By TradeIndia Team in Business Tips — 27 Jun 2022

An Overview of Antioxidants Market Size, Share & Growth

Antioxidants are substances that are hypothesized to counteract the harmful damage caused by free radicals. Oxidative stress, which free radicals can produce, maybe a factor in the aging process and the development of certain diseases. Antioxidants may be able to mitigate these effects, according to some studies. Antioxidants can be found in a wide variety of fruits and vegetables. Increasing one's intake of fruits and vegetables is generally beneficial in terms of preventing and treating disease. Antioxidant supplements may help prevent disease, however, data to support this claim is scant.

Various malignancies and cardiovascular disease do not seem to be helped by antioxidants. It has been suggested that antioxidant tablets may help with illnesses such as asthma and kidney disease in patients with diabetes, although there is no solid data to back this up.

Urban development and a shift in the way people live are contributing to shifts in what people want to eat. More and more people are aware of the components in the food that they eat and the processes that go into making it. 'Fresh and healthy food products are viewed as preserving nutrition and flavor as well as retaining freshness.

Even low-income families in the United States are gradually shifting toward ready-to-eat meals.

The market for Antioxidants - Overall survival (2022 - 2027)

1. Overview

The Antioxidants Market is expected to reach $7.7 billion in 2026, expanding at a CAGR of 5.8% from 2021 to 2026. Antioxidants can be derived from either natural or man-made sources. To counteract the potentially harmful effects of synthetic chemicals, naturally occurring antioxidants are increasingly been used in their place. He or she acts as a buffer between the cells and potentially dangerous substances. Heart disease, cancer, lung disease, and other inflammatory ischemia conditions all contribute to oxidative stress.

Antioxidants protect the body from free radical damage. Butylated Hydroxytoluene, lycopene, and other antioxidants are available. Cell organelles in the body are preserved by ascorbic acid, which is an antioxidant. The expansion of the market is mainly driven by the increasing use of natural antioxidants, the growing inclination of consumers for a healthy diet, and the increasing supply from the cosmetics market.

The antioxidant tablets manufacturers Market is expected to have an increase in demand from 2020-to 2026 due to the rising use of antioxidants in the food and beverage industry and the growing consumption of antioxidants in ready meals.

Evaluation Of the impact of the Covid-19

Hubei province in China's Wuhan city, where COVID-19 first appeared in late December 2020, was the source of communicable diseases.
As a result of the pandemic, the antioxidants industry has been among the least impacted.
As a result of lockdowns and curfews enforced by countries across the world, people's lives, health, and well-being have been significantly damaged.
This outbreak poses particular difficulties for importers because of the numerous isolation and lockdown procedures that countries have implemented.

Stakeholders will get the most from the new features.

Evaluation of the present antioxidants industry trends, estimates, and fluctuations of the sales volume from 2020 to 2031 is included in the report, which is found to interact.
As a result of Porter's five forces research, stakeholders are better equipped to make income organizational decisions and create their supply chain.
Antioxidant opportunities can be identified by in-depth research, market size, and classification.
The antioxidants business does many types of testing on drivers and restraints.

The Most Important Things to Remember

A rise in illness issues in North America is expected to drive the Antioxidants Market to a dominant position by 2020. In the final sample, the antioxidant medicines industry opportunity for various regions will be discussed.
Market expansion in the Antioxidants Industry would be aided by the increasing use of vitamins and supplements and the growing consumer preference for healthier diets.
The Antioxidants Market study will include an in-depth analysis of the market's most key competitors, including their strengths, weaknesses, and opportunities.
Excessive consumption of antioxidants and lack of understanding about antioxidant goods are likely to provide challenges for the Antioxidants Industry in the world.

The need for Natural Antioxidants is on the upswing

More than a quarter of the worldwide antioxidants market was accounted for by natural products in 2018. The natural products market is predicted to grow rapidly over the next few years. Awareness of the vast spectrum of biological impacts of these natural products will fuel the usage of natural antioxidants in food supplement applications, propelling the international antioxidants market forward in the forecast period.

2. A Regional perspective

Natural antioxidants were most in need in the Asia Pacific in 2014, followed very closely by North America. On top of all that, the region is predicted to develop quickest in the worldwide market due to a strong industrial base for food, drink, and feed.

At the end of 2014, China was the world's largest producer and user of vitamin C. Vitamin C market economy is anticipated to be bolstered by the development of medicine and food sectors in the region. The growing concern among consumers about their general well-being in Latin America and the Middle East and Africa (MEA) is predicted to drive an above-average share of the global market in these regions.

3. The product Perspectives

Vegetables, berries, meats, herbs, and medicines are all rich in natural antioxidants. Due to its widespread use in pharmaceuticals, food, drinks, and feed, vitamin C commanded the world market in 2014. At a CAGR of 6.1% from 2021 to 2026, natural antioxidants are expected to have the greatest share of the Antioxidants Market. Antioxidants are responsible for this, as they provide a slew of health advantages.

