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Food Preservatives Market Share, Growth, Region Wise Analysis of Top Players, Application and Forecasts by 2023

According to a new report published by Allied Market Research, titled, "Food Preservatives Market by Type, Function, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the food preservatives market was valued at $2,271 million in 2016, and is projected to reach $2,714 million by 2023, growing at a CAGR of 2.6% from 2017 to 2023. Asia-Pacific is one of the prominent consumers of food preservatives, accounting for nearly one-third of the total market in 2016.

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Food Preservatives Market Share, Growth, Region Wise Analysis of Top Players, Application and Forecasts by 2023

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  1. Food Preservatives Market Opportunities and Forecasts, 2017-2023

  2. Food Preservatives Market Food Preservatives Market Overview: Global Food Preservatives Market was valued at $2,271 million in 2016, and is expected to reach $2,714 million by 2023, registering a CAGR of 2.6% from 2017 to 2023. Food preservation is the process of treating food with preservatives to stop or slow down spoilage caused by microorganisms such as bacteria, fungi, and others and increases the shelf life of food. It involves restricting the oxidation of fats, which causes rancidity. At present, most people prefer ready-to-eat food available in the market rather than preparing it at home. These foods contain various additives and preservatives to maintain the quality and to reduce the spoilage by various microorganisms, which is expected to surge the demand for food preservatives in the near future. The health hazards associated with these food preservatives are expected to restrain the market growth during the forecast period. Benzoates cause nausea and diarrhea, whereas saccharin is expected to lead to toxic reactions that affect the gastrointestinal tract and heart. Similarly, sodium chloride leads to high blood pressure, stroke, kidney failure, and heart attack. Request to sample- https://www.alliedmarketresearch.com/request-sample/2277

  3. Food Preservatives Market • Food Preservatives Market Key Segments: • By Type • Natural • Sugar • Salt • Vinegar • Honey • Alcohol • Edible Oil • Nicin • Rosemary Extracts • Onion • Natamycin By Function Antimicrobials Antioxidants Others. By Application Bakery Meat, Poultry, and Seafood Oils & Fats Dairy & Frozen Foods Snacks Confectionery Beverages Others • SyntheticSorbates • Sorbic Acid • Potassium Sorbate • Benzoates • Benzoic Acid • Sodium Benzoate • Propionates • Propionic Acid • Sodium Propionate • Calcium Propionate

  4. Food Preservatives Market • By Geography • North America • U.S. • Canada • Mexico • Europe • UK • Germany • France • Spain • Italy • Rest of Europe • Asia-Pacific • China • Japan • India • Korea • Australia • Rest of Asia-Pacific • LAMEA

  5. Food Preservatives Market Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/request-sample/2277 Follow Us On

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