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Food Antioxidants Market Growth Rate and Forecast 2023 to 2032

Food Antioxidants Market size valued at USD 3 billion in 2022 and is anticipated to observe over 5.5% CAGR from 2023 to 2032.

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Food Antioxidants Market Growth Rate and Forecast 2023 to 2032

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  1. Food Antioxidants Market Size to Cross USD 5 Billion by 2032 Global Market Insights Inc.

  2. Overview of Food Antioxidants Market • Food Antioxidant Market is anticipated to grow considerably during 2032 owing to the budding use of antioxidants in bakery and confectionery products for controlling rancidity and off-flavoring. Synthetic antioxidants are primarily used in bakery products such as cakes, biscuits, and pastries. These antioxidants help increase the products' shelf life, making them durable and non-toxic in nature. • Antioxidants offer protection against the cell damage that free radicals cause, known as oxidative stress. Besides, antioxidants act as radical scavengers, electron donors, hydrogen donors, singlet oxygen quenchers, synergists, enzyme inhibitors, peroxide decomposers, and metal-chelating agents. • Leading participants in the food antioxidant industry are incorporating varied strategies such as M&As and business expansions to sustain their position in the overall marketplace. To cite an instance, in 2022, Global nutrition leader, ADM, acquired Comhan, a leading South African flavor distributor. Through this acquisition, ADM plans to continue developing its nutrition business in key growth markets, including Africa. Besides, it will also open new opportunities for customers in the region and build on the capabilities of the existing offices in Nigeria and Kenya. Global Market Insights Inc.

  3. Continue… • Overall, the food antioxidant industry is segmented in terms of product, application, and region. • Based on product, the vitamin E product segment is expected to depict over 7.5% CAGR through 2032. Vitamin E is lipid soluble and is known to be a leading defense antioxidant. Besides, it also helps delay the aging process, heals sunburns, enhances immunity, and maintains cells' normal conditions, which is anticipated to boost product demand, thus accelerating the market growth. • By application, the fats & oils segment is anticipated to be valued at over USD 760 million during 2023-2032. As antioxidants prevent the oxidation of fats and oils, they are added to various oils, including sunflower, corn, and soybean. This could hasten the expansion of the food antioxidant market in the coming years. Global Market Insights Inc.

  4. Continue… • From the regional perspective, the Europe food antioxidant industry is estimated to garner significant momentum during 2023-2032. An increasing shift towards healthier food alternatives such as organic, artisanal, added value, and ethnic baked goods due to the increasing awareness around healthy food consumption among the regional population will boost bakery industry growth in the region. This would proportionally stimulate the overall market dynamics in the coming years. • Notable participants in the Food Antioxidants market include: Eastman Chemical Company, Vitablend Nederland B.V., Yasho Industries Ltd., Archer Daniels Midland Company, BASF SE, Kemin Industries, Global Specialty Ingredients, Camlin fine sciences, Kalsec Inc, Sinofi Ingredients, DuPont de Nemours, Inc., Koninklijke DSM N.V., Frutarom Industries Ltd, Givaudan SA, Lonza & Riken Vitamin Global Market Insights Inc.

  5. Browse Full Research Report On Food Antioxidants Market@ https://bit.ly/41MwEZ4 Request for a sample of this research report @ https://bit.ly/3LglJSh Global Market Insights Inc.

  6. Stay In Touch Website: www.gminsights.com Social Media: Global Market Insights Inc.

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