SYNTHETIC FOOD ANTIOXIDANT MARKET ANALYSIS
Key Developments
Key players are operating in synthetic food antioxidant market are adopting various strategies such as mergers & acquisition and product developments in order to maintain their competitive position in the industry.
For instance, in November 2012, Vitablend, a part of global ingredients distributor Barentz Group, opened new state-of-the-art production plant for specialized infant and clinical food in Singapore. The facility provides functional blends, antioxidants, and nutritional premixes for clinical and infant industry.
In June 2017, Kemin Industries Food Technologies, a leading company engaged into providing food safety solutions for food & beverage industry, showcased their latest antioxidant at the 2017 Institute of Food Technologists Expo (IFT17), in order to help manufacturers to keep food & beverage products fresh and safe for longer time.
In July 2017, Camlin Fine Sciences (CFS), a leading integrated manufacturer of traditional antioxidants announced the acquisition of 51% stake in Ningbo Wanglong Flavors and Fragrances Company Limited, a leading vanillin manufacturer through patented process. This acquisition will help company to expand its global presence.
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