The Food Antimicrobial Additives Market is expected to grow at a significant growth rate over the analysis period 2022-2028, considering base year as 2021.
Food antimicrobial additives are a type of preservatives that hinder the growth of harmful microorganisms in food, including bacteria and fungi. The market for these additives is growing due to the increased demand for packaged and processed foods, changing lifestyles, concerns about synthetic chemical additives, and greater awareness of the health benefits among consumers worldwide. They play a crucial role in preventing microbial growth in food. However, the meat industry is increasingly avoiding the use of nitrites due to their carcinogenic effects, leading to a higher demand for natural antimicrobial additives like nisin and natamycin to inhibit mould growth.
The Report Will Include A Major Chapter
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
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Market Dynamics and Factors:
The global demand for food antimicrobial additives is increasing due to the growing consumer awareness about their importance. This has led to a higher demand for antimicrobials in the food and beverages sector. The market is primarily driven by the growth of the food and beverages industry, with emerging trends in various food products, beverages, and confectioneries. Food antimicrobials play a crucial role in extending shelf life and ensuring product safety by maintaining better hygiene standards. Moreover, the use of antimicrobial additives in beverages, particularly carbonated drinks and fruit juices, to enhance shelf life is contributing to the overall market growth.
There is an opportunity for manufacturers due to the increasing demand for non-toxic plastics with improved features like hardness, high antimicrobial activity, durability, and transparency. Large-scale plastic and paint coating manufacturers are incorporating antimicrobial additives in products such as medical equipment, bottles, and food packaging. As a result, there is a growing need for innovative and creative products, leading to technological and product advancements and anticipated rapid growth in the coming years.
Top Key Players Covered in The Food Antimicrobial Additives Market:
- DuPont de Nemours Inc. (US)
- PolyOne Corporation (US)
- NanoBioMatters Industries S.L (Europe)
- BASF SE (Germany)
- Microban International (US)
- Sanitized AG (Switzerland)
- LyondellBasell (Netherlands)
- Avient Corporation (US)
- Biocote (UK) and Milliken Chemical (US)
- Steritouch (UK)
- Dunmore Corporation (US)
- Linpac Senior Holdings Ltd (UK)
- Mondi Plc (UK) And Other Major Players.
The Food Antimicrobial Additives Market Report Highlight:
- By Type, Benzoate is anticipated to dominate the market in the forecast period. Benzoates have strong antimicrobial and anti-fungal properties, making them effective preservatives to extend the shelf life of food by inhibiting yeast, mold, and fungi growth. They are commonly used in fruit juices, salad dressings, soft drinks, jams, and jellies. Benzoate salts also prevent bacterial spoilage during production, ensuring freshness until consumption.
- By Application, the Beverages segment is expected to dominate the market over the forecast period. Food antimicrobial additives are widely used in beverages to extend shelf life, particularly in carbonated drinks and fruit juices, without altering taste or smell. The bakery and confectionery industry has also seen increased usage of these additives to prevent microbial growth.
- Asia Pacific region is anticipated to dominate the market over the forecast period. The demand for bakery products is rising due to evolving lifestyles, health awareness, and increasing sales of food and beverage products in countries like India, Japan, and China. Japan, ranked second in Southeast Asia Pacific, is among the top five markets for baked products and is expected to see high demand for antimicrobial food additives in the future.
Key Industry Development:
In April 2023, Clariant announces the grand opening of its new CATOFIN catalyst plant in China. This investment is part of their strategy to strengthen our regional footprint and increase the share of local production in China with leading catalysts technology in a strongly growing segment.
Food Antimicrobial Additives Market Segmentation:
- Meat and Meat Products
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For this report, Introspective Market Research has segmented the Food Antimicrobial Additives Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)
- The U.S.
- Rest Of Europe
- Rest of APAC
Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of SA
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Scope of the Report:
The latest research on the Food Antimicrobial Additives market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Food Antimicrobial Additives industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Food Antimicrobial Additives market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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