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Future Growth of Food Preservatives Market 2019 with Top Players Univar Inc., Hawkins Watts Limited, Cargill Inc., DSM N.V., Galactic, Danisco A/S, Tate & Lyle PLC, and Brenntag AG, Kemin Industries Inc., AkzoNobel N.V.

08-10-2019 09:31 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Food Preservatives Market

Food Preservatives Market

Food Preservatives Market 2018 research report provides key statistics on the Market status of the Food Preservatives manufacturers and is a importance source of guidance and direction for companies and individuals interested in the industry. The report primarily focuses on many critical points and trends of the industry which are useful for our esteemed clients. Further, in the Food Preservatives market report, various definitions and categorization of the Food Preservatives Market, applications and chain structure are discussed.

Major players in the global Food Preservatives market include Univar Inc., Hawkins Watts Limited, Cargill Inc., DSM N.V., Galactic, Danisco A/S, Tate & Lyle PLC, and Brenntag AG, Kemin Industries Inc., AkzoNobel N.V., among others.

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The latest research report on Food Preservatives Market a conclusive study on the actual trade on a worldwide Food Preservatives market and area-wise level. The accession of Food Preservatives expense, business schemes, media provide and business designing square measure explained within the Food Preservatives report.

The global Food Preservatives market size is estimated at US$ 2.23 billion in 2016 and is expected to expand at a CAGR of 3.30% from 2017 – 2025.

The meat, poultry & sea food is dominating the food preservative market in 2016 and the trend is expected to continue during the forecast period. The demand for protein food and organized retail is expected to drive the food preservatives market. Moreover, changing demography and increase in disposable income especially in Latin America and Asia Pacific also, innovation in meat processing technology is expected to fuel the market for food preservatives. Furthermore, supportive government initiatives in Asia Pacific, is expected to boost the market for food preservatives. For instance, in July 21, 2015, The Government of India plan to set up 13 Mega Food Parks in various states of India, which includes, Andhra Pradesh, Bihar, Chhattisgarh, Himachal, Gujarat, Jammu & Kashmir, Madhya Pradesh, Maharashtra, Odisha, Rajasthan and Uttarakhand. Moreover, by 2017, The Spice Board of India, set up by the Ministry of Commerce to promote and develop Indian spices across the world, aims to export US$ 3 billion.

Europe, followed by North America and Asia Pacific accounted for major share in the global Food Preservatives market in terms of revenue in 2016 and the trend is estimated to remain the same over the forecast period. In 2016, Europe held a share of 28.1% in terms of value, followed by Europe (27.6%). The growing demand for confectionery in Asia Pacific due to growing population, increased urbanization and growing retail and hospitality sector is expected to drive growth of the global food preservatives market over the forecast period. According to a study conducted by Coherent Market Insights, the global anti-oxidants market is expected to witness a CAGR of 3.32% during 2017-2025, which is expected to fuel growth of the global food preservatives market.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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