Global Preservatives Market - Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players

GLOBAL PRESERVATIVES MARKET INDUSTRY TRENDS, OUTLOOK, REGULATORY
BODIES & REGULATIONS AND KEY MARKET
PLAYERS
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REPORT DESCRIPTION
Preservatives Market Overview
Preservatives are substances or chemicals added to drugs, food, beverages, paints, cosmetics, and wood, in order
to prevent microbial growth and undesirable changes in terms of both, physical and chemical properties.
Preservatives are of two kinds, namely natural and synthetic, both of which are used to enhance the quality of the
end product. Natural preservatives such as antioxidants, vitamin E, rosemary extracts, and seed extracts are
readily available in nature and often obtained from plant sources. Synthetic preservatives such as benzoic acid,
sodium nitrite, sulfur dioxide, and potassium sorbate, are chemical components processed and added to the end
product. Growing health concerns among the global populace has caused an increasing demand for natural
preservatives, in turn projecting immense growth for the preservatives market, over the forecast period. Positive
growth outlook of the food industry in highly populous and emerging economies of India and China, further
contribute to growth of the global preservative market.
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REPORT DESCRIPTION
Preservatives Market Taxonomy
On the basis of source, the global market is classified into:
•
Natural
•
Synthetic
On the basis of function, the global market is classified into:
•
Antimicrobials
•
Antioxidants
On the basis of end user, the global market is classified into:
•
Food and beverages
•
Cosmetics
•
Pharmaceuticals
•
Construction
•
Others
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REPORT DESCRIPTION
Preservatives Market Taxonomy
On the basis of geography, the global market is classified into:
North America
•
U.S.
•
Canada
Europe
•
U.K.
•
Germany
•
Italy
•
France
•
Spain
•
Russia
•
Rest of Europe
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REPORT DESCRIPTION
Preservatives Market Outlook – Growing Demand for Processed
Food Is Fueling Market Growth
Rising demand for processed food due to busy lifestyle and increasing number of women in the workforce is projected to drive growth of the preservatives market, over the forecast period (2016–2024). In addition growing retail industry in emerging economies and popularity of processed food among the younger generation is also boosting growth of the market for processed food, which in turn is projected to drive market growth. According to a study conducted by Coherent Market Insights, the market for processed food is projected to reach US$ 88.2 billion by 2024. The rampant growth of the market for processed food, is expected to fuel growth of the preservatives market, owing to the application of preservatives in processed food to enhance its overall quality, taste and shelf life.
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Preservatives Market report categorizes global market by source, function, end-user, and geography - Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players