The Global Fruit Preservatives Market size is expected to grow from USD 272 Million in 2022 to USD 344.56 Million by 2030, at a CAGR of 3% during the forecast period (2023-2030).
Food preservatives are chemicals that are used to inhibit or reduce the rate at which bacteria and other microbes cause food to spoil. To put it simply, it's a method of treating fruits to keep their nutritional content and quality intact. The best preservatives also help to avoid discoloration and significantly slow down the natural aging process that takes place during food preparation. One such example is the enzymatic browning reaction in apples, which results in browning around the cut portion of the fruit.
Fruit Preservatives basically reduce the oxidation of the outer surfaces and cut surfaces of the fruit. This makes these substances preserve the texture, flavor, color, and overall appearance of the fresh fruit. antimicrobial and antioxidant properties are key elements in such preservation. Flavonoids that are present in the fruits are needed to be further retained as they are harmed and fed by fungi, bacteria, yeast, and other microorganisms.
Top Key Players Covered in The Fruit Preservatives Market
Cargill Inc (US), Kemin Industries Inc (US), ICL Group Ltd (Israel), Kerry Inc (Ireland), Corbion N.V. (Netherlands), Archer Daniels Midland Company (ADM) (US), Apeel Sciences (US), DuPont de Nemours Inc (US), DSM (Netherlands), Galactic SA (Belgium) and Other Major Players
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Segmentation Analysis of the Fruit Preservatives Market:
Fruit Preservatives market segments cover the Type, Treatment, and Function. By Function, the Antioxidant and Antimicrobial Segments are Anticipated to Dominate the Market During the Forecast period.
By Type
- Natural
- Synthetic
By Treatment
- Coating
- Fungicides
- Sanitizers
- Others
By Function
- Antioxidant
- Antimicrobial
- Enzyme Inhibitors
By End-User
- Fruit Retailers
- Supermarkets
- Convenience Stores
- Others
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Regional Analysis of The Fruit Preservatives Market
North America Forms A Huge Market For Fruit Preservatives While Asia Pacific Is Expected To Dominate The Market Over The Forecast Period.
North America is the leader in the fruit preservative market because of the region's higher fruit consumption in the US and Canada, two major fruit markets with significant production. The region's higher demand for and consumption of fresh foods is the primary driver of the market's success. As of 2021, fresh fruit sales made up about half of all produce segment sales in the US, according to Statista, which reports that the fruits and vegetables market in the US has grown over the past ten years. Additionally, the average consumer price index (CPI) for fresh fruit decreased from 360.1 in 2020 to 357.1 in this year.
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
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- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Fruit Preservatives Market
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