The global food antioxidants market is anticipated to grow at a significant CAGR of 5.8% during the forecast period. Processed foods are ready-to-eat or ready-to-heat industrial formulations made mainly with ingredients refined or extracted from foods and containing additives. The increasing consumption of processed food across the globe is the primary factor propelling the growth of the food antioxidants market during the forecast period. Furthermore, in various emerging economies such as India and others, rapidly rising urbanization is positively linked to increased adaptation to western foods in many developing societies.
Impact of COVID-19 Pandemic on Global Food Antioxidants Market
The COVID-19 pandemic had impacted each industry across the globe. Due to the lockdown, the supply chain has been drastically disrupted and players faced a shortage of raw materials. The distribution of dairy food products such as meat, milk, bread, and other products was disrupted during the pandemic, which has negatively impacted the food antioxidants market. As people were more concerned about safety during that pandemic period which affected the global food supply chain. There was low production, less supply, and declining demand in the food antioxidants market during the forecast period.
Segmental Outlook
The global food antioxidants market is segmented based on type, form, source, and application. Based on the type, the market is sub-segmented into natural and synthetic. Based on the form, the market is sub-segmented into dry and liquid. Based on the source, the market is augmented into fruits & vegetables, oils, spices & herbs, nuts and seeds, and others including gallic acid, petroleum-derived. Further, based on the applications, the market is augmented into beverages, processed foods, nutraceuticals, personal care & cosmetics, and other applications. The above-mentioned segments can be customized as per the requirements. Among the applications, the processed foods segment is expected to hold a considerable share in the market during the forecast period. The growing usage and demand for antioxidant ingredients for meat and poultry products to improve and extend the shelf-life are expected to drive market growth.
Global Food Antioxidants Market Share by Type, 2021 (%)
The Natural Segment is Expected to Hold a Significant Share in the Global Food Antioxidants Market
Among the type segment, the natural segment is expected to hold a significant share in the market during the forecast period. With the increasing awareness among consumers about the adverse effects of synthetic antioxidants on the health of an individual, companies are pushing themselves to shift to producing natural antioxidants over synthetic food antioxidants during the forecast period. For instance, in June 2021, Ricela Group launched Gamma Oryzanol, a natural antioxidant. The product is widely used across the globe due to its multiple health benefits. It has also been launched in India in vegetarian capsule form for the first time.
Regional Outlooks
The global food antioxidants market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Europe region is expected to hold a remarkable share in the market during the forecast period. The increasing awareness among consumers on spending a healthy lifestyle is expected to provide growth in the market during the forecast period.
Global Food Antioxidants Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to be the Fastest-Growing Region in the Global Food Antioxidants Market
The Asia-Pacific region is expected to be the fastest-growing region in the market during the forecast period. The growing industrialization in the countries such as India, China, and Japan along with growing consumer demand for convenience food products in the region are some major factors fueling the growth of the market. Moreover, the increasing suppliers of the food and beverages industry are further propelling the growth of the food antioxidants market over the forecast period.
Market Players Outlook
The major companies serving the global food antioxidants market include Archer-Daniels-Midland Co., BASF SE, Barentz International BV, Camlin Fine Sciences Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in June 2021, Layn Natural Ingredients Corp. launched SustaNX, which becomes part of the company’s Plantae Preservation series of polyphenol-rich antioxidant preservation systems for foods, beverages, flavors, fragrances, and pet food. These next-generation preservation formulas contain proven and proprietary standardized extracts, enabling a mild sensory profile and ease in formulation, with no impact on taste or color in the application.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Food Antioxidants Market
• Recovery Scenario of Global Food Antioxidants Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Segmentation
