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Food Antioxidant Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • February 2024
  • Region: Global
  • Lucintel
  • ID: 5980276

Food Antioxidant Trends and Forecast

The future of the global food antioxidant market looks promising with opportunities in the meat & poultry, bakery & confectionery, fats & oil, fish, and pet food markets. The global food antioxidant market is expected to reach an estimated $2.07 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are expansion of the prepared foods industry and rising consumer inclination towards organic food and beverages.

Food Antioxidant by Segment

The study includes a forecast for the global food antioxidant by type, form, application, and region.

Food Antioxidant Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Synthetic
  • Natural

Food Antioxidant Market by Form [Shipment Analysis by Value from 2018 to 2030]:

  • Dry
  • Liquid

Food Antioxidant Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Meat & Poultry
  • Bakery & Confectionery
  • Fats & Oil
  • Fish
  • Pet Food
  • Others

Food Antioxidant Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Food Antioxidant Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies food antioxidant companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the food antioxidant companies profiled in this report include:
  • BASF
  • Archer Daniels Midland
  • DuPont
  • Kalsec
  • Kemin Industries
  • Camlin Fine Sciences
  • 3A Antioxidants
  • Eastman Chemical Company
  • Frutarom
  • Barentz

Food Antioxidant Market Insights

The publisher forecasts that synthetic will remain the larger segment over the forecast period due to increasing utilization of butylated hydroxyanisole, butylated hydroxytoluene, tert-butylhydroquinone, and propyl gallate in various food production.

Within this market, meat & poultry will remain the largest segment due to growing consumption of meat and its related food products across the globe.

APAC will remain the largest region over the forecast period due to growing concerns towards the safety and quality of food and increasing number of strict regulations on low-quality antioxidants.

Features of the Global Food Antioxidant Market

  • Market Size Estimates: Food antioxidant market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Food antioxidant market size by type, form, application, and region in terms of value ($B).
  • Regional Analysis: Food antioxidant market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different types, forms, applications, and regions for the food antioxidant market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the food antioxidant market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the food antioxidant market size?
Answer: The global food antioxidant market is expected to reach an estimated $2.07 billion by 2030.

Q2. What is the growth forecast for food antioxidant market?
Answer: The global food antioxidant market is expected to grow with a CAGR of 5.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the food antioxidant market?
Answer: The major drivers for this market are expansion of the prepared foods industry and rising consumer inclination towards organic food and beverages.

Q4. What are the major segments for food antioxidant market?
Answer: The future of the food antioxidant market looks promising with opportunities in the meat & poultry, bakery & confectionery, fats & oil, fish, and pet food markets.

Q5. Who are the key food antioxidant market companies?
Answer: Some of the key food antioxidant companies are as follows:
  • BASF
  • Archer Daniels Midland
  • DuPont
  • Kalsec
  • Kemin Industries
  • Camlin Fine Sciences
  • 3A Antioxidants
  • Eastman Chemical Company
  • Frutarom
  • Barentz
Q6. Which food antioxidant market segment will be the largest in future?
Answer: The publisher forecasts that synthetic will remain the larger segment over the forecast period due to increasing utilization of butylated hydroxyanisole, butylated hydroxytoluene, tert-butylhydroquinone, and propyl gallate in various food production.

Q7. In food antioxidant market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to growing concerns towards the safety and quality of food and increasing number of strict regulations on low-quality antioxidants.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the food antioxidant market by type (synthetic and natural), form (dry and liquid), application (meat & poultry, bakery & confectionery, fats & oil, fish, pet food, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Food Antioxidant Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Food Antioxidant Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Food Antioxidant Market by Type
3.3.1: Synthetic
3.3.2: Natural
3.4: Global Food Antioxidant Market by Form
3.4.1: Dry
3.4.2: Liquid
3.5: Global Food Antioxidant Market by Application
3.5.1: Meat & Poultry
3.5.2: Bakery & Confectionery
3.5.3: Fats & oil
3.5.4: Fish
3.5.5: Pet Food
3.5.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Food Antioxidant Market by Region
4.2: North American Food Antioxidant Market
4.2.1: North American Food Antioxidant Market by Type: Synthetic and Natural
4.2.2: North American Food Antioxidant Market by Application: Meat & Poultry, Bakery & Confectionery, Fats & oil, Fish, Pet Food, and Others
4.3: European Food Antioxidant Market
4.3.1: European Food Antioxidant Market by Type: Synthetic and Natural
4.3.2: European Food Antioxidant Market by Application: Meat & Poultry, Bakery & Confectionery, Fats & oil, Fish, Pet Food, and Others
4.4: APAC Food Antioxidant Market
4.4.1: APAC Food Antioxidant Market by Type: Synthetic and Natural
4.4.2: APAC Food Antioxidant Market by Application: Meat & Poultry, Bakery & Confectionery, Fats & oil, Fish, Pet Food, and Others
4.5: ROW Food Antioxidant Market
4.5.1: ROW Food Antioxidant Market by Type: Synthetic and Natural
4.5.2: ROW Food Antioxidant Market by Application: Meat & Poultry, Bakery & Confectionery, Fats & oil, Fish, Pet Food, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Food Antioxidant Market by Type
6.1.2: Growth Opportunities for the Global Food Antioxidant Market by Form
6.1.3: Growth Opportunities for the Global Food Antioxidant Market by Application
6.1.4: Growth Opportunities for the Global Food Antioxidant Market by Region
6.2: Emerging Trends in the Global Food Antioxidant Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Food Antioxidant Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Food Antioxidant Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: BASF
7.2: Archer Daniels Midland
7.3: DuPont
7.4: Kalsec
7.5: Kemin Industries
7.6: Camlin Fine Sciences
7.7: 3A Antioxidants
7.8: Eastman Chemical Company
7.9: Frutarom
7.10: Barentz

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BASF
  • Archer Daniels Midland
  • DuPont
  • Kalsec
  • Kemin Industries
  • Camlin Fine Sciences
  • 3A Antioxidants
  • Eastman Chemical Company
  • Frutarom
  • Barentz

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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