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Antioxidants Market Overview, COVID-19 Impact, Types, Top Manufacturer, and Industry Development

06-23-2020 11:26 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Antioxidants Market

Antioxidants Market

Global Antioxidants Market was valued at $2,923 million in 2015 and is expected to reach $4,531 million by 2022, registering a CAGR of 6.42% during the forecast period.

Antioxidants are used as vitamin supplements in pharmaceutical industry and help in preserving food products. The global antioxidants market is poised to witness significant growth during the forecast period owing to decrease in their costs, increase in investment & product approval by regulatory authorities, and increase in their demand in the food & beverage industry. In addition, developed economies have discovered new growth opportunities by shifting their focus on natural antioxidants such as rosemary extract. Conversely, Asia-Pacific is expected to show growth in the demand for synthetic antioxidants during the forecast period.

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Healthcare sector is a promising market for antioxidants due to their widespread applications in blood pressure management, celiac disease treatment, and liver transplantation procedures.

The Asia-Pacific market dominated the global market, accounting for more than one-third share in 2015, followed by Europe and North America. However, the LAMEA market is expected to grow at a CAGR of 6.50% during the forecast period due to nutrition deficiency among people in some countries in the region coupled with growing health awareness.

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The leading market players profiled in the report include Archer-Daniels-Midland Company, BASF SE, E. I. DuPont El Nemours and Company, Barentz International BV, Kalsec Inc., Kemin Industries, Inc., Koninklijke DSM N.V., Nutreco N.V., Cargill Incorporated, Aland (Jiangsu) Nutraceutical Co. Ltd., and Naturex S.A.

Key Findings of Antioxidants Market:
In 2015, the Vitamin E segment dominated the global market with more than one-third of the total share by volume.
The natural antioxidant segment is expected to grow at a CAGR of 7.47% during 20162022.
The rosemary extract segment in the Asia-Pacific region is expected to grow at a CAGR of 8.06% during the forecast period.
In 2015, butylated hydroxy anisole (BHA) segment occupied the major share in the global market, accounting for about half of the total volume.
The synthetic antioxidant market in Europe is expected to grow at a CAGR of 5.32% during the forecast period.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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