According to IMARC Group’s latest report, titled “Natural Antioxidants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global natural antioxidants market size reached US$ 1.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.6% during 2023-2028.
Antioxidants are a type of compound that inhibits free radical formation by preventing the oxidation process that can damage the cells. Natural antioxidants can be obtained from various vegetables, spices, herbs, and fruits, including spinach, raspberry, and eggplant. They help in removing harmful and toxic substances from the human body and reduce the risks of heart diseases by absorbing the bad cholesterol present in the body.
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Market Trends and Drivers:
The rising awareness among the consumers regarding the benefits of consuming natural antioxidants and the increasing demand for organic personal care products are key factors primarily driving the market growth. The widespread use of natural antioxidants across the pharmaceutical and cosmetic industries is providing a significant impetus to the market growth. Other factors, such as the increasing prevalence of lifestyle diseases, the growing demand for natural antioxidants by food manufacturers, and rising research and development (R&D) activities, are creating a positive outlook for the market.
Competitive Landscape With Key Players:
The competitive landscape of the natural antioxidants market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
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.)
Naturex AG (Givaudan SA)
Key Market Segmentation:
The report has segmented the global natural antioxidants market on the basis of product type, form and region.
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
Asia Pacific
Europe
Latin America
Middle East and Africa
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Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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