Preservatives market expansion is anticipated to be fueled by rising demand for processed foods as a result of busy lifestyles and an increase in the number of women working (2016–2024). The appeal of processed foods among the younger generation and the expanding retail sector in emerging nations are also contributing to an increase in demand for processed food, which is expected to fuel market expansion. Processed food uses preservatives to improve its overall quality, flavour, and shelf life.
According to the Food and Drug Administration, a chemical preservative must adhere to the purity requirements in 21 CFR 172 or the Food Chemicals Codex. Preservative market growth is anticipated to be somewhat constrained by the constraints placed on their use.
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