Market Size of South America Food Preservatives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.27 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Food Preservatives Market Analysis
South America Food Preservatives Market is projected to grow at a CAGR of 2.27% during the forecast period 2020-2025.
- The South American market is one of the fastest growing markets for food preservatives. South America is an emerging market with huge potential and strong growth rates.
- The market for food preservatives in South America is mainly driven due to diet and flavor convergence, increasing per capita revenue in emerging economies, and increasing urbanization and growing consumer preference for processed foods.
- Expanding processed foods market, penetration of the organized retail sector, and increasing demand for processed foods are the major factors driving the preservatives market in the region.
