Press release
Natural Antioxidants Market Overview - Forecast Market Size, Top Segments And Largest Region 2023-2032
Natural Antioxidants
The Business Research Company's Natural Antioxidants Global Market Report 2023 identifies increasing awarenessas the major driver for the Natural Antioxidants market's growth in the forecast period. As people are becoming more aware of lifestyle diseases, they are adopting healthy lifestyles and striving to improve their dietary habits, which boosts the demand for natural antioxidants. Antioxidant-rich foods may lower the risk of a variety of diseases including heart disease and certain cancers.
The global natural antioxidants market size grew from $2.31 billion in 2022 to $2.52 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the natural antioxidants is expected to grow to $3.62 billion in 2027 at a CAGR of 9.4%.
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Major competitors in the Natural Antioxidants market are Archer Daniels Midland Company, Koninklijke DSM N.V., BASF SE, DowDuPont, Ajinomoto Co. Inc.
A key trend in the Natural Antioxidants market includes strategic collaborations. Major companies operating in the natural antioxidants sector are focused on strategic collaborations to strengthen their position. For instance, in January 2020, DuPont, a US-based company that offers natural antioxidants collaborated with International Flavors & Fragrances, Inc., an American corporation that produces flavors, fragrances, and cosmetic actives to enhance their food additive business. Furthermore, in May 2021, Robertet, a France-based fragrance, and flavor manufacturer that specializes in natural raw materials acquired Ecom Food Industries, a Canada-based company that offers natural antioxidants. This acquisition combines both firms' capabilities and enables them to better serve the customers with all-natural, botanically sourced ingredients and value-added products.
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The Natural Antioxidants market is segmented -
• By Product: Vitamin E, Vitamin C, Carotenoids, Polyphenols
• By Source: Plant, Petroleum
• By Form: Dry, Liquid
• By Application: Personal Care, Food And Beverages, Animal Feed, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa Asia-Pacific was the largest region in the Natural Antioxidants market.
The Business Research Company's "Global Natural Antioxidants Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Natural Antioxidants Market Include:
1. Executive Summary
2. Natural Antioxidants Market Characteristics
3. Natural Antioxidants Market Trends And Strategies
4. Natural Antioxidants Market - Macro Economic Scenario
5. Natural Antioxidants Market Size And Growth
……
26. Africa Natural Antioxidants Market
27. Natural Antioxidants Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Natural Antioxidants Market
29. Natural Antioxidants Market Future Outlook and Potential Analysis
30. Appendix
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