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).
The market of fruit preservatives includes the production, distribution and use of substances used to extend the shelf life and maintain the quality of fruit by preventing microbial growth, enzymatic activity and oxidation. Fruit preservatives come in many forms, including natural compounds such as sugar, salt, and vinegar, as well as synthetic additives such as sulfites, sorbates, and benzoates. These preservatives help prevent spoilage, preserve color, texture, and flavor, and ensure the safety of fruit during storage, transportation, and handling. Key considerations in the market include regulatory compliance, consumer preferences for natural ingredients and technological advances in preservation methods. Market dynamics are influenced by factors such as demand for convenience foods, food safety regulations, sustainability aspects and developments in food processing and packaging technology. The fruit preservatives market serves food manufacturers, processors, retailers and consumers by providing solutions to preserve the freshness and quality of fruit.
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
Economic Benefits of Preservatives by Aiding in the Safe Supply and Transportation of Fruits
- Fruits and vegetables are biodegradable and highly susceptible to microbial attack. Challenges such as natural ripening and the process of fruit breaking, which occurs mainly through an enzymatic reaction, for example, found that fresh fruit shrinkage in bananas ranged from 4.1 percent to 43.1 percent, according to the Economic Research Service of the United States Department of Agriculture. papayas, a widely consumed fruit in the country, and produce sections averaged a total contraction of 4.8 percent of retail sales. This kind of product deterioration and degradation is a major problem for the food industry.
- However, fruit producers and retailers can avoid such financial losses by using preservatives and preservation techniques responsibly and the demand for fruit preservatives is also increasing due to such market-friendly factors. experienced increased recovery.
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Growing Demand for Fruits Due to Growing Health Awareness and Wider Adoption of Vegan and Fruit Diets
The ever-increasing demand for fruits across the world is the main factor behind the success of fruit preservatives and is boosting the market. Historically, the availability of fruit has been consistently insufficient to meet recommended consumption levels in many countries. For example, in 2015, 81 countries, representing 55 percent of the world's population, had average fruit and vegetable availability above the WHO minimum target, and only 40 countries, representing 36 percent of the world's population, had adequate access below a stricter age -based. recommendations.
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 Industry Developments in the Fruit Preservatives Market
In December 2022, ICL, a leading global specialty minerals company, announced the launch of its FruitMag, a sustainable and superior solution for post-harvest citrus fruit treatment. FruitMag is an innovative mineral-based and fungicide-free product, unlike the products currently used by the global citrus fruit industry. With the use of this food-grade magnesia product, ICL is able to eliminate toxic materials and reduce product losses, while increasing shelf life.
In March 2021, Corbion, a global leader in lactic acid and its derivatives, is to launch an initiative aimed at increasing its capacity for producing lactic acid and lactic-acid derivatives ahead of its previously announced expansion in Thailand scheduled for 2023. The plan is expected to produce a combined additional output roughly equivalent to a new production site without actually having to build one, It also involves capital expenditures at 4 existing Corbion sits to maximize efficiencies and leverage synergies.
In August 2020, Corbion has been granted a European patent for its fruit ferments containing natural organic acids and other flavor compounds. These fruit ferments can be used in a range of food applications, including bakery. the fermentations themselves also have natural preservation qualities. With the patent extension, Europe, the US, and Japan are also now covered.
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