According to our latest research, the global food preservatives market size stands at USD 3.2 billion in 2024, with a compound annual growth rate (CAGR) of 5.1% projected through 2033. By the end of the forecast period, the market is expected to reach USD 5.01 billion. The primary growth driver for the food preservatives market in 2024 is the increasing demand for processed and convenience foods, which require effective preservation to extend shelf life and maintain food safety. This trend is further supported by rising consumer awareness about foodborne illnesses and the need for maintaining food quality during storage and transportation. https://growthmarketreports.com/report/food-preservatives-market-australia-industry-analysis