The global Food Preservatives Market was valued at $3.1Billion in 2017 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2025, culminating in 2025 global sales of $4.7 Billion.
Food preservative is a chemical which is added to beverages, food, pharmaceutical drugs, Biological Samples, paints etc.& many other products to prevent decomposition by undesirable chemical substances. preservatives prevent the growth of microbes due to chemical reason they are an important part of any packaged foods, they help in preserving flavor, texture, edibility & nutritive value of the food & prevent food poisoning. It can be natural or artificial. Preservatives play an important role in many products, including medicines, food, medicines, & personal care products. For example, by helping prevent the growth of harmful microorganism& protects the product from contamination or spoilage.
“Optimal Price Point (OPP) for Food Preservatives”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in the China Food Preservatives are available at USD xxx- USD xxxx. However, the high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Food Preservatives Market “by Product Categories”
We have segmented the Food Preservatives based on product categories as Natural & Synthetics food preservatives
Natural food preservatives come to the sugar, salt, vinegar, alcohol etc. these are the traditional food preservatives in food which are used at home while making jams, juices, pickles. Sugar & salt are the natural food preservatives they drop the bacteria growth in food. Synthetic food preservatives are the chemical substances that stop of delayed the growth of bacteria, spoilage & discoloration. It can be added to food or sprayed in the food
Food Preservatives Market by“Function”
We have segmented the Food preservative market based on Function are Anti-Microbial & Anti-Oxidant.
Antimicrobial is a chemical substance which is using to preserve food or other organic material from fermentation by preventing the growth of the microorganism. For example, Methyl, Ethyl, butyl parabens, Sorbic acids. Anti-oxidants help to prevent oxygen from damaging other molecules, antioxidants functions in the body to help protect cells & they function in food to protect the oil from damage that’s lead to rancidity
Food Preservative Market by “Application”
We have segmented the food Preservative market based on Applications Meat & Poultry, Bakery, Dairy, Beverages, Snacks.
Food preservative is used in meats & poultry for safety, shell life & food technology reasons for example potassium nitrite or sodium nitrite can be used as a food preservative in meat & poultry. It prevents bacteria growth & helps meat retain its red color& it adds a flavor to salty meats like bacon. In the bakery, food preservatives are used to maintain baked good fresher & softer longer with a significantly stronger more resilient crumb. In dairy, it is used to increase the PH of a medium decreased the effectiveness of food preservatives so that it Easily work against yeast, bacteria,& fungi.
North America accounted for the maximum revenue share of over xx% in 2017 due to increased demand of Food Preservative followed by EU-Top 5 countries contribute $X.6 Billion in 2017 and expected to reach $x.5 Billion by 2023.
The key regions analyzed in the study include North America, Europe, Asia-Pacific, Latin America and the Middle East and Europe. In 2017, North America has the major market share followed by Asia-Pacific.
Due to the food processing industry, rising prevalence of Health, and increasing obesity among the population. The AsiaPacific is expected to have the growth such as India, China, Japan encouraging providing profit margins to key market participants, and rising disposable income is driving the regional market.
“Competitive Landscape” and “Merger & Acquisition Insights”
The key market participants include Kemin Industries Inc, Celanese Corporation, Royal DSM N.V, BASF SE, Akzo Nobel N.V., Tate & Lyle, Galactic S.A, Kerry Group. are few major players in Food Preservativesmarkets. The market for food Preservatives is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation& new product development are a major focus area for dominant companies.
Food Preservatives Market by Product Categories(Revenue, Million, 2014 – 2025)
Food Preservatives Market by Functions (Revenue, Million, 2014 – 2025)
Food Preservatives Market by Application(Revenue, Million, 2014 – 2025)
- Meat & Poultry
Food Preservatives Market Regional Outlook (Revenue, USD Million, 2014- 2025)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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