Global Antioxidant Vitamin Market, By Product (Natural Antioxidants and Synthetic Antioxidants), Type (Medical Grade and Food Grade), Application (Pharmaceuticals, Food and Beverages, Feed Additives, Cosmetics and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Antioxidant Vitamin Market
Data Bridge Market Research analyses that the global antioxidant vitamin market will project a CAGR of 5.95% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, ever-rising population around the globe, rising consumer consciousness towards high quality and nutritional food items, surging deficiency of vitamin A, B and E and increasing personal disposable income are the major factors attributable to the growth of antioxidant vitamin market.
Antioxidants are consumed to prevent the oxidation process which is responsible for damaging the cells. Antioxidants are used as vitamin supplements to meet the deficiencies. Vitamin deficiency can lead to a wide range of diseases and disorders such as night blindness, scurvy, rickets and so on. Antioxidants can be sourced both naturally and synthetically. However, consumption of synthetic antioxidants accompanies a whole lot of side effects. Antioxidant vitamins are further consumed to combat various respiratory diseases, cardiac diseases, cancer symptoms and other inflammatory ischemic conditions. Antioxidants vitamins improve the level of immunity in an individual coupled with improving the functioning of vital bodily organs. Antioxidants vitamins are used as vital ingredients in food and beverage items and pharmaceutical drugs.
Surging health awareness, increasing demand for dietary supplements among the population and rising globalization are the major factors fostering the growth of the antioxidant vitamin market. Changing and evolving lifestyle, growth in the penetration of e-commerce platforms especially in the developing economies and growing investment and product approval by regulatory authorities are other important factors acting as antioxidant vitamin market growth determinants. Rising risks of various diseases, surging preference for natural and organic food sources by consumers, recent technological advancements in the healthcare sector and rising focus of the pharmaceutical drug manufacturers on the application of natural antioxidants such as rosemary extract will further induce growth in the antioxidant vitamin market value.
However, high costs of natural antioxidant vitamins and stiff competition from synthetic antioxidant vitamins will pose a major challenge to the growth of the antioxidant vitamin market. Also, strict rules and regulations associated with the application of synthetic antioxidants in the beverages will also hamper the antioxidant vitamin market growth rate.
This antioxidant vitamin market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on antioxidant vitamin market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Antioxidant Vitamin Market Scope and Market Size
The antioxidant vitamin market is segmented on the basis of product, type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the antioxidant vitamin market is segmented into natural antioxidants and synthetic antioxidants. Natural antioxidants segment is sub-segmented into rosemary extract, vitamin C, vitamin E, vitamin A, polyphenols, carotenoids and others. Synthetic antioxidants segment is sub-segmented into butylated hydroxyanisole, butylated hydroxytoluene, and others.
- On the basis of type, the antioxidant vitamin market is divided into medical grade and food grade.
- On the basis of application, the antioxidant vitamin market is divided into pharmaceuticals, food and beverages, feed additives, cosmetics and others.
Antioxidant Vitamin Market Country Level Analysis
The antioxidant vitamin market is analyses and market size, volume information is provided by country, product, type and application as referenced above.
The countries covered in the antioxidant vitamin market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific region dominates the antioxidant vitamin market and will continue to during the forecast period owing to the heavy investments in countries like China and India for research and development activities. Asia-Pacific is set to undergo substantial gains and will score the highest CAGR for the forecast period owing to the growth and expansion of food and beverages industry, rising application in the pharmaceutical drugs and increasing personal disposable income.
The country section of the antioxidant vitamin market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Antioxidant Vitamin Market Share Analysis
The antioxidant vitamin market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to antioxidant vitamin market.
The major players covered in the antioxidant vitamin market report are Jarrow Formulas, Inc., NOW Foods, Nature’s Bounty., Bactolac Pharmaceutical, Inc., Bionova., DSM, BASF SE, DuPont., ADM, Cargill, Incorporated, Kalsec Inc., Kemin Industries, Inc., Eastman Chemical Company, Bio Botanica, Inc., Sunfood, Biolife Technologies, ABH nature's products., TVS Biotech., Garden of Life and Bausch & Lomb Incorporated among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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