+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2015-02-27Number of Pages: 92

Antioxidants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

In terms of revenue, the antioxidants market was valued at USD 2,243.8 million in 2014 and is estimated to reach USD 3,111.5 million by 2020, expanding at a CAGR of 5.6% over the forecast period. In terms of volume, the antioxidants market was valued at 75.5 thousand tons in 2014 and is estimated to reach 103.3 thousand tons by 2020, expanding at a CAGR of 5.3% over the forecast period.

An antioxidant can be defined as a substance that prolongs the shelf life of food products by protecting them against deterioration caused by oxidation, such as fat rancidity and color changes. These substances are also called shelf-life extenders. Antioxidants are used as food, cosmetics and animal feed additives for various purposes such as to prevent damage to cells, and to reduce singlet oxygen.

There are two kinds of antioxidants- synthetic and natural. Both of these types are used in the feed industry. Antioxidants which are man-made, used to stabilize oil, fat and lipid-containing feed, and are mostly phenolic, are known as synthetic antioxidants. These phenolic derivatives contain more than one methoxy or hydroxyl groups. Ethoxyquin is the only heterocyclic and Nitrogen (N)– containing compound and is allowed for use in animal feeds. Natural antioxidants are those that exist naturally in food and feed ingredients. Natural antioxidants such as vitamin E, C and carotenoids help to reduce the risk of heart disease and cancer by inhibiting free radicals formation. In addition, natural antioxidants are used in cosmetics such as in anti aging products.

By technology, the antioxidants market is segmented into five categories: ultrasonic testing, radiography testing, electromagnetic testing, visual testing, and others (including magnetic particle testing and liquid penetrant testing). Based on end use industry, the antioxidants market has been segmented into power generation industry, oil & gas industry, aerospace and defense industry, automotive industry, and others (including plastic and polymer, and medical). Factors such as stringent government safety regulations for quality control, increasing demand to improve quality and longevity of the machines, and to ensure safety and reliable performance of the machines are driving the industrial controls market globally.

The global economic slowdown had very less impact on the global meat market and the market growth for feed additives will continue to improve in the forecast period. However, changing eating patterns are affecting the market growth regionally, due to changing diet patterns, urbanization, population and economic growth. The rising population is boosting the growth of the meat market worldwide. The above table depicts the population trends in the world‘s largest and fastest growing economies, where the demand for feed products is expected to rise rapidly with rise in the population. Due to the growing life expectancy and a robust agriculture sector, the demand for feed antioxidants in the global meat industry is expected to grow in the forecast period. India and Brazil are amongst the world‘s fast growing economies, with continuous increase in the per capita income. This may cause a standard shift changing dietary preferences. However, meat consumption patterns are expected to vary in different parts of the world due to cultural, religious and other consumer preference factors. Owing to these factors, the growing demand for feed antioxidants is expected to influence the growth of the overall antioxidants market.

Antioxidants are used in food products to preserve nutrients, flavor and freshness thereby preventing food wastage and extend overall shelf life. In many situations, two or more antioxidants are used in food products to enhance food quality protection. Commercial products are made with preservatives to preserve freshness for a longer time and keep them free from bacteria. Antioxidants help to prevent oxidation of food containing fat or oil from going rancid. It prevents the browning of vegetables, cut fruit and fruit juices and increases their shelf life. For example, vitamin C, which is also known as ascorbic acid helps to recycle vitamin E. Ascorbates such as vitamin C, helps to remove oxygen through self oxidation process.

Key players have been profiled with attributes such as company details, financial overview, key developments, historical roadmap, and strategy and future roadmap in the field of antioxidants. Key players in the antioxidants market include ADM, Aland (Jiangsu) Nutraceutical Co., Ltd, Kemin Industries, BASF, DuPont, Kalsec Inc., Cargill Incorporated, Koninklijke DSM N.V., Vitablend Nederland B.V.Naturex S.A and Nutreco N.V. among others.

antioxidants-2016-market

 

 

Chapter 1 Preface

1.1 Report description

1.2 Research segmentation

1.3 Research scope

1.4 Research methodology

 

Chapter 2 Executive Summary

 

