Global Natural Antioxidants Market Dynamics, Business Insights And Forecast To 2033


Posted January 2, 2024 by SushmithaTBRC

The natural antioxidants market size has grown strongly in recent years. It will grow from $2.51 billion in 2023 to $2.73 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%.

 
The Natural Antioxidants Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).

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https://www.thebusinessresearchcompany.com/report/natural-antioxidants-global-market-report


In accordance with The Business Research Company’s comprehensive analysis presented in the Natural Antioxidants Global Market Report 2024, the robust ascent of the natural antioxidants market is evident. Its dimensions have burgeoned significantly in recent times, surging from $2.51 billion in 2024 to an anticipated $2.73 billion by the same year, manifesting a commendable compound annual growth rate (CAGR) of 9.1%. This trajectory in the historical context finds its roots in heightened consumer awareness, an upswing in chronic diseases, escalating demand for natural and organic edibles, a predilection for clean label products, and the fortuitous alignment with favorable regulations and policies.

Foretelling the narrative of the near future, the natural antioxidants market is poised for an even more remarkable trajectory. Projections indicate a burgeoning valuation of $4.06 billion by 2028, driven by an imposing CAGR of 10.4%. This forecasted expansion stems from a confluence of factors, including an escalating demand for plant-based sustenance, an upsurge in the preference for fortified foods and beverages, a heightened interest in natural and organic personal care products, the implications of an aging population, and a growing enthusiasm for functional foods and nutraceuticals. Notable trends in this foresightful span encompass the nuances of customization and personalization, the emergence of novel ingredients, strategic partnerships and collaborations, heightened investments in the research and development of innovative natural antioxidant sources, and a palpable embrace of sustainable and eco-friendly production practices. The landscape is indicative of a vibrant and evolving market, characterized by a harmonious blend of consumer preferences and industry innovations.

Increasing awareness of lifestyle diseases such as obesity, cardiovascular diseases, and diabetes is expected to propel the growth of the natural antioxidants market in the forecast period. As people are becoming more aware of lifestyle diseases, they are adopting healthy lifestyles and striving to improve their dietary habits, which boosts the demand for natural antioxidants. Antioxidant-rich foods may lower the risk of a variety of diseases including heart disease and certain cancers. Natural antioxidants scavenge free radicals from bodily cells, preventing or reducing oxidative damage. For instance, in October 2022, the Centers for Disease Control and Prevention, a US-based national public health agency, 6 in 10 Americans are suffering from at least one chronic disease like cardiovascular, cancer, and diabetics. Therefore, the increasing awareness of lifestyle diseases drives the growth of the natural antioxidants market.

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The natural antioxidants market covered in this report is segmented –
1) By Product: Vitamin E, Vitamin C, Carotenoids, Polyphenols
2) By Source: Plant, Petroleum
3) By Form: Dry, Liquid
4) By Application: Personal Care, Food And Beverages, Animal Feed, Other Applications

Major companies operating in the natural antioxidants market are entering into strategic partnerships to expand their reach in geographies. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in November 2021, A&B Ingredients, a US-based clean label manufacturer and supplier of functional ingredients, including natural antioxidants, partnered with BDF Natural Ingredients, a biotech company specialized in the research, manufacture, and commercialization of innovative and technological additives for the food and nutrition and cosmetics industries. Through this partnership, A&B Ingredients will distribute PROBIND® Transglutaminase Enzyme, BDF's innovative enzyme ingredients, to the North American market.

The natural antioxidants market report table of contents includes:
1. Executive Summary
2. Natural Antioxidants Market Characteristics
3. Natural Antioxidants Market Trends And Strategies
4. Natural Antioxidants Market - Macro Economic Scenario
5. Global Natural Antioxidants Market Size and Growth


.....
31. Global Natural Antioxidants Market Competitive Benchmarking
32. Global Natural Antioxidants Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Natural Antioxidants Market
34. Natural Antioxidants Market Future Outlook and Potential Analysis
35. Appendix

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Last Updated January 2, 2024