Antioxidants Market
Global Antioxidants Market Size, Share & Trends Analysis Report by Type (Natural Antioxidants and Synthetic Antioxidants), by Form (Dry and Liquid), and by Application (Food & Feed Additives, Pharmaceuticals & Personal Care Products, Fuel & Lubricant Additives, Plastic, Rubber, and Latex Additives and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global antioxidants market is anticipated to grow at a significant CAGR of around 5.5% during the forecast period. In Food and beverage industry antioxidants are gaining momentum and are currently an important additive. The rapid increase in consumer awareness about several benefits of the additive in preventing chronic diseases such as diabetes has utilized additive. Growing demand and consumption of processed foods, that contain antioxidant compounds are propelling the market growth. The presence of antioxidants prevents oxidation and extends the shelf life of food that's why various players in the market are growing developing on antioxidants. For instance, In April 2021, Cosphatec launched an innovative, sustainable antioxidant that offers unique properties for optimum product protection and ease of application. It not only protects against oxidation of the fatty phase but also acts as an active ingredient to protect the membrane lipids of the skin. A few major threats are allergic response and digestive disorders and various regulatory bodies have laid down various norms about the dosage amount of preservatives used in food products.
Impact of COVID-19 Pandemic on Global Antioxidants Market
Several governments have imposed lockdowns across the globe and implemented social distancing due to this various manufacturing facilities remained shut and the antioxidants market was hampered. The market supply chain was also disrupted due to the imposition of restrictions on public mobility. Imports and Exports from China were restricted due to COVID-19 and it affected the most due to as it is an important additive and ingredients manufacturing country. The antioxidants market has been completely disrupted by these factors.
Segmental Outlook
The global antioxidants market is segmented on the basis of type, form and application. Based on the type, the market is segmented into natural antioxidants and synthetic antioxidants. On the basis of application, the market is sub-segmented into food & feed additives, pharmaceuticals & personal care products, fuel & lubricant additives, plastic, rubber, and latex additives, and others. Among the application, plastic, rubber, and latex additives are dominating owing to the steadily baked need for appearance enhancement. This additive is used in plastic products to inhibit the degradation attributed to thermo-mechanical htermo-oxidative conditions. These additives also help in enhancing the appearance, strength, stiffness of the product.
Global Antioxidants Market Share by Application, 2021 (%)
The Synthetic Segment is Dominating in the Global Antioxidants Market
Among the type segments, synthetic antioxidants are dominating owing to various extensively used techniques in food, feed, and other industries. Due to the growing population, the demand for synthetic antioxidants market is dominating. Moreover, overproductions of antioxidants help in lower costs the various industry has increased dependency and it majorly used in food and beverages and animal feed additive. Majorly these antioxidants are used in packed food products as preservatives. For instance, In November 2021, Givaudan Active Beauty launched Rosemary 01, a functional cosmetic ingredient, and its ingredient offers antioxidant benefits superior to BHT and BHA. Currently, synthetic antioxidants used in cosmetic products, such as BHA, BHT, and synthetic tocopherols, are effective but contested by an increasing number of consumers.
Regional Outlooks
The global antioxidants market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East &Africa, and Latin America. Asia Pacific region is dominating in the antioxidants market a the growing population and growing demand for fuel from end-user sectors are driving the growth of the antioxidants market.
Global Antioxidants Market Growth, by Region 2022-2028
The North America Region is Fastest Growing in the Global Antioxidants Market
North America region is fastest growing owing to the well-established food industry and the increasingly expanding defense and aerospace sector is propelling the region antioxidant market growth. Moreover, many companies in the US made a substantial investment in the development and manufacturing of new technologies of antioxidant and antioxidant medicine. Key manufacturers in the region are developing various antioxidant and antioxidants medicine and covering the market. For instance, In February 2022, Florida Food Products launched a plant-based antioxidant, VegStable Fresh during International Production & Processing Expo (IPPE) in Atlanta, Georgia. It is derived from green tea, rosemary, acerola, and rice bran extract—allows for a simpler label that maintains the desired color and flavor of meat and poultry products.
