HOME Top Market Reports Food Antioxidants Market by Type (Natural, Synthetic), Form (Dry, Liquid), Source (Plant, Petroleum), Application (Fats & Oils, Prepared Foods/Meat/Poultry, Beverages, Bakery & Confectionery, Seafood), and Region - Global Forecast to 2022

Food Antioxidants Market by Type (Natural, Synthetic), Form (Dry, Liquid), Source (Plant, Petroleum), Application (Fats & Oils, Prepared Foods/Meat/Poultry, Beverages, Bakery & Confectionery, Seafood), and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: January 2017
Report Code: FB 4880

 

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The food antioxidants market was valued at USD 1.05 Billion in 2015. It is projected to grow at a CAGR of 5.10% from 2017, to reach 1.48 Billion by 2022. The base year considered for the study is 2015 and the forecast period is from 2017 to 2022. The objectives of the study are to define, segment, and measure the size of the food antioxidants market with respect to its type, application, form, source, and region. The report also aims to provide detailed information about the key factors influencing the growth of the market, strategical analysis of micromarkets, opportunities for stakeholders, details of competitive landscape, and profile of the key players with respect to their market share and competencies.

This report includes estimations of the market size in terms of value (USD million). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global market and to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research; some of the sources are press releases, annual reports, and financial journals, and paid databases such as Factiva and Bloomberg. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. The figure below shows the breakdown of profiles of industry experts that participated in the primary discussions.

Food Antioxidants Market

To know about the assumptions considered for the study, download the pdf brochure

The key players profiled in this report include E.I. Du Pont De Nemours and Company (U.S.), BASF SE (Germany), Archer Daniels Midland Company (U.S.), Koninklijke DSM N.V. (Netherlands), Eastman Chemical Company (U.S.), Frutarom, Ltd (Israel), Barentz Group (Netherlands), Camlin Fine Sciences, Ltd. (India), Kalsec, Inc. (U.S.), and Kemin industries, Inc. (U.S.).

This report is targeted at the existing players in the industry, which are as follows:

  • Government and research organizations
  • Food antioxidant associations and industrial bodies
  • Raw material suppliers and distributors
  • Food antioxidant traders, distributors, and dealers
  • Food antioxidant manufacturers
  • Research and consulting firms

“The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments”.

Scope of the Report

On the basis of Type, the market has been segmented as follows:

  • Natural antioxidants
  • Synthetic antioxidants

On the basis of Application, the market has been segmented as follows:

  • Fats & oils
  • Prepared foods (snacks & dairy)
  • Prepared meat & poultry
  • Beverages
  • Bakery & confectionery
  • Seafood
  • Others (chewing gum, infant milk formula, mayo, tea, and coffee)

On the basis of Form, the market has been segmented as follows:

  • Dry
  • Liquid

On the basis of Mode of Source, the market has been segmented as follows:

  • Fruits & vegetables
  • Oils
  • Nuts & seeds
  • Spices & herbs
  • Petroleum
  • Gallic acid

On the basis of Region, the market has been segmented as follows:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific scientific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the Rest of Asia-Pacific food antioxidants market into South Korea, Thailand, Indonesia, and Vietnam
  • Further breakdown of the Rest of Europe food antioxidants market into Spain, the Netherlands, and Greece
  • Further breakdown of food antioxidants market of other countries of the RoW region into Saudi Arabia, Egypt, Iran, and Israel

Company Information

  • Detailed analyses and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered in the Report
    1.5 Currency
    1.6 Units Considered
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
    2.2 Research Data
           2.2.1 Secondary Data
                    2.2.1.1 Key Data From Secondary Sources
           2.2.2 Primary Data
                    2.2.2.1 Key Data From Primary Sources
                    2.2.2.2 Key Industry Insights
                    2.2.2.3 Breakdown of Primaries
    2.3 Factor Analysis
           2.3.1 Introduction
           2.3.2 Demand-Side Analysis
                    2.3.2.1 Developing Economies With Emerging Middle-Income Population and Increasing Per Capita Income & Consumption
                    2.3.2.2 Growing Middle-Class Population
           2.3.3 Supply Side Analysis
    2.4 Market Size Estimation
           2.4.1 Bottom-Up Approach
           2.4.2 Top-Down Approach
    2.5 Market Breakdown & Data Triangulation
           2.5.1 Assumptions
           2.5.2 Limitations

