Food Antioxidants Market Share
Segmentation Analysis:
Insights by Product
The synthetic food antioxidants segment is expected to reach USD 2.93 billion by 2033. Due to their efficiency in preventing oxidation and prolonging the shelf life of many food products, synthetic food antioxidants like butylated hydroxyanisole (BHA), butylated hydroxytoluene (BHT), and tertiary butylhydroquinone (TBHQ) have been employed extensively in the food business. Particularly in processed and packaged foods, there is still a high demand for these antioxidants. In particular food applications where they are highly efficient, synthetic antioxidants are preferred.
Insights by Application
The meat products segment is projected to achieve over 6.38% CAGR between 2024 to 2033. There has been an increase in demand for processed meat products such sausages, cured meats, and ready-to-eat meat snacks. Antioxidants are crucial for preserving the quality and shelf life of these items because they frequently contain fats and oils that are prone to oxidation. Meat products are transported across great distances as the meat industry becomes more and more globalised. In order to ensure that these goods reach consumers in good condition, antioxidants are utilised to safeguard them throughout storage and transit.
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Competitive Landscape:
Major players in the market
- Archer-Daniels-Midland Company
- BASF SE
- E.I.DuPont El Nemours and Company
- Barentz International BV
- Kalsec Inc.
- Kemin Industries, Inc.
- Koninklijke DSM N.V.
- Nutreco N.V.
- Cargill Incorporated
- Aland (Jiangsu) Nutraceutical Co. Ltd.
- Naturex S.A.
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