Uploaded on Dec 10, 2020
Antioxidants Market is expected to grow at a healthy cagr with top players
Antioxidants Market
Antioxidants Market is expected to grow at a healthy cagr with top players
Market Overview
Antioxidants are food additive that exhibit excellent functionality of extending shelf-life of the
food products. They can be synthetic antioxidants and natural antioxidants. Moreover,
antioxidants contain various nutrients that are essential for the human body such as Vitamin
A, E, and C. They are widely used across cosmetics products such as anti-aging creams, hair
care products, etc.
Antioxidants are an essential ingredient that increases the shelf-life of the food &beverage
products by preventing oxidation. They are also referred to as shelf-life extenders and are
used as food additives. They are also used in the cosmetic industry for the manufacturing of
anti-aging skincare products as they protect cell membranes and stop the oxidation process.
The global antioxidants market is projected to reach around US$ 4,556.4 million by the end
of 2027, in terms of revenue, growing at CAGR of 5.6% during the forecast period (2020-
2027).
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Market Dynamics
Increasing adoption of organic farming is a major trend in the market. Organic farming is
gaining traction among farmers due to rising awareness regarding organic and natural food
ingredients. According to the Organic Without Boundaries, a total of 69.8 million hectares of
land were organically farmed in 2017. This figure is a twenty percent growth from 2016
numbers. Increased organic farming around the globe is expected to foster the market growth
of antioxidants.
An increase in the production of antioxidants to serve growing global demand is a major
trend in the market and this trend is expected to fuel the market growth of antioxidants. The
growing demand for rosemary extracts as it has more antioxidants content compared to other
extracts is projected to augment the market growth of antioxidants. Moreover, the
manufacturers are also investing heavily to develop antioxidants medicines.
Lack of awareness regarding the health benefits of anti-oxidants is expected to limit the
adoption of antioxidants. This factor is projected to hinder the market growth over the
forecast timeframe.
Detailed Segmentation:
•Global Antioxidants Market, By Product Type:
Natural Antioxidants
•Rosemary Extracts
•Vitamin A
•Vitamin C
•Vitamin E
Synthetic Antioxidants
•Butylated Hydroxyanisole (BHA)
•Butylated Hydroxytoluene (BHT)
•Others
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Key companies covered as a part of this study include Aland (Jiangsu) Nutraceutical Co.,
Ltd., Archer-Daniels-Midland Company, BASF S.E, Cargill, Incorporated, DuPont, Kalsec,
Inc., Kemin Industries, Inc., Koninklijke DSM N.V, Naturex S.A., and Nutreco N.V.
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