Chemical Preservatives Market
The market for Chemical Preservatives was estimated at $3.9 billion in 2024; it is anticipated to increase to $5.4 billion by 2030, with projections indicating growth to around $7.2 billion by 2035.
Global Chemical Preservatives Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Chemical Preservatives industry revenue is expected to be around $4.1 billion in 2025 and expected to showcase growth with 5.7% CAGR between 2025 and 2034. Their presence in items such as food and drinks upholds product quality and safety while also contributing to cost efficiency across sectors, like personal care products and pharmaceuticals. They play a role in extending shelf life and ensuring the durability of products we rely on daily for our well being and comfort.
Preservatives made to stop food from going play a crucial role in keeping products fresh for longer without causing any fuss, about it. Their ability to fight off bacteria and viruses has led to their use in various fields.
Market Key Insights
- The Chemical Preservatives market is projected to grow from $3.9 billion in 2024 to $6.8 billion in 2034. This represents a CAGR of 5.7%, reflecting rising demand across Food Industry Preserving, Personal Care and Cosmetics Preserving and Pharmaceutical Preserving.
- BASF SE, DowDuPont Inc, Celanese Corporation are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Chemical Preservatives market and are expected to observe the growth CAGR of 3.7% to 5.5% between 2024 and 2030.
- Emerging markets including Vietnam, Turkey and Malaysia are expected to observe highest growth with CAGR ranging between 6.6% to 7.9%.
- Transition like Transition to Natural Preservatives has greater influence in United States and China market's value chain; and is expected to add $140 million of additional value to Chemical Preservatives industry revenue by 2030.
- The Chemical Preservatives market is set to add $2.9 billion between 2024 and 2034, with manufacturer targeting Inorganic Salts & Chelating Agents Type projected to gain a larger market share.
- With Increasing demand in the food industry, and Advancements in cosmetic formulations, Chemical Preservatives market to expand 74% between 2024 and 2034.