Natural Antioxidants Market New Innovation and Projections for 2023-2032: Insights and Assessment
According to the research report, the global natural antioxidants market is valued at USD 1.02 billion in 2021 and is expected to reach USD 1.85 billion by 2030, to grow at a CAGR of 6.9% during the forecast period.
The report “Natural Antioxidants Market Share, Size, Trends, Industry Analysis Report, By Source; By Type (Vitamin C, Vitamin E, Rosemary Extract, Polyphenols, Carotenoids, Others), By Form; Application; By Region; Segment Forecast, 2022 – 2030” provides detailed insight into current market dynamics and analysis of future market growth.
Natural antioxidants are important ingredients that extend the shelf life of foods and are used in the pharmaceutical industry as vitamin supplements. Natural antioxidants provide many health benefits, including cancer prevention, and heart disease reduction, and are also utilized as anti-aging ingredients. The global natural antioxidants market is expected to grow over the projection period due to increasing investment, decreasing costs of antioxidants and acceptance of antioxidants by many administration bodies, and surging demand for natural antioxidants in the food and beverage sector are factors responsible for significant growth during the study period.
Growing health awareness of unhealthy lifestyle disorders such as obesity, diabetes, acne, wrinkles, hair fall, etc., and attempting to balance their nutritional habits by consuming the benefits of fortified food which enhance the demand for natural antioxidants. In addition, the universal burst in the aging citizen and growth in the acceptance of natural antioxidants in the cosmetics sector, packaged food, and sports nutrition are anticipatory to generate profuse opportunities in upcoming years.
The increasing demand for packaged food is credibly driving the natural antioxidants market over the study period. Packaged food/food packets need a specific amalgam to increase the expiry date of the edible product, as food starts decomposing and can simply be decayed by natural oxygen in a short span of time, packaged food is yet appraised an imperative in various sectors like tourism, shipping industry, remote places, army operation, natural disaster area, and others will improve the demand for natural antioxidants during the forecast period 2022 – 2030.
The Asia Pacific natural antioxidants markets are predicted to proffer lucrative growth opportunities during the forecast phase. An immense increase in pre-aging complications, fitness issues due to antioxidants deprivation among North American and European regions, and nutritional food safety context are prominent drivers for the antioxidants market growth. The U.S. and China are major contributors in revenue share, with China major producer of Ascorbic Acid.
Natural Antioxidants Market Report Highlights
- By Type, vitamin C held a significant revenue share in 2021 and its dominance continues over the forecast duration. Vitamin C is widely in the pharmaceutical industry coupled with a huge request for drugs due to the great prevalence of cardiovascular and cancer diseases anticipated to fuel market growth.
- The dry form fragment witnessed robust growth due to its properties of calorie and salt-free, and less cholesterol offers longer shelf life and is used in a variety of applications like pharmaceuticals, food & feed additive, personal care products, and others.
- Asia Pacific accounted for major share of the natural antioxidants market in 2021. Although, rising demand for fortified food & beverages and pharmaceuticals, and the existence of many agriculture-based merchandises are projected to be another major driver for the natural antioxidants market.
- The global natural antioxidants market is divided by the major market players with a global presence, including: Cargill, AkzoNobel NV, Prinova, BASF SE, Archer-Daniels-Midland, Adisseo, Royal DSM, and Others.
Polaris Market Research has segmented the natural antioxidants market report based on by type, source, form, application, and region:
Natural Antioxidants, Type Outlook (Revenue – USD Billion, 2022 – 2030)
- Vitamin C
- Vitamin E
- Rosemary Extract
Natural Antioxidants, Source Outlook (Revenue – USD Billion, 2022 – 2030)
Natural Antioxidants, Form Outlook (Revenue – USD Billion, 2022 – 2030)
Natural Antioxidants, Application Outlook (Revenue – USD Billion, 2022 – 2030)
- Dairy & Frozen Desserts
- Personal Care
- Food and Beverages
- Animal Feed
Download Complete Report @ https://www.polarismarketresearch.com/industry-analysis/global-natural-antioxidants-market
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,