Antioxidants Market: Demand for Anti-Aging Products to Drive Market - Future Market Insights
Antioxidants Market: Triggered By Changing Diet Patterns and Significant Growth of Meat Consumption - Global Industry Analysis and Opportunity Assessment 2014-2020
VALLEY COTTAGE, N.Y., November 17, 2017 (Newswire.com) - Future Market Insights (FMI) has published a new report, which is titled, “Antioxidants Market: Triggered By Changing Diet Patterns and Significant Growth of Meat Consumption – Global Industry Analysis and Opportunity Assessment 2014 – 2020.” According to the report, the growing demand for anti-aging products is stimulating the growth of the global antioxidants market. With growing geriatric population, the demand for antioxidants will rise. Aging causes deterioration of physiological functions in organisms. The defense against external weather reduces with age on account of oxygen deficiency. The growing pollution is also a key reason behind the growth of the antioxidants market. Pollution induces premature aging, thereby creating a demand for anti-aging products that make use of antioxidants extensively. Thus, a healthy growth of the antioxidants market is predicted in the coming years.
Premature aging activates metalloproteinases, which in turn disintegrates collagen. This is creating a high demand for antioxidants. Antioxidants are also used for increasing the product shelf life of food products. It protects food products from corrosion which is caused by oxidation such as color changes and fat rancidity. Antioxidants are also used in animal feed additives and cosmetics to prevent damage of cells and decrease singlet oxygen. Antioxidants are also widely utilized in health care and food packaging industry. All these factors are expected to ensure a high demand for antioxidants.
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Of the two variants of antioxidants viz. synthetic and natural, the market for synthetic antioxidants is larger. This trend is likely to remain so for the rest of the forecast period. Natural antioxidants include rosemary extracts, vitamin A, vitamin C, and vitamin E. Synthetic antioxidants are categorized into Butylated Hydroxytoluene (BHT), Butylated Hydroxyanisole (BHA), Tert-Butylhydroquinone (TBHQ), and propyl gallate.
In the years to come the preference for natural antioxidants is likely to increase on account of the growing awareness among consumers regarding the minimal side effects of the natural variant. Many companies are getting a strong demand for natural ingredients so as to meet clean label requirements. Manufacturers are focusing on offering customized products so as to meet global customer requirements. The trend is likely to continue in the years to come. With growing population and changing lifestyle, the growth of the antioxidants market is assured.
On the basis of geography, the global antioxidants market is segmented into Asia Pacific, Europe, North America, and the rest of the world. Of these, the market is expected to be led by Asia Pacific on account of the increasing health awareness and growing disposable income of the people, giving rise to a higher consumption of anti-aging products.
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The report profiles key players within the global antioxidants market, including: Aland (Jiagsu) Nutraceutical Co. Ltd, BASF S.E, Archer-Daniels Midland Company, Cargill Incorporated, Kemin Industries, Inc., DuPont, Kalsec, Inc., Koninklijke DSM N.V., Naturex S.A., Nutreo N.V., and Vitablend Nederland B.V. Players within the market are entering into various forms of contracts, partnerships, mergers, and acquisitions for expanding their geographical reach. The focus is increasing on expanding the company’s reach in Asian countries on account of the lucrative opportunities of growth in these nations.
The report gives an insight into the challenges faced by leading players as well as their recent developments. The business and financial overview of each of the companies as well as their product portfolio have been included in this market research report.
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Source: Future Market Insights