Natural Antimicrobials Market Competition | Size, Value Share and Forecast to 2027

Market Overview

Global Natural Antimicrobials Market is likely to touch USD 860 million at a 7.3% CAGR between 2020 – 2027, as per the recent report by Market Research Future (MRFR). Natural antimicrobials, simply put, are natural or chemical compounds that are added to food products for limiting microbial growth. They are used for preserving taste, enhancing flavor, as well as, other food qualities. Besides, it has other functions like help to reduce spoilage caused by yeast, bacteria, and fungi that boost product shelf-life along with maintaining quality attributes like nutritional value, texture, and color.

On the contrary, stringent regulations may impede the natural antimicrobials market growth over the forecast period.

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COVID-19 Analysis/COVID-19 Impact on Natural Antimicrobials Market

One industry that has been highly affected is the food industry that caters to the consumer’s essential needs. Amid the constant panic and fear of the novel coronavirus, people have become more concerned about their health. This has led to the mushrooming demand for health-promoting ingredients. The guidelines offered by WHO in their coronavirus analysis has suggested people to take immunity-boosting foods. This has increased the demand for natural antimicrobials that have immunity-boosting properties that is being widely used across different food industries including beverages, sweet and savory snacks, meat products, dairy and frozen desserts, bakery and confectionery, and others.

Key Players

Eminent players profiled in the Global Natural Antimicrobials Market Report include Celanese Corp. (U.S.), BASF SE (Germany), Handary SA (Belgium), Cargill, Incorporated (U.S.), Siveele B.V. (the Netherlands), Brenntag AG (Germany), Hansen A/S (Denmark), Galactic S.A. (Belgium), Kemin Industries, Inc. (U.S.), Univar Inc. (U.S.), Royal DSM NV (the Netherlands), and I. du Pont de Nemours and Company (U.S.).

Market Segmentation

The MRFR report offers an inclusive segmental analysis of the Global Natural Antimicrobials Market Report based on application and source.

By source, the natural antimicrobials market is segmented into microorganisms, animals, and plants. Of these, plants source will lead the market over the forecast period. It is likely to grow at a 7.79% CAGR. Growing consumer demand for green label products in the form of preservatives in packed & frozen food products are adding to the growth of the segment.

Region Analysis

Based on the region, the global Covid-19 Analysis on Natural Antimicrobials Market report covers the growth opportunities and recent trends across North America, Europe, the Asia Pacific (APAC), and the Rest of the World. Of these, North America will lead the market over the forecast period. It is likely to grow at an 8.15% CAGR. Increasing consumption in the region, demand for food preservatives that are chemical-free, rising health awareness, and increasing investment and focus to develop new products are factors that are adding to the market growth in the region.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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