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Global Food Antioxidant Market Size Value Estimated to Reach USD 2.05 Billion By 2028, at 6.01% CAGR

Global Food Antioxidant Market Size Value Estimated to Reach USD

Market Overview:
The Global Food Antioxidants market was estimated at USD 1.36 billion in 2021 and is anticipated to reach USD 2.05 billion by 2028, growing at a CAGR of 6.01%.

A high diet in antioxidants may reduce the risk of many diseases including certain cancers and heart disease. Antioxidants look for free radicals from the body cells and reduce or prevent the damage caused by oxidation. Antioxidants are found in various foods and prevent several of the damage caused by free radicals by neutralizing them. There are many sources of antioxidants which include nutrient antioxidants like vitamins A, C, and E, zinc, minerals copper, and selenium. Plant foods are rich sources of antioxidants. Antioxidants are most abundant in fruits and vegetables, as well as other foods including whole grains, nuts, and some poultry, meats, and fish.

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Market Dynamics:
Driver:
The increasing consumption and demand for processed food, in which food antioxidants are highly used, also improves the shelf life of products such as confectionery, bakery, and snack products. The presence of antioxidants effectively prevents oxidation and extends the shelf-life of food products. Synthetic antioxidants such as butylated hydroxyanisole (BHA), propyl gallate (PG), tert-butyl hydroquinone (TBHQ), and butylated hydroxytoluene (BHT), dominate the market. Further, research and development in this field and surveys conducted by the research institutes have powered the growth of the Food antioxidants market.

Opportunities:
Growing demand and popularity for bakery products are the major opportunity for the Food antioxidant market. As Food antioxidants are found to be effective in enhancing shelf life. Alpha-tocopherol, ascorbic acid, and beta-carotene were used in bakery products and will drive the demand for bakery products in the future. Antioxidants are inflammatory. In baking, whole-grain flour works with a high antioxidant content. And Whole grain is always high in demand which provides the opportunity for food Antioxidant in the future.

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Market Segmentation
Based on Type, the synthetic segment accounted for the maximum share in the food antioxidant market. Synthetic food antioxidants are manufactured from petroleum-based products. They are utilized primarily in the food industry to delay lipid oxidation for stabilizing and preserving refined fats & oils within a food system/product.

Based on Application, the prepared meat & poultry segment accounted for the maximum market share as well as the highest growth rate in the food antioxidants market. The usage of antioxidants can improve the shelf life of meat & poultry products.

Based on Form, the dry segment dominates the food antioxidant market over the forecast period. Numerous synthetic food antioxidants are in the dry form, which incorporates fine granular, fine powder, flakes, and tablets. The dry segment recorded a market share in the year 2018.

Based on Source, the market is categorized into fruits and vegetables, oils, spices & herbs, botanical extracts, gallic acids, nuts & seeds, and petroleum. There are various natural sources from where antioxidants are obtained. Depending on the further application, the source is decided.

By Type
• Natural
• Synthetic

By Application
• Prepared Foods
• Prepared Meat & Poultry
• Fats & Oils
• Beverages
• Bakery 7 Confectionery
• Seafood And
• Others

By Source
• Fruits & Vegetables
• Oils
• Spices & Herbs
• Botanical Extracts
• Gallic Acids
• Nuts & Seeds
• Petroleum

By Form
• Dry
• Liquid

Regional Analysis for Food Antioxidant Market:
In the Asia Pacific region, the food & beverages sector is greatly impacted by the consumer preference for healthy consumption, the trend towards natural and organic foods, and the rising need for convenience food products. With developing countries, increasing industrialization, rising urge for processed foods, and consumer preference for quality products, ingredient suppliers are becoming growingly optimistic about the growth of the food & beverage industry. These trends and preferences have generated a need for new additives in foods, despite the growing consciousness regarding the health hazards related to synthetic food additives.
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

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Key Industry Developments of the Food Antioxidant Market:
In December 2019, BASF launched the second phase of its latest, world-scale antioxidants production plant at its Caojing site in Shanghai, China. The second phase incorporates a synthesis plant to manufacture the antioxidants Irgafos® 168 and Irganox® 1076. By the completion of the second phase, the plant would have an annual capacity of 42,000 tons, mainly catering to consumers in China.
In October 2020, a Netherlands-based Barentz inaugurated the accretion of Maroon Group, one of the leading distributors of specialty chemicals (CASE and HI&I) and life science ingredients over North America. This accession would support the company build up its foothold further in North America and become a global leader in the life science and broader specialty chemical industries.

