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Food Preservatives Market Growth | Future Scope | Challenges | Opportunities | Trends | Forecast To 2031 - Kerry Group, Dupont De Nemours Inc., BASF SE, Cargill Incorporated, Celanese Corporation
Food Preservatives Market
As per the food preservatives market report by The Business Research Company, the increasing consumption of ready-to-eat food owing to busy lifestyles is expected to propel the growth of the food preservatives market in the coming years. Ready-to-eat food uses various kinds of natural and artificial preservatives to minimize the chances of spoilage due to microbial reactions and boost food quality. The higher demand for processed or ready-to-eat food is due to the increasing working population that prefers to consume convenient food rather than cooking it at home. For instance, according to an Assocham (Associated Chamber of Commerce and Industry of India) survey conducted in 2020, roughly 79% of Indian households prefer instant food due to lack of time.
The global food preservatives market size grew from $2.7 billion in 2022 to $2.84 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The food preservatives market size is expected to grow to $3.37 billion in 2027 at a CAGR of 4.4%.
Read More On The Food Preservatives Market Report Here:
https://www.thebusinessresearchcompany.com/report/food-preservatives-global-market-report
Major competitors in the food preservatives market are Kerry Group, Dupont De Nemours Inc., BASF SE, Cargill Incorporated, Celanese Corporation, Corbion N.V, Archer Daniels Midland Company, Galactic S.A., Kemin Industries Inc., Koninklijke DSM N.V., Tate & Lyle PLC., Brenntag Solutions Group Inc.
The food preservatives market is segmented -
• By Product Type: Diabetic Food, Gluten-free Food, Lactose-free Food
• By Function: Anti-Microbial, Anti-Oxidant, Chelating Agents, Enzyme Attackers
• By Application: Beverages, Oils And Fats, Bakery, Dairy And Frozen Products, Snacks, Meat, Poultry, Confectionery, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the food preservatives market.
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The food preservatives market consists of sales of salt, vinegar, sugar, sorbates, nitrites, and other food preservatives. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Food Preservatives Market Include:
1. Executive Summary
2. Food Preservatives Market Characteristics
3. Food Preservatives Market Trends And Strategies
4. Food Preservatives Market - Macro Economic Scenario
5. Food Preservatives Market Size And Growth
6. Food Preservatives Market Segmentation
.....................
27. Food Preservatives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Food Preservatives Market
29. Food Preservatives Market Future Outlook And Potential Analysis
30. Appendix
The "Global Food Preservatives Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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