Food Preservative Market Is Expected To Generate Huge Profits by 2020 – Persistence
Market Research
Subtitle: Food Preservative Market - Global Industry Analysis and Forecast to 2020
New York, NY: Food preservatives are substances that are added to food to keep it safe and fresh for longer duration of time. The
food preservatives are used across beverages, dairy bakery, snacks, meat and sea food during processing and packing to prevent them
any bacterial effects. The growth in demand of these food items is expected to be major driver for the food preservative market.
Global nature of food sourcing and increasing complexities in the food supply chain have resulted in increasing demand for products
and techniques required to prolong the shelf-life of the food product, thus increasing the demand for food preservatives.
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There are two types of food preservative: natural and artificial. Also, the food preservatives are used for different functions such as
antimicrobials, antioxidants, chelating agents and enzyme attackers. Salt, sugar, alcohol, vinegar are some of natural preservatives use
in making jams, juices and pickles. Sulphites, Nitrites and Benzoates are three classes of artificial preservatives commonly used in food.
Sulphites are used to prevent the growth of bacteria in wine, dried fruits and vegetables in vinegar or brine. Sorbic acid is used in
preservation of potato and cheese product. Nitrites are used in meat products such as sausages and hams to protect against the
bacterium that can causes botulism. Benzoic acid is more effective against yeasts than against molds and bacteria. It is used as
antifungal and antibacterial in low sugar jams, jellies, and condiments.
North America is the largest market for food preservative, followed by Asia-Pacific and Europe. The Asia-Pacific market is expected to
have a higher growth rate during the forecasted period. India is the world’s second largest food producer after China, which shows
the potential market for food preservative in Asian country.
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Preservation techniques for preventing food spoilage have been practiced since ages. Changing lifestyle and increasing trade of food
products across the globe have led to the increasing demand for food preservatives. Various government bodies and private industries
keep proper regulation to maintain the high standards food quality containing preservatives. Increasing consumer awareness and
changing food consumption habit along with increasing population is driving the demand of various segments of food and beverage
industry, which in turn, is driving the food preservative market. This growth is also driven by increasing demand for natural food
preservatives in developed markets and continued demand for processed food in emerging markets. Sensing the increasing reference
of consumers towards the natural food products, certain global companies have started replacing artificial food preservatives with the
natural preservatives in their food products. They are further using this to project their product as ‘all-natural’ food product thus
attracting larger consumer interest. Convenience food products and personal care products have further increased the application
area for the food preservatives.
Some of the major players operating in the market are ABF Ingredients Ltd., Ajinomoto Co. Inc, Archer Daniels Midland Company,
Albemarle Corporation, Brenntag Inc., Cargill, Incorporated, Celanese Corporation, Edlong Flavors, Jungbunzlauer Ag, Kerry Group,
Purac Biochem B.V, Royal Dsm N.V. and Dupont De Nemours & Company.