Global Food Antioxidant Market Growth 2023-2029

Global Food Antioxidant Market Growth 2023-2029

Food antioxidant is a kind of food additives, used to prevent or delay the oxidation, improve the stability and prolong the shelf life of food. The common food antioxidants include synthetic antioxidants (such as BHA, BHT, TBHQ, PG, etc.) and natural antioxidants (such as TP, VE).

LPI (LP Information)' newest research report, the “Food Antioxidant Industry Forecast” looks at past sales and reviews total world Food Antioxidant sales in 2022, providing a comprehensive analysis by region and market sector of projected Food Antioxidant sales for 2023 through 2029. With Food Antioxidant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food Antioxidant industry.

This Insight Report provides a comprehensive analysis of the global Food Antioxidant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food Antioxidant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Food Antioxidant market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food Antioxidant and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food Antioxidant.

The global Food Antioxidant market size is projected to grow from US$ 904.9 million in 2022 to US$ 847.4 million in 2029; it is expected to grow at a CAGR of 847.4 from 2023 to 2029.

North America is the largest Food Antioxidant market with about 28% market share. Europe is follower, accounting for about 27% market share.

The key players are Eastman, DowDuPont, Kemin, MERISOL, Lanxess, Yasho Industries, Milestone Preservatives, VDH Chemtech, RCP, GSI, Langfang Fuhai, Kolod Food Ingredients, Anhui Haihua, L&P Food Ingredient, Yantai Tongshi Chemical, Chicheng Biotech, Jiurui Biology & Chemistry etc. Top 3 companies occupied about 35% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Food Antioxidant market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Synthetic Antioxidants

Natural Antioxidants

Segmentation by application

Beverages

Oils & fats

Bakery

Meat, Poultry & Seafood products

Confectionery

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Eastman

DuPont

Kemin

MERISOL

Lanxess

Yasho Industries

Milestone Preservatives

VDH Chemtech

RCP

GSI

Langfang Fuhai

Kolod Food Ingredients

Anhui Haihua

L&P Food Ingredient

Yantai Tongshi Chemical

Chicheng Biotech

Jiurui Biology & Chemistry

Key Questions Addressed in this Report

What is the 10-year outlook for the global Food Antioxidant market?

What factors are driving Food Antioxidant market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Food Antioxidant market opportunities vary by end market size?

How does Food Antioxidant break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.