QY Research analysts state that the global Food Preservative market size is estimated to be worth US$ 2718.6 million in 2022 and is forecast to a readjusted size of US$ 3208.5 million by 2028 with a CAGR of 2.8% during the review period. The study comprises market attractiveness analysis, wherein all the segments are benchmarked based on their growth rate. To understand the competitive landscape in the market, of SWOT and Porter’s Five Forces model have been used. The market is gaining recognition due to its ability to increase the shelf life of food ingredients in the overall food & beverages industry boosting its packaged food side of business.