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 36)
    4.1 Attractive Opportunities in this Market
    4.2 Food Antioxidants Market, By Region
    4.3 Asia-Pacific Food Antioxidants Market, By Source, 2016
    4.4 Food Antioxidants Market, By Type
    4.5 Market, By Application
    4.6 Life Cycle Analysis, By Region

5 Market Overview (Page No. - 42)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Type
           5.2.2 Source
           5.2.3 Application
           5.2.4 Form
           5.2.5 Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Growth in the Prepared Food Industry
                    5.3.1.2 Increasing End-Use Applications of Food Antioxidants
                    5.3.1.3 Increase in Purchasing Power/Growth in Middle-Class Population
           5.3.2 Restraints
                    5.3.2.1 High Cost of Natural Food Antioxidants/Safety Issues With Synthetic Food Antioxidants
                    5.3.2.2 Limited Awareness About the Benefits of Food Antioxidants
           5.3.3 Opportunities
                    5.3.3.1 Growing Demand in Emerging Economies
           5.3.4 Challenges
                    5.3.4.1 Stringent Government Regulations in Developed Countries
                    5.3.4.2 Increase in Packaging Costs Due to Multi-Page Labeling

6 Industry Trends (Page No. - 51)
    6.1 Introduction
    6.2 Supply Chain Analysis
           6.2.1 Prominent Companies
           6.2.2 Small & Medium Enterprises
           6.2.3 End Users (Manufacturers/Consumers)
           6.2.4 Key Influencers
    6.3 Export Import Data

7 Regulatory Framework (Page No. - 54)
    7.1 Introduction
    7.2 North America
           7.2.1 U.S.
           7.2.2 Canada
    7.3 Europe
    7.4 Asia-Pacific
           7.4.1 Australia
           7.4.2 Japan

8 Food Antioxidants Market, By Type (Page No. - 61)
    8.1 Introduction
    8.2 Synthetic Food Antioxidants
           8.2.1 Key Types of Synthetic Food Antioxidants
                    8.2.1.1 Butylated Hydroxyanisole (BHA)
                    8.2.1.2 Butylated Hydroxytoluene (BHT)
                    8.2.1.3 Tert-Butylhydroquinone (TBHQ)
                    8.2.1.4 Propyl Gallate
    8.3 Natural Food Antioxidants
           8.3.1 Key Types of Natural Food Antioxidants
                    8.3.1.1 Vitamin E
                    8.3.1.2 Vitamin C
                    8.3.1.3 Carotenoids
                    8.3.1.4 Rosemary Extract

9 Food Antioxidants Market, By Form (Page No. - 70)
    9.1 Introduction
    9.2 Dry
    9.3 Liquid

10 Food Antioxidants Market, By Source (Page No. - 75)
     10.1 Introduction
     10.2 Fruits & Vegetables
     10.3 Oils
     10.4 Nuts & Seeds
     10.5 Spices & Herbs
     10.6 Petroleum
     10.7 Gallic Acid

11 Food Antioxidants Market, By Application (Page No. - 84)
     11.1 Introduction
     11.2 Fats & Oils
     11.3 Prepared Foods
     11.4 Prepared Meat & Poultry
     11.5 Beverages
     11.6 Bakery & Confectionery
     11.7 Seafood
     11.8 Other Food Products

12 Food Antioxidants Market, By Region (Page No. - 101)
     12.1 Introduction
     12.2 North America
             12.2.1 U.S.
             12.2.2 Canada
             12.2.3 Mexico
     12.3 Europe
             12.3.1 Russia
             12.3.2 U.K.
             12.3.3 Italy
             12.3.4 France
             12.3.5 Germany
             12.3.6 Rest of Europe
     12.4 Asia-Pacific
             12.4.1 China
             12.4.2 India
             12.4.3 Japan
             12.4.4 Rest of Asia-Pacific
     12.5 Rest of the World (RoW)

