Processed Food & Beverage Preservatives Market Capacity, Supply, Demand, Sales and distributor Analysis up to 2022
Global Processed
Food & Beverage Preservatives Market is expected to grow at a
significant CAGR in the upcoming years as the scope, product types, and its
applications are increasing across the globe. Preservatives are chemical or
natural substances; which, when added to food and beverages; curtail the growth
of microorganisms. Microorganisms lower the freshness of packaged food and
beverages and contaminate them. Processed food and beverage preservatives
upsurge the shelf life of the food and beverage item; which renders them fit
for ingesting for a long period without affecting the nutritional value.
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Natural preservatives are gaining popularity and demand is rising
as they do not have the side effects of chemical preservatives. Natural
preservatives lower the chances of food borne diseases such as botulism,
diarrhea, stomach flu by keeping the freshness of food and beverages intact.
Processed Food & Beverage Preservatives Market is categorized based on
product type, applications, and geography. Processed Food & Beverage Preservatives
Market is categorized based on product types such as Natural, Propionates,
Benzoates, Sulfite, Nitrites, Sorbates, Others. The market is categorized based
on application into Bakery, Confectionery, Beverages, Dairy, Frozen Food, Snack
Food, Meat, Poultry & Sea Food, Fats and Oils, Others.
Processed
Food & Beverage Preservatives Market is categorized based on
geography into Asia Pacific (China, India, ASEAN, Australia & New Zealand),
Japan, Middle East and Africa (GCC countries, S. Africa, Rest Of MEA), North
America (U.S., Canada), Latin America (Brazil, Rest of Latin America), Western
Europe (Germany, Italy, France, England, Spain, Rest of Western Europe), and
Eastern Europe (Poland, Russia, Rest of Eastern Europe). North America has been
at the forefront with regards to Processed Food & Beverage Preservatives
Market and will continue to rule the roost in the years to come.
Some of the key players that fuel the growth of the Processed Food
& Beverage Preservatives Market include Zhejiang Silver Elephant
Bioengineering Co., Hawkins Watts Limited, Shandong Kunda Biotechnology Co.,
Ltd., Ltd, Celanese Corporation, Galactic SA, Shanghai Ruidian Trading
Development Co., Akzo Nobel N.V., Ningbo Pangs Chem Int'l Co., Ltd., Cargill,
Koninklijke DSM N.V., Kemin Industries, Inc., Incorporated, Innophos Holdings
Inc, Naturalin Bio-Resources Co., Ltd, Ecochem Group Co., Ltd., Albemarle
Corporation, and E. I. du Pont de Nemours and Company, Kerry Group Plc. The key
players are focusing on inorganic growth to sustain themselves amidst fierce
competition. As such, mergers, acquisitions, and joint ventures are the need of
the hour.
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