Email
Print
Antioxidants Market Overview
The Antioxidants Market size is forecast to reach $7.7 billion by 2026, growing at a CAGR of 5.8% during the forecast period 2021-2026. Antioxidants are sourced naturally or synthetically. Natural antioxidants replace synthetic products for preventing negative effects caused by synthetic compounds. It defends the cells from damage that are caused by harmful molecules. Oxidative stress is caused by heart disease, cancer, respiratory diseases, and other inflammatory ischemic conditions. Free radicals are neutralized in the body with the help of the antioxidants. There are different types of antioxidants such as Butylated Hydroxytoluene, and lycopene among others. Ascorbic acid acts as an antioxidant for protecting cellular components in the body. Increasing applications of natural antioxidants, increasing preference of consumers towards healthy diet, and increasing demand from cosmetics industry is the major factor driving the growth of the market. Increasing application of antioxidants from food & beverage industry and increasing usage of antioxidants in convenience food is set to further enhance the overall market demand for the Antioxidants Market during the forecast period 2021-2026.
Report Coverage
The report: “Antioxidants Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Antioxidants Market.
By Type: Natural, and Synthetic
By Applications: Pharmaceutical, Food & Beverage, Feed Additives, Cosmetic, and Others
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (Middle East, and Africa).
Key Takeaways
- North America dominated the Antioxidants Market in 2020 owing to the increasing incidences of diseases and increasing health concerns. The Antioxidants market scope for different regions will be provided in the final report.
- Increasing usage of nutritional supplements and increasing consumer inclination towards healthy diets are likely to aid the market growth of the Antioxidants Market report.
- Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Antioxidants Market report.
- Lack of awareness regarding the antioxidant products and overconsumption of antioxidants is poised to create the hurdles for the Antioxidants Market
Antioxidants Market Revenue Share, By Geography, 2020(%)
For more details on this report - Request for Sample
Antioxidants Market Segment Analysis – By Type
Natural antioxidants held the largest share in the Antioxidants Market in 2020 and is estimated to grow at a CAGR 6.1% during the forecast period 2021-2026. This is attributed to the various health benefits that are associated with antioxidants. Natural antioxidants are mainly sourced from plants, meats, fruits, herbs, and spices among others. Vitamin C is used as a pharmaceutical supplements and vitamin E is used in animal feed. Increasing usage of carotenoids and increasing demand for functional food and beverages is increasing the growth of the segment. Natural antioxidants are estimated to register the higher CAGR over the period 2021-2026.
Antioxidants Market Segment Analysis - By Applications
Food & Beverages held the largest share in the Antioxidants Market in 2020 and is estimated to grow at a CAGR of 6.5% during the forecast period 2021-2026. This is attributed to the increasing usage of antioxidants in confectionary products and soft gummy candies. Changing preferences of the consumers and increasing awareness regarding the shelf life of food items is increasing the growth of the segments. There is an increasing demand of antioxidants from cosmetic industry owing to its properties of neutralizing free radicals on the skin. Food & Beverage is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2021-2026.
Antioxidants Market Segment Analysis – By Geography
North America dominated the Antioxidants Market with a major share of 36.9% in 2020. This is attributed to the increasing government initiatives to enhance consumer knowledge towards new innovations in the field of antioxidants, and increasing focus on the research & development to adopt antioxidants in pharmaceuticals that offers health benefits. Increasing inclination of the consumers towards the healthy diet, and increasing number of applications in the food & beverage industry is also increasing the growth of the market in this region.
However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the increasing prevalence of chronic diseases and increasing demand from cosmetic industry. Increasing awareness regarding the antioxidants is also increasing the growth of the market in this region.
Antioxidants Market Drivers
Increasing Prevalence of Cardiovascular Diseases
The increasing prevalence of cardiovascular diseases is expanding the growth of the Antioxidants Market. Various causes of cardiovascular disease include unhealthy diet, high usage of tobacco, and lack of physical activity among others which raises the blood pressure and blood glucose causing overweight and obesity. Four out of Five cardiovascular deaths are owing to heart attacks and strokes according to the World Health Organization. Thus, increasing the growth of the Antioxidants Market during the forecast period 2021-2026.
Rising Prevalence of Chronic Diseases
Rising prevalence of chronic diseases is increasing the growth of the Antioxidants Market. Leading cause of death around the world is owing to the increasing incidences of chronic diseases. It is estimated that around 29% of the death is owing to the chronic diseases. 40.5% of the U.S. population suffers from the diseases. Antioxidants helps in protecting the cells from free radicals that leads to heart diseases. Thus, increasing the growth of the Antioxidants Market during the forecast period 2021-2026.
Antioxidants Market Challenges
Lack of Awareness Regarding the Products and Overconsumption of Antioxidants
Some of the factors that are set to impede the growth of the Antioxidants Market are lack of awareness regarding the antioxidants products and overconsumption of antioxidants. Lack of knowledge regarding the usage of antioxidants in the cosmetics industry is also set to hinder the growth of the market during the forecast period 2021-2026.
