Food Preservatives Market Competitive Analysis 2019: Cargill, DowDuPont, DSM, Univar, Kemin Industries, , Akzo Nobel N.V., Galactic s.a., Chr. Hansen Holding A/S, Brenntag AG, Celanese, Albemarle Corporation

According to this study, the Food Preservatives Market report offers the up-to-date industry information and enterprise future developments, allowing you to recognize the goods and end customers driving sales increase and profitability. This Food Preservatives Market report consists of the forecasts up to 2023, analysis and dialogue of important enterprise developments, market length, market share estimates and profiles of the leading industry players.

The global food preservatives market has witnessed significant growth over the last few years. The growth of the global food preservatives market is anticipated to be driven by various factors. With rapid urbanization and growing population, the production of convenience food has increased. Owing to the fast-paced lifestyle of the consumers, demand for ready-to-eat food products has also increased. Additionally, increase in disposable income has led to increased demand for food products whose preparation is less time-consuming.

The leading market players in the global Food Preservatives Market primarily are:

• Cargill
• DowDuPont
• DSM
• Univar
• Kemin Industries
• Akzo Nobel N.V.
• Galactic s.a.
• Chr. Hansen Holding A/S
• Brenntag AG
• Celanese
• Prinova Group
• Tate & Lyle Ventures
• Hawkins Watts New Zealand
• Albemarle Corporation

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Growth in the convenience food sector is directly supporting the growth of the food preservatives market. Food preservatives have a major role in “on-the-go” convenience foods to reduce the risk of microbial spoilage. They are one of the vital additives used in processed food products to stabilize their shelf-life.

The reports also cover country-level analysis:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K
o France
o Italy
o Russia
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Australia
o ASEAN Countries
o Rest of Asia-Pacific
• Rest of the World
o Latin America
o Middle East
o Africa

This report focuses on the Food Preservatives in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Regional Analysis

As per RFM analysis, the global food preservatives market is segmented into North America, Europe, Asia-Pacific, and Rest of the world. North America is projected to retain its dominance throughout the forecast period, owing to the rise in the usage of food preservatives in ready-to-eat food products. The market in the region is estimated to reach USD 1,187.0 million, in terms of value, by 2023. Europe is also expected to witness an above-average growth rate of 3.93% during the forecast period. However, Asia-Pacific is projected to expand at the highest growth rate of 4.53% during the forecast period of 2017-2023.

Segments

The global food preservatives market is segmented into type, function, and application
By type, it is segmented into natural and synthetic, among which, the synthetic segment is estimated to account for the major market share throughout the forecast period, and is expected to reach to USD 2,193.3 million by the end of 2023, registering a CAGR of 3.56%. However, the natural segment is projected to expand at a high growth rate of 4.29% during the forecast period. Synthetic segment is further sub-segmented into sorbates, benzoates, propionates, nitrates, and others. Among the synthetic segment, sorbates is expected to hold the maximum market share throughout the forecast period. However, propionates are estimated to witness the highest growth rate of 4.24% during the forecast period.
By function, the market is segmented into antimicrobials, antioxidants, and others, among which the antimicrobials segment is dominating the market. Antimicrobials segment is projected to grow at a CAGR of 3.71% during the forecast period.

By application, the global food preservatives market has been segmented into bakery & confectionery, dairy & frozen desserts, snacks, oils & fats, beverages, meat products, and others. Bakery & confectionery segment is dominating the global food preservatives market, and the segment is estimated to reach USD 900.0 million by the end of 2023. However, dairy & frozen desserts segment is anticipated to witness huge growth in the near future.

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Major Table of Contents:
1 Executive Summary
2 Introduction
3 Market Dynamics
4 Global Food preservatives Market By Type
5 Global Food preservatives Market By Function
6 Global Food preservatives Market By Application
7 Global Food preservatives Market by Region
8 Competitive Landscape
9 Company Profiles

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Key Features of the Report:

Key developments and product launches by the top players and brands

Key parameters which are driving the market

Key trends of the market

Challenges of market growth

What are the challenges being faced by the new entrants

Market volume

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