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In 2022, the market for food antioxidants was estimated to be worth USD 1.59 billion. The market for food antioxidants is anticipated to expand from USD 1.68 billion in 2023 to USD 2.29 billion in 2030, at a compound annual growth rate (CAGR) of 6.47% from 2023 to 2030. The key market factors influencing the growth of the food antioxidants market share are the expanding use of food antioxidants in a variety of food products to improve shelf life and the rising demand for natural and synthetic food antioxidants in the global food and beverage sectors.
Antioxidants are compounds that prevent oxidation, which could damage organisms' cells and produce free radicals. They can be obtained naturally from a range of fruits and vegetables, such as raspberries, spinach, and eggplant, or they can be manufactured artificially and added to a variety of foods. It is commonly used as an additive for fuel, plastic, and latex in addition to being a preservative in many processed food products. It also has a significant part in many medicinal and cosmetic products. The world's expanding population and the increasing demand for processed foods will both contribute to the market's expansion throughout the course of the anticipated timeframe.
Chemicals known as antioxidants help counteract the potentially detrimental effects of unstable compounds called free radicals. Free radicals are substances that develop as a result of the body's regular metabolic activities and general cellular wear and tear. Some of the free radicals that could injure or damage the body cells are destroyed by antioxidants. Food antioxidants are in demand because they are utilized to extend the shelf life of food products and prevent rancidity, which increases demand for goods like processed meat, packaged foods, etc.
The trends and opportunities in the market for food antioxidants are projected in this analysis. To comprehend the current overview and forecast the market's behavior over the projected period, this research study combines qualitative and quantitative analysis with thorough research methodology. In order to gather important data and valuables, our research teams used a variety of secondary resources and directories, including industrial databases, journals, magazines, and primary sources, along with industry-oriented measures, such as expert interviews with a focus on the industry. As a result, the information we have collected is advantageous for market participants.
Foods that have been processed to increase shelf life, lessen rancidity, and make them simpler to use are referred to as prepared foods. Due to factors including high discretionary income and a gradual rise in the number of working women, the prepared food business is anticipated to experience significant expansion in the upcoming years, which would benefit the market for food antioxidants. Demand for convenience meals has increased as a result of rising disposable incomes brought on by economic expansion, particularly in developing nations like China and India. According to a study that was published in the American Journal of Clinical Nutrition, the amount of calories consumed in the US from ultra-processed foods increased from 53.5% in the years 2001–2002 to 57% at the end of 2017–2018. Its simplicity of use, variety, and year-round availability are blamed for the surge in convenience and processed food consumption. Because they are pre-packaged and have preservatives added to avoid decomposition, convenience and processed foods are consumed over an extended period of time. Food that has been processed is very simple to carry to remote locations. Maintaining the product's quality, flavor, taste, and nutrient profile is so essential. The market for food antioxidants is significantly fueled by the lengthy shelf life of processed foods.
Regulations for food additives and food antioxidants are not widely known among food additives. There are tougher laws about the production, registration, and use of food additives as a result of rising health awareness and supporting research about the toxicity and health issues produced by a few food additives. Several regulatory authorities are currently establishing strict guidelines for the legal use of food additives. For instance, the FDA takes into account the following aspects when evaluating any food additive: 1) the additive's composition and qualities, 2) the amount generally ingested, 3) the impact on short- and long-term health, and 4) different safety considerations. Similar to this, the EU has established tight guidelines for the use of food additives. Only food additives that meet the requirements outlined in Regulation (EC) No. 1333/2008 may be used after receiving EU approval. There must be a technological requirement for their use, and they must be secure when in use. The consumer must not be misled by the use of food additives, and the consumer must gain from their use. The origin, freshness, and quality of the ingredients used, the naturalness of a product or of the manufacturing process, or the nutritional value of a product, particularly its fruit and vegetable content, are all examples of matters that may be utilized to deceive the consumer.
In the food and beverage industries, antioxidants are becoming more and more well-liked and are now recognized as significant ingredients. The ingredient is now widely used as a result of rising consumer knowledge of its advantages in reducing chronic diseases like diabetes. Market expansion has been hampered by the increased demand for the consumption of processed foods with high antioxidant content. The food's shelf life is extended by its presence since it prevents oxidation. Fast-paced lifestyles and an expanding working population have led to an increase in the consumption of processed meals. The working population in the United States increased from 64.4% in 2019 to 64.9% in 2020, according to the 2019 Bureau of Labor Statistics.
