High demand for processed food and increasing awareness about food safety is driving the global food preservatives market currently. Synthetic is the fastest growing segment of the global food preservatives market. Presently, healthy eating trends and preferences for quality food are fuelling the demand for food preservatives globally.
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Market Value and Forecast
The global food preservatives market is anticipated to expand at a high CAGR in terms of value during the forecast period. Rise in the number of food borne diseases is driving the growth of the food preservatives market as preservatives are needed to maintain the overall quality of the food products and to increase their shelf life.
Being perishable, food items need to be stored by adding preservatives, which reduce the chance of bacterial and microbial growth. Increase in food borne diseases, such as diarrhea, stomach flu, vomiting, abdominal pain, and botulism, among others, is driving the growth of food preservatives currently.
Growth of the global food preservatives market is majorly driven by increasing demand for food products with extended shelf life. In addition, widening distribution channels and increasing demand for natural and organic food are some of the other factors contributing towards the market growth. High demand for processed foods and increasing awareness about food safety is driving the global food preservatives market currently. Synthetic is presently the fastest growing segment of the global food preservatives market. Healthy eating trends and preferences for quality food are fuelling the demand for food preservatives globally.
Key vendors identified across the value chain of the global food preservatives market include: BASF SE, Cargill Incorporated, Celanese Corporation, Chr. Hansen A/S, Corbion N.V., DuPont, JEY’S F.I. Inc, Kerry Group, Koninklijke DSM N.V and The Archer Daniels Midland Company. The companies are focusing on developing new products and improving the quality of their existing products through research and development activities. Besides, these companies are focusing on geographical expansion in order to gain a competitive advantage.
Key Segments Covered
- Food Preservatives Market
- By Product Segment
- By Function Segment
- By Application
- Dairy and milk products
- Meat, poultry and sea food products
- Bakery products
- Beverages products
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Table Of Content
1.1 Report Description
1.2 Market segmentation
1.2.1 Food preservatives market segmentation, type and geography
1.3 Research scope
1.4 Research Methodology
2 Executive Summary
2.1 Global food preservatives market revenue, 2013 – 2020 (USD Million)
2.2 Global Food Preservatives Market Snapshot
3 Food Preservatives Market – Industry Analysis
4 Food Preservatives Market- Product Segment Analysis
4.1 Global food preservative market, by product type: Overview
5 Food Preservatives Market – Function Segment Analysis, 2013-2020
5.1 Global food preservative market, function segment: Overview
6 Food Preservatives Market- Application Analysis, 2013 – 2020