Market Size of Canada Food Preservatives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.32 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Canada Food Preservatives Market Analysis
The Canada Food Preservatives market is projected to witness a CAGR of 4.32% during the forecast period (2020 - 2025).
- Preservatives are a key part of most food products today, due to the time it takes for the product to reach from the factory to consumer homes, thus traveling through a long chain of distributing agents and stockists. Therefore, with the increasing manufacturing of processed food and beverage in Canada, this is driving the demand for the food preservatives market to provide increased shelf life for products.
- Also, there is a growing consumer preference for natural preservatives in Canada due to the risks associated with chemical preservatives which are also influencing the demand for natural food preservatives.
