World Food Antioxidants Market to Post 5.28% CAGR through 2021, Says Azoth Analytics in Its Cutting-Edge Report Available at MarketPublishers.com
10 Jun 2016 • by Natalie Aster
LONDON – Propelled by the increasing consumption of processed food amid the increasing population, owing to high purchasing power along with longer shelf life of food, the global demand for food antioxidants increased remarkably during the past recent years.
The emerging economies are predicted to register the highest growth of demand for BHT, BHA and TBHQ in the offing, while the developed countries are likely to continue shifting towards natural substitutes like rosemary extracts.
The natural antioxidants sector is witnessing stronger performance owing to the enhancing awareness of healthier alternatives. However, growth in this sector could be hindered by high costs of natural antioxidants.
The worldwide market for food antioxidants is likely to post growth at a 5.28% CAGR between 2016 and 2021, driven primarily by the increasing consumption of processed food (like meat, snacks and beverages) and increasing middle-class population number.
APAC holds the top position in the world food antioxidants market, followed by North America. In the years to come, APAC is anticipated to continue keeping to a growth trend, driven majorly by such country-wide markets as China and India.
The new publication “Global Food Antioxidants Market” recently prepared by Azoth Analytics provides a detailed overview of the world food antioxidants marketplace with a focus on the prevailing market development trends and the major market growth influencing factors. It uncovers data on the situation across the main geographical markets, explores the competitive pressures, discusses the hottest industry related issues and presents a comprehensive food antioxidants market assessment by type, sub-types and end-use sectors. Moreover, forecasts for the global food antioxidants market through 2021 are at hand in the research study.
Other market studies by Azoth Analytics are offered in this Market Publishers’ online catalogue.