Boston, MA -- (SBWire) -- 02/28/2014 --A wide range of preservatives can be used alone or in conjunction with other food preservation techniques. Some groups of preservatives target enzymes in fruits and vegetables that continue to metabolize after they are cut. Many food processing industries are focusing more on natural preservatives, as the possibility of health hazards with the consumption of foods preserved by chemical preservatives has brought a significant change in the attitude of the people towards such foods. Therefore, effective and safe natural preservatives are actively in demand. Also, consumer perception regarding the benefits of natural additives has generated interest among the researchers, about their development and use in processed foods.
Food preservative market is projected to reach $2.7 billion by 2018. The manufacturers are well aware of the emerging world market of food preservatives. As the market is projected to show continued growth in both, developed and developing regions, the report analyzes the market in the prominent regions of the world. There are different growth strategies adopted by various market players, which are analyzed in the report.
FIGURE 1
FOOD PRESERVATIVE MARKET VALUE, BY GEOGRAPHY, 2012 VS. 2018 ($MILLION)

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p - Projected
Source: Expert Interviews, Government Authorities, Related Research Publication, Company Press Release, Company Annual Report, Company Website, Company Publication, and MarketsandMarkets Analysis
North America is the largest market for food preservative, followed by Asia-Pacific and Europe. The Asia-Pacific market is estimated to grow at a CAGR of 2.6 % from 2013 to 2018. Asia-Pacific represents the fastest growing market followed by North America.

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