The moldinhibitors market is segmented on the basis of source, type and application. Bycareful analysis of every segment, one can conduct a SWOT analysis beforeinvesting in the growth and expansion of the business.
On the basisof source, the mold inhibitors market is segmented into animals, plants andmicro-organisms.
Based ontype, the mold inhibitors market is segmented into propionates, benzoates,sorbates, natamycin, and others. Propionates segment is further segmented intosodium propionate and calcium propionate. Benzoates segment is furthersegmented into benzoic acid and sodium benzoate. Sorbates segment is furthersegmented into sorbic acid and potassium sorbate. Others segment is furthersegmented into sulphites, sodium acetate and acetic acid.
Based onapplication, the mold inhibitors market is segmented into pharmaceuticals,paints, food and beverages, cosmetics and personal care, animal feed, andothers. Food and beverages is further segmented into baked goods.
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Rising foodrelated health concerns and rising veganism are the two biggest reasonsattributable to the growth of mold inhibitors market. This means that the moldinhibitors market would witness a CAGR of 5.5% for the forecast period of2021-2028.
Moldinhibitors are the compounds that are used to tackle the fungal growth in fooditems, beverages, medicines, cosmetics and other products. These are theadditives that minimize the mold contamination and restrict the mold growth.Mold inhibitors also add to the shelf life of products. These products are bothnatural and synthetic in nature and these need not be added in large quantitiesto the products.
Rising foodrelated health concerns and awareness about the ill effects of mold developmenton the health have induced growth in the demand for mold inhibitors globally.Rising demand for extended shelf life of food items and pharmaceutical drugshave also created lucrative growth opportunities for the mold inhibitorsmarket. Growth and expansion of various end user verticals would directlyimpact the growth in demand for mold inhibitors especially in the developingcountries. Rising research and development proficiencies on both natural andsynthetic mold inhibitors will in turn induce growth of mold inhibitors market.Rising disease outbreak have particularly induced technological advancements inthe mold inhibitors production process.
Global MoldInhibitors Market, By Source (Animals, Plants and Micro-organisms), Type(Propionates, Benzoates, Sorbates, Natamycin and Others), Application(Pharmaceuticals, Paints, Food and Beverages, Cosmetics and Personal Care,Animal Feed and Others), Country (U.S., Canada, Mexico, Germany, Sweden,Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland,Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand,Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Restof Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia,Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) IndustryTrends and Forecast to 2028.
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However,fluctuations in the prices of raw materials have come forward as a big timechallenge to the growth of the market. Inadequate storage facilities in low andmiddle class economies coupled with lack of sophisticated level of technologywill further derail the mold inhibitors market growth rate. Lack of resourcesthat culminate into a strong infrastructure in low and middle class economieswill further hammer down the mold inhibitors market growth rate.
This moldinhibitors market report provides details of new recent developments, traderegulations, import export analysis, production analysis, value chainoptimization, market share, impact of domestic and localised market players,analyses opportunities in terms of emerging revenue pockets, changes in marketregulations, strategic market growth analysis, market size, category marketgrowths, application niches and dominance, product approvals, product launches,geographic expansions, technological innovations in the market. To gain moreinfo on mold inhibitors market contact Data Bridge Market Research for anAnalyst Brief, our team will help you take an informed market decision toachieve market growth.
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Moldinhibitors market is analyses and market size, volume information is providedby country by source, type and application as referenced above.
Thecountries covered in the mold inhibitors market report are U.S., Canada, Mexicoin North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain,Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe,Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore,Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) inAsia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part ofSouth America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest ofMiddle East and Africa(MEA) as a part of Middle East and Africa(MEA).
NorthAmerica dominates the mold inhibitors market and will continue to flourish itsdominance during the forecast period. This is because of the rising prevalenceof food related diseases coupled with rising awareness about variousill-effects of mold-producing mycotoxins. Asia-Pacific on the other hand is setto undergo highest compound annual growth rate during the forecast period owingto the increased expenditure on food safety solutions. Increased consumption ofprocessed and packaged food items coupled with rising demand and supply ofmedicines have contributed to the growth of the market. India and China haveemerged to be the major contributors from this region.
The countrysection of the mold inhibitors market report also provides individual marketimpacting factors and changes in regulation in the market domestically thatimpacts the current and future trends of the market. Data points such asconsumption volumes, production sites and volumes, import export analysis,price trend analysis, cost of raw materials, down-stream and upstream valuechain analysis are some of the major pointers used to forecast the marketscenario for individual countries. Also, presence and availability of globalbrands and their challenges faced due to large or scarce competition from localand domestic brands, impact of domestic tariffs and trade routes are consideredwhile providing forecast analysis of the country data.
Moldinhibitors market competitive landscape provides details by competitor. Detailsincluded are company overview, company financials, revenue generated, marketpotential, investment in research and development, new market initiatives,global presence, production sites and facilities, production capacities,company strengths and weaknesses, product launch, product width and breadth,application dominance. The above data points provided are only related to thecompanies’ focus related to mold inhibitors market.
The majorplayers covered in the mold inhibitors report are DuPont, BASF SE, ADM,Associated British Foods plc, HANDARY S.A., Hawkins Watts Limited, KeminIndustries, Inc., Niacet, Pacific Coast Chemical Co., ANGUS Chemical Company,Eastman Chemical Company, DSM, Watson Inc., Bentoli Corbion and RavagoChemicals among other domestic and global players. Market share data isavailable for Global, North America, Europe, Asia Pacific (APAC), Middle Eastand Africa (MEA) and South America separately. DBMR analysts understandcompetitive strengths and provide competitive analysis for each competitorseparately.
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