Food Preservatives Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28

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Global Food Preservatives Market Research Report:

The latest report by IMARC, titled “ FoodPreservativesMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandForecast20 23-2028

” the global food preservatives market is expected to grow at a CAGR of 4.4% during 2023-2028.

Food preservatives are defined as the specialized chemical ingredients or extracts added to the food products during their production to protect them from bacteria, microorganisms, spoilage and contamination.

The addition of these substances helpsin improving the shelf life and retains the nutritional valueof the food. Preservatives are also used to prevent changes in color, taste, or texture and delay the oxidization process in food.

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Global Food Preservatives Market Trends:

The escalating demand for convenient and ready to eat (RTE) food items across the globe represents one of the key factors driving the food preservatives market growth. This can be attributed to busy lifestyles led by the majority of the working population. Moreover, due to rising health awareness, consumers are choosing food items that have clean label ingredients and longer shelf life.

This, in turn, is driving the demand for natural food preservatives to keep the food free from artificial chemicals, which is acting as another significant growth-inducing factor. The market is further driven by the growing awareness regarding hygienicallypacked food products. Other factors, such as the rising demand forflavor enhancers in the bakery sector and the increasing consumer expenditure capacities, are creating a positive outlook for the market further.

Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

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MarketSummary:

BreakupbyType:

• Natural

• Edible Oil

• Rosemary Extracts

• Natamycin

• Vinegar

• Others

• Synthetic

• Propionates

• Sorbates

• Benzoates

• Others

BreakupbyFunction:

• Anti-Microbial

• Anti-Oxidant

• Others

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BreakupbyApplication:

• Meat and Poultry

• Bakery

• Dairy

• Beverages

• Snacks

• Others

BreakupbyRegion:

• North America

• United States

• Canada

• Asia-Pacific

• China

• Japan

• India

• South Korea

• Australia

• Indonesia

• Others

• Europe

• Germany

• France

• United Kingdom

• Italy

• Spain

• Russia

• Others

• Latin America

• Brazil

• Mexico

• Others

• Middle East and Africa

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CompetitiveLandscapewithKeyPlayers:

• Albemarle Corporation

• Archer Daniels Midland Company

• BASF SE

• Cargill Incorporated

• Celanese Corporation

• Corbion N.V.

• Dupont De Nemours Inc.

• Galactic S.A.

• Jungbunzlauer Suisse AG

• Kemin Industries Inc.

• Koninklijke DSM N.V.

• Tate & Lyle PLC

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