4. Application Perspectives

There are several tests for different types of antioxidant tablet uses because of their distinct activities. Small doses of vitamin C, for example, have been associated with a reduced risk of cardiovascular disease and cancer in pharmaceuticals.

The Antioxidants Demand is anticipated to develop at a CAGR of 6.5% from 2021 to 2026, with the Food & Beverage segment expected to have the greatest share. Food & Drink is expected to increase at the fastest rate, with a compound annual growth rate (CAGR) of above 5% over the projected period of 2021-2026.

5. Natural Antioxidants Perspectives

Archer Daniels Midland, DuPont-Danisco, Archer Daniels Midland International, Tianjin Prinova, Indena S.P.A., Ajinomoto OmniChem Natural Specialties, Naturex, are all major competitors in the international market for natural chemical specialty products. However, the Asia Pacific region is expected to develop at a greater Growth rate during the forecast 2021-2026 given the high prevalence of chronic conditions and the growing market for cosmetics and personal care products. The market for antioxidants in this region is growing as a result of increased awareness.

6. Determinants of the Antioxidant Market

Chronic Illness Is Getting More and More Popular: The Antioxidants Market is expanding due to a rise in the prevalence of chronic diseases. Chronic diseases are now the main cause of death around the globe, and this trend is expected to continue. Chronic conditions are thought to be responsible for the deaths of 29% of the population. 40,5 percent of Americans are afflicted by one of these ailments.
Cardiovascular Diseases Are Becoming More Common: The Antioxidants Economy has developed due to an increase in cardiovascular disease prevalence. Heart disease is caused by a bad diet, excessive smoking, and insufficient physical activity, which elevates blood pressure and glucose levels and creates obesity. As per the WHO, heart attacks and strokes are to blame for four out of every five cardiovascular fatalities. As a result, the Antioxidants Segment is expected to reach during the projected period of 2021 to 2026.

7. Challenges

Antioxidants excessive consumption and inadequate knowledge about the products: Antioxidants Market growth is expected to be hindered by factors such as a lack of awareness of the antioxidant multivitamin and multimineral tablets and excessive usage of antioxidants. It's predicted that a lack of awareness about the use of antioxidants in cosmetics will also impede the market's growth from 2021 to 2026.
Governments in industrialized countries have strict rules and regulations: If you want to submit a complaint of "Good source," "High," or "More," you need to meet the FDA's standards in 21 CFR 101.54(b), (c), (e). To utilize a "high" claim, for example, the item must involve at least 20% of the Recommended Daily Intake (RDI) or Daily Reference Value (DRV) or per serve. According to 21 CFR 101.54(g), a "good source" claim would require a meal that contain between 10% and 19% of the RDI or DRV per serving.

8. The Landscape of Competitors

Antioxidant devices manufacturing capacity expansion is a major concern for suppliers to fulfill end-user demand.

The following companies are major actors in the worldwide antioxidants industry:

Beijing Tiangang Auxiliary Co., Ltd,
Solvay S.A.,
Clariant AG,
SONGWON Industrial Group,
ADEKA Corporation,
Evonik Industries AG,
3V Sigma USA Inc.,
Everspring Chemical Co., Ltd.,
SI Group, Inc.,
Oxiris Chemicals S.A.,
BASF SE,
Dover Chemical Corporation,
Double Bond Chemical Ind. Co., Ltd.,
Chitec Technology Co., Ltd.
TAIWAN DYESTUFFS & PIGMENTS CORP.,
Dalian Richfortune Chemicals Co., Ltd., and
Rianlon Corporation,

Conclusion

The study includes comprehensive suggestions from the world's leading antioxidants manufacturers. Natural antioxidants like vitamin C, vitamin E, and polyphenols are likely to boost market activity by improving their use in post-skin applications skincare products. One of the main factors driving Antioxidant demand is a combination of countries like the United States, the United Kingdom, and China. Antioxidant sales are being boosted by rising birth rates, diabetes incidence, skincare trends, and the healthier diet and health drink consumption industry.

FAQs: Antioxidant Tablets

Q. What are the reactions of the market participants to the big updates?

Ans. Technology advancement, new product creation, and manufacturing capability growth are becoming increasingly popular options for industry players.

Q. Who are the most successful players in the Antioxidants market?

Ans. These companies encompass Archer-Daniels-Midland, BASF, BIDU, E.I. DuPont El Nemours, Barentz International, Kemin Industries, Inc., Kalsec Inc., Koninklijke DSM, Nutreco N.V, Aland (Jiangsu) Nutraceutical Co. Ltd., Cargill Incorporated, and Naturex S.A., which are the most successful figures in this industry.