MARKET INTRODUCTION
Antioxidants are regarded as substances that slow down or prevent the damage caused by free radicals to cells. Free radicals damage the cells, which can cause oxidative stress, which is linked to several health ailments such as heart disease, arthritis, cancer, immune deficiency, and other inflammatory conditions. Thus, antioxidants play a critical role by minimizing the effects of these harmful radicals and boost overall health. Antioxidants can be natural or produced synthetically. Consumption of these foods can reduce the free radicals produced in the body, thus preventing the body from several diseases.
MARKET DYNAMICS
Antioxidants are the additives that are capable of reducing the oxidation reaction in food, which, in turn, helps to prevent the food from turning rancid for a longer period of time. Thus, the growing usage of antioxidants in food & beverages and pharmaceutical applications is projected to augment the global antioxidants market size over the forecast period. Rising demand for frozen food products owing to changing lifestyles in the emerging economies has propelled product demand, which will subsequently drive the antioxidants market during the forecast period. The antioxidants are extensively used in manufacturing anti-aging creams, hair care products, etc. Thus, the rising demand in the cosmetic industry is also has been a vital factor for growing antioxidants market size over the past few years. However, the stringent government regulations against product use are likely to hamper antioxidants market size over the projected timespan. Nonetheless, propelling demand for natural antioxidants across various end-user industries, including cosmetics, food & beverage, bakery & confectionary, etc. is expected to provide lucrative opportunities for the antioxidants market.
MARKET SCOPE
The "Global Antioxidants Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the antioxidants market with detailed market segmentation by type, form, application and geography. The global antioxidants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading antioxidants market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global antioxidants market is segmented on the basis of type, form, and application. On the basis of type, the antioxidants market is segmented into, natural antioxidants and synthetic antioxidants. On the basis of form, the market is bifurcated into liquid and dry. Based on applictaion, the global antioxidants market is segmented into, pharmaceuticals, food and beverages, feed additives and cosmetics.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global antioxidants market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The antioxidants market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the antioxidants market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the antioxidants market in these regions.
MARKET PLAYERS
The reports cover key developments in the antioxidants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from antioxidants market are anticipated to lucrative growth opportunities in the future with the rising demand for antioxidants in the global market. Below mentioned is the list of few companies engaged in the antioxidants market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the antioxidants market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Frutarom Ltd.
- Kemin Industries Inc.
- Archer Daniels Midland Company
- Barentz Group
- Kalsec Inc.
- Eastman Chemical Company
- Camlin Fine Sciences Ltd.
- E.I. Du Pont De Nemours and Company
- Koninklijke DSM N.V.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.