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Anti-Microbial Preservatives are chemical substances that are used to preserve pharmaceutical products, food products, and other perishable organic materials by preventing the buildup of microbes and bacteria on substrates. Parabens are the most widely used preservatives. They are relatively effective against broad spectrum of micro-organism, bacteria, and molds.
Increasing demand of anti-microbial preservatives from food and beverage sector is expected to bolster the market. Growing demand for anti-microbial preservatives attributed to antiseptic, expectorant, digestion improving properties and expands the shelf-life of convenience foods.
However, there are certain stringent regulations regarding the usage and limit of anti-microbial preservatives. This is expected to limit market growth.
Key Market Driver -
Increasing demand from food & beverages sector.
Key Market Restraint -
Stringent regulations and limits set by government organizations.
Based on Type, the global anti-microbial preservatives market is segmented natural and synthetic. Based on application, market is segmented into bakery & confectionery, dairy products, snacks & savory, meat & meat products, beverages and other applications.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global Anti-Microbial Preservatives market consists of global & regional players operating. Some of the key players in the market include DuPont de Nemours Inc, Koninklijke DSM NV, Galactic, Corbion NV, and others.
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold significant share in market attributed to the high demand for clean and labelled anti-microbial preservatives. Asia pacific is anticipated to the increasing demand for convenience foods from densely populated countries like India and China shall drive the regional market. Improving economic condition in Europe shall boost the market growth. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.
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