Description
Global Antioxidants Market Research Report—Forecast till 2026
Market Overview
Global Antioxidants Market is anticipated to exhibit a CAGR of 5.3% to surpass USD 8,996.2 Million during the review period. Antioxidants are molecules that fight free radicals in your body. Natural antioxidants are found in fruits, vegetables, and other plant-based, whole food. Further, several vitamins, such as vitamins E and C, are also effective antioxidants. The major function of antioxidants is they protect cells from damage caused due to the formation of free radicals, which can cause heart disease, cancer, and skin-related diseases, among others.
Global Antioxidants Market is expected to register a notable growth rate during the forecast period. The wide application range of antioxidants, both natural and synthetic, is one of the major factors driving the growth of the global antioxidants market. The rising demand for convenience food is yet another determinant boosting the sales of antioxidants. The increasing adoption of natural antioxidants is expected to create profitable growth opportunities for the vendors operating in the global antioxidants market. Furthermore, the rising demand for products due to properties such as enhancing flavor, aroma, color, and hinder oxidation are anticipated to enhance the demand for the product in the food and beverage applications. However, the implementation of stringent government regulations for the application of additives, including antioxidants, in food items and beverages is hindering the growth of the global antioxidants market.
Market Segmentation
Global Antioxidants Market has been segmented based on type, form, and application. By type segment, the global market is bifurcated into synthetic and natural. The Synthetic segment has been further categorized into BHA, BHT, TBHQ, and Others. The Natural type has been sub-segmented into Vitamin E, Vitamin C, Carotenoids, Polyphenol, and Others.
In terms of form, the Global Antioxidants Market is bifurcated into Dry and Liquid types. The application segment divides the market into food and beverages, animal feed, personal care. The food and beverages segment is further categorized into Fats & Oils, Convenience Food, Beverages, Bakery & Confectionery, Meat, Poultry, & Seafood Products, and Others. The segment held the largest market share in 2019 and is expected to reach USD 3,593.5 million during the review period.
Regional Analysis
Geographically, the global Antioxidants market has been studied across America, Europe, Asia-Pacific, and the Middle East and Africa.
Asia-Pacific accounted for the highest market share of 31.81% of the global antioxidants market. The regional market has been driven by the rising popularity of health and nutritional supplements.
