Food preservatives Market | Asia Pacific Industry Size, Share and Key Growth Drivers
Asia-Pacific Food Preservatives market by Type (Natural, Synthetic), by Function (Antimicrobials, Antioxidants, Chelating and enzyme inhibitors)
(EMAILWIRE.COM, February 08, 2018 ) The Asia-Pacific Food Preservatives market has been estimated at USD 0.72 Billion in 2016 and is projected to reach USD 0.92 Billion by 2021, at a CAGR of 4.98% during the forecast period from 2016 to 2021. Food preservatives is an aid which has enabled to increase the shelf-life of food products and has helped in obtaining functional properties suitable for a wider range of industrial applications in food industries. They are added to the food item to prevent microbial growth. Also, they extend the shelf-life and enhance the taste.
Growth of demand for food preservatives in Asia-Pacific region is mainly due to changing lifestyle of people which is increasing the consumption of processed foods, which require food preservatives for long shelf life. The market is also driving due to increased demand for organic foods which require different kind of preservatives. But, the market growth is constrained due to stringent regulations by government over the pricing and also due to consumer awareness about the ill-effects of synthetic preservatives.
Browse market data tables and in-depth TOC of the Asia-Pacific Food Preservatives Industry to 2021 @ http://marketdataforecast.com/market-reports/asia-pacific-food-preservatives-market-535/
Asia-Pacific market for food preservatives are segmented into Type, Function and Application. Each of these segments are further sub segmented as follows Type: Natural and Synthetic; Function: Antimicrobials, Antioxidants, Chelating and enzyme inhibitors; Application: Beverages, Oils & fats, Bakery, Dairy & frozen products, Snacks, Meat, poultry, & seafood products, Confectionery, Other applications. Benzoic acid and Sodium benzoate are the most preferred preservatives, followed by sorbates. Sea food products, processed meat and poultry consume the major share of Asia-Pacific food preservatives market. Beverage industry is the major consumer for preservatives, followed by meat industry.
Geographically, Asia-Pacific market for food preservatives is segmented into China, India, Japan, South Korea and Australia. The Asia-Pacific market is growing extremely with higher growth rate during the forecast period. With India being the worlds second largest food producer after China, there is a great potential for emerging markets in this regions, with global companies entering into the markets.
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Major companies are partnering with diverse set of suppliers to boost their markets. BASF SE, Cargill Incorporated, Celanese Corporation are the major players in the Asia-Pacific market. Other important companies include Chr. Hansen A/S, Kerry Group, Koninklijke DSM N.V, The Archer Daniels Midland Company, Corbion N.V., DuPont and JEYS F.I. Inc.
Market Segmentation
1) By Type
Natural
Synthetic
2) By Function
Antimicrobials
Antioxidants
Chelating and enzyme inhibitors
3) By Application
Beverages
Oils & fats
Bakery and Confectionery products
Dairy & frozen products
Snacks
Meat products
Poultry products
Seafood products
Other food applications
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About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Growth of demand for food preservatives in Asia-Pacific region is mainly due to changing lifestyle of people which is increasing the consumption of processed foods, which require food preservatives for long shelf life. The market is also driving due to increased demand for organic foods which require different kind of preservatives. But, the market growth is constrained due to stringent regulations by government over the pricing and also due to consumer awareness about the ill-effects of synthetic preservatives.
Browse market data tables and in-depth TOC of the Asia-Pacific Food Preservatives Industry to 2021 @ http://marketdataforecast.com/market-reports/asia-pacific-food-preservatives-market-535/
Asia-Pacific market for food preservatives are segmented into Type, Function and Application. Each of these segments are further sub segmented as follows Type: Natural and Synthetic; Function: Antimicrobials, Antioxidants, Chelating and enzyme inhibitors; Application: Beverages, Oils & fats, Bakery, Dairy & frozen products, Snacks, Meat, poultry, & seafood products, Confectionery, Other applications. Benzoic acid and Sodium benzoate are the most preferred preservatives, followed by sorbates. Sea food products, processed meat and poultry consume the major share of Asia-Pacific food preservatives market. Beverage industry is the major consumer for preservatives, followed by meat industry.
Geographically, Asia-Pacific market for food preservatives is segmented into China, India, Japan, South Korea and Australia. The Asia-Pacific market is growing extremely with higher growth rate during the forecast period. With India being the worlds second largest food producer after China, there is a great potential for emerging markets in this regions, with global companies entering into the markets.
Free sample of the report is available @ http://marketdataforecast.com/market-reports/asia-pacific-food-preservatives-market-535/request-sample
Major companies are partnering with diverse set of suppliers to boost their markets. BASF SE, Cargill Incorporated, Celanese Corporation are the major players in the Asia-Pacific market. Other important companies include Chr. Hansen A/S, Kerry Group, Koninklijke DSM N.V, The Archer Daniels Midland Company, Corbion N.V., DuPont and JEYS F.I. Inc.
Market Segmentation
1) By Type
Natural
Synthetic
2) By Function
Antimicrobials
Antioxidants
Chelating and enzyme inhibitors
3) By Application
Beverages
Oils & fats
Bakery and Confectionery products
Dairy & frozen products
Snacks
Meat products
Poultry products
Seafood products
Other food applications
Inquire before Buying @ http://marketdataforecast.com/market-reports/asia-pacific-food-preservatives-market-535/inquire
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact Information:
Market Data Forecast
Abhishek
Tel: +1-888-702-9626
Email us
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Market Data Forecast
Abhishek
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results