by on November 28, 2023

Food Antioxidants Market size is expected to expand from USD 3.15 Billion in 2023 to USD 5.75 billion by 2033, at a compound annual growth rate (CAGR) of 6.05% throughout the forecast period.

The food antioxidants market refers to the economic sector that makes and trades chemicals known as "antioxidants," which are used in the food and beverage industries to prevent or postpone oxidation of food items. The food antioxidants market has developed gradually over the years, owing to increased consumer demand for foods with longer shelf life and rising knowledge of the health benefits of antioxidants.

The numerous heating, frying, and preservation processes that processed foods are subjected to can result in nutrient deterioration as well as changes in flavour, texture, and colour. Consumers choose these items because antioxidants preserve their overall quality and appeal. The processed food industry is global, and commodities are typically delivered and stored for extended periods of time before reaching customers.

Food Antioxidants Market size is expected to expand from USD 3.15 Billion in 2023 to USD 5.75 billion by 2033, at a compound annual growth rate (CAGR) of 6.05% throughout the forecast period.

More and more consumers are looking for beverages with special health benefits, such as herbal teas, vitamin-enriched beverages, and antioxidant-rich fruit juices. Antioxidants are frequently added to these beverages to boost their health benefits and appeal to health-conscious consumers. The beverage sector, like the processed food industry, is becoming more natural and using ingredients with clean labelling.

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Food manufacturers may be forced to limit or eliminate the use of synthetic antioxidants in their products if regulatory authorities impose rigorous usage restrictions or outright ban the use of certain synthetic antioxidants. This may make maintaining the quality and shelf life of processed and packaged foods difficult. Natural antioxidants are typically more expensive than manufactured antioxidants.

Insights by Product

The synthetic food antioxidants segment is expected to reach USD 2.93 billion by 2033. Synthetic food antioxidants such as butylated hydroxyanisole (BHA), butylated hydroxytoluene (BHT), and tertiary butylhydroquinone (TBHQ) have been widely used in the food industry due to their effectiveness in preventing oxidation and extending the shelf life of numerous food products.

Insights by Application

The meat products segment is projected to achieve over 6.38% CAGR between 2024 to 2033. Demand for processed meat products such as sausages, cured meats, and ready-to-eat meat snacks has increased. Antioxidants are essential for preserving the quality and shelf life of these foods because they usually contain oxidised fats and oils.

Insights by Region

North America is anticipated to dominate the Food Antioxidants market from 2024 to 2033. North America has one of the largest and most established markets for food antioxidants. The sector has grown steadily over the years as customer demand for processed and packaged meals has increased, as has consumer interest in healthier and more natural food products.

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Asia Pacific is witnessing the fastest market growth and is expected to cross USD 1.96 billion by 2033. A large and growing population may be found throughout the Asia-Pacific area, particularly in China and India. As a result of urbanisation, more people are consuming processed and convenience foods, which commonly contain antioxidants to maintain quality and shelf life. This is generating a shift in dietary preferences.

Table of Contents (TOC) of Report:

Chapter 1. Methodology

  • Market Definition
  • Study Assumptions
  • Market Scope
    • Segmentation
    • Regions Covered
    • Base Estimates
    • Forecast Calculations
  • Data Sources
    • Primary
    • Secondary

Chapter 2. Executive Summary

Chapter 3. Food Antioxidants Market Insights

  • Market Overview
  • Market Drivers & Opportunity
  • Market Restrains & Challenges
  • Regulatory Landscape
  • Ecosystem Analysis
  • Technology & Innovation Outlook
  • Key Industry Developments
    • Partnership
    • Merger/Acquisition
    • Investment
    • Product Launch
  • Supply Chain Analysis
  • Porter's Five Forces Analysis
    • Threat of New Entrants
    • Threat of Substitutes
    • Industry Rivalry
    • Bargaining Power of Suppliers
    • Bargaining Power of Buyers
  • COVID-19 Impact
  • PESTLE Analysis
    • Political Landscape
    • Economic Landscape
    • Social Landscape
    • Technology Landscape
    • Legal Landscape
    • Environmental Landscape
  • Competitive Landscape
    • Introduction
    • Company Market Share
    • Competitive Positioning Matrix

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