Preservatives are substances or
chemicals that are applied to pharmaceuticals, food, beverages, paints,
cosmetics, and wood in order to prevent microbial development and undesired
physical and chemical changes. There are two types of preservatives: natural
and synthetic, both of which are employed to improve the quality of the final
product. Antioxidants, vitamin E, rosemary extracts, and seed extracts are all
natural preservatives that are frequently sourced from plant sources. Chemical
components processed and added to the ultimate product include benzoic acid,
sodium nitrite, sulphur dioxide, and potassium sorbate, among others. Growing
health concerns among the world's population has resulted in a rise in demand
for natural preservatives, which is driving the preservatives industry forward.
The growing food sector in emerging economies such as India and China is
helping to drive the global preservatives market forward.
The preservatives
market is divided into two categories based on function: antibacterial
and antioxidants. Antimicrobial preservatives are preservatives that are added
to end products to stop bacteria from growing. Benzoic acid, lactic acid,
nitrate, nitrite, propionic acid, and sulfites are some of the major
antimicrobial agents used as preservatives. Antioxidants are preservatives that
are used to prevent food from oxidising, especially when it is stored. Foods
with a high fat content are more likely to be harmed during the oxidation
process. Antioxidants are utilised in these foods to slow down the oxidation
process and extend the shelf life of packaged foods. Vitamin C, Vitamin E,
carotenoids, lutein, selenium, and lycopene are some of the most common
antioxidants used as preservatives.
Preservatives Market Outlook
Over the forecast period (2016–2024),
rising demand for processed foods due to a busy lifestyle and an increase in
the number of women in the working is expected to fuel growth in the
preservatives market. Furthermore, the rising retail industry in emerging
nations, as well as the popularity of processed food among the younger
generation, are expected to raise demand for processed food, resulting in
market growth. The processed food market is expected to reach US$ 88.2 billion
by 2024, according to a report done by Coherent Market Insights. Processed
foods contain preservatives to improve their overall quality, taste, and shelf
life.
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