Market Size of Asia-Pacific Food Preservatives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.60 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Food Preservatives Market Analysis
The Asia-Pacific food preservatives market is projected to record a CAGR of 3.6% during the forecast period.
- This growth for natural preservative is supported by the key driver, which is mainly spurred by the rising health-conscious population, coupled with increasing concerns over quality and safety standards
- The market is driven by factors, such as high demand for food products with prolonged shelf-life, a rise in the demand for convenience foods, and the use of natural food preservatives for meat and poultry products.
- Food manufacturers face restraint in the natural preservative category, as it is proving to be a challenge to maintain the desired color, flavor, shelf life, and mouthfeel while addressing food safety and security concerns.
