Processed Food and Beverage Preservatives Market Size, Insights, Trends, Outlook 2018-2024: Top Players: Zhejiang Silver Elephant Bioengineering Co., Ltd., Celanese Corporation, Koninklijke DSM N.V., Kerry Group Plc

The main objective of this report is to define, describe, and forecast the global “Processed Food and Beverage Preservatives” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. According to the report the global processed food and beverage preservatives market is projected to grow at a CAGR of 4.08% over the forecast period of 2018-2024.

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A new natural preservative increases food safety – change the topic name

In January 2018, A food manufacturer and two partner organizations all in Quebec have developed an ingredient that will help to increase food safety. Fumoir Grizzly, one of the largest fish smokehouses in Canada, Université Laval and Merinov – a research center focused on fishing, aquaculture, and processing aquatic products – have developed a bioingredient they call Bac M35.

Increasing adoption of western diet coupled with rapid growing urbanization are fuelling the demand of processed food & beverage preservatives market 

Food and beverages preservatives prevent spoilage caused during the time of transportation and help to maintain freshness as well as increases the appearance and shelf life of the food products. These are the crucial factors that are fuelling the growth of the global processed food & beverage preservatives market. Food preservatives are used to prevent changes in flavor, color, and texture. Moreover, rapid urbanization, changing lifestyle coupled with the rising adoption of a Western diet is highly influencing the consumption of processed foods, which in turn, is supporting the growth of the market. However, the growing demand for natural food products and the narrow availability of natural preservatives is a major factor hampering the growth of processed food & beverage preservatives Market. Going further, leading manufacturers are working on increasing the shelf life of their products. This, in turn, provides significant growth opportunities for the processed food & beverage preservatives market over the upcoming years.

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The Asia pacific  region is accounted to be the fastest growing region for processed food & beverage preservatives market

Among the Geographies, North America is expected to be the leading region in the Processed Food & Beverage Preservatives Market. Rising demand for food preservative in the meat and poultry products in the U.S. is boosting the market in the North America region. The Asia Pacific is projected to be the fastest growing region in this market owing to the increased demand for convenience food products with long shelf life. The factors such as rising population coupled with the improved economic condition of consumers also propel the global processed Food & Beverage Preservatives Market in the Asia Pacific region.