Press release
What's driving the Natural Antioxidants Market growth? DSM, Archer Daniels Midland, DuPont-Danisco, Cargill, Prinova, S.P.A, Among Others.
Natural Antioxidants
Antioxidants are inhibitors of oxidation reaction, which can lead to generation of reactive oxygen species. Synthetic Antioxidants are prepared artificially by chemical synthesis. Whereas natural antioxidants are naturally developed in all living organisms as a defense mechanism to prevent cell damage caused by oxidative stress.
Market Dynamics:
Antioxidants are majorly used in food-processing where use of synthetic antioxidants is common to increase shelf life of ready-to-eat food products. A major driver for growth of natural antioxidants market is increasing awareness regarding side effects of synthetic antioxidants.
According to a report ‘High-Growth Segments of Indian Food and Beverage Industry’ (November 2017) of Indian government’s Ministry of food processing industries, total consumption of the food and beverage segment in India is expected to increase from US$ 369billion to US$ 1.142trillion by 2025. Increased consumption of processed food is expected to propel demand for food items with longer shelf life. To meet this demand, natural antioxidants would provide greener and safer alternative.
Market Taxonomy:
On the basis of source, Global Natural Antioxidants Market is segmented into:
Plants, fruits, vegetables
Algal
Animal
On the basis of Chemical Nature, Global Natural Antioxidants Market is segmented into:
Polyphenols
Flavonoids
Carotenoids
Vitamins
Amino acids, peptides, and enzymes
On the basis of end-use industry, Global Natural Antioxidants Market is segmented into:
Food
Animal feed
Neutraceutical and Pharmaceutical
Cosmetics
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Market Outlook:
Among end-user industries, pharmaceutical segment accounted for the largest market share in natural antioxidants market, owing to preventive measures against diseases such as cancer, cardiovascular and neurodegenerative diseases, and premature aging, which are caused by oxidative stress.
According to the Coherent Market Insights analysis, Asia Pacific region accounted for the largest market share in global natural antioxidants market, owing to rising demand from the neutraceutical and pharmaceutical industry.
According to India brand Equity Foundation (IBEF) report, ‘The Best of India in Pharma’ (February 2017), there has been increasing demand for Indian traditional products in foreign markets, as India is the base for natural herbal products. Indian neutracetical market is expected to account for US$ 6.1 billion by 2020. According to the review article ‘New Concepts in Neutraceuticals as Alternative for Pharmaceuticals’ of international journal of preventive medicine, the worldwide neutraceuticals market is expected to reach US$ 250 billion by 2018.
Key players:
Key players operating in the global natural antioxidants market include DSM, Archer Daniels Midland, DuPont-Danisco, Cargill, Prinova, S.P.A, Naturex, and Ajinomoto OmniChem Natural Specialties.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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