North America Food Preservatives Market

North America Food Preservatives Market Size (2024 to 2032)

The North America Food Preservatives Market size was estimated at USD 0.94 Billion in 2024 and is projected to reach USD 1.24 Billion by 2032, at a CAGR of 3.47% during the forecast period from 2024 to 2032. Preservatives are an important factor in the meat, poultry, & seafood industry. They are added to beef, meat, bacon and other products to destroy toxins and react with proteins. Preservatives reduce pathogen attack and provides a better shelf-life and taste.

Market Drivers 

Increasing consumption of processed food items, which are ready-to-use, and have a long shelf life are attracting the people across the states of U.S. and Canada. Thus, there is a great increase in the demand for food preservatives, with increasing demand for processed food, which is elevating the market growth.

Market Restraints

But, consumers are also becoming conscious about the ill effects of the chemical preservatives, which may constrain the market growth.

Segmental Analysis

North America Food Preservatives Market By Type

• Natural
• Synthetic

North America Food Preservatives Market By Function

• Antimicrobials
• Antioxidants
• Chelating
• Enzyme inhibitors

North America Food Preservatives Market By Application

• Beverages
• Oils & fats
• Bakery
• Dairy & frozen products
• Snacks
• Meat
• poultry
• Seafood products
• Confectionery
• Other applications

Benzoic acid and Sodium benzoate are the most preferred preservatives, followed by sorbates. Sea food products, processed meat and poultry consume the major share of North America food preservatives market. Beverage industry is the major consumer for preservatives, followed by meat industry.

North America Food Preservatives Market By Region

• US
• Canada
• Rest of North America

North America is the biggest market in the world with a market share of 33%. U.S holds the largest share.  The market in North America is mainly growing due to stable increase in the demand for minimally processed food items with long shelf life, thus, attracting the companies to expand the consumer base.

Key Players in the Market

Major Key Players in the North America Food Preservatives Market are BASF SE, Cargill Incorporated, Celanese Corporation, Chr. Hansen A/S, Kerry Group, Koninklijke DSM N.V, The Archer Daniels Midland Company, Corbion N.V, DuPont, and JEY’S F.I. Inc