Home Press Releases Natamycin Market Size Worth $94.28 Million By 2032 | CAGR: 3.4%

Natamycin Market Size Worth $94.28 Million By 2032 | CAGR: 3.4%

The global natamycin market size is expected to reach USD 94.28 million by 2032, according to a new study by Polaris Market Research. The report “Natamycin Market Share, Size, Trends, Industry Analysis Report, By Form (Liquid, Powder); By Application; By Type; By Region; Segment Forecast, 2023 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The increase in demand is anticipated to be fueled by the growing global population as well as rising consumer demand for dairy and meat products. Additionally, it is anticipated that the market will grow primarily due to the expansion of the use of antifungal pharmaceutical products. For instance, in December 2019 Royal DSM, a company in the nutrition and health sectors that are committed to leading in sustainable living, acquired Royal CSK. The DSM has improved its capacity to meet the demand of the dairy industry with this acquisition.

 

The development of new products that use stabilizing additives to increase their stability and shelf life represents a potential market opportunity for further demand expansion. As a result of its use in a variety of industries, including medicine for the treatment of fungal infections, healthcare, & personal care again for the survival of beauty products, animal feed, poultry, & agriculture for the preservation of crops.

 

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Additionally, the demand for natamycin is expected to rise significantly as a result of its use in numerous sectors, including agriculture, health, and personal care, animal feed, poultry, and medicine for treating fungal infections. The European Food Safety Authority is one independent organization that has approved natamycin as safe, which has increased its acceptance in the preservation industry. Together, these elements will probably increase the demand for natamycin shortly.

 

Natamycin Market Report Highlights

  • Food & Beverage Industry segment is anticipated to expand at a high CAGR. Various products include natamycin as a preservative.
  • The liquid segment dominated the substrate market in 2022 and is anticipated to continue dominating over the forecast period due to some factors including affordability, high shelf life, and ease of maintenance.
  • Asia Pacific held the largest market share and it is also anticipated to grow at the fastest rate. The population is expanding, and demand for dairy and meat products is rising, which can be attributed to this growth.
  • The global players include AMTECH BIOTECH Inc., Beijing Oriental Rada Corporation, Chiron Limited, Danisco Inc., DSM Corporation, Handary Group, Jiaozuo Join care Limited, Lanzhou Weiri Corp, Langfang Meihua Ltd, Pucheng Life come Ltd, Silver-Elephant Inc., and Zhengzhou New Frey

 

Polaris Market Research has segmented the Natamycin Market report based on form, application, type, and region:

 

Natamycin Market, Form Outlook (Revenue – USD Million, 2023 – 2032)

  • Liquid
  • Powder

Natamycin Market, Application Outlook (Revenue – USD Million, 2023 – 2032)

  • Food and Beverages
    • Beverages
      • Alcoholic
      • Non-alcoholic
    • Animal feed
    • Bakery
    • Confectionary
    • Poultry & Seafood
    • Dairy Products
    • Ready Meals
    • Soup and Noodles
    • Snacks and Others
    • Meat Products
  • Agriculture
  • Pharmaceuticals
  • Health and personal care

Natamycin Market, Type Outlook (Revenue – USD Million, 2023 – 2032)

  • Lactose
  • Glucose
  • Others

Natamycin Market, Regional Outlook (Revenue – USD Million, 2023 – 2032)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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