Latin America Processed Food & Beverage Preservatives Market was worth USD 270 million in 2021 and is estimated to be growing at a CAGR of 2.1%, to reach USD 300 million by 2027.
The processed food & beverage preservatives market has grown gradually in the recent years. It has an impact on food for maintaining the quality, flavour, and taste of the food, which has resulted in its high demand across the world. This is because of the requirement for food products that are needed to have a long shelf life for convenience of food.The market is propelled by factors like demand for convenience food products & foods with long shelf-life, and the growing usage of natural preservatives in the meat & poultry. The huge growth potential in the developing markets and a lot of potential untapped in some regions provides new growth opportunities for market players.
on the basis of Type
Natural & Chemical
Based on Function
Antimicrobial
Antioxidant
on the basis of Application
Oil & Fat
Bakery
Dairy & frozen
Snack
Meat
Poultry & Seafood
Confectionery
Mexico
Brazil
Argentina
Akzo Nobel N.V.,
Danisco A/S,
Cargill,
Incorporated,
Univar Inc.,
Koninklijke DSM N.V.
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