Transparency Market
Research
Food Preservatives Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast, 2014 - 2020
Published Date
05-03-2015
93 Page Report
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Press Release
Global Food Preservatives Market to Reach US$2.5 bn by 2020
owing to High Demand for Convenience Foods and Organic
Foods
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Food Preservatives Market
REPORT DESCRIPTION
The global food preservatives market was valued at US$2 bn in 2013. Exhibiting a CAGR of 3.50% within a
forecast period of 2014 to 2020, this market is expected to reach US$2.5 bn by the end of 2020. This data
is elaborated upon within a research report released by Transparency Market Research. The report, titled
“Food Preservatives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 2020,” showcases the key factors that can influence this market in the near future.
According to the report, the global food preservatives market is primarily driven by an increase in demand
for two core segments of the food and beverages industry. The first is an increasing demand for
convenience foods, which is driven by changing lifestyles. Another driver for the global food preservatives
market is the rapidly increasing demand for organic food products, which require a different set of
preservatives.
The global food preservatives market is also bolstered by the growing need for increasing the shelf life of
perishable foods as well as preventing an outbreak of diseases. Preservatives act by inhibiting the growth
of bacteria and other microorganisms in food, thereby helping prevent the spread of harmful bacteria.
However, the global food preservatives market could be hampered by the increasing pressure of adhering
to stringent government...