The global food antioxidants market is projected to record a CAGR of 5.47% during the forecast period due to the growth of convenience foods.

Nov 2022, Research Report on the Global Food Antioxidants Market, which is estimated to grow at a CAGR of 5.47% during the forecast period 2022-2030

The global food antioxidants market is projected to record a CAGR of 5.47% during the forecast period due to the growth of convenience foods.

Market Research Future has published a cooked research report on the Global Food antioxidants Market, 2022–2030. The global food antioxidants market is projected to exhibit a CAGR of 5.47% during the forecast period of 2022 to 2030.

Market Research Future has recognized the following companies as the key players in the global food antioxidants market: Archer Daniels Midland (the U.S.), BASF SE (Germany), Kemin Industries, Inc (the U.S.), Cargill Inc. (the U.S.), Eastman Chemical Company (the U.S.), Frutarom Ltd. (Israel), E.I. du Pont de Nemours and Company (the U.S.).

Market Highlights

The global food antioxidants market is projected to be valued at USD 2,260.10 million by 2030, recording a CAGR of 5.47% during the forecast period. The growth of convenience foods is the major driver and surging urbanization & increasing global meat consumption spur market growth. The growing demand in emerging economies is an opportunity in the global market.

Segmental Analysis

The global food antioxidants market has been segmented based on type, source, application, and region.

Based on type the global food antioxidants market has been segmented into synthetic and natural. A lawn mower is used for cutting grass on lawns. The natural segment accounted for a larger market share of 74% in 2021. Natural antioxidants are primarily sourced from fruits, vegetables, herbs, and spices, among others. There has been a growing trend of replacing synthetic products with natural products to prevent possible negative effects caused by synthetic compounds. Increasing application areas of natural antioxidants are majorly driving the growth of the natural antioxidants market. Increasing health awareness among consumers and their inclination toward a healthy diet is leading to an increased demand for natural ingredients in food & beverages. This has influenced food manufacturers to adopt natural antioxidants in their products. Rising demand for fortified food and beverages owing to a growing inclination towards a healthy lifestyle is anticipated to drive the global market over the forecast period.

Based on the source, the global food antioxidants market has been segmented into fruits & vegetables, petroleum & oils, nuts & seed, spices & herbs, and others. The fruits & vegetable segment accounted for a larger market share of 46% in 2021. Vegetables and fruits are rich sources of antioxidants. There is good evidence that eating a diet that includes plenty of vegetables and fruits is healthy, and official U.S. Government policy urges people to eat more of these foods. Research has shown that people who eat more vegetables and fruits have lower risks of several diseases; however, it is not clear whether these results are related to the number of antioxidants in vegetables and fruits, to other components of these foods, to other factors in people’s diets, or to other lifestyle choices. The human body naturally produces more free radicals. In order to counter the damaging effects caused by free radicals, the body produces antioxidants. But in most cases, the number of free radicals produced is more when compared to the naturally occurring antioxidants. The body has to maintain a balance in the antioxidant count, so an external supply of antioxidants is required.

Based on application, the global food antioxidants market has been segmented into fats & oils, processed foods, beverages, bakery & confectionery, meat & poultry, and others. The meat & poultry segment accounted for a larger market share of 35.30% in 2020. The prepared meat & poultry products segment accounts for the largest share and is also projected to grow at the fastest rate during the forecast period. In 2021, the global poultry market increased significantly. The countries with the highest volumes of poultry consumption were China, the U.S, and Brazil, with a combined 40% share of global consumption. These countries were followed by Russia, Mexico, India, Japan, Indonesia, Iran, South Africa, Malaysia, and Myanmar, which together accounted for a further 21%. There is a significant increase in poultry meat therefore people are engaging in poultry farming and animal rearing to fulfill this demand. This has eventually caused a rise in demand for natural antioxidants in meat & poultry products. The use of antioxidants can extend the shelf life of meat & poultry products.

Regional Analysis

On the basis of region, the global food antioxidants market has been categorized as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As per MRFR analysis, Asia Pacific accounted for the fastest revenue share growth rate in the global food antioxidants market in 2021. Rising consumption of processed food with high antioxidant levels among consumers with high disposable income in countries in the region is expected to drive the growth of the Asia Pacific food antioxidants during the forecast period. Among the regional markets. Revenue from the Meat & Poultry antioxidants market in the Asia Pacific is expected to continue to expand at a rapid rate during the forecast period. The rising consumption of processed food products that have high food antioxidant levels is driven by increasing disposable income among consumers in countries in the region, and the trend is expected to continue during the forecast period. The presence of a robust manufacturing base of food and beverage product companies in countries in the region is another key factor boosting the growth of the food and beverage industry, which is also supporting the growth of the food antioxidant market in the region. Food manufacturers in countries in the region are increasingly utilizing natural food antioxidants in products to cater to rising demand from a growing health-conscious consumer base with an increasing focus on dietary supplements, functional foods, and nutritional beverages fortified with antioxidants. The growing trend of clean-labeled food is another factor contributing to the rising demand for natural antioxidants across food manufacturing companies. The rising establishment of manufacturing units in the region by major players owing to the supporting business environment provided by governments offering tax incentives should boost industry growth. The food antioxidants market is pegged to have a high potential for growth, owing to the various benefits of food antioxidants. The surging consumer consensus broadly drives the demand for natural food antioxidants to perceive processed food products as healthy if derived from natural ingredients and clean label claims. With consumers now using both terms interchangeably, it often influences them to skip products formulated with artificial ingredients. These factors are driving the growth of the market. Due to the increase in demand for clean label ingredients, the manufacturers of food and beverage products, such as fresh pork sausages, are extending the shelf life of these products during refrigerated storage without the use of artificial preservatives such as butylated hydroxyanisole (BHA), butylated hydroxytoluene (BHT), propyl gallate (PG), or other artificial preservatives which were commonly used in meat preservation, in turn, intensifying the growth of the market studied. Rosemary extracts are the most popular natural food antioxidant and are widely accepted across various end-user industries. In countries such as the United States, natural antioxidants have always been a preferred choice among consumers, and due to their high demand as compared to the supply, there have been situations that have led to supply shortages over the recent past Europe antioxidants market will account for a considerable share by 2030. This is driven by the robust demand for natural food additives and the favorable opportunities for product exports in the region. Furthermore, the significant recovery of the Italian dairy industry from the coronavirus crisis will escalate the utilization of antioxidant supplements for dairy cow nutrition over the forthcoming years. Because of the growing consumption and production of packaged food products, the European Antioxidants market is predicted to rise at a large rate. With a market share of 22 % and an estimated value of USD 143 Mn, the United Kingdom dominates the European area.

Key Findings of the Study:

• The global food antioxidants market is projected to register a growth rate of 5.47% from 2022 to 2030.


• The natural segment is estimated to retain its prominent share of 74% in 2021 whereas, the synthetic segment is projected to record the highest CAGR of 6.20% during the forecast period.


• The fruits & vegetable segment accounted for a larger market share of 46% in 2021 whereas, the nuts & seeds segment is projected to record the highest CAGR of 5.82% during the forecast period.


• The meat & poultry segment accounted for the largest market share of 35.30% in 2021 whereas, the processed foods segment is projected to record the highest CAGR of 6.65% during the forecast period.