Antioxidants Market Size, Share, Future Growth, 2032 | BASF SE, ICC Industries Inc., Kalsec Inc.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The global antioxidants market is set to gain impetus from the high demand for anti-aging products from consumers. Hence, several cosmetics manufacturers are using the additive in their in-house products. In April 2021, for instance, Cosphatec GmbH launched Cosphaderm Tapmix, a sustainable and unique antioxidant blend. It was developed by keeping in mind the natural cosmetics standards. It can protect the membrane lipids and prevent oxidation. This information is given by Fortune Business Insights™ in a report, titled, "Antioxidants Market,2024 - 2032." As per the report, The global antioxidants market size was USD 4.59 billion in 2023 and is expected to grow from USD 4.84 billion in 2024 to USD 7.64 billion by 2032 at a CAGR of 5.87% over the forecast period.

𝐆𝐞𝐭 𝐀 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐃𝐅: https://www.fortunebusinessinsights.com/enquiry/sample/food-antioxidants-market-100789

𝐀 𝐥𝐢𝐬𝐭 𝐨𝐟 𝐫𝐞𝐧𝐨𝐰𝐧𝐞𝐝 𝐯𝐞𝐧𝐝𝐨𝐫𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭:
• BASF SE (Ludwigshafen, Germany)
• ICC Industries Inc. (United States)
• Kemin Industries Inc. (Iowa, United States)
• Archer Daniels Midland Company (Illinois, United States)
• Barentz International BV (Hoofddorp, Netherlands)
• Kalsec Inc. (Michigan, United States)
• Eastman Chemical Company (Tennessee, United States)
• Camlin Fine Sciences Ltd. (Maharashtra, India)
• Koninklijke DSM N.V. (Heerlen, Netherlands)
• Givaudan (Vernier, Switzerland)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬:
𝐒𝐲𝐧𝐭𝐡𝐞𝐭𝐢𝐜 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐑𝐞𝐦𝐚𝐢𝐧 𝐚𝐭 𝐅𝐨𝐫𝐞𝐟𝐫𝐨𝐧𝐭 𝐁𝐚𝐜𝐤𝐞𝐝 𝐛𝐲 𝐔𝐬𝐚𝐠𝐞 𝐢𝐧 𝐅𝐨𝐨𝐝 𝐚𝐧𝐝 𝐅𝐞𝐞𝐝 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬
By type, the market is bifurcated into natural and synthetic. Amongst these, the synthetic segment generated the largest antioxidants market share in 2020. This growth is attributable to its affordability and wide availability. Besides, it is majorly used in fuel, feed, and food industries.

𝐆𝐞𝐭 𝐚 𝐐𝐮𝐨𝐭𝐞: https://www.fortunebusinessinsights.com/enquiry/get-a-quote/food-antioxidants-market-100789

𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:
We follow a unique research methodology that contains data triangulation based on bottom-up and top-down approaches. We conduct primary research to validate the upcoming market numbers. The information utilized to project the forecast for numerous segments is collected by conducting interviews with leading stakeholders. The report of this industry includes minute details, such as opportunities, drivers, challenges, and dynamics of the market.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 & 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬:
𝐇𝐢𝐠𝐡 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐏𝐫𝐨𝐭𝐞𝐢𝐧-𝐫𝐢𝐜𝐡 𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐅𝐨𝐨𝐝𝐬 𝐭𝐨 𝐀𝐮𝐠𝐦𝐞𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
The rising awareness among people regarding the benefits of antioxidants for preventing chronic ailments, such as diabetes would aid growth. Also, consumption and demand for processed foods is surging nowadays because of the fast-paced lifestyle of people and the rising working population. These additives can extend the shelf life and prevent oxidation of such food items. The United States Bureau of Labor Statistics, for instance, declared that the U.S. experienced a surge of 64.9% of the working population in 2019 from 64.4% in 2018. These factors are set to propel the antioxidants market growth in the upcoming years. At the same time, protein-rich functional foods are also showcasing high demand. However, the contents of food additives and preservatives are strictly monitored by governments to prevent allergic reactions and digestive disorders. It may obstruct demand.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐏𝐨𝐩𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐇𝐢𝐠𝐡 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐅𝐮𝐞𝐥 𝐭𝐨 𝐇𝐞𝐥𝐩 𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐆𝐫𝐨𝐰
Regionally, in 2020, Asia Pacific procured USD 1.71 billion in terms of revenue. It is considered to be one of the largest consumers of fuel. The high demand for fuel from numerous end-use industries and rising population would aid growth. BP International Limited, for instance, stated that in 2018, the total oil consumption of the region was 1,651.3 million tons. On the other hand, North America is anticipated to show considerable growth on account of the expansion of the aerospace and defense sector, as well as the well-established food industry.

𝐀𝐬𝐤 𝐅𝐨𝐫 𝐓𝐡𝐞 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/food-antioxidants-market-100789

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐢𝐧𝐠 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐭𝐨 𝐂𝐨𝐦𝐩𝐞𝐭𝐞 𝐰𝐢𝐭𝐡 𝐓𝐡𝐞𝐢𝐫 𝐑𝐢𝐯𝐚𝐥𝐬
The global market houses a large number of local and international companies that are presently striving to gain a competitive edge. To do so, they are constantly launching new products to cater to the high consumer demand.

𝐁𝐞𝐥𝐨𝐰 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐭𝐰𝐨 𝐯𝐢𝐭𝐚𝐥 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:
𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟒: OZiva, an Indian clean-label and plant-based wellness brand, introduced its OZiva Bioactive Gluta Fizzy, an antioxidant formulated for skin care and to control skin cell damage.

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This release was published on openPR.