August 18, 2020: Corbion NV announced that it has been granted a European patent for its fruit ferments that can be used across a wide range of food applications.
Author Credits: Parul Atri
Report ID: 3112
Published Date: Sep 03, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
In the year 2024, the industry size of fruit preservatives is estimated at USD 280.25 million.
Fruit Preservatives Market size was valued at USD 272.4 million in 2023 and is likely to reach USD 431.4 million by 2036, registering around 3.6% CAGR during the forecast period i.e., between 2024-2036. The growing awareness for fruit preservatives, along with the rise in trade for fruits and fruit products worldwide will boost the market growth.
North America is set to hold largest revenue share by 2036, on the back of growing demand from consumers for fruits along with the rising demand for ready to eat fruits.
The major players in the market are Kemin Industries, Inc., Corbion N.V., Kerry Inc., Galactic SA/NV, DuPont de Nemours, Inc., Archer Daniels Midland Company (ADM), Apeel Sciences, DSM, Cargill, Incorporated, and others.