Top 10 Food Preservative Companies | A Better Shelf Life

Trishita Deb
Trishita Deb

Updated · Feb 9, 2024

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Global Preservatives Market Overview

Food Preservatives are essential in various sectors like food, cosmetics, pharmaceuticals, and industry, ensuring product durability and safety. They come in chemical and physical varieties, from synthetic examples like parabens to natural alternatives like vitamin E.

Regulatory agencies such as the FDA and EPA closely supervise their application, necessitating extensive safety evaluations. As consumer demand for natural items rises, there’s a shift towards natural preservatives and improved formulas that emphasize sustainability and efficacy.

Innovation and adherence to regulations are crucial for maintaining product standards amidst changing market demands.

Market Drivers

Multiple factors contribute to the growth of the global preservatives market. Firstly, the increasing consumption of packaged and convenient foods in urban areas necessitates preservatives to extend shelf life and preserve quality.

Secondly, heightened awareness regarding food safety prompts consumers to opt for preservatives to prevent microbial contamination. Furthermore, the expanding cosmetics industry, coupled with higher disposable incomes, drives demand for preservatives to enhance product stability.

Additionally, stringent regulations governing food and cosmetic safety stimulate innovation in preservative formulations, resulting in safer alternatives. Lastly, the rising preference for natural and organic products fuels the demand for preservatives sourced from plant extracts and essential oils, creating growth opportunities in this market.

Market Size

The Food Preservatives Market is expected to grow from USD 3.4 Billion in 2023 to approximately USD 4.7 Billion by 2032, at a CAGR of 3.8% from 2022 to 2032.

List of Major Companies

 These are the top ten companies operating in the preservative market:

Dow-Chemical

Company Overview

Establishment Year1897
HeadquarterMidland, Michigan, U.S
Key ManagementJim Fitterling (Chairman and CEO)
Revenue (US$ Bn)$ 56.9 Billion (2022)
Headcount~ 37,800 (2022)
Websitehttps://www.dow.com/

About Dow

Dow, a renowned multinational corporation, is known for its extensive range of chemical, plastic, and agricultural products. In the preservatives sector, Dow provides tailored innovative solutions for various industries like food, cosmetics, pharmaceuticals, and industrial applications. Leveraging expertise in chemistry and material science, Dow offers preservatives that effectively combat microbial growth, extend product shelf life, and maintain quality.

Emphasizing safety, effectiveness, and sustainability, Dow aligns with evolving regulatory requirements and consumer preferences. With a global presence and commitment to research and development, Dow leads in advancing preservative technologies to meet diverse market needs.

Geographical Presence

The Dow Chemical Company has a vast global presence, spanning 160 countries across several continents. It maintains strong operations in North America, especially in the US and Canada, strategically placing facilities and offices to solidify its market position. In Europe, Dow is well-established in countries like Germany, Switzerland, and the UK, serving as centers for innovation and customer interaction.

In the Asia Pacific, including China, Japan, South Korea, India, and Singapore, Dow has made significant investments to meet the growing demand for chemicals and materials. Latin America and the Middle East are also key regions for Dow, with operations in countries such as Brazil and Mexico, along with strategic partnerships in the Middle East.

Recent Developments

  • In January 2024, Dow’s PO/PG and Polyols manufacturing site in Freeport, Texas attained International Sustainability and Carbon Certification (ISCC) PLUS certification. This certification acknowledges Dow’s use of waste-sourced feedstock, demonstrating its commitment to decoupling fossil feedstocks. Following a thorough independent audit, Dow’s implementation of sustainable practices is recognized.
  • In December 2023, Dow introduced two new caustic soda products, TRACELIGHT and Caustic DEC, as part of its Decarbia portfolio of low-carbon solutions. These products offer a significant reduction in carbon dioxide emissions, with up to 90% less CO2 compared to traditional options.