Chapter 3 Market Overview

3.1 Introduction

3.2 Market Dynamics

      3.2.1 Market Drivers

      3.2.2 Impact analysis of market restraints

      3.2.3 Opportunities

3.3 Antioxidants Market – Porter’s five force analysis

3.4 Value chain analysis

3.5 Global Antioxidants Market: Market Attractiveness Analysis by Geography, 2013

3.6 Asia Pacific company market share analysis of key players and suppliers, (2013, % share)

3.7 Antioxidants used in finished products, by region/country

 

Chapter 4 Antioxidants Market – Product Analysis, 2013 – 2020

4.1 Introduction

4.2 Natural Antioxidants

      4.2.1 Natural antioxidants market size, volume and forecast, 2013 – 2020 (USD Million/Thousand Tons)

4.3 Synthetic Antioxidants

      4.3.1 Synthetic antioxidants market size, volume and forecast, 2013 – 2020 (USD Million/Thousand Tons)

 

Chapter 5 Global Antioxidants Market Analysis and Forecast, by Geography

5.1 Introduction

5.2 North America

      5.2.1 North America antioxidants market size, volume and forecast, 2013 – 2020 (USD million/Thousand Tons)

5.3 Europe

      5.3.1 Europe antioxidants market size, volume and forecast, 2013 – 2020 (USD million and Thousand Tons)

5.4 Asia Pacific

      5.4.1 Asia Pacific antioxidants market size and forecast, 2013 – 2020 (USD million)

5.5 Rest of the World (RoW)

      5.5.1 Rest of the World antioxidants market size and forecast, 2013 – 2020 (USD million/ Thousand Tons)

 

Chapter 6 Company Profiles

6.1 Aland (Jiangsu) Nutraceutical Co., Ltd.

      6.1.1 Company overview

      6.1.2 Financial overview

      6.1.3 Business strategy

      6.1.4 Recent developments

6.2 Archer-Daniels-Midland Company

      6.2.1 Company overview

      6.2.2 Financial overview

      6.2.3 Business strategy

      6.2.4 Recent developments

6.3 BASF S.E

      6.3.1 Company overview

      6.3.2 Financial overview

      6.3.3 Business strategy

      6.3.4 Recent developments

6.4 Cargill, Incorporated

      6.4.1 Company overview

      6.4.2 Financial overview

      6.4.3 Business strategy

      6.4.4 Recent developments

6.5 DuPont

      6.5.1 Company overview

      6.5.2 Financial overview

      6.5.3 Business strategy

      6.5.4 Recent developments

6.6 Kalsec, Inc.

      6.6.1 Company overview

      6.6.2 Financial overview

      6.6.3 Business strategy

      6.6.4 Recent developments

6.7 Kemin Industries, Inc.

      6.7.1 Company overview

      6.7.2 Financial overview

      6.7.3 Business strategy

      6.7.4 Recent developments

6.8 Koninklijke DSM N.V.

      6.8.1 Company overview

      6.8.2 Financial overview

      6.8.3 Business strategy

      6.8.4 Recent developments

6.9 Naturex S.A.

      6.9.1 Company overview

      6.9.2 Financial overview

      6.9.3 Business strategy

      6.9.4 Recent developments

6.10 Nutreco N.V.

      6.10.1 Company overview

      6.10.2 Financial overview

      6.10.3 Business strategy

      6.10.4 Recent developments

6.11 Vitablend Nederland B.V.

      6.11.1 Company overview

      6.11.2 Financial overview

      6.11.3 Business strategy

      6.11.4 Recent developments

List of Figures 

 

FIG. 1 Market segmentation: Global antioxidants market

FIG. 2 Porter’s five forces analysis for antioxidants market

FIG. 3 Value chain analysis

FIG. 4 Market attractiveness analysis, by geography, 2013

FIG. 5 Global antioxidants market share and forecast, by products type, 2013 vs. 2020 (Revenue %)

FIG. 6 Natural antioxidants market size, volume and forecast, 2013 – 2020 (USD Million/Thousand Tons)

FIG. 7 Market share of Synthetic Antioxidants, 2013 - 2020 (Value in USD Million)

