Global Food Preservatives Market is accounted for $2.93 billion in 2020 and is expected to reach $4.32 billion by 2028 growing at a CAGR of 5.0% during the forecast period. Increase in demand for food products with extended shelf life, increase in use of natural preservatives on meat and poultry and growth in demand for convenience foods are driving the market growth.
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By geography, North America is going to have high growth during the forecast period due to increasing demand for convenience food products in the region.
Some of the key players profiled in the Food Preservatives Market include ABF Ingredients, Akzo Nobel, Archer Daniels Midland, Brenntag Solutions Group, C.H. Guenther & Son, Cargill, Celanese Corporation, Danisco, DuPont, Galactic, Hawkins Watts Limited, Kemin Industries, Kerry Group, Koninklijke DSM and Kraft Food Ingredients.
Types Covered in Food Preservatives Market
• Natural
• Synthetic/Chemical
• Other Types
Functions Covered:
• Antimicrobial
• Antioxidant
• Antifungal
• Chelates
• Enzyme Inhibitors
• Preservatives
• Anti-Enzymatic Food Preservative
Applications Covered:
• Bakery
• Beverages
• Confectionery
• Dairy & Frozen
• Desserts
• Dressings
• Meat
• Oil & Fat
• Poultry & Seafood
• Sauces & Salad Mixes
• Snacks
• Dairy, Milk & Frozen Products
• Cereal
• Canned & Preservative Food
• Sweet & Savoury
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