Market Overview:
The global synthetic food antimicrobial market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for processed and packaged foods, which are prone to microbial contamination. In addition, the growing awareness about food safety among consumers is also driving the demand for synthetic food antimicrobials. The type segment of the global synthetic food antimicrobial market is dominated by benzoates, followed by propionates, lactates, acetates and others. Benzoates are used as preservatives in a wide range of foods such as bakery products, beverages and dairy products. They are also used in meat and meat products as they inhibit bacterial growth and extend shelf life. Propionates are mainly used in bakery products as they prevent mold formation on breads and cakes. Lactates are widely used in dairy applications owing to their ability to retard spoilage caused by bacteria and yeasts.
Product Definition:
A synthetic food antimicrobial is a chemical or other agent that is added to foods in order to retard spoilage and the growth of harmful microorganisms. Synthetic food antimicrobials are important because they help ensure the safety and extend the shelf life of foods.
Benzoates:
The global benzoates market is anticipated to grow at a CAGR of XX% from 2016 to 2024. The growing demand for synthetic food additives in the emerging economies of Asia Pacific and Latin America is expected to drive the growth of this industry. Benzoates are used as preservatives in various products including baked goods, canned vegetables & fruits, pickles, sauces & dressing and other dairy products such as cheese & milk.
Propionates:
Propionates are organic compounds and their salts, esters, or amides which have been derived from amino acids. They play an important role in the food industry as preservatives to inhibit the growth of microorganisms such as mold, yeast, bacteria and also to prevent food spoilage.
Application Insights:
Bakery was the largest application segment in the global market and accounted for a revenue share of over 40.0% in 2017. The growth can be attributed to extensive usage of synthetic antimicrobial agents, such as propionates, benzoates, and acetates by major bakery product manufacturers. These ingredients prevent mold or bacteria from growing on bread or other baked products and enhance their shelf life by preventing spoilage microorganisms from developing on food commodities.
The beverages segment is expected to witness significant growth over the forecast period owing to rising demand for flavored water-based drinks across various regions including North America and Europe. In addition, increasing consumption of juices has led to an increased demand for preservatives that are used in these products which will positively impact industry growth over the next few years.
Regional Analysis:
Europe accounted for the largest share of global market in 2017. The region is expected to dominate the industry over the forecast period owing to stringent regulations and standards set by various regulatory bodies, such as E number standardization program initiated by Commission of the European Union (EU), World Health Organization (WHO) and Joint Food & Agriculture Organization/World Health Organization (FAO/WHO). These organizations are working toward ensuring safety of consumers through setting up food-related standards.
Asia Pacific is projected to be one of fastest growing regions during the forecast period due to increasing awareness among consumers regarding synthetic food antimicrobial properties, rising disposable income levels coupled with growth in population. Furthermore, increasing demand for packaged foods such as ready-to-eat meals and processed meats will drive regional market growth over next eight years. Rising consumption of meat products including beef, pork, poultry along with seafood is anticipated to fuel product demand in Asia Pacific region over next eight years.
Growth Factors:
- Increasing demand for food safety and quality: The global synthetic food antimicrobial market is expected to grow at a CAGR of 6.5% from 2016 to 2021. This growth can be attributed to the increasing demand for safe and quality foods across the globe.
- Rising awareness about foodborne illnesses: There has been a rise in the number of cases of foodborne illnesses in recent years, which has led to an increase in awareness about the need for effective antimicrobial agents in foods.
- Growing popularity of ready-to-eat and processed foods: The growing popularity of ready-to-eat (RTE) and processed foods is another major factor driving the growth of the global synthetic food antimicrobial market. These types of foods are often more susceptible to contamination than fresh fruits and vegetables, making them more likely to require antimicrobial treatment.
