Global Food Preservatives Sector Hit $1.35B in 2010

SURREY, United KingdomThe global preservatives market grew an average of 1.3% annually from 2006 to 2010, reaching $1.35 billion in 2010, according to a new market report from Leatherhead Food Research. The report also found the market grew at a slower rate from 2009 to 2010 due to a slowdown in new product development activity by food and drink manufacturers.

The Current & Future Trends in Food Preservatives: Market & Technical Insights" report reveals organic preservatives currently account for more than two-thirds of global market value, with the remainder of the market comprised of inorganic preservatives, including nitrites, nitrates and sulphites.

Key trends impacting the market include demand growth from emerging economies, demand growth for convenience foods, increased demand for natural" products.

This report contains a matrix of preservatives, their manufacturers and current applications across a wide range of sectors (e.g. meat and meat products, beverages and dairy products), and provides an up-to-date understanding of the use of preservatives by the food industry.

The report also highlights recent technological advancements and future trends in food preservatives, and covers topics such as use of marine ingredients and use of nanoparticles. The report also identifies the latest developments in the use of bacteriophages and provides evidence of the role of microbial communication systems in food spoilage.