In the food and beverage industries, antioxidants are becoming increasingly well-liked and are now recognized as significant additives. The additive is now widely used because of rising consumer awareness of its advantages in preventing chronic diseases like diabetes. Market expansion has been hampered by the rising demand for and consumption of processed foods with high antioxidant content. The food's shelf life is extended by its presence because it prevents oxidation. Fast-paced lifestyles and an expanding working population have led to an increase in the consumption of processed foods.
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Archer Daniels Midland (US)
Archer Daniels Midland Company (ADM) produces food & beverage ingredients, feed & feed ingredients, industrial ingredients, biofuels, and naturally derived alternatives to industrial chemicals. It operates through four segments- Agriculture services & oilseed, Carbohydrate solutions, Nutrition and Others. The Nutrition segment offers Food, beverages, nutritional supplements, and feed and premix for livestock, aquaculture, Plant-based proteins, natural flavors, flavor systems, natural colors, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, enzymes, botanical extracts, and other specialty food and feed ingredients are among the ingredients and solutions manufactured, sold, and distributed. The food antioxidant market related products are catered by the Nutrition business segment.
Tetra Laval (Switzerland)
Tetra Laval is one of the top leaders in food processing & packaging solutions. The company’s business operation is segmented into three individual entities: Tetra Pak, DeLaval, and Sidel. Tetra Pak’s product portfolio includes carton packages, processing equipment, packaging equipment, and distribution equipment automation solutions and services. Tetra Pak is a leading provider of processing equipment for the food & beverage industry. Tetra Pak products are uniquely equipped to provide solutions that meet their customers’ entire needs. Tetra Pak has operations in more than 160 countries across regions, including Asia Pacific, Europe & Central Asia, the Americas, and Greater Middle East & Africa, with over 55 plants. Of these 55, 15 are exclusively dedicated to processing solutions production facilities, 11 R&D units, and 11 technical centers. The company specializes in providing complete solutions specifically designed to be economical to process & package dairy products, juices & nectars, ice cream, cheese, dry foods, fruits, and vegetables using Tetra Pak lines, particularly for the developing market.
BASF SE (Germany)
BASF SE manufactures chemical products, operating in a variety of markets, including chemicals, plastics, performance products, agricultural solutions, and oil and gas. BASF SE operates through seven business segments-Chemicals, Materials, Industrial Solutions, Surface Technology, Nutrition & Care, Agricultural Solutions and Others segment (includes oil & gas and other technical services). In the Nutrition & Care segment, involving the Care Chemicals and Nutrition & Health divisions, they serve the growing and increasingly sophisticated demands for fast-moving consumer goods. This includes food and feed manufacturers, as well as pharmaceutical, cosmetics, detergent, and cleaner manufacturers. They also provide technical applications, crop protection, and nutrition solutions. The food antioxidant market related products are catered in this segment. It primarily operates in Europe and has an active presence in North America, Asia Pacific, South America, Africa, and the Middle East.
International Flavors & Fragrances Inc. (US)
International Flavors & Fragrances Inc. (IFF) is a global company that creates, manufactures, and supplies flavors, fragrances, and specialty ingredients for the food, beverage, consumer goods, and fragrance industries. The company operates through four business segments: Nourish, Health & Bioscience, Scent, and Pharma Solutions. The food antioxidant products are offered under its Health & Bioscience segment. The company has over 110 manufacturing facilities, 100 R&D centers, and customers worldwide, covering Asia, Europe, Africa, and the Americas. In 2021, IFF completed its merger with DuPont's Nutrition & Biosciences business, creating a global ingredients and solutions leader serving consumer-oriented food and beverage, home and personal care, and health and wellness end markets. This combination is expected to drive long-term, sustainable growth through an expanded portfolio, R&D capabilities, and market positions in high-value ingredients categories.
Eastman Chemical Company (US)
Eastman Chemical Company began its business in 1920 and has its headquarters in Kingsport, US. It is a global specialty chemical company engaged in the manufacturing of a wide range of chemicals, advanced materials, and fibers. The company has five business segments, namely Additive & Functional Products segment (AFP), Advanced Material Segment (AM), Fibers, Chemical Intermediaries (CI) and other operations. Food ingredients, which include antioxidants, which are a part of the AFP segment. The company markets the antioxidant compounds offered by it under the trademark “Tenox.”
Eastman supplies its products to customers throughout the globe. The company has more than 50 manufacturing sites and has four manufacturing joint ventures in about 100 countries, which meets consumer demand in diverse geographies. The company’s principal subsidiaries include Solutia Inc. (U.S.), Eastman (Shanghai) Chemical Commercial Company, Ltd. Jingan Branch (China), and Eastman Chemical B.V. (Netherlands).
DSM (The Netherlands)
The DSM (Dutch State Mines) is a global science-based company headquartered in the Netherlands that operates in the fields of health, nutrition, and materials. DSM was founded in 1902 as a state-owned mining company but has since diversified into various industries. The company operates through five business segments: Animal Nutrition & Health, Health, Nutrition & Care, Food & Beverage, Others and Corporate Activities. The food antioxidant market related products are catered by the Food & Beverage segment. The company assists its clients in developing customized solutions such as nutraceutical solutions, market-ready solutions, personalized nutrition solutions, premix solutions, and shelf-life solutions. The company also provides services such as application and technical services, innovation and R&D services, insights and marketing services, regulatory and quality services, and scientific services for their client base. The company has a presence in Europe, Africa, the Americas, Asia, and Australia. Alongside its strong global presence, the company has innovation centers in the US, the Netherlands, and Singapore to connect with its loyal customer base.
Food Antioxidants Market by Source (Fruits & Vegetables, Oils, Spices & Herbs, Botanical Extracts, Gallic Acid & Petroleum), Application (Fats & Oils, Prepared Meat & Poultry, Bakery & Confectionery), Type, Form and Region - Global Forecast to 2028
Mr. Aashish Mehra
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