Published Date : Jun 27, 2016
ALBANY, NY, June 27, 2016: MarketResearchReports.biz has added a new report to its lineup on the food and beverages industry. The report, titled “Global Food Antioxidants Market (By Type, Sub-Types, End-Use): Trends, Opportunities And Forecasts (2016-2021)(By Type- Natural & Synthetic: By Sub-Types- Vitamin A, C, E, Rosemary Extracts , TBHQ, BHT: By End-Use- Meat, Poultry, Sea Food, Beverage, Bakery, Confectionary, Packaged Food (Snacks, Dairy, Frozen), Oils, Fats: By Region - N. America, L. America, Europe, Asia Pacific, Middle East, Africa: By Country-USA, Brazil, UK, India, China, South Africa),” aims to act as a beacon for its users to improve their standing in this market. The report displays cases that drive and restrain the global food antioxidants market and subsequently utilize this information to compile a forecast report for the same.
According to the report, the global food antioxidants market is progressing at a CAGR of 5.28% within a forecast period from 2016 to 2021. The key driver responsible for this positive growth rate is the growing consumption rate of processed foods.
Consumers, especially from the middle class, are showing an increase in the amount of processed meats, drinks, and snacks, propelling the global food antioxidants market. This is more apparent in developing economies, where the improvement in incomes is allowing a larger number of consumers to avail convenience foods and processed foods.
The conclusion derived from the regional reports concurs with the above fact mentioned in the report; Asia Pacific is not only a major region in the global food antioxidants market, but it is also the fastest-growing region. It is followed by North America. The findings stated in the report suggest that Asia Pacific will remain the leading region in the global food antioxidants market for the given forecast period. Nations such as India and China, with their high population densities, are driving the consumption rate in the region.
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Another reason for the higher proliferation of the global food antioxidants market into developing economies as opposed to developed ones, is the lower severity of regulation in the former in terms of synthetic antioxidants. On the other hand, the introduction of natural antioxidants will create greater opportunities in developed economies.
The report discusses the various sub-types of antioxidants, their uses and the locations where they are used. This includes natural antioxidants such as Vitamin A, C, and E, and rosemary extracts. It also includes artificial antioxidants such as BHT, TBHQ, and others.
Other reasons for the overall growth of the global food antioxidants market is the increasing awareness of the benefits of using natural antioxidants as opposed to artificial ones. This is creating a much greater market size for natural antioxidants than before.
On the basis of end users, the global food antioxidants market is segmented into packaged foods, confectionaries, bakery products, beverages, poultry, sea food, meat, and oils and fats.
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