Players Covered in Food Antioxidant market are :
• VDH Chem Tech Pvt Ltd (India)
• Yasho Industries (India)
• Nagase Group (Japan)
• Fooodchem International Corporation (US)
• Guangzhou ZIO Chemicals Co. Ltd (China)
• Koninklijke DSM N.V. (Netherlands)
• Kemin Industries Inc. (the US)
• DuPont (US)
• Eastman Chemical Company (US)
• Barentz Group (Netherlands)
• Camlin Fine Sciences (India)
• Kalsec Inc. (US)
• Frutarom Ltd (Israel)
• BTSA (Spain)
• Archer-Daniels-Midland Company (US)
• Vitablend Nederland BV (Netherlands)
• Sasol Limited (South Africa)
• Advanced Organic Materials (Germany)
• Crystal Quinone Pvt Ltd. (India)
• Oxiris Chemicals S.A (Spain)
• Pharmorgana GmBH (Germany)
• Naturex (France)
• BASF SE (Germany)
• 3A Antioxidants (US) and Other major players.

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Table Of Content:
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application
 3.3 By Source
 3.4 By Form

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  3.5.1 Drivers
  3.5.2 Restraints
  3.5.3 Opportunities
  3.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 4: Food Antioxidant Market by Type
 4.1 Food Antioxidant Market Overview Snapshot and Growth Engine
 4.2 Food Antioxidant Market Overview
 4.3 Natural
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size (2016-2028F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Natural: Grographic Segmentation
 4.4 Synthetic
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size (2016-2028F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Synthetic: Grographic Segmentation

Chapter 5: Food Antioxidant Market by Application
 5.1 Food Antioxidant Market Overview Snapshot and Growth Engine
 5.2 Food Antioxidant Market Overview
 5.3 Prepared Foods
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Prepared Foods: Grographic Segmentation
 5.4 Prepared Meat & Poultry
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Prepared Meat & Poultry: Grographic Segmentation
 5.5 Fats & Oils
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Fats & Oils: Grographic Segmentation
 5.6 Beverages
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Beverages: Grographic Segmentation
 5.7 Bakery 7 Confectionery
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2016-2028F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Bakery 7 Confectionery: Grographic Segmentation
 5.8 Seafood And
  5.8.1 Introduction and Market Overview
  5.8.2 Historic and Forecasted Market Size (2016-2028F)
  5.8.3 Key Market Trends, Growth Factors and Opportunities
  5.8.4 Seafood And: Grographic Segmentation
 5.9 Others
  5.9.1 Introduction and Market Overview
  5.9.2 Historic and Forecasted Market Size (2016-2028F)
  5.9.3 Key Market Trends, Growth Factors and Opportunities
  5.9.4 Others: Grographic Segmentation

Chapter 6: Food Antioxidant Market by Source
 6.1 Food Antioxidant Market Overview Snapshot and Growth Engine
 6.2 Food Antioxidant Market Overview
 6.3 Fruits And Vegetables
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Fruits And Vegetables: Grographic Segmentation
 6.4 Oils
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Oils: Grographic Segmentation
 6.5 Spices & Herbs
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Spices & Herbs: Grographic Segmentation
 6.6 Botanical Extracts
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Botanical Extracts: Grographic Segmentation
 6.7 Gallic Acids
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size (2016-2028F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Gallic Acids: Grographic Segmentation
 6.8 Nuts & Seeds
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size (2016-2028F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Nuts & Seeds: Grographic Segmentation
 6.9 Petroleum
  6.9.1 Introduction and Market Overview
  6.9.2 Historic and Forecasted Market Size (2016-2028F)
  6.9.3 Key Market Trends, Growth Factors and Opportunities
  6.9.4 Petroleum: Grographic Segmentation

Chapter 7: Food Antioxidant Market by Form
 7.1 Food Antioxidant Market Overview Snapshot and Growth Engine
 7.2 Food Antioxidant Market Overview
 7.3 Dry
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Dry: Grographic Segmentation
 7.4 Liquid
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Liquid: Grographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
To Be Continued….

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