Top 10 Food Preservative Manufacturers in the World by Revenue
1. BASF SE
BASF SE is a German multinational chemical company and one of the leading food preservative manufacturers in the world. The company offers a wide range of preservatives for food and beverage applications, including antioxidants, antimicrobials, and stabilizers. In 2020, BASF reported a revenue of approximately $66 billion, making it the top player in the industry.
2. DuPont Nutrition & Biosciences
DuPont Nutrition & Biosciences is another major player in the food preservative market, known for its innovative solutions in food safety and preservation. The company reported a revenue of around $6 billion in 2020, solidifying its position as one of the top manufacturers in the industry.
3. ADM (Archer Daniels Midland)
ADM is a global leader in food processing and ingredient solutions, including food preservatives. The company’s revenue in 2020 was approximately $64 billion, with a significant portion coming from its preservative products.
4. Kerry Group
Kerry Group is an Irish multinational food ingredients company that offers a range of preservatives for the food industry. The company reported a revenue of around $7 billion in 2020, showcasing its strong presence in the market.
5. Cargill, Incorporated
Cargill is an American privately held corporation that provides food, agriculture, financial, and industrial products and services. The company reported a revenue of approximately $114 billion in 2020, with a portion of it coming from its food preservative business.
6. Kemin Industries
Kemin Industries is a global ingredient manufacturer that specializes in improving the quality, safety, and efficacy of food, feed, and health-related products. The company’s revenue in 2020 was around $1 billion, with a significant portion attributed to its food preservative segment.
7. Corbion
Corbion is a Dutch company that specializes in biobased food ingredients, including preservatives. The company reported a revenue of approximately $1 billion in 2020, highlighting its position as a key player in the food preservative market.
8. Celanese Corporation
Celanese Corporation is a global chemical and specialty materials company that offers innovative solutions for various industries, including food preservation. The company’s revenue in 2020 was around $6 billion, with a portion of it coming from its preservative products.
9. Koninklijke DSM N.V.
DSM is a Dutch multinational corporation that produces health, nutrition, and materials. The company’s revenue in 2020 was approximately $10 billion, with a significant portion attributed to its food preservative business.
10. Galactic
Galactic is a Belgian biotechnology company that specializes in natural food ingredients and preservatives. The company reported a revenue of around $300 million in 2020, showcasing its presence in the food preservative market.
In conclusion, these top 10 food preservative manufacturers play a significant role in ensuring food safety and quality around the world. With their innovative solutions and strong financial performance, they continue to drive the growth of the food preservative industry.