16 July 2019
Visiongain has launched a new food & beverage report: Food Preservatives Market Report 2019-2029: Forecasts by Product Type (Natural (Edible Oil, Rosemary Extracts Natamycin, Vinegar, Others, Synthetic (Propionates, Sorbates, Benzoates, Others), by Application (Meat & Poultry Products, Bakery Products, Dairy Products, Beverages, Snacks and Others), by Function (Anti-microbial, Anti-oxidant, Others) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis.
The global Food Preservatives Market is anticipated to experience moderate growth over the forecast period. Demand for food products with an extended shelf life is one of the factors primarily driving the growth of the global food preservatives market. Further, the easy availability of selected products through e-commerce distribution channels combined with the demand for natural and organic food products are also contributing to the revenue growth in the global food preservative market.
Based on the food preservative product type, synthetic is expected to hold the highest market and is expected to remain dominant over the forecast period. However, natural food preservative products are projected to expand with the highest CAGR over the forecast period. Further, by application meat & poultry products hold the largest market share in 2019. By region, North America holds the largest market share in the global food preservative market.
Major companies operating in the global Food Preservatives market are Cargill, Inc., Kemin Industries Inc., Archer Daniels Midland Company, Tate & Lyle Plc, Koninklijke DSM N.V., Akzo Nobel N.V., BASF SE, Celanese Corporation, Corbion N.V., and Galactic S.A.
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