Preservatives Market|Value Chain Analysis & Company overview 2018

Global Preservatives Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are increasing across the globe. A preservative is a substance or a chemical that is added to products such as pharmaceutical drugs, food, paints, beverages, biological samples, wood, cosmetics, and many other products to avoid decay by microbial growth or by undesirable chemical variations.

In general, preservation is executed in two modes; physical and chemical. Chemical preservation involves addition of chemical compounds to the product. Physical preservation needs procedures such as drying or refrigeration. The preservatives reduce the risk of microbial spoilage, food borne infections, and preserve fresh characteristics and nutritional quality of the product. Preservatives Industry is categorized based on product type, applications, and geography. Preservatives Market is categorized based on product types such as Organic Solvent Preservatives, Inorganic Preservatives, Ester-Type Preservatives, and Natural Antiseptic. Preservatives Market is categorized based on food application into Bakery and confectionery, Beverages, Snacks, Dairy & frozen products, Meat, Milk products, Oils & fats, Fruits and Vegetables, Poultry & sea food, Other Applications.

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Preservatives Industry is categorized based on geography into Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern Europe).

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North America has been at the forefront with regards to Preservatives Industry and will continue to rule the roost in the years to come. Some of the key players that fuel the growth of the Preservatives Market include BASF SE, Brenntag AG, Archer Daniels Midland, Kerry Group, Cargill In, Celanese Corp, Corbion NV, Chr. Hansen A/S, Danisco, DuPont, Galactic SA, DSM Food Specialties BV, Kemin Industries, Hawkins Watts, Univar, Tate And Lyle PLC. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.