(Food-Beverage-News.Com, July 20, 2017 ) Market Data Forecast recently published a report on the “North America Food Preservatives“ which estimates the market to grow from USD 1.04 billion from 2016 to USD 1.18 billion by 2021 with a high CAGR of 2.51%.
Food Preservatives Market are an important factor in the meat, poultry, & seafood industry. They are added to beef, meat, bacon and other products to destroy toxins and react with proteins. Preservatives reduce pathogen attack and provides a better shelf-life and taste.
The driving factors for the growth of this market are increasing consumption of canned food and processed food, increasing demand of natural preservatives and growing need for enhancing the life shelf of food products. Also government providing funding and new policies fuels the market growth substantially.
The products are segmented based on Type, Function and Application and are studied for a deep-level understanding of the Food Preservatives Market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Geographically, North America market America North America Food Preservatives Market is segmented into U.S. and Canada. North America is the biggest market in the world with a market share of 33%.
Major companies are partnering with diverse set of suppliers to boost their markets. BASF SE, Cargill Incorporated, and Celanese Corporation are major players in the North America market. Other important companies include Chr. Hansen A/S, Kerry Group, Koninklijke DSM N.V, The Archer Daniels Midland Company, Corbion N.V., DuPont and JEY’S F.I. Inc.
Scope of the North America Food Preservatives Market:
• Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region
• To detect major focus areas of industrial growth Segment-level analysis on basis of product on type, function, and application along with market size forecasts and y-o-y estimations are provided
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• PESTLE and Porter’s Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
• An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape
• Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well.
