Market Research Future (Food and Beverages) World Mold Inhibitors Market Analysis | Page 3

Mold Inhibitors Market Research Report–Forecast to 2023
2 Market Overview
The global mold inhibitors market is growing due to rising consumer awareness and their increasing interest in
healthy eating pattern, thus, increasing the demand for food preservatives. In addition to increasing demand for
convenience food, foods & beverages, bakery & confectionery, meat & meat products, and other food products are
expected to drive the growth of the mold inhibitors market. Additionally, value-added benefits such as prevention of
food spoilage and lengthier shelf-life associated with the use of mold inhibitors are also supporting the sale of mold
inhibitors globally.
Furthermore, the global mold inhibitors market is increasing due to high demand for food preservatives in the bakery
& confectionery industry. Additionally, the development of new product coupled with scientific advancements is
considered to be one of the major reasons for the increasing growth of the mold inhibitors market during the review
period.
Regional Analysis:
The global mold inhibitors market is segmented into North America, Europe, Asia Pacific, and rest of the world
(RoW). North America is dominating the mold inhibitors market followed by Asia Pacific. The U.S. registered for a
higher consumption of mold inhibitors owing to increasing awareness about the benefits of using mold inhibitors to
extend the products shelf-life. Additionally, increasing demand for convenience foods and food products with a longer
shelf-life is majorly driving the market growth in this region.
Also, growing consumer awareness and inclination towards natural mold inhibitors are experiencing a huge demand
in the North American market. Furthermore, increasing demand for mold inhibitors in bakery & confectionery products
in developing countries such as India, China, and Japan are likely to boost the growth of the mold inhibitors market
during the forecast period.
Page | 3
Copyright © 2017 Market Research Future.