AntioxidantsMarket: Introduction
In terms ofvalue, the global antioxidantsmarket is anticipated to expand at a CAGR of 5% from 2019to 2027. Antioxidants prevent damage to free radical-inducedtissues by preventing formation of radicals, promoting their decomposition, orby scavenging them. Damage to cells affected by free radicals plays a centralrole in the aging process and disease progression. Antioxidants are used as adefense against the free radical damage. The demand for antioxidants in thefood & feed industry is increasing rapidly across the globe. This hasresulted in extensive usage of numerous types of antioxidants in food & feedproduction.
Rise in Adoption of Antioxidantsfor Meat Products
Rise inconsumption of meat in various developed and developing countries is a keyfactor anticipated to propel the demand for natural antioxidants in the globalmeat industry during the forecast period. Increase in demand for ready-to-eatmeat products, owing to their high protein content, is one of the prominentfactors driving the global antioxidants market. Furthermore, increase in percapita income in developing countries and rise in demand for frozen meatproducts, especially among the working population, are estimated to augment theglobal meat market during the forecast period. This, in turn, is projected toaugment the antioxidants market.
Request Sample
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=760
Preference for Natural Antioxidants
Based onproduct, the global antioxidants market has been bifurcated into natural andsynthetic. The natural segment is expected to expand at a CAGR of 5.4% duringthe forecast period. Natural antioxidants are primarily preferred for diseaseprevention. These antioxidants are categorized into four types: vitamin A,vitamin C, vitamin E, and rosemary extract. Natural antioxidants contain activecompounds, which use antioxidative potential in meat products. The antioxidantaction takes place, owing to the presence of synthetic acids, syntheticditerpenes, and flavonoids & volatile oils. Natural antioxidants areprimarily distributed in medicinal and food plants. Natural antioxidants,particularly carotenoids and polyphenols, exhibit various biological effects,including anti-aging, anti-inflammatory, anticancer, and anti-atherosclerosis.The proper assessment and effective extraction of antioxidants from medicinaland food plants plays an important role in exploring potential antioxidantfoundations and promoting applications in pharmaceuticals, functional foods,and food additives.
Rubber & Latex Additives to beMajor Application Area of Antioxidants
Based onapplication, the global antioxidants market has been segregated into food &feed additives, pharmaceutical & personal care products, plastic additives,rubber & latex additives, fuel & lubricant additives, and others(including inks, paints & coatings, adhesives & sealants, metallurgy).The rubber & latex additives segment accounted for more than 30% shareof the global antioxidants market in 2018. Antioxidantsare chemicals that help protect rubber articles against attack from oxygen.This is a key factor expected to increase the adoption of antioxidants in therubber & latex industry.
More Trending Reports
Asia Pacific to be Lucrative Regionof Antioxidants Market
In terms ofconsumption, Asia Pacific dominated the global antioxidants market in 2018. Themarket in the region is expected to expand at a rapid pace from 2019to 2027. Rapid urbanization, rise in consumption ofpharmaceutical products, expansion in construction and infrastructureindustries, strong economic growth, and growth in meat consumption are majormacroeconomic factors that are projected to fuel the demand for antioxidants inthe near future. Increase in consumption of antioxidants in applications inplastic and rubber industries is also estimated to drive the market in AsiaPacific. The rubber & latex additives segment in Asia Pacific, particularlyin India and China, is likely to witness moderate growth in consumption ofantioxidants in the next few years. In terms of consumption, North America isexpected to be a vital region of the global antioxidants market during theforecast period
Request Covid19 analysis on thismarket
https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=760
CompetitionLandscape
The globalantioxidants market was highly fragmented in 2018, with numerous manufacturersoperating in the market. SONGWON Industrial Group, BASF SE, Solvay S.A.,Clariant AG, ADEKA Corporation, and Evonik Industries AG are the leadingcompanies that accounted for more than 70% share of the market in 2018.Manufacturers operating in the global antioxidants market include SONGWON Industrial Group, BASF SE, Solvay S.A., Clariant AG, ADEKACorporation, Evonik Industries AG, 3V Sigma USA Inc., Rianlon Corporation,Everspring Chemical Co., Ltd., SI Group, Inc., Oxiris Chemicals S.A., DoverChemical Corporation, Double Bond Chemical Ind. Co., Ltd., TAIWAN DYESTUFFS& PIGMENTS CORP., Beijing Tiangang Auxiliary Co., Ltd., Dalian RichfortuneChemicals Co., Ltd., and Chitec Technology Co., Ltd.
Buy Now
https://www.transparencymarketresearch.com/checkout.php?rep_id=760<ype=S
