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MEXICO FOOD PRESERVATIVES MARKET-GROWTH, TRENDS AND FORECAST (2020 - 2025)

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Preservatives are a key part of most food products today, due to the time it takes for the product to reach from factory to consumer homes, thus traveling through a long chain of distributing agents and stockists. This drives the demand for food preservatives market to provide an increased shelf life for products. North America held the largest market share in 2016 and is expected to remain as the market leader in 2022. North America recorded largest market size of USD 753 million in 2016 and is expected to reach USD 944 million by 2022. Mexican regulations define a food additive as a substance that is added directly to food and beverages during their manufacture in order to provide or intensify aroma, color, or flavor, to improve their stability or preservation.

High demand for packaged and processed foods is driving the market of preservatives in North America. For major fruit producers North America has an export share of 32%, thereby increasing the demand for preservatives. However, there is growing consumer preference for natural preservatives due to the risks associated with chemical preservatives. Another restrain comes in the form of complex US regulatory process, which makes it difficult for producers to register new innovative natural preservatives in the market. 

The market is segmented as natural and chemical preservatives, with the natural preservatives seeing a growing trend due to antioxidants and microbial preservatives .The EU has banned horsemeat imports from Mexico, including meat from horses of US origin, after fears they may threaten food safety.The major players in the market are Brenntag, PuracBiochem, Cargill and Kerry group. The strategies used by companies are the increase in Research and Development expenditure to innovate products under the natural preservatives segment to meet the growing consumer preference.

In this report we offer, 

1 Market Definition for the specified topicalong with,identification of key drivers and restraints for the market.
2 Market analysis for the Mexico Food Preservatives Market, with region specific assessments and competition analysis on a global and regional  scale.
3 Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional  scale.
4 Extensively researched competitive landscape section with profiles of major companies along with their share of markets. 
5 Identification and analysis of the Macro and Micro factors that affect the Mexico Food Preservatives Market on both global and regional scale.
6 A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. 

Why should you buy this report?

1 For getting a comprehensive overview of the Mexico Food Preservatives  Market.
2 To gain wide ranging information about the major players in this industry and the strategies adopted by them. 
3 To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.

 

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