Antioxidants are chemicals that aid in fighting the potentially harmful effects of unstable substances known as free radicals. Free radicals are compounds formed during the bodys normal metabolic processes and through general wear and tear on body cells. Antioxidants help in destroying some of the free radicals that would harm or damage the body cells. They are used to increase the shelf-life of food items and prevent rancidity, thereby raising the demand for food items such as processed meat, packaged foods, etc., resulting in the demand for food antioxidants.
This report projects the trends and opportunities of the global food antioxidants market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period. Our research teams have used various secondary resources and directories such as industrial databases, journals, magazines, and primary resources coupled with industry oriented measures, which include industry-related expert interviews to obtain key information and valuables, which makes it an asset for players in the market.
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The global food antioxidants market is expected to witness significant demand owing to the consumption of processed food among the growing population. Moreover, owing to a rise in purchasing power coupled with longer shelf-life of food has led to growth in the demand for food antioxidants, globally. In addition, increasing awareness among consumers for healthier alternatives acts as a prominent factor that drives the market growth. The rising consumption of processed foods such as snacks, meat, and beverages among the rising middle class population in developing countries acts as a promising opportunity for the market growth. However, high costs of natural antioxidants limit the application for food manufacturers to stick to synthetic antioxidants.
The global food antioxidants markets market is segmented based on type, application, form, mode of source, and geography. By type, it is classified as natural antioxidants and synthetic antioxidants. Natural antioxidants is further segmented into vitamin E, vitamin C, carotenoids, and rosemary extracts. Synthetic antioxidants is further segmented into butylated hydroxyanisole, butylated hydroxytoluene, tert-butylhydroquinone, and propyl gallate.
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By application, the market is segmented into fats & oils, snacks & dairy, meat products, beverages, bakery & confectionery, seafood, and others (infant formula, chewing gum, and tea). By form, the market is divided into dry and liquid. By mode of source, the market is divided into fruits & vegetables, oils, nuts & seeds, spice & herbs, petroleum, and gallic acid. Geographically, the food antioxidants market is segmented by North America, Europe, Asia-Pacific, and LAMEA.
Key market players in this sector involve Archer Daniels Midland Company, E.I. Du Pont De Nemours and Company, Eastman Chemical Company, Koninklijke DSM N.V., Kemin Industries, Inc., Camlin Fine Sciences, Ltd., Frutarom, Ltd., Barentz Group, Kalsec Inc., and BASF SE
Key Benefits for Stakeholders:
o This report provides a quantitative analysis of the current trends, estimations, and dynamics through 20162023, which will assist in identifying prevailing market opportunities.
o Major countries in each region are mapped as per individual market revenue.
o The region-wise and country-wise food antioxidants market conditions have been comprehensively analyzed in the report.
o Key players of the food antioxidants market have been listed.
o This study evaluates the competitive landscape and value chain to understand the competitive environment across geographies.
o An in-depth analysis of segmentation of the food antioxidants market within the market has been provided, which will assist in prevailing market opportunities.
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