Press release
Antioxidants Market to See Huge Growth in 2024 - 2031 | Aland (Jiangsu) Nutraceutical Co., Ltd.
Antioxidants Market
The global antioxidants market is projected to reach around US$ 4,556.4 million by the end of 2027, in terms of revenue, growing at CAGR of 5.6% during the forecast period (2020-2027).
Market Dynamics:
The antioxidants market is expected to witness robust growth over the forecast period owing to increasing demand from food and beverage industry. The rapidly growing food processing industry especially in developing regions is utilizing various antioxidants such as butylated hydroxyanisole (BHA), butylated hydroxytoluene (BHT), and tert-butylhydroquinone (TBHQ) to increase the shelf life of food products. Furthermore, increasing health consciousness and adoption of preventive healthcare are positively impacting the demand for dietary supplements and functional foods with antioxidant properties. Changing consumer preferences towards natural and clean label products is also driving the demand for natural antioxidants such as vitamin C and E. However, stringent regulatory framework regarding antioxidant food additives and their health impact may hamper the growth of the market.
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Rising Demand from Food and Beverage Industry is Major Market Driver
The global antioxidants market is driven by increasing demand from food and beverage industry. Antioxidants are extensively used as preservatives in food and beverage products to enhance shelf life by preventing oxidation. Growing consumption of packaged, preserved and processed food owing to busy lifestyle and urbanization is fueling the demand for antioxidants from this industry. Moreover, rising health consciousness among consumers has increased demand for natural antioxidants in food products which is another key factor propelling the antioxidants market growth. Food and beverage manufacturers are incorporating more antioxidants in their products to gain competitive advantage by marketing health benefits.
Growing Awareness about Health Benefits Offers Market Opportunity
The growing consumer awareness about various health benefits of antioxidants has opened lucrative opportunities for market participants. Increasing incidence of lifestyle diseases along with rising health consciousness has boosted the demand for antioxidant fortified food products and dietary supplements. Consumers are more inclined towards natural options and willing to pay premium for healthy products containing antioxidants. Food and supplement companies are leveraging this trend by launching innovative formulations enriched with antioxidants sourced from fruits, vegetables, spices and herbs. The opportunities are further augmented by expanding applications as functional ingredients in skin care, hair care and cosmetic items. Functional beauty products with antioxidant properties are gaining widespread popularity.
Rising Demand for Natural Antioxidants is Key Market Trend
One of the important trends gaining momentum in antioxidants market is the rising preference and subsequent demand for natural antioxidants over synthetic varieties. With heightened health awareness and wellness trends, consumers are increasingly demanding clean label and organic products containing natural additives and ingredients. This has prompted manufacturers to replace artificial antioxidants with safe and sustainable natural alternatives in their products. Key natural antioxidants in demand include vitamins A, C & E, carotenoids, polyphenols, flavonoids and other plant extracts. Their anti-aging, anti-inflammatory properties further augment the demand. Innovation and new product development focused on utilizing natural antioxidants obtained from diverse sources including fruits, vegetables, spices is a growing trend in the market.
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Top Companies Featured in This Report:
★ Aland (Jiangsu) Nutraceutical Co., Ltd.,
★ Archer-Daniels-Midland Company
★ BASF S.E
★ Cargill
★ Incorporated
★ DuPont
★ Kalsec Inc.
★ Kemin Industries Inc.
★ Koninklijke DSM N.V
★ Naturex S.A.
★ Nutreco N.V.
Market Segmentation:
By Product Type:
★ By Product Type: Natural Antioxidants and Synthetic Antioxidants
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Trends in Navigation Keyword Market:
Market Growth: Expect significant expansion in the navigation keyword market, with a projected Compound Annual Growth Rate (CAGR) of 14.65% from 2024 to 2031.
Increasing Demand: Notice a surge in demand for navigation keywords due to the widespread adoption of GPS-enabled devices and the need for precise mapping data.
Technological Innovations: Witness innovative breakthroughs enhancing the accuracy and reliability of navigation keywords, such as real-time traffic updates, 3D mapping, and augmented reality.
Tailored Solutions: Explore industry-specific navigation keyword solutions designed to meet the unique needs of automotive, aviation, and maritime sectors.
Integration with Advanced Technologies: Embrace the integration of navigation keywords with cutting-edge technologies like artificial intelligence and the Internet of Things, unlocking advanced functionalities.
Mobile Applications: Embrace the convenience and accessibility of navigation keywords through mobile applications, catering to the evolving needs of consumers.
Environmental Sustainability: Embrace environmentally conscious navigation keyword solutions that address issues like traffic congestion and air quality, promoting sustainable transportation options.
Report Highlights:
📈 Examination of navigation keyword market share at both country and regional levels
📈 Thorough analysis of the competitive landscape and emerging trends
📈 Detailed review of product advancements, technological developments, drivers, and limitations
📈 Strategic recommendations tailored for key business segments based on market insights
📈 Valuable guidance for newcomers venturing into the navigation keyword market
Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/3997
Author Bio:
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
(LinkedIn: https://www.linkedin.com/in/alice-mutum-3b247b137 )
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