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Food Preservatives Market Worth 2.94 Billion USD by 2021


News provided by

MarketsandMarkets

26 Aug, 2016, 14:30 BST

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PUNE, India, August 26, 2016 /PRNewswire/ --

The report "Food Preservatives Market by Type (Natural and Synthetic), Function (Antimicrobials and Antioxidants), Application (Oil & Fat, Bakery, Dairy & frozen, Snack, Meat, Poultry & Seafood, Confectionery, and Beverage), and by Region - Global Forecast to 2021", The market is projected to reach a value of USD 2.94 Billion by 2021 at a CAGR of 2.5%.

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Browse 158 market data Tables and 49 Figures spread through 235 Pages and in-depth TOC on "Food Preservatives Market"

http://www.marketsandmarkets.com/Market-Reports/food-preservatives-market-420.html

Early buyers will receive 10% customization on this report. 

The market is driven by factors such as demand for convenience food products & foods with longer shelf-life, and the increased usage of natural preservatives in meat & poultry in North America and Europe. The high growth potential in the emerging markets and untapped regions provides new growth opportunities for market players.

The antimicrobials segment is the fastest-growing segment in the Food Preservatives Market by function during the forecast period 2016-2021 

Sorbates, having many applications such as dairy and frozen foods, snack and convenience foods, and others, have the largest share in the global food artificial antimicrobials market, followed by benzoates. Demand for processed foods is one of the drivers behind the growth of global sorbates antimicrobial market and because of such demands in the food industry, the application of sorbates in food & beverages is considered to remain strong.

The synthetic food preservatives segment has the largest market in the food preservatives industry 

Benzoates, sorbates, and propionates are amongst the most used synthetic preservatives and are broad-spectrum agents with applications across various food product categories. The primary intention behind the usage of synthetic additives is the safety and quality of the product for consumption, in terms of improved appearance and extended shelf-life. Currently, synthetic preservatives seem to be the best and most feasible option to be used as food preservatives, considering the costs associated with natural preservatives.

Significant growth for food preservatives is observed in the Asia-Pacific region 

With the emerging economies, growing industrialization, increasing demand for processed foods, and consumer preference for quality products, ingredient suppliers are becoming increasingly optimistic about the growth of the food & beverage industry in the Asia-Pacific region. In this region, the high demand for convenience foods has implications on the preservatives categories required to maintain freshness in products and also other artificial ingredients and fat replacers. The international food additives market, which was earlier dominated by the large regions such as North America and Europe, is now witnessing emergence in the Asian markets, and therefore this region has proven to be a promising market for the growth of the food preservatives industry.

Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=420

Food Preservatives Market report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as Akzo Nobel N.V. (Netherlands), Danisco A/S (Denmark), Cargill, Incorporated (U.S.), Univar Inc. (U.S.), and Koninklijke DSM N.V (Netherlands).

Browse related reports: 

Food Emulsifiers Market by Type (Mono-, Di-Glycerides, Lecithin, Sorbitan Esters, Stearoyl Lactylates & Polyglycerol Esters), Application (Bakery, Confectionery, Convenience & Dairy, Meat), Source (Plant & Animal), & by Region - Global Trend & Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/food-emulsifiers-market-972.html

Food Coating Ingredients Market by Type (Cocoa, Chocolate, Fat, Oil, Salt, Spices, Flour, Batter, Starch, Hydrocolloid, Sugar), Application (Bakery, Confectionery, Cereal, Dairy, Snacks, Fruit, Vegetable, Meat) & Region - Global Trend & Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/food-coating-ingredients-market-168532529.html

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


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SOURCE MarketsandMarkets

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