Press release
Antioxidants Market Size, Share, Future Growth, 2032 | BASF SE, ICC Industries Inc., Kalsec Inc.
Antioxidants Market
The global antioxidants market is set to gain impetus from the high demand for anti-aging products from consumers. Hence, several cosmetics manufacturers are using the additive in their in-house products. In April 2021, for instance, Cosphatec GmbH launched Cosphaderm Tapmix, a sustainable and unique antioxidant blend. It was developed by keeping in mind the natural cosmetics standards. It can protect the membrane lipids and prevent oxidation. This information is given by Fortune Business Insightsโข in a report, titled, "Antioxidants Market,2024 - 2032." As per the report, The global antioxidants market size was USD 4.59 billion in 2023 and is expected to grow from USD 4.84 billion in 2024 to USD 7.64 billion by 2032 at a CAGR of 5.87% over the forecast period.
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ : https://www.fortunebusinessinsights.com/enquiry/sample/food-antioxidants-market-100789
๐ ๐ฅ๐ข๐ฌ๐ญ ๐จ๐ ๐ซ๐๐ง๐จ๐ฐ๐ง๐๐ ๐ฏ๐๐ง๐๐จ๐ซ๐ฌ ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ:
โข BASF SE (Ludwigshafen, Germany)
โข ICC Industries Inc. (United States)
โข Kemin Industries Inc. (Iowa, United States)
โข Archer Daniels Midland Company (Illinois, United States)
โข Barentz International BV (Hoofddorp, Netherlands)
โข Kalsec Inc. (Michigan, United States)
โข Eastman Chemical Company (Tennessee, United States)
โข Camlin Fine Sciences Ltd. (Maharashtra, India)
โข Koninklijke DSM N.V. (Heerlen, Netherlands)
โข Givaudan (Vernier, Switzerland)
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐ฒ๐ง๐ญ๐ก๐๐ญ๐ข๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐ฆ๐๐ข๐ง ๐๐ญ ๐ ๐จ๐ซ๐๐๐ซ๐จ๐ง๐ญ ๐๐๐๐ค๐๐ ๐๐ฒ ๐๐ฌ๐๐ ๐ ๐ข๐ง ๐ ๐จ๐จ๐ ๐๐ง๐ ๐ ๐๐๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ
By type, the market is bifurcated into natural and synthetic. Amongst these, the synthetic segment generated the largest antioxidants market share in 2020. This growth is attributable to its affordability and wide availability. Besides, it is majorly used in fuel, feed, and food industries.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐: https://www.fortunebusinessinsights.com/enquiry/get-a-quote/food-antioxidants-market-100789
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
We follow a unique research methodology that contains data triangulation based on bottom-up and top-down approaches. We conduct primary research to validate the upcoming market numbers. The information utilized to project the forecast for numerous segments is collected by conducting interviews with leading stakeholders. The report of this industry includes minute details, such as opportunities, drivers, challenges, and dynamics of the market.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ & ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐๐ข๐ ๐ก ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ซ๐จ๐ญ๐๐ข๐ง-๐ซ๐ข๐๐ก ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐๐ฌ ๐ญ๐จ ๐๐ฎ๐ ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The rising awareness among people regarding the benefits of antioxidants for preventing chronic ailments, such as diabetes would aid growth. Also, consumption and demand for processed foods is surging nowadays because of the fast-paced lifestyle of people and the rising working population. These additives can extend the shelf life and prevent oxidation of such food items. The United States Bureau of Labor Statistics, for instance, declared that the U.S. experienced a surge of 64.9% of the working population in 2019 from 64.4% in 2018. These factors are set to propel the antioxidants market growth in the upcoming years. At the same time, protein-rich functional foods are also showcasing high demand. However, the contents of food additives and preservatives are strictly monitored by governments to prevent allergic reactions and digestive disorders. It may obstruct demand.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐จ๐ฉ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ข๐ ๐ก ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ ๐ฎ๐๐ฅ ๐ญ๐จ ๐๐๐ฅ๐ฉ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ซ๐จ๐ฐ
Regionally, in 2020, Asia Pacific procured USD 1.71 billion in terms of revenue. It is considered to be one of the largest consumers of fuel. The high demand for fuel from numerous end-use industries and rising population would aid growth. BP International Limited, for instance, stated that in 2018, the total oil consumption of the region was 1,651.3 million tons. On the other hand, North America is anticipated to show considerable growth on account of the expansion of the aerospace and defense sector, as well as the well-established food industry.
๐๐ฌ๐ค ๐ ๐จ๐ซ ๐๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/food-antioxidants-market-100789
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ ๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ข๐ง๐ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐ฏ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐ญ๐จ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ ๐ฐ๐ข๐ญ๐ก ๐๐ก๐๐ข๐ซ ๐๐ข๐ฏ๐๐ฅ๐ฌ
The global market houses a large number of local and international companies that are presently striving to gain a competitive edge. To do so, they are constantly launching new products to cater to the high consumer demand.
๐๐๐ฅ๐จ๐ฐ ๐๐ซ๐ ๐ญ๐ก๐ ๐ญ๐ฐ๐จ ๐ฏ๐ข๐ญ๐๐ฅ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
๐ ๐๐๐ซ๐ฎ๐๐ซ๐ฒ ๐๐๐๐: OZiva, an Indian clean-label and plant-based wellness brand, introduced its OZiva Bioactive Gluta Fizzy, an antioxidant formulated for skin care and to control skin cell damage.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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