What are the market trends for the Natural Antioxidants market?
Natural antioxidants are phenolics and may occur in the whole of plants whereas synthetic antioxidant compounds are stable and penetrate the cells while some of them are administered orally. Commercially, natural antioxidants are heavily demanded in the food sector owing to presence of Vitamin E, C, carotenoids and polyphenols. The massive awareness further results in sales of nutraceutical products. The market is now trending for products based on polyphenol.
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Natural antioxidants market is driven by rising demand in cosmetics, food & beverages, pharmaceutical and animal feed. Development of healthcare industry due to consumer spending for medical check-ups and emphasis on government initiatives for basic healthcare facilities is likely to propel the market demand during the forecast period. Rise in adoption of healthcare practices is enlarging the market size.
Natural antioxidants market is geographically segmented as North America, South America, Europe, Asia-Pacific, Middle East and Africa. Rise in demand for antioxidants for quality animal feed lowers the occurrence of diseases, which in turn is likely to stimulate the market growth during the forecast period.
Asia-Pacific regions are likely to gain a significant growth during the forecast period due to presence of manufacturers for foods and beverages. Presence of pharmaceutical and cosmetic industries helps in enlarging the market size due to growing consumer awareness. The key players profiled in the natural antioxidants market include AB Vista, HR, Hansen, Novozymes A/S, Danisco A/S, Adisseo France S.a.s and BASF SE.
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