Global Food Antioxidants Market: Trends, Opportunities, and Forecast
The global food antioxidants market size is expected to reach USD 852.62 million by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.1% from 2022 to 2030. The growth is majorly attributable to the increasing consumption of prepared food across the globe. The growing global population coupled with increasing individual disposable income has been a key factor driving the demand for food antioxidants. Food antioxidants are widely consumed by manufacturers of food products to increase their shelf life. Growing demand for prepared food is expected to contribute to the growth of the market. Synthetic antioxidant is widely used in a range of food products owing to their easy availability and low price. Synthetic antioxidant is formulated with numerous chemicals and is mostly consumed in the form of powder or tablets. Growing health concern and rising awareness of the benefits of natural ingredients is likely to f...