Antioxidants Market - Positive Long-Term Growth Outlook 2020

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.

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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)

Increasing Demand for Anti-Aging Products to Boost Consumption of Antioxidants, says TMR

As the demand for anti-aging products is increasing, players in the global antioxidants market have been presented with a lucrative opportunity for boosting their sales in the global market, states TMR in a recent report. The global increase in meat consumption is also creating a major growth opportunity for antioxidant manufacturers. Though the global market is dominated by a few key companies with similar channels for distribution and pricing strategies, but at the regional level the competition is intensely competitive due to the presence of local raw material dealers.

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At the regional level, the Asia Pacific market is taking the lead due to the collaborations that the leading companies are taking up with the local manufacturers in this region. In the Asia Pacific region, China is one of the major markets and Kemin Industries Inc. is leading with a company share of 10.2% in the market. It is followed by Kalsec and ADM. These top three companies hold a cumulative share of 17.9% of the total market share in China.

The antioxidants market in the global level is extremely cost sensitive. Hence, the manufacturing companies’ need to turn up with new innovations. The key players in the market are coming up with new plans to increase their revenue share in the market. For instance, Aland Nutraceutical Co. made collaborations with other companies in the industry to manufacture minerals, supplements and vitamins and also generate revenue. The level of competition is more intense in the regional level than in the global market as only few international players dominate the global market. This kind of investment and collaboration with local raw material dealers as well as other companies is expected to bolster the growth of the antioxidants market in the global as well as regional level.

In order to maintain their stand in the global anti-oxidants market, companies will have to ease their pricing policies and branding techniques, states TMR. The high cost of raw materials is intensely affecting the market profitability of anti-oxidants companies. Also, regulatory policies by regional and national governing bodies, which have banned specific antioxidants to be sold and used in the market, will limit the overall expansion of the global anti-oxidants in certain regions. The growth of the market depends on how focused the suppliers are on cost reduction as there can be a significant threat of backward integration from buyers.

Anti-Aging Product Demand to Boost Market for Anti-Oxidants

The increasing demand for anti-aging products across the globe is largely accredited to the growth of the anti-oxidants market. Vitamin C and glutathione are the most used antioxidants as they protect the cytoplasm of cells and are used in most of the anti-aging products. . Other antioxidants include uric acid, vitamin E, vitamin A and beta carotene. The antioxidants found in cosmetics are alpha tocopherol acetate and tocopherl. They help in the increasing the content of vitamin E in the skin.

Global demand for anti-aging products has witnessed a huge rise in the past few years owing to the rapid rise in the world’s aging population. The rising population of elderly people, combined with the rise in disposable incomes, especially in developing regions, is expected to boost sales of anti-aging products over the period between 2014 and 2020. If these factors exist persistently, the antioxidants market will witness favorable expansion in the next few years.

Lack of Awareness, Negative Statements by Experts, and Strict Government Regulations to Hinder Market’s Growth

Some of the major challenges faced by the global antioxidants market include lack of awareness among consumers about the several benefits of these elements, negative statements by experts regarding the potential side effects of antioxidants, and strict government rules for the circulation and use of the products having antioxidants. Negative comments by expert organizations, such as the claim by American Heart Association in 2008 that antioxidants are ineffective in protecting the heart’s health, are considered to be a hindrance in the global sales of antioxidants.

Apart from these, the government policies for safer use of antioxidant will also hamper the growth of this market in the next few years. Rigid test policies set up by the governments are expected to slow down the circulation of the antioxidants in certain regional markets. These factors together are expected to hamper the market growth of antioxidants in the next few years. North America is going to be a challenge for the manufacturers of anti-oxidants as the regulatory policies there are rigid in terms of the verification of the antioxidants.

The leading regions in the global antioxidants market are reported to be Asia-Pacific and North America, as they lead in the numbers with growing life expectancy, strong agricultural background and increase in per capita income. The growing demand for dietary and health supplements, and rise in the demand for packaged foods is expected to contribute to the elevated demand for antioxidants in the Asia-Pacific in the next few years. Asia Pacific held a leading share of 39.90% in the global antioxidants market in 2014.

