Natural antimicrobials additives market - Global Industry Analysis by Size, Share and Forecast 2020 – 2027
Market Overview: Natural antimicrobials additives market are chemical or natural compounds which are primarily added to food products in order to restrict the microbial growth. They are used to preserve flavor, taste, and other food qualities. Also, natural antimicrobials help in reducing spoilage caused by bacteria, fungi, and yeast which increases the product shelf-life. Furthermore, rising demand for clean-label as well as vegan food products creates enormous opportunity for the manufacturers of natural antimicrobials to increase their production capacity of plant-based natural antimicrobials. Hence, the sector is projected to experience a boost during the review period. Additionally, the demand for essential oils and plant extracts is also estimated to increase which further creates opportunities for new players to enter into the market and generate high revenue. Additionally, owing to the ongoing trend, the market of natural antimicrobials is estimated to hold high potential d