Amid the COVID-19 crisis, the global market for Food Antioxidants estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$1.6 Billion by 2027, growing at a CAGR of 3.5% over the period 2020-2027.Natural Food Antioxidants, one of the segments analyzed in the report, is projected to grow at a 3.8% CAGR to reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Synthetic Food Antioxidants segment is readjusted to a revised 3% CAGR for the next 7-year period. This segment currently accounts for a 30.7% share of the global Food Antioxidants market.
The U. S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 6.5% CAGR for the Period of 2020-2027
The Food Antioxidants market in the U. S. is estimated at US$332.8 Million in the year 2020. The country currently accounts for a 26.98% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$331 Million in the year 2027 trailing a CAGR of 6.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR while Rest of European market (as defined in the study) will reach US$331 Million by the year 2027.The publisher brings years of research experience to this 9th edition of our report. The 371-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others
- Archer Daniels Midland Company
- BASF SE
- Camlin Fine Sciences, Ltd.
- DowDuPont, Inc.
- Eastman Chemical Company
- Frutarom Industries Ltd.
- Kalsec, Inc.
- Kemin Industries, Inc.
- Koninklijke DSM NV
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
Antioxidants and Health Benefits
Natural and Synthetic Antioxidants – A Review
Global Food Antioxidants Market Set for a Rapid Growth
Global Competitor Market Shares
Food Antioxidants Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Global Food Antioxidants Market Propelled by Rising Incidence of Cardiovascular Diseases, and Growing Awareness about its Health Benefits
Strong Demand for Processed Food due to Increasing Disposable Incomes Provides Significant Market Opportunity
Rise of Middle Class Population and their Increasing Affordability of Processed Food to Benefit Food Antioxidants Market
Growing Urbanization Propels the Market for Food Antioxidants
Health Concerns Related to Synthetic Antioxidant Make Consumers Shift towards Natural Antioxidants
Increasing Demand for Natural Antioxidants Market to Spur Market Growth
Extending Shelf-life of Meat Products with Natural Antioxidants
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Market Facts & Figures
US Food Antioxidants Market Share (in %) by Company: 2019 & 2025
Market Facts & Figures
European Food Antioxidants Market: Competitor Market Share Scenario (in %) for 2019 & 2025
REST OF EUROPE
REST OF ASIA-PACIFIC
REST OF LATIN AMERICA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
Total Companies Profiled: 41