Food Antiseptic Market Forecast and CAGR
According to the latest research by Transparency Market Research, the food antiseptic market is set to witness steady growth during 2021-2031. Increasing demand for food antiseptics to preserve food products from the fungal infection and to increase the shelf life of products will witness steady recovery in the short term, with an optimistic growth outlook in the long run. The food antiseptic market is growing with remarkable CAGR.
What is Driving Demand for Food Antiseptic?
Food antiseptics are chemicals that could inhibit bacteria growth to preserve food products and it is also useful to extend the shelf life of food products. Some spices act as antiseptic properties. Food spoilage is a major issue for the food and beverages industry which has been lad to food waste also substantial economic losses for manufacturers and consumers, and a negative impact on brand names these are the main driving factors for the global food antiseptic market.
Various stages of the food chain are being affected by fungal contamination which is unhealthy for the consumers. Government regulations about healthy and purify food products help to grow the global food antiseptic market. Strong increasing demand for the ‘clean label’ food products as consumers are seeking natural, organic, less processed and safety ensuring food products has triggered the demand for natural microbial agents used for preserving food products.
According to one of the reports of WHO unsafe food products are the global health threats. Every year 220 million children suffered from diarrheal diseases and foodborne diseases and around 96000 dies. Unsafe food creates various cycles of diarrhea and malnutrition, threatening the nutritional status of the most vulnerable. WHO also favors antiseptic food products.
Reducing Fungal Contamination in Food Products Likely to Augment Food Antiseptic Sales
Fungal development in food products leads to many unwanted side effects such as noticeable flavor, odor, texture changes also visual deterioration, and also cause many negative health impacts by producing mycotoxin with the help of molds. Thus, yeast prevention is necessary which has augmented the food antiseptic sales. Potassium Sorbate is effective against molds, yeast, and many bacteria which are responsible for food wastage.
Nutritional yeast is used to make many fermented food products but it also has many side effects that cause headaches or migraine attacks, unpleasant digestive side-effects, facial flushing, etc. Even many people are suffering from inflammatory bowel disease and yeast intolerance, food antiseptics like boric acid are used to prevent yeast in the food products prevent yeast infection.
US and Canada Food Antiseptic Market Outlook
Busy life style, increasing consumption of confectionery and conventional food products, and illness due to unhealthy consumption of food caused Foodborne illness to the consumers to ensure the safety of the food products antiseptic market is growing in Unites states very significantly.
Among all over the world, the food contamination problem is growing drastically. Public authorities and Government encourage the food and beverages industry to put a limit on the use of chemical antiseptic compounds and encourage to development of natural methods for food preservation.
For the safety of the food products In the United States, ‘Generally Recognized as Safe’ (GRAS) exists for food products and ingredients used in food. This status implies that a given GRAS substance is efficiently shown to be safe under the conditions intended.
Even many antiseptic techniques for natural antiseptics such as fermenters, bioprotective cultures, purified molecules, culture-free supernatant, exhibiting antifungal activities shows a growing interest as an alternative for chemical preservation from health-conscious consumers.
Europe Demand Outlook for Food Antiseptic
Many people in Europe are suffering from food poisoning and foodborne diseases due to bread and meat products majorly consumed and these products have very little shelf life. To extend product shelf life, to provide healthy food products to the consumers, different treatments which include fungicides and chemical preservatives are being used that helps to grow the food antiseptic market in Europe.
COVID-19 has caused an incomparable public health emergency global that has affected almost every industry but increasing demand for healthy and safe products has neutralized the market growth.
Who are the Key Manufacturers and Suppliers of Food Antiseptic?
Key players which are included in the production of the mineral feed supplements products are DSM, Celanese, BASF, Dupont, Akzonobel, Kemin, Cornion, Galactic, Kunda, NTAC, Univar, Tate and Lyle, Wanglong, Hawkins Watts Limited, Danisco, Cargill, and others.
Manufactures and investors invest money to develop the alternatives for the chemical antiseptics and preservatives. Government and other food safety organization also support the manufacturers and suppliers of the antiseptic food products.
- Natural Antiseptics
- Chemical Antiseptics
By Product type
- Potassium sorbate (PS)
- Sodium benzoate (SB)
- Sorbic Acid
- Boric Acid
By End-use Industry
- Food & beverages industry
- Dairy products
- Meat, poultry
- Baked goods
- Confectionary food products
- Conventional food products
- Infant food products
- Animal feed
By Distribution channel
- Business to Business
- Business to Consumer
- Specialty stores
- Online retail
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.