Antioxidants are chemicals that help fight the potentially harmful effects of unstable substances called free radicals. Free radicals are compounds that form during normal body metabolism and 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 foods and prevent rancidity.
Market Data Analysis:
The Food Antioxidant market is projected to be valued at USD 411 million in 2019 and is anticipated to generate revenue of USD 602 million by the end of 2026, progressing at a GAGR of 5.61% between 2019 and 2026. Food Antioxidant global market is significantly rising across the globe on the back of increasing consumption of processed foods and the growing demand for longer shelf life products. Moreover, increasing end-use applications of food antioxidants and increase in purchasing in the middle-class population are also projected to boost the growth of the market. On the contrary, the Food Antioxidant market can be obstructed due to low awareness among consumers.
Geographically, the Food Antioxidant global market is divided into North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. Asia-Pacific was the major revenue generating region in 2018 with a share of 31.50% and is expected to show high growth in the coming years. The growth can be attributed to the rapidly growing food & beverage industry in this region. In addition, the rise in disposable income, increase in population, and growth in the demand for processed foods are driving the demand for Food Antioxidant, thereby propelling the growth of the market. North America and Europe accounted for a market share of 30.14% and 28.11% respectively in 2018.
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Market Classification:
Global Food Antioxidant market: Type segments
l Synthetic antioxidants
l Natural antioxidants
Global Food Antioxidant market: Application segments
l Beverages
l Bakery
l Meat, poultry & seafood products
l Confectionery
l Others
Global Food Antioxidant market: regional segments
l North America (United States, Canada, and Mexico)
l Europe (Germany, France, UK, Russia, and Italy)
l Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
l South America (Brazil, Argentina, Columbia)
l The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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To gain insight into the competitive landscape, the report includes an overview of key players in the Food Antioxidant market, including Eastman, Danisco (DUPONT), Kemin, MERISOL, Lanxess, Yasho Industries, Milestone Preservatives, VDH Chemtech, RCP, GSI, etc. These participants have adopted various growth strategies to meet the growing demand for Food Antioxidant market and to increase their market share.
Food Antioxidant Market Intended Audience:
l Food Antioxidant manufacturers
l Food Antioxidant importers and exporters
l Food Antioxidant traders, distributors, and suppliers
l Raw material suppliers of Food Antioxidant
l Food Antioxidant industry associations
l Product managers, Food Antioxidant industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Food Antioxidant Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Food Antioxidant Market by Types
4 Segmentation of Food Antioxidant Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Food Antioxidant Market in Major Countries
7 North America Food Antioxidant Landscape Analysis
8 Europe Food Antioxidant Landscape Analysis
9 Asia Pacific Food Antioxidant Landscape Analysis
10 Latin America, Middle East & Africa Food Antioxidant Landscape Analysis
11 Major Players Profile
11.1 Eastman
11.1.1 Eastman Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Danisco (DUPONT)
11.3 Kemin
11.4 MERISOL
11.5 Lanxess
11.6 Yasho Industries
11.7 Milestone Preservatives
11.8 VDH Chemtech
11.9 RCP
11.10 GSI
…
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