BASF

Company Overview

Establishment Year1865
HeadquarterLudwigshafen, Germany
Key ManagementJürgen Hambrecht (Chairman of the Supervisory Board)
Revenue (US$ Bn)$ 91.8 B (2022)
Headcount~ 112,085 (2022)
Websitehttp://basf.com/

About BASF

BASF SE, a leading chemical company based in Germany, offers an extensive range of products, including food preservatives. Drawing on its expertise in chemistry and innovation, BASF provides various preservatives tailored for the food industry. These preservatives are essential for prolonging the shelf life of food, preventing microbial contamination, and upholding product quality and safety standards.

BASF’s strong commitment to sustainability and safety ensures that its preservative solutions meet strict regulatory standards and consumer needs. With a global presence and a focus on research and development, BASF continues to introduce innovative preservative solutions to the food sector.

Geographical Presence

BASF SE, headquartered in Ludwigshafen, Germany, maintains a significant global presence across multiple continents. With strong roots in Europe, particularly in Germany, BASF has expanded its operations to encompass North America, with a focus on the United States and Canada.

In the Asia-Pacific region, BASF has strategically positioned itself in key markets such as China and India to capitalize on the growing demand for chemicals and materials. Additionally, the company has established a noteworthy presence in Latin America and Africa, contributing to local economies while extending its global reach.

Recent Developments

  • In January 2024, BASF opened its TPU facility at the Zhanjiang Verbund site, marking the largest single TPU production line for BASF worldwide. 
  • In December 2023, BASF unveiled Irgastab PUR 71, an innovative anti-scorch solution designed to meet regulations while delivering outstanding performance.

Celanese

Company Overview

Establishment Year1918
HeadquarterIrving, Texas, U.S.
Key ManagementLori J. Ryerkerk (CEO)
Revenue (US$ Bn)$ 8.5 Billion (2021)
Headcount~ 8,529 (2021)
Websitehttp://celanese.com/

About Celanese Corporation

Celanese Corporation, a leading global provider of chemicals and specialty materials, offers a wide range of solutions, including food preservatives. Leveraging its expertise and advanced technologies, Celanese develops tailored preservatives to meet the specific needs of the food industry.

These preservatives are essential for extending food shelf life, preventing microbial contamination, and maintaining quality and safety standards. Celanese’s commitment to excellence ensures that its preservative solutions meet stringent regulatory requirements and satisfy consumer demands. With a global presence and a focus on innovation, Celanese consistently delivers high-quality preservative solutions to the food sector.

Geographical Presence

Celanese holds a formidable presence across key regions, enabling efficient operations and market penetration. Notably, North America serves as a crucial hub, hosting a significant concentration of manufacturing facilities and the corporation’s headquarters in the United States. Expanding into Europe, Celanese has established manufacturing sites and offices across the continent, bolstering its competitiveness in sectors like industrial applications and healthcare.

In the Asia-Pacific region, including China and South Korea, Celanese has strategically positioned itself to capitalize on growing markets, serving various sectors from automotive to textiles. Additionally, Celanese extends its reach into Latin America and the Middle East, strengthening its global presence and meeting the evolving needs of customers in these regions.

Recent Development

  • In January 2024, Celanese Corporation partnered with Under Armour, Inc. to create NEOLAST, a new fiber designed for performance stretch fabrics.
  • In December 2023, Celanese Corporation updated its distribution approach, moving from an exclusive model to a multi-distribution one across the Americas and Europe. This change aims to improve customer satisfaction and convenience by offering a wider selection of distributors and sourcing options.

Archer-Daniels-Midland

Company Overview

Establishment Year1902
HeadquarterChicago, Illinois, U.S.
Key ManagementJuan Luciano (Chairman and CEO)
Revenue (US$ Bn)$101.6 Billion (2022)
Headcount~ 42,001 (2022)
Websitehttp://adm.com/

About Archer-Daniels-Midland

ADM, a global leader in food processing and ingredients, offers a variety of food preservatives. Leveraging expertise and innovative technologies, ADM provides preservative options tailored to meet food industry needs.

