Antimicrobial Preservatives Market Size to Grow by $ 859.03 mn through 2021-2025
Technavio research projects the antimicrobial preservatives market to grow by $ 859.03 mn, accelerating at a CAGR of almost 5% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Antimicrobial Preservatives Market: Key Market Driver
One of the primary factors that will trigger the growth of the antimicrobial preservatives market size is demand for novel solutions to optimize food supply chains. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
Antimicrobial Preservatives Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Albemarle Corp., Arjuna Natural Pvt Ltd., BASF SE, BRENNTAG AG, Celanese Corp., Clariant International Ltd., Kemin Industries Inc., Koninklijke DSM NV, Lonza Group Ltd., and The Dow Chemical Co. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.
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Technavio has been monitoring the Global Antimicrobial Preservatives Market and is expected to grow by USD 859.03 million, progressing at a CAGR of almost 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report
Antimicrobial Preservatives Market: Demand from the food and beverage sector to drive growth
APAC region will offer several growth opportunities to market vendors during the forecast period. The increased use of antimicrobial packaging across various industries will significantly influence antimicrobial preservatives market's growth in this region. Factors such as demand for novel solutions to optimize food supply chains will offer immense growth opportunities. 49% of the market growth will originate from APAC during the forecast period. China and India are the key markets for antimicrobial preservatives in this region.
This report provides an accurate prediction of the contribution of all the geographic and other segments to the growth of the antimicrobial preservatives market.
Antimicrobial Preservatives Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Albemarle Corp., Arjuna Natural Pvt Ltd., BASF SE, BRENNTAG AG, Celanese Corp., Clariant International Ltd., Kemin Industries Inc., Koninklijke DSM NV, Lonza Group Ltd., and The Dow Chemical Co.are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
For more details on this market: Download a Free Sample Report
Antimicrobial Preservatives Market: Key Highlights of the Report for 2021-2025
