Food Preservatives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 – 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

Food Preservatives Market to Post 3.5% CAGR to 2020, Demand
for Natural Food Preservatives Rising

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Food Preservatives Market

REPORT DESCRIPTION

Driven by an increased demand for convenience and organic food products, the global food
preservatives market will report a 3.5% CAGR from 2014 to 2020, says Transparency Market
Research’s latest study. The report, titled “Food Preservatives Market Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast, 2014–2020,” puts the market at US$2,000 million in
2013, and projects it to reach US$2,560 million by 2020. Furthermore, the report finds that the
RoW food preservatives market will exhibit a higher growth rate than the global market, and will
expand at a 4.0% CAGR through the forecast horizon. In revenue terms, North America’s food
preservatives market is reported as being the largest at US$729.8 million as of 2013. TMR
analysts predict that this market will hit US$921.6 million by 2020.
Food preservatives are widely used as an ingredient in various food products to increase their
shelf life and delay/prevent decomposition and spoilage that occurs owing to microbial growth.
Food can be preserved using chemical methods or physical methods, with physical preservation
including refrigeration and drying and chemical preservation comprising the addition of chemical
compounds to inhibit microbial growth. Given the disparate food types that are consumed in
different regions of the world, the demand pattern for food preservatives also varies between
regions. Another important...