About Antioxidant
Antioxidants are either natural or synthetic that delay or provide protection from any cell damages or health problems like high blood pressure, cancer, cataracts, etc. Vegetable and fruits which are high in antioxidants are healthy however this is not yet confirmed that antioxidants products are beneficial in preventing the chronic diseases and high dosage of antioxidants is not necessarily be good in preventing the problems but it can impact adversely to the health. There are some regulatory factors associated with use of antioxidants in animal nutrition.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Antioxidant market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance, The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Antioxidant market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DSM (Netherlands), Archer Daniels Midland (United States), DuPont Danisco (Denmark), Naturex SA (France), Kemin Industries (United States), Cargill (United States), Raschig (United States), Oxiris Chemicals (Spain) and Songwon Industrial (South Korea) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Antioxidant market by Type (Natural antioxidants and Synthetic antioxidants), Application (Pharmaceutical, Food and beverage, Feed Additive, Cosmetic and Others) and Region.
On the basis of geography, the market of Antioxidant has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channels, the sub-segment i.e. Supermarkets will boost the Antioxidant market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing use of Antioxidants as Feed Additives for Cattles and other Pet Animals and Growth of Ecommerce is increasing the Demand for the Antioxidant rich Products
Market Growth Drivers:
Growing Demand for Processed Food and Increasing Awareness about Health-related issues
Challenges:
Demand for Sustainability in Antioxidant Products
Restraints:
High dosage of Antioxidants might impact the Health and Government Regualtory Norms regarding the Consumption of Antioxidants
Opportunities:
Increasing Demand in Cosmetic and Beauty Products and Continuous Research and Development for Antioxidants
Market Leaders and their expansionary development strategies
In November 2021. ADM acquired Deerland Probiotics & Enzymes. ADM is a global nutrition and agricultural origination and processing provider. This acquisition helped ADM to expand its presence in antioxidant market
In June 2022, DSM begun customer sampling of the world’s first fully bio-based Vitamin A. the company’s scientists and the development of a proprietary manufacturing process that has been perfected for initial use in environmentally-conscious cosmetics products. This strategic step helped company to expand its presence in antioxidant market
According to Regulation (EC) No 1831/2003, antioxidants in animal nutrition is considered as “technological additives” and “substances that prolong the shelf life of feed and feed materials, protecting them against spoilage caused by oxidation. ” and As per the regulations the European Union on the use of additives in animal feed, livestock production has an important place in the agriculture of the community, and part of the benefits of this livestock production is due to the use of safe and good quality feed, a good feeding of the animals, which will ultimately affect the health of the citizens.
Key Target Audience
Antioxidant Manufactures, Antioxidant Distributors and Suppliers, Antioxidant International traders, Research and Development, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.