Food Preservatives Market is Expected to reach USD 3.2 billion by 2025
Food Preservatives Industry Overview The global food preservatives market size was valued at USD 2.5 billion in 2019 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.1% from 2020 to 2027. Food preservatives are the products incorporated during food processing to increase its stability and to avoid spoilage. They are added in small quantities to various types of food depending on the need. Traditionally, salt, sugar, and spices were used to preserve meat and other food types. Food preservatives prevent the growth of microorganisms and thus inhibit or delay food spoilage. Depending on the degree of toxicity, they are classified into non-toxic and moderately toxic. Non-toxic preservatives can be used in the processing while moderately toxic are regulated by relevant regulatory bodies such as the U.S. Food and Drug Administration (FDA) and European Food Safety Authority (EFSA) and are identified by appropriate index (INS o...