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Over the forecast period (2016–2024), rising demand for processed foods due to a busy lifestyle and an increase in the number of women in the working is expected to fuel growth in the preservatives market. Furthermore, the rising retail industry in emerging nations, as well as the popularity of processed food among the younger generation, are expected to raise demand for processed food, resulting in market growth. The processed food market is expected to reach US$ 88.2 billion by 2024, according to a report done by Coherent Market Insights. Processed foods contain preservatives to improve their overall quality, taste, and shelf life.
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Click here for Preservatives Market Report: https://www.coherentmarketinsights.com/market-insight/global-preservatives-market-264