FIG. 8 Global Antioxidants market share and forecast, by geography, 2013 vs. 2020 (value %)

FIG. 9 North America antioxidants market size, and forecast, 2013 – 2020 (USD million and Thousand Tons)

FIG. 10 Europe antioxidants market size, volume and forecast, 2013 – 2020 (USD million and Thousand Tons)

FIG. 11 Asia Pacific antioxidants market size and forecast, 2013 – 2020 (USD million)

FIG. 12 Rest of the World antioxidants market size and forecast, 2013 – 2020 (USD million/ Thousand Tons)

FIG. 13 Archer-Daniels-Midland Company Annual Revenue, 2011 – 2013 (USD Billion)

FIG. 14 BASF SE Annual Revenue, 2011 – 2013 (USD Billion)

FIG. 15 Cargill, Incorporated Annual Revenue, 2011 – 2013 (USD Million)

FIG. 16 DuPont Annual Revenue, 2011 – 2013 (USD Billion)

FIG. 17 Koninklijke DSM N.V. Annual Revenue, 2011 – 2013 (USD Billion)

FIG. 18 Naturex S.A. Annual Revenue, 2011 – 2013 (USD Million)

FIG. 19 Nutreco N.V. Annual Revenue, 2011 – 2013 (USD Billion)

List of Tables

 

TABLE 1 Global Antioxidants Market Snapshot

TABLE 2 Antioxidants market size and forecast by type, 2013 – 2020 (USD million)

TABLE 3 Antioxidants market size and forecast by type, 2013 – 2020 (Thousand tons)

TABLE 4 Australia Antioxidants Company Share, 2013 (%)

TABLE 5 China Antioxidants Company Share, 2013 (%)

TABLE 6 Indonesia Antioxidants Company Share, 2013 (%)

TABLE 7 South Korea Antioxidants Company Share, 2013 (%)

TABLE 8 Taiwan Antioxidants Company Share, 2013 (%)

TABLE 9 Thailand Antioxidants Company Share, 2013 (%)

TABLE 10 Popular antioxidant usage by country/region

TABLE 11 Global natural antioxidants market size and forecast, by products, 2013 – 2020 (USD Million)

TABLE 12 Global natural antioxidants market size and forecast, by products, 2013 – 2020 (Thousand Tons)

TABLE 13 Global synthetic antioxidants market size and forecast, by products, 2013 – 2020 (USD Million)

TABLE 14 Global synthetic antioxidants market size and forecast, by products, 2013 – 2020 (Thousand Tons)

TABLE 15 North America natural antioxidants market size and forecast, by product type, 2013 – 2020 (USD million)

TABLE 16 North America natural antioxidants volume and forecast, by product type, 2013 – 2020 (Thousand Tons)

TABLE 17 North America synthetic antioxidants market size and forecast, by product type, 2013 – 2020 (USD million)

TABLE 18 North America synthetic antioxidants volume and forecast, by product type, 2013 – 2020 (Thousand Tons)

TABLE 19 Europe natural antioxidants market size and forecast, by product type, 2013 – 2020 (USD million)

TABLE 20 Europe natural antioxidants market volume and forecast, by product type, 2013 – 2020 (Thousand Tons)

TABLE 21 Europe synthetic antioxidants market size and forecast, by product type, 2013 – 2020 (USD million)

TABLE 22 Europe synthetic antioxidants market volume and forecast, by product type, 2013 – 2020 ( Thousand Tons)

TABLE 23 Asia Pacific natural antioxidants market size and forecast, by product type, 2013 – 2020 (USD million)

TABLE 24 Asia Pacific natural antioxidants market size and forecast, by product type, 2013 – 2020 (Thousand Tons)

TABLE 25 Asia Pacific synthetic antioxidants market size and forecast, by product type, 2013 – 2020 (USD million)

TABLE 26 Asia Pacific synthetic antioxidants market size and forecast, by product type, 2013 – 2020 (Thousand Tons)

TABLE 27 Asia Pacific antioxidants market size and forecast, by country, 2013 – 2020 (USD million)

TABLE 28 Asia Pacific antioxidants market size and forecast, by country, 2013 – 2020 (Thousand Tons)

