Increasing Demand for Anti-Aging Products to Boost Consumption of Antioxidants
At the regional level, the Asia Pacific market is taking the lead due to the collaborations that the leading companies are taking up with the local manufacturers in this region. In the Asia Pacific region, China is one of the major markets and Kemin Industries Inc. is leading with a company share of 10.2% in the market. It is followed by Kalsec and ADM. These top three companies hold a cumulative share of 17.9% of the total market share in China.
Browse Research Report With Complete TOC @ https://www.transparencymarketresearch.com/antioxidants-market.html
The antioxidants market in the global level is extremely cost sensitive. Hence, the manufacturing companies’ need to turn up with new innovations. The key players in the market are coming up with new plans to increase their revenue share in the market. For instance, Aland Nutraceutical Co. made collaborations with other companies in the industry to manufacture minerals, supplements and vitamins and also generate revenue. The level of competition is more intense in the regional level than in the global market as only few international players dominate the global market. This kind of investment and collaboration with local raw material dealers as well as other companies is expected to bolster the growth of the antioxidants market in the global as well as regional level.
In order to maintain their stand in the global anti-oxidants market, companies will have to ease their pricing policies and branding techniques, states TMR. The high cost of raw materials is intensely affecting the market profitability of anti-oxidants companies. Also, regulatory policies by regional and national governing bodies, which have banned specific antioxidants to be sold and used in the market, will limit the overall expansion of the global anti-oxidants in certain regions. The growth of the market depends on how focused the suppliers are on cost reduction as there can be a significant threat of backward integration from buyers.
The increasing demand for anti-aging products across the globe is largely accredited to the growth of the anti-oxidants market. Vitamin C and glutathione are the most used antioxidants as they protect the cytoplasm of cells and are used in most of the anti-aging products. . Other antioxidants include uric acid, vitamin E, vitamin A and beta carotene. The antioxidants found in cosmetics are alpha tocopherol acetate and tocopherl. They help in the increasing the content of vitamin E in the skin.
Global demand for anti-aging products has witnessed a huge rise in the past few years owing to the rapid rise in the world’s aging population. The rising population of elderly people, combined with the rise in disposable incomes, especially in developing regions, is expected to boost sales of anti-aging products over the period between 2014 and 2020. If these factors exist persistently, the antioxidants market will witness favorable expansion in the next few years.
Some of the major challenges faced by the global antioxidants market include lack of awareness among consumers about the several benefits of these elements, negative statements by experts regarding the potential side effects of antioxidants, and strict government rules for the circulation and use of the products having antioxidants. Negative comments by expert organizations, such as the claim by American Heart Association in 2008 that antioxidants are ineffective in protecting the heart’s health, are considered to be a hindrance in the global sales of antioxidants.
Apart from these, the government policies for safer use of antioxidant will also hamper the growth of this market in the next few years. Rigid test policies set up by the governments are expected to slow down the circulation of the antioxidants in certain regional markets. These factors together are expected to hamper the market growth of antioxidants in the next few years. North America is going to be a challenge for the manufacturers of anti-oxidants as the regulatory policies there are rigid in terms of the verification of the antioxidants.
Request a PDF Brochure with Research Report Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=760
The leading regions in the global antioxidants market are reported to be Asia-Pacific and North America, as they lead in the numbers with growing life expectancy, strong agricultural background and increase in per capita income. The growing demand for dietary and health supplements, and rise in the demand for packaged foods is expected to contribute to the elevated demand for antioxidants in the Asia-Pacific in the next few years. Asia Pacific held a leading share of 39.90% in the global antioxidants market in 2014.
In revenue terms, the global market of antioxidants is reported to rise at a CAGR of 5.6% in the forecast period of 2014-2020. It is expected to reach US$3,111.5 million by 2020, as reported by TMR.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Increasing Demand for Anti-Aging Products to Boost Consumption of Antioxidants here
News-ID: 925737 • Views: 106
More Releases from Transparency Market Research
Wind Turbine Operations and Maintenance Market Demand and Growth Analysis with F …
Overview TMR’s report on the Wind Turbine Operations and Maintenance Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Wind Turbine Operations and Maintenance Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Wind
Petroleum Coke Market Shares, Strategies and Opportunities 2020
Overview TMR’s report on the Petroleum Coke Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Petroleum Coke Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Petroleum Coke Market over the forecast period.
Bunker Fuel Market Segmentation and Forecast Analysis up to 2020
Overview TMR’s report on the Bunker Fuel Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Bunker Fuel Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Bunker Fuel Market over the forecast period.
Concentrated Solar Power Market Detailed Analysis and Forecast up to 2020
Overview TMR’s report on the Concentrated Solar Power Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Concentrated Solar Power Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Concentrated Solar Power Market over
More Releases for TMR
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
TMR - 3D Printing Materials Market by 2020
The global 3D printing materials market will exhibit a CAGR of 18.0% between 2014 and 2020. The market was valued at US$450 mn in 2013 and is expected to reach US$1.4 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “3D Printing Materials - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” is available for sale
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the