Antimicrobial Ingredients Market – Global Industry Analysis, Growth, Segmentation and Forecast (2023-2029)

Antimicrobial Ingredients Market is expected to grow at a CAGR of 12.20% during the forecast period to reach US$ 11.27 Bn. by 2029.

The importance of antimicrobial ingredients in extending the shelf life of cosmetic products is a key factor driving the growth and adoption of these products.

Manufacturers of personal care and cosmetic products are in collaboration with leading scientific research organizations inventing safe products and lowering the adverse properties of existing natural ingredients. Antimicrobial use protects industrial processes, water treatment systems, food processing facilities, and other critical operations.

The global antimicrobial ingredients market growth factors are increase in utilization of antimicrobial additives in plastic products and rise in infectious microorganisms. Antimicrobials found in household and industrial products are regulated as pesticides by the U.S. Environmental Protection Agency (EPA).

In order to bring an antimicrobial product to market, it must be approved by the EPA. In its approval process, EPA assesses the effectiveness of the product and the claims made about the product’s intended use. In addition, healthcare sector is the major end-user of antimicrobial additives owing to rising prevalence of healthcare acquired infection (HAI).

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However, use of antimicrobial additive in surface coatings is less effective in healthcare and food related application, which is the major restraining factor in the global market. Nevertheless, development of natural-based antimicrobial ingredients that are used in the food packaging sector is predicted to show significant growth opportunity during the forecast period.

The report contains detailed analysis of Strengths, Weakness and opportunities of the key players operating in antimicrobial ingredients market. It also provides information on current market trends, competitive ranking analysis, regional bifurcation, turnover forecasts, industry drivers and the key challenges.

The report has profiled more than fifteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analysing the market and estimation the size of the same. The growing healthcare infrastructure in each region is different and focus is given on availability of advanced technology and new techniques.
Antimicrobial Ingredients Market Segment Analysis:
The end use segment was valued $ xx Mn in 2022 and is expected to grow at a faster pace. The demand for safer products in skincare, hair care, oral care and makeup products is high in the market. Certain micro-organisms found in the skin, scalp and nails may also generate malodour and irritation, affecting general health and well-being. Antimicrobials find functional applications in cleansing formulations, deodorants and topical protectant formulations.Poor oral hygiene is the major cause of gum disease. Lifestyle, nutrition and ageing affect the immune response, and increase the risk of gum disease. Antimicrobials target oral pathogens such as Streptococcus mutans, while anti-inflammatory and wound healing extracts offer support to healthy gums and teeth.

In India, turmeric has been known for its cosmetic and wound healing properties since ancient times. The essential oil has been used as a perfume component and studies have shown that it has antibacterial/antifungal, anti-inflammatory and insect-repellent properties, and is effective in the treatment of scabies. Hence the market in APAC region is expected to fuel.

The inorganic type segment led the market and accounted for more than 51.0% share of the global revenue in 2022. High demand for silver-, copper-, and zinc-based additives is projected to fuel the growth of this segment over the forecast period. Silver-based additives are used as antimicrobial agents owing to their properties, such as non-toxicity, continual performance for a long duration, and high thermal stability.
Antimicrobial Ingredients Market Regional Insights:
The Asia-Pacific antimicrobial additives market size is projected to grow at the highest CAGR of xx% during the forecast period and accounting for xx% of antimicrobial ingredients market share. Rising number of end-use industries such as healthcare, food & beverage, construction, and other, are the major antimicrobial additives growth drivers in this region. In addition, rising population in countries such as India and China has increased the tendency of microbial contamination. Thus, antimicrobial additives can inhibit cross contamination and help maintain hygienic conditions, which are considerable factors that are augmenting the antimicrobial additives market in the Asia-Pacific region.
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Antimicrobial Ingredients Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US$ 5.03 Bn.


Forecast Period 2023 to 2029 CAGR:
12.20%
Market Size in 2029:
US$ 11.27 Bn.


 Segments Covered:
by Product
• Inorganic Antimicrobial Additives
• Organic Antimicrobial Additives


by Application
• Plastic
• Paints & Coatings
• Pulp & Paper
• Others


by End-user
• Construction
• Automotive
• Healthcare
• Food & Beverage



Antimicrobial Ingredients Market,by Region
Global Market, by Region• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Antimicrobial Ingredients Market Key Players are:
• NanoBioMatters Industries S.L
• BASF SE
• RTP Company
• Milliken Chemical
• BioCote Limited
• Microban International
• Clariant AG
• PolyOne Corporation
• Momentive Performance Materials Inc
• Life Materials Technologies Limited
• SteriTouch Limited
• Sanitized AG
• Dow Inc.
• LyondellBasell Industries Holdings B.V.
• Plastics Color Corporation
• Lonza

Frequently Asked Questions:

1. Which region has the largest share in Global Antimicrobial Ingredients Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Antimicrobial Ingredients Market?
Ans: The Global Antimicrobial Ingredients Market is expected to grow at a CAGR of 12.20% during forecast period 2023-2029.

3. What is scope of the Global Antimicrobial Ingredients market report?
Ans: Global Antimicrobial Ingredients Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Antimicrobial Ingredients market?
Ans: The important key players in the Global Antimicrobial Ingredients Market are – NanoBioMatters Industries S.L, BASF SE, RTP Company, Milliken Chemical, BioCote Limited, Microban International, Clariant AG, PolyOne Corporation, Momentive Performance Materials Inc, Life Materials Technologies Limited, SteriTouch Limited, Sanitized AG, Dow Inc., LyondellBasell Industries Holdings B.V., Plastics Color Corporation, Lonza, and

5. What is the study period of this market?
Ans: The Global Antimicrobial Ingredients Market is studied from 2022 to 2029.