Additionally, customers are searching for superfoods that are high in protein and nutrient-dense. These factors affect how producers create new goods and use innovative technology. For instance, using Power-packed Molecule technology, Kemin Industries, Inc. created innovative and improved naturally derived antioxidant compounds in February 2019 that give comparable levels of food protection to conventional ones but require lower dosage amounts, resulting in significant cost savings. The CAGR for the food antioxidants market will be driven over the projected period by factors such as the expanding population, increased demand for processed foods, and the swift expansion of the pharmaceutical industry. The usage of these compounds in a variety of cosmetic goods has increasingly expanded in response to consumer demand for anti-aging treatments. These goods boost the market for food antioxidants by shielding human cells from inflammation and aging damage.
Report Coverage
Global Food Antioxidants research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Food Antioxidants report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Food Antioxidants competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Food Antioxidants market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Food Antioxidants market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Food Antioxidants market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Kemin Industries, Inc., Camlin Fine Sciences, Ltd., Archer Daniels Midland Company, Koninklijke DSM N.V., Kalsec Inc., Frutarom, Ltd., Eastman Chemical Company, E.I. Du Pont De Nemours and Company, BASF SE, Barentz Group, Cargill Inc, DuPont, 3A Antioixidants, Vitablend Nederland BV, Crystal Quinone Pvt Ltd, Sasol Limited, Naturex.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Food Antioxidants market based on the below-mentioned segments:
Global Food Antioxidants Market, By Type
Natural Antioxidants
Synthetic Antioxidants
Global Food Antioxidants market, By Application
Fats and Oils
Snacks & Dairy
Seafood
Meat Products
Beverages
Bakery & Confectionery
Global Food Antioxidants Market, By Source
Fruits and Vegetables
Gallic Acid
Petroleum
Spice and Herbs
Oils
Nuts and Seed
Global Food Antioxidants market, Regional Analysis
Antioxidants are compounds that prevent oxidation, which could damage organisms' cells and produce free radicals. They can be obtained naturally from a range of fruits and vegetables, such as raspberries, spinach, and eggplant, or they can be manufactured artificially and added to a variety of foods. It is commonly used as an additive for fuel, plastic, and latex in addition to being a preservative in many processed food products. It also has a significant part in many medicinal and cosmetic products. The world's expanding population and the increasing demand for processed foods will both contribute to the market's expansion throughout the course of the anticipated timeframe.
Chemicals known as antioxidants help counteract the potentially detrimental effects of unstable compounds called free radicals. Free radicals are substances that develop as a result of the body's regular metabolic activities and general cellular wear and tear. Some of the free radicals that could injure or damage the body cells are destroyed by antioxidants. Food antioxidants are in demand because they are utilized to extend the shelf life of food products and prevent rancidity, which increases demand for goods like processed meat, packaged foods, etc.
The trends and opportunities in the market for food antioxidants are projected in this analysis. To comprehend the current overview and forecast the market's behavior over the projected period, this research study combines qualitative and quantitative analysis with thorough research methodology. In order to gather important data and valuables, our research teams used a variety of secondary resources and directories, including industrial databases, journals, magazines, and primary sources, along with industry-oriented measures, such as expert interviews with a focus on the industry. As a result, the information we have collected is advantageous for market participants.
Foods that have been processed to increase shelf life, lessen rancidity, and make them simpler to use are referred to as prepared foods. Due to factors including high discretionary income and a gradual rise in the number of working women, the prepared food business is anticipated to experience significant expansion in the upcoming years, which would benefit the market for food antioxidants. Demand for convenience meals has increased as a result of rising disposable incomes brought on by economic expansion, particularly in developing nations like China and India. According to a study that was published in the American Journal of Clinical Nutrition, the amount of calories consumed in the US from ultra-processed foods increased from 53.5% in the years 2001–2002 to 57% at the end of 2017–2018. Its simplicity of use, variety, and year-round availability are blamed for the surge in convenience and processed food consumption. Because they are pre-packaged and have preservatives added to avoid decomposition, convenience and processed foods are consumed over an extended period of time. Food that has been processed is very simple to carry to remote locations. Maintaining the product's quality, flavor, taste, and nutrient profile is so essential. The market for food antioxidants is significantly fueled by the lengthy shelf life of processed foods.
