Global Food Preservatives Market expands with the rising need for extended shelf life of foods

1. North America dominates the Global Food Preservatives Market Global Food Preservatives Market to reach around USD 3 billion by 2025 Global Food Preservatives Market expands with the rising need for extended shelf life of foods Market overview: The global food preservative market is expected to grow at an annual average of 3% from US$ 2.6 billion in 2018 to US$ 2.9 billion by 2025. Food preservation is the process of treating food with preservatives and increasing life of food to prevent or delay the breakdown by microorganisms such as bacteria and fungi. Recent developments: BASF SE cooperated with China's state-owned SINOPEC to expand production capacity and comply with China's strict safety standards. In May 2016, Kemin opened a new quality control laboratory, warehouse and logistics office in Belgium. This allowed the company to add value to the product to better serve its customers. Market Drivers and Restraints: Food preservatives are integrated products to increase product stability during food processing and to prevent corruption. They are added in small quantities to various types of foods as needed. Traditionally, salt, sugar and spices have been used to preserve meat and other kinds of food. The need for preservatives imposes a growing demand for food additives and ingredients that limit the development of fungi, bacteria and other microorganisms. This is the primary growth engine for the world food preservatives market. This preservative extends the shelf life and protects the natural properties of food. Due to the busy lifestyle, people tend to choose prepared meals. The global food preservatives market is booming as consumer preference for ready-to-eat foods increases. In addition, preservatives have been added to improve the taste, color and texture of food. However, health-related threats associated with food preservatives can limit the overall growth of the food preservative market during the forecast period. To know more read: https://www.marketdataforecast.com/market-reports/global-food-preservatives-market Report Segmented as: The global food preservatives market is divided into natural and synthetic by type. Natural preservatives occur naturally with excellent preservation quality, such as salt, sugar, alcohol and vinegar, which are used to make juices, jams and pickles. According to its function, the global food preservative market includes antimicrobials and antioxidants. Antimicrobial preservatives and antioxidants jointly dominated the world market for food preservatives.

2. The food preservative market includes meat, poultry and seafood, beverages, dairy and frozen foods, and bakery, depending on the application. Geographical Segmentation: North America currently dominates the global food preservatives market. Busy lifestyles and need for a long lifespan of meals led to an increase in the demand for processed foods, supporting the lead of North America food preservatives market. The Asia-Pacific is expected to be the fastest-growing region, with an average annual growth of 4.9% during the forecast period. The area has a market share of above 29% in terms of sales, and the trend is likely to continue during the forecast period. Key market players: The main players in the global food preservatives market include Archer Daniels Midland, Edlong Flavors, Kerry Group, Cargill, Ajinomoto, ABF Ingredients, Albemarle Corporation, Celanese Corporation, Brenntag and Purac Biochem. View sample and decide: https://www.marketdataforecast.com/market-reports/global-food-preservatives- market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well- informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information:

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