- Global Food Antioxidants Market Forecast to 2027
- The Global Food Antioxidants Market research report is a complete study that summarizes the most recent changes and advancements in the Food Antioxidants industry, with 2018 acting as the base year and the forecast year being 2020–2027. The analysis provides useful details on the market's size, share, sales channels, distribution system, market segmentation, consumer needs, industry trends, and potential for future growth. The research also looks at both global and regional market growth. The paper examines the COVID-19 pandemic's implications for the market for Food Antioxidants and its key segments.
- 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 Terrain:
- The global Food Antioxidants industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
- 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
- Research Report on the Food Antioxidants Market Addresses the Following Key Questions:
- Who are the dominant players of the Food Antioxidants market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Food Antioxidants market?
- What are the key growth drivers and restraining factors of the Food Antioxidants market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Food Antioxidants market and its key segments?
- 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
- Regional Landscape section of the Food Antioxidants report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
- The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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- The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Food Antioxidants market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
- Key Points of the Geographical Analysis:
- Data and information related to the consumption rate in each region
- Estimated increase in the consumption rate
- Proposed growth of the market share of each region
- Geographical contribution to market revenue
- Expected growth rate of the regional markets
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