The food antioxidants market is estimated at USD 1.6 billion in 2023 and is projected to reach USD 2.2 billion by 2028, at a CAGR of 6.2% from 2023 to 2028.
Food Antioxidants Market by Source (Fruits & Vegetables, Oils, Spices & Herbs, Botanical Extracts, Gallic Acid, & Petroleum), Application (Prepared Meat & Poultry, Fats & Oils, Bakery & Confectionery, & Others), Type, Form, Region - Global Forecast to 202
Food Antioxidants Market by Source (Fruits & Vegetables, Oils, Spices & Herbs, Botanical Extracts, Gallic Acid, & Petroleum), Application (Prepared Meat & Poultry, Fats & Oils, Bakery & Confectionery, & Others), Type, Form, Region - Global Forecast to 202
Food Antioxidants Market by Source (Fruits & Vegetables, Oils, Spices & Herbs, Botanical Extracts, Gallic Acid, & Petroleum), Application (Prepared Meat & Poultry, Fats & Oils, Bakery & Confectionery, & Others), Type, Form, Region - Global Forecast to 202
Food Antioxidants Market by Source (Fruits & Vegetables, Oils, Spices & Herbs, Botanical Extracts, Gallic Acid, & Petroleum), Application (Prepared Meat & Poultry, Fats & Oils, Bakery & Confectionery, & Others), Type, Form, Region - Global Forecast to 202
Food Antioxidants Market by Source (Fruits & Vegetables, Oils, Spices & Herbs, Botanical Extracts, Gallic Acid, & Petroleum), Application (Prepared Meat & Poultry, Fats & Oils, Bakery & Confectionery, & Others), Type, Form, Region - Global Forecast to 202
Owing to the increasing demand for prepared food products in emerging markets like India, China, and Brazil, the market offers potential growth opportunities to the market players in the near future.
Players such as BASF (Germany), DuPont (US), Kemin (US), ADM (US), and DSM (The Netherlands) have a strong presence in the Americas and the Asia Pacific regions.
Food antioxidants are a class of compounds with the property of preventing oxidative rancidity in various food products; hence, they are used for the preservation of food products such as processed foods, dairy products, meat, seafood, oils.
The food antioxidants market was valued at USD 1.05 Billion in 2015. It is projected to grow at a CAGR of 5.10% from 2017, to reach 1.48 Billion by 2022.