Green Preservatives Market Outlook: Size, Share, Trends & Growth Analysis (2024-2029)
The market report presents a thorough analysis segmented by Type (Natural Preservatives, Organic Acid, Essential Oil, Nanoparticles, Bacteriophages); by End User (Food and Beverage, Personal Care and Cosmetic, Cleaning Industry, Industrial Cleaning, Household Cleaning, Pharmaceutical, Others); by Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa).
Outlook
- The green preservatives market is estimated to be at USD 1,190.11 Mn in 2024 and is anticipated to reach USD 1,473.33 Mn in 2029.
- The green preservatives market is registering a CAGR of 4.36% during the forecast period of 2024-2029.
- The global green preservatives market is gaining momentum as consumers and industries shift towards natural and eco-friendly alternatives to synthetic chemicals. Green preservatives, derived from natural sources such as plants, herbs, and essential oils, are increasingly used in food, cosmetics, and personal care products.
Request a free sample.
Ecosystem
- The global green preservatives industry participants are constantly developing strategies to preserve a competitive advantage.
- These companies focus on research and development, strategic partnerships, and acquisitions to expand their product offerings and market reach.
- Several important entities in the green preservatives market include Kerry Group; Kemin Industries, Inc.; BASF Group; Dow Inc.; International Flavors & Fragrances Inc.; and others.
Ask for customization.
Findings
| Attributes | Values |
|---|---|
| Historical Period | 2018-2022 |
| Base Year | 2023 |
| Forecast Period | 2024-2029 |
| Market Size (2024) | USD 1,190.11 Mn |
| Market Size (2029) | USD 1,473.33 Mn |
| Growth Rate | 4.36% CAGR from 2024 to 2029 |
| Key Segments | Type (Natural Preservatives, Organic Acid, Essential Oil, Nanoparticles, Bacteriophages); End User (Food and Beverage, Personal Care and Cosmetic, Cleaning Industry, Industrial Cleaning, Household Cleaning, Pharmaceutical, Others); Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa) |
| Key Vendors | Kerry Group; Kemin Industries, Inc.; BASF Group; Dow Inc.; International Flavors & Fragrances Inc. |
| Key Countries | The US; Canada; Mexico; Brazil; Argentina; China; India; Japan; South Korea; The UK; Germany; Italy; France; Spain; Israel; UAE; Saudi Arabia; Egypt; South Africa |
| Largest Market | North America |
Get a free quote.
Trends
- Plant-Based and Vegan Preservatives: The trend towards plant-based and vegan preservatives is becoming more prominent as consumers seek ethical and sustainable ingredient choices. Companies are focusing on plant-derived options like rosemary, green tea, and citrus extracts to meet the demand for cruelty-free and environmentally conscious products.
- Technological Advancements in Natural Preservation: Advances in extraction and preservation technologies are enhancing the efficacy and stability of green preservatives, making them more competitive with synthetic alternatives.
- Clean-Label Products: Consumers increasingly seek clean-label products containing natural and recognizable ingredients. This trend is particularly strong in the food and beverage industry. In June 2023, Nestlé announced it was reforming its popular food products using green preservatives, emphasizing the importance of transparency and natural ingredients.
Speak to analyst.
Catalysts
- Shift Towards Natural and Organic Products: Increasing consumer awareness about the potential health risks associated with synthetic preservatives is driving demand for natural and organic alternatives. This shift is particularly evident in the food and personal care sectors.
- Regulatory Pressure on Synthetic Preservatives: Growing regulatory scrutiny of synthetic preservatives due to their potential health and environmental impacts encourages manufacturers to adopt green preservatives. For example, in April 2023, the U.S. FDA introduced stricter guidelines for using parabens in cosmetics, prompting many brands to transition to natural preservatives.
- Expansion of the Organic Food Industry: The growing organic food industry is a significant driver for green preservatives. Organic certification standards often require natural preservatives, highlighting the rising demand for natural preservation methods.
Inquire before buying.
Restraints
- High Cost of Green Preservatives: The production and extraction of green preservatives are often more expensive than synthetic alternatives, leading to higher costs for manufacturers. This cost differential can be a barrier to widespread adoption, particularly for price-sensitive markets.
