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Antioxidants Market by Type (Natural Antioxidants, Synthetic Antioxidants), Form (Dry, Liquid), Application (Food and Feed Additives, Pharmaceuticals and Personal Care Products, Fuel and Lubricant Additives, Plastic, Rubber, and Latex Additives, and Others), and Region 2023-2028

July 2023 | 139 pages | ID: A81BB495275FEN
IMARC Group

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Market Overview:

The global antioxidants market size reached US$ 3.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.10% during 2023-2028. The rising health consciousness among consumers, escalating demand for functional foods and beverages, and the increasing product adoption in the cosmetic and personal care industry represent some of the key factors driving the market.

Antioxidants are molecules that can inhibit or neutralize the harmful effects of free radicals in the body. Free radicals are highly reactive compounds that can cause oxidative damage to cells and tissues that can cause various chronic diseases, aging, and other health issues. Antioxidants provide electrons to the free radicals, thereby stabilizing them and preventing them from causing damage. They can also help regenerate other antioxidants in the body. They can be obtained through a balanced diet rich in vegetables, whole grains, fruits, nuts, and seeds. They are also available as dietary supplements formulated in the form of capsules, tablets, or powders to provide antioxidant support and promote overall health and well-being. Besides this, antioxidants are commonly used in the food and beverage industry to prevent oxidation and extend the shelf life of products. Additionally, the versatility and beneficial properties of antioxidants make them valuable components in a wide range of products and formulations, which is escalating their demand across the globe.

Antioxidants Market Trends:
The market is primarily driven by the growing consumer awareness about the health benefits of antioxidants. Antioxidants help neutralize harmful free radicals, reducing the risk of chronic diseases like cardiovascular diseases, cancer, and neurodegenerative disorders. In addition, there is a growing demand for functional foods and beverages that provide additional health benefits beyond basic nutrition. Antioxidants are commonly added to such products to enhance their nutritional profile and promote health. As a result, consumers are seeking products that offer natural antioxidants, such as fruits, vegetables, and plant extracts, as they are considered healthier alternatives to synthetic additives, representing another major growth-inducing factor. Besides this, antioxidants are widely used in the cosmetics and personal care industry due to their beneficial effects on skin health. They help in neutralizing free radicals, reducing oxidative stress, and protecting the skin from environmental damage. Moreover, various advancements in extraction technologies and formulation techniques have expanded the range of antioxidant-rich ingredients for use in various applications. This, coupled with the rising product adoption in the pharmaceutical industry to prevent oxidative degradation of drugs and maintain their potency and stability, is contributing to market growth. Furthermore, antioxidants are added to animal feed and pet food to prevent the oxidation of fats, oils, and other nutrients, ensuring the nutritional quality and palatability of the feed. On account of these factors, the market is expected to witness positive growth in the coming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global antioxidants market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on type, form, and application.

Type Insights:

Natural Antioxidants
Synthetic Antioxidants

The report has provided a detailed breakup and analysis of the antioxidants market based on the type. This includes natural antioxidants and synthetic antioxidants. According to the report, synthetic antioxidants represented the largest segment.

Form Insights:

Dry
Liquid

A detailed breakup and analysis of the antioxidants market based on the form has also been provided in the report. This includes dry and liquid. According to the report, liquid accounted for the largest market share.

Application Insights:

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

A detailed breakup and analysis of the antioxidants market based on the application has also been provided in the report. This includes food and feed additives; pharmaceuticals and personal care products; fuel and lubricant additives; plastic, rubber, and latex additives; and others. According to the report, plastic, rubber, and latex additives accounted for the largest market share.

