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Extraction Solvents Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 – 2028

Market Outlook

The changing lifestyle as well as an increase in the number of working population as changed the dietary habits of the majority of the population. The busy life, as well as an increase in the number of working women, has led to a rise in demand for processed food. Increase in demand and consumption of processed food directly increases the demand for solvents used in processing food.

Extraction is an important part of food processing. Extraction Solvents are a type of solvents that are used during extraction procedure during processing of raw materials of food ingredients. Extraction Solvents are been increasingly used in the processing and production of various food ingredients and products.

Extraction solvents are removed after the processing of the foodstuff, however, may leave some of the residues in the food ingredient or product, in an unintentional but technically unavoidable way. However, with more demand and increasing applications along with technological advances, the global extraction solvents market is expected to grow during the forecast period.

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Growing Demand for Extraction Solvents with Increasing Processed Food Industry

The ever-growing food industry has increased the demand for processed food and ultimately making a positive impact on the extraction solvent market. The rising demand for processed food products or use of processed ingredients in the various recipes has been a major driver for extraction solvent. The increasing number of working people, as well as busy and hectic working, has increased the demand for processed food thus having a positive impact on the extraction solvent market.

Extraction Solvents are used in many aspects of food preparation.  Extraction Solvents are used in the production of various oils, fats, flavorings, essential oils, seed oils, as well as liquid formulation of essences and flavorings. The increasing demand for flavor and fragrance industry, as well as increasing stature of vegetable and essential oils, thus proves to be a positive driver for extraction solvent markets.

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There is an increasing concern of people about the safety of the food products they consume every day as the occurrence of more and more food contamination incidents.

The residues of extraction solvents in food products have alerted food safety and other regulations in various countries, especially in Europe to regulate the use of extraction solvents in food products. These factors impact the market in a negative way.

However, with the increasing number and technological advances the global extraction solvent market is expected to increase in a positive in terms value and volume over the forecast period.

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