Food Preservatives Market Is Estimated to Grow at a Cagr of 3.50% During 2014 and 2020

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 to Reach US$2.5 bn by 2020

owing to High Demand for Convenience Foods and Organic

Foods

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Food Preservatives Market

REPORT DESCRIPTION

The global food preservatives market was valued at US$2 bn in 2013. Exhibiting a CAGR of 3.50% within a

forecast period of 2014 to 2020, this market is expected to reach US$2.5 bn by the end of 2020. This data

is elaborated upon within a research report released by Transparency Market Research. The report, titled

“Food Preservatives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 2020,” showcases the key factors that can influence this market in the near future.

According to the report, the global food preservatives market is primarily driven by an increase in demand

for two core segments of the food and beverages industry. The first is an increasing demand for

convenience foods, which is driven by changing lifestyles. Another driver for the global food preservatives

market is the rapidly increasing demand for organic food products, which require a different set of

preservatives.

The global food preservatives market is also bolstered by the growing need for increasing the shelf life of

perishable foods as well as preventing an outbreak of diseases. Preservatives act by inhibiting the growth

of bacteria and other microorganisms in food, thereby helping prevent the spread of harmful bacteria.

However, the global food preservatives market could be hampered by the increasing pressure of adhering

to stringent government regulations....