Global Food Antioxidant Market 2021-2027
Antioxidants are compounds that inhibit oxidation, a chemical reaction that can produce free radicals and chain reactions that may damage the cells of organisms. Antioxidants play a major role in ensuring that food products retain their taste and color and do not become poisonous over a long period. Their use is particularly important for avoiding oxidation of fats and fat-containing products. According to market research study published by Gen Consulting Company, the market size of the global food antioxidant sector is expected to rise by USD 173 million with a CAGR of 5.4% by the end of 2027.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global food antioxidant market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the food antioxidant industry.
The food antioxidant market is segmented on the basis of product, application, and region. The food antioxidant market is segmented as below:
By product:
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