Food Antioxidant Market Report: Trends, Forecast and Competitive Analysis to 2030
Food Antioxidant Trends and Forecast
The future of the global food antioxidant market looks promising with opportunities in the meat & poultry, bakery & confectionery, fats & oil, fish, and pet food markets. The global food antioxidant market is expected to reach an estimated $2.07 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are expansion of the prepared foods industry and rising consumer inclination towards organic food and beverages.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Food Antioxidant by Segment
The study includes a forecast for the global food antioxidant by type, form, application, and region.
Food Antioxidant Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Food Antioxidant Market by Form [Shipment Analysis by Value from 2018 to 2030]:
Food Antioxidant Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Meat & Poultry
- Bakery & Confectionery
- Fats & Oil
- Fish
- Pet Food
- Others
Food Antioxidant Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Food Antioxidant Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies food antioxidant companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the food antioxidant companies profiled in this report include-
- BASF
- Archer Daniels Midland
- DuPont
- Kalsec
- Kemin Industries
- Camlin Fine Sciences
- 3A Antioxidants
- Eastman Chemical Company
- Frutarom
- Barentz
Food Antioxidant Market Insights
Lucintel forecasts that synthetic will remain the larger segment over the forecast period due to increasing utilization of butylated hydroxyanisole, butylated hydroxytoluene, tert-butylhydroquinone, and propyl gallate in various food production.
Within this market, meat & poultry will remain the largest segment due to growing consumption of meat and its related food products across the globe.
APAC will remain the largest region over the forecast period due to growing concerns towards the safety and quality of food and increasing number of strict regulations on low-quality antioxidants.
Features of the Global Food Antioxidant Market
Market Size Estimates: Food antioxidant market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Food antioxidant market size by type, form, application, and region in terms of value ($B).
Regional Analysis: Food antioxidant market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, forms, applications, and regions for the food antioxidant market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the food antioxidant market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the food antioxidant market size?
Answer: The global food antioxidant market is expected to reach an estimated $2.07 billion by 2030.
Q2. What is the growth forecast for food antioxidant market?
Answer: The global food antioxidant market is expected to grow with a CAGR of 5.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the food antioxidant market?
Answer: The major drivers for this market are expansion of the prepared foods industry and rising consumer inclination towards organic food and beverages.
Q4. What are the major segments for food antioxidant market?
Answer: The future of the food antioxidant market looks promising with opportunities in the meat & poultry, bakery & confectionery, fats & oil, fish, and pet food markets.
Q5. Who are the key food antioxidant market companies?
Answer: Some of the key food antioxidant companies are as follows:
- BASF
- Archer Daniels Midland
- DuPont
- Kalsec
- Kemin Industries
- Camlin Fine Sciences
- 3A Antioxidants
- Eastman Chemical Company
- Frutarom
- Barentz
Q6. Which food antioxidant market segment will be the largest in future?
Answer: Lucintel forecasts that synthetic will remain the larger segment over the forecast period due to increasing utilization of butylated hydroxyanisole, butylated hydroxytoluene, tert-butylhydroquinone, and propyl gallate in various food production.
Q7. In food antioxidant market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to growing concerns towards the safety and quality of food and increasing number of strict regulations on low-quality antioxidants.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the food antioxidant market by type (synthetic and natural), form (dry and liquid), application (meat & poultry, bakery & confectionery, fats & oil, fish, pet food, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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