Dublin, May 05, 2023 (GLOBE NEWSWIRE) -- The "Food Antioxidants - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Food Antioxidants estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$1.8 Billion by 2030, growing at a CAGR of 3.4% over the analysis period 2022-2030.
Synthetic, one of the segments analyzed in the report, is projected to record 3.1% CAGR and reach US$1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Natural segment is readjusted to a revised 3.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $364.3 Million, While China is Forecast to Grow at 5.9% CAGR
The Food Antioxidants market in the U.S. is estimated at US$364.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$355.9 Million by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.
Select Competitors (Total 41 Featured) -
- Archer Daniels Midland Company
- Barentz
- BASF SE
- Camlin Fine Sciences, Ltd.
- Dow, Inc.
- DuPont de Nemours, Inc.
- Eastman Chemical Company
- Frutarom Industries Ltd.
- Kalsec, Inc.
- Kemin Industries, Inc.
- Koninklijke DSM NV
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 323 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.3 Billion |
| Forecasted Market Value (USD) by 2030 | $1.8 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Antioxidants and Health Benefits
- Natural and Synthetic Antioxidants - A Review
- Global Food Antioxidants Market Set for a Rapid Growth
- Food Antioxidants - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Global Food Antioxidants Market Propelled by Rising Incidence of Cardiovascular Diseases, and Growing Awareness about its Health Benefits
- Strong Demand for Processed Food due to Increasing Disposable Incomes Provides Significant Market Opportunity
- Rise of Middle Class Population and their Increasing Affordability of Processed Food to Benefit Food Antioxidants Market
- Growing Urbanization Propels the Market for Food Antioxidants
- Health Concerns Related to Synthetic Antioxidant Make Consumers Shift towards Natural Antioxidants
- Increasing Demand for Natural Antioxidants Market to Spur Market Growth
- Extending Shelf-life of Meat Products with Natural Antioxidants
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/eyn63e
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