In revenue terms, the global market of antioxidants is reported to rise at a CAGR of 5.6% in the forecast period of 2014-2020. It is expected to reach US$3,111.5 million by 2020, as reported by TMR.

The review has been based on the findings of a TMR report titled “Antioxidants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”.

Antioxidants Market: By geography

North America

Europe

Asia Pacific

• Australia
• China
• Indonesia
• South Korea
• Taiwan
• Thailand

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)
• Others

Antioxidants Market is Estimated to Reach USD 3,111.5 million by 2021, Asia Pacific is Projected to be Most Attractive Regional Market in terms of revenue

Transparency Market Research has published a new market report titled “Antioxidants Market (By Product Type: Natural Antioxidants abd Synthetic Antioxidants) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2020.” According to the report, 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.

The global antioxidants market is expected to witness substantial growth during the forecast period, particularly due to increasing global meat consumption. The increase in demand for anti aging products is also stimulating the growth of the global antioxidants market. In addition, government regulations across the world related to antioxidants are also influencing the growth of this market.

The global non-destructive testing equipment market is segmented by regions into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Asia-Pacific dominated the market in 2013, accounting for 31.8% market share globally. The growth in Asia-Pacific is attributed to increasing health and wealth awareness and increasing demand for anti aging products. Increasing demand for cosmetic and nutritional products is primarily driving the antioxidants market in North America.

The antioxidants market in Asia Pacific is primarily driven by growing demand for health and dietary supplements. The region has a huge population of aging citizens, especially in countries such as Japan and China. Antioxidants are used in anti-aging creams and are used in a wide variety of medicines for treating diseases such as cancer, amyotrophic lateral sclerosis and other neurological diseases. With the growing age, people are susceptible to many diseases, due to which the Asia Pacific region is expected to observe high demand for antioxidant rich products. Antioxidants are used in extending shelf life of packaged food products. The growth in packaged food products is also contributing to the increased demand for antioxidants.

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North America is expected to witness steady growth in demand for antioxidants. The region’s humid climate results in quick degradation of food due to which food and feed manufacturers tend to add more antioxidants, which in turn is driving the demand for feed and food antioxidants in North America. Currently, natural antioxidants are expensive compared to synthetic antioxidants, and people are expected to shift their consumption from synthetic to natural antioxidants in the coming years. Growing consumer preference for green attributes in food and cosmetics, and health and wellness products is influencing the growth of the antioxidants market in the region. In addition, increasing demand for cosmetic and nutritional products obtained from natural sources is also driving the natural antioxidants market in North America. Owing to these factors, the antioxidant market in this region is expected to observe steady growth during the forecast period.

The natural and synthetic antioxidants market in Europe is expected to increase at a considerable rate especially in countries such as the U.K and Ireland. Consumers in Europe spend a higher proportion of their income in functional food and beverages where antioxidants are used. The Europe antioxidants market is primarily driven by factors such as growing health awareness in Western Europe, rising population, increasing income level of consumers and increasing demand for anti aging products. The market for natural antioxidants has huge opportunity in the near future and demand is also expected to rise during the forecast period of 2014 to 2020.

The Rest of the World (RoW) region includes South America, the Middle East, and Africa. The market for antioxidants used in food, animal feed, and cosmetics is primarily driven due to growing demand for antioxidant rich products in emerging nations such as Brazil, Argentina, South Africa, and UAE among others. The demand for antioxidants has increased significantly, as people in this region are increasingly becoming health conscious and are consuming more health and dietary supplements. Increasing demand for feed antioxidants used in poultry farms is also causing a surge in the overall antioxidant market in the RoW region. Owing to these factors, the antioxidant market in RoW is expected to observe steady growth throughout the forecast period.

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 non-destructive testing equipment. Key players in the non-destructive testing equipment 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.among others.

