Global Food Antioxidants Market Size study & Forecast, by Type (Natural, Synthetic), by Form (Dry, Liquid), by Application (Meat & Poultry, Bakery & Confectionery, Fats & Oil, Fish, Pet Food, Others) and by Regional Analysis, 2023-2030

Global Food Antioxidants Market Size study & Forecast, by Type (Natural, Synthetic), by Form (Dry, Liquid), by Application (Meat & Poultry, Bakery & Confectionery, Fats & Oil, Fish, Pet Food, Others) and by Regional Analysis, 2023-2030

Global Food Antioxidants Market is valued at approximately USD 502.2 million in 2022 and is anticipated to grow with a healthy growth rate of more than 6.1% over the forecast period 2023-2030. Antioxidants prevent oxidation, which can cause rancidity and deterioration in taste and nutritional quality, thus extending the shelf life of food products. The market for food antioxidants is growing due to the rising demand and consumption of processed food, which uses these substances to improve product shelf life. This trend is supported by the increasing disposable income and rapid urbanization, which has led to a greater demand for prepared food globally. Many working professionals depend on these products to fit their busy schedules. However, regulatory authorities have limited the use of synthetically derived antioxidant products in food through approved regulations.

The increase in disposable incomes, specifically in emerging countries like India and China, has resulted in a surge in demand for convenient food options. The market is expected to see significant growth due to rapid urbanization. According to the World Bank Data, 55% of the global population inhibited the cities, in 2020. The increasing disposable income of people globally is fueling the market growth. For instance, according to the US Bureau of Labor Statistics, 2019, the working population increased from 64.4% in 2018 to 64.9% in 2019. A major challenge that hinders market growth is related to health hazards caused due to the consumption of synthetic antioxidants. The presence of antioxidants effectively inhibits oxidation and extends the shelf-life of food products which acts as an opportunity for the market.

The key regions considered for the Global Food Antioxidants Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The Asia Pacific region is expected to lead the market in 2022, due to the current health crisis has highlighted the necessity of consuming healthy food products. With a rising population and increasing consumption of food, the demand for food antioxidants is expected to grow over the coming years. North America is also expected to experience significant growth over the forecast period, as the busy lifestyles of consumers in countries such as the U.S. and Canada lead to a heavy reliance on prepared foods. Food antioxidants are important for preserving food and preventing the formation of harmful free radicals in the human body, which is likely to drive demand for these products in North America in the near future.

Major market players included in this report are:
Naturex S.A
BASF SE
Archer Daniels Midland Company (ADM)
DuPont
Kalsec Inc.
Kemin Industries Inc.
Camlin Fine Sciences Ltd
3A Antioxidants
Eastman Chemical Company
Frutarom Industries Ltd

Recent Developments in the Market:
 In August 2022, Kalsec partnered with Infinome Biosciences to deliver naturally produced, highly innovative ingredients with superior quality and consistency in a sustainable way.
 In August 2022, Kemin launched ENTEROSURE, a new feed additive for the promotion of intestinal health in poultry. This solution is designed to enhance performance and reduce the impact of enteric challenges in poultry, providing better control over Enteritis, Colibacillosis, and Enterobacteriaceae. By adding ENTEROSURE to their poultry feed, producers can ensure better profitability and sustainability of their operations.
 In December of 2021, Barentz completed the acquisition of Gangwal Chemicals, an Indian company. This acquisition has positioned Barentz as a leading international distributor of specialty drugs and nutraceutical ingredients. By strengthening its presence in the high-growth and resilient pharma excipient distribution market, Barentz can now expand its presence in the fast-growing Asia-Pacific region.

Global Food Antioxidants Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Type, Form, Application, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Natural
Synthetic

By Form:
Dry
Liquid

By Application:
Meat & Poultry
Bakery & Confectionery
Fats & Oil
Fish
Pet Food
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Naturex S.A
BASF SE
Archer Daniels Midland Company (ADM)
DuPont
Kalsec Inc.
Kemin Industries Inc.
Camlin Fine Sciences Ltd
3A Antioxidants
Eastman Chemical Company
Frutarom Industries Ltd

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