UK Food Preservatives Market Growth & Trends
The UK Food Preservatives Market size was estimated at USD 61.7 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2030. Due to growing preferences for natural food preservatives in foods such as dairy products, snack foods, and processed meat products, the natural food preservatives are witnessing augmented market demand.
The UK market accounted for a revenue share of 2.1% of the global food preservatives market in 2023. In comparison to other European nations, the UK's food and beverage industry is growing because of its low corporate tax and cheaper labor expenses. Over the course of the forecast period, the market for natural food preservatives is anticipated to be driven by the growing demand for nutritious food products. In the UK in 2018, synthetic food preservatives accounted for the greatest portion of the demand for food preservatives. However, throughout the course of the projection period, natural preservatives are anticipated to gain a sizable market share due to the growing demand for natural, nutritious food products.
The increasing need for natural preservatives to preserve meat and poultry products is predicted to drive up demand for rosemary extract, natamycin, and vinegar. In the past, grapes were used to supply vinegar needs; but, due to a decline in grape production, balsamic vinegar is now used to fill the need.
The UK imports processed meat from neighboring nations; as a result, the need for antimicrobial compounds is rising in the nation to stop microbial activity on the imported meat. Nonetheless, the demand for seafood and poultry is rising as a result of growing health concerns about consuming pig meat. The rise in demand for dairy products is probably going to balance out the decline in meat consumption. Consequently, during the course of the forecast period, it is expected that the need for antimicrobial agents in the preservation of dairy products will rise.
The demand for clean label solutions is expanding, as is the appeal of packaged and processed foods, and the intricate supply chain of the food business is propelling the market. The expansion of organized retail, particularly in emerging nations, is probably going to propel the market for food preservatives. The costlier natural preservatives (which are in greater demand) and customer knowledge of the negative impacts of synthetic preservatives are the main market constraints. Corbion NV, for instance, doubled its output of lactic acid and goods derived from lactic acid in March 2021 by concurrently working on development assignments in Europe and other regions.
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UK Food Preservatives Market Report Highlights
- The synthetic food preservatives market accounted for a revenue share of 65.4% in 2023.
- The conventional food preservatives market accounted for a revenue share of 58.7% in 2023.
- The anti-microbial food preservatives category held a revenue share of nearly 65% in 2023.
- The food preservative demand in the meat & poultry segment held a revenue share of 32.4% in 2023.
UK Food Preservatives Market Segmentation
Grand View Research has segmented the UK food preservatives market report on the basis of label, type, function, and application:
- Label Outlook (Revenue, USD Million, 2018 - 2030)
- Clean Label
- Conventional
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Natural
- Edible Oil
- Rosemary Extracts
- Natamycin
- Vinegar
- Chitosan
- Others
- Synthetic
- Propionates
- Sorbates
- Benzoates
- Others
- Function Outlook (Revenue, USD Million, 2018 - 2030)
- Anti-microbial
- Anti-oxidant
- Others
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Meat & Poultry Products
- Bakery Products
- Dairy Products
- Beverages
- Snacks
- Others
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