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Food Antioxidants Market by Type, Form, Source, Application, and Region - Global Forecast to 2022

Food Antioxidants Market: Global Forecast until 2022

  • January 2017
  • 177 pages
  • ID: 4608257
In this report:
The natural food antioxidants segment is projected to grow at a higher CAGR of ##.##% during the forecast period and is expected to reach a volume of ##,##.## tons by 2022.
The food antioxidants market for fats & oils segment recorded volume of ##,##.## tons in 2015, and is expected to grow at a CAGR of ##.##% from 2017 to 2022.

Summary

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"The food antioxidants market is estimated to rise at a compound annual growth rate of ~5.1 percent"

The overall food antioxidants market is expected to grow significantly from an estimated value of ~$1.2B in 2017 to ~$1.5B by 2022, at a compound annual growth rate of ~5.1 percent. The food antioxidants market has been gaining importance due to its extensive use in the prepared foods & beverages market wherein the food antioxidants are used to growth the shelf life of processed snacks, dairy products, meat, poultry, seafood, beverages, and bakery products by preventing oxidative damage and rancidity of the these processed food & beverage products. A rise in the purchasing power of the overall population can also be attributed to the increase of the food antioxidants market. High cost of natural food antioxidants and safety issues with synthetic food antioxidants may lead to apprehensions associated to the use of food antioxidants. Limited awareness about the use and benefits of food antioxidants may also affect the market rise of food antioxidants.

"The prepared meat & poultry segment, by application, expected to be the quickest-increasing in the food antioxidants market"

The application of food antioxidants in the prepared meat & poultry sector recorded for the biggest share in 2015, and is expected to grow at the highest compound annual growth rate (CAGR) through 2022. Busier lifestyles, increase in disposable income and more women entering the workforce are the top reasons driving the sector for convenience-based products including prepared meat & poultry.

"Synthetic antioxidants recorded for the most dominant segment, by category, in 2015"

Synthetic antioxidants recorded for the biggest market share in 2015. Emerging economies mostly rely on synthetic antioxidants due to their considerably lesser cost compared to natural antioxidants. Nevertheless, natural antioxidants are gaining importance in the industry and this industry segment is anticipated to grow with a much higher Compound annual growth rate compared to that of synthetic antioxidants.

"Asia-Pac (APAC): The biggest and quickest-rising food antioxidants market"

APAC is forecasted to be the quickest-increasing regional market between 2017 and 2022. It was also the most important market for food antioxidants in 2015. Synthetic antioxidants recorded for a much higher share in Asia-Pac making it the biggest market. Improved standard of living and change in customer preference on prepared foods are driving the sector for food antioxidants in this area.

Break-up of Primaries:

- By Company Type - Tier 1 - 60.0 percent, Tier 2 - 25.0 percent, and 1/3 3 - 15.0 percent

- By Designation - Directors - 35.0 percent, C Level - 40.0 percent, and Manager Level - 25.0 percent

- By area - North america (NA) - 20.0 percent, Europe - 30.0 percent, Asia-Pacific - 40.0 percent, and rest of the world - 10.0 percent

- Kemin sectors, Incorporated

- Frutarom, Ltd

- Kalsec, Inc.

Scope of the Report:

The food antioxidants market has been split on the basis of type, form, source, and application which are further divided into their subsegments. It has also been broken down on the basis of area into North America continent, Europe (EU), Asia Pacific (APAC), and the Rest of the globe.

Why acquiring this study can help you:

- To get a comprehensive overview of the overall food antioxidants market

- To benefit wide ranging information about the top actors in this market, their products review, and top strategies approved by the actors.

- To benefit insights of the countries/localities in the food antioxidants sector

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