About Food Oxidizing Agent
Food oxidizing agents are used to improve the mixing in wide range of food processing. This oxidising agents enhance gluten reformation. This gluten reformation creates and increase elasticity of dough. Food oxidising agents mainly used for speedy production of bakery products. This agents are available in natural and synthetic category. Naturally they are extracted from fruits, vegetables, cereals, seeds and other plant based enzymes. Owing to their essential functioning, food oxidising agents widely used in food, meat and seafood and plant based meat processing’s. In addition, beverages industry including RTD beverages, dairy based products demand for food oxidising agents. Hence, increasing expenditure of food and beverages industry impacting on the demand for food oxidising agents in positive manner.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market of is Food Oxidising Agents expected to grow with rising demand for food processing. Hence there are several companies are providing Food Oxidising Agents with unique feature. Thus, the market is fragmented with the presence of market players. Additionally, many local vendors are also entering to market with excellent features which in turn impacting on the competitive rivalry. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ADM (United States), Merck KGaA (Germany), BAKERpedia (Poland), Spectrum Chemical Manufacturing Corp. (United States), BASF SE (Germany), Du Pont (United States), DSM N.V. (Netherlands), Frutarom Ltd (Israel), Eastman Chemical Company (United States), Kemin Industries, Inc. (United States) and Kalsec Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are 3A Antioxidants (United States) and Oxiris Chemicals S.A (Spain).
Segmentation Overview
AMA Research has segmented the market of Global Food Oxidizing Agent market by , Application (RTE Food, Bakery & Confectionary Items, Seafood, Meat Processing’s, Beverages, Nutraceuticals, Plant Based Meat and Others) and Region.
On the basis of geography, the market of Food Oxidizing Agent has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Natural {Vitamin, Fruits Extracts, Others} will boost the Food Oxidizing Agent market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Solid will boost the Food Oxidizing Agent market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Huge Demand for Natural Food Oxidising Agents
Market Growth Drivers:
Rising Demand for Food Oxidising Agents at Wide Range of Processing’s in Food and Beverages Industry and Growing Food and Beverages Industrial Infrastructure
Challenges:
Lack of Technical Personnel Handling
Restraints:
Huge Investment Requirement for Setup and Manufacturing
Opportunities:
Rising Industrial Expenditure of Food Processing’s and Pharmaceutical Industry Especially in Asia Pacific has Created Growth Opportunities and Increasing Preference for Manufacturing of Spherical Pellets
Market Leaders and their expansionary development strategies
In December 2021, Arxada AG, a global leader in specialty chemicals, announced it has completed the acquisition of Enviro Tech Chemical Services, Inc. (‘Enviro Tech’), effective 22 December 2021. Enviro Tech is a category-leading manufacturer of proprietary and highefficacy antimicrobial and biocidal products.
In September 2022, Kerry, the world’s leading taste and nutrition company, has launched a unique tool to raise awareness of food loss and waste, as it calls for collective action in tackling food security. Kerry’s Food Waste Estimator, announced today to mark the UN International Day of Awareness of Food Loss and Waste Reduction, allows consumers and manufacturers to quantify and understand the financial and environmental impact of reducing food waste either in the food chain or in the home.
Key Target Audience
Food Oxidising Agents Manufacturers, Food Oxidising Agents Suppliers/Distributors, Raw Material / Component Supplier, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.