These preservatives are crucial for prolonging food shelf life, preventing microbial contamination, and ensuring quality and safety. ADM’s dedication to excellence ensures that its preservatives meet regulatory standards and customer expectations. With a global presence and a focus on innovation, ADM consistently delivers quality preservative solutions to the food industry.

Geographical Presence

ADM is headquartered in Decatur, Illinois, with a strong presence in North America, including processing plants, distribution centers, and offices. In Europe, ADM operates in countries like the Netherlands, the UK, Germany, and France. South America, particularly Brazil and Argentina, is vital for ADM’s agricultural processing and exports.

In the Asia-Pacific region, including China, Japan, and Singapore, ADM serves as a key trading and processing hub, especially for soybeans and palm oil. Additionally, ADM operates in select African countries such as South Africa and Morocco, primarily focusing on grain sourcing and processing.

Recent Development

  • In December 2023, ADM acquired a majority stake in Buckminster Química, a producer of refined glycerin located in Macatuba, São Paulo.
  • In October 2023, ADM allocated $33 million for the construction and launch of a new pet food production line in Guadalajara, Jalisco.

DuPont-de-Nemours

Company Overview

Establishment Year1802
HeadquarterWilmington, Delaware, USA
Key ManagementEdward D. Breen (Executive Chairman & CEO)
Revenue (US$ Bn)$16.6 B (2021)
Headcount~ 28,000 (2021)
Websitehttp://www.dupont.com/

About DuPont de Nemours

DuPont de Nemours, Inc. is a global leader known for its innovative solutions across industries, including food preservatives. Leveraging advanced technologies, DuPont offers tailored preservative options to extend food shelf life, prevent microbial contamination, and maintain quality standards.

With a strong commitment to excellence and adherence to regulations, DuPont delivers high-quality preservative solutions globally, meeting consumer needs effectively.

Geographical Presence

DuPont, or DuPont de Nemours, Inc., has a significant global presence spanning North America, Europe, Asia-Pacific, Latin America, and beyond. In North America, it operates extensively across the United States and Canada, strategically placing facilities and offices in various states. Europe also plays a vital role in DuPont’s strategy, with operations in key countries like Germany, France, and the United Kingdom.

In the Asia-Pacific region, DuPont is prominent in countries such as China, India, Japan, and South Korea, utilizing localized manufacturing and partnerships to meet market demands. Additionally, the company expands into Latin America and other emerging markets, demonstrating its commitment to fulfilling diverse customer needs worldwide.

Recent Developments

  • In November 2023, DuPont unveiled its new manufacturing site, DuPont Kalrez, in Newark, Delaware, aimed at meeting increased global customer demand in the semiconductor and industrial sectors.
  • In January 2022, DuPont Interconnect Solutions finished expanding its manufacturing site in Circleville, Ohio.

Brenntag

Company Overview

Establishment Year1874
HeadquarterEssen, Germany
Key ManagementChristian Kohlpaintner (CEO)
Revenue (US$ Bn)$ 20.4 Billion (2022)
Headcount~ 17,500 (2022)
Websitehttp://www.brenntag.com/

About Brenntag

Brenntag SE, a global leader in chemical distribution, provides a wide range of solutions including food preservatives. Leveraging its expertise and extensive network, Brenntag offers various preservatives tailored to the needs of the food industry. These preservatives are essential for extending shelf life, preventing microbial contamination, and ensuring product quality and safety.

Brenntag’s commitment to excellence ensures that its preservative solutions meet regulatory standards and customer requirements. With a global presence and focus on customer satisfaction, Brenntag continues to deliver high-quality preservative solutions to the food industry.

Geographical Presence

Strategically positioned in key global markets, Brenntag effectively serves various industries with its diverse product portfolio and value-added services. In Europe, it has a strong presence, particularly in Germany, the United Kingdom, France, and the Benelux region. Brenntag also holds a significant position in North America, serving the United States, Canada, and Mexico.

Furthermore, it has expanded into the Asia-Pacific region, including China, India, Japan, and Australia. With a strategic presence in Latin America, Africa, and the Middle East, Brenntag enhances its global reach, reinforcing its reputation as a reliable partner worldwide.

