The Food Antioxidants Market report provides information on market size, market share, revenue growth, and CAGR from 2021 to 2028. The report also provides key insights about the market’s top companies, as well as a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to provide readers with a competitive advantage. The report focuses on the current pandemic’s recent trends, major challenges and opportunities, and limitations.
According to the most recent report by Emergen Research, the global market for food antioxidants is anticipated to reach a market value of USD 3.43 billion at a consistent CAGR of 6.2% in 2028. Changing consumer preferences, growing health and wellness concerns, and changing lifestyles can all be blamed for this consistent revenue rise. Because of reduced immunity, there has been an increase in the prevalence of non-communicable diseases, which has increased demand for functional foods. The market for food antioxidants is anticipated to develop due to the rising use of these compounds in the creation of functional meals. Another factor driving up the use of food antioxidants in the food and beverage industry is the increased demand for at-home food preservation methods.
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Global Food Antioxidants Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers & Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Food Antioxidants market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Food Antioxidants market and pinpoint the fundamental growth trends.
Key Companies Profiled in the Report are:
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
Key Parameters Analyzed in This Section:
- Company Profiles
- Gross Revenue
- Profit margins
- Product sales trends
- Product pricing
- Industry Analysis
- Sales & distribution channels
Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East & Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
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Key Highlights of Report
- In January 2020, BASF announced that it is planning to expand production capacity for its antioxidant Irganox 1520L by 20% at the site in Pontecchio Marconi, Italy. Irganox 1520L is a key product in the antioxidant portfolio of BASF. The expansion is expected to help the company meet growing demand for antioxidants among its global consumers.
- Prepared meat & poultry segment accounted for largest market share of 2020. Rising need to extend the shelf-life of food products and enhance food quality is driving utilization of food antioxidants in prepared meat and poultry products.
- Natural antioxidants segment revenue is expected to expand at a rapid CAGR during the forecast period. Health risks associated with consumption of synthetic antioxidants and the potential toxicological effects is driving demand for natural antioxidants.
- Fruits and vegetables segment accounted for a significantly high revenue share in the food antioxidants market in 2020. Health-conscious consumers are increasingly preferring natural antioxidants derived from fruits and vegetables.
- Asia Pacific accounted for largest revenue share contribution to the global food antioxidants market in 2020. Food manufacturers in countries in the region are increasingly utilizing food antioxidants owing to rising demand among health-conscious consumers for dietary supplements, functional foods, and nutritional beverages fortified with antioxidants.
Market Overview:
The report bifurcates the Food Antioxidants market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- 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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Additional information offered by the report:
- Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Cobots market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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