Italy Food Preservatives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.35 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Italy Food Preservatives Market Analysis
The Italian food preservatives market is projected to register a CAGR of 2.35% during the forecast period (2020 - 2025).
- The preservatives market is largely driven by the demand for convenience and packaged foods by the burgeoning population and rising urbanization rates. However, the major constraint is the increased awareness about the ill effects of synthetic ingredients and growing consumer demand for fresh and natural foods.
- Companies are seeing this as an opportunity to innovate and provide solutions in the form of natural and functional ingredients, in order to cater to the growing demand for preservatives.
Italy Food Preservatives Market Trends
This section covers the major market trends shaping the Italy Food Preservatives Market according to our research experts:
Increase in Demand for Processed Foods
Antimicrobials function principally to prevent or inhibit the growth of microorganisms and, thus, prevent spoilage of food. Antimicrobial agents also include compounds, such as calcium propionate and sorbic acid, which are used in products, such as baked goods, salad dressings, cheeses, margarine, and pickled foods. Antimicrobials are also currently employed as preservatives within the food industry to extend product shelf-life, improve product safety, maintain product quality, reduce processing costs, and increase the ability to distribute products in complex supply chains. The large share of antimicrobials can be attributed to their wide use in many applications, such as dairy and frozen foods, snacks, and convenience foods, among others. Demand for processed foods is one of the drivers for the growth of this segment.
The Bakery Segment Holds a Prominent Share
Changing consumer lifestyles toward healthy living is likely to stimulate the growth of bakery ingredients used in products, such as cakes, biscuits, bread, pastries, and morning goods, which is expected to drive the growth of bakery products in the Italian market. Bakery products are still undergoing development and innovation in terms of healthy ingredients to be included in them. There has been an increasing demand for specialty ingredients in bakery products in Italy.
Italy Food Preservatives Industry Overview
The strategies used by companies are increasing R&D expenditure to innovate products under the natural preservatives segment to meet the increasing consumer preferences. Some of the major players in the Italian food preservatives market are ADM, Cargill Inc., Kerry Inc., Koninklijke DSM NV, Jungbunzlauer Suisse AG, Basel, and Corbion NV, among others.
Italy Food Preservatives Market Leaders
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Cargill Inc
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Kerry Inc
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Jungbunzlauer Suisse AG, Basel
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Koninklijke DSM N.V.
*Disclaimer: Major Players sorted in no particular order
Italy Food Preservatives Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Natural
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5.1.2 Synthetic
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5.2 By Application
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5.2.1 Beverage
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5.2.2 Dairy and Frozen Products
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5.2.3 Bakery
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5.2.4 Meat, Poultry, and Seafood
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5.2.5 Confectionery
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5.2.6 Other Applications
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 The Archer Daniels Midland Company
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6.3.2 Cargill Inc.
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6.3.3 Kerry Inc.
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6.3.4 Koninklijke DSM NV
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6.3.5 DuPont
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6.3.6 Jungbunzlauer Suisse AG, Basel
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6.3.7 Corbion NV
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6.3.8 BASF SE
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Italy Food Preservatives Industry Segmentation
The Italian food preservatives market is segmented by type and application. Based on type, the market is segmented into natural and synthetic. Based on the application, the market is segmented into beverage, dairy and frozen products, bakery, meat, poultry, and seafood, confectionery, and other applications.
| By Type | |
| Natural | |
| Synthetic |
| By Application | |
| Beverage | |
| Dairy and Frozen Products | |
| Bakery | |
| Meat, Poultry, and Seafood | |
| Confectionery | |
| Other Applications |
Italy Food Preservatives Market Research FAQs
What is the current Italy Food Preservatives Market size?
The Italy Food Preservatives Market is projected to register a CAGR of 2.35% during the forecast period (2024-2029)
Who are the key players in Italy Food Preservatives Market?
Cargill Inc, Kerry Inc, Jungbunzlauer Suisse AG, Basel and Koninklijke DSM N.V. are the major companies operating in the Italy Food Preservatives Market.
What years does this Italy Food Preservatives Market cover?
The report covers the Italy Food Preservatives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Italy Food Preservatives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Italy Food Preservatives Industry Report
Statistics for the 2024 Italy Food Preservatives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Italy Food Preservatives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
