Global Food Antioxidants Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Food Antioxidants Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Natural, and Synthetic), Form (Liquid, and Dry), Application (Processed Foods, (Bakery & Confectionery, Snack products, and Meat products), Beverages, Fats & Oils, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Food Antioxidants Market was valued at USD 1,819.1 million in 2023 and is expected to reach USD 2,943.4 million by 2031 while growing at a CAGR of 6.2% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global food antioxidants market growth. Food antioxidants are added to prevent the oxidation of fats and oils in food, preventing rancidity and maintaining quality. Oxidation, triggered by oxygen, heat, light, or moisture, breaks down fats, causing off-flavors and odors.
Increasing consumer awareness of health and wellness, coupled with a rising demand for natural antioxidants, propels the growth of the food antioxidants market. Despite this, regulatory challenges, stringent standards, and health and safety concerns pose potential obstacles to market expansion.
Furthermore, the global food antioxidants industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Food Antioxidants Market is segmented among Natural, and Synthetic, based on Type. In 2023, Synthetic accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Form Analysis
The Global Food Antioxidants Market is segmented among Liquid, and Dry, based on Form. In 2023, Dry accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Food Antioxidants Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Cargill Incorporated, Archer Daniels Midland Company, BASF SE, DuPont, Advanced Organic Materials, S.A, Eastman Chemical Company, Kalsec Inc., DSM, International Flavors & Fragrances Inc. IFF, and Kemin Industries, Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Food Antioxidants Market Dynamics
Drivers
Restraints
Opportunity
4. Global Food Antioxidants Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Food Antioxidants Market Segmentation, By Type
Global Food Antioxidants Market Share Analysis, By Type
Global Food Antioxidants Market Growth Analysis, By Type
Global Food Antioxidants Market Trends, By Type
o Natural
o Synthetic
6. Global Food Antioxidants Market Segmentation, By Form
Global Food Antioxidants Market Share Analysis, By Form
Global Food Antioxidants Market Growth Analysis, By Form
Global Food Antioxidants Market Trends, By Form
o Liquid
o Dry
7. Global Food Antioxidants Market Segmentation, By Application
Global Food Antioxidants Market Share Analysis, By Application
Global Food Antioxidants Market Growth Analysis, By Application
Global Food Antioxidants Market Trends, By Application
o Processed Foods
Ø Bakery & Confectionery
Ø Snack products
Ø Meat products
o Beverages
o Fats & Oils
o Others
8. Global Food Antioxidants Market Segmentation, By Region
Global Food Antioxidants Market Share Analysis, By Region
Global Food Antioxidants Market Growth Analysis, By Region
Global Food Antioxidants Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Cargill Incorporated*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Archer Daniels Midland Company
BASF SE
DuPont
Advanced Organic Materials, S.A
Eastman Chemical Company
Kalsec Inc.
DSM
International Flavors & Fragrances Inc. IFF
Kemin Industries, Inc
*Similar analysis will be provided for each company listed above.
