Press release
Antioxidants Market expected to reach US$ 3,111.5 Mn by 2020
Antioxidants Market
The market is primarily driven by increasing global meat consumption, increasing demand for anti-aging products, stringent government regulatory structure and increasing shelf life of food products. The increase in demand for anti-aging products is also stimulating the growth of the global antioxidants market currently.
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Health benefits of consuming antioxidants have been witnessing an uptick in terms of awareness of consumers towards them. With every passing year, more consumers are being informed about the benefits of consuming antioxidants through food and beverages. Changing diet patterns of consumers and a significant rise in global meat consumption has further surged the demand for antioxidants. Some of the key advantages of consuming antioxidants include:
Counteracting the effects of free radicals produced naturally in our bodies
Different antioxidants can benefit different parts of the body; from eyes and heart to prostate and urinary tract
Protecting skin from photo-oxidation of UV rays
Supporting the immunity system by protecting cellular DNA and cell membranes from mutation
An exclusive research study by Future Market Insights projects that factors as such are observed to be the key drivers for the growth of the global antioxidants market. Their health benefits will drive their demand in the assessment period, 2014-2020, as the report projects a steady expansion of the global antioxidants market through 2020. During this forecast period, the report expects that increasing intake of antioxidants in optimizing one’s health and improving memory abilities will also serve as a proponent in driving the sales of products containing antioxidants.
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Recent Trends in Food Applications of Antioxidants
Key trends that will be influencing the use of antioxidants in the food and beverage industry have been analyzed in the report. They include:
Scientific developments in antioxidant action on lipids
Use of antioxidants as an antimicrobial agent
Hormone research studies proving the key role of antioxidants in protecting the membranes of tissues and cells
Growing use of emulsified oils in production of food products
Rising adoption of in-situ extraction
Increasing consumption of uncomminuted food such as roasted beef
Surging demand for pre-cooked frozen fast foods and freeze-dried foods, among others
Key Players: Antioxidants Market
Key manufacturers identified in the global antioxidants market include Aland (Jiagsu) Nutraceutical Co. Ltd, Archer-Daniels Midland Company, BASF SE, Cargill Incorporated, DuPont, Kalsec, Inc., Kemin Industries, Inc., Koninklijke DSM N.V., Naturex S.A., Nutreo N.V. and Vitablend Nederland B.V. In order to sustain their market share in the antioxidants market, manufacturers have been entering into various mergers and acquisitions as well as following the strategy of geographic expansion, especially in Asian countries like China, India and other Southeast Asian countries.
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Key Segments Covered: Antioxidants Market
By Product Segment
Natural Antioxidants
Rosemary extracts
Vitamin A
Vitamin C
Vitamin E
Synthetic Antioxidants
Butylated hydroxyanisole
Butylated hydroxytoluene
Others
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About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.
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