Food antimicrobial additives are chemical substances that have a protective effect on foods and food products. They are commonly used as antimicrobials in beverages, cheese, bakery items, meat products and processed vegetables to reduce the growth of microorganisms that may cause spoilage and diseases. They are also used as preservatives to extend the shelf life of food and prevent bacterial contamination during storage. They can be classified into several types such as benzoates, sorbates, propionates, lactates, nitrates, and acetates.
Market Dynamics:
The food antimicrobial additives market is expected to grow with a rapid pace in the coming years. The demand for these additives is increasing due to increased consumer awareness and the global burden of foodborne illnesses. According to WHO estimates, around 125,000 children die from food-borne illnesses each year, primarily caused by contaminated food. In response to this growing concern, the food industry is developing various antimicrobial additives that are natural and can be incorporated into food and beverage products.
On the other hand, strict regulations regarding the use of antimicrobial in food is expected to hinder market growth.
Key features of the study:
- This report provides in-depth analysis of the global food antimicrobial additives market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global food antimicrobial additives market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Koninklijke DSM NV, The Archer Daniels Midland Company, BASF SE, DuPont de Nemours Inc., Corbion NV, Galactic, Jungbunzlauer Suisse AG, Celanese Corporation, Siveele BV, Shandong Freda Biotechnology Co. Ltd, Zhengzhou Bainafo Bioengineering Co. Ltd, Albemarle Corporation, Kerry Group, Third Wave Bioactives, and Mezzoni Foods
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global food antimicrobial additives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global food antimicrobial additives market
Detailed Segmentation:
- Global Food Antimicrobial Additives Market, By Type
- Global Food Antimicrobial Additives Market, By Application
- Bakery and Confectionery
- Dairy Products
- Snacks and Savory
- Beverages
- Meat and Meat Products
- Other Applications
- Global Food Antimicrobial Additives Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company profile:
- Koninklijke DSM NV
- The Archer Daniels Midland Company
- BASF SE
- DuPont de Nemours Inc.
- Corbion NV
- Galactic
- Jungbunzlauer Suisse AG
- Celanese Corporation
- Siveele BV
- Shandong Freda Biotechnology Co. Ltd
- Zhengzhou Bainafo Bioengineering Co. Ltd
- Albemarle Corporation
- Kerry Group
- Third Wave Bioactives
- Mezzoni Foods