IMARC Group has recently published a new research study titled “Food Preservatives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand current and future market scenarios.
What are the growth prospects of the Food Preservatives industry?
The size of the global food preservatives market reached USD 2.8 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$ 3.6 billion by 2027exhibiting a growth rate (CAGR) of 4.6% during 2022-2027.
What is a food preservative?
Food preservatives refer to chemicals that are added to beverages and processed foods to prevent the growth and spoilage, contamination, and spoilage of harmful microorganisms in the ingredients. Vinegar, sugar, salt, nitrites, citric acid, calcium propionate, etc., are some of the most used preservatives. They help reduce waste, ensure safety, improve supply, and extend the shelf life of food.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What are the main market drivers in the food preservatives Market?
The high preferences for hygienically packaged food products with the growing concern to maintain health and hygiene standards are mainly driving the demand for products globally in processed foods such as bread, snacks, cheese, yogurt, sauces, cold cuts, etc. per capita income levels, coupled with hectic work schedules and sedentary lifestyles, have led to a growing demand for ready-to-eat (RTE) foods. Additionally, the increasing popularity of organic preservatives and clean label ingredients among health conscious consumers is acting as another growth inducing factor. In addition, the emergence of natural, soluble, and non-toxic product variants that help preserve the natural color, nutritional value, freshness, and texture of food is further catalyzing market growth.
Read the full report with table of contents: https://bit.ly/3s4pQDU
The report has segmented the market into the following categories:
Breakdown by type:
- Edible oil
- rosemary extracts
Breakdown by function:
Breakdown by application:
- meat and poultry
- Dairy products
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)
List of Major Key Players:
- Albemarle Corporation
- Archer Daniels Midland Company
- cargill incorporated
- Celanese Corporation
- Corbion N.V.
- dupont de nemours inc.
- galactic SA
- Jungbunzlauer Switzerland AG
- Kemin Industries Inc.
- Koninklijke DSM NV
- Tate & Lyle PLC.
Key highlights from the report:
- Market performance (2016-2021)
- Market Outlook (2022-2027)
- market trends
- Market drivers and success factors
- Impact of COVID-19
- Analysis of the value chain
- Comprehensive mapping of the competitive landscape
Check before buying: https://www.imarcgroup.com/request?type=report&id=3642&flag=F
As the novel coronavirus (COVID-19) crisis grips the world, we continually follow changes in the markets, as well as global consumer industry behaviors and our estimates on the latest market trends and forecasts. they are made after considering the impact of this pandemic.
If you want the most recent primary and secondary data (2022-2027) with cost module, business strategy, distribution channel, etc. Click request a free sample report, the published report will be emailed to you in PDF format within 24-48 hours of receipt. full payment.
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IMARC Group is a leading market research company providing market research and management strategy around the world. We partner with clients across industries and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include important market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the pinnacle of the company’s expertise.
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