The future of the global mold inhibitors market looks promising with opportunities in the foods & beverages, animal feed, pharmaceutical, and cosmetics & personal care markets. The global mold inhibitors market is expected to reach an estimated $2.1 billion by 2030 with a CAGR of 3.3% from 2024 to 2030. The major drivers for this market are rise in disposable income, consequent demand for food products with extended shelf-life, as well as, increased concerns about mold's health effects.
Some of the Key Questions answered in this exclusive report are:
Q.1. What are some of the most promising, high-growth opportunities for the mold inhibitors market by type (natural, synthetic, and others), source (plant, animal, micro-organism, and others), application (foods & beverages, animal feed, pharmaceuticals, cosmetics & personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Market Segmentation:
In this market, plant, animal, and micro-organism are the major segments of mold inhibitors market by source.
Lucintel forecasts that micro-organism will remain the largest segment over the forecast period because of their all-natural and ecologically friendly properties.
Within this market, foods & beverages will remain the largest segment because the mold inhibitors are frequently employed in the food and beverage industries to ensure the safety and quality of the product.
APAC is expected to witness highest growth over the forecast period due to growing concern about the health impacts of mycotoxins generated by mold, as well as increased use of convenience or processed foods in this region.
BASF, E. I. Du Pont De Nemours And Company, Koninklijke, Archer Daniels Midland, Associated British Food, Handary, Hawkins Watts, Kemin, Niacet, and Pacific Coast Chemicals are the major suppliers in the mold inhibitors market.