According to Reports and Data's latest report, the global market size for food antioxidants was valued at USD 1.37 billion in 2021, and is expected to experience a compound annual growth rate (CAGR) of 6.1% during the forecast period
The food antioxidants market is being propelled by several factors, including the increasing demand for processed foods due to changing lifestyles and the growing awareness of protein-rich diets. Antioxidants are essential dietary supplements that can help prevent various diseases such as heart disease, cancer, cataracts, and memory loss. As a result, they are present in a wide range of processed foods such as breakfast cereals, energy drinks, sports bars, and other processed foods, which is contributing to the market's revenue growth. The use of antioxidants in the food industry is also widespread, as they help to extend the shelf life of foods. Bakery goods, snacks, and other packaged foods can benefit from the natural antioxidants found in various foods and medicinal plants, which are becoming increasingly popular in the market.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3980
Top Companies Operating in the Global Food Antioxidants Market Report:
ADM, DuPont, Cargill, Incorporated, DSM, Camlin Fine Sciences Ltd, Kemin Industries, Inc., Kalsec Inc., BTSA, VDH Chem Tech Pvt. Ltd., and Foodchem International Corporation.
Some Key Highlights from the Report
- The Asia Pacific food antioxidants market accounted for the highest revenue share in 2021, owing to rising demand from food manufacturers in developed countries to shift production facilities and operations to developing economies due to low establishment and production costs, the availability of low-cost labour, and rising demand for natural and synthetic food antioxidants for manufacturing various food products. High consumption and manufacturing of processed food, as well as increased knowledge about healthy food products, are driving market revenue growth in the area to some extent.
- The Asia Pacific food antioxidants market accounted for the highest revenue share in 2021, owing to rising demand from food manufacturers in developed countries to shift production facilities and operations to developing economies due to low establishment and production costs, the availability of low-cost labour, and rising demand for natural and synthetic food antioxidants for manufacturing various food products. High consumption and manufacturing of processed food, as well as increased knowledge about healthy food products, are driving market revenue growth in the area to some extent.
- Caldic announced a strategic relationship on May 27, 2021, in which Caldic Ingredients DACH would become Cargill's sole partner for the food business in Switzerland. Cargill's starches, sweeteners, and texturizers, as well as cocoa and chocolate, are included in the product range. Caldic's product offering for customers in the bread, beverage, confectionery, dairy, nutrition, and savoury food sectors will be expanded as a result of the collaboration.
To read more about the report @ https://www.reportsanddata.com/report-detail/food-antioxidants-market
The global Food Antioxidants market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Source Outlook (Revenue, USD Billion; 2019-2030)
- Fruits Vegetables
- Gallic Acid
- Petroleum
- Spices Herbs
- Oils
- Nuts Seed
Type Outlook (Revenue, USD Billion; 2019-2030)
- Natural Antioxidants
- Synthetic Antioxidants
Application Outlook (Revenue, USD Billion; 2019-2030)
- Fats Oils
- Snacks Dairy
- Seafood
- Meat Products
- Beverages
- Bakery Confectionery
Form Outlook (Revenue, USD Billion; 2019-2030)
- Dry
- Liquid
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/3980
Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.
Get Explore More Related Reports:
http://en.gigazine.net/?URL=https://www.reportsanddata.com/report-detail/fresh-cherries-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
Blog: https://www.reportsanddata.com/blogs
