Product Code: ETC4538665 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India food preservatives market import shipment demonstrated a robust growth trend with a CAGR of 13.0% from 2020-2024. However, there was a slight slowdown with a growth rate of -1.5% between 2023 and 2024. Overall, the market expanded significantly but showed signs of stabilization in the most recent period.
The India food preservatives market is expanding as consumers prioritize food safety, shelf life, and the reduction of food wastage. Food preservatives, including natural and synthetic additives, are used to extend the freshness and longevity of food products. With changing lifestyles, there is a greater reliance on packaged and processed foods, increasing the demand for preservatives. Additionally, as consumers become more health-conscious, there is a preference for preservatives that are perceived as safe and natural. The market for food preservatives in India is expected to continue its growth trajectory.
The food preservatives market in India is expanding as consumers seek longer shelf lives and convenient food options. With an increasing urban population and changing lifestyles, there is a rising demand for packaged and processed foods. Food preservatives are crucial for maintaining the quality and safety of these products. Additionally, the COVID-19 pandemic highlighted the importance of preserving food for emergency situations, which further stimulated the market. While consumers are becoming more health-conscious, the industry is responding by developing natural and clean-label preservatives, striking a balance between convenience and health.
The India food preservatives market confronts several challenges as it strives to meet the demand for longer shelf life and food safety. Regulatory compliance and safety standards are essential, requiring manufacturers to meet stringent regulations governing the use of preservatives in food products. Consumer awareness and changing preferences for natural and clean-label products pose challenges, as there is a growing demand for preservative-free or naturally preserved foods. Balancing the need for food safety with consumer preferences requires ongoing innovation to develop preservatives that meet both requirements. Additionally, competition from alternative preservation methods and consumer perception of preservatives as unhealthy drive the need for research and development to create safer, more effective preservative solutions.
With a focus on food safety and extending the shelf life of products, the food preservatives market continued to play a crucial role in the food industry during the pandemic.
Key players in the India food preservatives market include Cargill, DuPont, Brenntag AG, and Kemin Industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Food Preservatives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Food Preservatives Market Revenues & Volume, 2021 & 2031F |
3.3 India Food Preservatives Market - Industry Life Cycle |
3.4 India Food Preservatives Market - Porter's Five Forces |
3.5 India Food Preservatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Food Preservatives Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 India Food Preservatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for processed and convenience food products in India |
4.2.2 Growing awareness about food safety and quality among consumers |
4.2.3 Expansion of food and beverage industry in India |
4.3 Market Restraints |
4.3.1 Stringent regulations and approval processes for food preservatives in India |
4.3.2 Rising consumer preference for natural and organic food products |
5 India Food Preservatives Market Trends |
6 India Food Preservatives Market, By Types |
6.1 India Food Preservatives Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Food Preservatives Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Food Preservatives Market Revenues & Volume, By Meat & Poultry & Seafood, 2021-2031F |
6.1.4 India Food Preservatives Market Revenues & Volume, By Bakery, 2021-2031F |
6.1.5 India Food Preservatives Market Revenues & Volume, By Confectionery, 2021-2031F |
6.1.6 India Food Preservatives Market Revenues & Volume, By Snacks, 2021-2031F |
6.1.7 India Food Preservatives Market Revenues & Volume, By Dairy & Frozen Products, 2021-2031F |
6.1.8 India Food Preservatives Market Revenues & Volume, By Beverages, 2021-2031F |
6.2 India Food Preservatives Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Food Preservatives Market Revenues & Volume, By Natural, 2021-2031F |
6.2.3 India Food Preservatives Market Revenues & Volume, By Synthetic, 2021-2031F |
7 India Food Preservatives Market Import-Export Trade Statistics |
7.1 India Food Preservatives Market Export to Major Countries |
7.2 India Food Preservatives Market Imports from Major Countries |
8 India Food Preservatives Market Key Performance Indicators |
8.1 Percentage increase in the adoption of food preservatives by food manufacturers in India |
8.2 Number of new product launches containing food preservatives in the Indian market |
8.3 Growth in investments in research and development for innovative food preservative solutions in India |
9 India Food Preservatives Market - Opportunity Assessment |
9.1 India Food Preservatives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Food Preservatives Market Opportunity Assessment, By Type, 2021 & 2031F |
10 India Food Preservatives Market - Competitive Landscape |
10.1 India Food Preservatives Market Revenue Share, By Companies, 2024 |
10.2 India Food Preservatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |