Global Preservatives Market Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Preservatives are additives to drugs, food, beverages, paints, cosmetics, and wood, among others, to prevent microbial growth and undesirable changes in terms of both physical and chemical properties. Preservatives can also enhance quality of the end product. Preservatives are either natural or synthetic. Some examples of natural preservatives are antioxidants, vitamin E, rosemary extracts, and seed extracts. Synthetic preservatives are chemical components processed and added to the end product to enhance its quality. Increasing demand for natural preservatives due to growing health concerns is a major factor projected to drive market growth over the forecast period. Positive growth outlook of the food industry in highly populous and emerging economies of India and China, argues well for growth of the global preservative market. On the basis of function, the preservatives market is categorized into antimicrobial and antioxidants. Preservatives that are added to end products to arrest growth of microorganisms are called antimicrobial preservatives. Some of the common antimicrobial agents that are used as preservatives are benzoic acid, lactic acid, nitrate, nitrite, propionic acid and sulfites. Preservatives that are used to inhibit oxidation process, especially in stored food items are called antioxidants. Food items with high fat content tend to get damaged during oxidation process. Antioxidants are used to counteract oxidation process and significantly increase shelf life of packaged food items. Some of the major antioxidants that are used as preservatives are Vitamin C, Vitamin E, carotenoids, lutein, selenium, and lycopene. Preservatives Market Taxonomy On the basis of source, the global market is classified into: ● ● Natural Synthetic © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Preservatives Market Taxonomy: On the basis of end user, the global market is classified into: ● ● ● ● ● Food and beverages Cosmetics Pharmaceuticals Construction Others Request Sample of Preservatives Market:https://www.coherentmarketinsights.com/insight/request-sample/264 On the basis of geography, the global market is classified into: ● ● ● ● ● ● North America U.S. Canada Europe U.K. Germany © Coherent market Insights. All Rights Reserved Reservatives Market Challenges – Stringent Government Rules and Regulations Stringent regulatory scenario regarding use of preservatives due to its negative health impact is a challenge for growth of the global preservatives market. Various authorities across the globe regulate usage of preservatives. Despite its usage in various end-use industries, preservatives are associated with a number of health issues such as cancer, hyperactivity, and heart issues. The U.S. Food & Drug Administration (FDA) implemented certain guidelines for usage of preservatives in food and medicines. According to FDA, 'a chemical preservative should comply with purity specifications in regulations in 21 CFR 172, or in the Food Chemicals Codex'. Asia Pacific is expected to be the fastest growing market for preservatives over the forecast period, owing to increasing demand for ready-to-consume food items and growing retail industry. North America is the largest market for preservatives, followed by Europe and the regions are expected to retain their dominance over the forecast period. This is mainly attributed to the availability of a number of retail outlets and busy lifestyle of consumers, increasing their inclination towards ready-toeat food products. Request To View The Table of content:https://www.coherentmarketinsights.com/ongoing-insight/toc/264 Key players in the global preservatives market include Corbion N.V., Cargill Incorporated, Kerry Group, BASF SE, Chr. Hansen A/S, Archer Daniels Midland Company, E. I. du Pont de Nemours and Company, and Celanese Corporation. © Coherent market Insights. All Rights Reserved ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. 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Preservatives are additives to drugs, food, beverages, paints, cosmetics, and wood, among others, to prevent microbial growth and undesirable changes in terms of both physical and chemical properties. Preservatives can also enhance quality of the end product. Preservatives are either natural or synthetic. Some examples of natural preservatives are antioxidants, vitamin E, rosemary extracts, and seed extracts. Synthetic preservatives are chemical components processed and added to the end product to enhance its quality. Increasing demand for natural preservatives due to growing health concerns is a major factor projected to drive market growth over the forecast period. Positive growth outlook of the food industry in highly populous and emerging economies of India and China, argues well for growth of the global preservative market.
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