Market Size of Europe Food Preservatives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.23 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Food Preservatives Market Analysis
Europe food preservatives market is projected to grow at a CAGR of 4.23% during the forecast period (2020-2025).
- The natural food preservatives segment is expected to record robust growth during the forecast period, particularly in the developed countries of Europe that have a large number of food companies using natural preservatives in their products.
- In addition to maintaining the quality of the food, specialty preservatives, such as sorbic acid, benzoic acid, nisin, and acetic acid, help control contamination. One group of specialty preservatives and antioxidants also prevent food from becoming rancid or developing an off-flavor.
- With the increasing acceptance of the ready-to-eat (RTE) food in Europe, manufacturers of RTE foods are inculcating clean label ingredients, which offer high nutrient and more shelf life.