Global Food Antioxidants Market, By Type (Synthetic Food Antioxidants, Natural Food Antioxidants), Form (Dry, Liquid), Source (Fruits and Vegetables, Oils, Nuts and Seeds, Spices and Herbs, Acid, Others), Application (Fats and Oils, Prepared Foods, Prepared Meat and Poultry, Other), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Food Antioxidants Market
Data Bridge Market Research analyses that the global food antioxidants market to be growing at a CAGR of 6.1% in the forecast period of 2021-2028.
Antioxidants are molecules that help to protect the body from the potentially deleterious effects of unstable substances called free radicals. Free radicals are chemicals that arise as a result of the body's normal metabolic activities and ordinary wear and tear on cells. Antioxidants aid in the destruction of free radicals that would otherwise hurt or damage bodily cells. They are utilized to extend the shelf life of food and prevent rancidity, leading in increased demand for processed meat, packaged foods, and other foods, as well as for food antioxidants.
Due to the huge expanding population's consumption of processed foods, the food antioxidants industry is likely to see tremendous growth. Furthermore, a boost in purchasing power, along with a longer shelf-life for food, will influence the growth of the market. In addition to this, other factors, including, rising consumer awareness of healthier options and growing end use applications of food antioxidants will act as significant drivers propelling market expansion.
Moreover, the increased consumption of processed goods such as meat, snacks, and beverages among the developing country's rising middle class population creates a major market growth opportunity.
However, high cost associated with natural food antioxidants, safety concerns with synthetic food antioxidants and less awareness about the benefits of food antioxidants will impede the growth of the food antioxidants market. Also, strict regulations by government in developing nations and rise in packaging cost because of multi-page labelling will challenge the market growth.
This food antioxidants market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on food antioxidants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Food Antioxidants Market Scope and Market Size
The food antioxidants market is segmented on the basis of type, form, source and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- the basis of application, the food antioxidants market is segmented into fats and oils, prepared foods, prepared meat and poultry, and other. Other is further sub-segmented into food On the basis of type, the food antioxidants market is segmented into synthetic food antioxidants and natural food antioxidants. Natural food antioxidants are further sub-segmented into vitamin E, vitamin C, carotenoids and rosemary extracts. Synthetic food antioxidants are further sub-segmented into butylated hydroxyanisole, butylated hydroxytoluene, tert-butylhydroquinone (TBHQ), and propyl gallate.
- On the basis of form, the food antioxidants market is segmented into dry and liquid.
- On the basis of source, the food antioxidants market is segmented into fruits and vegetables, oils, nuts and seeds, spices and herbs, acid, and others.
- On products and processed foods. Further the food antioxidants market in the processed food is divided into bakery and confectionery, snack products and meat products.
Food Antioxidants Market Country Level Analysis
The food antioxidants market is analyses and market size, volume information is provided by country, type, form, source and application as referenced above.
The countries covered in the food antioxidants market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific and Europe dominate the food antioxidants market and will continue to flourish its trend of dominance during the forecast period owing to the rising demand for crop product, rapid urbanization and upsurge in the consumption of processed food in this region.
The country section of the food antioxidants market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Food Antioxidants Market Share Analysis
The food antioxidants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to food antioxidants market.
Some of the major players operating in the food antioxidants market are ADM, Barentz, BASF SE, Camlin Fine Sciences, Ltd., DuPont, Eastman Chemical Company, Frutarom Ltd., Kalsec Inc. Kemin Industries, Inc., Koninklijke DSM N.V. among others.
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