Food Antioxidants Market Insights: Drivers, Key Players, and Forecast 2030

Food Antioxidants Market Overview

Food antioxidants market is expected to grow at a CAGR of 5.47% and reach a value of USD 2.25 Bn by 2030

Food Antioxidants Market Trends

Food antioxidants are projected to gain in popularity as a result of their capacity to extend shelf life and improve product stability. The global food antioxidants industry is being driven by a massive growth in the use of ready-to-eat meals and regulatory laws. Food antioxidants' acceptability as a source of preservation has widened their applicability in the food business. On a global scale, rising consumer demand for ready-to-eat foods and products with longer shelf lives is expected to drive up market demand for food antioxidants. In the food sector, food antioxidants, whether synthetic or natural, are widely employed for this purpose. Increased consumer health awareness has a favorable impact on the natural food antioxidants market share. Antioxidants are commonly utilized in the meat business to slow down the decomposition process.

The trend among customers to consume ready-to-eat foods in the food and beverage business has created a new market for antioxidants in the industry. Its various applications, such as increasing shelf life, nutrition, and product aesthetics, have made it popular in the convenience food sector.

Synthetic antioxidants, on the other hand, have prompted concerns about their safety, which could limit the market for synthetic antioxidants over the projection period. The influence of COVID-19 on feed consumption has had a direct impact on meat and livestock products and byproducts, such as milk and eggs. This is primarily due to feed supply constraints as a result of many facilities being shut down and the bulk of large countries being placed on lockdown.

Furthermore, due to the fear of the virus (COVID-19) being transmitted to humans through the consumption of poultry products, there is a growing level of distrust among consumers. As a result, the global demand for animal feed has decreased.

Competitive Dynamics

The key players profiled in the food antioxidants market are Archer Daniels Midland (the U.S.), BASF SE (Germany), E.I. du Pont de Nemours and Company (the U.S.), Cargill Inc. (the U.S.), Eastman Chemical Company (the U.S.), Frutarom Ltd. (Israel), Kemin Industries, Inc (the U.S.)

Market Segmentation

The food antioxidants market research report is divided into two types: natural and synthetic. Synthetic antioxidants, for example, have a large market share due to their low cost and great production capacity.

The food antioxidants market is divided into sources, which include fruits and vegetables, nuts and seeds, oils and petroleum, spices and herbs, and others. Oils and petroleum have a large proportion of the market due to their wide range of applications and ease of availability, which has raised the demand for petroleum-based antioxidants to extend the shelf life of food goods.

Fats & Oils, Processed Foods, Beverages, Bakery & Confectionery, Meat & Poultry, and Others are the application segments of the food antioxidants market. Meat and poultry hold a significant share of the market due to their ease of degradation, which has boosted the demand for food antioxidants to extend the shelf life of food products.

Region Overview

North America, Europe, Asia Pacific, and the Rest of the World make up the worldwide food antioxidants market.

During the predicted period of 2022–2030, Asia Pacific is expected to maintain its dominance. One of the major causes of the rising adoption of natural food antioxidant-based products in the Asia Pacific market is growing consumer awareness and regulatory laws.

During the forecast period of 2022–2030, however, the global food antioxidants market share is expected to develop at the fastest rate in North America.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

Related Reports             

North America Cold Pressed Juices Market Research Report –Global Forecast
 

Comments

Post a Comment

Popular posts from this blog

RTD Beverages Market Outlook: Competitor, Regional Revenue, and Forecast 2032

Image
  RTD Beverages Market Scope The RTD beverages market will touch around USD 47.357 billion by 2030, recording a CAGR 5.40% between 2023 and 2032, reveals Market Research Future (MRFR). Growth Boosters and Challenges Ready to drink beverages have gained massive demand worldwide, particularly among millennials. The demand is especially high for RTD juices, nectars, and smoothies, in line with the emerging trend of a healthier lifestyle among consumers. The mass across the globe is growing aware of the different beverages and food they consume and carry out comparisons of the products to gain the benefits. Surging consumer awareness, a heightened number of informed consumers with clearer expectations, and their willingness to buy healthy goods can enhance the RTD beverages market outlook in the years ahead. Additionally, mounting awareness level about the toxic impact of alcohol consumption among the consumers is compelling them to go for RTD non-alcoholic beverages instead of ...
Read more

Europe Herbal Cigarettes Market Outlook with Investment, Gross Margin, and Forecast 2032

Image
Herbal Cigarettes Market Overview Herbal Cigarettes market Size Anticipated to Reach at a CAGR of 5.90% By 2023 – 2032 The herbal cigarettes market in Europe is growing steadily, driven by stringent anti-smoking regulations and a high level of health consciousness among consumers. Countries like the UK, Germany, and France are leading the demand for herbal cigarettes, as more people seek alternatives to traditional tobacco products. Herbal cigarettes, free from nicotine and tobacco, offer a perceived healthier option, appealing to both smokers looking to quit and those seeking a less harmful social smoking experience. The market features a wide array of products made from ingredients such as hemp, green tea, and various herbs, with popular flavors including menthol, clove, and other exotic blends. The European market benefits from a strong trend towards organic and natural products, with consumers increasingly prioritizing health and wellness. Both online and offline distribution chan...
Read more

Organic Soybean Market Share, Top Competitor, Regional Portfolio, and Forecast 2030

Image
Organic Soybean Market Overview The Organic Soybean Market has observed continued demand during the last few years and is projected to reach USD 3.433 billion at a CAGR of 12.56 % by 2030. Market Dynamics Vegan lifestyles are becoming more popular in many parts of the world. The good marketing done around the consumption of organic food and non-food items has contributed to the growth of veganism. Furthermore, there is little disagreement regarding the importance of eating organic foods for people who desire to live a greener lifestyle. As a result of the retaliation for animal cruelty, numerous people have become interested in becoming vegans. In the years ahead, the worldwide organic soybean market share is expected to grow by a significant amount. The demand for organic soybeans in the worldwide market is expected to rise in the coming years. The use of this type of soybean in the development of new recipes and cuisines has produced a huge market demand. The culinary sector has pro...
Read more