Antioxidants Market- Sales Outlook, Demand Forecast & Up-To-Date Key Trends
Antioxidants Market |
Antioxidants are necessary
ingredients that extend the shelf life of food and beverage products by
preventing oxidation. They are used as food additives and are also known as
shelf-life extenders. They are also used in the cosmetic industry to make
anti-aging skincare products because they protect cell membranes and prevent
oxidation.
Growth in global meat consumption
and production is expected to support antioxidant market growth. Antioxidants are used in the animal
feed industry to promote cattle growth and reduce disease risk. According to
the Food and Agriculture Organization of the United Nations, global meat
production increased by 1.25% in 2017 to 323 Mt, with moderate increases in
bovine and poultry meat production and more modest gains in pig and sheep meat
production.
In terms of revenue, the global Antioxidants
Market is expected to reach around US$ 4,556.4 million by the end of
2027, growing at a CAGR of 5.6% during the forecast period (2020-2027).
Rising demand for antioxidants from
the cosmetic industry for the manufacture of various skincare products,
particularly anti-aging creams, is expected to drive anti-oxidant market
growth. Furthermore, rising demand for men's skincare products is expected to
drive anti-oxidant market growth. Natural antioxidants such as vitamin E,
vitamin C, and polyphenols are widely used in the cosmetic industry due to
their post-application benefits.
The increase is primarily driven
by rising global meat consumption, a growing preference for anti-aging
products, a stringent government regulatory framework, and food products with
longer shelf lives. The global Antioxidants
Market is currently being boosted by increased demand for anti-aging
products. Antioxidants are molecules
that protect the body from the potentially harmful properties and effects of
free radicals, which are volatile substances. Antioxidants help to eliminate
free radicals, which can harm or kill body cells. Because of the increased
shelf life of food products and the elimination of rancidity, consumers are
increasing their demand for antioxidants in foods such as processed meats and
packaged foods.
Types of Antioxidants- Natural Antioxidants and Synthetic
Antioxidants
Dietary antioxidants benefit
consumer health in a variety of ways, including heart, urinary tract health,
prostate, and eyes. Increasing your dietary antioxidant intake will help
protect your body from memory loss, immune system problems, and mood disorders.
This week, two leading brands will launch a new line of antioxidant-infused
skincare products. The SK-II and Shiseido products are said to protect skin
from environmental aggressors and keep it looking young and healthy.
Top Companies Listed are- Aland (Jiangsu) Nutraceutical Co., Ltd.,
Archer-Daniels-Midland Company, BASF S.E, Cargill, Incorporated, DuPont,
Kalsec, Inc., Kemin Industries, Inc., Koninklijke DSM N.V, Naturex S.A., and
Nutreco N.V.
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