Market Definition: Mold Inhibitors Market
Global Mold Inhibitors Market is expected to rise from its initial estimated value of USD 1.42 million in 2018 to an estimated value of USD 2.44 million by 2026, registering a CAGR of 7% during the forecast period of 2019-2026.
Mold inhibitors are compounds which are added to products such as food, beverages, pharmaceutical drugs, cosmetics, and other products to restrict their spoilage from fungal growth. These preservatives are natural or synthetic in nature and used to increase the shelf-life of food products. It is added to the food product in small quantity as a preservative. The feed industry has been growing rapidly with the rising consumption of meat. Products used are synthetic in nature to increase the shelf life of the products.
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Key Market Competitors: Mold Inhibitors Market
Few of the major competitors are BASF SE, Archer Daniels Midland Company, Associated British Foods plc, DuPont, HANDARY S.A., Hawkins Watts Limited, Kemin Industries, Inc., Niacet, Pacific Coast Chemical Co., ANGUS Chemical Company, Eastman Chemical Company, Koninklijke DSM N.V., Watson Inc., Bentoli. Corbion, and others.
Major Topics Covered in this Report:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers
Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type
Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts
Chapter 10 Consumption Forecast
Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12 Opportunities & Challenges, Threat and Affecting Factors
Chapter 13 Key Findings
Chapter 14 Appendix
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Major Market Drivers & Restraints are as follows:
- Rising disposable income is driving the growth of this market.
- Increasing awareness about the side effects of mold is another factor driving the market growth.
- High cost of raw materials is restraining the growth of this market
- Lack of infrastructure in developing regions and inadequate storage facilities in semi-urban areas.is another factor restraining the market growth.
The report performs the study of market drivers and market restraints thoroughly along with the analysis of the market structure. This market report endows with the plentiful insights and business solutions that will help to stay ahead of the competition. A class and transparency is strictly maintained while carrying out research studies of this report to offer an exceptional market research report for a specific niche. Businesses can achieve better insights to drive the business into right direction with the different segments covered in the market research report. This market analysis examines various segments which help for the quickest development amid the estimated forecast frame.
Market Segmentation: Mold Inhibitors Market
- o Sodium Propionate
- o Calcium Propionate
- o Benzoic Acid
- o Sodium Benzoate
- o Sorbic Acid
- o Potassium Sorbate
- Food & Beverages
- Cosmetics & Personal Care
- Animal Feed
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
Global mold inhibitors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mold inhibitors market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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