SpendEdge’s supply market assessment on food preservatives helps companies in the food and beverage industry to gain a holistic overview of the market and to understand the decisive factors on shortlisting the suppliers.
Food preservatives – market a glance
Food preservatives reduce the growth of microorganisms and changes in texture, color, and taste that eventually make the food unsafe and inedible. These products are extensively used in the food and beverage industry to prevent premature decomposition and preserve texture, essence, edibility, and nutritive value of food products. Food preservation is used to extend the shelf life and prevent bacterial formation in dairy products, bakery products, beverages, snacks, meat, and seafood items. The growing need for expediency and increasing complexities in the food supply chain is augmenting the market for food preservation. The side effects of chemicals and other additives is driving the demand for natural preservatives, and growing awareness about these products will revolutionize the food and beverage industry. Moreover, natural or organic preservatives are gaining popularity in the meat, poultry, and seafood segments as it reduces that risk of food poisoning. The supply market assessment by SpendEdge help companies in the industry to improve their supplier relationship management and cost components for superior contractual terms.
The demand for frozen, packaged, and ready-to-eat food products are driving the demand for food preservation in the market. Urbanization has resulted in new habits and preferences for international food trends that are raising the requirement for products with extended shelf-life. Ready-to-eat meals reduce the cooking, preparation, and clean-up time and are prepared using a microwave in minutes. These meals are prepared in advance and stored in freezers; food preservatives are added to extend the shelf life and ensure the original texture, color, and taste is maintained.
Introduction of predictive microbiology
Predictive microbiology is a food preservation technique with the use of natural ingredients and processed such as salting, drying, and fermentation. The modern model studies the behavior of a bacterial population exposed to a specific environmental condition and then are used in various food and beverages to preserve these products naturally. These new techniques are developed to reduce the use of harmful chemical products and develop sustainable ways to cater to the demands of the industry. The method also focuses on food safety and quality to ensure that there are no side effects of consuming these products.
Solutions SpendEdge offer to businesses
SpendEdge’s recent supply market assessment on food preservation analyzes data from different industry journals and reports, industry databases, white papers, and company presentations to derive important insights into the market. The solutions offered includes:
- Identify the key suppliers in the food preservatives market and negotiate contractual terms
- Provide a thorough understanding of the supplier relationship management and crucial cost components
- Evaluates the decisive factors price negotiation strategies and supplier’s performance criteria
- Help the client build strong and robust supplier relationship model and pricing models
- Provide a complete breakdown of the supply landscape of the food preservatives market in terms of service level agreements
Read our complete case study titled – Supply Market Assessment for Food Preservatives Helps a Food and Beverage Company
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