Global Food Antioxidants Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Food Antioxidants Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global food antioxidants market report has been segmented on the basis of source, type, application, and region.
Global Food Antioxidants Market: Overview
Food antioxidants are found in various types of foods that helps to protect cell damage caused by free radicals. Free radicals can damage important structure of cells and DNA system. Oxidative stress that increases risk of cancer, heart dieses, or type 2-diabeties are caused when free radicals accumulate. Consumption of food that contains antioxidants can neutralize free radicals and prevent cell damage caused by them.
Global Food Antioxidants Market: Dynamics
Increasing demand for processed food among consumers is a key factor driving growth of the global food antioxidants market. Oxidation affects appearance of food, which results into pigment loss and browning. Use of antioxidants prolongs the process of combating oxidation before oxidation process occurs. Use of food antioxidants to prolong shelf life of food products and maintain its color, flavor, nutrients, and texture are also factors supporting growth of the global market. Furthermore, growing awareness regarding benefits of diet containing food antioxidants among individuals, and rising disposable income are factors expected to augment growth of the global food antioxidants market over the forecast period.
However, safety issues related to synthetic food antioxidants food antioxidants is a factor that may hamper growth of the global food antioxidants market. In addition, high cost of natural food antioxidants is another factor that could affect its usage and demand in the global market. Nevertheless, increasing demand for food antioxidants in developing countries can create high revenue opportunities for players in the target market.
Global Food Antioxidants Market: Segment Analysis
Among the type segments, the natural food antioxidants segment is expected to register lucrative growth in terms of revenue in the near future. Rising awaress regarding benefits of natural food antioxidants and less side effect than synthetic antioxidants among consumers especially in developing countries is a factor fueling growth of this segment in the global market. Government regulation on labelling and usage of synthetic antioxidants is another factor that could affect growth of synthetic food antioxidants segment.
Among the application segments, the prepared meat and poultry segment accounts for major share in terms of revenue and expected to maintain its position over the forecast period. Use of food antioxidants to prevent degeneration of meat and poultry products is a key factor driving growth of this segment in the target market.
Global Food Antioxidants Market: Regional Analysis
Currently, market in Asia Pacific accounts for significant share in terms of revenue and is expected to register lucrative growth over the forecast period. Increasing consumption of prepared food by individuals, coupled with growing food and beverage industry are factors fueling growth of the target market in this region. In addition, growing young population in countries in this region is another factor expected to support growth of the food antioxidants market in the coming years.
Market in North America is expected to account for second-highest share in terms of revenue in the near future, followed by Europe. Rising awareness among individuals regarding advantages of antioxidants and high consumption synesthetic food antioxidants, due to high cost of natural food antioxidants are factors supporting growth of the target market in these regions.
Global Food Antioxidants Market Segmentation:
Segmentation by Source:
- Nuts & Seeds
- Fruits & Vegetables
- Gallic Acid
- Spices & Herbs
Segmentation by Type:
- Natural Food Antioxidants
- Rosemary Extract
- Vitamin C
- Vitamin E
- Synthetic Food Antioxidants
- Tert-Butylhydroquinone (TBHQ)
- Butylated Hydroxytoluene (BHT)
- Propyl Gallate (PG)
- Butylated Hydroxyanisole (BHA)
Segmentation by application:
- Prepared Meat and Poultry
- Bakery and Confectionery
- Fats & Oils
- Snack and Dairy
- Prepared Foods
- Others (Chewing Gum, Tea, and Infant Formula)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Archer Daniels Midland Company
- BASF SE
- Eastman Chemical Company
- I. du Pont de Nemours and Company
- Frutarom Ltd.
- Koninklijke DSM N.V.
- Camlin Fine Sciences Ltd.
- Kemin Industries, Inc.
- Kalsec Inc.
- Barentz B.V.
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