Synthetic Segment Accounted for the Highest Share in the Food Antioxidants Market
Increasing demand for poultry, changing consumer preferences due to fast-paced lifestyles, and increased need for natural antioxidants in food products is driving the market for food antioxidants. The global food antioxidants market size is estimated to be valued USD 1.3 billion in 2020 and is expected to reach a value of USD 1.8 billion by 2025, growing at a CAGR of 6.0% during the forecast period. It is estimated to account for 52.4 KT in 2020 and is projected to account for 68.1 KT in 2025, growing at a CAGR of 5.4%. Request Sample Pages By type, the synthetic segment accounted for the highest share in the food antioxidants market. The market for food antioxidants, by type, has been segmented into natural and synthetic. Synthetic food antioxidants are synthesized from petroleum-based products. They are used primarily in the food industry to delay lipid oxidation for stabilizing and preserving refined fats & oils within a food system/product. The maximum permissible limit fo...