The natural antimicrobials market is influenced by various factors that collectively shape its dynamics. One of the primary determinants is the increasing consumer preference for natural and clean-label products. As awareness of health and wellness grows, consumers are seeking alternatives to synthetic antimicrobials, driving the demand for natural alternatives derived from sources like plants, herbs, and essential oils. This shift in consumer behavior is a significant driving force behind the growth of the natural antimicrobials market.
Global concerns about food safety and the need for natural preservation methods contribute to the market dynamics. Natural antimicrobials, such as plant extracts and organic acids, are increasingly recognized for their ability to inhibit the growth of harmful microorganisms in food products without the use of synthetic chemicals. The market is influenced by regulations and standards promoting the use of natural antimicrobials as safe and effective solutions for food preservation.
Technological advancements play a crucial role in the natural antimicrobials market. Innovations in extraction techniques, formulation processes, and delivery systems enhance the efficacy and stability of natural antimicrobial products. Research and development efforts focus on improving the shelf life and performance of these natural alternatives, providing manufacturers with reliable solutions for preserving the quality and safety of various products.
The livestock and agriculture sectors significantly impact the natural antimicrobials market. With a growing emphasis on sustainable farming practices and animal welfare, there is an increasing demand for natural antimicrobials in livestock feed and crop protection. Farmers seek alternatives to traditional antimicrobial agents, leading to the adoption of natural solutions that promote animal health, reduce the need for antibiotics, and contribute to environmentally friendly farming practices.
Government regulations and policies related to food safety and agricultural practices influence the natural antimicrobials market. Compliance with regulatory standards is critical for manufacturers to ensure the safety and efficacy of their products. Government initiatives promoting sustainable agriculture and reducing the use of synthetic chemicals in food production contribute to the market's growth as natural antimicrobials gain recognition as viable alternatives.
Environmental sustainability is a key factor driving the natural antimicrobials market. Consumers and businesses are increasingly concerned about the environmental impact of synthetic chemicals. Natural antimicrobials align with sustainability goals, as they are often biodegradable and pose fewer environmental risks. Manufacturers adopting eco-friendly practices in sourcing, production, and packaging of natural antimicrobial products gain favor among environmentally conscious consumers.
Market factors related to the pharmaceutical and healthcare industries also influence the natural antimicrobials market. The rising awareness of antibiotic resistance and the limitations of conventional antimicrobial drugs have led to a growing interest in natural alternatives. Researchers explore the antimicrobial properties of natural compounds for potential use in pharmaceuticals, contributing to the expansion of the market into the healthcare sector.
Economic considerations, including the cost-effectiveness of natural antimicrobial solutions, impact market trends. The pricing and availability of natural antimicrobial products influence their adoption by food manufacturers, farmers, and other end-users. As economies strive for sustainable and cost-efficient solutions, the market dynamics are shaped by the balance between the effectiveness of natural antimicrobials and their economic feasibility.
Report Attribute/Metric | Details |
---|---|
Market Size Value In 2023 | USD 0.75 Billion |
Growth Rate | 6.37% (2024-2032) |
Natural antimicrobials Market Size was valued at USD 0.75 Billion in 2023. The natural antimicrobials market industry is projected to grow from USD 0.804 Billion in 2024 to USD 1.319 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.37% during the forecast period (2024 - 2032). The food and beverage industry's rising demand for natural antimicrobials, which has increased due to their advantages such as high efficacy, eco-friendliness, and lack of side effects, is one of the major market drivers credited with the market's expansion. Demand for natural antimicrobials is also being fueled by rising knowledge of the health advantages of eating foods with little to no preservatives.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The market CAGR for natural antimicrobials has greater growth potential as a result of rising health awareness among consumers of organic food and clean-label products. As consumers become more conscious of natural ingredients and food additives, the demand for chemical-free products is increasing. Furthermore, it has inspired producers to incorporate natural antimicrobials in their range of food goods. This will probably increase market size during the projected term. In addition, consumers' preferences for convenience foods are growing, which is anticipated to result in a larger natural antimicrobials share in the food and beverage sector over the course of the forecast period. Additionally, the rise in the working population's impact on the demand for food products for consumption on the go is a significant factor in the expansion of the industry.
Furthermore, due to increasing consumer preferences for organic food and products with clean labels among the population, the industry is anticipated to have a higher market value. In addition, one of the key elements driving the need for natural antimicrobials is consumer knowledge of natural components and food additives. According to the India Brand Equity Foundation, the food processing sector is one of the biggest in India and is ranked fifth in terms of exports, anticipated growth, production, and consumption. The food processing sector in India is thought to account for 32% of the nation's overall food market. As a result, it contributes up to 6% of all industrial investment, 13% of India's exports, and close to 8.80% and 8.39% of the Gross Value Added (GVA) in manufacturing and agriculture, respectively. As a result, the market share is increasing together with the expansion of the local industry. Thus, driving the natural antimicrobials market revenue.
