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Antimicrobial Additives Market Revenue Worth $3,784.3 Million by 2030: P&S Intelligence NEW YORK, Feb. 18, 2021 /PRNewswire/ Due to the increasing population, the construction, healthcare, and packaging industries are growing. Another key driver for the healthcare industry is the rising incidence of chronic diseases. This is expected to be a reason behind the increase in the global antimicrobial additives market revenue to $3,784.3 million in 2030 from $1,753.2 million in 2019, at a 7.4% CAGR between 220 and 2030, according to P&S Intelligence. Another industry where the usage of such compounds is rising is food packaging, with the Association for Packaging and Processing Technologies estimating this sector to be worth $400 billion by 2025. During long-distance transportation, microbes, especially fungus and mold, can spoil ready-to-eat products. Therefore, the anti-microbial additives market is growing on account of the usage of such compounds in packaging materials.

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