Description
Food Antioxidants Market Analysis
Market Snapshot
The worldwide food antioxidants market is projected to register a notable CAGR of 5.47% by the end of 2030. A cell reinforcement is a component that forestalls oxidation. Today, there are both customary and manufactured antioxidants. Antioxidants are normally tracked down in numerous food things. There are bunches of purposes for these food antioxidants. These parts can forestall harm to cells. The utilization of food antioxidants in the drug market is developing quickly. Today, prepared-to-eat food things are filling quickly in numerous regions. Many favor these food things as they rush to get ready and eat. In this multitude of food enterprises, the utilization of food antioxidants is rising. By utilizing these parts, the general existence of these food things rises.
The worldwide food antioxidants market has seen a huge development rate throughout the course of recent years and is projected to enroll a 5.47% CAGR during the estimated time frame. The development of comfort foods is a significant driver and flooding urbanization and expanding worldwide meat utilization prod market development. The developing interest in arising economies is an open door in the worldwide market.
Market Segmentation
By type, the worldwide food antioxidants market has been divided into engineered and normal. Based on the source, the worldwide food antioxidants market has been divided into natural products and vegetables, oil and oils, nuts and seed, flavors and spices, and others. Considering application, the worldwide food antioxidants market has been divided into fats and oils, handled foods, drinks, bread kitchen and sweet shop, meat and poultry, and others.
Regional Analysis
The Asia Pacific represented the quickest income share development rate in the worldwide food antioxidants market in 2021. Rising utilization of handled food with high cancer prevention agent levels among shoppers with high extra cash in nations in the region is supposed to drive the development of the Asia Pacific food antioxidants during the estimated time frame. Among the regional markets. Income from the Meat and Poultry antioxidants market in the Asia Pacific is supposed to keep on growing at a fast rate during the figure time frame. The rising utilization of handled food items that have high food cancer prevention agent levels is driven by expanding discretionary cashflow among shoppers in nations in the region, and the trend is supposed to go on during the conjecture time frame. Food makers in nations in the region are progressively using regular food antioxidants in items to take special care of rising interest from a developing wellbeing cognizant customer base with a rising spotlight on dietary enhancements, practical foods, and healthful refreshments braced with antioxidants. The developing trend of clean-named food is another variable adding to the rising interest for regular antioxidants across food fabricating organizations. The rising foundation of assembling units in the region by key part attributable to the supporting industry climate given by legislatures offering charge impetuses ought to help industry development.
In North America, the flooding buyer agreement comprehensively drives the interest for normal food antioxidants to see handled food items as solid whenever got from regular fixings and clean name claims. With buyers presently utilizing the two terms conversely, it frequently impacts them to skip items figured out with counterfeit fixings.
Major Players
The key players included in the global food antioxidants market research report are BASF SE (Germany), Archer Daniels Midland (the U.S.), Eastman Chemical Company (the U.S.), E.I. du Pont de Nemours Company (the U.S.), Frutarom Ltd. (Israel), Kemin Industries, Inc (the U.S.), and Cargill Inc. (the U.S.).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 12
