Natural Antioxidants Market | Industry Growth, Trends and Forecast Upto 2022
Global natural antioxidants market is expected to reach
USD 4.14 billion by 2022, according to a new study by Grand View Research, Inc.
Rising demand for organic personal care products is anticipated to augment
natural antioxidants market demand owing to their benefits to skin and hair. In
addition, increasing consumer awareness regarding the benefits of fortified
food is expected to propel demand for natural antioxidants over the projected
period. Growing consumer awareness regarding the benefits of consumption of
natural antioxidants on health is likely to fuel market growth. Market growth
for vitamin E and vitamin C supplements is also supported by ease of
availability, expansion of the healthcare sector and low cost of these
ingredients.
Demand for
vitamin C was highest accounting for over 80% of the global demand in 2014 and
this trend is likely to continue over the forecast period. Extensive use of the
product in pharmaceuticals coupled with increasing demand for drugs owing to
high prevalence of cancer and cardiovascular diseases is expected to fuel
market growth. Over production of vitmin C is anticipated to hamper market
growth over the next seven years. Carotenoids are anticipated to be the fastest
growing segment within the global natural antioxidants market owing to its
increasing use in pharmaceuticals for coloration.
Full
Research Report On Global Natural Antioxidants Market Analysis:
www.grandviewresearch.com/industry-analysis/natural-antioxidants-market
www.grandviewresearch.com/industry-analysis/natural-antioxidants-market
Further
key findings from the report suggest:
- Asia Pacific was the
largest market for natural antioxidants accounting for over 35% of the
market volume share in 2014. In addition, it is expected to witness the
fastest growth over the next seven years on account of growing demand for
fortified food & beverages and pharmaceuticals. Presence of numerous
agriculture-based economies is anticipated to be another key driver for
natural antioxidants market growth in animal feed applications.
- China was the largest
producer as well as consumer of vitamin C in 2014. However, overproduction
of vitamin C has led to manufacturers cutting down their production
capacity as well as shutting down of facilities in Asia Pacific.
- Animal feed was the
largest application of vitamin E accounting for over 40% of the market
volume share in 2014. Growing demand for dairy products including milk and
yogurt as well as meat products in expected to augment animal feed market.
Growing demand for premium quality animal feed is expected to open new
opportunities for natural antioxidants market growth over the projected
period.
- Key players present in the
global natural antioxidants market include DuPont-Danisco, DSM, Ashland,
Archer Daniels Midland, Tianjin Jianfeng Natural Products Co. Ltd (JF
Naturals), Prinova, Indena S.P.A, AkzoNobel, Naturex and Ajinomoto
OmniChem Natural Specialties.
View more
reports of this category by Grand View Research at:
www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has segmented the global natural antioxidants market
on the basis of product and region:
Global
Natural Antioxidants Product Outlook (Volume, Tons; Revenue, USD Million, 2012
- 2022)
- Vitamin
C
- Vitamin
C market, by application
- Pharmaceutical
- Food
- Beverages
- Animal
feed
- Vitamin
E
- Vitamin
E market, by application
- Pharmaceutical
- Food
- Animal
feed
- Others
- Polyphenols
- Polyphenols
market, by application
- Functional
beverages
- Functional
food
- Dietary
supplements
- Others
- Carotenoids
- Carotenoids
market, by application
- Pharmaceutical
- Food
- Animal
feed
Global
Natural Antioxidants Application Outlook (Volume, Tons; Revenue, USD Million,
2012 - 2022)
- Pharmaceuticals
- Food
- Animal
feed
- Beverage
- Others
Global
Natural Antioxidants Regional Outlook (Volume, Tons; Revenue, USD Million, 2012
- 2022)
- North
America
- U.S.
- Europe
- Germany
- UK
- Latin
America
- Brazil
- Asia
Pacific
- China
- India
- MEA
View press
release of this research report by Grand View Research:
www.grandviewresearch.com/press-release/natural-antioxidants-market
www.grandviewresearch.com/press-release/natural-antioxidants-market
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more
information: www.grandviewresearch.com
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