Product ID: UCMIG15E2155
Food Antioxidants Market Size, Share, Growth Analysis, By Type(Synthetic, Natural), By Form(Dry, Liquid), By Application(Meat & Poultry, Bakery & Confectionery), By Regional(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG15E2155 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Food Antioxidants Market Insights
Market Overview:
The market for food antioxidants worldwide was estimated to be worth USD 502.2 million in 2021 and is anticipated to increase at a CAGR of 6.1% from 2022 to 2030. The rising use of food antioxidants in packaged foods and prepared meals is the main driver of market expansion. Because packaged foods must have a longer shelf life, the need for food antioxidants is anticipated to increase.
Food Antioxidants Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Food Antioxidants Market Report Snapshots
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