North America is expected to register the second largest market for global antioxidants market followed by Europe. The market growth in North America is because of existing leading manufacturers of antioxidants, and the expanding portfolio of antioxidants by them. Europe exhibits the fastest growing market for antioxidants owing to the improvements in the lifestyles of the consumers prompt them to consume clean label products during the review period.
Major Players
The Key players operating in the global antioxidants market include Kemin Industries, Inc. (US), BASF SE (Germany), Barentz Group (Netherlands), International Flavors & Fragrances Inc. (US), Kalsec Inc. (US), Archer-Daniels-Midland Company (US), Koninklijke DSM N.V. (Netherlands), Eastman Chemical Company (US), DuPont de Nemours, Inc. (US), and Adisseo (France).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS 18
1.1.1 GLOBAL ANTIOXIDANTS MARKET, BY TYPE 19
1.1.2 GLOBAL ANTIOXIDANTS MARKET, BY FORM 20
1.1.3 GLOBAL ANTIOXIDANTS MARKET, BY APPLICATION 21
1.1.4 GLOBAL ANTIOXIDANTS MARKET, BY REGION 22
2 MARKET INTRODUCTION
2.1 DEFINITION 23
2.2 SCOPE OF THE STUDY 23
2.3 RESEARCH OBJECTIVE 23
2.4 MARKET STRUCTURE 24
2.5 KEY BUYING CRITERIA 24
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 25
3.2 PRIMARY RESEARCH 26
3.3 SECONDARY RESEARCH 27
3.4 MARKET SIZE ESTIMATION 27
3.5 FORECAST MODEL 29
3.6 LIST OF ASSUMPTIONS 30
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION 33
5.2 DRIVERS 34
5.2.1 WIDE END-USE APPLICATIONS 34
5.2.2 RISING DEMAND FOR CONVENIENCE FOOD 34
5.2.3 DRIVERS IMPACT ANALYSIS 35
5.3 RESTRAINT 35
5.3.1 STRINGENT GOVERNMENT REGULATIONS 35
5.3.2 RESTRAINT IMPACT ANALYSIS 36
5.4 OPPORTUNITY 36
5.4.1 INCREASING ADOPTION OF NATURAL ANTIOXIDANTS 36
6 MARKET FACTOR ANALYSIS
6.1 VALUE CHAIN ANALYSIS 37
6.1.1 RAW MATERIAL PROCUREMENT 38
6.1.2 PROCESSING 38
6.1.3 PACKAGING 38
6.2 SUPPLY CHAIN ANALYSIS 39
6.3 PORTER’S FIVE FORCES MODEL 40
6.3.1 THREAT OF NEW ENTRANTS 41
6.3.2 BARGAINING POWER OF SUPPLIERS 41
6.3.3 THREAT OF SUBSTITUTES 41
6.3.4 BARGAINING POWER OF BUYERS 41
6.3.5 INTENSITY OF RIVALRY 41
6.4 IMPACT OF COVID-19 OUTBREAK ON THE GLOBAL ANTIOXIDANTS MARKET 42
7 BOTANICAL EXTRACTS MARKET, BY TYPE
7.1 GLOBAL BOTANICAL EXTRACTS MARKET VALUE & VOLUME ESTIMATES & FORECAST, BY TYPE, 2018–2026 43
7.2 GLOBAL ROSEMARY EXTRACT MARKET VALUE & VOLUME ESTIMATES & FORECAST, 2020–2026 44
7.2.1 GLOBAL ROSEMARY EXTRACT MARKET VALUE & VOLUME ESTIMATES & FORECAST BY FORM, 2020–2026 44
7.2.2 GLOBAL ROSEMARY EXTRACT MARKET VALUE & VOLUME ESTIMATES & FORECAST BY FOOD & BEVERAGES APPLICATION, 2020–2026 45
7.2.3 GLOBAL ROSEMARY EXTRACT MARKET VALUE & VOLUME ESTIMATES & FORECAST BY REGION/COUNTRY, 2020–2026 46
7.3 GLOBAL ACEROLA EXTRACT MARKET VALUE & VOLUME ESTIMATES & FORECAST, 2020–2026 47
7.3.1 GLOBAL ACEROLA EXTRACT MARKET VALUE & VOLUME ESTIMATES & FORECAST BY FORM, 2020–2026 47
7.3.2 GLOBAL ACEROLA EXTRACT MARKET VALUE & VOLUME ESTIMATES & FORECAST BY FOOD & BEVERAGES APPLICATION, 2020–2026 48
7.3.3 GLOBAL ACEROLA EXTRACT MARKET VALUE & VOLUME ESTIMATES & FORECAST BY REGION/COUNTRY, 2020–2026 49
