According to Stratistics MRC, the Global Food Preservatives Market is valued at $2.38 billion in 2017 and is expected to reach $3.67 billion by 2026 growing at a CAGR of 4.9%.Growing demand for processed foods, changing lifestyle and increasing disposable income are the major factors driving the market. However factors such as growing health concerns on the safety of food additives, increasing costs of natural preservatives and stringent government regulations are hindering the market growth.

Food preservatives are used to prevent the growth of microbes like yeast, molds and bacteria, extend the shelf life of food products, preserve the flavour, maintain nutritional value of the quality, texture, consistency, taste, color, alkalinity or acidity of food products and decrease food spoilage. They are broadly classified as natural and synthetic.

Based on Function, antimicrobials segment is expected to have significant share due to growing demand for packed frozen products with extended shelf-life which resulted in overall growth. By Application, beverages segment registered steady growth during the forecast period owing to the increasing usage of food preservatives in alcoholic beverages like wine and beer. Asia Pacific is anticipated to be the fastest growing region during the forecast period due to increasing disposable income and changing food consumption pattern particularly in China and India.

Some of the key players in Global Food Preservatives market are BASF SE, Brenntag Solutions Group, Inc. , Akzo Nobel N.V., Prinova Group, LLC, Cargill, Incorporated, Chr. Hansen A/S,Dover Chemical Corporation, Hawkins Watts Limited, Tate & Lyle, Wanglong Celanese Corporation, Univar Inc., Kerry Group, Galactic, Danisco A/S, Cornion, DSM N.V. and Kemin Industries, Inc. .

Types Covered:

  • Natural food preservatives
  • Synthetic Preservative
  • Other Types

Functions Covered:

  • Antioxidants
  • Antimicrobials
  • Other Functions

Applications Covered:

  • Bakery and confectionery
  • Beverages
  • Dairy & frozen products
  • Meat
  • Oils & fats
  • Poultry & sea food
  • Sweet and savoury snacks
  • Sauces dressings and condiments
  • Cereals
  • Canned and preserved food
  • Other Applications

Regions Covered:

  • North America
  • ·US
  • ·Canada
  • ·Mexico
  • Europe
  • ·Germany
  • ·UK
  • ·Italy
  • ·France
  • ·Spain
  • ·Rest of Europe
  • Asia Pacific
  • ·Japan
  • ·China
  • ·India
  • ·Australia
  • ·New Zealand
  • ·South Korea
  • ·Rest of Asia Pacific
  • South America
  • ·Argentina
  • ·Brazil
  • ·Chile
  • ·Rest of South America
  • Middle East & Africa
  • ·Saudi Arabia
  • ·UAE
  • ·Qatar
  • ·South Africa
  • ·Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements