Natural Antimicrobials Market is expected to grow at a CAGR over 7.38% from 2017 to 2023

Natural antimicrobials are chemical or natural compounds which are primarily added to food products in order to restrict the microbial growth. They are used to preserve flavor, taste, and other food qualities. Also, natural antimicrobials help in reducing spoilage caused by bacteria, fungi, and yeast which increases the product shelf-life.
This report includes a study of strategies used in the market, mergers and acquisitions, and multiple product launches by natural antimicrobials market players. It further includes product portfolios and developments of leading players, which includes
  • du Pont de Nemours and Company (U.S.)
  • Royal DSM NV (the Netherlands)
  • Univar Inc. (U.S.)
  • Kemin Industries, Inc. (U.S.)
  • Galactic S.A. (Belgium)
  • Hansen A/S (Denmark)
  • Brenntag AG (Germany)
  • Siveele B.V. (the Netherlands)
  • Cargill, Incorporated (U.S.)
  • Handary SA (Belgium)
  • BASF SE (Germany)
  • Celanese Corp. (U.S.)
The global natural antimicrobials market is segmented into type and application.
Among the type, the plant-based natural antimicrobials segment is anticipated to retain its dominance throughout the forecast period. Also, the segment is projected to register a healthy CAGR of 7.79% during the given period due to increasing consumer demand for green label products as a preservative in packed and food frozen products. Among application of natural antimicrobials, the dairy & frozen desserts segment is accounting for approximately 27.57% market share followed by the beverages accounting for 21.24% of the global natural antimicrobials market.
The global natural antimicrobials market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, North American region is dominating the market over the forecast period. The market is projected to grow at a CAGR of 8.15% during the review period. This is attributed to high consumption of natural antimicrobials in this region. Furthermore, Asia Pacific is projected to witness the highest growth rate during the forecast period 2017-2023. In Asia Pacific, China is dominating the market with market share of 40% in the year 2017.
Market Research Future published a cooked research report on the Global Natural Antimicrobials Market volume which is estimated to grow at 7.38% by 2023.

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