Natural antioxidants are obtained entirely from natural
sources. They are abundantly available in in a wide of natural sources
including plants, fruits, meats, herbs, and spices. Natural oxidants are
naturally sourced additives capable of delaying or preventing the rancidity of
food due to oxidation, which also assist in lengthening the shelf-life of the
products. Natural oxidants are applicable in wide range of industries including
bakery & confectionery, dairy & frozen desserts, beverages, oil and
fats, sweet & savory snacks, sports nutrition, meat products and others.
Natural
Antioxidants Market Share
Market Forecast:
Natural
antioxidant is gaining popularity in the convenience food industry by its
multiple applications such as to increase the shelf life, nutrition and product
appearance. Owning to rising demand for clean label products, natural food
antioxidants is anticipated to gain substantial growth over the forecast
period.
Increasing health awareness and inclination towards
consumption of organic foods is also driving the growth of the market. Moreover,
growing trend of organic personal care products is adding fuel to the growth of
the market. Additionally, continuous innovations and new product launches by
key players is having a positive impact on the growth of the market. However,
cheap substitute of natural antioxidant may hamper the growth of the market.
Nevertheless, all these factors are projected to contribute to the estimated
CAGR of 8.5% of natural antioxidants market during the forecast period
2017-2023.
Downstream Analysis:
On
the basis of source, natural antioxidants market is segmented into vitamin C,
vitamin E, polyphenol, carotenoid and others. Among all, vitamin C is projected
to be dominating the market followed by vitamin E. High awareness about the
benefits associated with vitamin C among the consumers is driving the growth of
this segment. However, polyphenol based natural oxidants are projected to gain
moderate growth over the forecast period.
Based on the application, natural antioxidants is segmented
into bakery and confectionery, dairy and frozen desserts, beverages, oil and
fats, sweet and savory snacks, sports nutrition, meat products and others.
Among all, meat products segment is dominating the market owing to easy
degradation of these products. However, the sports nutrition segment is
expected to witness a substantial growth in the coming years followed by dairy
and frozen desserts market.
Competitive Analysis:
The
major players in the Natural Antioxidants Market,
- Archer
Daniels Midland Company (U.S.)
- DSM
(The Netherlands)
- BASF
(Germany)
- DuPont
Nutrition & Health (Denmark)
- AJINOMOTO
(Japan)
- Adisseo
(China)
- Hansen
(Denmark)
Complete Report Details @ https://www.marketresearchfuture.com/reports/natural-antioxidants-market-5129
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