Product Code: PM2994
The global food antioxidants market size is expected to reach USD 2,155.69 million by 2032, according to a new study by Polaris Market Research. The report "Food Antioxidants Market Share, Size, Trends, Industry Analysis Report, By Type (Synthetic and Natural); By Form; By Application; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rapid increase in the adoption of food antioxidants in wide range of food products formulation to increase shelf life, enhance texture and flavor coupled with its ability to prevent products from oxidation especially for products containing fats or oils like fried food, instant noodles, nuts, edible oil, dairy products, and many others are key factors expected to boost the growth of the global market over the anticipated period. Moreover, increasing focus by both government and private organizations to develop more improved and innovated antioxidants to cater the rising demand while maintaining consumer health is fueling market growth significantly.
For instance, in November 2022, Frutarom, an Israel-based company introduced NutraT, a natural antioxidants line consisting all the benefits of a healthy Mediterranean diet. It is a ready to use soluble powder formulas that quickly dissolve in water, dairy products, and soft drinks and include four different types of mixes to capture large range of products.
In the recent years, consumer focus have shifted drastically towards the processed food including snacks, meats, beverages in large amount as a result of rapid growth of world's working population among both male and females. To prevent the various types of harm done to the human body by over consuming processed meals and to prevents oxidation also, people have started eating dietary antioxidants which assist the body to effectively eliminate free radicals especially in high income countries across the globe including United States, France, Japan, Germany, and United Kingdom.
Food Antioxidants Market Report Highlights
- The natural segment is expected to witness a high growth rate during the projected period on account of a shift in consumer preferences towards processed food and choosing healthier lifestyle
- Dry form segment held the significant market revenue share in 2022, which is mainly driven by increased usage of powder-based antioxidants for the formulation of variety of products
- Meat & poultry segment accounted for significant market share in 2022 due to growing consumption of meat and poultry products as a major source of protein and easy availability at low prices compared to other protein sources
- North America is anticipated to grow at fastest pace over the projected period owing to rising prevalence of busy life schedules and higher reliance on packaged and ready to eat food products
- The global key market players include: Archer Daniels Midland Company, DuPont, Kemin Industries, Camlin Fine Services, BASF SE, and Foodchem International Corporation
Polaris Market Research has segmented the food antioxidants market report based on type, form, application, and region:
Food Antioxidants, Type Outlook (Revenue - USD Million, 2019 - 2032)
Food Antioxidants, Form Outlook (Revenue - USD Million, 2019 - 2032)
Food Antioxidants, Application Outlook (Revenue - USD Million, 2019 - 2032)
- Meats & Poultry
- Bakery & Confectionary
- Fats & Oil
- Fish
- Pet Food
- Others
Food Antioxidants, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Food Antioxidants Market Insights
- 4.1. Food Antioxidants - Industry Snapshot
- 4.2. Food Antioxidants Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing awareness regarding protein-rich diets
- 4.2.1.2. Increasing end-use applications of food antioxidants
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost of natural food antioxidants
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Food Antioxidants Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Food Antioxidants Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 5.3. Synthetic
- 5.3.1. Global Food Antioxidants Market, by Synthetic, by Region, 2019-2032 (USD Million)
- 5.4. Natural
- 5.4.1. Global Food Antioxidants Market, by Natural, by Region, 2019-2032 (USD Million)
6. Global Food Antioxidants Market, by Product
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 6.3. Dry
- 6.3.1. Global Food Antioxidants Market, by Dry, by Region, 2019-2032 (USD Million)
- 6.4. Liquid
- 6.4.1. Global Food Antioxidants Market, by Liquid, by Region, 2019-2032 (USD Million)
7. Global Food Antioxidants Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 7.3. Meats & Poultry
- 7.3.1. Global Food Antioxidants Market, by Meats & Poultry, by Region, 2019-2032 (USD Million)
- 7.4. Bakery & Confectionery
- 7.4.1. Global Food Antioxidants Market, by Bakery & Confectionery, by Region, 2019-2032 (USD Million)
- 7.5. Fats & Oil
- 7.5.1. Global Food Antioxidants Market, by Fats & Oil, by Region, 2019-2032 (USD Million)
- 7.6. Fish
- 7.6.1. Global Food Antioxidants Market, by Fish, by Region, 2019-2032 (USD Million)
- 7.7. Pet Food
- 7.7.1. Global Food Antioxidants Market, by Pet Food, by Region, 2019-2032 (USD Million)
- 7.8. Others
- 7.8.1. Global Food Antioxidants Market, by Others, by Region, 2019-2032 (USD Million)
8. Global Food Antioxidants Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Food Antioxidants Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Food Antioxidants Market - North America
- 8.3.1. North America: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.3.2. North America: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.3.3. North America: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.3.4. Food Antioxidants Market - U.S.
