Preservative Blends: Industry Development Trends and Competitive Landscape Analysis

MARKET INTRODUCTION:

Preservatives refer to human-made or natural chemicals, which are added to food items to prevent them from spoilage. Fresh food items are preserved every day by storing food items in the freezer of the fridge. Meats cooked over burning coal or wood or smoking fish are also considered as preservation methods. A preservative is added to different products like food products, beverages, pharmaceutical drugs, paints, biological samples, cosmetics, wood, and many other products that prevent decomposition of microbial growth or undesirable chemical changes.

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MARKET DYNAMICS:

The preservative blends market has witnessed significant growth owing to factors such as the rising prominence of packaged food products due to the changing lifestyle and food preference of consumers. Moreover, the increasing demand for premium personal care products, boosted by the change in consumers' lifestyle due to their rising disposable income, is likely to drive the market. However, increasing the implementation of stringent government rules and regulations regarding these preservatives' usage may restrict the market from growing steadily shortly.

The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the preservative blends market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- BASF SE

- CISME Italy SRL

- ISCA UK Ltd

- Salicylates & Chemicals Pvt. Ltd.

- Schlke Inc

- Sharon Laboratories

- Spectrum Chemical

- The Dow Chemical Co.

- Thor Personal Care

- Troy Corp.