December 2, 2024

Food Antioxidants Market Size To Increase USD 3.70 Billion By 2032

The global food antioxidants market size was estimated to be around US$ 2 billion in 2022. It is projected to reach US$ 3.70 billion by 2032, indicating a CAGR of 6.40% from 2023 to 2032.

Food Antioxidants Market Size 2023 To 2032

Key Takeaways

  • Asia Pacific contributed more than 36% of revenue share in 2022.
  • North America is estimated to expand the fastest CAGR between 2023 and 2032.
  •  The synthetic segment has held the largest market share of 58% in 2022.
  • The natural segment is anticipated to grow at a remarkable CAGR of 8.7% between 2023 and 2032.
  • The dry segment generated over 75% of revenue share in 2022.
  • The liquid segment is expected to expand at the fastest CAGR over the projected period.
  • The meat & poultry segment had the largest market share of 37% in 2022.
  • The bakery & confectionery segment is expected to expand at the fastest CAGR over the projected period.

Overview

The Food Antioxidants Market plays a crucial role in maintaining the quality and shelf life of various food products. These antioxidants are substances that inhibit oxidation and prevent the deterioration of food items, preserving their color, flavor, and nutritional value. With consumers increasingly seeking fresh and minimally processed foods, the demand for food antioxidants has witnessed a significant surge.

Get a Sample: https://www.precedenceresearch.com/sample/3506

Growth Factors

The growth of the Food Antioxidants Market is primarily driven by the rising awareness among consumers about the importance of antioxidants in promoting health and preventing oxidative stress. Additionally, the growing food and beverage industry, coupled with advancements in food preservation technologies, contributes to the market’s expansion. The trend towards clean-label products and natural antioxidants further fuels the market growth.

Food Antioxidants Market Scope

Report Coverage Details
Growth Rate from 2023 to 2032 CAGR of 6.40%
Market Size in 2023 USD 2.12 Billion
Market Size by 2032 USD 3.70 Billion
Largest Market Asia Pacific
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Type, By Form, and By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Flexible Circuits Market Size Holds USD 65.24 Billion Potential Till 2032

Asia Pacific Food Antioxidants Market in 2023 To 2032

In North America, the food antioxidants market is experiencing continuous growth, particularly in the natural and clean-label product segments. Health-conscious consumers are fueling the demand for foods and beverages rich in antioxidants, with a strong emphasis on transparent ingredient lists. The region is also witnessing a rise in functional foods and nutraceuticals incorporating antioxidants to address specific health concerns. The regulatory environment in North America promotes innovation in antioxidant formulations that align with consumers’ preferences for clean labels and health-oriented choices.

Food Antioxidants Market Share, By Region, 2022 (%)

The Asia Pacific region is projected to undergo rapid expansion, driven by a population that is increasingly health-conscious and has higher disposable incomes. This has led to a growing demand for functional foods and antioxidant-enriched products, catering to the health and wellness goals of consumers.

The diverse culinary traditions in the region present unique opportunities to incorporate antioxidants into a wide range of dishes and snacks, appealing to consumers seeking dietary variety. Moreover, there is a noticeable trend towards the use of natural antioxidants, aligning with the regional preference for clean labels and minimally processed food options, further fueling market growth.

In the European food antioxidants market, there is a strong emphasis on clean label and natural ingredients. Consumers prioritize minimally processed food products free from artificial additives, driving the demand for natural antioxidants sourced from botanicals. Regulatory bodies in Europe play a crucial role in shaping the market by enforcing stringent food safety and labeling regulations, prompting manufacturers to invest in compliance and innovation to meet consumer preferences for cleaner, healthier food options.

By Type

Food antioxidants come in various types, with common categories including natural antioxidants and synthetic antioxidants. Natural antioxidants are derived from plants or other organic sources and are often perceived as healthier options. Examples include vitamin E, vitamin C, and polyphenols. On the other hand, synthetic antioxidants are chemically produced and added to food products to enhance their shelf life and stability. Both types play a crucial role in preventing food deterioration caused by oxidation.

