Global Food Antioxidants Market Forecast to 2028

The global food antioxidants market is expected to reach a market size of USD 3.43 billion at a steady CAGR of 6.2% in 2028, according to the latest analysis by Emergen Research. This steady revenue growth can be attributed to changing consumer preferences, rising health and wellness concerns, and changing lifestyles. Demand for functional foods has been increasing due to the rising prevalence of non-communicable diseases as a result of weakened immunity. Increasing utilization of food antioxidants for the production of functional foods is expected to drive growth in the food antioxidants market during the forecast period. Growing demand for home food preservation options is another factor contributing to the rising utilization of food antioxidants in the food and beverage industries.

The Food Antioxidants Market study will provide readers, stakeholders, and companies with comprehensive information on market size, revenue growth, and general market dynamics in order to assist them in strengthening their positions in the global Food Antioxidants market. Also, it provides thorough information on significant factors, constraints, issues, and market divisions depending on factors like product category, application, and regional bifurcation.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

BASF SE, Archer-Daniels-Midland Company, Koninklijke DSM N.V., DuPont, Eastman Chemical Company, Kemin Industries, Barentz Group, Camlin Fine Sciences Ltd., Kalsec Inc. and BTSA

Market Dynamics:

The report offers insightful information about the market dynamics of the Food Antioxidants market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Food Antioxidants market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Food Antioxidants market.

Radical Highlights of the Food Antioxidants Market Report:

• Comprehensive overview of the Food Antioxidants market along with analysis of the changing dynamics of the market
• Growth Assessment of various market segments throughout the forecast period
• Regional and global analysis of the market players, including their market share and global position
• Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
• Impact of the technological developments and RD advancements on the Food Antioxidants market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers
• Insightful information for the new entrants willing to enter the market
• Details and insights about business expansion strategies, product launches, and other collaborations
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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Key Highlights of Report

• In January 2020, BASF announced that it is planning to expand production capacity for its antioxidant Irganox 1520L by 20% at the site in Pontecchio Marconi, Italy. Irganox 1520L is a key product in the antioxidant portfolio of BASF. The expansion is expected to help the company meet growing demand for antioxidants among its global consumers.
• Prepared meat poultry segment accounted for largest market share of 2020. Rising need to extend the shelf-life of food products and enhance food quality is driving utilization of food antioxidants in prepared meat and poultry products.
• Natural antioxidants segment revenue is expected to expand at a rapid CAGR during the forecast period. Health risks associated with consumption of synthetic antioxidants and the potential toxicological effects is driving demand for natural antioxidants.
• Fruits and vegetables segment accounted for a significantly high revenue share in the food antioxidants market in 2020. Health-conscious consumers are increasingly preferring natural antioxidants derived from fruits and vegetables.
• Asia Pacific accounted for largest revenue share contribution to the global food antioxidants market in 2020. Food manufacturers in countries in the region are increasingly utilizing food antioxidants owing to rising demand among health-conscious consumers for dietary supplements, functional foods, and nutritional beverages fortified with antioxidants.

Food Antioxidants Market Segmentation:

Market Overview:

The report bifurcates the Food Antioxidants market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

• Application Outlook (Revenue, USD Billion; 2021–2028)
• Prepared food
• Seafood
• Nutraceuticals
• Fats Oils
• Plant-based Alternatives
• Prepared Meat Poultry
• Bakery Confectionery
• Other Applications

• Type Outlook (Revenue, USD Billion; 2021–2028)
• Synthetic Antioxidants
• Natural Antioxidants  

• Source Outlook (Revenue, USD Billion; 2021–2028)
• Oils
• Fruits and Vegetables
• Spices and Herbs
• Gallic Acid
• Botanical Extracts
• Petroleum-derived

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the Food Antioxidants Market report is an exhaustive database that will help readers formulate lucrative strategies. The Food Antioxidants Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Food Antioxidants market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Food Antioxidants with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

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