8 ANTIOXIDANTS MARKET, BY TYPE
8.1 OVERVIEW 50
8.1.1 GLOBAL ANTIOXIDANTS MARKET VALUE ESTIMATES & FORECAST, BY TYPE, 2018–2026 51
8.1.2 GLOBAL ANTIOXIDANTS MARKET VOLUME ESTIMATES & FORECAST, BY TYPE, 2018–2026 52
8.2 SYNTHETIC 52
8.2.1 SYNTHETIC ANTIOXIDANT: MARKET VALUE ESTIMATES & FORECAST, BY REGION, 2018–2026 53
8.2.2 SYNTHETIC: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 53
8.3 NATURAL 53
8.3.1 NATURAL: MARKET VALUE ESTIMATES & FORECAST, BY REGION, 2018–2026 54
8.3.2 NATURAL: MARKET VOLUME ESTIMATES & FORECAST, BY REGION, 2018–2026 54
9 ANTIOXIDANTS MARKET, BY FORM
9.1 OVERVIEW 55
9.1.1 GLOBAL ANTIOXIDANTS MARKET VALUE ESTIMATES & FORECAST, BY FORM, 2018–2026 56
9.1.2 GLOBAL ANTIOXIDANTS MARKET VOLUME ESTIMATES & FORECAST, BY FORM, 2018–2026 56
9.2 DRY 56
9.2.1 DRY: MARKET VALUE ESTIMATES & FORECAST, BY REGION, 2018–2026 57
9.2.2 DRY: MARKET VOLUME ESTIMATES & FORECAST, BY REGION, 2018–2026 57
9.3 LIQUID 58
9.3.1 LIQUID: MARKET VALUE ESTIMATES & FORECAST, BY REGION, 2018–2026 58
9.3.2 LIQUID: MARKET VOLUME ESTIMATES & FORECAST, BY REGION, 2018–2026 58
10 ANTIOXIDANTS MARKET, BY APPLICATION
10.1 OVERVIEW 59
10.1.1 GLOBAL ANTIOXIDANTS MARKET VALUE ESTIMATES & FORECAST, BY APPLICATION,2018–2026 60
10.1.2 GLOBAL ANTIOXIDANTS MARKET VOLUME ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 61
10.2 FOOD & BEVERAGES 61
10.2.1 FOOD & BEVERAGES: MARKET VALUE ESTIMATES & FORECAST, BY REGION, 2018–2026 62
10.2.2 FOOD & BEVERAGES: MARKET VOLUME ESTIMATES & FORECAST, BY REGION, 2018–2026 62
10.3 ANIMAL FEED 63
10.3.1 ANIMAL FEED: MARKET VALUE ESTIMATES & FORECAST, BY REGION, 2018–2026 63
10.3.2 ANIMAL FEED: MARKET VOLUME ESTIMATES & FORECAST, BY REGION, 2018–2026 63
10.4 PERSONAL CARE 64
10.4.1 PERSONAL CARE: MARKET VALUE ESTIMATES & FORECAST, BY REGION, 2018–2026 64
10.4.2 PERSONAL CARE: MARKET VOLUME ESTIMATES & FORECAST, BY REGION, 2018–2026 64
10.5 OTHERS 65
10.5.1 OTHERS: MARKET VALUE ESTIMATES & FORECAST, BY REGION, 2018–2026 65
10.5.2 OTHERS: MARKET VOLUME ESTIMATES & FORECAST, BY REGION, 2018–2026 65
11 GLOBAL ANTIOXIDANTS MARKET, BY REGION
11.1 OVERVIEW 66
11.2 NORTH AMERICA 68
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.2.1 US 74
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.2.2 CANADA 78
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.2.3 MEXICO 82
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.3 EUROPE 86
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.3.1 GERMANY 91
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.3.2 UK 94
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.3.3 FRANCE 97
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.3.4 ITALY 100
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.3.5 SPAIN 103
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.3.6 REST OF EUROPE 107
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.4 ASIA-PACIFIC 111
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.4.1 CHINA 116
