Food Antioxidants - Global Market Trajectory & Analytics

Global Food Antioxidants Market to Reach US$1.6 Billion by the Year 2027

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
• Barentz
• 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.