The global food antioxidants market is expected to witness significant
demand over the forecast period. Food antioxidants are responsible for
longer shelf life of food items and prevention of rancidity. Rise in
consumption of processed food, high purchasing power integrated with longer
shelf life of food leads to the growing demand of food antioxidants on a global
scale. Antioxidants are mainly found in fruits and vegetables with major health
benefits. Oxidation can nearly damage a DNA cell resulting in malfunctioning
leading to cancer, antioxidants on contrary fights significantly against
oxidation and other severe diseases.
The market witnesses a growing demand due to growing
awareness among consumers that are related to healthier choices and due to
which the market for natural antioxidants gains much attention. In the
developed countries, mostly the emphasis is on the additional benefits to human
health and there has been growing a stronger focus on natural antioxidants
among the masses in the developed countries. Moreover, there are improvements
in the supply cycle of antioxidant producers that are engaged in a vertical
integration to encounter the growing demand of the food processing industry.
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The driving factors responsible for the growth of food
antioxidants market include busier and sedentary lifestyle, rise in disposable
income and availability of packed foods have led to the demand for food
antioxidants market. However, the higher costs of natural antioxidants limit
the application for food manufacturers to opt-out for synthetic antioxidants.
On the basis of type, the global food antioxidants market is segmented into
natural antioxidants and synthetic antioxidants. On the basis of application,
the global food antioxidants market is segmented into fats and oils, prepared
foods, prepared meat & poultry, beverages, bakery & confectionery,
seafood, chewing gum, infant milk formula, mayo, tea & coffee.
On the basis of form, the global food antioxidants market is
segmented into dry and liquid form. On the basis of mode of source, the global
food antioxidants market is segmented into fruits & vegetables, oils, nuts
& seeds, spices & herbs, petroleum and gallic acid. On the basis of
geographic segmentation, the global food antioxidants market spans North
America, Latin America, Europe, Asia Pacific, Middle-East and Africa.
APAC regions dominate the global market owing to fertility of
the market and availability of strong consumer base. Synthetic antioxidants are
likely to remain a strong segment in the APAC regions. North America is a
lucrative market for food antioxidants too, owing to growing consumer awareness
and availability of health-conscious customer base. The key players in the
global food antioxidants market include Archer Daniels Midland company, BASF
S.E., Camlin Fine Sciences, EI Du pont De Nemours & Co, Eastman Chemicals,
Kalsec Inc, Naturex S.A and Vitablend Nederland B.V.
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