- Regulatory Hurdles and Certification: The regulatory landscape for green preservatives is complex, with varying standards and certification requirements across regions. Navigating these regulations is challenging for manufacturers, leading to delays in product launches. In October 2023, the European Food Safety Authority (EFSA) updated its guidelines for approving new natural preservatives, adding more stringent testing requirements that could slow market entry.
- Supply Chain and Sourcing Issues: Climate change, seasonal variations, and geopolitical instability can affect the sourcing of raw materials for green preservatives, often from specific plants or herbs.
Hotspot
Explore purchase options.
Table of Contents
| 1. Introduction 1.1. Research Methodology 1.2. Scope of the Study 2. Market Overview / Executive Summary 2.1. Global Green Preservatives Market (2018 – 2022) 2.2. Global Green Preservatives Market (2023 – 2029) 3. Market Segmentation 3.1. Global Green Preservatives Market by Type 3.1.1. Natural Preservatives 3.1.2. Organic Acid 3.1.3. Essential Oil 3.1.4. Nanoparticles 3.1.5. Bacteriophages 3.2. Global Green Preservatives Market by End User 3.2.1. Food and Beverage 3.2.2. Personal Care and Cosmetic 3.2.3. Cleaning Industry 3.2.4. Industrial Cleaning 3.2.5. Household Cleaning 3.2.6. Pharmaceutical 3.2.7. Others 4. Regional Segmentation 4.1. North America 4.1.1. The US 4.1.2. Canada 4.1.3. Mexico 4.2. South America 4.2.1. Brazil 4.2.2. Argentina 4.2.3. Colombia 4.2.4. Chile 4.2.5. Rest of South America 4.3. Asia Pacific 4.3.1. China 4.3.2. India 4.3.3. Japan 4.3.4. South Korea 4.3.5. Rest of Asia Pacific 4.4. Europe 4.4.1. The UK 4.4.2. Germany 4.4.3. Italy 4.4.4. France 4.4.5. Spain 4.4.6. Rest of Europe 4.5. The Middle East 4.5.1. Turkey 4.5.2. UAE 4.5.3. Saudi Arabia 4.5.4. Rest of the Middle East 4.6. Africa 4.6.1. Egypt 4.6.2. South Africa 4.6.3. Rest of Africa 5. Value Chain Analysis of the Global Green Preservatives Market 6. Porter Five Forces Analysis 6.1. Threats of New Entrants 6.2. Threats of Substitutes 6.3. Bargaining Power of Buyers 6.4. Bargaining Power of Suppliers 6.5. Competition in the Industry 7. Trends, Drivers and Challenges Analysis 7.1. Market Trends 7.1.1. Market Trend 1 7.1.2. Market Trend 2 7.1.3. Market Trend 3 7.2. Market Drivers 7.2.1. Market Driver 1 7.2.2. Market Driver 2 7.2.3. Market Driver 3 7.3. Market Challenges 7.3.1. Market Challenge 1 7.3.2. Market Challenge 2 7.3.3. Market Challenge 3 8. Opportunities Analysis 8.1. Market Opportunity 1 8.2. Market Opportunity 2 8.3. Market Opportunity 3 9. Competitive Landscape 9.1. Kerry Group 9.2. Kemin Industries, Inc. 9.3. BASF Group 9.4. Dow Inc. 9.5. International Flavors & Fragrances Inc. 9.6. Company 6 9.7. Company 7 9.8. Company 8 9.9. Company 9 9.10. Company 10 |
Know the research methodology.
Green Preservatives Market – FAQs
1. What is the current size of the green preservatives market?
Ans. In 2024, the green preservatives market size is USD 1,190.11 Mn.
2. Who are the major vendors in the green preservatives market?
Ans. The major vendors in the green preservatives market are Kerry Group; Kemin Industries, Inc.; BASF Group; Dow Inc.; International Flavors & Fragrances Inc.
3. Which segments are covered under the green preservatives market segments analysis?
Ans. The green preservatives market report offers in-depth insights into Type, End User, and Geography.