Antioxidants are the components produced in the body and are also found in various types of food. They help to defend the cells in the human body from damage caused by harmful molecules known as free radicals by neutralizing them. Dietary food compounds, such as the phytochemicals in plants, are believed to have greater antioxidant effects than vitamins or minerals. Antioxidants include many food-based substances such as carotenoids like beta-carotene, lycopene and vitamin C. Antioxidant sources such as antioxidant foods, herbs, spices and teas, reduce the effects of free radicals, which plays a significant role in disease formation.
MARKET DYNAMICS
The food antioxidants market is expected to grow at a significant rate owing to high production and consumption of processed food in developed and developing countries. Moreover, higher living standards coupled with increasing purchasing power has led to rising demand for food antioxidants, globally. Also, increasing awareness among consumers for healthier alternatives coupled with longer shelf-life of food are the prominent factors leading to the constant growth of the market. The rising middle-class population in developing countries and rising demand for natural food antioxidants acts as a key opportunity for market growth. However, the availability of substitute products at low cost may hamper the growth of the food antioxidants market over the forecast period.
MARKET SCOPE
The "Global Food antioxidants Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the food antioxidants market with detailed market segmentation by type, form, source, application and geography. The global food antioxidants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food antioxidants market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global food antioxidants market is segmented on the basis of type, form, source and application. Based on type, the global food antioxidants market is divided into, synthetic food antioxidants and natural food antioxidants. The synthetic food antioxidants segment is further bifurcated into, Butylated Hydroxyanisole (BHA), Butylated Hydroxytoluene (BHT), Tert-Butylhydroquinone (TBHQ) and Propyl Gallate. Likewise, the natural food antioxidants segment is divided into, vitamin E, vitamin C, carotenoids and rosemary extract. Based on form, the global food antioxidants market is categorized into, dry and liquid. On the basis of source, the global food antioxidants market is segmented into, fruits & vegetables, oils, nuts & seeds, spices & herbs, petroleum and gallic acid. By application, the market is segment into, fats & oils, snacks & dairy, meat products, beverages, bakery & confectionery, seafood and others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global food antioxidants market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The food antioxidants market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the food antioxidants market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the food antioxidants market in these regions.
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MARKET PLAYERSThe reports cover key developments in the food antioxidants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from food antioxidants market are anticipated to lucrative growth opportunities in the future with the rising demand for food antioxidants in the global market. Below mentioned is the list of few companies engaged in the food antioxidants market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food antioxidants market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
-Archer Daniels Midland Company
-Barentz
-BASF SE
-Camlin Fine Sciences Ltd
-E.I. Du Pont De Nemours and Company
-Eastman Chemical Company
-Frutarom Group
-Kalsec Inc.
-Kemin Industries, Inc.
-Koninklijke DSM N.V.
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