Market Players Outlook
The major companies serving the global antioxidants market include Archer Daniels Midland Co, Barentz International BV, BASF SE, Kalsec, Inc., Kemin Industries, Inc., NATUREX SA,Yasho Industries Ltd., 3A ANTIOXIDANTS, 3V Sigma USA Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, In July 2021, AstaReal, a natural astaxanthin supplier, launched NOVASTA an antioxidant-rich pet food and feed ingredient. It is derived from Haematococcus pluvialis, a species of microalgae known to benefit muscle, eye, brain, and immune system health in animals. Moreover, It also can be used in formulations for all kinds of animal feed, including companion animal diets, livestock, and aquaculture feed.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global antioxidants market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Antioxidant Market
• Recovery Scenario of Global Antioxidant Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Archer Daniels Midland Co.
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Barentz International BV
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. BASF SE
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Kalsec, Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Kemin Industries, Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Antioxidant Market by Type
4.1.1. Natural Antioxidants
4.1.2. Synthetic Antioxidants
4.2. Global Antioxidant Market by Form
4.2.1. Dry
4.2.2. Liquid
4.3. Global Antioxidant Market by Applications
4.3.1. Food & Feed Additives
4.3.2. Pharmaceuticals & Personal Care Products
4.3.3. Fuel & Lubricant Additives
4.3.4. Plastic, Rubber and Latex Additives
4.3.5. Others
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AOM
6.2. BTSA
6.3. Camlin Fine Sciences Ltd.
6.4. Cargill, Inc.
6.5. ChemPoint.
6.6. Crystal Quinone Pvt. Ltd.
6.7. Dover Chemical Corp.
6.8. DSM Nutritional Products AG
6.9. Eastman Chemical Co
6.10. Foodchem International Corp.
6.11. Givaudan
6.12. Guangzhou ZIO Chemical Co.,Ltd
6.13. International Flavors & Fragrances Inc.
6.14. NAGASE & CO., LTD.
6.15. NATUREX SA
6.16. OXIRIS CHEMICALS, SA
6.17. PHARMORGANA GmbH
6.18. TRiiSO LLC
6.19. Vitablend Nederland BV
6.20. William Reed
6.21. Yasho Industries Ltd.
6.22. 3A ANTIOXIDANTS
6.23. 3V Sigma USA Inc. -
1. GLOBAL ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL NATURAL ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL SYNTHETIC ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($
4. MILLION)
5. GLOBAL ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
6. GLOBAL DRY ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL LIQUID ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
9. GLOBAL FOOD & FEED ADDITIVES ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL PHARMACEUTICALS & PERSONAL CARE PRODUCTS ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL FUEL & LUBRICANT ADDITIVES ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL PLASTIC, RUBBER AND LATEX ADDITIVES ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL ANTIOXIDANT IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. NORTH AMERICAN ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
16. NORTH AMERICAN ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
17. NORTH AMERICAN ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
18. EUROPEAN ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. EUROPEAN ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
20. EUROPEAN ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
21. EUROPEAN ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. REST OF THE WORLD ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. REST OF THE WORLD ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY FORM,2021-2028 ($ MILLION)
29. REST OF THE WORLD ANTIOXIDANT MARKET RESEARCH AND ANALYSIS BY APPLICATION,2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL ANTIOXIDANT MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL ANTIOXIDANT MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL ANTIOXIDANT MARKET, 2021-2028 (%)
4. GLOBAL ANTIOXIDANT MARKET SHARE BY TYPE, 2021 VS 2028 (%)
5. GLOBAL NATURAL ANTIOXIDANT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL SYNTHETIC ANTIOXIDANT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL ANTIOXIDANT MARKET SHARE BY FORM, 2021 VS 2028 (%)
8. GLOBAL DRY ANTIOXIDANT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL LIQUID ANTIOXIDANT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL ANTIOXIDANT MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
11. GLOBAL FOOD & FEED ADDITIVES ANTIOXIDANT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL PHARMACEUTICALS & PERSONAL CARE PRODUCTS ANTIOXIDANT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL FUEL & LUBRICANT ADDITIVES ANTIOXIDANT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL PLASTIC, RUBBER AND LATEX ADDITIVES ANTIOXIDANT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL ANTIOXIDANT IN OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL ANTIOXIDANT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. US ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
19. UK ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD ANTIOXIDANT MARKET SIZE, 2021-2028 ($ MILLION)
