Dublin, Aug. 21, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/3x3t46/mold_inhibitors) has announced the addition of the "Global Mold Inhibitors (Propionates, Sorbates, Benzoates, and Natamycin) Market - Trends & Forecast to 2019" report to their offering.
The mold inhibitors market is estimated to be valued at $1,780.3 by 2019; growing at a CAGR of 2.9% from 2014 to 2019.
The rise in the demand for food preservatives and the health issues related to mold are some of the factors responsible for the emergence of the mold inhibitors market. The development of mold is a major problem in food and feed products. Therefore, consumers are focusing more on products which have an extended shelf-life, devoid of the possibility of mold.
The mold inhibitors market is expected to grow globally at a faster pace in the food sector. It is fuelled by the growing popularity of baked goods and beverages worldwide.
The global food and non-food industries are fast inculcating the use of mold inhibitors in light of the numerous advantages they possess. Mold inhibitor are additives used to minimize mold contamination and prevent mold growth in products of several industries such as food, feed, paint, wood, and many more. The mold inhibitor considered in this study include a large family of propionates, benzoites, sorbates, natamycin, sulphates, nitrites, acetates, and more. Mold inhibitors find application in diverse industrial markets like food, animal feed, pharmaceuticals, cosmetics, paint, wood, paper, and leather..
The major applications of mold inhibitors include food and feed. Other industries such as paint, pharmaceuticals, and cosmetics are expected to increase their market share in the future.
On the basis of geography, the mold inhibitors market is segmented into North America, Europe, Asia-Pacific, and ROW. North America has proven to be the dominant market with the largest market share. Asia-Pacific is estimated to be the fastest growing market because of the increase in demand from the food, feed, pharmaceuticals, paint, wood, and leather industries.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Total Addressable Market
5 Market Overview
6 Mold Inhibitors Market, By Geography
7 Mold Inhibitors, By Type
8 Mold Inhibitors Market, By Application
9 Competitive Landscape
10 Company Profile
- Associated British Food Plc
- ADM Alliance Nutrition Inc.
- BASF - The Chemical Company
- Royal DSM
- Hawkins Watt Ltd.
- Kemin Industries Inc.
- Niacet Corporation
- Pacific Coast Chemicals
- Eastman Chemical Company
For more information visit http://www.researchandmarkets.com/research/3x3t46/mold_inhibitors
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Source:Research and Markets