Global Antioxidant Market was valued at US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, growing at a CAGR of XX % during the forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Increasing Consumption of processed food and high demand for products with longer shelf Life led by shifting consumer preferences and increasing trend in the consumption drives the global antioxidant market. High cost and safety concern and availability of substitutes constrain the growth of the global antioxidant market. The prospective market for Antioxidant, use of gases as food Antioxidant, the increasing role of sodium nitrite in meat curing and human health are several opportunities which are forecasted to uplift the CAGR of the market.
Rapid usage of natural Antioxidant in food and beverage, cosmetics and pharmaceutical industries are driving the growth of natural Antioxidant market worldwide. The natural Antioxidant offer many health benefits including prevention from cancer, helps to reduce the heart diseases and also used as an anti-ageing component. The rising awareness about the healthy lifestyle results into the more demand for natural Antioxidant. Also, globally rising ageing population and increase adoption of Antioxidant in the sports nutrition and cosmetics industry is expected to create the various opportunities in upcoming years. Harmful side effects of synthetic antioxidant restrain the growth of the synthetic Antioxidant during the forecast period.
Food & beverages segment dominated the antioxidant market by application. Antioxidant in food & beverage industry are mainly used as preservatives. However, an exponential increase in the global population is expected to increase its demand in other industries like pharmaceutical and animal fodder. Increase in demand for rosemary extract, companies have shifted their focus on rosemary extract as it has more antioxidant content than others, provides longer shelf life, and prevents premature ageing; consequently.
Asia-pacific held the largest share in the global Antioxidant market. The awareness and adoption of natural Antioxidant among the population are rising rapidly in the Asia Pacific region. In addition, the hopeful demand for functional food and beverages in developed nations, countries of Europe will support in the extensive expansion of the global Antioxidant market.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding antioxidant market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to emerging segment in the antioxidant market.
Scope of the Global Antioxidant Market
Global Antioxidant Market, by Type:
• Natural Antioxidant
o Vitamin C
o Vitamin E
o Vitamin A
o Polyphenols
o Carotenoids
• Synthetic Antioxidant
o tert-Butylhydroquinone (THBQ)
o Butylated hydroxyanisole (BHA)
o Butylated hydroxytoluene (BHT)
o Others
Global Antioxidant Market, by Applications:
• Food And Beverage
• Animal Feed
• Personal Care
• Pharmaceuticals
Global Antioxidant Market, by Region:
• North America
• South America
• Asia Pacific
• Europe
• Middle East & Africa
Key Player Analyzed in the Report:
• Archer-Daniels-Midland Company
• BASF SE
• E. I. DuPont El Nemours and Company
• Barentz International BV
• Kalsec Inc.
• Kemin Industries, Inc
• Koninklijke DSM N.V.
• Nutreco N.V.
• Cargill Incorporated
• Aland (Jiangsu) Nutraceutical Co. Ltd.
• Naturex S.A.
• Adisseo
• Royal DSM
• Danisco A/s.
• AkzoNobel NV
• Tianjin Jianfeng Natural Products Co. Ltd
• Prinova
• DSM
• Prinova
• Tianjin Jianfeng Natural Products Co. Ltd
• Indena SPA
• Ajinomoto Omnichem Specialties
• Vitablend Nederland B.V.
• Jet-Mate Canada Inc.
• Emarald Performance Materials
• Adeka Palmarole
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