Global Natural Antioxidants Market Business Statistics, Opportunity Assessment And Forecast To 2033 | |
The Natural Antioxidants Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033). Learn More On The Natural Antioxidants Market: https://www.thebusinessresearchcompany.com/report/natural-antioxidants-global-market-report In accordance with The Business Research Company’s comprehensive analysis outlined in the Natural Antioxidants Global Market Report for 2024, the natural antioxidants market has exhibited robust expansion in recent years. Projections indicate a notable ascent, advancing from $2.51 billion in 2024 to $2.73 billion, achieving a commendable compound annual growth rate (CAGR) of 9.1%. This remarkable surge during the historical period can be attributed to heightened consumer awareness, a surge in chronic diseases, escalating demand for natural and organic food items, a discernible preference for clean label products, and the presence of favorable regulatory frameworks. Forecasts indicate an imminent acceleration in the natural antioxidants market size, poised to reach $4.06 billion by 2028, with a CAGR of 10.4%. The anticipatory growth in the forecasted timeframe is attributable to escalating demand for plant-based consumables, an upswing in fortified foods and beverages, a surge in natural and organic personal care products, an aging population, and heightened interest in functional foods and nutraceuticals. Noteworthy trends set to characterize this period encompass customization and personalization, the emergence of innovative ingredients, strategic partnerships and collaborations, amplified investments in research and development for novel natural antioxidant sources, and a growing adoption of sustainable and eco-friendly production practices. This trajectory underscores the dynamic evolution of the natural antioxidants landscape, aligning with the ever-changing demands of a health-conscious and environmentally aware consumer base. Increasing awareness of lifestyle diseases such as obesity, cardiovascular diseases, and diabetes is expected to propel the growth of the natural antioxidants market in the forecast period. As people are becoming more aware of lifestyle diseases, they are adopting healthy lifestyles and striving to improve their dietary habits, which boosts the demand for natural antioxidants. Antioxidant-rich foods may lower the risk of a variety of diseases including heart disease and certain cancers. Natural antioxidants scavenge free radicals from bodily cells, preventing or reducing oxidative damage. For instance, in October 2022, the Centers for Disease Control and Prevention, a US-based national public health agency, 6 in 10 Americans are suffering from at least one chronic disease like cardiovascular, cancer, and diabetics. Therefore, the increasing awareness of lifestyle diseases drives the growth of the natural antioxidants market. Get A Free Sample Of The Report (Includes Graphs And Tables): https://www.thebusinessresearchcompany.com/sample.aspx?id=5420&type=smp The natural antioxidants market covered in this report is segmented – 1) By Product: Vitamin E, Vitamin C, Carotenoids, Polyphenols 2) By Source: Plant, Petroleum 3) By Form: Dry, Liquid 4) By Application: Personal Care, Food And Beverages, Animal Feed, Other Applications Top 5 Major Players: Archer-Daniels-Midland Company Koninklijke DSM NV Badische Anilin- und Sodafabrik SE E. I. du Pont de Nemours and Company (DuPont) Ajinomoto Co Inc Major companies operating in the natural antioxidants market are entering into strategic partnerships to expand their reach in geographies. Strategic partnerships refer to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For instance, in November 2021, A&B Ingredients, a US-based clean label manufacturer and supplier of functional ingredients, including natural antioxidants, partnered with BDF Natural Ingredients, a biotech company specialized in the research, manufacture, and commercialization of innovative and technological additives for the food and nutrition and cosmetics industries. Through this partnership, A&B Ingredients will distribute PROBIND® Transglutaminase Enzyme, BDF’s innovative enzyme ingredients, to the North American market. | |
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