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Canada Food Preservatives Market Research Report, 2028

Canada Food Preservatives Market Research Report, 2028

Actual Market Research 31-07-2023 63 Pages Figures : 5 Tables : 16 Region : North America Country : Canada Category : Food & Beverages Food

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In Canada the rising demand for processed and convenience foods have driven the need for effective food preservation methods. Food preservatives play a critical role in extending the shelf life of these products and ensuring their availability across various regions. Busy lifestyles and time constraints have led to an increased preference for ready-to-eat and easy-to-prepare foods. Food preservatives enable manufacturers to produce products that can be stored and consumed over an extended period without compromising quality or safety. Canada is a significant player in the global food trade, both as an importer and exporter. Preservatives are essential for maintaining the quality and safety of food products during international transportation and distribution. The need for convenience and on-the-go foods aligns with the use of food preservatives, which enable the production of products that can be easily stored and consumed without refrigeration or additional preparation. Canada's growing interest in functional foods and nutraceuticals, which offer health benefits beyond basic nutrition, has led to the use of preservatives to maintain the potency of bioactive compounds. The popularity of home meal kits and meal delivery services has increased in Canada. Preservatives are essential in these services to maintain the freshness and safety of ingredients during transit and storage. According to the research report "Canada Food Preservative Market Research Report, 2028," published by Actual Market Research, the Canada Food Preservative market is expected to add USD 39.67 Million from 2023 to 2028. The food industry in Canada was investing in research and development to discover new preservation technologies and improve existing ones. Innovations aimed at extending the shelf life of products without compromising quality or safeties were gaining attention. Canada's commitment to sustainability influenced the food industry, including the use of preservatives. Manufacturers were exploring environmentally friendly preservation methods that align with global sustainability initiatives. The diverse cultural landscape in Canada led to an increased demand for preserved ethnic and traditional foods. Food preservatives played a vital role in maintaining the authenticity and quality of these foods. With the growing interest in plant-based diets and sustainable food practices, there was an increasing demand for plant-derived food preservatives, such as rosemary extract, acerola cherry extract, and grape seed extract. The rising demand for functional and health foods, such as protein bars, granola, and fortified products, drove the use of preservatives to maintain the nutritional integrity and extend the shelf life of these products. Based on Product Type the market is divided into Synthetic and Natural. Synthetic preservatives offer a diverse range of options with various antimicrobial and antioxidant properties. These preservatives are effective in inhibiting the growth of microorganisms such as bacteria, yeast, and mold, which helps extend the shelf life of a wide variety of food products. Many synthetic preservatives have been in use for a long time and have undergone rigorous testing for safety. As a result, they have received regulatory approvals from authorities like Health Canada and the U.S. Food and Drug Administration (FDA). These approvals provide confidence to both food manufacturers and consumers about the safety of using synthetic preservatives in food products. In addition, the health and wellness trend has had a significant impact on consumer behavior in Canada. Natural food preservatives, derived from plant extracts, herbs, spices, and other natural sources, are perceived as healthier alternatives to synthetic preservatives, as they do not contain artificial chemicals or additives. With the increasing demand for organic and non-GMO food products, natural food preservatives are preferred, as they align with the principles of organic and non-GMO certifications. Antimicrobial preservatives are primarily used to inhibit the growth of microorganisms, such as bacteria, yeast, and molds, in food products. They help maintain the microbial safety of foods and extend their shelf life by preventing spoilage and degradation caused by microbial activity. Antimicrobial preservatives find application in a wide range of food products, including baked goods, dairy products, meat, poultry, seafood, beverages, and processed foods. Their versatility makes them indispensable for multiple segments of the food industry. In addition, as consumers in Canada prioritize natural and clean label products, there is a rising demand for food preservatives sourced from natural ingredients. Antioxidants derived from natural sources, such as plant extracts, herbs, and spices, align with this trend and are favored over synthetic alternatives. The demand for functional foods and nutraceuticals, which offer specific health benefits beyond basic nutrition, is increasing in Canada. Antioxidants are commonly used in these products to enhance their health-promoting properties. Canada has a robust food safety regulatory system overseen by Health Canada and the Canadian Food Inspection Agency (CFIA). The use of food preservatives is regulated to ensure that they are safe for consumption and do not exceed approved limits. Preservatives that have undergone thorough safety assessments are permitted for use in specific food categories. Furthermore, Health Canada's Bureau of Chemical Safety is responsible for the evaluation and regulation of food preservatives. This bureau ensures that all preservatives meet safety standards and comply with regulatory requirements. Moreover, Health Canada may recognize certain food preservatives as "Generally Recognized as Safe" based on established scientific evidence and historical use. This designation applies to substances that have a long history of safe use in food. The Canadian regulations on food preservatives are often aligned with international standards to facilitate global trade and ensure consistency in food safety measures. Based on Application the market is divided into Meat, Poultry, and Seafood Products, Beverages, Confectionery, Bakery Products, Snacks, Dairy and Frozen Products and Other Applications (Fruits and Vegetables, Sauces and Condiments, Eggs, Baby Food, Pet Food, Functional Foods, Health and Nutritional Supplements, etc.) Meat, poultry, and seafood products are highly perishable and prone to rapid spoilage due to their high moisture content and nutrient-rich composition. Preservatives are essential for extending the shelf life of these products and preventing bacterial growth that could lead to foodborne illnesses. Canada places a high priority on food safety and quality assurance. The use of preservatives in meat, poultry, and seafood products ensures that these perishable items remain safe and of high quality throughout their distribution and storage. The demand for processed and ready-to-eat meat, poultry, and seafood products has been on the rise. Preservatives play a vital role in ensuring the safety and quality of these products, which are often consumed without further cooking. Furthermore, Dairy products, such as milk, yogurt, cheese, and butter, are staple foods in the Canadian diet. The demand for dairy products has been steadily increasing due to their nutritional value and versatility in various culinary applications. The demand for frozen food products has been increasing in Canada due to changing consumer lifestyles and busy schedules. Preservatives help maintain the quality and safety of frozen dairy products, such as ice cream and frozen yogurt, throughout their shelf life. Considered in this report • Geography: Canada • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Canada Food Preservative market with its value and forecast along with its segments • On-going trends and developments • Top profiled companies • Strategic recommendation By Type • Synthetic • Natural By Function • Antimicrobials • Antioxidants • Other Functions (Color retention, Flavor enhancement, Texture modification, Moisture retention, Stability improvement, etc.) By Application • Meat, Poultry, and Seafood Products • Beverages • Confectionery • Bakery Products • Snacks • Dairy and Frozen Products • Other Applications (Fruits and Vegetables, Sauces and Condiments, Eggs, Baby Food, Pet Food, Functional Foods, Health and Nutritional Supplements, etc.) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Goat Milk Product industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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