Published on : Sep 24, 2019
The global preservative blend market is projected to grow at a significant rate in during the projected years 2019 to 2029, states a TMR report.
The preservative blend market is gaining popularity in recent years and indicates a growing trend. Although, preservative market has wide applications, the rising demand for personal care products are expected to drive the global preservative blend market in future.
Natural Plant Based Blends to Promote Market
The preservative blends are of two types one is artificial preservatives and natural preservatives. The rising demand for clean label products are expected to aid in the growth of preservative blend market. It is believed that natural preservatives may not provide longer shelf life. However, it is not the case with Kemin Industries; this company claims to provide extended shelf life to even food products such as sauces and dips for salads.
This unique feature of extended shelf life with may lead to more market players coming up with innovative natural preservative for different applications. Thus, these factors could lead to the expansion of the global preservative blend market in future.
Additionally, a company named Symrise recently launched preservative with benzyl alcohol content. Besides fighting against microorganism, this preservative contains emollient and an antioxidant, resulting in the growth of the global preservative blend market in the future.
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Asia Pacific to Lead Preservative Blend Market
The preservative blend market is likely to be dominated by Asia Pacific in the upcoming years. The growth can be attributed to changing lifestyle and rising demand for convenience food. Also, the rising demand for personal care products and beauty products, thus may aid in the growth of the global preservative blend market.
Some of the prominent players in the global preservative blend market include Salicylates & Chemicals Pvt. Ltd., Sharon Laboratories, Thor Personal Care, Spectrum Chemical, Lonza and CISME Italy SRL.