[Market Report] Global Market for Food Antioxidants
The global market for food antioxidants is expected to exceed 2.5 billion USD by 2031.
The global food antioxidant market has shown remarkable growth in recent years, with sales reaching approximately $1.55 billion in 2022. Analysts predict that this growth trajectory will continue, reflecting a steady compound annual growth rate (CAGR) of 5.47% during the forecast period from 2023 to 2031, with an estimated market value of $2.5 billion by 2031. The global food antioxidant market is witnessing a shift towards natural and clean label ingredients in response to consumer preferences for healthier and more sustainable food. As the market continues to evolve, manufacturers are focusing on developing formulations rich in antioxidants that cater to both taste and nutrition. Food antioxidants, which are essential additives in the food industry, are gaining attention for their role in preserving food quality, enhancing shelf life, and protecting against oxidation. For application methods, please check the [PDF download] button or apply directly through the related links.
- Company:Panorama Data Insights Ltd.
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