The global Natamycin Market size is expected to reach USD 61.0 Million in 2022 and further expand at a CAGR of 6.8% throughout the forecast period (2022 to 2032). Overall natamycin sales are projected to surpass a total valuation of USD 102.7 Million by the end of 2032.
Rising applications across industries like food and beverage, pharmaceuticals, animal feed, personal care, and pharmaceuticals a key factors driving natamycin demand globally.
Natamycin, also called pimaricin, is an antifungal medication for topical ophthalmic administration to treat fungal infections around the eye, including infections of the cornea, and eyelids.
Once applied, natamycin binds to sterols in fungal cell membranes by exerting its antifungal effects, thereby increasing membrane permeability and eventually blocking fungal growth.
Thus, the rising prevalence of eye disease coupled with the increasing usage of natamycin as an effective antifungal drug will boost the global natamycin industry during the forecast period.
Similarly, increasing preference for natural preservatives along with the growing need for reducing food waste is acting as a catalyst propelling natamycin demand globally.
Increasing food wastage has become a serious concern for both consumers and manufacturers.
According to the Food and Agriculture Organization of the United Nations, approximately 1.3 billion tonnes of food produced gets lost or wasted globally. One of the main reasons for this is food spoilage.
Food spoilage can be delayed or prevented by adding safe and effective preservatives like natamycin which prevents the growth of microorganisms and extends the shelf life of products.
Natamycin has become an ideal bio-preservative or bio-preservation solution used in food products like cheese, sausages, meat, and bakeries to naturally extend their shelf life, prevent microbial growth and reduce food waste.
Thus, rising production and consumption of these products supported by the rapid growth of the food processing industry will continue to generate high demand for natamycin.
Natamycin has been declared safe by organizations like the Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA). This has become a game-changing move for the manufacturers of natamycin.
Additionally, widening applications in nutraceuticals, cosmetics & personal care, animal feed, and pet food sectors will boost natamycin sales over the projection period.
| Attribute | Key Insights |
|---|---|
| Natamycin Market Estimated Value (2022E) | USD 61.0 Million |
| Projected Market Value (2033F) | USD 102.7 Million |
| Value-based CAGR (2022 to 2032) | 6.8% |
| USA Market Share | 39.7% |
According to Future Market Insights’ latest analysis, the global demand for natamycin is projected to surge at a robust CAGR of 6.8% between 2022 and 2032, in comparison to the 5.4% CAGR registered during the historical period from 2017 to 2021.
Increasing usage of natamycin across diverse industries including pharmaceutical and food & beverage is a key factor spurring growth in the global market for natamycin.
Natamycin is a natural antimicrobial preservative used to prevent the growth of fungi, bacteria, and other microbes in food products. It has been used as an additive in foods for decades and has seen increased demand over the years due to its superior safety profile compared to other additives.
Demand for natamycin is expected to grow at a healthy pace during the next ten years owing to the growing need for preventing food wastage, increasing consumer spending on processed food products, rising application of natamycin in food products such as cheese, bakeries, and processed meat,
Besides this, the rising usage of natamycin as an antifungal medication to treat several fungal infections around the eye will create lucrative opportunities for natamycin manufacturers during the next ten years.
Rising Inclination Towards Clean Label Foods to Positively Impact Natamycin Industry
The trend towards clean-label foods has been growing steadily in recent years, driven by consumer demand for natural ingredients and more transparency on food labels. This shift is having a significant effect on the natamycin market, as manufacturers seek out more natural preservatives to replace synthetic ones.
Natamycin is a naturally-occurring preservative derived from the fermentation of Streptomyces bacteria. It is commonly used in processed foods such as cheese, yogurt, and other dairy products to extend shelf life and guard against spoilage from mold or bacteria.
However, the demand for clean-label foods has made it increasingly difficult for manufacturers to use natamycin due to its synthetically produced status.
As a result, many companies have turned towards more natural preservatives such as vinegar or citrus extracts which are perceived as safer options by health-conscious consumers. This may limit the market expansion to some extent.
Rising Usage in Topical Ophthalmic Drugs to Boost Natamycin Sales in the USA Through 2032
The USA's natamycin market is a quickly changing landscape that has seen an increase in demand due to its medical and food safety applications.
