According to the latest report by IMARC Group, titled, Antioxidants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028The study provides a detailed analysis of the industry, including the globalantioxidants market trends, share, size and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the antioxidants market?

What is antioxidants?

Antioxidants refer to molecules that can neutralize or inhibit the harmful effects of free radicals in the body. They provide electrons to the free radicals, thereby preventing them from causing damage. Antioxidants can also help to regenerate other molecules in the body. They can be obtained via a balanced diet that comprises vegetables, whole grains, fruits, nuts, seeds, etc. Antioxidants are also commonly available as dietary supplements that are formulated in the form of tablets, capsules, or powders to promote overall health and well-being. They are widely used in the food and beverage (FB) industry to prevent oxidation and extend the shelf life of products. Antioxidants provide versatility and other beneficial properties, which in turn, make them valuable components in numerous products and formulations.

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What are the growth prospects and trends in the antioxidants industry?

The increasing demand for functional foods and beverages that offer additional health benefits is primarily driving the antioxidants market. Moreover, the widespread adoption of antioxidants, as they aid in minimizing the risk of cancer, diabetes, neurodegenerative disorders, etc., is further bolstering the market growth. Besides this, the rising usage of natural antioxidants, such as vegetables, fruits, plant extracts, etc., as they are considered healthier alternatives to synthetic additives, is acting as another significant growth-inducing factor. Additionally, antioxidants are also added to animal feed and pet food to prevent the oxidation of oil, fats, and other nutrients. Apart from this, they are widely utilized in the pharmaceuticals industry to avoid oxidative degradation of drugs and maintain their stability and potency, which is stimulating the market growth. Furthermore, several advancements in extraction technologies and formulation techniques are anticipated to fuel the antioxidants market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

• Natural Antioxidants
• Synthetic Antioxidants

Form Insights:

• Dry
• Liquid

Application Insights:

• Food and Feed Additives
• Pharmaceuticals and Personal Care Products
• Fuel and Lubricant Additives
• Plastic, Rubber, and Latex Additives
• Others

Breakup by Region:

• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

• ADEKA Corporation
• Adishank Chemicals Pvt. Ltd.
• BASF SE
• Camlin Fine Sciences Ltd.
• Cargill Incorporated
• Eastman Chemical Company
• ICC Industries Inc.
• Kalsec Inc.
• Kemin Industries Inc.
• Khera Chemical Industries
• Koninklijke DSM N.V.
• Trigon Antioxidants Pvt. Ltd., etc.

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