April 07, 2020
According to the research report titled ‘Food Antioxidant Market Size By Product, By Application, Regional Outlook, Price Trend, Application Development, Competitive Landscape & Forecast, 2019 – 2025’, available with Market Study Report LLC, the global food antioxidant market is expected to surpass USD 3.5 billion by the year 2025.
Antioxidants such as Vitamin E and Vitamin C are used to eliminate unpleasant odor and taste in food products caused by hydrolysis of fats & oils. Rising adoption of antioxidants in beverages, meat products, bakery & confectionary, and convenience food products is driving the food antioxidant market growth.
Notably, synthetic antioxidants such as BHT (Butylated Hydroxytoluene) and BHA (Butylated Hydroxyanisole) act as anti-microbial ingredients to protect food products from spoilage and thus maintains the flavor, color and texture of food items. Increasing utilization of antioxidants in beverages, processed foods, fast foods and desserts are further aiding the market expansion.
As per the product type, polyphenols antioxidant market segment is expected to cross USD 350 million by the year 2025. The antioxidant boosts insulin sensitivity and facilitates in reducing the risk of type 2 diabetes. This factor along with easy availability of polyphenols antioxidants are contributing towards popularity of the product across the globe.
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The report states that meat application of food antioxidants in Japan is expected to cross USD 70 million by the year 2025. Antioxidants acts as a food stabilizer to maintain freshness of the product. Increasing consumption of fish, sausages and beef steaks is facilitating the business scenario in Japan.
Meanwhile, fats & oils application segment of Canada food antioxidant industry is presumed to expand with a CAGR of 4.5% during 2019-2025. Antioxidants limits the oxidation of fats & oils and enhances the shelf-life of products comprised of lipids. Escalated intake of fast food is favoring the market outlook.
The report cites that Italy food antioxidant industry share from processed food application is predicted to exceed USD 35 million by the year 2025. Growing inclination towards convenience food products and rising number of supermarkets are stimulating the industry outlook.
The bakery & confectionary application of food antioxidants in UK is expected to grow with a CAGR of 4% through 2025. Antioxidants such as vitamin E and C are used in producing jellies, potato chips, breads and cakes in order to minimize hydrolysis of fat.
Givaudan SA, Frutarom Industries Ltd., Global Specialty Ingredients, Sinofi Ingredients, DSM, DowDuPont, Lonza, Riken Vitamin, Kalsec Inc., Camlin Fine Chemicals, Yasho Industries, Kemin Industries, Vitablend, BASF SE, Eastman Chemical and Archer Daniels Midland Co. are the prominent companies operating in food antioxidant market.
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