What is Global Natural Antimicrobial Agents Market?
The Global Natural Antimicrobial Agents Market is a rapidly expanding sector that focuses on the production and distribution of natural antimicrobial agents. These agents are substances derived from natural sources that inhibit the growth of microorganisms, making them essential in various industries such as healthcare, food and beverage, and cosmetics. The market's value was estimated at US$ 136.7 million in 2022, and it is projected to reach US$ 184.3 million by 2029. This growth is primarily driven by the increasing demand for natural and organic products, coupled with the rising awareness about the harmful effects of synthetic antimicrobial agents. However, the market's growth is not uniform across the globe. Europe holds the largest share of the market, followed by North America and Japan.
Plant Extracts, Plant Derivatives, Others in the Global Natural Antimicrobial Agents Market:
The Global Natural Antimicrobial Agents Market is segmented into plant extracts, plant derivatives, and others. Plant extracts are substances obtained from plants that possess antimicrobial properties. They are widely used in various industries due to their effectiveness and minimal side effects. On the other hand, plant derivatives are substances derived from plants that have been modified to enhance their antimicrobial properties. They are typically more potent than plant extracts but may have more side effects. The "others" segment includes various other natural antimicrobial agents that do not fall into the previous categories. Despite the differences, all these segments play a crucial role in the market and contribute to its growth.
Skin Care, Hair Care, Others in the Global Natural Antimicrobial Agents Market:
The Global Natural Antimicrobial Agents Market finds extensive application in skin care, hair care, and other areas. In skin care, these agents are used in products like creams, lotions, and cleansers to prevent the growth of harmful microorganisms, thereby maintaining skin health. In hair care, they are used in shampoos, conditioners, and other products to keep the scalp clean and free from infections. The "others" category includes various other applications of natural antimicrobial agents, such as in oral care products, wound care products, and food preservatives. Despite the diverse applications, the demand for these agents is consistently high, contributing to the market's growth.
Global Natural Antimicrobial Agents Market Outlook:
The outlook for the Global Natural Antimicrobial Agents Market is positive, with steady growth expected in the coming years. The market was valued at US$ 136.7 million in 2022 and is projected to reach US$ 184.3 million by 2029, growing at a CAGR of 4.2% during the forecast period. This growth is primarily driven by the increasing demand for natural and organic products, coupled with the rising awareness about the harmful effects of synthetic antimicrobial agents. However, the market's growth is not uniform across the globe. Europe holds the largest share of the market, followed by North America and Japan. Despite the differences, the overall outlook for the market is positive, with significant growth opportunities in the coming years.
| Report Metric | Details |
| Report Name | Natural Antimicrobial Agents Market |
| Accounted market size in 2023 | US$ 144.3 million |
| Forecasted market size in 2029 | US$ 184.3 million |
| CAGR | 4.2 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Ashland, DuPont Nutrition & Biosciences, Evonik, Chemipol, Evident Ingredients, Akema Fine Chemicals, SEPPIC, Active Micro Technologies, Vedeqsa, Sabinsa, Minasolve, Troy Corporation, Micro Science Tech |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
