The market for natural antioxidants is expected to expand due to rising demand for natural antioxidants in food, beverages, cosmetics and animal feed. The global market is expected to grow due to rising demand for fortified foods and beverages, which will be driven by a healthier lifestyle.
Market growth is also expected to be driven by the increased use of natural antioxidants such as vitamin C, vitaminE, and polyphenols in cosmetics due to their benefits in post-skin application. Market growth will also be stimulated by the rising demand for antioxidants in animal feed manufacturing to improve cattle growth and prevent diseases.
Pharmaceutical supplements are currently made largely from vitamin C, vitamin E and carotenoids. Market growth is expected to be driven by the expansion of the healthcare sector due to rising consumer spending for basic medical checkups and a growing focus of government to provide basic healthcare facilities to its citizens.
The market growth for natural antioxidants is expected to be limited by the availability of synthetic antioxidants such as BHT, BHT, propyl galates, and EDTA over the forecast period. The market will see new opportunities in the future due to the increasing demand for natural antioxidants in niche markets such as coloring agents.
There are many natural antioxidants that can be found in plants, fruits and meats. Vitamin C was the most popular ingredient on the global market in 2014. It is used extensively in food, pharmaceutical, feed, and beverage applications. Vitamin C's non-toxicity has led to its widespread use in pharmaceutical supplements. Vitamin E is primarily used in animal feed applications.
The forecast period will see a rise in demand for animal feed due to increased consumption of meat and dairy products worldwide. The primary driver of the increase in polyphenol demand is likely to be rising demand for functional foods and beverages over the next few year. Carotenoids are used extensively in animal feed manufacturing to give color. The market for natural antioxidants is likely to be affected by the high cost of carotenoids.
Because the function of each antioxidant is different, they can be used in different ways. Vitamin C, for example, is used extensively in the manufacture of pharmaceuticals because it lowers the risk of developing cancer and prevents the occurrence of cardiovascular disease. Vitamin C is also used to treat the common cold. The largest use segment for vitamin C is expected to be pharmaceuticals over the forecast period.
The market's fastest-growing segment is expected to be food. This is due to increasing demand for natural additives. Vitamin E is widely used in animal feed manufacturing as it cannot be produced naturally by poultry and pigs. Vitamin C is widely used in animal feeds to encourage growth.
The demand for high-quality cosmetic products has increased over the past decade as a result of a greater awareness about skin conditions such as wrinkles, aging lines, dark circles, skin elasticity, pliability and loss of skin elasticity. The body can create and maintain free radicals that threaten the lipids, proteins, DNA, and other vital components of the skin. Natural antioxidants are able to beautify the skin.
Natural antioxidants are also seeing an increase in sales due to their extensive use as preservatives to extend the shelf life of many formulations. This will likely lead to sustainable growth for the global market natural antioxidants.
Asia Pacific saw the highest demand in 2014 for natural antioxidants. North America was closely behind. Due to its strong manufacturing base for food, drinks, and feed, Asia Pacific will see the fastest global market growth. China was both the largest consumer and producer of vitamin C in 2014. The projected growth in vitamin C market is expected to be boosted by the expansion of the regional food and pharmaceutical industries. Due to growing consumer awareness about general well-being, Latin America and MEA will experience above-average growth in global markets.
DSM, Archer Daniels Midland and Prinova are key players in the global market. Due to the presence of large, unorganized sects, the market is fragmented.
Up Market Research published a new report titled “Natural Antioxidants Market research report which is segmented by Product (Vitamin E, Vitamin C), by Application (Pharmaceuticals, Food), By Players/Companies Tianjin Jianfeng Natural Products Co Ltd (JF Naturals), Ajinomoto OmniChem Natural Specialties The market is fragmented in nature owing to the presence of a large unorganized sect, DuPont-Danisco, Archer Daniels Midland, Prinova, DSM, Indena SPA, Naturex”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Natural Antioxidants Market Research Report |
By Product | Vitamin E, Vitamin C |
By Application | Pharmaceuticals, Food |
By Companies | Tianjin Jianfeng Natural Products Co Ltd (JF Naturals), Ajinomoto OmniChem Natural Specialties The market is fragmented in nature owing to the presence of a large unorganized sect, DuPont-Danisco, Archer Daniels Midland, Prinova, DSM, Indena SPA, Naturex |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 236 |
Number of Tables & Figures | 166 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Product (Vitamin E, Vitamin C), by Application (Pharmaceuticals, Food).
Natural Antioxidants Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Natural Antioxidants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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