Food Antioxidants Market Size Worth USD 3.43 Billion by 2028 at 6.2% CAGR
iCrowdNewswire
Oct 20, 2021
The global food antioxidants market is expected to reach a market size of USD 3.43 Billion at a steady CAGR of 6.2% in 2028, according to latest analysis by Emergen Research. This steady revenue growth can be attributed to changing consumer preferences, rising health and wellness concerns, and changing lifestyle. Demand for functional foods has been increasing due to rising prevalence of non-communicable diseases as a result of weakened immunity. Increasing utilization of food antioxidants for production of functional foods is expected to drive growth of the food antioxidants market during the forecast period. Growing demand for home food preservation options is another factor contributing to rising utilization of food antioxidants in food and beverage industries.
Emergen Research has recently published a new report on the Global Food Antioxidants market that offers key insights about the regional and global scope of the Food Antioxidants market. It offers key details about the recent product launches, technological advancements, supply and demand ratio, and regulatory framework. The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2021-2028. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
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Increasing consumer preference for natural antioxidants is another factor driving market growth. Rising need to reduce spoilage and prevent deterioration and quality of meat due to microbial growth and lipid oxidation are other key factors contributing to increasing utilization of natural antioxidants across food and beverage industries. Food companies are increasingly utilizing naturally sourced antioxidants to maintain flavor and color and to extend the shelf-life of processed, fresh, cooked, and pre-cooked meats and related products.
The report also discusses the key players involved in the market such as BASF SE, Archer-Daniels-Midland Company, Koninklijke DSM N.V., DuPont, Eastman Chemical Company, Kemin Industries, Barentz Group, Camlin Fine Sciences Ltd., Kalsec Inc., and BTSA. and others as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Food Antioxidants market
Sales revenue by key players and new entrants
Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight to recent trends and opportunities
The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Food Antioxidants market with regards to market share, market size, production and consumption ratio, product launches and R&D activities, investment opportunities, and presence of key players in the region.
The report further segments the global Food Antioxidants market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.
Emergen Research has segmented the global food antioxidants market on the basis of application, type, source, and region:
Application Outlook (Revenue, USD Billion; 2021–2028)
Prepared Food
Seafood
Nutraceuticals
Fats & Oils
Plant-based Alternatives
Prepared Meat & Poultry
Bakery & Confectionery
Other Applications
Type Outlook (Revenue, USD Billion; 2021–2028)
Synthetic Antioxidants
Natural Antioxidants
Source Outlook (Revenue, USD Billion; 2021–2028)
Oils
Fruits and Vegetables
Spices and Herbs
Gallic Acid
Botanical Extracts
Petroleum-derived
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The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Food Antioxidants Market Segmentation & Impact Analysis
4.1. Food Antioxidants Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand for food products with extended shelf life
4.2.2.2. Increasing consumption of processed food
4.2.2.3. Rising health awareness among consumers
4.2.3. Market restraints analysis
4.2.3.1. High cost of natural antioxidants
4.2.3.2. Stringent regulations regarding synthetic antioxidants
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Food Antioxidants Market By Application Insights & Trends, Revenue (USD Billion)
5.1. Application Dynamics & Market Share, 2020 & 2028
5.1.1. Prepared food
5.1.2. Seafood
5.1.3. Nutraceuticals
5.1.4. Fats & Oils
5.1.5. Plant-based alternatives
5.1.6. Prepared meat & poultry
5.1.7. Bakery & confectionery
5.1.8. Other applications
Continued…!
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