FOOD ANTIMICROBIAL ADDITIVES MARKET ANALYSIS

Leading Companies

Global Food Antimicrobial Additives Market: Key Developments

In August 2018, Chinova Bioworks, a Canadian startup company, secured investment of USD 2 million from DSM Venturing BV. The investment was made for the launch of mushroom-based natural preservatives. The highly effective and natural anti-microbial product provides numerous multi-sector applications in the food industry.

In November 2019, DSM invested USD 166 million to acquire 100% interest from specialty dairy solutions provider Koninklijke CSK Food Enrichment (CSK). The acquisition was led by the company to strengthen its product range and application abilities in numerous food and beverage sectors, including taste, texture, and bio-preservation solutions for semi-hard cheeses.

In January 2019, DuPont Industrial Biosciences announced that they are expanding their research proficiencies in Leiden, the Netherlands at a new facility equipped with cutting-edge biotechnology laboratories. The launch will be beneficial for numerous societal issues, such as decreasing food waste; reducing the environmental impacts of livestock farming and enlightening animal health; producing renewable fuels and depressing environmental impacts in the textile and laundry industries.

In February 2019, DuPont Industrial Biosciences received regulatory approval for two MicroGARD® products, MicroGARD® 100 and MicroGARD® 200, in Thailand from the Thai Food and Drug Administration (FDA). The product will improve profitability for food manufacturers in dairy, culinary, and bakery sectors.