Natamycin, an antifungal agent, is widely used as a preservative in products such as cheese and processed meats. As the world increasingly moves towards healthier diets, demand for natamycin has been growing significantly over the past few years across the USA
The increasing prevalence of fungal infections, maturing population, and rising health consciousness among consumers are some of the key factors driving the USA's natamycin industry.
In addition to its use in food products, natamycin is also being used increasingly as a topical drug to treat skin and eye infections caused by fungi. This has led to increased demand for this product from hospitals and pharmacists across the USA and the trend is expected to further escalate amid rising cases of fungal diseases.
Escalating Research and Development Activities Making the UK a Promising Market
Recently, Europe, spearheaded by the UK, has emerged as a leading producer of natamycin due to its commitment to research and development of this important product.
The primary reason why Europe is becoming a leader in natamycin production is its commitment to long-term investments in research and development activities.
For example, European businesses are investing heavily in ways to increase the efficiency of their production processes and make them more cost-effective. Additionally, they are looking into new technologies that can help reduce waste while still delivering quality natamycin.
Another key factor that is expected to propel natamycin demand across the UK is the rising production and consumption of packaged food products with longer shelf life.
Consumers in the UK seek convenient foods that stay fresh for longer and contain natural ingredients. As a result, food manufacturers are using preservatives like natamycin.
Demand Remains High for Powdered Natamycin
Based on form, the global market for natamycin is segmented into powder and liquid. Among these, the powder segment currently holds the largest market and is expected to retain its dominance during the forecast period. This is due to rising end-user preference for powdered natamycin over other forms.
The use of natamycin powder is advantageous from a cost perspective as it often comes at a lower price than other forms. Additionally, its shelf life is longer than that of liquid or suspension forms which makes it more convenient for food manufacturers to stock up on the powder form for longer-term use.
This allows them to better manage their inventory levels and reduce wastage costs.
Food and Beverage to Remains the Most Profitable Application
Natamycin is a natural antibiotic that can be used in the food and beverage industries. It inhibits the growth of bacteria, yeast, and mold. It is not harmful to humans or pets, and it does not produce any adverse effects on food. As a result, it has become one of the widely used natural preservatives in the food & beverage sector.
Natamycin is extensively used in food products such as sausages, cheese, bakery items, processed meat, fruits & vegetables, beverages, and others for preventing the growth of bacteria and other microorganisms. Hence, it extends the shelf life of products and reduces food wastage.
Growing demand for packaging food products with longer shelf life along with the rising need for reducing food wastage is playing a key role in boosting natamycin sales and the trend is expected to continue during the next ten years.
The global market for natamycin is quite competitive due to the vast number of producers that operate in this space. The major businesses are making significant investments in Research and Development, which is anticipated to accelerate the expansion of the industry as a whole over the coming years.
Additionally, during the projected period, market participants should benefit significantly from the increased focus on diversifying product portfolios and the rise in mergers and acquisitions.