By Form

The form of antioxidants in the Food Antioxidants Market is diverse, ranging from liquid to dry and powder forms. Liquid antioxidants are often used in oils and fats, providing a uniform distribution. Dry or powder forms are convenient for applications in dry mixes and baked goods. The choice of form depends on the specific requirements of the food product and the desired method of incorporation. Manufacturers consider factors such as solubility, stability, and ease of integration into different food matrices when selecting the appropriate form of antioxidants.

By Application

The application of food antioxidants is extensive, spanning across various food and beverage categories. Antioxidants play a crucial role in preserving the quality and freshness of products, particularly those prone to oxidation. Common applications include oils and fats, where antioxidants prevent rancidity; in bakery products, where they extend shelf life; and in beverages, where they maintain color and flavor. Additionally, antioxidants find use in meat products, snacks, and convenience foods. The versatility of these compounds makes them integral to the food industry, contributing to both product quality and consumer satisfaction.

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Recent Developments

  • In 2022, Kalsec® has entered a partnership with Infinome™ Biosciences to offer naturally derived and high-quality innovative ingredients, enhancing their product offerings in the market. This collaboration aims to meet the increasing demand for superior-quality ingredients in various applications.
  • In 2022, Kemin introduced ENTEROSURE™, an intestinal health solution aimed at bolstering control over enteric bacterial pathogens, resulting in reduced antibiotic usage.

Food Antioxidants Market Players

  • Archer Daniels Midland Company
  • DuPont de Nemours, Inc.
  • Kemin Industries, Inc.
  • BASF SE
  • Koninklijke DSM N.V.
  • Barentz
  • Naturex (a Givaudan Company)
  • Camlin Fine Sciences Ltd.
  • Eastman Chemical Company
  • Chr. Hansen Holding A/S
  • E. I. du Pont de Nemours and Company
  • Frutarom Industries Ltd.
  • Kalsec Inc.
  • Koninklijke DSM N.V.
  • Vitablend Nederland B.V.

Segments Covered in the Report

By Type

  • Synthetic
  • Natural

By Form

  • Dry
  • Liquid

By Application

  • Meat & Poultry
  • Bakery & Confectionery
  • Fats & oil, Fish
  • Pet Food
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Food Antioxidants Market 

5.1. COVID-19 Landscape: Food Antioxidants Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Food Antioxidants Market, By Type

8.1. Food Antioxidants Market Revenue and Volume, by Type, 2023-2032

8.1.1 Synthetic

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Natural

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Food Antioxidants Market, By Form

9.1. Food Antioxidants Market Revenue and Volume, by Form, 2023-2032

9.1.1. Dry

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Liquid

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Food Antioxidants Market, By Application 

10.1. Food Antioxidants Market Revenue and Volume, by Application, 2023-2032

10.1.1. Meat & Poultry

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. Bakery & Confectionery

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

10.1.3. Fats & oil, Fish

10.1.3.1. Market Revenue and Volume Forecast (2020-2032)

10.1.4. Pet Food

10.1.4.1. Market Revenue and Volume Forecast (2020-2032)

10.1.5. Others

10.1.5.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global Food Antioxidants Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.1.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.1.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.1.4.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.1.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.1.5.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.1.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.2.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.4.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.2.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.5.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.2.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.6.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.2.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.7.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.2.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.3.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.4.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.3.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.5.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.3.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.6.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.3.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.7.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.3.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.4.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.4.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.5.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.4.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.6.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.4.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.7.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.4.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.5.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.5.4.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.5.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.5.5.2. Market Revenue and Volume Forecast, by Form (2020-2032)

11.5.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

Chapter 12. Company Profiles

12.1. Archer Daniels Midland Company

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. DuPont de Nemours, Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Kemin Industries, Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. BASF SE

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Koninklijke DSM N.V.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Barentz

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Naturex (a Givaudan Company)

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Camlin Fine Sciences Ltd.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Eastman Chemical Company

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Chr. Hansen Holding A/S

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Blog: https://www.expresswebwire.com/

Blog: https://www.uswebwire.com/

Blog: https://www.dailytechbulletin.com/

Blog: https://www.autoindustrybulletin.com/


Leave a Reply

Your email address will not be published. Required fields are marked *