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 6.1% during 2022-2028.
Natural antioxidants refer to naturally occurring additives that are primarily used for delaying the oxidative rancidity in biological products. The variants of natural antioxidants include vitamin C, vitamin E, polyphenols and carotenoids. Natural antioxidants are widely adopted for mitigating the production of free radicals from the body cells and preventing the damage caused by oxidation. As a result, they aid in mitigating the risk of numerous medical ailments, such as cancer, cardiac arrest, emphysema, Parkinson’s disease, etc., that may be caused due to oxidative stress in the body. As a result, they are widely used across diverse industries, such as food and beverages, pharmaceuticals, animal feed, nutraceuticals, cosmetics, etc.
Natural Antioxidants Market Trends:
The growing prevalence of lifestyle diseases due to the increasing consumption of refined and processed foods, trans fats, artificial sweeteners, chemical additives, etc., is propelling the need for natural antioxidants. Moreover, the rising incidences of chronic respiratory ailments based on the high exposure to air pollutants, including industrial solvents, hazardous gases, dust particles, etc., are also driving the natural antioxidants market growth. Apart from this, the growing consumer awareness towards numerous benefits of natural antioxidants in reducing the oxidative damage due to chemotherapy is further augmenting the product demand in cancer treatment procedures. Additionally, the increasing consumer inclination from synthetic antioxidants, such as BHA, BHT, propyl gallates, EDTA, etc., towards cleaner and safer alternatives is also catalyzing the global market. Besides this, a significant growth in the cosmetic sector is further fueling the utilization of natural antioxidants for reducing wrinkles, pigmentation, dark circles, skin dullness, etc.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global natural antioxidants market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on product type and form.
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
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being 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.) and Naturex AG (Givaudan SA).
Key Questions Answered in This Report
1. What was the size of the global natural antioxidants market in 2022?
2. What is the expected growth rate of the global natural antioxidants market during 2023-2028?
3. What are the key factors driving the global natural antioxidants market?
4. What has been the impact of COVID-19 on the global natural antioxidants market?
5. What is the breakup of the global natural antioxidants market based on the product type?
6. What is the breakup of the global natural antioxidants market based on the form?
7. What are the key regions in the global natural antioxidants market?
8. Who are the key players/companies in the global natural antioxidants market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Natural Antioxidants Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
- 6 Market Breakup by Product Type
- 6.1 Vitamin C
- 6.1.1 Market Trends
- 6.1.2 Market Breakup by Application
- 6.1.2.1 Pharmaceuticals
- 6.1.2.2 Food and Beverages
- 6.1.2.3 Animal Feed
- 6.1.2.4 Others
- 6.1.3 Market Forecast
- 6.2 Vitamin E
- 6.2.1 Market Trends
- 6.2.2 Market Breakup by Application
- 6.2.2.1 Animal Feed
- 6.2.2.2 Food and Beverages
- 6.2.2.3 Pharmaceuticals
- 6.2.2.4 Others
- 6.2.3 Market Forecast
- 6.3 Polyphenol
- 6.3.1 Market Trends
- 6.3.2 Market Breakup by Application
- 6.3.2.1 Functional Beverages
- 6.3.2.2 Functional Food
- 6.3.2.3 Dietary Supplements
- 6.3.2.4 Others
- 6.3.3 Market Forecast
- 6.4 Carotenoids
- 6.4.1 Market Trends
- 6.4.2 Market Breakup by Application
- 6.4.2.1 Food and Beverages
- 6.4.2.2 Animal Feed
- 6.4.2.3 Pharmaceuticals
- 6.4.2.4 Others
- 6.4.3 Market Forecast
- 7 Market Breakup by Form
- 7.1 Dry
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Liquid
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.2 Asia Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
- 9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
- 10 Value Chain Analysis
- 11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
- 12 Competitive Landscape
- 12.1 Market Structure
- 12.2 Key Players
- 12.3 Profiles of Key Players
- 12.3.1 Ajinomoto Co. Inc.
- 12.3.1.1 Company Overview
- 12.3.1.2 Product Portfolio
- 12.3.1.3 Financial
- 12.3.1.4 SOWT Analysis
- 12.3.2 AkzoNobel NV
- 12.3.2.1 Company Overview
- 12.3.2.2 Product Portfolio
- 12.3.2.3 Financials
- 12.3.2.4 SWOT Analysis
- 12.3.3 Ashland Global Specialty Chemicals Inc.
- 12.3.3.1 Company Overview
- 12.3.3.2 Product Portfolio
- 12.3.3.3 Financials
- 12.3.3.4 SWOT Analysis
- 12.3.4 Archer Daniels Midland Company
- 12.3.4.1 Company Overview
- 12.3.4.2 Product Portfolio
- 12.3.4.3 Financials
- 12.3.4.4 SWOT Analysis
- 12.3.5 BASF SE
- 12.3.5.1 Company Overview
- 12.3.5.2 Product Portfolio
- 12.3.5.3 Financials
- 12.3.5.4 SWOT Analysis
- 12.3.6 Dupont Nutrition Biosciences ApS (Dupont De Nemours Inc.)
- 12.3.6.1 Company Overview
- 12.3.6.2 Product Portfolio
- 12.3.6.3 Financials
- 12.3.7 Indena S.P.A. (Idb Holding S.p.A.)
- 12.3.7.1 Company Overview
- 12.3.7.2 Product Portfolio
- 12.3.7.3 SWOT Analysis
- 12.3.8 Koninklijke DSM N.V.
- 12.3.8.1 Company Overview
- 12.3.8.2 Product Portfolio
- 12.3.8.3 Financials
- 12.3.8.4 SWOT Analysis
- 12.3.9 Prinova Group LLC (Nagase & Co. Ltd.)
- 12.3.9.1 Company Overview
- 12.3.9.2 Product Portfolio
- 12.3.9.3 Financials
- 12.3.9.4 SOWT Analysis
- 12.3.10 Naturex AG (Givaudan SA)
- 12.3.10.1 Company Overview
- 12.3.10.2 Product Portfolio
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