Global Preservative Blend Market Size is Expected to Reach $254 Million by 2028

PostDate：2024-01-23

A preservative blend, typically used to extend the shelf life of food, medicine, and other products, is a substance composed of two or more preservatives.

Overview of Market Development and Analysis of Segmented Markets

With people's increasing attention to food safety and shelf life, the application of preservatives in food, medicine, and other fields is becoming more and more widespread. In recent years, the global market for preservative blends has been steadily growing. According to our research data, the global market size of preservative blends was $205 million in 2023 and may increase to $254 million by 2028.

According to different classification standards, preservative blends can be classified in multiple ways. According to their sources, they can be divided into natural preservative blends and synthetic preservative blends; Based on their uses, they can be divided into food preservative blends, pharmaceutical preservative blends, etc; According to their different composition, preservative blends can be further divided into parabens, phenolic derivatives, halogenated compounds, alcohols, and organic acids. Among them, paraben-type preservative blends occupy the largest market share.

Global Preservative Blend Market Size Forecast Market Segment Analysis

Global Preservative Blend Market Size Forecast Market Segment Analysis

Source: www.globalmarketmonitor.com

Analysis of Market Development in Major Regions/Countries

From a regional perspective, North America is the world's largest consumer market for preservative blends. The data shows that the consumption of preservative blends in North America in 2023 was 7320 tons, accounting for 26.12% of the global total consumption; Europe is the industry's largest revenue market, with data showing that the revenue from the European preservative blend market in 2023 was $78.19 million, with a revenue share of 38.07%. From a national perspective, the preservative blend market in Asian countries such as China, Japan, and India is also an important component of the global preservative blend market and holds a certain share.

Preservative Blend Consumption, Market Ravenue and Shaare by Region/Country in 2023

Regions/Countries	Consumption (Tons)	Market Revenue (Million USD)	Share
North America	7320	50.30	24.49%
Europe	6236	78.19	38.07%
China	5050	26.00	12.66%
Japan	928	7.75	3.77%
India	3016	17.21	8.38%
South America	1331	6.97	3.39%
Middle East & Africa	1082	3.74	1.82%

Source: www.globalmarketmonitor.com

Market development trend analysis

The demand for environmentally friendly preservatives is increasing: With the increasing global awareness of environmental protection, the demand for natural and environmentally friendly preservatives is increasing. This provides a huge market space for environmentally friendly preservatives such as biological preservatives.

Technological upgrading and innovation: The innovation speed of the preservative industry is accelerating, and new, efficient, and safe preservatives are constantly emerging. The upgrading and replacement of technology is also an important factor driving market growth.

Personalized demand: Consumer demand for personalized products is increasing, which requires preservative companies to provide customized and differentiated products and services.

For more industry information, please refer to our latest released "China Preservative Blends Industry Market Research Report 2023-2029".

Global Preservative Blend Market Size is Expected to Reach $254 Million by 2028

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