Recent Developments:
| Attribute | Details |
|---|---|
| Estimated Market Size (2022) | USD 61.0 Million |
| Projected Market Size (2032) | USD 102.7 Million |
| Anticipated Growth Rate (2022 to 2032) | 6.8% CAGR |
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Million for Value and Million. Sq. M. for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; and the Middle East & Africa |
| Key Countries Covered | USA, Brazil, Mexico, Germany, UK, China, India, Japan, Australia, and GCC Countries |
| Key Segments Covered | Form, Application, and Region |
| Key Companies Profiled | DSM; Danisco; Handary; VGP; Silver-Elephant; AMTECH BIOTECH; Lanzhou Weiri; Zhengzhou New Frey; Langfang Meihua; Beijing Oriental Rada; Chihon; Jiaozuo Join care; Pucheng Life come |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2032
Table 2: Global Market Volume (MT) Forecast by Region, 2017 to 2032
Table 3: Global Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 4: Global Market Volume (MT) Forecast by Form, 2017 to 2032
Table 5: Global Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 6: Global Market Volume (MT) Forecast by Application, 2017 to 2032
Table 7: North America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 8: North America Market Volume (MT) Forecast by Country, 2017 to 2032
Table 9: North America Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 10: North America Market Volume (MT) Forecast by Form, 2017 to 2032
Table 11: North America Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 12: North America Market Volume (MT) Forecast by Application, 2017 to 2032
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 14: Latin America Market Volume (MT) Forecast by Country, 2017 to 2032
Table 15: Latin America Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 16: Latin America Market Volume (MT) Forecast by Form, 2017 to 2032
Table 17: Latin America Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 18: Latin America Market Volume (MT) Forecast by Application, 2017 to 2032
Table 19: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 20: Europe Market Volume (MT) Forecast by Country, 2017 to 2032
Table 21: Europe Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 22: Europe Market Volume (MT) Forecast by Form, 2017 to 2032
Table 23: Europe Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 24: Europe Market Volume (MT) Forecast by Application, 2017 to 2032
Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 26: East Asia Market Volume (MT) Forecast by Country, 2017 to 2032
Table 27: East Asia Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 28: East Asia Market Volume (MT) Forecast by Form, 2017 to 2032
Table 29: East Asia Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 30: East Asia Market Volume (MT) Forecast by Application, 2017 to 2032
Table 31: South Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 32: South Asia Market Volume (MT) Forecast by Country, 2017 to 2032
Table 33: South Asia Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 34: South Asia Market Volume (MT) Forecast by Form, 2017 to 2032
Table 35: South Asia Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 36: South Asia Market Volume (MT) Forecast by Application, 2017 to 2032
Table 37: Oceania Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 38: Oceania Market Volume (MT) Forecast by Country, 2017 to 2032
Table 39: Oceania Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 40: Oceania Market Volume (MT) Forecast by Form, 2017 to 2032
Table 41: Oceania Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 42: Oceania Market Volume (MT) Forecast by Application, 2017 to 2032
Table 43: MEA Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 44: MEA Market Volume (MT) Forecast by Country, 2017 to 2032
Table 45: MEA Market Value (US$ Million) Forecast by Form, 2017 to 2032
Table 46: MEA Market Volume (MT) Forecast by Form, 2017 to 2032
Table 47: MEA Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 48: MEA Market Volume (MT) Forecast by Application, 2017 to 2032
Figure 1: Global Market Value (US$ Million) by Form, 2022 to 2032
Figure 2: Global Market Value (US$ Million) by Application, 2022 to 2032
Figure 3: Global Market Value (US$ Million) by Region, 2022 to 2032
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2017 to 2032
Figure 5: Global Market Volume (MT) Analysis by Region, 2017 to 2032
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 8: Global Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 9: Global Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 10: Global Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 11: Global Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 12: Global Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 13: Global Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 16: Global Market Attractiveness by Form, 2022 to 2032
Figure 17: Global Market Attractiveness by Application, 2022 to 2032
Figure 18: Global Market Attractiveness by Region, 2022 to 2032
Figure 19: North America Market Value (US$ Million) by Form, 2022 to 2032
Figure 20: North America Market Value (US$ Million) by Application, 2022 to 2032
Figure 21: North America Market Value (US$ Million) by Country, 2022 to 2032
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 23: North America Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 26: North America Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 27: North America Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 28: North America Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 29: North America Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 30: North America Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 31: North America Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 34: North America Market Attractiveness by Form, 2022 to 2032
Figure 35: North America Market Attractiveness by Application, 2022 to 2032
Figure 36: North America Market Attractiveness by Country, 2022 to 2032
Figure 37: Latin America Market Value (US$ Million) by Form, 2022 to 2032
Figure 38: Latin America Market Value (US$ Million) by Application, 2022 to 2032
Figure 39: Latin America Market Value (US$ Million) by Country, 2022 to 2032
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 41: Latin America Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 44: Latin America Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 45: Latin America Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 48: Latin America Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 49: Latin America Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 52: Latin America Market Attractiveness by Form, 2022 to 2032
Figure 53: Latin America Market Attractiveness by Application, 2022 to 2032
