Market Size of Argentina Food Preservatives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.20 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Argentina Food Preservatives Market Analysis
Argentina Food Preservatives market is projected to witness a CAGR of 4.20% during the forecast period (2020 - 2025).
- Nowadays mostly all food products being produced in the country have food preservatives. The purpose is generally to preserve the natural characteristics of food and to increase the shelf life of food, and inhibit natural aging and discoloration that can occur during food preparation. Therefore, this factor is driving the market forward in the country.
- But there are certain harmful effects of using chemicals for preservation such as; Sulfites are common preservatives used in various fruits, may have side effects in form of headaches, palpitations, allergies, and even cancer, which can restraint the market during the forecast period, as in 2017, the country reported a total of 44,548 patients diagnosed with cancer, up from 1,081 patients diagnosed in 2012 (as per the report published by Ministerio de Salud, Argentina.
