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Fruits & Vegetables Segment To Account For The Largest Share In The Food Antioxidants Market
The global food antioxidants market size is estimated to be valued USD 1.3 billion in 2020 and is expected to reach a value of USD 1.8 billion by 2025, growing at a CAGR of 6.0% during the forecast period. It is estimated to account for 52.4 KT in 2020 and is projected to account for 68.1 KT in 2025, growing at a CAGR of 5.4% during the forecast period. Factors such as increasing demand for poultry, changing consumer preferences due to fast-paced lifestyles, and increased need for natural antioxidants in food products is driving the market for food antioxidants during the forecast period.
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The fruits & vegetablessegment by natural sources accounted for the largest share in 2019. Fruits and vegetables are the most common sources for most antioxidants. According to the NCCIH, fruits & vegetables are a rich source of antioxidants. Among fruits, blueberries contain the highest amount of antioxidants, which include Vitamins A & C, flavonoids, and anthocyanidin. Vegetables such as spinach contain carotenoids, which ...
... help to prevent macular degeneration.
Global campaigns are expected to result in spreading awareness regarding the benefits of food antioxidants and their usage in the prevention of different diseases. Most of the natural antioxidants such as vitamin E and vitamin C are derived from natural sources such as citrus fruits, orange, blueberries, strawberries, grapes, and vegetables such as spinach, kale, broccoli, which consists of a higher amount of antioxidants. Carotenoids are also a major source of natural antioxidants, which are derived from fruits & vegetables majorly present in vegetables such as potatoes, carrots, and others.
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Leading companies are Archer-Daniels-Midland Company (US), BASF SE (Germany), Koninklijke DSM N.V. (Netherlands), Kemin Industries, Inc. (US), DuPont (US), Eastman Chemical Company (US), Frutarom Ltd (Israel), Barentz Group (Netherlands), Camlin Fine Sciences (India), Kalsec Inc. (US), BTSA (Spain), VDH Chem Tech Pvt Ltd (India), Vitablend Nederland BV (Netherlands), Advanced Organic Materials (Germany), Crystal Quinone Pvt Ltd. (India), Yasho Industries (India), Fooodchem International Corporation (US), 3A Antioxidants (US), Oxiris Chemicals S.A (Spain), Pharmorgana GmBH (Germany), Guangzhou ZIO Chemicals Co. Ltd (China), Sasol Limited (South Africa), Naturex (France), and Nagase Group (Japan).
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