The most current market research report from Emergen Research focuses on the global market for Food Antioxidants and provides in-depth analysis of each of its major segments. The market size, revenue growth rate, industry statistics, revenue splits by regional markets, gross margins, production costs, and product portfolios are all included in reports on the worldwide Food Antioxidants market. The most significant micro- and macroeconomic elements, such as drivers, opportunities, trends, restrictions, challenges, demand and supply ratios, production and consumption patterns, stringent regulatory frameworks, and a host of other factors, are also discussed in the research.
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 the latest analysis by Emergen Research. This steady revenue growth can be attributed to changing consumer preferences, rising health and wellness concerns, and changing lifestyles. Demand for functional foods has been increasing due to the rising prevalence of non-communicable diseases as a result of weakened immunity. Increasing utilization of food antioxidants for the production of functional foods is expected to drive growth in the food antioxidants market during the forecast period. Growing demand for home food preservation options is another factor contributing to the rising utilization of food antioxidants in the food and beverage industries.
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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.
The leading market contenders listed 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
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
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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Key reasons to buy the Global Food Antioxidants Market report:
The latest report comprehensively studies the global Food Antioxidants market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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