A new research report published by Transparency Market Research states that the global antioxidants market is likely to witness a positive trend in the coming years. The report, titled “Antioxidants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, includes a comprehensive overview of the market that has been put together using primary and secondary data. The upward swing in the global antioxidants market will be due to the increasing demand for food, personal care products, and medicines with enhanced shelf life.
Browse the full Antioxidants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at https://www.transparencymarketresearch.com/antioxidants-market.html
According to the research report, the global antioxidants market was valued at US$2.1 bn in 2013 and is expected to reach US$3.1 bn in 2020, growing at a CAGR of 5.60% from 2014 to 2020. The steady growth of the global antioxidants market is attributable to the ability of antioxidants to improve the shelf life of food items. Owing to this reason, antioxidants are used on a large scale in feed additives, the healthcare industry, the cosmetics industry, and in the food and beverages sector.
According to the statistics, the synthetic antioxidants segment held a significant market share in the global antioxidants market as of 2013. The low manufacturing cost of synthetic antioxidants and their easy availability are the two important factors supporting the growth of this segment. On the other hand, the natural antioxidants segment will also witness slow and steady growth due to their expensive nature. However, the increasing consumer interest in natural ingredients and green food will keep their demand up for the coming few years. The natural antioxidants market will also find support in the high demand for nutritional and wellness products that are made of natural ingredients. In conclusion, the synthetic antioxidants segment will showcase growth at a high rate and will move ahead from US$1.4 bn in 2013 to a higher value due to its unbeatable advantages.
In terms of regions, Asia Pacific held the dominating position in the global antioxidants market as of 2013 with a share of 31.8% in the overall market. This region was followed by North America, which held a share of 27.4% in the same period. According to analysts, Asia Pacific will emerge as a significant contributor in the global antioxidants market by the end of 2020.
The global antioxidants market is segmented on the basis of type and geography. Antioxidants in the market are broadly divided into natural antioxidants and synthetic antioxidants. The natural antioxidants in the market are vitamin A, vitamin C, vitamin E, and rosemary extracts. On the other hand, synthetic antioxidants are segmented into butylated hydroxyanisole (BHA), butylated hydroxytoluene (BHT), and others. Geographically, this market is segmented into North America, Asia Pacific, Europe, and Rest of the World.
Some of the important players profiled in the global antioxidants market are BASF, ADM, Kemin Industries, and Ajinomoto. The report offers a complete explanation of the competitive landscape by drawing a comparison of the financial overview, investment outlook, research and development activities, product portfolio, and management styles of these companies.
The global antioxidants market is segmented in the following ways:
Antioxidants Market: By geography
- North America
- Asia Pacific
- South Korea
- Rest of the World
Antioxidants Market: By Type
- Natural Antioxidants
- Rosemary Extracts
- Vitamin A
- Vitamin C
- Vitamin E
- Synthetic Antioxidants
- Butylated hydroxyanisole (BHA)
- Butylated hydroxytoluene (BHT)
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.
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