13 Food Antioxidants Market, By Product Functionality (Page No. - 126)
     13.1 Introduction
             13.1.1 Nutrient Stability
             13.1.2 Flavor Stability
             13.1.3 Color Stability

14 Brand Overview (Page No. - 128)
     14.1 Introduction
             14.1.1 Covi-Ox: BASF SE
             14.1.2 Carocare: Koninklijke DSM N.V.
             14.1.3 Grindox: E. I. Du Pont De Nemours and Company
             14.1.4 Decanox: Archer Daniels Midland Company
             14.1.5 Tenox: Eastman Chemical Company

15 Competitive Landscape (Page No. - 129)
     15.1 Overview
     15.2 Market Environment
     15.3 Competitive Situation & Trends
             15.3.1 Expansions& Investments
             15.3.2 Acquisitions
             15.3.3 New Product Approvals & Launches
             15.3.4 Agreements, Collaborations, & Partnerships

16 Company Profile (Page No. - 139)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     16.1 Introduction
     16.2 BASF SE
     16.3 Archer Daniels Midland Company
     16.4 E.I. Du Pont De Nemours and Company
     16.5 Eastman Chemical Company
     16.6 Koninklijke DSM N.V.
     16.7 Frutarom, Ltd.
     16.8 Kemin Industries, Inc.
     16.9 Camlin Fine Sciences, Ltd.
     16.10 Barentz Group
     16.11 Kalsec Inc.

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

17 Appendix (Page No. - 170)
     17.1 Discussion Guide
     17.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     17.3 Introducing RT: Real-Time Market Intelligence
     17.4 Available Customizations
     17.5 Related Reports
     17.6 Author Details


List of Tables (96 Tables)