4.1. Global Food Antioxidants Market by Type
4.1.1. Natural
4.1.2. Synthetic
4.2. Global Food Antioxidants Market by Form
4.2.1. Dry
4.2.2. Liquid
4.3. Global Food Antioxidants Market by Source
4.3.1. Fruits & Vegetables
4.3.2. Oils
4.3.3. Spices & Herbs
4.3.4. Nuts and Seeds
4.3.5. Others (Gallic acid, Petroleum-derived)
4.4. Global Food Antioxidants Market by Applications
4.4.1. Beverages
4.4.2. Processed Foods
4.4.3. Nutraceuticals
4.4.4. Personal Care & Cosmetics
4.4.5. Other Applications
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. 3A Antioxidants
6.2. Advanced Organic Materials
6.3. Archer-Daniels-Midland Co.
6.4. BASF SE
6.5. Barentz International BV
6.6. Camlin Fine Sciences Ltd.
6.7. DuPont de Nemours, Inc.,
6.8. Eastman Chemical Co.
6.9. Foodchem International Corp.
6.10. Guangzhou ZIO Chemicals Co. Ltd.
6.11. Kalsec Inc.
6.12. Koninklijke DSM N.V.
6.13. Kemin Industries, Inc.
6.14. Naturex SA
6.15. Nagase Group
6.16. Oxiris Chemicals S.A
6.17. Pharmorgana GmBH
6.18. Sasol Ltd.
6.19. VDH Chem Tech Pvt Ltd
6.20. Vitablend Nederland BV
6.21. Yasho Industries
1. GLOBAL FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL NATURAL FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL SYNTHETIC FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
5. GLOBAL DRY FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL LIQUID FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
8. GLOBAL FOOD ANTIOXIDANTS BY FRUITS & VEGETABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL FOOD ANTIOXIDANTS BY OILS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL FOOD ANTIOXIDANTS BY SPICES & HERBS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL FOOD ANTIOXIDANTS BY NUTS & SEEDS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL FOOD ANTIOXIDANTS BY OTHER SOURCES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
14. GLOBAL FOOD ANTIOXIDANTS FOR BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL FOOD ANTIOXIDANTS FOR PROCESSED FOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL FOOD ANTIOXIDANTS FOR NUTRACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL FOOD ANTIOXIDANTS FOR PERSONAL CARE & COSMETICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL FOOD ANTIOXIDANTS OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
20. NORTH AMERICAN FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. NORTH AMERICAN FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
22. NORTH AMERICAN FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
23. NORTH AMERICAN FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
24. NORTH AMERICAN FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
25. EUROPEAN FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. EUROPEAN FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
27. EUROPEAN FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
28. EUROPEAN FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
29. EUROPEAN FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
34. ASIA-PACIFIC FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
35. REST OF THE WORLD FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
36. REST OF THE WORLD FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
37. REST OF THE WORLD FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
38. REST OF THE WORLD FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY SOURCE, 2021-2028 ($ MILLION)
39. REST OF THE WORLD FOOD ANTIOXIDANTS MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL FOOD ANTIOXIDANTS MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL FOOD ANTIOXIDANTS MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL FOOD ANTIOXIDANTS MARKET, 2022-2028 (%)
4. GLOBAL FOOD ANTIOXIDANTS MARKET SHARE BY TYPE, 2021 VS 2028 (%)
5. GLOBAL NATURAL FOOD ANTIOXIDANTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL SYNTHETIC FOOD ANTIOXIDANTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL FOOD ANTIOXIDANTS MARKET SHARE BY FORM, 2021 VS 2028 (%)
8. GLOBAL DRY FOOD ANTIOXIDANTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL LIQUID FOOD ANTIOXIDANTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL FOOD ANTIOXIDANTS MARKET SHARE BY SOURCE, 2021 VS 2028 (%)
11. GLOBAL FOOD ANTIOXIDANTS BY FRUITS & VEGETABLES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL FOOD ANTIOXIDANTS BY OILS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL FOOD ANTIOXIDANTS BY SPICES & HERBS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL FOOD ANTIOXIDANTS BY NUTS & SEEDS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL FOOD ANTIOXIDANTS BY OTHER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL FOOD ANTIOXIDANTS MARKET SHARE BY APPLICATIONS, 2021 VS 2028 (%)
17. GLOBAL FOOD ANTIOXIDANTS FOR BEVERAGES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL FOOD ANTIOXIDANTS FOR PROCESSED FOODS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL FOOD ANTIOXIDANTS FOR NUTRACEUTICALS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL FOOD ANTIOXIDANTS FOR PERSONAL CARE & COSMETICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. GLOBAL FOOD ANTIOXIDANTS FOR OTHER APPLICATIONS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
22. GLOBAL FOOD ANTIOXIDANTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
23. US FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
24. CANADA FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
25. UK FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
26. FRANCE FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
27. GERMANY FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
28. ITALY FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
29. SPAIN FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF EUROPE FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
31. INDIA FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
32. CHINA FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
33. JAPAN FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
34. SOUTH KOREA FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
35. REST OF ASIA-PACIFIC FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)
36. REST OF THE WORLD FOOD ANTIOXIDANTS MARKET SIZE, 2021-2028 ($ MILLION)