food preservatives market is expected to hit a US$ 2.5 billion valuation between the assessment years from 2020 to 2030. The coronavirus pandemic is expected to have a marginal impact on the food preservatives market. Growing consumer health consciousness has reduced demand for commercial foods with synthetic preservatives. However, growth in consumption of convenience foods is likely to generate growth opportunities particularly for natural alternatives.” data-reactid=”13″>ROCKVILLE, MD / ACCESSWIRE / August 27, 2020 / The global food preservatives market is expected to hit a US$ 2.5 billion valuation between the assessment years from 2020 to 2030. The coronavirus pandemic is expected to have a marginal impact on the food preservatives market. Growing consumer health consciousness has reduced demand for commercial foods with synthetic preservatives. However, growth in consumption of convenience foods is likely to generate growth opportunities particularly for natural alternatives.
The coronavirus pandemic has had a marginal impact on the food preservatives industry. The growth in health consciousness among consumers is a major factor hindering the adoption of synthetic food preservatives during this period. On the other hand, demand for processed convenience food has remained strong during the crisis, which provides opportunities for preservative manufacturers to capitalize on. Natural and organic preservatives are expected to make major inroads, and demand is likely to remain strong even after the end of the pandemic.
https://www.factmr.com/report/2250/food-preservative-market” data-reactid=”52″>Explore the global food preservatives market with 170 figures, 92 data tables, along with the table of contents of the report. You can also find detailed segmentation on https://www.factmr.com/report/2250/food-preservative-market
BASF SE, Chr. Hansen Holding A/S, Corbion N.V., and Cargill Inc. are some of the leading food preservative manufacturers in the global market.
Food preservatives manufacturers are primarily invested in product innovations and portfolio expansion incorporating natural and clean label trends to meet evolving needs of the food & beverage industry.
For instance, Lycored has unveiled tomato-based colors which can be used in milk products for not only aesthetics, but also to increase product stability in varying retail environments. Niacet has introduced Provian Plus a dry vinegar-based food preservative aimed towards plat-based meat alternatives. Corbion has announced a new strategy for investments into lactic acid and natural food preservation through 2025.
This study offers readers a comprehensive market forecast of the food preservatives market. Global, regional and country-level analysis of the top industry trends impacting the food preservatives market is covered in this FACT.MR study. The report offers insights on the food preservatives market on the basis of product (natural and synthetic), function (antimicrobial, antioxidant, and others), and application (bakery & processed food, beverages, dairy & milk products, meat, poultry & seafood), across six regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East & Africa).