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Date Submitted: 09/01/2016 11:42 PM
Bharatbook.com announces a report on “Food Preservative Market by Type, Function, Application & Geography - Global Trend & Forecast to 2021”. The North American region consumers are on the lookout for minimally processed convenience foods, with long storage lives. https://www.bharatbook.com/food-market-research-reports-113792/food-preservative-type-function-application-geography-global-trend-forecast.html
The food preservatives market projected to grow at a CAGR of 2.5%
The Food Preservatives Market is projected to reach USD 2.94 billion by 2021 at a CAGR of 2.5% from 2016 to 2021. The market is driven by factors such as high demand for food products with prolonged shelf-life, rise in demand for convenience foods, and the use of natural food preservatives for meat & poultry products in the western countries of North America and Europe.
Meat, poultry, & seafood products led the food preservatives market by application, with the largest share in 2015
Preservatives are an important factor in the meat, poultry, & seafood industry. Preservatives added to cured meats, bacon, and ground beef are sodium nitrite, which are added to destroy toxins, and react with proteins in the meat. Solutions used by meat processors to improve the shelf-life and taste can also help to reduce pathogens, including E. coli. Preservatives for meat is needed on a large scale, this is because meat is a very commonly consumed product across the globe and the consumption is high in major regions such as North America, Asia-Pacific, Europe, and Latin America. The economy is rising in these regions, which has given consumers the opportunity to consume meat on a regular basis.
North America to lead the market in terms of market share between 2016 and 2021
The North American region consumers are on the lookout for minimally processed convenience foods, with long storage lives.
This has heightened the need for appropriate food safety concerns and preservatives to extend...