Global Synthetic Antioxidants Market Is Estimated To Witness Growth Due To Increasing Applications In Animal Nutrition, Cosmetics, Food And Beverage Industries

Synthetic antioxidants can be found in a variety of products. They are widely used in the pharmaceutical industry. They have been shown to help protect the body against various types of cancer. Synthetic antioxidants are safe and have a low toxicity. Synthetic antioxidants are used in the food industry to stop oxidation in a variety of food matrices and are sometimes added to supplements for their health benefits. Antioxidants are essential for maintaining health. They are important components of the body's defenses against damage from oxidative processes. Most foods today contain synthetic antioxidants. Synthetic antioxidants are used to enhance food shelf life by preventing the oxidation of unsaturated double bonds in fatty acids. However, they may be detrimental in high amounts, especially for children. As a result, they have been banned in some countries.

Rising demand for Synthetic Antioxidants is anticipated to augment growth of the global synthetic antioxidants market over the forecast period. For instance, Archer Daniels Midland Company have inaugurated a new plant at Biopolis research hub in Singapore in 2021. This plant consists of cutting-edge technology and it also supports the development of nutritious products for meeting consumer demand. Moreover, increasing adverse health effects caused due to consumption is estimated to hinder growth of the over the forecast period.

Key players active in the global synthetic antioxidants market are Impextraco NV., Kamlin Fine Sciences Ltd., Infield Market, BASF SE, FoodSafe Technologies, Cargill Animal Nutrition, Elanco Animal Health, DuPont Nutrition & Health Pet Food Solutions, DMH Ingredients Inc., Celanese Corporation, Coralim Ingredients & Colours, Ameri Pac LLC, Principle Solutions LLC, Caldic USA Inc., Trouw Nutrition USA LLC, BIOTECNOLOGÍAS APLICADAS SL, Bill Barr & Co Inc., and BioZyme, Inc.

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