Market Research Future (Food and Beverages) Food Antioxidants Market Research Report by Size, | Page 3

Food Antioxidants Market Progresses for Huge Profits by 2023
2 Market Overview
Antioxidants are molecules which inhibits the oxidation process. Food antioxidants is a class of antioxidants which
have the property of preventing oxidation of food products thereby increasing their shelf-life. Most common
antioxidant used in the food industry are butylated hydroxyanisole and butylated hydroxytoluene. Synthetic
antioxidants have shown a downfall as compared to the natural ones because of the health benefits associated with
them. Additionally, natural antioxidants provide longer shelf life to the product and hence is extensively used in meat
industry.
Furthermore, the market is projected to propel with a high CAGR during the forecast period based on its diverse and
potential application in food industry.
Increasing consumption needs of ready to eat food and products with higher shelf life is anticipated to escalate the
market demand for food antioxidants on a global level. Food antioxidants in synthetic or natural forms are extensively
used in the food industry for this purpose. Increasing health awareness among consumers have a positive impact
on natural food antioxidant market. These antioxidants are mostly used in meat industry to overcome degradation
process.
The inclination of consumers towards consumption of ready to eat food in food and beverage industry has brought
up a new market for the use of antioxidants in the industry. It has gained popularity in the convenience food industry
by its multiple applications such as to increase the shelf life, nutrition and product appearance. However, use of
synthetic antioxidants have raised a concern because of its safety issues which might hamper the market of synthetic
antioxidants over the forecast period.
Segments:
Food antioxidants market is segmented on the basis of type, comprising of natural and synthetic. Among them,
synthetic antioxidants occupy a major share in the market because of low cost and high production capacity.
Food antioxidants market is segmented on the basis of sources, comprising of fruits & vegetables, nuts & seeds, oils
& petroleum, spices & herbs, others. Among them, oils & petroleum occupy a major share in the market because of
wide range use and ease of availability which has increased the market for use of petroleum based antioxidants to
increase the shelf life of food products.
Food antioxidants market is segmented on the basis of application, comprising of Fats & Oils, Processed Foods,
Beverages, Bakery & Confectionery, Meat & Poultry and others. Among them, meat & poultry occupy a major share
in the market because of easy degradation of these products which has increased the market for use of food
antioxidants to increase the shelf life of food products.
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