Antioxidant Market 2024-2028
The antioxidant market is forecasted to grow by USD 1500 mn during 2023-2028, accelerating at a CAGR of 6.4% during the forecast period. The report on the antioxidant market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand from personal care industry, increased demand for processed food products, and health benefits of natural antioxidants.
Technavio's antioxidant market is segmented as below:
- By Application
- Food and beverages
- Pharmaceuticals
- Personal care
- Animal feeds
- By Type
- Vitamin C-based
- Vitamin E-based
- Polyphenols-based
- Carotenoids-based
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the rising adoption of new extraction techniques of antioxidants as one of the prime reasons driving the antioxidant market growth during the next few years. Also, emergence of nutraceutical antioxidants and rising demand for clean-label products will lead to sizable demand in the market.
The report on the antioxidant market covers the following areas:
- Antioxidant Market sizing
- Antioxidant Market forecast
- Antioxidant Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading antioxidant market vendors that include 3V Sigma USA Inc., ADEKA Corp, Adisseo Co., Archer Daniels Midland Co., Barentz International BV, BASF SE, Beijing Tiangang Auxiliary Co. Ltd., BIOTECNOLOGIAS APLICADAS SL, Cargill Inc., Chitec Technology Co. Ltd., Clariant AG, Double Bond Chemical Ind. Co. Ltd., Dover Chemical Corp., DuPont de Nemours Inc., Eastman Chemical Co., Everspring Chemical Co. Ltd., Evonik Industries AG, IMCD NV, Kalsec Inc., Kemin Industries Inc., Koninklijke DSM NV, Oxiris Chemicals SA, SI Group Inc., Solvay SA, and Taiwan Dyestuffs and Pigments Corp.. Also, the antioxidant market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.