- Stringent regulations on use of antibiotics in animals: In many countries, there are stringent regulations on the use of antibiotics in animals raised for meat or milk production, as this can lead to antibiotic resistance among humans consuming these products later on.. This is leading processors and manufacturers worldwide towards using synthetic food antimicrobials as a safer alternative to traditional antibiotics.. 5) Technological advancements: The developmentof new technologies that allow for better detectionand identification offood contaminantsis also aidingthe growthoftheglobalsyntheticfoodantimicrobialmarket
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Food Antimicrobial Market Research Report
By Type
Benzoates, Propionates, Lactates, Acetates, Others
By Application
Bakery, Beverages, Dairy, Meat and Meat Products, Others
By Companies
Corbion NV, Kalsec Inc., Siveele BV, SK Capital, Synthite Industries, The Archer-Daniels-Midland Company, Koninklijke DSM NV, DuPont de Nemours Inc., Kemin Industries Inc., Givaduan
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Food Antimicrobial Market Report Segments:
The global Synthetic Food Antimicrobial market is segmented on the basis of:
Types
Benzoates, Propionates, Lactates, Acetates, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bakery, Beverages, Dairy, Meat and Meat Products, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Corbion NV
- Kalsec Inc.
- Siveele BV
- SK Capital
- Synthite Industries
- The Archer-Daniels-Midland Company
- Koninklijke DSM NV
- DuPont de Nemours Inc.
- Kemin Industries Inc.
- Givaduan
Highlights of The Synthetic Food Antimicrobial Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Benzoates
- Propionates
- Lactates
- Acetates
- Others
- By Application:
- Bakery
- Beverages
- Dairy
- Meat and Meat Products
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Synthetic Food Antimicrobial Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Synthetic food antimicrobial agents are chemicals that are used to prevent or reduce the growth of bacteria, fungi, and other microorganisms in foods.
Some of the key players operating in the synthetic food antimicrobial market are Corbion NV, Kalsec Inc., Siveele BV, SK Capital, Synthite Industries, The Archer-Daniels-Midland Company, Koninklijke DSM NV, DuPont de Nemours Inc., Kemin Industries Inc., Givaduan.
The synthetic food antimicrobial market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synthetic Food Antimicrobial Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Synthetic Food Antimicrobial Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synthetic Food Antimicrobial Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Synthetic Food Antimicrobial Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Synthetic Food Antimicrobial Market Size & Forecast, 2020-2028
4.5.1 Synthetic Food Antimicrobial Market Size and Y-o-Y Growth
4.5.2 Synthetic Food Antimicrobial Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Benzoates
5.2.2 Propionates
5.2.3 Lactates
5.2.4 Acetates
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Bakery
6.2.2 Beverages
6.2.3 Dairy
6.2.4 Meat and Meat Products
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synthetic Food Antimicrobial Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Synthetic Food Antimicrobial Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Benzoates
9.6.2 Propionates
9.6.3 Lactates
9.6.4 Acetates
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Bakery
9.10.2 Beverages
9.10.3 Dairy
9.10.4 Meat and Meat Products
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Benzoates
10.6.2 Propionates
10.6.3 Lactates
10.6.4 Acetates
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Bakery
10.10.2 Beverages
10.10.3 Dairy
10.10.4 Meat and Meat Products
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Benzoates
11.6.2 Propionates
11.6.3 Lactates
11.6.4 Acetates
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Bakery
11.10.2 Beverages
11.10.3 Dairy
11.10.4 Meat and Meat Products
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Benzoates
12.6.2 Propionates
12.6.3 Lactates
12.6.4 Acetates
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Bakery
12.10.2 Beverages
12.10.3 Dairy
12.10.4 Meat and Meat Products
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Benzoates
13.6.2 Propionates
13.6.3 Lactates
13.6.4 Acetates
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Bakery
13.10.2 Beverages
13.10.3 Dairy
13.10.4 Meat and Meat Products
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Synthetic Food Antimicrobial Market: Competitive Dashboard
14.2 Global Synthetic Food Antimicrobial Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corbion NV
14.3.2 Kalsec Inc.
14.3.3 Siveele BV
14.3.4 SK Capital
14.3.5 Synthite Industries
14.3.6 The Archer-Daniels-Midland Company
14.3.7 Koninklijke DSM NV
14.3.8 DuPont de Nemours Inc.
14.3.9 Kemin Industries Inc.
14.3.10 Givaduan
