Food Preservatives market will take Lead with Massive Gross Margin by 2022
Food Preservatives market by Type (Natural, Synthetic), by Function (Antimicrobials, Antioxidants, Chelating and enzyme inhibitors)
(EMAILWIRE.COM, February 16, 2018 ) The Global Food Preservatives market has been estimated at USD 3.15 Billion in 2016 and is projected to reach USD 3.69 Billion by 2021, at a CAGR of 3.2% during the forecast period from 2016 to 2021.
Preservatives are the substances that are added products like pharmaceuticals, biological samples and food to prevent decomposition by microbial growth or by undesirable chemical changes. Food preservatives reduce the risk of food borne infections, decrease microbial spoilage and preserve nutritional quality.
Increase in population and change in food consumption habit is driving the demand in market for various segments of food and beverage industry, which in turn, is driving the market for food preservatives. Expanding processed foods market and penetration of organized retail sector are also major factors contributing to the market growth. Increase in consumer awareness on the ill effects of chemical preservatives is driving the market for natural preservatives. Increase in consumer awareness on the ill effects of synthetic ingredients, stringent government policies and intervention regarding the usage of chemical preservatives is restricting the growth of the global food preservatives market. Also, rising consumer preference for ‘natural preservatives’ is increasing R&D spending on the market.
Browse market data tables and in-depth TOC of the Global Food Preservatives Industry to 2021 @ http://www.marketdataforecast.com/market-reports/global-food-preservatives-market-532/
Global market for food preservatives are segmented on the basis of 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 global food preservatives market. Beverage industry is the major consumer for preservatives, followed by meat industry.
Geographically Global market for food preservatives is segmented into North America, Asia Pacific, Europe, Latin America, and Middle-East and Africa. Global food preservatives market is dominated by North America with a share of 33%, while the Asia-Pacific region is growing at the highest CAGR.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/global-food-preservatives-market-532/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 Global 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 JEY’S 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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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.
Preservatives are the substances that are added products like pharmaceuticals, biological samples and food to prevent decomposition by microbial growth or by undesirable chemical changes. Food preservatives reduce the risk of food borne infections, decrease microbial spoilage and preserve nutritional quality.
Increase in population and change in food consumption habit is driving the demand in market for various segments of food and beverage industry, which in turn, is driving the market for food preservatives. Expanding processed foods market and penetration of organized retail sector are also major factors contributing to the market growth. Increase in consumer awareness on the ill effects of chemical preservatives is driving the market for natural preservatives. Increase in consumer awareness on the ill effects of synthetic ingredients, stringent government policies and intervention regarding the usage of chemical preservatives is restricting the growth of the global food preservatives market. Also, rising consumer preference for ‘natural preservatives’ is increasing R&D spending on the market.
Browse market data tables and in-depth TOC of the Global Food Preservatives Industry to 2021 @ http://www.marketdataforecast.com/market-reports/global-food-preservatives-market-532/
Global market for food preservatives are segmented on the basis of 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 global food preservatives market. Beverage industry is the major consumer for preservatives, followed by meat industry.
Geographically Global market for food preservatives is segmented into North America, Asia Pacific, Europe, Latin America, and Middle-East and Africa. Global food preservatives market is dominated by North America with a share of 33%, while the Asia-Pacific region is growing at the highest CAGR.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/global-food-preservatives-market-532/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 Global 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 JEY’S 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://www.marketdataforecast.com/market-reports/global-food-preservatives-market-532/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