GLOBAL FOOD ANTIOXIDANTS MARKET was valued at USD 1.12 Billion in the year 2017. Global Food Antioxidants Market is further estimated to grow at a CAGR of 5.04% from 2018 to reach USD 1.51 Billion by the year 2023. Asia-Pacific region holds the largest market share in 2017 and considered as the fastest growing market in the forecasted period. Country wise India, China, Japan, Australia and New Zealand holds the considerable market share. It growing mainly due to rise in consumption of food and increasing awareness for the healthy lifestyle.
E.I. Du Point De Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.) Camlin Fine Sciences Ltd (India), Kemin Industries, Inc. (U.S.), Barentz Group (the Netherlands) and Eastman Chemical Company (U.S.) are some of the key players in the Global Food Antioxidants market.
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Growing convenience food industry
Increasing processed food market
High costs of products
Limited awareness regarding food antioxidants
Emerging market in developing countries
Increasing demand and consumption
Threats of substitute products
Regulations and quality standards
The global Food Antioxidants Market is classified as by type, by form, by application, and by region. On the basis of types, the market is segmented into a Natural and Synthetic type of which synthetic antioxidants holds the highest market share with the high growth rate in coming years. The growth is mainly due to the wide application and increasing consumption in food and beverages industry. By Form, the Food Antioxidants market is segmented into Dry form and Liquid form.
On the other hand, based on application Prepared Meat & Poultry segment among Fats & Oils, Beverages, Seafood, Bakery & confectionery and others is estimated to be the largest market share in 2017 and is predicted to grow at highest CAGR in coming years. The growth is mainly due wide application and growing demand for meat and poultry products.
Key Benefits for Stakeholders
Food Antioxidants Manufacturers, Distributors, and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
Regulatory bodies, policy actors, and consumers.
Fats & Oils
Prepared Meat & Poultry
Bakery & confectionery
Food Antioxidants Market, By Form
Key Market Players
1. BASF SE (Germany)
2. E.I. Du Point De Nemours and Company (U.S.)
3. Archer Daniels Midland Company (U.S.)
4. Koninklijke DSM N V (the Netherlands)
5. Camlin Fine Sciences Ltd (India)
6. Kemin Industries Inc. (U.S.)
7. Barentz Group (The Netherlands)
8. Eastman Chemical Company (U.S.)
9. Kalsec, Inc. (U.S.)
10. Frutarom, Ltd. (Israel)
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(A brief overview of another 13 companies is also provided)
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