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 Growth
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)
Regional Analysis:
The
global Natural antioxidants market is segmented into North America, Europe,
Asia Pacific, and rest of the world (RoW). Asia Pacific is anticipated to be
dominating the natural antioxidants market. India, China and Australia are the
major contributors in the growth of natural antioxidants market in this region.
Rising health awareness is further boosting the growth of natural antioxidants
market in this region.
North America is projected to be the second largest market
followed by Europe. High inclination towards functional food and beverages in
the U.S. is driving the growth of natural antioxidants in this region. Latin
America and MEA is also expected to grow in natural antioxidants market over
the estimated period.
Complete Report Details @ https://www.marketresearchfuture.com/reports/natural-antioxidants-market-5129
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