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Food Preservatives Market Report, Upcoming Trends, Demand, Regional Analysis and Forecast 2024 the global food preservatives market to grow at a CAGR of around 4% during the next five years. BriefingWire.com, 4/15/2021 - According to the latest report by IMARC Group, the Global Food Preservatives Market grew at a CAGR of around 4% in value terms during the historical period of 2015-2020. Looking forward, the market is expected to continue its moderate growth during the next five years. Food preservatives refer to chemical substances added into beverages and processed food to prevent harmful microorganisms from growing and deterioration, contamination, and spoilage of ingredients. Vinegar, sugar, salt, nitrites, citric acid, calcium propionate, etc., are some of the commonly used preservatives. They aid to decrease wastage, assure safety, enhance supply, and extend the shelf-life of the food.

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