Global processed food and beverage preservatives market is expected to grow with a CAGR of X% on the Back of Synthetic Products over the forecast period of 201X-202X
A recent report published by Precision Business Insights on processed food and beverage preservatives market provides an in-depth analysis of segments and sub-segments in global as well as regional processed food and beverage preservatives market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional processed food and beverage preservatives market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global processed food and beverage preservatives market. According to the report the global processed food and beverage preservatives market is projected to grow at a CAGR of X% over the forecast period of 201X-202X.
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Processed Food & Beverage Preservatives: Preservatives are chemicals that are added in food and beverage applications to preserve the freshness of the food or beverages items. Preservatives protect food against spoilage from mold, yeast, life-threatening botulism and other organisms that can cause food poisoning. They prevent potential damage from oxidation, rancidity, microbial growth or other undesirable changes. The preservatives enable to increase the shelf-life of products by protecting them against deterioration caused by microorganisms. Food preservation is considered to be the oldest technology used in the food processing by using various methods such as dehydration, smoking, and heating.
Processed Food & Beverage Preservatives Market: The key element driving the global processed food and beverages preservatives market is the changing eating habits of people worldwide. (the adoption of ready-to-use food) With rising globalization and lowering of regulatory hurdles to trade in different nations, multinational food and beverage companies have penetrated to every corner of the planet. This has not just changed the eating habits of people, but also given rise to local players in the processed food and beverages market, which in turn has stoked the processed food and beverages preservatives market.
Competition Assessment: Processed Food & Beverage Preservatives Market
Some of the players in the global processed food & beverage preservatives market include:
• Ningbo Pangs Chem Int’l Co., Ltd. (China)
• Ecochem Group Co., Ltd. (China)
• Celanese Corporation (U.S)
• Koninklijke DSM N.V. (Netherlands)
• I. du Pont de Nemours and Company (U.S)
• Kerry Group Plc (Ireland)
• Shanghai Ruidian Trading Development Co. (China)
• Hawkins Watts Limited (Australia)
• Cargill, Incorporated (U.S)
• Innophos Holdings Inc (U.S)
• Kemin Industries, Inc. (U.S)
• Akzo Nobel N.V. (Netherlands)
• Albemarle Corporation (U.S)
• Naturalin Bio-Resources Co., Ltd (China)
Precision Business Insights (PBI) in its report titled “Processed Food & Beverage Preservatives Market”: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 20XX-20XX and Forecast 20XX-20XX” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast.
Market Scope: Processed Food & Beverage Preservatives Market
Processed food & beverage preservatives market is segmented based on the product type, function, form, and application
Based on the product type, the market is segmented into the following:
• Natural
• Synthetic
Based on the function, the market is segmented into the following:
• Antimicrobials
• Chelating Agents
• Antioxidants
Based on the form, the market is segmented into the following:
• Solid
• Liquid
Based on the application, the market is segmented into the following:
• Bakery
• Confectionery
• Dairy
• Beverages
• Meat
• Fats and Oils
• Frozen Food
• Others
Regional Analysis: Processed Food & Beverage Preservatives Market
Geographically, global processed food & beverage preservatives market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America processed food & beverage preservatives market led by U.S., owing to its higher demand for ready-to-use food associated with busy lifestyle. Europe processed food & beverage market is anticipated to expand at robust growth rates due to high consumption of processed foods across the region.
The Asia Pacific processed food & beverage preservatives market is expected to grow exponentially in the forecasted period owing to changes in dietary habits, increased urbanization, and rising purchasing power of the consumer. Middle East Processed Food & Beverage Preservatives market is expected to show a prominent growth over the forecast period due to increased awareness, change in life styles, limited agriculture has led to a rapid increase in the processed food & beverage preservatives market.
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