Mold Inhibitors Market Top Key Players are DuPont, Associated British Foods, Kemin Industries, Niacet Corporation, Archer-Daniels-Midland, BASF SE and Many More

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. Mold inhibitors are natural or synthetic compounds which are primarily added to food products in order to restrict fungal growth such as molds. They are used to preserve flavor, taste, and other food qualities. Also, mold inhibitors help in reducing the spoilage caused by fungi which increases the product shelf-life. Mold inhibitors naturally absorb the moisture or water content from the food matrix and restrict the fungal growth.

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Prominent Key Players

The major players in the mold inhibitors market
• I. du Pont de Nemours and Company (U.S.)
• Associated British Foods Plc (U.K)
• Kemin Industries, Inc. (U.S.)
• Niacet Corporation (U.S.)
• Archer-Daniels-Midland Company (U.S.)
• BASF SE (Germany)
• Eastman Chemical Company (U.S.)
• Handary SA (Belgium)
• Koninklijke DSM N.V. (the Netherlands)
• Hawkins Watts Limited (New Zealand)

Regional Analysis

The global mold inhibitors market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The North American region is dominating the mold inhibitors market followed by Asia Pacific owing to rising population followed by increasing consumption of food & beverages products in both the regions.

Moreover, high demand for mold inhibitors to restrict food spoilage, and, providing lengthier shelf-life is majorly driving the market growth of Asia Pacific region and is further anticipated to uplift the growth of mold inhibitors market during the forecast period.

Market Segmentation:

The global mold inhibitors market is segmented into type, source, and application.

Based on the type, it is segmented into natural, and synthetic. Among the both, synthetic type holds the major market share owing to its wide range of product applicability and low cost.

Based on the source, it is segmented into plant, animal, micro-organism, and others. The animal segment is dominating the market.

Based on the application, the mold inhibitors market is segmented into foods & beverages, animal feed, pharmaceuticals, cosmetics & personal care, and others. Among all, foods & beverages segment is dominating.

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Industry Updates:

February 02, 2018 Market Research Future published a half cooked research report on the global mold inhibitors market, which is estimated to grow at a CAGR of 3.3% during the forecast period, 2017-2023.

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