1.1 GLOBAL FOOD ANTIOXIDANTS MARKET, BY TYPE 14
1.2 GLOBAL FOOD ANTIOXIDANTS MARKET, BY SOURCE 15
1.3 GLOBAL FOOD ANTIOXIDANTS MARKET, BY APPLICATION 17
1.4 GLOBAL FOOD ANTIOXIDANTS MARKET, BY REGION 18
2 MARKET INTRODUCTION 19
2.1 DEFINITION 19
2.2 SCOPE OF THE STUDY 19
2.3 MARKET STRUCTURE 20
3 RESEARCH METHODOLOGY 21
3.1 RESEARCH PROCESS 21
3.2 PRIMARY RESEARCH 22
3.3 SECONDARY RESEARCH 23
3.4 MARKET SIZE ESTIMATION 24
3.5 TOP DOWN & BOTTOM-UP APPROACH 24
3.6 FORECAST MODEL 25
3.7 LIST OF ASSUMPTIONS 26
4 MARKET DYNAMICS 27
4.1 DRIVERS 27
4.1.1 GROWTH FOR CONVENIENCE FOODS 27
4.1.2 SURGING URBANIZATION & INCREASING GLOBAL MEAT CONSUMPTION TO SPUR MARKET GROWTH 28
4.1.3 DRIVER IMPACT ANALYSIS 29
4.2 RESTRAINTS 29
4.2.1 STRINGENT REGULATIONS ON FOOD ADDITIVES AND HIGH COST OF NATURAL FOOD ANTIOXIDANTS 29
4.2.2 RESTRAINT IMPACT ANALYSIS 30
4.3 OPPORTUNITIES 30
4.3.1 GROWING DEMAND IN EMERGING ECONOMIES 30
5 MARKET FACTOR ANALYSIS 31
5.1 SUPPLY CHAIN ANALYSIS 31
5.1.1 RAW MATERIALS 32
5.1.2 MANUFACTURES 32
5.1.3 DISTRIBUTION AND PACKAGING 32
5.1.4 END USER 32
5.2 PORTER’S FIVE FORCES MODEL 33
5.2.1 THREAT OF NEW ENTRANTS 33
5.2.2 BARGAINING POWER OF SUPPLIERS 34
5.2.3 THREAT OF SUBSTITUTES 34
5.2.4 BARGAINING POWER OF BUYERS 34
5.2.5 INTENSITY OF RIVALRY 34
5.3 IMPACT OF COVID-19 ON THE GLOBAL FOOD ANTIOXIDANTS MARKET 35
6 GLOBAL FOOD ANTIOXIDANTS MARKET, BY TYPE (VOLUME & VALUE) 37
6.1 OVERVIEW 37
6.2 NATURAL 38
6.3 SYNTHETIC 39
7 GLOBAL FOOD ANTIOXIDANTS MARKET, BY SOURCE (VOLUME & VALUE) 41
7.1 OVERVIEW 41
7.2 FRUITS & VEGETABLES 42
7.3 NUTS & SEEDS 43
7.4 OILS & PETROLEUM 44
7.5 SPICES & HERBS 45
7.6 OTHERS 46
8 GLOBAL FOOD ANTIOXIDANTS MARKET, BY APPLICATION (VOLUME & VALUE) 47
8.1 OVERVIEW 47
8.2 FATS & OILS 48
8.3 PROCESSED FOODS 49
8.4 BEVERAGES 50
8.5 BAKERY & CONFECTIONERY 51
8.6 MEAT & POULTRY 52
8.7 OTHERS 53
9 GLOBAL FOOD ANTIOXIDANTS, BY REGION (VOLUME & VALUE) 54
9.1 OVERVIEW 54
9.2 NORTH AMERICA 57
9.2.1 US 58
9.2.2 CANADA 61
9.2.3 MEXICO 64
9.3 EUROPE 67
9.3.1 GERMANY 69
9.3.2 UK 72
9.3.3 FRANCE 75
9.3.4 ITALY 78
9.3.5 REST OF EUROPE 81
9.4 ASIA-PACIFIC 84
9.4.1 CHINA 86
9.4.2 JAPAN 89
9.4.3 INDIA 92
9.4.4 REST OF ASIA PACIFIC 95
9.5 REST OF THE WORLD 98
10 COMPETITIVE LANDSCAPE 101
10.1 COMPETITIVE OVERVIEW 101
10.2 MAJOR GROWTH STRATEGY IN THE GLOBAL FOOD ANTIOXIDANTS MARKET 101
10.3 COMPETITIVE BENCHMARKING 102
10.4 COMPANY MARKET SHARE ANALYSIS, 2022 103
11 COMPANY PROFILES 104
11.1 ARCHER DANIELS MIDLAND COMPANY 104
11.1.1 COMPANY OVERVIEW 104
11.1.2 FINANCIAL OVERVIEW 105
11.1.3 PRODUCTS OFFERED 106
11.1.4 KEY DEVELOPMENTS 106
11.1.5 SWOT ANALYSIS 106
11.1.6 KEY STRATEGIES 107
11.2 BASF SE 108
11.2.1 COMPANY OVERVIEW 108
11.2.2 FINANCIAL OVERVIEW 109
11.2.3 PRODUCTS OFFERED 109
11.2.4 KEY DEVELOPMENTS 110
11.2.5 SWOT ANALYSIS 110
11.2.6 KEY STRATEGIES 110
11.3 KEMIN INDUSTRIES, INC 111
11.3.1 COMPANY OVERVIEW 111
11.3.2 FINANCIAL OVERVIEW 111
11.3.3 PRODUCTS OFFERED 111
11.3.4 KEY DEVELOPMENTS 112
11.3.5 KEY STRATEGIES 112
11.4 CARGILL INCORPORATED 113
11.4.1 COMPANY OVERVIEW 113
11.4.2 FINANCIAL OVERVIEW 114
11.4.3 PRODUCTS OFFERED 114
11.4.4 KEY DEVELOPMENTS 115
11.4.5 SWOT ANALYSIS 115
11.4.6 KEY STRATEGIES 115
11.5 EASTMAN CHEMICAL COMPANY 116
11.5.1 COMPANY OVERVIEW 116
11.5.2 FINANCIAL OVERVIEW 117
11.5.3 PRODUCTS OFFERED 117
11.5.4 KEY DEVELOPMENTS 118
11.5.5 SWOT ANALYSIS 118
11.5.6 KEY STRATEGIES 118
11.6 FRUTAROM LTD. 119
11.6.1 COMPANY OVERVIEW 119
11.6.2 FINANCIAL OVERVIEW 119
11.6.3 PRODUCTS OFFERED 119
11.6.4 KEY DEVELOPMENTS 120
11.6.5 KEY STRATEGIES 120
11.7 E. I. DU PONT DE NEMOURS AND COMPANY 121
11.7.1 COMPANY OVERVIEW 121
11.7.2 FINANCIAL OVERVIEW 122
11.7.3 PRODUCTS OFFERED 122
11.7.4 KEY DEVELOPMENTS 123
11.7.5 SWOT ANALYS 123
11.7.6 KEY STRATEGIES 123
12 APPENDIX 124
12.1 REFERENCES 124
12.2 RELATED REPORTS 124
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