The natural antimicrobials market segmentation, based on source includes Plants, Animals and Microorganisms. The microorganisms segment dominated the market. The microscopic organisms that make up natural antimicrobials are capable of creating substances like antibiotics, antivirals, antifungals, and antiprotozoals, among other naturally occurring antimicrobials. Various microorganisms, such as bacteria, fungi, viruses, and parasites, can cause infection, which can be fought off and prevented with the help of these substances.
Figure 1: Natural Antimicrobials Market, by Source, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The natural antimicrobials market segmentation, based on application, includes Bakery & Confectionery, Dairy & Frozen Desserts, Beverages, Snacks, Meat Products, Oils & Fats and Others. The bakery & confectionery category generated the most income. This can be ascribed to growing consumer awareness of the health advantages of whole grains and to an increase in demand for baked goods made with organic ingredients due to concerns over animal welfare and environmental sustainability. Furthermore, over the predicted period, industry growth would also be aided by strict government requirements on hygiene in manufacturing facilities.
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American natural antimicrobials market area will dominate this market. The increased demand for natural food additives among producers of natural antimicrobials is a major factor driving this region's growth in North America. Furthermore, the North American market is thought to be significantly influenced by a nation like the US.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: NATURAL ANTIMICROBIALS MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe natural antimicrobials market accounts for the second-largest market share due to the quick rise in popularity of convenience foods. In addition, the region has been experiencing an increase in demand for bakery, dairy, meat, and other products due to population growth and rising consumer awareness of health and hygiene issues. Further, the German natural antimicrobials market held the largest market share, and the UK natural antimicrobials market was the fastest growing market in the European region
The Asia-Pacific natural antimicrobials market is expected to grow at the fastest CAGR from 2023 to 2032 because there is an increase in local awareness of natural antimicrobials. The desire for organic food products among the demographic is also fueling the growth of the Asia Pacific natural antimicrobials market. Moreover, China’s natural antimicrobials market held the largest market share, and the Indian natural antimicrobials market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the natural antimicrobials market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, natural antimicrobials industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the natural antimicrobials industry to benefit clients and increase the market sector. In recent years, the natural antimicrobials industry has offered some of the most significant advantages to market. Major players in the natural antimicrobials market attempting to increase market demand by investing in research and development operations include Royal DSM NV (Netherlands), Dow DuPont Inc. (US), Univar Inc. (US), Galactic S.A. (Belgium), Kemin Industries Inc.(US), Brenntag AG (Germany), Chr. Hansen A/S (Denmark), Cargill Incorporated (US), Siveele B.V. (Netherlands), and BASF SE (Germany).
Kemin Industries Inc. produces and distributes substances linked to human nutrition and animal health. Its product line includes, among other things, enzymes, probiotics, carotenoids, natural extracts, mould inhibitors, forage preservatives, toxin binders, liquid antibacterial formulations, and antioxidant formulations. These goods are used in a variety of sectors, such as biofuels, personal care, commercial greenhouses, pet food technology, rendering, dietary ingredients, food technologies, and animal nutrition and health.
Formerly known as Univar Inc., Univar Solutions Inc. is a chemical distribution business that offers a variety of industrial chemicals, additives, and customized services. The company's product line consists of inorganic substances, alcohol, acids, bases, surfactants, glycols, and general chemicals. Additionally, the business offers services including digital advertising, also known as e-marketing, of chemicals for its producers, on-site chemical storage for its clients, support services for agricultural retailers, and environmental solutions. Numerous industries are served by Univar Solutions, including those in agricultural, mining, oil and gas, personal care, coatings and adhesives, domestic and industrial cleaning, environmental sciences, food additives, pharmaceuticals, and water treatment.
Natural Antimicrobials Industry Developments
February 2021: DuPont reported that the merger of its subsidiary International Flavors & Fragrances Inc. with its subsidiary Nutrition & Bioscience business operation, valued at USD 45.4 billion, had been completed. With the addition of categories for enzymes, nutrition, soy proteins, cultures, and probiotics, IFF's product line will be expanded by this merger.
June 2020: In Singapore, the well-known business Cargill opened its first innovation hub. It has sought to alter customer perceptions of food safety, flavor, and nutrition while anticipating market dynamics. Additionally, this centre links the company's local clients to ten additional innovation hubs and a network of 2,000 food scientists. By the end of 2020, it is anticipated that this centre would employ close to 20 food scientists.
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)