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.4.2 JAPAN 120
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.4.3 INDIA 123
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.4.4 AUSTRALIA & NEW ZEALAND 127
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.4.5 REST OF ASIA-PACIFIC 131
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.5 REST OF THE WORLD 135
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.5.1 SOUTH AMERICA 139
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.5.2 MIDDLE EAST 143
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
11.5.3 AFRICA 146
BOTANICAL EXTRACTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY TYPE
ANTIOXIDANTS MARKET, BY FORM
ANTIOXIDANTS MARKET, BY APPLICATION
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION 150
12.1.1 MARKET STRATEGY ANALYSIS 150
12.2 COMPETITIVE BENCHMARKING 151
12.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 152
12.3.1 PRODUCT LAUNCHES 152
12.3.2 MERGERS 152
12.3.3 ACQUISITIONS 152
12.3.4 EXPANSIONS 153
12.3.5 JOINT VENTURES 154
12.3.6 PARTNERSHIPS 154
12.3.7 PRODUCT DEVELOPMENTS 154
13 COMPANY PROFILES
13.1 KEMIN INDUSTRIES, INC. 155
13.1.1 COMPANY OVERVIEW 155
13.1.2 FINANCIAL OVERVIEW 155
13.1.3 PRODUCTS OFFERED 155
13.1.4 KEY DEVELOPMENTS 156
13.1.5 SWOT ANALYSIS 157
13.1.6 KEY STRATEGIES 157
13.2 BASF SE 158
13.2.1 COMPANY OVERVIEW 158
13.2.2 FINANCIAL OVERVIEW 158
13.2.3 PRODUCTS OFFERED 159
13.2.4 KEY DEVELOPMENTS 159
13.2.5 KEY STRATEGIES 159
13.3 KALSEC INC. 160
13.3.1 COMPANY OVERVIEW 160
13.3.2 FINANCIAL OVERVIEW 160
13.3.3 PRODUCTS OFFERED 160
13.3.4 KEY DEVELOPMENTS 160
13.3.5 KEY STRATEGIES 160
13.4 ARCHER-DANIELS-MIDLAND COMPANY 161
13.4.1 COMPANY OVERVIEW 161
13.4.2 FINANCIAL OVERVIEW 161
13.4.3 PRODUCTS OFFERED 162
13.4.4 KEY DEVELOPMENTS 163
13.4.5 SWOT ANALYSIS 163
13.4.6 KEY STRATEGIES 163
13.5 KONINKLIJKE DSM N.V. 164
13.5.1 COMPANY OVERVIEW 164
13.5.2 FINANCIAL OVERVIEW 164
13.5.3 PRODUCTS OFFERED 165
13.5.4 KEY DEVELOPMENTS 165
13.5.5 KEY STRATEGIES 165
13.6 EASTMAN CHEMICAL COMPANY 166
13.6.1 COMPANY OVERVIEW 166
13.6.2 FINANCIAL OVERVIEW 166
13.6.3 PRODUCTS OFFERED 167
13.6.4 KEY DEVELOPMENTS 167
13.6.5 SWOT ANALYSIS 168
13.6.6 KEY STRATEGIES 168
13.7 BARENTZ GROUP 169
13.7.1 COMPANY OVERVIEW 169
13.7.2 FINANCIAL OVERVIEW 169
13.7.3 PRODUCTS OFFERED 169
13.7.4 KEY DEVELOPMENTS 170
13.7.5 SWOT ANALYSIS 171
13.7.6 KEY STRATEGIES 171
13.8 INTERNATIONAL FLAVORS & FRAGRANCES INC. 172
13.8.1 COMPANY OVERVIEW 172
13.8.2 FINANCIAL OVERVIEW 172
13.8.3 PRODUCTS OFFERED 173
13.8.4 KEY DEVELOPMENTS 173
13.8.5 KEY STRATEGIES 173
13.9 DUPONT DE NEMOURS, INC. 174
13.9.1 COMPANY OVERVIEW 174
13.9.2 FINANCIAL OVERVIEW 174
13.9.3 PRODUCTS OFFERED 175
13.9.4 KEY DEVELOPMENTS 176
13.9.5 SWOT ANALYSIS 176
13.9.6 KEY STRATEGIES 176
13.10 ADISSEO 177
13.10.1 COMPANY OVERVIEW 177
13.10.2 FINANCIAL OVERVIEW 178
13.10.3 PRODUCTS OFFERED 178
13.10.4 KEY DEVELOPMENTS 179
13.10.5 KEY STRATEGIES 179
14 REFERENCES
