The global antioxidants market is anticipated to grow at a considerable CAGR of around 5.5% during the forecast period (2022-2028). Increasing disposable income, growing population, and rapid urbanization have full filled the demand for animal products are such factors due to that the antioxidant market will grow. According to the data given by World Bank Data in 2020, 55% of the population across the globe will inhibit the cities. Meat consumption has been increased globally in the past 20 years that has spurred by 58% to reach 360 million tons. From which 54% is will increase as the population will increase. In meat industries various meat preservation and various other techniques are used, those include, salting, drying the meat sector has evolved to multiple advanced methods addition preventions this factor will propel the antioxidant market to grow.
Browse the full report description of “Global Antioxidants Market Size, Share & Trends Analysis Report by Type (Natural Antioxidants and Synthetic Antioxidants), by Form (Dry and Liquid), and by Application (Food & Feed Additives, Pharmaceuticals & Personal Care Products, Fuel & Lubricant Additives, Plastic, Rubber, and Latex Additives and Others) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/antioxidants-market
Moreover, various antioxidants manufacturers are launching and developing new preservatives and preservatives techniques for meat preservation. For instance, In May 2021, Layn Natural Ingredients Corp. launched SustaNX preservations systems that will replace them with synthetic antioxidants. The preservative ingredient systems are available in oil-dispersible liquids and water-soluble powders and will work in oil, butter, meat, baked foods, seasonings, essential oil, and pet food applications.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Form
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Archer Daniels Midland Co, Barentz International BV, BASF SE, Kalsec, Inc., Kemin Industries, Inc., NATUREX SA,Yasho Industries Ltd., 3A ANTIOXIDANTS, 3V Sigma USA Inc., and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Antioxidant Market Report Segment
By Type
By Form
By Application
Global Antioxidant market Report by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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