Regional Insights:

North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for antioxidants. Some of the factors driving the Asia Pacific antioxidants market included the escalating demand for organic cosmetics, increasing product utilization in dietary supplements and the growing preference for functional foods and beverages.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global antioxidants market. Detailed profiles of all major companies have been provided. Some of the companies covered include 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. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:
How has the global antioxidants market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global antioxidants market?
What is the impact of each driver, restraint, and opportunity on the global antioxidants market?
What are the key regional markets?
Which countries represent the most attractive antioxidants market?
What is the breakup of the market based on the type?
Which is the most attractive type in the antioxidants market?
What is the breakup of the market based on the form?
Which is the most attractive form in the antioxidants market?
What is the breakup of the market based on the application?
Which is the most attractive application in the antioxidants market?
What is the competitive structure of the global antioxidants market?
Who are the key players/companies in the global antioxidants market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL ANTIOXIDANTS MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY TYPE

6.1 Natural Antioxidants
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Synthetic Antioxidants
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY FORM

7.1 Dry
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Liquid
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1 Food and Feed Additives
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Pharmaceuticals and Personal Care Products
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Fuel and Lubricant Additives
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Plastic, Rubber, and Latex Additives
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Others
  8.5.1 Market Trends
  8.5.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 DRIVERS, RESTRAINTS, AND OPPORTUNITIES

10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 ADEKA Corporation
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
    14.3.1.3 Financials
  14.3.2 Adishank Chemicals Pvt. Ltd.
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
  14.3.3 BASF SE
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4 Camlin Fine Sciences Ltd.
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
  14.3.5 Cargill Incorporated
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 SWOT Analysis
  14.3.6 Eastman Chemical Company
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
    14.3.6.4 SWOT Analysis
  14.3.7 ICC Industries Inc.
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
  14.3.8 Kalsec Inc.
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
  14.3.9 Kemin Industries Inc.
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
  14.3.10 Khera Chemical Industries
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
  14.3.11 Koninklijke DSM N.V
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
    14.3.11.3 Financials
    14.3.11.4 SWOT Analysis
  14.3.12 Trigon Antioxidants Pvt. Ltd.
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Antioxidants Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Antioxidants Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Antioxidants Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 4: Global: Antioxidants Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Antioxidants Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Antioxidants Market: Competitive Structure
Table 7: Global: Antioxidants Market: Key Players

LIST OF FIGURES

Figure 1: Global: Antioxidants Market: Major Drivers and Challenges
Figure 2: Global: Antioxidants Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Antioxidants Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Antioxidants Market: Breakup by Type (in %), 2022
Figure 5: Global: Antioxidants Market: Breakup by Form (in %), 2022
Figure 6: Global: Antioxidants Market: Breakup by Application (in %), 2022
Figure 7: Global: Antioxidants Market: Breakup by Region (in %), 2022
Figure 8: Global: Antioxidants (Natural Antioxidants) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Antioxidants (Natural Antioxidants) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Antioxidants (Synthetic Antioxidants) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Antioxidants (Synthetic Antioxidants) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Antioxidants (Dry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Antioxidants (Dry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Antioxidants (Liquid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Antioxidants (Liquid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Antioxidants (Food and Feed Additives) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Antioxidants (Food and Feed Additives) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Antioxidants (Pharmaceuticals and Personal Care Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Antioxidants (Pharmaceuticals and Personal Care Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Antioxidants (Fuel and Lubricant Additives) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Antioxidants (Fuel and Lubricant Additives) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Antioxidants (Plastic, Rubber, and Latex Additives) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Antioxidants (Plastic, Rubber, and Latex Additives) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Antioxidants (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Antioxidants (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: North America: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: North America: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: United States: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: United States: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Canada: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Canada: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Asia-Pacific: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Asia-Pacific: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: China: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: China: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Japan: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Japan: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: India: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: India: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: South Korea: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: South Korea: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Australia: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Australia: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Indonesia: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Indonesia: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Others: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Others: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Europe: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Europe: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Germany: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Germany: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: France: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: France: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: United Kingdom: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: United Kingdom: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Italy: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Italy: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Spain: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Spain: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Russia: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Russia: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Others: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Others: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Latin America: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Latin America: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Brazil: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Brazil: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Mexico: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Mexico: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Others: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Others: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Middle East and Africa: Antioxidants Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Middle East and Africa: Antioxidants Market: Breakup by Country (in %), 2022
Figure 74: Middle East and Africa: Antioxidants Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Global: Antioxidants Industry: Drivers, Restraints, and Opportunities
Figure 76: Global: Antioxidants Industry: Value Chain Analysis
Figure 77: Global: Antioxidants Industry: Porter's Five Forces Analysis


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