The global preservative market by 2016 is estimated to be at $2552.4 million growing at a CAGR of 2.5%.
North America stands the largest market followed by Asia-Pacific with a considerable market share.
The emerging markets within Asia-Pacific such as China and India drive the high growth rate.
The growth of 2.2% in Europe is dependent heavily on the natural preservatives.
North America and Asia-Pacific together contribute close to 70% in the global food preservatives market.