Recent Developments

  • In February 2024, Brenntag agreed to purchase a chemical logistics facility from Chimica D’Agostino in Italy. Situated in the industrial zone of Bari (Puglia), the site boasts excellent connectivity to the Adriatic highway and convenient access to nearby harbors.
  • In December 2023, Brenntag acquired Solventis Group specializing in the distribution of glycols and solvents.

Eastman-Chemical

Company Overview

Establishment Year1920
HeadquarterKingsport, Tennessee, U.S.
Key ManagementMark J. Costa (CEO)
Revenue (US$ Bn)$ 10.6 Billion (2022)
Headcount~ 14,500 (2022)
Websitehttp://www.eastman.com/

About Eastman Chemical Company

Eastman Chemical Company, a prominent player in specialty chemicals worldwide, provides diverse solutions, including food preservatives. Drawing on its expertise and cutting-edge technologies, Eastman offers a variety of preservatives customized for the food sector’s requirements.

These preservatives play a vital role in preserving product freshness, safeguarding against microbial contamination, and upholding quality and safety standards. Eastman’s dedication to quality ensures its preservative solutions comply with regulations and meet customer needs. With a global reach and a focus on innovation, Eastman consistently delivers top-notch preservative solutions for the food industry.

Geographical Presence

Headquartered in Kingsport, Tennessee, Eastman Chemical has expanded its operations globally. In North America, the company maintains manufacturing facilities, research centers, and offices throughout the United States and Canada. In Europe, it strategically positions manufacturing sites, distribution centers, and offices to leverage technological advancements and diverse markets.

Across Asia-Pacific, including China, Japan, South Korea, and India, Eastman Chemical has invested in manufacturing facilities, technical centers, and offices to drive growth. Additionally, the company engages with customers and stakeholders in Latin America, the Middle East, and Africa to foster sustainable innovation and growth.

Recent Developments

  • In January 2024, Eastman, a leading producer of sustainable Naia cellulosic fiber, collaborated with sustainable fashion brand Reformation for the release of its January bridal collection.
  • In December 2023, Eastman Chemical Company finalized the sale of its Texas City Operations to INEOS Acetyls, as previously announced.

Tate-n-Lyle

Company Overview

Establishment Year1921
HeadquarterLondon, England, UK
Key ManagementNick Hampton (CEO)
Revenue (US$ Bn)$ 2.2  Billion (2023)
Headcount~ 3,604 (2023)
Websitehttp://www.tateandlyle.com/

About Tate & Lyle

Tate & Lyle PLC, a prominent global supplier of food and beverage ingredients, offers a diverse range of solutions, including food preservatives. Leveraging its expertise and advanced technologies, Tate & Lyle provides various preservatives tailored to meet the specific requirements of the food industry. These preservatives are essential for prolonging the shelf life of food products, preventing microbial contamination, and maintaining quality and safety standards.

Tate & Lyle’s dedication to excellence ensures that its preservative solutions comply with strict regulatory standards and meet consumer demands. With a worldwide presence and a focus on innovation, Tate & Lyle consistently delivers high-quality preservative solutions to the food industry.

Geographical Presence

Tate & Lyle PLC has a robust global presence, with operations spanning North America, Europe, Asia Pacific, Latin America, and the Middle East. In North America, the company serves key markets in the United States and Canada, while in Europe, it operates in various countries including the United Kingdom.

Tate & Lyle also extends its reach into emerging markets such as Asia Pacific and Latin America. This extensive geographical footprint strategically positions the company to deliver innovative food and beverage ingredients and solutions to a diverse customer base worldwide.

Recent Developments

  • In January 2024, Tate & Lyle PLC successfully defended its allulose syrup patent application claims against challenges from multiple organizations, with the Australian Patent Office issuing its final decision in favor of Tate & Lyle.
  • In December 2023, Tate & Lyle prolonged its partnership with the China Foundation for Rural Development to further improve children’s dietary habits and education on nutrition for another year.

