Natural Food Preservatives Market Report Covers Competition Landscape and Trends

Posted by Arslan on January 21st, 2020

Sales of natural food preservatives have witnessed sheer proliferation in recent years, in line with growing consumer preference for clean label products. The revenue from sales of natural food preservatives is expected to reach US$ 796.5 MN by the end of the report forecast period (2018-2028). According to the Fact.MR report on natural food preservatives market, technologically advanced and innovative ways of manufacturing natural food preservatives are projected to underpin gains in global natural food preservatives market.

The fast-paced lifestyles in tandem with easy availability of fast food have altered the food habits of consumers, who now find it convenient to consume ready-to-eat and packaged food products. Processed food and beverage products demand proper preservation using viable techniques and harmless ingredients to remain fresh for long duration of time without getting spoiled.

Due to the potential health impact of chemical ingredients used in food preparation and processing, F&B manufacturers are shifting from synthetic or artificial food preservatives to safer, natural food preservatives in their offerings. This paradigm shift is poised to fuel adoption of natural food preservatives, as per Fact.MR study. This trend is further accelerating due to the imposition of stringent regulations by varied governments across the globe against the use of artificial or synthetic food ingredients, which has led to a ban on synthetic or artificial food preservatives in F&B sector.

“Regardless of improved food properties, artificial ingredients continue to be a concern among consumers. Manufacturers in F&B industry are in a challenging state as they need to cater to the growing demand for natural or no-preservative products, while considering the repercussions of alleviating additives and preservatives, which can increase the product spoilage rate and decrease shelf life. This is propelling them to adopt natural food preservatives to maintain position in the market and expand customer outreach”, finds Fact.MR.

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Fact.MR report on natural food preservatives market opines that considerable market penetration is driving the introduction of novel products composed of easily available natural food preservatives. The leading players in natural food preservatives market are responding to such opportunities by extending their offerings and introducing novel products, which is further fueling the stake of natural food preservatives across the globe.