In the world economic growth, the Food Antioxidants industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Food Antioxidants market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Food Antioxidants market size will be further expanded, we expect that by 2024, The market size of the Food Antioxidants will reach XXX million $.
Overview:
Antioxidants are compounds in foods that scavenge and neutralize free radicals. Antioxidants are man-made or natural substances that may prevent or delay some types of cell damage. They can be found in many foods, including fruits and vegetables. Food antioxidants are often used to increase the shelf-life of food items, such as packaged foods, processed meat, etc., resulting in the demand for food antioxidants. These additives are able to reduce or prevent spoilage of food due to oxidation, and therefore, prolong the shelf life of food products.
Market Drivers:
Increasing end-use applications of food antioxidants and rise in demand for food products with an extended shelf life is expected to boost the growth of the global food antioxidants market during the forecast period. For instance, in February 2022, Florida Food Products launched new plant-based, clean-label antioxidant solution, derived from acerola, rosemary, green tea, and rice bran extract, that maintains the desired color and flavor of meat and poultry products and helps extend their shelf life. Hence, such factors are expected to drive growth of the global food antioxidants market over the forecast period.
Moreover, increase in consumption of processed food, a rise in use of natural food antioxidants, and rapid growth of the prepared food industry is expected to augment the growth of the global food antioxidants market growth over the forecast period.
Market Restraints:
High cost of natural food antioxidants, safety issues with synthetic food antioxidants, and lack of awareness about the benefits of food antioxidants are some major factors expected to hamper growth of the global food antioxidants market during the forecast period.
Regional Insights:
North America, Europe, and Asia Pacific are expected to witness robust growth in the global food antioxidants market owing to the increasing use of food antioxidants, increase in end-use applications of food antioxidants, rise in consumption of processed/packaged food, and rise in demand for food products with an extended shelf life in these regions.
For instance, in July 2021, AstaReal announced the launch of NOVASTA, antioxidant-rich pet food and feed ingredient, into the European market. AstaReal dubs astaxanthin as nature’s most powerful antioxidant. The ingredient can be used in formulations for all kinds of animal feed, including companion animal diets, livestock, and aquaculture feed.
Competitive Section:
Major companies involved in the global food antioxidants market are Kemin industries, Kalsec, Camlin Fine Sciences, Barentz Group, Frutarom, Eastman Chemical, Koninklijke DSM N.V., Archer Daniels Midland, BASF SE, and E.I. Du Pont De Nemours, among others.
For instance, in June 2018, DuPont Nutrition & Health announced its debut of Guardian Toco 30p, a highly effective and label-friendly antioxidant from naturally sourced mixed tocopherols in a powder form.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
E.I. Du Pont De Nemours
BASF SE
Archer Daniels Midland
Koninklijke DSM N.V.
Eastman Chemical
Frutarom
Barentz Group
Camlin Fine Sciences
Kalsec
Kemin industries
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Dry
Liquid
Industry Segmentation
Fats and Oily Food
Beverages
Prepared Foods
Seafoods and Meats
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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