The global natural antioxidants market size reached US$ 1.4 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 2.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2022-2028.
Natural antioxidants refer to naturally occurring additives that are primarily used for delaying the oxidative rancidity in biological products. The variants of natural antioxidants include vitamin C, vitamin E, polyphenols and carotenoids. Natural antioxidants are widely adopted for mitigating the production of free radicals from the body cells and preventing the damage caused by oxidation. As a result, they aid in mitigating the risk of numerous medical ailments, such as cancer, cardiac arrest, emphysema, Parkinson’s disease, etc., that may be caused due to oxidative stress in the body. As a result, they are widely used across diverse industries, such as food and beverages, pharmaceuticals, animal feed, nutraceuticals, cosmetics, etc.
2. What is the expected growth rate of the global natural antioxidants market during 2023-2028?
3. What are the key factors driving the global natural antioxidants market?
4. What has been the impact of COVID-19 on the global natural antioxidants market?
5. What is the breakup of the global natural antioxidants market based on the product type?
6. What is the breakup of the global natural antioxidants market based on the form?
7. What are the key regions in the global natural antioxidants market?
8. Who are the key players/companies in the global natural antioxidants market?
Natural antioxidants refer to naturally occurring additives that are primarily used for delaying the oxidative rancidity in biological products. The variants of natural antioxidants include vitamin C, vitamin E, polyphenols and carotenoids. Natural antioxidants are widely adopted for mitigating the production of free radicals from the body cells and preventing the damage caused by oxidation. As a result, they aid in mitigating the risk of numerous medical ailments, such as cancer, cardiac arrest, emphysema, Parkinson’s disease, etc., that may be caused due to oxidative stress in the body. As a result, they are widely used across diverse industries, such as food and beverages, pharmaceuticals, animal feed, nutraceuticals, cosmetics, etc.
Natural Antioxidants Market Trends:
The growing prevalence of lifestyle diseases due to the increasing consumption of refined and processed foods, trans fats, artificial sweeteners, chemical additives, etc., is propelling the need for natural antioxidants. Moreover, the rising incidences of chronic respiratory ailments based on the high exposure to air pollutants, including industrial solvents, hazardous gases, dust particles, etc., are also driving the natural antioxidants market growth. Apart from this, the growing consumer awareness towards numerous benefits of natural antioxidants in reducing the oxidative damage due to chemotherapy is further augmenting the product demand in cancer treatment procedures. Additionally, the increasing consumer inclination from synthetic antioxidants, such as BHA, BHT, propyl gallates, EDTA, etc., towards cleaner and safer alternatives is also catalyzing the global market. Besides this, a significant growth in the cosmetic sector is further fueling the utilization of natural antioxidants for reducing wrinkles, pigmentation, dark circles, skin dullness, etc.Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the global natural antioxidants market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on product type and form.Breakup by Product Type:
- Vitamin C
- Market Breakup by Application
- Pharmaceuticals
- Food and Beverages
- Animal Feed
- Others
- Vitamin E
- Market Breakup by Application
- Animal Feed
- Food and Beverages
- Pharmaceuticals
- Others
- Polyphenol
- Market Breakup by Application
- Functional Beverages
- Functional Food
- Dietary Supplements
- Others
- Carotenoids
- Market Breakup by Application
- Food and Beverages
- Animal Feed
- Pharmaceuticals
- Others
Breakup by Form:
- Dry
- Liquid
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Ajinomoto Co. Inc., AkzoNobel NV, Ashland Global Specialty Chemicals Inc., Archer Daniels Midland Company, BASF SE, Dupont Nutrition Biosciences ApS (Dupont De Nemours, Inc.), Indena S.P.A. (Idb Holding S.p.A.), Koninklijke DSM N.V., Prinova Group LLC (Nagase & CO. Ltd.) and Naturex AG (Givaudan SA).Key Questions Answered in This Report
1. What was the size of the global natural antioxidants market in 2022?2. What is the expected growth rate of the global natural antioxidants market during 2023-2028?
3. What are the key factors driving the global natural antioxidants market?
4. What has been the impact of COVID-19 on the global natural antioxidants market?
5. What is the breakup of the global natural antioxidants market based on the product type?
6. What is the breakup of the global natural antioxidants market based on the form?
7. What are the key regions in the global natural antioxidants market?
8. Who are the key players/companies in the global natural antioxidants market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Natural Antioxidants Market
6 Market Breakup by Product Type
7 Market Breakup by Form
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
12 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Ajinomoto Co. Inc.
- AkzoNobel NV
- Ashland Global Specialty Chemicals Inc.
- Archer Daniels Midland Company
- BASF SE
- Dupont Nutrition Biosciences ApS (Dupont De Nemours Inc.)
- Indena S.P.A. (Idb Holding S.p.A.)
- Koninklijke DSM N.V.
- Prinova Group LLC (Nagase & CO. Ltd.) and Naturex AG (Givaudan SA)
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 140 |
| Published | November 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 1.4 Billion |
| Forecasted Market Value ( USD | $ 2 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
