Subscribe and receive the latest insights on the health and nutrition industry.
Join 37,000+ members. Yes, it's completely free.
January 9, 2013
MOUNTAIN VIEW, Calif.As consumers increasingly opt for healthier alternatives to conventional antioxidants, the demand for natural ingredients is helping to grow the North American shelf-life extension food additives market that reached $106 million in sales in 2011 and is predicted to hit $197.8 million by 2018, according to new market analysis from Frost & Sullivan.
According to the data, negative media reports about the side effects of synthetic ingredients have popularized natural antioxidants, such as green tea extracts, oregano and grape extracts. Customers also are partial to natural ingredients, as their clean label tags will earn them a positive brand image among consumers. As customers mostly demand non-genetically modified (GM) materials, the severe shortage of the byproduct form from the vegetable oil distillation (VOD) process has caused a significant scarcity of natural vitamin E as a shelf-life extension food additive.
Apart from the shortage of raw materials used for extracting natural antioxidants, a demand-supply imbalance has escalated the prices of natural antioxidants," said Frost & Sullivan Research Analyst Ashwin Raj Ravinder. Naturally derived antioxidants such as mixed tocopherols are particularly challenged by huge price hikes."
As a result, ingredient manufacturers are blending different antioxidants that prolong the shelf life of food products. For instance, rosemary extracts are blended with mixed tocopherols and ascorbyl palmitate to reduce the final cost of the product and yet improve the overall efficacy of the antioxidant.
Furthermore, antioxidants manufacturers are resorting to vertical integration," Ravinder said. Strategic partnerships and alliances with raw material suppliers are critical to gain market share in the natural shelf-life extension food additives market."
You May Also Like
Here's why creatine sales are surging this past yearFeb 21, 2024
DSHEA's 25th anniversary: Industry vets, critics respondFeb 21, 2024
The Month in 2: Sports – videoFeb 21, 2024
Tianeptine sales spur another FDA warning, action by state lawmakersFeb 20, 2024