Market Research Future (Food and Beverages) Natural Antimicrobials Market | Page 4

Natural Antimicrobials Market Research Report- Forecast till 2023
3 Sample Pages
Segments:
The global natural antimicrobials market is segmented into type and application.
Among the type, the plant-based natural antimicrobials segment is anticipated to retain its dominance throughout
the forecast period. Also, the segment is projected to register a healthy CAGR of 7.79% during the given period due
to increasing consumer demand for green label products as a preservative in packed and food frozen products.
Among application of natural antimicrobials, the dairy & frozen desserts segment is accounting for approximately
27.57% market share followed by the beverages accounting for 21.24% of the global natural antimicrobials market.
Key Findings:
Global natural antimicrobials market is projected to reach USD 826.89 million by 2023 at a growth rate of 7.38%
The North American region is estimated to retain its dominance throughout the forecast period and will grow at
a substantial CAGR of 8.15%. Furthermore, among the North American countries, the U.S. is projected to
witness a substantial growth of 8.49% during the forecast period of 2017-2023.
Global natural antimicrobials manufacturers find massive opportunity in China owing to the huge demand of
natural antimicrobials as a preservative in packed and frozen food products among the population.
Application of natural antimicrobials in dairy & frozen desserts is witnessed to be the fastest growing segment
over the forecast period
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