Food Preservatives For Imparting Antimicrobial Properties Will Be The Primary Function, Accounting For 3/4th Of Total Demand by 2031

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Food Preservatives market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.

Demand for food preservatives is set to touch US$ 2.8 Bn by 2021. Sensing the opportunities, food preservative manufacturers are relying on new product development and strategic mergers. As per Fact.MR’s analysis, top 5 players account for nearly 40% food preservatives market share, with the U.S, Germany, Spain, France, and China projected to emerge as the top 5 markets. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Food Preservatives market.

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Key findings of the Food Preservatives market study:

• The report provides a present market outlook on Food Preservatives. Additionally, the Food Preservatives market share is anticipated to grow with a CAGR of 3.9% in the forecast period.
• Regional breakdown of the Food Preservatives market based on predefined taxonomy.
• Innovative manufacturing processes implemented by Food Preservatives vendors in detail.
• Region-wise and country-wise fragmentation of the Food Preservatives market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global Food Preservatives market.
• Food Preservatives price, market share, and Trends forecast for assessment period 2021-2031

Key Segments Covered

• Product
  • Natural Food Preservatives
  • Synthetic Food Preservatives
    • Benzoic Acid
    • Sorbic Acid
    • Lactic Acid
    • Propionic Acid
    • Others
• Function
  • Antimicrobial Food Preservatives
  • Antioxidant Food Preservatives
  • Other Food Preservatives
• Application
  • Bakery and Processed Food Preservatives
  • Beverage Preservatives
  • Dairy and Milk Products Food Preservatives
  • Meat, Poultry and Seafood Preservatives
  • Food Preservatives for Other Applications

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What makes this Research different from others?

• COVID- Impact analysis- The report includes details of the impact of the pandemic on the Food Preservatives market further including insights on the pre-COVID situation. Additionally, this report benefits in terms of post-COVID recovery prospects, changing consumer demands, and buying patterns valuable for Food Preservatives companies.
• Industrial trend analysis- The research covers recent trends in the field of Food Preservatives which are augmented with the applicable technologies and shifts in industrial processes. The scope for digital and industrial technologies is discussed in order to help client firms to understand the benefits and risks included in light of market trends.
• Food Preservatives Sustainability metrics- The rising concerns of environmentally friendly production and consumption are taken to next level in this research, as research is focused on emerging methods of ensuring sustainability. These insights include climate-friendly initiatives adopted by some players in the industry. Furthermore, details of manufacturers’ impact on carbon footprint are evaluated intend to make clients aware of their contribution to sustainable development goals.

Competitive Landscape

Competition in the global food preservatives market is expected to rise, with players focusing on gaining a competitive advantage and increasing their market foothold. They are increasingly focusing on investing in research and developments to cater to the requirements of end-use industries.

• For instance, in May 2021, Cargill Incorporated announced EpiCor® postbiotic, which is a dried yeast fermentate providing immune system support. The postbiotic is used in popular supplements and enables food and beverage manufacturers to incorporate EpiCor® into a variety of foods and beverages.
• Consumers are seeking food and beverages that offer better ways to support their health and Cargill’s solutions like EpiCor® postbiotic that support digestive and immune health at all stages of life.

Market Players:

• BASF SE
• Cargill Inc.
• Celanese Technology
• Chr. Hansen Holding A/S
• Corbion N.V
• DuPont de Nemours Inc.
• JEYS F.I Inc.
• Kerry Group Plc.
• Koninklijke DSM N.V
• The Archer Daniels Midland Company (ADM)

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Why choose Fact.MR?

Reports published by Fact.MR are a result of the combination of our experts and digital technologies. We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites. Our analysts perform comprehensive research to offer ins and outs of the current market situation. Clients across various time zones tend to utilize our 24/7 service availability.

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