Kerry-Group

Company Overview

Establishment Year1972
HeadquarterTralee, Kerry, Ireland
Key ManagementTom Moran (Chairman)
Revenue (US$ Bn)$ 9.2 Billion (2022)
Headcount~ 23,000 (2022)
Websitehttp://www.kerrygroup.com/

About Kerry Group

Kerry Group Plc. is a globally recognized provider of taste and nutrition solutions, offering a wide range of products, including food preservatives. Leveraging expertise and advanced technologies, Kerry develops tailored preservatives crucial for extending food shelf life, preventing microbial contamination, and maintaining quality standards.

Kerry’s dedication to excellence ensures compliance with strict regulations and meets global consumer expectations. With a worldwide presence and a focus on innovation, Kerry delivers top-quality preservative solutions to the food industry.

Geographical Presence

Kerry Group Plc. has a strong global presence, with operations in Europe, North America, Asia-Pacific, and Latin America. In Europe, it has significant operations in countries like Ireland, the United Kingdom, Germany, and the Netherlands.

In North America, Kerry Group serves clients across the United States and Canada, while also catering to the diverse markets of Asia-Pacific with locations in China, Japan, Australia, and Singapore. Additionally, the company has established a notable presence in Latin America, particularly in countries such as Brazil and Mexico.

Recent Developments

  • In December 2023, Kerry Group purchased a segment of Chr. Hansen Holding A/S and Novozymes A/S’s worldwide lactase enzyme business, subject to approval by the European Commission as part of the merger process involving Novozymes and Chr. Hansen.
  • In June 2023, Kerry introduced its latest Tastesense Advanced lineup, designed to revolutionize the low and zero-sugar product sector. This innovative range offers exceptional sweetness and rich texture while also providing sustainability advantages.

Corbion

Company Overview

Establishment Year1991
HeadquarterAmsterdam, Netherlands
Key ManagementOlivier Rigaud (CEO)
Revenue (US$ Bn)$ 1.5 Billion (2022)
Headcount~ 2700 (2022)
Websitehttp://corbion.com/

About Corbion

Corbion N.V. is a significant player in the food industry, offering diverse solutions, including food preservatives. Utilizing its expertise and advanced technologies, Corbion tailors preservative options to meet the unique requirements of food manufacturers. These preservatives play a vital role in extending food shelf life, preventing microbial contamination, and maintaining quality and safety standards.

Corbion’s commitment to excellence ensures that its preservative solutions meet stringent regulatory requirements and fulfill consumer needs. With a global presence and a focus on innovation, Corbion consistently provides top-quality preservative solutions to the food sector.

Geographical Presence

Corbion N.V., a key player in the biobased ingredients industry, boasts a global presence with operations spanning Europe, North America, and the Asia-Pacific region. Headquartered in Amsterdam, the company strategically positions itself in Europe with production facilities in the Netherlands, Spain, and the United Kingdom.

In North America, Corbion extends its reach with manufacturing sites in Kansas, Illinois, and Nebraska, tapping into the region’s vast market potential. Recognizing the growing demand for sustainable solutions in the Asia-Pacific market, Corbion has established facilities in Thailand and Indonesia.

Recent Developments

  • In September 2023, Corbion introduced AlgaPrime DHA P3 to meet the growing need for sustainable active nutrition in the pet food sector. This product provides pet food makers with increased levels of DHA while lessening reliance on limited traditional omega-3 sources.
  • In June 2023, Corbion initiated fermentation at its new North American site for in-house vinegar production. The recently acquired facility in Montgomery, Alabama, will enhance Corbion’s responsiveness and supply security while also providing opportunities for growth in the market, particularly in offering simplified labeling and nature-based ingredient solutions.
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Trishita Deb

Trishita Deb

Trishita has more than 7 years of experience in market research and consulting industry. She has worked in various domains including healthcare, consumer goods, and materials. Her expertise lies majorly in healthcare and has worked on more than 400 healthcare reports throughout her career.