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Global Preservatives Market | Corbion N.V., Cargill Incorporated, Kerry Group, BASF SE, Chr. Hansen A/S
Preservatives Market
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Preservatives Market Taxonomy
On the basis of source, the global market is classified into:
Natural
Synthetic
On the basis of function, the global market is classified into:
Antimicrobials
Antioxidants
On the basis of end user, the global market is classified into:
Food and beverages
Cosmetics
Pharmaceuticals
Construction
Others
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Increasing demand for processed food due to busy lifestyle and increasing number of women in the workforce is projected to drive growth of the preservatives market over the forecast period (2016–2024). In addition, growing retail industry in emerging economies and popularity of processed food among the younger generation is also boosting demand for processed food, which in turn is projected to drive the market growth. According to a study conducted by Coherent Market Insights, the market for processed food is projected to reach US$ 88.2 billion by 2024. Preservatives are used in processed food to enhance its overall quality, taste, and shelf life.
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Global Preservatives market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Archer Daniels Midland
BASF SE
Brenntag AG
Cargill In
Celanese Corp
Chr. Hansen A/S
Corbion NV
Danisco
DSM Food Specialties BV
DuPont
Galactic SA
Hawkins Watts
Kemin Industries
Kerry group
Tate And Lyle PLC
Univar
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