What is Global Natural Antimicrobial Agents Market?
The Global Natural Antimicrobial Agents Market is a vast and dynamic sector that has been gaining significant attention in recent years. Natural antimicrobial agents are substances derived from natural sources that inhibit the growth of microorganisms, making them an essential component in the fight against harmful bacteria and fungi. These agents are used in a variety of industries, including food and beverage, healthcare, and personal care, due to their effectiveness and the growing consumer preference for natural products. The market for these agents is global, with demand stemming from various regions around the world. As of 2023, the market was valued at US$ 136.7 million and is projected to reach US$ 184.3 million by 2030, growing at a CAGR of 4.2% during the forecast period. This growth is driven by factors such as increasing awareness about the benefits of natural antimicrobial agents and the rising prevalence of diseases caused by harmful microorganisms.
Plant Extracts, Plant Derivatives, Others in the Global Natural Antimicrobial Agents Market:
The Global Natural Antimicrobial Agents Market is segmented based on the type of natural antimicrobial agents, which includes plant extracts, plant derivatives, and others. Plant extracts are substances obtained from plants that have antimicrobial properties. These extracts are used in a variety of applications, including food preservation, personal care products, and healthcare. Plant derivatives, on the other hand, are substances derived from plants that have been processed in some way to enhance their antimicrobial properties. These derivatives are used in a similar range of applications as plant extracts. The 'others' category includes a variety of other natural antimicrobial agents, such as those derived from animals or microorganisms. Each of these segments has its own unique market dynamics, with different factors influencing their growth.
Skin Care, Hair Care, Others in the Global Natural Antimicrobial Agents Market:
The Global Natural Antimicrobial Agents Market finds its application in several areas including skin care, hair care, and others. In the realm of skin care, these agents are used in products like creams, lotions, and serums to prevent the growth of harmful bacteria, thereby promoting healthier skin. In hair care, they are used in products like shampoos and conditioners to maintain scalp health and prevent issues like dandruff and scalp infections. The 'others' category includes a variety of other applications, such as food preservation and healthcare. Each of these applications contributes to the overall growth of the market, with different factors influencing their individual growth rates.
Global Natural Antimicrobial Agents Market Outlook:
The market outlook for the Global Natural Antimicrobial Agents Market is positive, with significant growth expected in the coming years. As of 2023, the market was valued at US$ 136.7 million and is projected to reach US$ 184.3 million by 2030, growing at a CAGR of 4.2% during the forecast period. This growth is expected to be driven by factors such as increasing consumer awareness about the benefits of natural antimicrobial agents and the rising prevalence of diseases caused by harmful microorganisms. The market is dominated by the top three players, who collectively hold a market share of about 46%. In terms of regional distribution, Europe is the largest producer and consumer of natural antimicrobial agents, accounting for about 36% and 40% of the global production and consumption respectively. This is followed by North America and Japan, which account for 35% and 8% of the global production and consumption respectively.
| Report Metric | Details |
| Report Name | Natural Antimicrobial Agents Market |
| Accounted market size in 2023 | US$ 136.7 million |
| Forecasted market size in 2030 | US$ 184.3 million |
| CAGR | 4.2% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption 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 |