Figure 54: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 55: Europe Market Value (US$ Million) by Form, 2022 to 2032
Figure 56: Europe Market Value (US$ Million) by Application, 2022 to 2032
Figure 57: Europe Market Value (US$ Million) by Country, 2022 to 2032
Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 59: Europe Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 62: Europe Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 63: Europe Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 64: Europe Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 65: Europe Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 66: Europe Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 67: Europe Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 68: Europe Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 69: Europe Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 70: Europe Market Attractiveness by Form, 2022 to 2032
Figure 71: Europe Market Attractiveness by Application, 2022 to 2032
Figure 72: Europe Market Attractiveness by Country, 2022 to 2032
Figure 73: East Asia Market Value (US$ Million) by Form, 2022 to 2032
Figure 74: East Asia Market Value (US$ Million) by Application, 2022 to 2032
Figure 75: East Asia Market Value (US$ Million) by Country, 2022 to 2032
Figure 76: East Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 77: East Asia Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 78: East Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 79: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 80: East Asia Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 81: East Asia Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 82: East Asia Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 83: East Asia Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 84: East Asia Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 85: East Asia Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 86: East Asia Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 87: East Asia Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 88: East Asia Market Attractiveness by Form, 2022 to 2032
Figure 89: East Asia Market Attractiveness by Application, 2022 to 2032
Figure 90: East Asia Market Attractiveness by Country, 2022 to 2032
Figure 91: South Asia Market Value (US$ Million) by Form, 2022 to 2032
Figure 92: South Asia Market Value (US$ Million) by Application, 2022 to 2032
Figure 93: South Asia Market Value (US$ Million) by Country, 2022 to 2032
Figure 94: South Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 95: South Asia Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 96: South Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 97: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 98: South Asia Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 99: South Asia Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 100: South Asia Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 101: South Asia Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 102: South Asia Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 103: South Asia Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 104: South Asia Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 105: South Asia Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 106: South Asia Market Attractiveness by Form, 2022 to 2032
Figure 107: South Asia Market Attractiveness by Application, 2022 to 2032
Figure 108: South Asia Market Attractiveness by Country, 2022 to 2032
Figure 109: Oceania Market Value (US$ Million) by Form, 2022 to 2032
Figure 110: Oceania Market Value (US$ Million) by Application, 2022 to 2032
Figure 111: Oceania Market Value (US$ Million) by Country, 2022 to 2032
Figure 112: Oceania Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 113: Oceania Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 114: Oceania Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 115: Oceania Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 116: Oceania Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 117: Oceania Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 118: Oceania Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 119: Oceania Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 120: Oceania Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 121: Oceania Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 122: Oceania Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 123: Oceania Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 124: Oceania Market Attractiveness by Form, 2022 to 2032
Figure 125: Oceania Market Attractiveness by Application, 2022 to 2032
Figure 126: Oceania Market Attractiveness by Country, 2022 to 2032
Figure 127: MEA Market Value (US$ Million) by Form, 2022 to 2032
Figure 128: MEA Market Value (US$ Million) by Application, 2022 to 2032
Figure 129: MEA Market Value (US$ Million) by Country, 2022 to 2032
Figure 130: MEA Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 131: MEA Market Volume (MT) Analysis by Country, 2017 to 2032
Figure 132: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 133: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 134: MEA Market Value (US$ Million) Analysis by Form, 2017 to 2032
Figure 135: MEA Market Volume (MT) Analysis by Form, 2017 to 2032
Figure 136: MEA Market Value Share (%) and BPS Analysis by Form, 2022 to 2032
Figure 137: MEA Market Y-o-Y Growth (%) Projections by Form, 2022 to 2032
Figure 138: MEA Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 139: MEA Market Volume (MT) Analysis by Application, 2017 to 2032
Figure 140: MEA Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 141: MEA Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 142: MEA Market Attractiveness by Form, 2022 to 2032
Figure 143: MEA Market Attractiveness by Application, 2022 to 2032
Figure 144: MEA Market Attractiveness by Country, 2022 to 2032
The global natamycin market size is expected to reach nearly USD 61.0 Million by 2022.
Between 2022 and 2032, natamycin demand is poised to grow at around 6.8% CAGR.
The worldwide natamycin industry is expected to reach a valuation of USD 102.7 Million by the end of 2032.
The North America natamycin industry is expected to register 6.4% CAGR between 2022 and 2032.
Demand for natamycin is expected to grow at 5.7% CAGR during the forecast period.
Widening application of natamycin across diverse industries and increased investment by major players in this field are expected to help the market to thrive swiftly during the forecast period.
overall natamycin demand across China is projected to grow at 6.7% CAGR between 2022 and 2032.
Natamycin Market
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