Global Food Preservatives Market to Soar Due to Increasing Demand for Organic Preservatives

Transparency Market

Research

Food Preservatives Market - Global Industry Analysis, Size,

Share, Growth, Trends, and Forecast, 2014 - 2020

Published Date

05-03-2015

93 Page Report

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Press Release

Global Food Preservatives Market: Growing Demand for Natural

Food Preservatives to Increase Market Valuation to US$2,560

million by 2020

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Food Preservatives Market

REPORT DESCRIPTION

According to a recent market research report released by Transparency Market Research, the global food

preservatives market is estimated to grow at a CAGR of 3.50% during the period between 2014 and 2020.

The report, titled “Food Preservatives Market - Global Industry Analysis, Size, Share, Growth, Trends, and

Forecast, 2014 - 2020”, assesses the valuation and size of the global food preservatives market during the

forecast horizon. The overall market was worth US$2,000 mn in 2013 and is projected to reach a valuation

of US$2,560 mn by 2020.

The report points out that the increasing demand for convenience food and organic food products will drive

the growth of the global food preservatives market. Food preservatives are used to increase the shelf life of

the food products by inhibiting microbial growth on them. Disease outbreaks have increased the need for

food preservatives. However, the report suggests that stringent government regulations and intervention

regarding the usage of food preservatives will restrict the growth of the global food preservatives market.

Presence of various chemical compounds in food preservatives has significantly increased the demand for

natural food preservatives. This will create new growth opportunities for the overall market. It is also

observed that the manufacturers are mixing different types of preservatives to...