(Entertainment-NewsWire.com, April 22, 2017 ) According to Publisher, the Global Food Preservatives Market is valued at $1.9 billion in 2015 and is expected to reach $2.4 billion by 2022 growing at a CAGR of 4.7% from 2015 to 2022. Growing demand for processed foods, changing lifestyle and increasing disposable income are the major factors driving the food preservatives market. However factors such as growing health concerns on the safety of food additives, increasing costs of natural preservatives and stringent regulations for products are hindering the market growth. Food preservatives are used to prevent the growth of microbes, extend the shelf life of food products, preserve the flavour, maintain nutritional value of the food products and decrease food spoilage.
Generally natural preservatives preferred over synthetic preservatives as the over usage of synthetic preservatives can be harmful. These are used across beverages, snacks, bakery, meat and others during processing and packaging. The food preservatives techniques are followed from ages as food is important for survival. North America has the largest market share followed by Asia Pacific and Europe. Asia Pacific is anticipated to be the fastest growing region during the forecast period due to increasing disposable income and changing food consumption pattern. Particularly China and India constitute major share in Asia Pacific market and also in global market.
Some of the key players in the market include Akzonobel N.V, BASF SE, Brenntag Solutions Group, Inc, Cargill, Incorporated, Celanese Corporation, Chr. Hansen A/S, Cornion, Danisco A/S, Dover Chemical Corporation, DSM N.V, DuPont, Galactic, Galactic, Hawkins Watts Limited, Kemin Industries, Inc., Kerry Group, Koninklijke DSM N.V, Tate & Lyle, Univar Inc. and Wanglong.
Product Types Covered: - Natural food preservatives Salt Alcohol Edible Oil Honey Natamycin Nisin Onion Rosemary Extracts Sugar Acetic acid/vinegar Other Natural Preservatives - Chemical food preservatives - Synthetic Preservative Sorbates Benzoates Propionates - Other Product Types Nitrites Sulfates Sulphites
Regions Covered: - North America US Canada Mexico - Europe Germany France Italy UK Spain Rest of Europe - Asia Pacific Japan China India Australia New Zealand Rest of Asia Pacific - Rest of the World Middle East Brazil Argentina South Africa Egypt
Company Profiling 10.1 Akzonobel N.V. 10.2 BASF SE 10.3 Brenntag Solutions Group, Inc. 10.4 Cargill, Incorporated 10.5 Celanese Corporation 10.6 Chr. Hansen A/S 10.7 Cornion 10.8 Danisco A/S 10.9 Dover Chemical Corporation 10.10 DSM N.V. 10.11 DuPont 10.12 Galactic 10.13 Galactic 10.14 Hawkins Watts Limited 10.15 Kemin Industries, Inc. 10.16 Kerry Group 10.17 Koninklijke DSM N.V. 10.18 Tate & Lyle 10.19 Univar Inc. 10.20 Wanglong
