Chemicals

Global Food Antioxidants Market Overview And Prospects

November 16, 2021 by The Business Research Company

Learn about the global food antioxidants market through The Business Research Company, which provides information on food antioxidants market size, food antioxidants market drivers and restraints, food antioxidants market players, the COVID-19 impact on the food antioxidants market, and more.

The global food antioxidants market is expected to grow from $1.27 billion in 2020 to $1.35 billion in 2021 at a compound annual growth rate (CAGR) of 6.71%. The growth is mainly due to the increase in demand for food antioxidants, owing to rise in the consumption and demand of processed food, increasing R&D in the field shift toward natural growth promoters, and increasing awareness for healthier alternatives. The food antioxidants market is expected to reach $1.87 billion in 2025 at a CAGR of 8.49%.

Increasing use of food antioxidants to improve the shelf life of products of the processed food is expected to drive innovation in food antioxidants manufacturing, thus driving the market during the forecast period.

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The food antioxidants market consists of sales of food antioxidants by entities (organizations, sole traders and partnerships) that manufacture food antioxidants naturally or synthetically. Food antioxidants are the molecules which neutralize the free radicals, destabilize the molecules to protect cells from damage. Some major food antioxidants are mainly found in fruits, vegetables, vitamins such as E and C and other plant-based foods.

Global food antioxidants market segments include:

By Type: Natural, Synthetic

By Form: Dry, Liquid

By Source: Fruits And Vegetables, Oils, Spices And Herbs, Botanical Extracts, Gallic Acid, Others

By Application: Fats And Oils, Prepared Foods, Prepared Meat And Poultry, Seafood, Bakery And Confectionery, Plant Based Alternatives, Nutraceuticals, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in food antioxidants market in 2020.

Players in the food antioxidants market are increasingly adopting mergers and acquisition strategies to expand the product portfolio and expanding operations in different geographies. Mergers and acquisitions give growth opportunities to the players in the industry to maximize revenues through geographic and product portfolio expansion.

TBRC’s food antioxidants market report covers:

Major Market Players: Archer-Daniels-Midland Company, BASF SE, Koninklijke DSM N.V., Kemin Industries, Inc, Eastman Chemical Company, Frutarom Ltd, Barentz Group, Camlin Fine Sciences, Kalsec Inc, E.I. Du Pont De Nemours and Company, Cargill Inc., Advanced Organic Materials, VDH Chem Tech Pvt Ltd, and Vitablend Nederland BV.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Food Antioxidants Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides food antioxidants market overviews, analyzes and forecasts market size, share, food antioxidants market players, food antioxidants market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s food antioxidants market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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