Table 1 Food Antioxidant Export-Import Data for Hs Code 290729 Which Stand for Polyphenols and Phenol-Alcohols (2015)
Table 2 Limitation for Use of BHA Alone Or in Combination With BHT as an Antioxidant in Food
Table 3 Limitation for Use of BHT Alone Or in Combination With BHA as an Antioxidant in Food
Table 4 Additives and Their Permitted Use in Various Food Applications
Table 5 Additives and Their Permitted Use in Various Food Applications
Table 6 List of Food Antioxidants With Permitted Levels
Table 7 Food Antioxidants With Standards of Use
Table 8 Global Food Antioxidants Market Size, By Type, 2015–2022 (USD Million)
Table 9 Food Antioxidants Market Size, By Type, 2015–2022 (USD Million)
Table 10 Market Size, By Type, 2015–2022 (Tons)
Table 11 Synthetic Food Antioxidants Market Size, By Region, 2015–2022 (USD Million)
Table 12 Synthetic Food Antioxidants Market Size, By Region, 2015–2022 (Tons)
Table 13 Natural Food Antioxidants Market Size, By Region, 2015–2022 (USD Million)
Table 14 Natural Food Antioxidants Market Size, By Region, 2015–2022 (Tons)
Table 15 Food Antioxidants Market Size, By Form, 2015–2022 (USD Million)
Table 16 Market Size, By Form, 2015–2022 (Tons)
Table 17 Dry Food Antioxidants Market Size, By Region, 2015–2022 (USD Million)
Table 18 Dry Food Antioxidants Market Size, By Region, 2015–2022 (Tons)
Table 19 Liquid Food Antioxidants Market Size, By Region, 2015–2022 (USD Million)
Table 20 Liquid Food Antioxidants Market Size, By Region, 2015–2022 (Tons)
Table 21 Food Antioxidants Market Size, By Source, 2015–2022 (USD Million)
Table 22 Market Size, By Source, 2015–2022 (Tons)
Table 23 Fruits & Vegetables Market Size, By Region 2015–2022 (USD Million)
Table 24 Fruits & Vegetables Market Size, By Region 2015–2022 (Tons)
Table 25 Oils Market Size, By Region 2015–2022 (USD Million)
Table 26 Oils Market Size, By Region, 2015–2022 (Tons)
Table 27 Nuts & Seeds Market Size, By Region 2015–2022 (USD Million)
Table 28 Nuts & Seeds Market Size, By Region 2015–2022 (Tons)
Table 29 Spices & Herbs Market Size, By Region 2015–2022 (USD Million)
Table 30 Spices & Herbs Market Size, By Region 2015–2022 (Tons)
Table 31 Petroleum Market Size, By Region 2015–2022 (USD Million)
Table 32 Petroleum Market Size, By Region 2015–2022 (Tons)
Table 33 Gallic Acid Market Size, By Region 2015–2022 (USD Million)
Table 34 Gallic Acid Market Size, By Region 2015–2022 (Tons)
Table 35 Food Antioxidants Market Size, By Application, 2015-2022 (USD Million)
Table 36 Market Size, By Application, 2015-2022 (Tons)
Table 37 Food Antioxidants Market Size for Fats & Oils, By Region, 2015-2022 (USD Million)
Table 38 Market Size for Fats & Oils, By Region, 2015-2022 (Tons)
Table 39 Food Antioxidants Market Size for Prepared Foods, By Region, 2015-2022 (USD Million)
Table 40 Market Size for Prepared Foods, By Region, 2015-2022 (Tons)
Table 41 Food Antioxidants Market Size for Prepared Meat & Poultry, By Region, 2015-2022 (USD Million)
Table 42 Market Size for Prepared Meat & Poultry, By Region, 2015-2022 (Tons)
Table 43 Food Antioxidants Market Size for Beverages, By Region, 2015-2022 (USD Million)
Table 44 Market Size for Beverages, By Region, 2015–2022 (Tons)
Table 45 Food Antioxidants Market Size for Bakery & Confectionery, By Region, 2015–2022 (USD Million)
Table 46 Market Size for Bakery & Confectionery, By Region, 2015–2022 (Tons)
Table 47 Food Antioxidants Market Size for Seafood, By Region, 2015–2022 (USD Million)
Table 48 Market Size for Seafood, By Region, 2015–2022 (Tons)
Table 49 Food Antioxidants Market Size for Other Food Products, By Region, 2015-2022 (USD Million)
Table 50 Market Size for Other Food Products, By Region, 2015-2022 (Tons)
Table 51 Food Antioxidants Market Size, By Region, 2015-2022 (USD Million)
Table 52 Market Size, By Region, 2015-2022 (Tons)
Table 53 North America: Food Antioxidants Market Size, By Country, 2015-2022 (USD Million)
Table 54 North America: Market Size, By Country, 2015-2022 (Tons)
Table 55 North America: Food Antioxidants Market Size, By Type, 2015-2022 (USD Million)
Table 56 North America: Market Size, By Type, 2015-2022 (Tons)
Table 57 North America: Food Antioxidants Market Size, By Source, 2015-2022 (USD Million)
Table 58 North America : Market Size, By Source, 2015-2022 (Tons)
Table 59 North America: Food Antioxidants Market Size, By Application, 2015-2022(USD Million)
Table 60 North America: Market Size, By Application, 2015-2022 (Tons)
Table 61 North America: Food Antioxidants Market Size, By Form, 2015-2022 (USD Million)
Table 62 North America: Market Size, By Form, 2015-2022 (Tons)
Table 63 Europe: Food Antioxidants Market Size, By Country, 2015-2022 (USD Million)
Table 64 Europe: Market Size, By Country, 2015-2022 (Tons)
Table 65 Europe: Food Antioxidants Market Size, By Type, 2015-2022 (USD Million)
Table 66 Europe: Market Size, By Type, 2015-2022 (Tons)
Table 67 Europe: Food Antioxidants Market Size, By Source, 2015-2022 (USD Million)
Table 68 Europe: Market Size, By Source, 2015-2022 (Tons)
Table 69 Europe: Food Antioxidants Market Size, By Application, 2015-2022(USD Million)
Table 70 Europe: Market Size, By Application, 2015-2022 (Tons)
Table 71 Europe: Food Antioxidants Market Size, By Form, 2015-2022 (USD Million)
Table 72 Europe: Market Size, By Form, 2015-2022 (Tons)
Table 73 Asia-Pacific: Food Antioxidants Market Size, By Country, 2015–2022 (USD Million)
Table 74 Asia-Pacific: Market Size, By Country, 2015–2022 (Tons)
Table 75 Asia-Pacific: Food Antioxidants Market Size, By Type, 2015–2022 (USD Million)
Table 76 Asia-Pacific: Market Size, By Type, 2015–2022 (Tons)
Table 77 Asia-Pacific: Food Antioxidants Market Size, By Source, 2015–2022 (USD Million)
Table 78 Asia-Pacific: Market Size, By Source, 2015–2022 (Tons)
Table 79 Asia-Pacific: Food Antioxidants Market Size, By Application, 2015–2022(USD Million)
Table 80 Asia-Pacific: Market Size, By Application, 2015–2022 (Tons)
Table 81 Asia-Pacific: Food Antioxidants Market Size, By Form, 2015–2022 (USD Million)
Table 82 Asia-Pacific: Market Size, By Form, 2015–2022 (Tons)
Table 83 RoW: Food Antioxidants Market Size, By Region, 2015–2022 (USD Million)
Table 84 RoW: Market Size, By Region, 2015–2022 (Tons)
Table 85 RoW: Food Antioxidants Market Size, By Type, 2015–2022 (USD Million)
Table 86 RoW: Market Size, By Type, 2015–2022 (Tons)
Table 87 RoW: Food Antioxidants Market Size, By Source, 2015–2022 (USD Million)
Table 88 RoW: Market Size, By Source, 2015–2022 (Tons)
Table 89 RoW: Food Antioxidants Market Size, By Application, 2015–2022(USD Million)
Table 90 RoW: Market Size, By Application, 2015–2022 (Tons)
Table 91 RoW: Food Antioxidants Market Size, By Form, 2015–2022 (USD Million)
Table 92 RoW:Market Size, By Form, 2015–2022 (Tons)
Table 93 Expansions & Investments, 2011-2016
Table 94 Acquisitions, 2011–2016
Table 95 New Product Approvals & Launches, 2011–2016
Table 96 Agreements, Collaborations, & Partnerships, 2011–2016


