Global Preservatives Market

Global Preservatives Market Industry Trends, Outlook, Regulatory Bodies
& Regulations and Key Market Players
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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:
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Natural
Synthetic
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REPORT DESCRIPTION
Preservatives Market Taxonomy:
On the basis of end user, the global market is classified into:
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Food and beverages
Cosmetics
Pharmaceuticals
Construction
Others
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On the basis of geography, the global market is classified into:
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North America
U.S.
Canada
Europe
U.K.
Germany
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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.
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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.
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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.