Regulations for food additives and food antioxidants are not widely known among food additives. There are tougher laws about the production, registration, and use of food additives as a result of rising health awareness and supporting research about the toxicity and health issues produced by a few food additives. Several regulatory authorities are currently establishing strict guidelines for the legal use of food additives. For instance, the FDA takes into account the following aspects when evaluating any food additive: 1) the additive's composition and qualities, 2) the amount generally ingested, 3) the impact on short- and long-term health, and 4) different safety considerations. Similar to this, the EU has established tight guidelines for the use of food additives. Only food additives that meet the requirements outlined in Regulation (EC) No. 1333/2008 may be used after receiving EU approval. There must be a technological requirement for their use, and they must be secure when in use. The consumer must not be misled by the use of food additives, and the consumer must gain from their use. The origin, freshness, and quality of the ingredients used, the naturalness of a product or of the manufacturing process, or the nutritional value of a product, particularly its fruit and vegetable content, are all examples of matters that may be utilized to deceive the consumer.
In the food and beverage industries, antioxidants are becoming more and more well-liked and are now recognized as significant ingredients. The ingredient is now widely used as a result of rising consumer knowledge of its advantages in reducing chronic diseases like diabetes. Market expansion has been hampered by the increased demand for the consumption of processed foods with high antioxidant content. The food's shelf life is extended by its presence since it prevents oxidation. Fast-paced lifestyles and an expanding working population have led to an increase in the consumption of processed meals. The working population in the United States increased from 64.4% in 2019 to 64.9% in 2020, according to the 2019 Bureau of Labor Statistics.
Additionally, customers are searching for superfoods that are high in protein and nutrient-dense. These factors affect how producers create new goods and use innovative technology. For instance, using Power-packed Molecule technology, Kemin Industries, Inc. created innovative and improved naturally derived antioxidant compounds in February 2019 that give comparable levels of food protection to conventional ones but require lower dosage amounts, resulting in significant cost savings. The CAGR for the food antioxidants market will be driven over the projected period by factors such as the expanding population, increased demand for processed foods, and the swift expansion of the pharmaceutical industry. The usage of these compounds in a variety of cosmetic goods has increasingly expanded in response to consumer demand for anti-aging treatments. These goods boost the market for food antioxidants by shielding human cells from inflammation and aging damage.
Report Coverage
Global Food Antioxidants research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Food Antioxidants report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Food Antioxidants competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Food Antioxidants market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Kemin Industries, Inc., Camlin Fine Sciences, Ltd., Archer Daniels Midland Company, Koninklijke DSM N.V., Kalsec Inc., Frutarom, Ltd., Eastman Chemical Company, E.I. Du Pont De Nemours and Company, BASF SE, Barentz Group, Cargill Inc, DuPont, 3A Antioixidants, Vitablend Nederland BV, Crystal Quinone Pvt Ltd, Sasol Limited, Naturex. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Food Antioxidants Market from 2021 to 2030.
- Market Forecast for Food Antioxidants Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Food Antioxidants competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Food Antioxidants
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Food Antioxidants market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Food Antioxidants market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Kemin Industries, Inc., Camlin Fine Sciences, Ltd., Archer Daniels Midland Company, Koninklijke DSM N.V., Kalsec Inc., Frutarom, Ltd., Eastman Chemical Company, E.I. Du Pont De Nemours and Company, BASF SE, Barentz Group, Cargill Inc, DuPont, 3A Antioixidants, Vitablend Nederland BV, Crystal Quinone Pvt Ltd, Sasol Limited, Naturex.
Primary Target Market
- Market Players of Food Antioxidants
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Food Antioxidants market based on the below-mentioned segments:
Global Food Antioxidants Market, By Type
Natural Antioxidants
Synthetic Antioxidants
Global Food Antioxidants market, By Application
Fats and Oils
Snacks & Dairy
Seafood
Meat Products
Beverages
Bakery & Confectionery
Global Food Antioxidants Market, By Source
Fruits and Vegetables
Gallic Acid
Petroleum
Spice and Herbs
Oils
Nuts and Seed
Global Food Antioxidants market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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