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

Food Preservatives Market to be worth US$2.56 bn by 2020
owing to Rising Demand for Convenience Food

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Food Preservatives Market

REPORT DESCRIPTION

Transparency Market Research (TMR) has announced the addition of a new market study on the food
preservatives market. The report is titled “Food Preservatives Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast, 2014 - 2020.” According to the report, the global food preservatives
market is expected to grow from US$2.0 bn in 2013 and is projected to reach a valuation of US$2.56 bn by
2020, expanding at a CAGR of 3.50% between 2014 and 2021.
Food preservatives are added to food products to prevent microbial growth and spoilage of food. Food
preservatives help in extending the shelf life of food and are thus used in the packaged and processed
foods industry. Given the high demand for packaged food, convenience food or ready-to-eat meals, the
global food preservatives market is expected to witness steady growth in the coming years.
The global food preservatives market is driven by the growing concern over food safety. The rising
incidences of disease outbreaks and food poisoning are fueling the demand for preservatives. The rising
trend of natural food preservatives is expected to drive the market in the coming years. On the other hand,
the difficulty in working with natural preservatives and the interventions and regulations by the
government will threaten the global food preservatives market.
The global food preservatives market is segmented on the basis of...