According to a recent report by Future Market Insights,
market research and competitive intelligence provider, sales of natural
antioxidants are estimated to reach a value of USD 3.6 Bn by 2032,
surging at 6% CAGR through the decade.
The increasing prevalence of lifestyle-related diseases such
as obesity, cardiovascular disease, diabetes, and other non-communicable
diseases (NCDs) has become one of the greatest concerns for consumers around
the world. Consumer awareness of healthy habits has brought about fundamental
changes in their diet, which has increased the demand for natural antioxidants
for many years. Weight-sensitive consumers are more sensitive to their daily
calorie intake and are willing to consume nutrient-rich, low-calorie foods.
Several research projects have concluded that natural antioxidants are
beneficial in improving health conditions such as cardiovascular disease,
diabetes, and other non-communicable diseases (NCDs). This has led
consumers to focus on getting antioxidants in their regular diet. In addition,
health enthusiasts and fitness freaks are more likely to be attracted to organic
and natural antioxidants as key ingredient in foods, beverages, and dietary
supplements. The results could lead to strong growth in the natural antioxidant
market over the next few years.
The vast majority of animal farms around the world are
switching to alternative additives such as natural antioxidants, toxic binders,
and organic acids to prevent contamination of raw materials. Using these
alternative options also helps reduce the level of antimicrobial resistance
from the feed-to-food model. It should be noted that AMR levels have reached
alert levels around the world and people are less responsive to first-line or
second-line treatment of the disease. In addition, oxidative stress is one of
the main factors associated with immune system dysregulation and leads to
several illnesses, so the majority of the population consumes natural
antioxidants to improve immune system health. Tend to be. These factors
encourage consumers to take precautions and create a large space for the
healthy growth of natural antioxidants during the forecast period.
Key Takeaways from Market Study
- Asia-Pacific
holds the major share and is expected to be the largest market for natural
antioxidants, with sales estimated to reach ~US$ 1.1 Bn by 2032-end.
- The
natural antioxidants market in North America and Europe is expected to
register a high growth rate in the coming years, owing to a remarkable
hike in the consumption of nutritional supplements in these regions.
- Increasing
interest in the consumption of natural products is expected to bolster the
demand for natural antioxidants.
- Global
natural antioxidants market represents a fairly consolidated competition
landscape, where the majority of key players are investing in R&D to
lower the production cost of natural antioxidants.
- Natural
antioxidants exhibit low volatility and high stability at high
temperatures, offering better aid to food production techniques, including
frying, cooking ,or baking.
- Regulatory
authorities are imposing limitations on the application of artificial
antioxidants, leaving manufacturers of natural antioxidants in high
spirits.
“The natural antioxidants market is being driven by their
taste, aroma, and health benefits. Rising awareness about the product along
with increased use in the F&B industry are key factors for market
expansion,” says a lead analyst at Future Market Insights.
Who is Winning?
Many CEOs re-checked their company’s portfolios and
re-figured their strategy in 2020 and 2021 due to the global upheaval generated
by COVID-19. Companies have worked on strategies such as marketing and
packaging, adopted labels trends, and taken various steps to promote the
product in different markets along with reaching new geographies.
Utilizing primary natural antioxidants is not sufficient to
meet all requirements. For example, rosemary extract (E392), which is primarily
used in foods, works well with animal fats, but provides an unwanted odor and
flavor. Studies have shown that combining two or more natural antioxidants
works more effectively in most cases. Therefore, market participants offer a
combination of tocopherol and rosemary extract. In addition, tocopherol is
combined with citric acid or isopropyl citrate for optimal effect. To minimize
food waste, players in the food industry extract natural antioxidants from the
bran layer of cereal plants. Research emphasizes the inefficiencies of branded
natural antioxidants compared to existing natural antioxidants, but ongoing
research and development are underway to maximize the potential of branded
natural antioxidants. I’m on the way.
Key players operating in the global natural antioxidants
market include BASF SE, Ajinomoto Co Inc, Naturex S.A., Adisseo France SAS, The
Archer Daniels Midland Company, I. du Pont de Nemours and Company, A & B
Ingredients Inc, Hansen A/S, Koninklijke DSM N.V., Cargill, and Ingredients Inc.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an
unbiased analysis of the natural antioxidants presenting historical demand data
(2017-2021) and forecast statistics for the period from 2022-2032.
Product:
- Vitamins
- Carotenoids
- Polyphenols
Nature:
- Organic
- Conventional
Source:
- Fruits
& Vegetables
- Herbs
& Spices
- Microalgae
& Seaweed
End-Use:
- Food
& Beverages
- Meat,
Fish & Poultry
- Spice
& Condiments
- Oil,
Fat & Margarine
- Packaged
Food
- Bakery
& Confectionery
- Others
- Cosmetics
- Skin
Care
- Hair
Care
- Nutraceuticals
- Pharmaceuticals
- Feed
Industry
Region:
- North
America
- Latin
America
- Europe
- Asia
Pacific
- Middle
East & Africa
Read Full Report: https://www.futuremarketinsights.com/reports/natural-antioxidants-market