Food Antioxidants Market Insights, Global Industry Status and Outlook, Future Opportunity till 2025
28 November 2018 - The Global Food
Antioxidants Market is expected to witness significant demand
over the forecast period. Food antioxidants are responsible for longer shelf
life of food items and prevention of rancidity. Rise in consumption of
processed food, high purchasing power integrated with longer shelf life of food
leads to the growing demand of food antioxidants on a global scale.
Antioxidants are mainly found in fruits and vegetables with major health
benefits. Oxidation can nearly damage a DNA cell resulting in malfunctioning
leading to cancer, antioxidants on contrary fights significantly against
oxidation and other severe diseases. The
market witnesses a growing demand due to growing awareness among consumers that
are related to healthier choices and due to which the market for natural
antioxidants gains much attention. In the developed countries, mostly the
emphasis is on the additional benefits to human health and there has been
growing a stronger focus on natural antioxidants among the masses in the
developed countries. Moreover, there are improvements in the supply cycle of
antioxidant producers that are engaged in a vertical integration to encounter
the growing demand of the food processing industry.
The
driving factors responsible for the growth of food antioxidants market include
busier and sedentary lifestyle, rise in disposable income and availability of
packed foods have led to the demand for food antioxidants market. However, the
higher costs of natural antioxidants limit the application for food
manufacturers to opt-out for synthetic antioxidants. On the basis of type, the
global food antioxidants market is segmented into natural antioxidants and
synthetic antioxidants. On the basis of application, the global food
antioxidants market is segmented into fats and oils, prepared foods, prepared
meat & poultry, beverages, bakery & confectionery, seafood, chewing
gum, infant milk formula, mayo, tea & coffee. On the basis of form, the
global food antioxidants market is segmented into dry and liquid form. On the
basis of mode of source, the global food antioxidants market is segmented into
fruits & vegetables, oils, nuts & seeds, spices & herbs, petroleum
and gallic acid. On the basis of geographic segmentation, the global food
antioxidants market spans North America, Latin America, Europe, Asia Pacific,
Middle-East and Africa.
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APAC
regions dominate the global market owing to fertility of the market and
availability of strong consumer base. Synthetic antioxidants are likely to
remain a strong segment in the APAC regions. North America is a lucrative
market for food antioxidants too, owing to growing consumer awareness and availability
of health-conscious customer base. The key players in the global food
antioxidants market include Archer Daniels Midland company, BASF S.E., Camlin
Fine Sciences, EI Du pont De Nemours & Co, Eastman Chemicals, Kalsec Inc,
Naturex S.A and Vitablend Nederland B.V.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Food Antioxidants in these regions, from 2013
to 2025 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Food Antioxidants market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
E.I. Du Pont De Nemours
•
BASF SE
•
Archer Daniels Midland
•
Koninklijke DSM N.V.
•
Eastman Chemical
•
Frutarom
•
Barentz Group
•
Camlin Fine Sciences
•
Kalsec
•
Kemin industries
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