Market Overview:
The global antioxidant market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for antioxidants from various applications such as pharmaceutical, food and beverage, feed additive, cosmetic and others. In addition, the growing awareness about the benefits of antioxidants is also contributing to the growth of this market. The global antioxidant market is segmented on the basis of type into natural antioxidants and synthetic antioxidants. The natural antioxidant segment accounted for a major share in 2017 and is projected to grow at a CAGR of 7% during the forecast period. This can be attributed to their high efficacy as compared to synthetic antioxidants and rising consumer preference for organic products.
Product Definition:
A substance that scavenges free radicals and inhibits the oxidation of other molecules.
Natural Antioxidants:
Natural antioxidants are the products that can prevent or reduce the damage of oxidation in living organisms. Oxidation is a chemical reaction where free radicals are produced, which have harmful effects on cells. These free radicals cause damage to DNA and RNA, resulting in mutation and cancer. Therefore, natural antioxidants act as an anti-oxidant by neutralizing or removing the radical pair from cell membranes; thus preventing oxidation of cellular components.
Synthetic Antioxidants:
Synthetic antioxidants are chemicals that act as an antioxidant and prevent the damage of cells by inhibiting the oxidation process. The most common synthetic antioxidants used in food and beverage products include BHA, BHT, TBHQ, and Vitamin E.
Application Insights:
The market is segmented by application into pharmaceutical, food and beverage, feed additive, cosmetic and other applications. The pharmaceutical application dominated the overall industry in terms of revenue as well as volume in 2017. This is due to the high demand for antioxidants for different diseases such as cancer and cardiovascular diseases. Moreover, increasing research & development activities by major players coupled with growing usage of these products in various drugs will further boost growth over the forecast period.
Food additives are expected to witness significant growth during the forecast period owing to rising consumer awareness regarding health benefits associated with these additives particularly vitamins E and C which have excellent antioxidant properties that help prevent degenerative diseases such as heart disease hardening arteries and stroke caused due to blood vessel damage which increases risk of cardiovascular Diseases (CVD).
Regional Analysis:
Asia Pacific emerged as the largest regional market in 2017 and is anticipated to witness significant growth over the forecast period. The presence of a large number of manufacturers coupled with growing demand from end-use industries such as food and beverage, pharmaceutical, cosmetics, etc. is expected to drive the APAC market over the forecast period.
The increasing per capita income levels in developing economies including China and India are expected to boost consumer spending on these products for maintaining or enhancing beauty or for improving health. This will further fuel product demand in personal care products such as skin care lotions, creams, sun block lotions among others in near future which will have a positive impact on overall global antioxidant market growth during the forecast period.
Europe was estimated at USD X billion in 2017 owing to high consumption levels of dietary supplements by consumers preferring organic options due to rising concerns regarding health risks associated with excessive intake of antioxidants found naturally occurring ones like fruits.
Growth Factors:
- Increasing awareness about the benefits of antioxidants for overall health and well-being is driving demand for antioxidant products.
- Growing incidence of chronic diseases such as cancer, heart disease, and diabetes is fueling demand for antioxidant supplements and foods.
- Rising consumer interest in preventive healthcare is propelling growth in the antioxidant market.
- The increasing popularity of functional foods and beverages that contain antioxidants is contributing to market growth.
- The growing use of antioxidants in personal care products is another key factor driving market expansion
Scope Of The Report
Report Attributes
Report Details
Report Title
Antioxidant Market Research Report
By Type
Natural Antioxidants, Synthetic Antioxidants
By Application
Pharmaceutical, Food and beverage, Feed Additive, Cosmetic, Others
By Companies
AkzoNobel, Adeka Corp, Aland (Jiangsu) Nutraceutical, Archer-Daniels-Midland Company, Albemarle Corp, BASF SE, Cargill Incorporated, DowDuPont, Kalsec, Kemin Industries, AkzoNobel, Naturex S.A., Vitablend Nederland, Songwon Industrial, Lanxess
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Antioxidant Market Report Segments:
The global Antioxidant market is segmented on the basis of:
Types
Natural Antioxidants, Synthetic Antioxidants
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical, Food and beverage, Feed Additive, Cosmetic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AkzoNobel
- Adeka Corp
- Aland (Jiangsu) Nutraceutical
- Archer-Daniels-Midland Company
- Albemarle Corp
- BASF SE
- Cargill Incorporated
- DowDuPont
- Kalsec
- Kemin Industries
- AkzoNobel
- Naturex S.A.
