What is Antimicrobial Ingredients Market Scope?
An antimicrobial ingredient refers to synthetic or naturals agent which kills or prevents the growth of microorganisms such as fungi, algae, and bacteria. Antimicrobial ingredient market has high growth prospects owing to increasing applications in skin care, hair care products, oral care products, make-up, and other products. Changing lifestyle standard and rise in disposable income has led to rising in demand for cosmetic product which is supplementing the growth of antimicrobial ingredient market.
Influencing Trend:
Increasing Demand of Antimicrobial Ingredients for Skin Care Products and Increasing Focus on the Product Safety
Market Growth Drivers:
Increasing Applications of Antimicrobial Ingredients in the Cosmetic Products and Changing Lifestyle Standard Led To Rise in Sales of Cosmetic Products
Challenges:
Lack of Awareness in the Emerging Countries
Restraints:
Stringent Government Regulations for the Use of Antimicrobial Ingredients
Opportunities:
Growing Demand from the Developing Countries and Increasing Demand of Dry Form of Antimicrobial Ingredients
The Antimicrobial Ingredients market study is being classified by Type (Antibacterial Agent, Antifungal Agent, Antiviral Agent and Antiparasitic Agent), by Application and major geographies with country level break-up.
Antimicrobial ingredients market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance, along with increasing their manufacturing capacity. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge Analysts at AMA predicts that Vendors from Switzerland, will contribute to the maximum growth of Global Antimicrobial Ingredients market throughout the predicted period.
BASF SE (Germany), Ashland Global Holdings Inc. (United States), Lonza Group Ltd. (Switzerland), Novartis (Switzerland), Croda International Plc. (United Kingdom), DuPont (United States), Clariant AG (Switzerland), Akzo Nobel N.V. (Netherlands), Solvay SA (Belgium) and Evonik Industries AG (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are The Good Scents Company (United States), BIOSECUR LAB (Canada) and Wacker Chemie AG (Germany).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Antimicrobial Ingredients market by Type, Application and Region.
On the basis of geography, the market of Antimicrobial Ingredients has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In October 2021, Ashland Global Holdings Inc. Launched new product which is powerful and fast efficacy against odor-causing bacteria at very low use concentrations while respecting the individual microbiome. This launch helped company to expand its presence in antimicrobial ingredients market
2018, Cosmogen, engaged in developing and supply of cosmetic products such as brushes, accessories, and packaging announced a partnership with Pylote, which offer innovative microbial protection technology to enhance their makeup applicators range with antimicrobial microspheres technology.
“According to the Food and Drug Administration, Antibacterial component used for drugs and cosmetics, hexachlorophene is useful as a bacteriostatic skin cleanser. It further concludes that the margin of safety is such that products containing hexachlorophene may appropriately be used within clearly delineated conditions of use.”
Key Target Audience
Antimicrobial Ingredients Providers, Potential Investors, Government Agencies, Market Research Firms, Government Associations and Others
Antimicrobial Ingredients Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Antimicrobial Ingredients Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Antimicrobial Ingredients industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.