List of Figures (57 Figures)

Figure 1 Food Antioxidants Market: Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 GDP (PPP) of Top Economies, 2011–2015
Figure 4 Middle-Class Population in Asia-Pacific Projected to Account for the Largest Share in the Global Market By 2030
Figure 5 Market Size Estimation: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Market Breakdown & Data Triangulation
Figure 8 Global Overview of the Food Antioxidants Market, 2015–2022
Figure 9 Global Overview of the Food Antioxidants Market, By Type, 2017–2022
Figure 10 Prepared Meat & Poultry Dominated the Food Antioxidants Market, By Application, in 2015
Figure 11 Dry Segment Led the Food Antioxidants Market, in Terms of Value, in 2015
Figure 12 Petroleum Segment is Expected to Dominate this Market Through 2022
Figure 13 Asia-Pacific Accounted for the Largest Share, in Terms of Value, in 2015
Figure 14 Food Antioxidants: an Emerging Market With Promising Growth Potential, 2017–2022 (USD Million)
Figure 15 Asia-Pacific is Projected to Grow at the Highest Rate From 2017 to 2022
Figure 16 Synthetic Food Antioxidants Derived From Petroleum Products is Estimated to Account for the Largest Share in the Asia-Pacific Market in 2016
Figure 17 Natural Antioxidants is Projected to Dominate the Market Through 2022
Figure 18 Prepared Meat & Poultry Stands Accounted for the Largest Share in 2015, in Terms of Value
Figure 19 Asia-Pacific Food Antioxidants Market is Expected to Reach the Maturity Phase
Figure 20 Food Antioxidants Market Segmentation, By Type
Figure 21 Market Segmentation, By Source
Figure 22 Market Segmentation, By Application
Figure 23 Market Segmentation, By Form
Figure 24 Market Segmentation, By Region
Figure 25 Food Antioxidants Market: Drivers, Restraints, Opportunities, and Challenges
Figure 26 Food Antibiotics Market: Supply Chain
Figure 27 Food Antioxidants Market, By Type
Figure 28 TBHQ is Projected to Account for the Largest Share By 2022
Figure 29 Food Antioxidants Market, By Form
Figure 30 Fats & Oils is Projected to Hold the Largest Market Share Among All Applications of Food Antioxidants By 2022
Figure 31 Fats & Oils Market Size, By Region
Figure 32 Prepared Foods Market Size, By Region
Figure 33 Prepared Meat & Poultry Market Size, By Region
Figure 34 Beverages Market Size, By Region
Figure 35 Bakery & Confectionery Market Size, By Region
Figure 36 Seafood Market Size, By Region
Figure 37 Other Food Products Market Size, By Region
Figure 38 Geographic Snapshot (2015-2022): Asia-Pacific to Have the Largest Market Share
Figure 39 Geographic Snapshot of Countries: Emerging Economies are Growing Rapidly
Figure 40 North American Food Antioxidants Market Snapshot
Figure 41 Asia-Pacific Accounted for the Largest Market Share in 2015
Figure 42 The Key Growth Strategies Adopted By the Companies Over the Last Six Years
Figure 43 Food Antioxidants Market Share of Key Players and the Contribution of Food Antioxidants to Their Revenues
Figure 44 Expansions & Investments Fueled the Growth & Innovation in Food Antioxidants Between January 2013 and October 2016
Figure 45 Share of Key Strategies, 2011—2016
Figure 46 BASF SE: Business Overview
Figure 47 BASF SE: SWOT Analysis
Figure 48 Archer Daniel Midland Company: Company Snapshot
Figure 49 Archer Daniel Midland Company: SWOT Analysis
Figure 50 E.I. Du Pont De Nemours and Company: Business Overview
Figure 51 E.I.Du Pont De Nemours and Company: SWOT Analysis
Figure 52 Eastman Chemical Company: Business Overview
Figure 53 Eastman Chemical Company: SWOT Analysis
Figure 54 Koninklijke DSM N.V.: Company Snapshot
Figure 55 Koninklijke DSM N.V.: SWOT Analysis
Figure 56 Frutarom Ltd.: Business Overview
Figure 57 Camlin Fine Sciences, Ltd.: Business Overview