- 8.3.4.1. U.S.: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.3.5. Food Antioxidants Market - Canada
- 8.3.5.1. Canada: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.4. Food Antioxidants Market - Europe
- 8.4.1. Europe: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.4.2. Europe.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.4.3. Europe: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.4.4. Food Antioxidants Market - UK
- 8.4.4.1. UK: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.4.4.3. UK: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.4.5. Food Antioxidants Market - France
- 8.4.5.1. France: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.4.5.2. France.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.4.5.3. France: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.4.6. Food Antioxidants Market - Germany
- 8.4.6.1. Germany: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.4.7. Food Antioxidants Market - Italy
- 8.4.7.1. Italy: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.4.8. Food Antioxidants Market - Spain
- 8.4.8.1. Spain: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.4.9. Food Antioxidants Market - Netherlands
- 8.4.9.1. Netherlands: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.4.10. Food Antioxidants Market - Russia
- 8.4.10.1. Russia: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.4.10.3. Russia: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.5. Food Antioxidants Market - Asia Pacific
- 8.5.1. Asia Pacific: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.5.4. Food Antioxidants Market - China
- 8.5.4.1. China: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.5.4.2. China.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.5.4.3. China: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.5.5. Food Antioxidants Market - India
- 8.5.5.1. India: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.5.5.2. India.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.5.5.3. India: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.5.6. Food Antioxidants Market - Malaysia
- 8.5.6.1. Malaysia: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.5.7. Food Antioxidants Market - Japan
- 8.5.7.1. Japan: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.5.8. Food Antioxidants Market - Indonesia
- 8.5.8.1. Indonesia: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.5.9. Food Antioxidants Market - South Korea
- 8.5.9.1. South Korea: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.6. Food Antioxidants Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.6.4. Food Antioxidants Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.6.5. Food Antioxidants Market - UAE
- 8.6.5.1. UAE: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.6.6. Food Antioxidants Market - Israel
- 8.6.6.1. Israel: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.6.7. Food Antioxidants Market - South Africa
- 8.6.7.1. South Africa: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.7. Food Antioxidants Market - Latin America
- 8.7.1. Latin America: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.7.3. Latin America: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.7.4. Food Antioxidants Market - Mexico
- 8.7.4.1. Mexico: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.7.5. Food Antioxidants Market - Brazil
- 8.7.5.1. Brazil: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
- 8.7.6. Food Antioxidants Market - Argentina
- 8.7.6.1. Argentina: Food Antioxidants Market, by Type, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Food Antioxidants Market, by Application, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Food Antioxidants Market, by Product, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Archer Daniels Midland Company
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Type Benchmarking
- 10.1.4. Recent Development
- 10.2. DuPont
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Type Benchmarking
- 10.2.4. Recent Development
- 10.3. Kalsec Inc.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Type Benchmarking
- 10.3.4. Recent Development
- 10.4. Kemin Industries
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Type Benchmarking
- 10.4.4. Recent Development
- 10.5. Camlin Fine Services
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Type Benchmarking
- 10.5.4. Recent Development
- 10.6. BASF
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Type Benchmarking
- 10.6.4. Recent Development
- 10.7. 3A Antioxidants
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Type Benchmarking
- 10.7.4. Recent Development
- 10.8. Eastman Chemical Company
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Type Benchmarking
- 10.8.4. Recent Development
- 10.9. Barentz Group
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Type Benchmarking
- 10.9.4. Recent Development
- 10.10. Sasol Limited
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Type Benchmarking
- 10.10.4. Recent Development
- 10.11. Crystal Quinone
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Type Benchmarking
- 10.11.4. Recent Development
- 10.12. Frutarom
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Type Benchmarking
- 10.12.4. Recent Development
- 10.13. Pharmorgana GmbH
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Type Benchmarking
- 10.13.4. Recent Development
- 10.14. Nagase Group
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Type Benchmarking
- 10.14.4. Recent Development
- 10.15. Foodchem International
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Type Benchmarking
- 10.15.4. Recent Development
- 10.16. Advanced Organic Materials
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Type Benchmarking
- 10.16.4. Recent Development