Food Antioxidants Market Share, Size, Trends, Industry Analysis Report, By Type (Synthetic and Natural); By Form; By Application; By Region; Segment Forecast, 2023 - 2032

Food Antioxidants Market Share, Size, Trends, Industry Analysis Report, By Type (Synthetic and Natural); By Form; By Application; By Region; Segment Forecast, 2023 - 2032

The global food antioxidants market size is expected to reach USD 2,155.69 million by 2032, according to a new study by Polaris Market Research. The report “Food Antioxidants Market Share, Size, Trends, Industry Analysis Report, By Type (Synthetic and Natural); By Form; By Application; By Region; Segment Forecast, 2023 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rapid increase in the adoption of food antioxidants in wide range of food products formulation to increase shelf life, enhance texture and flavor coupled with its ability to prevent products from oxidation especially for products containing fats or oils like fried food, instant noodles, nuts, edible oil, dairy products, and many others are key factors expected to boost the growth of the global market over the anticipated period. Moreover, increasing focus by both government and private organizations to develop more improved and innovated antioxidants to cater the rising demand while maintaining consumer health is fueling market growth significantly.

For instance, in November 2022, Frutarom, an Israel-based company introduced NutraT, a natural antioxidants line consisting all the benefits of a healthy Mediterranean diet. It is a ready to use soluble powder formulas that quickly dissolve in water, dairy products, and soft drinks and include four different types of mixes to capture large range of products.

In the recent years, consumer focus have shifted drastically towards the processed food including snacks, meats, beverages in large amount as a result of rapid growth of world’s working population among both male and females. To prevent the various types of harm done to the human body by over consuming processed meals and to prevents oxidation also, people have started eating dietary antioxidants which assist the body to effectively eliminate free radicals especially in high income countries across the globe including United States, France, Japan, Germany, and United Kingdom.

Food Antioxidants Market Report Highlights

The natural segment is expected to witness a high growth rate during the projected period on account of a shift in consumer preferences towards processed food and choosing healthier lifestyle

Dry form segment held the significant market revenue share in 2022, which is mainly driven by increased usage of powder-based antioxidants for the formulation of variety of products

Meat & poultry segment accounted for significant market share in 2022 due to growing consumption of meat and poultry products as a major source of protein and easy availability at low prices compared to other protein sources

North America is anticipated to grow at fastest pace over the projected period owing to rising prevalence of busy life schedules and higher reliance on packaged and ready to eat food products

The global key market players include Archer Daniels Midland Company, DuPont, Kemin Industries, Camlin Fine Services, BASF SE, and Foodchem International Corporation

Polaris Market Research has segmented the food antioxidants market report based on type, form, application, and region:

Food Antioxidants, Type Outlook (Revenue – USD Million, 2019 – 2032)

Synthetic

Natural

Food Antioxidants, Form Outlook (Revenue – USD Million, 2019 – 2032)

Dry

Liquid

Food Antioxidants, Application Outlook (Revenue – USD Million, 2019 – 2032)

Meats & Poultry

Bakery & Confectionary

Fats & Oil

Fish

Pet Food

Others

Food Antioxidants, Regional Outlook (Revenue – USD Million, 2019 – 2032)

North America

U.S

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa