Processed Food and Beverage Preservatives Market: By Product Type (Natural, Synthetic), By Function (Antimicrobials, Chelating Agents, Antioxidants), By Form (Solid, Liquid), By Application (Bakery, Confectionery, Dairy, Beverages, Meat, Fats and Oils, Frozen Food, Others), and Geography  

Processed Food and Beverage Preservatives Market was valued at USD 2.4 bn in 2022 and is anticipated to grow at USD 3.6 bn by 2029, recording a CAGR of 4.9% during the forecast period 2023-2029. Processed food is the transformation of the ingredients that are cooked, by physical or chemical means into other forms. It involves various activities such as macerating, boiling, emulsification, frying, pasteurization, canning, packaging. The preservatives enables increase the shelf-life of products by protecting them against deterioration caused by microorganisms. Food preservation is considered to be the oldest technology used in the food processing by using various methods such as dehydration, smoking, and heating. To prevent the growth of microbes, preservatives are added to processed foods and beverages. These preservatives, which can be natural or synthetic, are known to extend the shelf life of food without altering its flavour, texture, form, or nutritional content. They also keep the product from becoming hazardous, allowing it to be consumed for longer periods of time. As a result of these factors, the global processed food and beverage preservatives market is expected to rise steadily, according to the research report. The key growth factors for the global market are rising urbanisation and the rise of the working class population. These factors have played a major role in the lack of time available to prepare lavish meals. As a result, many people choose frozen meals and beverages. The worldwide market is also influenced by the effects of global warming, which has resulted in climate changes that have resulted in frequent food rotting. With rising temperatures, it is more important than ever to properly preserve food to avoid it becoming poisonous. Analysts predict that demand for processed food and beverage preservatives will rise as more customers choose to store food for convenience.

The Processed Food and Beverage Preservatives Market Key Developments:

• In July 2016, DSM has launched natural beverage preservation solution for beverages, Delvo Cid+ A