Global natural food antioxidants market is expected to witness a massive growth in the forecast period. Antioxidants are a type of chemical that helps in rebelling the hypothetically damaging effects of unhinged substances, which are known as free radicals. These free radicals are compounds that are molded when the body is at its normal metabolic process and has general wear and tear on body cells. Here the antioxidants aids in abolishing some of these free radicals that would be destruction to the body cells. They are used to upsurge the shelf-life of food items and prevent rancidity, thus hovering the demand for food items such as processed meat, packaged foods, etc., resulting in the demand for natural food antioxidants.
Looking at its driving factors, there is a huge demand for a longer shelf life of products, which is increasing the consumption of processed food among the consumers. Currently, vitamin C, vitamin E and carotenoids are widely used to manufacture pharmaceuticals products. These are some of the significant dynamics that are helping the natural food antioxidants market to accomplish massive growth.
Along with this, the market is likely to experience an upsurge in the requirement for natural food antioxidants in niche applications, which includes coloring agents, and thus will aid the market’s futuristic aspects. Considering this immense hype, investors had started investing tremendously in this market that will also encourage the manufacturers to come up with some brilliant innovations. Thus, the natural food antioxidants market will foresee an enormous development in the estimated time span.
The natural food antioxidants market is segmented on the basis of type (vitamin E, vitamin C, carotenoids, rosemary extracts, butylated hydroxyanisole, butylated hydroxytoluene, tert-butylhydroquinone (TBHQ), propyl gallate); by application (snacks & dairy, fats & oils, meat products, beverages, seafood, bakery & confectionery, infant formula, tea, chewing gum); by form (dry, liquid); by source (oils, nuts & seeds, spices & herbs, fruits & vegetables, petroleum, gallic acid) and by region (North America, Europe, Asia Pacific, LAMEA).
Geographically, Asia Pacific holds the largest market share for natural food antioxidants because this market is witnessing an increase in the sales of its processed food and anti-aging nature of antioxidants in food products. This region will also acquire the highest share of this market during the forecast period as it will foresee high demand for antioxidants that are derived from carotenoids and natural plant extracts. Followed by this, Europe is likely to experience decent growth in the estimated time span as the requirement for natural food antioxidants will surge in the coming years. In the near future, natural food antioxidants market will continue to come up with some extraordinary product innovations to attract new consumers and investors, for them to continue the domination.
Some of the significant key players outlined in the natural food antioxidants market report are DSM, Archer Daniels Midland Company, Tianjin Jianfeng Natural Products Co. Ltd (JF Naturals), Kemin Industries, Inc., Koninklijke DSM N.V., E.I. Du Pont De Nemours and Company, Prinova, Eastman Chemical Company, Barentz Group, Ajinomoto OmniChem Natural Specialties, Camlin Fine Sciences, Ltd., DuPont-Danisco, Indena S.P.A, Frutarom, Ltd., Naturex, Kalsec Inc., and BASF SE. All the leading companies are including mergers and acquisitions, partnerships and joint ventures to enhance the growth of the market efficiently.
Leading players of Natural Food Antioxidants including:
• BASF SE
• Archer Daniels Midland Company
• Eastman Chemical Company
• Koninklijke DSM N.V.
• Frutarom, Ltd.
• Kemin Industries, Inc.
• Camlin Fine Sciences, Ltd.
• Barentz Group
• Kalsec Inc
Market split by Type, can be divided into:
• Natural Vitamin E
• Pepper Extract
• Flavor extracts
• Tea Polyphenol
Market split by Application, can be divided into:
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
Research Support Specialist, USA