Global Natural Antioxidants Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Natural Antioxidants Market Overview
“The global Natural Antioxidants Market size is expected to be worth around US$ 1.4 Billion by 2021 from US$ xx.x Billion in 2031, growing at a CAGR of 5.19% during the forecast period 2021 to 2031.”
Natural Antioxidants Market in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global natural antioxidants market report has been segmented on the basis of product, application, and region.
Antioxidants are molecules that discourage the oxidation of other molecules in the body. Natural antioxidants are found in fruits and vegetables and are divided into three groups: vitamins, carotenoids, and phenolic compounds. Antioxidants are naturally present in fruits and vegetables, but at very low levels. Therefore, synthetic antioxidants have additional quantities of antioxidants added to control oxidation, increase shelf life, and improve overall quality.
Increasing demand for natural antioxidants in the food & beverages industry and increasing health awareness among individuals regarding diet ensuring proper supplementation to avoid health-related problems are major factors driving the growth of the global natural antioxidants market. Increasing adoption of natural antioxidants in animal feed to promote poultry and cattle growth and reduce animal diseases is on the rise. In addition, high demand from the pharmaceutical industry for the production of various pharmaceutical supplements is another factor driving the growth of this market over the forecast period.
Moreover, the rising adoption of natural antioxidants such as vitamin C, vitamin E, and polyphenols in the cosmetic industry in various anti-aging creams and the consumption of natural antioxidants is used to regulate the immune system and to treat heart, eye, and memory diseases, which are other factors expected to support the growth of the global natural antioxidants market.
However, continuously increasing prices of natural antioxidants are a major factor restraining the growth of the global natural antioxidants market. The abundant availability of synthetic antioxidants such as BHT, propyl gallates, and EDTA is another factor restraining the growth of this market over the forecast period.
The market in the Asia Pacific is expected to dominate the global natural antioxidants market and is expected to account for a major share in terms of revenue, owing to the presence of various domestic and international market players and high demand from the food & beverages industry in countries in the region. The market in North America is expected to account for the second-highest revenue share, owing to increasing demand from the cosmetics and pharmaceuticals industry in countries in the region. The market in North America is followed by Europe, Latin America, and Middle East & Africa.
Global natural antioxidants market segmentation:
Segmentation by product:
- Vitamin C
- Vitamin E
Segmentation by application:
- Animal feed
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- The Archer Daniels Midland Company
- Koninklijke DSM N.V.
- I. du Pont de Nemours and Company
- BASF SE
- Ajinomoto Co., Inc.
- Naturex S.A.
- Adisseo France SAS
- Hansen A/S
- A & B Ingredients Inc.
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