Antioxidants Market by Type, Form, and Application : Global Opportunity Analysis and Industry Forecast, 2022–2031

Antioxidants Market by Type, Form, and Application : Global Opportunity Analysis and Industry Forecast, 2022–2031

  • February 2022 •
  • 280 pages •
  • Report ID: 6269679 •
  • Format: PDF
Antioxidants Market by Type (Natural Antioxidants and Synthetic Antioxidants), Form (Dry and Liquid), and Application (Food & Feed Additives, Pharmaceuticals & Personal Care Products, Fuel & Lubricant Additives, Plastic; Rubber;& Latex Additives, and Others): Global Opportunity Analysis and Industry Forecast, 2022–2031


Antioxidants are synthetic or naturally existing substances that extend the shelf life of food products and help maintain a balanced diet. Rise in demand for pharmaceuticals, food & beverages, and animal feed additives that utilize antioxidants drives the growth of the market . Upsurge in demand for beverages and fortified foods owing to healthy lifestyle and increase in use of antioxidants in cosmetics due to their benefits on skin post application are anticipated to drive the antioxidants market growth during the forecast period. In the coming years, the synthetic antioxidants market is anticipated to dominate over natural antioxidants market. However, lack of knowledge and awareness about the harmful effects of antioxidants is projected to restraint the market growth.
Rosemary extract that is derived from Rosmarinus officinalis contains antioxidants. EU organic regulations approved the usage of rosemary extract in organic products specified by the European Regulation 344/2011/EU, providing new opportunities for the market during the forecast period.
Exponential increase in the world population is expected to result in rise in demand for antioxidants in food & beverages, pharmaceuticals, and animal feed additives. In Asia-Pacific, undernourishment cases are very high; therefore, the usage of antioxidants as a supplement extensively minimizes this issue. Framers feed antioxidants additives to the animals to enhance the milk yield. In addition, antioxidants are used as in food & beverage industries to increase the shelf life. Presently, numerous packed food products that contain preservatives include different types of antioxidants, which is one of the major impacting factors for the market.
The demand for antioxidants is increasing rapidly due to its multiple benefits in different industries. The market for fortified food & beverages has increased significantly; however, previously the shorter shelf life of food products was a challenge, which was overcome by the use of synthetic antioxidants that act as “life extenders.” Synthetic antioxidants—such as BHT, BHA, and others—increase the shelf life of the food products, stimulating their demand in the market. Natural antioxidants are mainly used in pharmaceutical industry as vitamin supplements and as antiaging agents in personal care products because they possess the property of preventive care. Moreover, developing economies struggle with undernutrition problem, which can be overcome by antioxidants, thus increasing the demand for antioxidants in the pharmaceutical industry. Adding antioxidants to feed increases its quality and effectiveness; hence, BHT and BHA are highly used in animal feed additives. These factors are responsible to drive the growth of the global antioxidants market.
The outbreak of COVID-19 has negatively affected the manufacturing activities and disrupted the distribution network of the antioxidants market globally. People were forced to stay in their homes to limit the spread of the disease. Government’s stringent rules regarding social distancing and complete lockdowns resulted in huge losses for vendors operating in the market. All the major key players and other sales channel were closed during the lockdown period. However, a V-shaped recovery is expected in the post-COVID-19 period.
The report segments the market based on type, form, application, and region. On the basis of type, the market is segmented as natural antioxidants and syndicate antioxidants. By form, the market is classified as dry and liquid. On the basis of application, the market is divided as food & feed additives, pharmaceuticals & personal care products, fuel & lubricant additives, plastic, rubber, & latex additives and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players in the antioxidants industry include Archer-Daniels-Midland Company, BASF SE, E.I.DuPont El Nemours and Company, Barentz International BV, Kalsec Inc., Kemin Industries, Inc., Koninklijke DSM N.V., Nutreco N.V., Cargill Incorporated, Aland (Jiangsu) Nutraceutical Co. Ltd., and Naturex S.A.

Key Market Benefits for Stakeholders
• The report provides extensive analysis of the current & emerging trends and opportunities in the antioxidants market.
• The report provides detailed qualitative and quantitative analyses of current trends and future estimations, which help to understand the prevailing market opportunities.
• A comprehensive analysis of factors that drive and restrict the growth of the antioxidants market is provided in the study.
• An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
• The report provides extensive qualitative insights on the potential & niche segments as well as countries exhibiting favorable growth.