TABLE 29 Rest of the World natural antioxidants market size and forecast, by product type, 2013 – 2020 (USD million)

TABLE 30 Rest of the world natural antioxidants market size and forecast, by product type, 2013 – 2020 (Thousand Tons)

TABLE 31 Rest of the world synthetic antioxidants market size and forecast, by product type, 2013 – 2020 (USD million)

TABLE 32 Rest of the world synthetic antioxidants market size and forecast, by product type, 2013 – 2020 (Thousand Tons)

Global Antioxidants Market: Overview 

With the increasing meat consumption worldwide, the demand for antioxidants is expected to rise as well. Antioxidants are deemed necessary to prolong the shelf-life of packed foods or other food products by protecting them against oxidation such as color changes and fat rancidity. Due to the rising application of antioxidants in foods, cosmetics, and animal feed additives, Transparency Market Research (TMR) predicts strong growth for the global antioxidants market.

Currently two most common types of antioxidants available in the market are synthetic and natural. For the purpose of the study, the global antioxidants market is also segmented in terms of technology, end use, and geography, besides the aforementioned product type.

The report provides a granular analysis of the various factors promoting or hindering the market’s growth between 2014 and 2020. Besides this, the regulatory policies that have been encouraging the uptake of antioxidants across diverse applications, have been analyzed as well. The report provides an executive-level blueprint of the vendor landscape in the market. For the purpose of which it also profiles the leading companies operating therein.

Global Antioxidants Market: Trends and Opportunities

Besides the increasing meat consumption, the global antioxidants market is significantly gaining from the rising demand for anti-aging products. With people around the world becoming more concerned towards ensuring the longevity of their youth and beauty, the market for products promising to reverse the signs of aging is expected to grow, thus providing impetus to the global antioxidants market.

TMR forecasts the global antioxidants market to exhibit a CAGR of 5.6% between 2014 and 2020 to reach US$3.1 bn by the end of 2020. With age, skin tends to start losing its defense against weather and pollution. This often leads to the appearance of wrinkles and other signs of aging. As premature aging becomes a concern of paramount important among young adults, TMR forecasts the demand for antiaging products to increase, thus propelling the growth of the antioxidants market in response. Antioxidants are proven remedies for skin aging. They protect the cell membranes and reduce the formation of radicals.

The global economic slowdown had little impact on the antioxidants market. This implied sustainable growth for the feed additives market during the forecast period. However, the paradigm shift in eating patterns among consumers could affect the market’s growth across certain regions. Nevertheless, with the rising population meat consumption is also expected to increase around the world, thus creating opportunities for the global antioxidants markets growth in the near future.

Global Antioxidants Market: Regional Outlook

Regionally, the global market has been segmented into Asia Pacific, Europe, North America, and Rest of the World. The market is at present witnessing robust growth in Asia Pacific, followed by Europe and North America. The increasing concerns pertaining to health problems and the rising demand for healthier diet have been creating lucrative opportunities for enterprises in the antioxidants market in Asia Pacific.

Companies Mentioned in the Report

To study the vendor landscape of the market, the report has profiled companies such as BASF, ADM, Kemin Industries, Koninklijke DSM N.V., Aland (Jiangsu) Nutraceutical Co., Ltd, Kalsec Inc., DuPont, Cargill Incorporated, and others. Their recent developments and historical roadmap have been studied in the report in detail.

The global antioxidants market is segmented as:

By Type

  • Natural Antioxidants
    • Rosemary Extracts
    • Vitamin A
    • Vitamin C
    • Vitamin E
  • Synthetic Antioxidants
    • Butylated hydroxyanisole (BHA)
    • Butylated hydroxytoluene (BHT)
    • Others

By Technology:

  • Ultrasonic testing
  • Radiography testing
  • Visual testing
  • Electromagnetic testing
  • Others (including magnetic particle testing, and liquid penetrant testing)

By geography

  • North America
  • Europe
  • Asia Pacific
    • Australia
    • China
    • Indonesia
    • South Korea
    • Taiwan
    • Thailand
  • Rest of the World

This report gives you access to decisive data such as:

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments


 
 
Back To Top