Global Natural Antimicrobials Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
Global Natural Antimicrobials Market: Overview
“The global Natural Antimicrobials Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Natural antimicrobials are chemical or natural compounds which are added to food products to restrict microbial growth. These natural antimicrobials are used to preserve taste, enhance flavor, and other food qualities. Moreover, it has various functions such as spoilage reduction caused by fungi, bacteria, and yeast which increases product shelf-life and also maintains quality attributes such as color, texture, and nutritional value.
Global Natural Antimicrobials Market: Dynamics
Packaged foods contain various preservatives and additives to maintain quality and to reduce spoilage by microorganisms, which is expected to fuel demand for natural antimicrobials in the near future. In addition, increasing awareness among the consumers and strong R&D activities to satisfy consumers’ demand are some factors expected to boost target market growth.
Increasing demand for organic, gluten-free, and clean-label commodities as well as vegan food products is expected to create an enormous opportunity for the manufacturers of natural antimicrobials. In addition, demand for essential oils and plant extracts is estimated to increase, which is projected to create further opportunities for new players to enter into the market.
A recent trend observed in the target market is researchers from Nanotechnology and Institute of Bioengineering recently developed a method to prevent antimicrobial resistance as well as protect environment from over-use of antibacterial agents.
Global Natural Antimicrobials Market: Segment Analysis
Among the type segments, the plant's segment is expected to hold a significant share in the market over the forecast period.
Among the application type, the dairy & frozen desserts segment dominates the global market and expected to witness significant growth over the forecast period.
Global Natural Antimicrobials Market: Region Analysis
The market in North America is expected to dominate the global natural antimicrobials market over the forecast period. This attributed to rising health awareness and demand for chemical-free food preservatives. New preservative solutions extracted from plant and microbes as well as from herbs & spices is expected to results in increasing revenue in the future. In addition, increasing focus and investment option are strengthening this area for manufacturers to launch new products and expand global footprint.
Asia Pacific natural antimicrobials market is expected to register substantial growth in the global market over the forecast period. Increasing consumption of natural antimicrobials in packed food products in developing countries such as China and India, giving a new way for growth of target market.
A joint initiative of the World Health Organization (WHO) and Drugs for Neglected Diseases initiative (DNDi) encourages research and development activities related to antimicrobial resistance. With this, partnership aims to develop minimum four new treatments and improvement of existing antibiotics by the end of 2023.
Global Natural Antimicrobials Market Segment Analysis:
Segmentation on the basis of Type:
- Microorganisms (nisin, natamycin, undefined microbial fermentates, and others)
- Plants (essential oil, phytoalexins, phenolics, citrus oil, and others)
Segmentation on the basis of Application:
- Bakery & Confectionery
- Dairy & Frozen Desserts
- Meat Products
- Others (Snacks, Beverages)
Segmentation on the basis of Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- I. du Pont de Nemours and Company
- Royal DSM NV
- Univar Inc.
- Kemin Industries, Inc.
- Galactic S.A.
- Hansen A/S
- Brenntag AG
- Siveele B.V.
- Cargill, Incorporated
- Handary SA
- BASF SE
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