- Vitablend Nederland
- Songwon Industrial
- Lanxess
Highlights of The Antioxidant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Antioxidants
- Synthetic Antioxidants
- By Application:
- Pharmaceutical
- Food and beverage
- Feed Additive
- Cosmetic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Antioxidant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An antioxidant is a molecule that helps protect cells from damage by free radicals.
Some of the key players operating in the antioxidant market are AkzoNobel, Adeka Corp, Aland (Jiangsu) Nutraceutical, Archer-Daniels-Midland Company, Albemarle Corp, BASF SE, Cargill Incorporated, DowDuPont, Kalsec, Kemin Industries, AkzoNobel, Naturex S.A., Vitablend Nederland, Songwon Industrial, Lanxess.
The antioxidant market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Antioxidant Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Antioxidant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Antioxidant Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Antioxidant Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Antioxidant Market Size & Forecast, 2018-2028
4.5.1 Antioxidant Market Size and Y-o-Y Growth
4.5.2 Antioxidant Market Absolute $ Opportunity
Chapter 5 Global Antioxidant Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Antioxidant Market Size Forecast by Type
5.2.1 Natural Antioxidants
5.2.2 Synthetic Antioxidants
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Antioxidant Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Antioxidant Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Food and beverage
6.2.3 Feed Additive
6.2.4 Cosmetic
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Antioxidant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Antioxidant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Antioxidant Analysis and Forecast
9.1 Introduction
9.2 North America Antioxidant Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Antioxidant Market Size Forecast by Type
9.6.1 Natural Antioxidants
9.6.2 Synthetic Antioxidants
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Antioxidant Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Food and beverage
9.10.3 Feed Additive
9.10.4 Cosmetic
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Antioxidant Analysis and Forecast
10.1 Introduction
10.2 Europe Antioxidant Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Antioxidant Market Size Forecast by Type
10.6.1 Natural Antioxidants
10.6.2 Synthetic Antioxidants
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Antioxidant Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Food and beverage
10.10.3 Feed Additive
10.10.4 Cosmetic
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Antioxidant Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Antioxidant Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Antioxidant Market Size Forecast by Type
11.6.1 Natural Antioxidants
11.6.2 Synthetic Antioxidants
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Antioxidant Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Food and beverage
11.10.3 Feed Additive
11.10.4 Cosmetic
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Antioxidant Analysis and Forecast
12.1 Introduction
12.2 Latin America Antioxidant Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Antioxidant Market Size Forecast by Type
12.6.1 Natural Antioxidants
12.6.2 Synthetic Antioxidants
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Antioxidant Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Food and beverage
12.10.3 Feed Additive
12.10.4 Cosmetic
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Antioxidant Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Antioxidant Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Antioxidant Market Size Forecast by Type
13.6.1 Natural Antioxidants
13.6.2 Synthetic Antioxidants
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Antioxidant Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Food and beverage
13.10.3 Feed Additive
13.10.4 Cosmetic
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Antioxidant Market: Competitive Dashboard
14.2 Global Antioxidant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 Adeka Corp
14.3.3 Aland (Jiangsu) Nutraceutical
14.3.4 Archer-Daniels-Midland Company
14.3.5 Albemarle Corp
14.3.6 BASF SE
14.3.7 Cargill Incorporated
14.3.8 DowDuPont
14.3.9 Kalsec
14.3.10 Kemin Industries
14.3.11 AkzoNobel
14.3.12 Naturex S.A.
14.3.13 Vitablend Nederland
14.3.14 Songwon Industrial
14.3.15 Lanxess
