Lucintel’s latest market report analyzed that antimicrobial active ingredient provides attractive opportunities in the skin care, hair care, oral care, make up, toiletries, and fragrances applications. The antimicrobial active ingredient market is expected to reach $0.3 billion by 2026 with a CAGR of 6.5%. In this market, natural is the largest segment by source, whereas skin care is largest by application. The development of naturally sourced antimicrobial ingredients and advanced nanotechnology for manufacturing antimicrobial products provides strategic growth path in this market.
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Based on source, the antimicrobial active ingredient market is segmented into natural and synthetic. The natural segment accounted for the largest share of the market in 2020 due to the increasing demand for organic beauty products to avoid side effects of synthetic products.
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67 – Tables
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The antimicrobial active ingredient market is marked by the presence of several big and small players. Some of the prominent players offering antimicrobial active ingredient include BASF, Lonza, Croda International, and Clariant AG.
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