Antioxidants Market Landscape
Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Antioxidants Market. In 2020, the Antioxidants Market share is consolidated by the top ten players present in the market. The Antioxidants Market, top 10 companies are BASF SE, Kalsec Inc., Kemin Industries Inc. Archer Daniels Midland, Royal DSM, Cargill Incorporated, and DuPont among others.
Relevant Titles:
Report Code: FBR 0130
Report Code: FBR 0139
For more Food and Beverage Market related reports, please click here
1. Antioxidants Market- Overview
1.1 Definitions and Scope
2. Antioxidants Market- Executive Summary
2.1 Market Revenue and Key Trends by Company
2.2 Key trends by Type
2.3 Key trends by Applications
2.4 Key trends by Geography
3. Antioxidants Market– Comparative Analysis
3.1 Product Benchmarking – Key Companies
3.2 Financial Analysis – Key Companies
3.3 Market Value Split by Key Companies
3.4 Patent Analysis – Key Companies
3.5 Pricing Analysis
4. Antioxidants Market- Startup Companies Scenario Premium
4.1 Key Startup Company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Venture Capital and Funding Scenario
5. Antioxidants Market– Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case Studies of Successful Ventures
6. Antioxidants Market Forces
6.1 Market Drivers
6.2 Market Constraints/Challenges
6.3 Porters five force model
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7. Antioxidants Market– Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle
8. Antioxidants Market – By Type(Market Size –$Million/$Billion)
8.1 Natural
8.1.1 Vitamin A
8.1.2 Vitamin B
8.1.3 Vitamin C
8.1.4 Rosemary Extract
8.1.5 Carotenoids
8.2 Synthetic
8.2.1 Butylated Hydroxyanisole
8.2.2 Butylated Hydroxytoluene
8.2.3 Lycopene
9. Antioxidants Market – By Applications(Market Size –$Million/$Billion)
9.1 Pharmaceutical
9.2 Food & Beverage
9.3 Feed Additive
9.4 Cosmetic
9.5 Others
10. Antioxidants Market- By Geography(Market Size –$Million/$Billion)
10.1 North America
10.1.1 U.S.
10.1.2 Mexico
10.1.3 Canada
10.2 Europe
10.2.1 U.K.
10.2.2 France
10.2.3 Germany
10.2.4 Italy
10.2.5 Spain
10.2.6 Rest of Europe
10.3 Asia Pacific
10.3.1 China
10.3.2 India
10.3.3 Japan
10.3.4 South Korea
10.3.5 Australia & New Zealand
10.3.6 Rest of APAC
10.4 Rest of the World
10.4.1 Middle East
10.4.2 Africa
10.4.3 South America
11. Antioxidants Market- Entropy
12. Antioxidants Market– Industry/Segment Competition Landscape Premium
12.1 Market Share Analysis
12.1.1 Global Market Share – Key Companies
12.1.2 Market Share by Region – Key companies
12.1.3 Market Share by Countries – Key Companies
12.1.4 Competition Matrix
12.1.5 Best Practices for Companies
13. Antioxidants Market– Key Company List by Country Premium Premium
14. Antioxidants Market Company Analysis
14.1 Company 1
14.2 Company 2
14.3 Company 3
14.4 Company 4
14.5 Company 5
14.6 Company 6
14.7 Company 7
14.8 Company 8
14.9 Company 9
14.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.
LIST OF TABLES
LIST OF FIGURES
1.US Antioxidants Market Revenue, 2019-2024 ($M)2.Canada Antioxidants Market Revenue, 2019-2024 ($M)
3.Mexico Antioxidants Market Revenue, 2019-2024 ($M)
4.Brazil Antioxidants Market Revenue, 2019-2024 ($M)
5.Argentina Antioxidants Market Revenue, 2019-2024 ($M)
6.Peru Antioxidants Market Revenue, 2019-2024 ($M)
7.Colombia Antioxidants Market Revenue, 2019-2024 ($M)
8.Chile Antioxidants Market Revenue, 2019-2024 ($M)
9.Rest of South America Antioxidants Market Revenue, 2019-2024 ($M)
10.UK Antioxidants Market Revenue, 2019-2024 ($M)
11.Germany Antioxidants Market Revenue, 2019-2024 ($M)
12.France Antioxidants Market Revenue, 2019-2024 ($M)
13.Italy Antioxidants Market Revenue, 2019-2024 ($M)
14.Spain Antioxidants Market Revenue, 2019-2024 ($M)
15.Rest of Europe Antioxidants Market Revenue, 2019-2024 ($M)
16.China Antioxidants Market Revenue, 2019-2024 ($M)
17.India Antioxidants Market Revenue, 2019-2024 ($M)
18.Japan Antioxidants Market Revenue, 2019-2024 ($M)
19.South Korea Antioxidants Market Revenue, 2019-2024 ($M)
20.South Africa Antioxidants Market Revenue, 2019-2024 ($M)
21.North America Antioxidants By Application
22.South America Antioxidants By Application
23.Europe Antioxidants By Application
24.APAC Antioxidants By Application
25.MENA Antioxidants By Application
26.Aland Nutraceutical Co., Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Archer-Daniels-Midland Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.BASF S.E, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Cargill, Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.DuPont, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Kalsec, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Kemin Industries, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Koninklijke DSM N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Naturex S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Nutreco N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Vitablend Nederland B.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)