Market segmentation

The Antioxidants Market is segmented as below:

Global Antioxidants Market: by Products Type

• Synthetic Antioxidants
• Natural Antioxidants

Global Antioxidants Market: by Geography

• North America
• Europe
• Asia Pacific
• Rest of the World (ROW)

Global Antioxidants Market to Grow at CAGR of 5.60% from 2014 to 2020 due to Increasing Demand for Medicines with Enhanced Shelf Life

Transparency Market Research (TMR) has announced the publication of a new market study based on the antioxidants market. According to the report, the global antioxidants market is driven by the growing demand from the cosmetics and skincare segment. The report is titled “Antioxidants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” and contains fruitful information on the market dynamics, key competitors, and the general attractiveness of the antioxidants market. According to the report, the global antioxidants market, which was valued at US$2.1 bn in 2013, is set to expand at a CAGR of 5.6% in the forecast period from 2014 to 2020, reaching a value of US$3.1 bn in 2020.

Antioxidants are substances that prolong the shelf life of foods by preventing oxidation, thus saving the food product from deteriorating. Antioxidants prevent fat rancidity and color changes in the food. Antioxidants are thus largely used for preventing cell damage. Apart from food, antioxidants are used in cosmetics and animal feed additives to reduce singlet oxygen.

According to the report, the increasing consumption of meat all over the world has led to growth of the global antioxidants market. Moreover, the increasing demand for anti-aging products is also boosting the global antioxidants market. People are more concerned nowadays about their looks and reversing the effects of ageing. With age, skin tends to lose its defenses against weather and pollution, leading to the appearance of wrinkles and other signs of aging. Premature aging is also a growing concern among young adults, impacting the global antioxidants market positively.

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Antioxidants act as a remedy for skin aging by reducing the formation of radicals in the skin and protecting the cell membranes. Antioxidants prevent the oxidation process by neutralizing the harmful molecules of oxygen and other free radicals. Due to these properties, antioxidants are now used in the health care and food packaging industries, thus fueling the global antioxidants market.

Asia Pacific will experience a high growth rate during the forecast period from 2014 to 2020, followed by Europe and North America. The growth can in the Asia Pacific region can be attributed to the growing health concerns and an increase in the demand for healthier dietary supplements. China and India are majorly contributing to the success of the antioxidants market.

Antioxidants are of two types: synthetic and natural. Currently, synthetic antioxidants are used on a large scale, as they are relatively cheaper, but this trend will soon shift and there will be an increased adoption of natural oxidants, forecasts the report. Growing health concerns and increased awareness about the benefits of everything natural will drive the natural antioxidants market, especially in North America. Additionally, an increased demand from countries such as Italy, Ireland, Germany, and the U.K. for functional food and beverages with increased shelf life is also set to contribute to the growth of the antioxidants market in Europe.

Globally, the market for synthetic antioxidants is anticipated to remain larger than the market for natural antioxidants in the period from 2014 to 2020. The synthetic antioxidants segment includes butylated hydroxytoluene (BHT), butylated hydroxyanisole (BHA), tert-butylhydroquinone (TBHQ), and propyl gallate.

The leading key players in the antioxidants market are BASF, Ajinomoto, and ADM.

The antioxidants market has been segmented as follows:

By geography

North America

Europe

Asia Pacific

• Australia
• China
• Indonesia
• South Korea
• Taiwan
• Thailand

Rest of the World

By Type

Natural Antioxidants

• Rosemary Extracts
• Vitamin A
• Vitamin C
• Vitamin E

Synthetic Antioxidants

• Butylated hydroxyanisole (BHA)
• Butylated hydroxytoluene (BHT)
• Others

Antioxidants Market - Growth, Trends ,Forecast up to 2020

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.

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.

Browse full Antioxidants Market report at: http://www.transparencymarketresearch.com/antioxidants-market.html

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.

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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

Europe

Asia Pacific

• Australia
• China
• Indonesia
• South Korea
• Taiwan
• Thailand

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)
• Others

Browse the full Press Release:http://www.transparencymarketresearch.com/pressrelease/global-antioxidants-market.htm

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