Food Preservatives Market Opportunities and Analysis to 2023 with Top Players Like Danisco A/S, Univar Inc., Akzo Nobel N.V., Kemin Industries

Food Preservatives Market by Type, Function, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023.

The food preservatives market was valued at $2,271 million in 2016, and is projected to reach $2,714 million by 2023, growing at a CAGR of 2.6% from 2017 to 2023. Asia-Pacific is one of the prominent consumers of food preservatives, accounting for nearly one-third of the total market in 2016.

Download PDF Sample Report @ https://www.alliedmarketresearch.com/request-sample/2277

Preservatives are used in a wide range of products, such as bakery, confectionery, snacks, meat, seafood, poultry, and others to reduce oxidation, prevent food spoilage, and inhibit microbial growth. The types of preservatives include antimicrobials, antioxidants, chelating agents, and others. Various regulations are imposed on the use of food preservatives by regulatory bodies. FDA has regulated the concentration range of preservatives to be added in food products and has also banned use of chemicals that are harmful to human health.

The demand for natural preservatives in various applications, such as meat, poultry, and seafood, bakery, and confectionery, is relatively high. increase in demand for natural preservatives in Asia-Pacific is expected in the near future, owing to stringent regulations over synthetic preservatives.

Get detailed COVID-19 impact analysis on the Food Preservatives Market @ https://www.alliedmarketresearch.com/request-for-customization/2277?reqfor=covid

The global food preservatives market is segmented based on type, function, application, and geography. Based on type, it is bifurcated into natural and synthetic. The natural food preservatives segment is further classified into sugar, salt, vinegar, honey, alcohol, edible oil, nicin, rosemary extracts, onion, and natamycin. The synthetic food preservatives segment is further categorized into sorbates, benzoates, propionates, and others. Sorbates are further bifurcated into sorbic acid and potassium sorbate.

Benzoates are classified as benzoic acid and sodium benzoate. Propionates are also categorized into propionic acid, sodium propionate, and calcium propionate. The others segment is classified into nitrites, sulfur dioxide, lactic acid, sodium diacetate, acetic acid. On the basis of function, the market is divided into antimicrobials, antioxidants, and others. The application areas of the industry are broadly classified into bakery, meat, poultry, and seafood, oils & fats, dairy & frozen foods, snacks, confectionery, beverages, and others. The market is analyzed based on four regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

Send Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/2277

The major companies profiled in the report include Danisco A/S, Akzo Nobel N.V., Kemin Industries, Inc., Cargill, Incorporated, Hawkins Watts Limited, Celanese Corporation, Univar Inc., and Koninklijke DSM N.V.

Key Findings of the Food Preservatives Market:
In terms of value, the natural segment is expected to grow at a CAGR of 3.4% during the forecast period.
Asia-Pacific is projected to maintain its lead position throughout 2022, growing at a CAGR of 3.5%, in terms of value.
Meat, poultry, and seafood application is estimated to occupy one-fourth of the total market by 2023.
China is expected to occupy more than half of the total Asia-Pacific food preservatives market by 2023.
In the global food preservatives market, China is expected to grow at the highest CAGR of 4.5%, in terms of value, from 2017 to 2023.

Read More @ https://www.alliedmarketresearch.com/food-preservatives-market

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.