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Food Preservatives Market Share, Growth, Region Wise Analysis of Top Players, Application and Forecasts by 2023

According to a new report published by Allied Market Research, titled, "Food Preservatives Market by Type, Function, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the food preservatives market was valued at $2,271 million in 2016, and is projected to reach $2,714 million by 2023, growing at a CAGR of 2.6% from 2017 to 2023. Asia-Pacific is one of the prominent consumers of food preservatives, accounting for nearly one-third of the total market in 2016.

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