The food antioxidants market is projected to grow at a CAGR of 5.10% from 2017 to 2022, to reach a projected value of USD 1.48 Billion by 2022. Food antioxidants have been gaining significance due to a boom in the prepared food & beverage industry. They are used to increase the shelf life of prepared food products and thus used widely in the food & beverage industry to reduce damage due to rancidity. Busier lifestyles and increase in the disposable income have led to an increase in the demand for prepared foods providing convenience to the consumers who have lesser time to spend on cooking.

The synthetic antioxidants segment, by type, dominated the market in 2015; however, the natural antioxidants segment is projected to grow at a much higher rate due to safety issues associated with synthetic antioxidants. The dry food segment, by form, dominated the market in 2015; however, the liquid food segment, is projected to have a higher growth rate. The petroleum segment, by source, dominated the market in 2015. Whereas, the spices & herbs segment is projected to grow with a higher growth rate. The application of food antioxidants is the largest in the prepared meat & poultry segment, owing to the demand for processed meat & poultry products with food antioxidants, which would increase their shelf life and retain their nutrients, color, and flavor.

Asia-Pacific accounted for the largest regional market share in 2015 and is projected to grow at the highest CAGR for the next five years. Increase in demand for prepared foods due to the increasing middle class population and more women entering workforce is expected to play an important role in the demand for food antioxidants.

Food Antioxidants Market

Regulatory control on the use of certain compounds in different countries limited the range of food antioxidants. Approval from government bodies is required for the application of food antioxidants in food & beverage products to ascertain that the amount of food antioxidants are well within the permitted levels to avoid any side effects and safety issues.

The global market is a fragmented market with a large number of domestic manufacturers, formulators, and suppliers. Easy availability of inexpensive raw materials allows the entry of many small-scale manufacturers. BASF SE (Germany) and Archer Daniels Midland Company (U.S) are the key players in the food antioxidants market. The key strategy adopted by the companies is expansions & investments, collectively, for increasing their presence in high-demand markets of the U.S., Europe, and Asia-Pacific. This strategy helped the company in strengthening its portfolio in both established and emerging markets.

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