Food Preservatives Market is expected to grow at a CAGR of 3.5% from 2017 to 2025
Portland, OR -- (SBWIRE) -- 08/14/2017 -- According to new report published by Progressive Markets, titled, "Global Food Preservatives Market- Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025", the industry is expected to rise at a CAGR of 3.5% during the period, 2017–2025. The research includes key findings of the industry, which would help manufacturers, investors, and new entrants to formulate policies that ensure growth of the industry.
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The study introduces the global food preservative market in respect to its scope. It includes research methodology to analyze market dynamic and their impact upon the industry. It incorporates Porter's Five Forces Analysis (PFFA) to explain various factors that determine future of the industry, such as bargaining powers of suppliers & buyers, threats from replacement & new entrepreneurs, and competition in the industry. The report segments the industry into types, functions, applications, and geographies. Based on types, it splits the market into artificial and natural. Further, it categorizes them, such as it divides natural products into sugar, alcohol, salt, vinegar, honey, onion, and edible oil.
Based on artificial product type, the research classifies the global food preservatives market into sorbates, benzoates, propionates, sulfates, and nitrates. It further bifurcates them, such as sorbates into potassium sorbate and sorbic acid. It splits benzoates into sodium benzoate and benzoic acid. It segments propionates into propionic acid, calcium propionate, and sodium propionate. According to the report, the industry finds its applications in oils & fats, meat, dairy food products, poultry, frozen food products, seafood, bakery & confectionary food products, beverages, and snacks & savories. It includes functions of the market, such as antioxidants and antimicrobials. Based on regions, it divides the industry into North America, Latin America Middle East Africa (LAMEA), Asia-Pacific, and Europe.
The study classifies the abovementioned regions of the global food preservatives market, such as North America region includes Mexico, Canada, and U.S. The European region includes U.K., Italy, Germany, France, and Spain. The Asia-Pacific nations are Japan, China, Australia, India, and South Korea. In the LAMEA region the report includes following countries South Africa, Saudi Arabia, and Brazil. It assesses market share of type, application, function, and region during the period, 2014–2025. Moreover, it analyzes market size of each type, application, and function by geographies for the historic period and forecast period, 2014–2016 as well as 2017–2025 respectively. It also examines market size of each country during the aforementioned period.
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The experts discuss giants of the global food preservatives market, such as Akzo Nobel N.V., Celanese Corporation, Cargill, Inc., Koninklijke DSM N.V., BASF SE, The Archer Daniels Midland Company, Brenntag Solutions Group, Inc., Kemin Industries, Inc., Univar Inc, and Hawkins Watts Limited. They evaluate these firms based on certain criterions set which includes financial and business segment. They emphasize upon recent developments by each company. The report provides an overview of every firm. Further, it explores factors which accelerate growth of the industry, such as increase in end use industries and food products with extended life span. Alternatively, rise in demand for packaged and convenience food has fueled the demand of the industry owing to changes in lifestyle and busy schedule.
The research outlines aspects which hinder growth of the global food preservatives market, such as adoption of other preservation techniques instead of consuming preservatives-added food. It also highlights alternative factor which hinders prosperity of the industry. These include limitation in availability of natural preservatives and inclination of consumers toward natural food products. Moreover, it offers various significant takeaways of the industry, such as it provides great competitive edge to manufacturers, stakeholders, and new entrants. These are comprehensive evaluation of aspects that have potential to restrict or drive the industry.
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The experts explore competitive scenario which helps them to understand the present rivalry within the geographical locations of the global food preservatives market. Further, they assess the opportunities that prevail within these regional distributions. An in-depth assessment of developments in the market aids manufacturers and new entrepreneurs to understand the industry behavior. The research thoroughly follows the status of the products and also provides a substantial examination of top manufacturers of the market framework. It includes the abovementioned parameters of the industry in forms of tables and figures.