Global Food Preservatives Market Will Reach $ 3.38 Million by 2026Posted by swamiv on November 18th, 2019 Global food preservatives market By Type (Natural Preservatives; Synthetic); Function (Antimicrobials; Antioxidants; Others); Application (Oils & Fats; Bakery; Dairy & Frozen Products; Snacks; Meat, Poultry & Seafood; Confectionary; Beverages; Others); Geography (North America; South America; Europe; Asia-Pacific; Middle East and Africa) – Industry Trends and Forecast to 2026 Market Analysis: Global Food Preservatives MarketGlobal food preservatives market is expected to rise to an estimated value of USD 3.38 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the growing trend of clean label food products globally along with growing preference for naturally sourced preservatives. Get Exclusive Sample Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-food-preservatives-market Market Definition: Global Food Preservatives MarketFood preservatives are specialised chemical ingredients or extracts that are added to the food products during their production processing to restrict the growth of bacteria, microorganisms, and other harmful effects such as oxidisation. The addition of these substances improves the shelf life of the products and retains the freshness making them consumable for a longer period of time. Market Drivers:
Market Restraints:
Segmentation: Global Food Preservatives MarketBy Type
o Sugar o Salt o Alcohol o Vinegar o Honey o Edible Oil o Rosemary Extracts (E392) o Nicin (E234) o Natamycin (E235) o Onion
o Sorbates o Sorbic Acid (E200) o Potassium Sorbate (E202) o Benzoates o Benzoic Acid (E210) o Sodium Benzoate (E211) o Propionates o Propionic Acid (E280) o Sodium Propionate (E281) o Calcium Propionate (E282) o Others o Nitrites o Sulfates o Sulfur Dioxide (E220) o Acetic Acid (E260) o Sodium Diacetate (E262) o Lactic Acid (E270) By Function
By Application
Key Developments in the Market: In March 2019, Corbion announced that they had agreed to acquire Granotec do Brazil with the company a leader of bakery ingredients in the Brazil region. The acquisition has been agreed for an approximate amount of USD 45 million. Granotec will be integrated into Corbion’s Brazil operations and will establish a leading presence of the company in the region and enhance their capabilities in providing special ingredients to the bakery market. In May 2018, Kemin Industries, Inc. announced the launch of a new natural preservative, the product termed as “NaturFORT RSGT” is a plant-based preservative designed to substitute the EDTA preservatives utilized in the market. The product is designed from the extracts of rosemary, green mint and green tea which exhibit extension of the shelf life of the natural food products such as dressings, salads. Competitive Analysis: Global Food Preservatives MarketGlobal food preservatives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of food preservatives market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa. About Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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