India Antimicrobial Additives Market Outlook (2018 to 2032)
Synopsis
The above chart is India Antimicrobial Additives Market Outlook (2018 to 2032)
Market Dynamics
india has a strong affinity towards a wide range of antimicrobial additives with growing demand and consumption. the market is expected to witness a significant growth during the forecast period (2018-2032).most antimicrobial additives used in the indian market are of pharmaceutical grade that are used for treating various clinical conditions.
the demand for antimicrobial additives in india is mainly driven by industrial, agricultural, and healthcare sectors. the industrial sector accounts for major portion of the market share as it uses these additives as stabilizers, lubricants, cure systems, and emulsifiers. in the agricultural sector, these additives are used to reduce insect and pest infestation and in healthcare applications, antimicrobial additives are used to eliminate bacterial, fungal, and viral contamination to control the spread of novel illnesses.
development of the indian healthcare sector due to increasing health consciousness among people in the country also fuels demand for antimicrobial additives. further, the growth of the indian food processing industry is another factor responsible for the uptake of antimicrobial additives in india. the use of these additives in the food processing industry helps to control contamination of food items that leads to food poisoning, like e-coli, staphylococcus, salmonella, and other microorganisms.
in the coming years, royal indian chemicals & polymers, bio-tech, and startech will be the major players that are likely to contribute considerably to the indian antimicrobial additives market growth. the government and private organisations in india are also expected to expand their focus and investment to promote the industrial and healthcare applications of antimicrobial additives in india.
therefore, the use of antimicrobial additives in challenges posed by various infectious diseases and to meet the requirements of the food sector in india is predicted to boost the growth of the indian antimicrobial additives market in the years to come.