As per the report titled ‘Asia Pacific Food Antioxidants Market Size By Product, Application, Industry Analysis Report, Country Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, Asia Pacific food antioxidants market is projected to accumulate USD 1.15 billion by the year 2026.
 

Ever-increasing population and improving purchasing power are impelling the growth of food & beverages sector in Asia Pacific, which in turn is fostering the demand for food antioxidants. Moreover, consumer preference for new products with natural ingredients and longer shelf-life will provide impetus to Asia Pacific food oxidants market expansion.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3001290/
 

It is to be noted that beverages such juices and soft drinks require significant amount of natural antioxidants to neutralize their acidic properties. Escalating sales of packaged drinks in countries like China and India is stimulating the market outlook.
 

As per type, natural antioxidants market segment is slated to grow modestly over 2020-2026, on account of its extensive usage in organic beverages. Credible sources suggest that APAC organic beverage market was worth USD 18 billion in 2018 and is poised to reach USD 33 billion market by the year 2023, bolstering the demand for natural food antioxidants.
 

Meanwhile, synthetic food antioxidants industry segment in Asia Pacific was valued at USD 394.68 million in 2019 and is predicted to grow with a CAGR of 2.5% over the analysis timeframe. The product is chemically synthesized and prevents lipid oxidation, acting as preservative in food products.
 

Moving on to application scope, meat products segment accounted for 28.4% share of Asia Pacific food antioxidants market size in recent past and is touted register decent growth over the forecast period, owing to widespread adoption of protein rich diet among regional populace. Antioxidants such as tert-butylhydroquinone (TBHQ) and butylated hydroxyanisole (BHA) are added to dried meat, fish products, fresh pork &chicken sausages, and others to improve their shelf-life.
 

Speaking of competitive outlook, Givaudan SA, Frutarom Industries Ltd., Global Specialty Ingredients, Sinofi Ingredients, Koninklijke DSM N.V., DuPont de Nemours Inc., Lonza Group AG, Riken Vitamin Co. Ltd., Kalsec Inc., Camlin Fine Sciences Ltd., Yasho Industries, Kemin Industries, Vitablend Nederland B.V., BASF SE, Eastman Chemical Company, and Archer Daniels Midland Company (ADM) are the established names in APAC food antioxidants market.