Natural antioxidants to be the fastest-growing segment in the food antioxidants market

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, beverages, and bakery. F&B manufacturers across the globe use food antioxidants to maintain the nutrients, color, flavor, and texture of their products. 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. 

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The  "Food Antioxidants Market by Type (Natural, Synthetic), Form (Dry, Liquid), Source (Plant, Petroleum), Application (Fats & Oils, Prepared Foods/Meat/Poultry, Beverages, Bakery & Confectionery, Seafood), and Region - Global Forecast to 2022", 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.

Based on type, the food antioxidants market has been segmented into synthetic antioxidants and natural antioxidants. In the past few years, apprehensions related to the side effects of synthetic antioxidants have given rise to greater research on food antioxidants; which has progressed moderately with significant technological advancements in naturally sourced antioxidants. Food antioxidants are widely used, as they are multi-functional, and add value to a food product by enhancing its shelf life. They also provide various health benefits, such as protection from certain cardiovascular diseases.

Leading companies are E.I. Du Pont De Nemours and Company (U.S.), BASF SE (Germany), Archer Daniels Midland Company (U.S.), Koninklijke DSM N.V. (Netherlands), Eastman Chemical Company (U.S.), Frutarom, Ltd (Israel), Barentz Group (Netherlands), Camlin Fine Sciences, Ltd. (India), Kalsec, Inc. (U.S.), and Kemin industries, Inc. (U.S.).

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