Food Preservatives Market Global Food Preservatives market is projected to r
According to the report “Global Food Preservatives Market,” published by Market Data
Forecast, the global market is projected to reach USD 3.69 billion by 2021 from USD 3.15
billion in 2016, at a CAGR of 3.2%.
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Food is so important for the survival, so food preservation is one of the oldest technologies
used by human beings to avoid its spoilage. Different ways and means have been found and
improved for the purpose. Boiling, freezing & refrigeration, pasteurizing, dehydrating,
pickling are the traditional few. Sugar, mineral salt and salt are also often used as
preservatives food. Nuclear radiation is also being used now as food preservatives. Modified
packaging techniques like vacuum packing and hypobaric packing also work as food
preservatives.
All of these chemicals act as either antimicrobials or antioxidants or both. They either inhibit
the activity of or kill the bacteria, molds, insects and other microorganisms. Antimicrobials
prevent the growth of molds, yeasts and bacteria and antioxidants keep foods from
becoming rancid or developing black spots. They suppress the reaction when foods come in
contact with oxygen, heat, and some metals. They also prevent the loss of some essential
amino acids some vitamins.
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The factors influencing the Global Market for Food Preservatives Market, either positively or
negatively are presented in the DROC analysis. Increase in population and change in food
consumption habit is driving the demand in market for various segments of food and
beverage industry, which in turn, is driving the market for food preservatives. Expanding
processed foods market and penetration of organized retail sector are also major factors
contributing to the market growth. Increase in consumer awareness on the ill effects of
chemical preservatives is driving the market for natural preservatives. Increase in consumer
awareness on the ill effects of synthetic ingredients, stringent government policies and
intervention regarding the usage of chemical preservatives is restricting the growth of the
global food preservatives market. Also, rising consumer preference for ‘natural
preservatives’ is increasing R&D spending on the market.
For granular level understanding, the Food Preservatives Market is segmented based on the
following categories with Market Size Estimations and Y-o-Y Forecasts presented for each
sub-segments.
By Type
Natural
Synthetic