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Global Natural Antioxidants Market: High Demand from Cosmetics and Animal Feed Industries to Boost Demand, says TMR
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The study details the plans and strategies undertaken by manufacturers for their growth and sustainability in the competitive market. It also includes the investment by key players in emerging markets and new product launches. Company profiles are included at the end of the report and cover company overview, their products and segments, financial performance, and their latest strategic developments.
The global natural antioxidants market is estimated to grow at a significant pace owing to a growth in the food and beverages, pharmaceuticals, cosmetics, and animal feed industries. The high demand for fortified food and beverages due to a shift towards healthy living is expected to drive the global natural antioxidants market. Since natural antioxidants include vitamin E, vitamin C, and polyphenols, they are beneficial for skin, thereby in high demand from the cosmetics industry.
The consumption of dairy and meat products has risen significantly over the last few years on a global scale and this has created a need for animal feed, which in turn is proving beneficial for the natural antioxidants market. A rise in the demand for functional foods and beverages is another reason likely to fuel the growth of the market. On the other hand, the abundant availability of synthetic antioxidants poses a threat to the demand for natural antioxidants. However, the increasing demand for natural antioxidants in niche applications is expected to open new opportunities for the market in the coming years.
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The global natural antioxidants market can be segmented on the basis of product into vitamin C, vitamin E, carotenoids, and polyphenols. By application, the market is segmented into meat and poultry, snack foods, baked goods, fish and sea food, and oil, fat, and margarine. On the basis of geography, the report segments the global natural antioxidants market into Europe, Asia Pacific, North America, and the Rest of the World. Of these, North America and Europe are leading in the market but Asia Pacific is expected to give these two regions tough competition, says a TMR analyst.
Key players profiled in the report include Basf SE, Danisco A/S, AB Vista,Novozymes A/S, DSM Adisseo France SAS, and HR. Hansen.
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