Antioxidants Market Share, Segmentation, Report 2024

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Antioxidants Market Share, Segmentation, Report
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Application Analysis of Antioxidants Market

• Antioxidants Market has witnessed strong growth
  and is anticipated to grow at a healthy CAGR
  during the forecast period. Rising product demand
  in the cosmetic industry is has been a vital
  factor for growing antioxidants market size over
  the past few years. It is attributed to the fact
  that the product is extensively used in
  manufacturing anti-ageing creams, hair care
  products, etc. Improving socioeconomic factors
  primarily in the Asia Pacific has propelled
  cosmetics industry. These trends are expected to
  continue due to rising demand for cosmetic
  products which in turn would facilitate the
  antioxidants market size over the projected time
  spell.
• Product finds wide-ranging applications in food
  beverage industry as it is used to extend the
  shelf life to prevent them from deteriorating
  quickly. Rising demand for frozen food products
  owing to changing life styles in the emerging
  economies has propelled product demand which will
  subsequently drive antioxidants market size by
  2024. Rising meat consumption across the globe
  will propel product demand to preserve it for an
  extended period. For instance, according to FAO,
  global meat consumption was 41.3 kg per capita
  which is likely to reach over 45.3 kg per capita
  by the end of 2030 and henceforth will help
  attain prominent antioxidants market size in the
  coming years

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Application Analysis of Antioxidants Market

• Stringent government regulations against product
  use is likely to hamper antioxidants market size
  over the projected time span. Mounting product
  prices is another factor which is probable to
  hinder the overall antioxidants market size
  during the forecast period. However, propelling
  product demand across various end-user industries
  including cosmetics, food beverage, bakery
  confectionary, etc. and adequate supply may
  counter the pricing effects and henceforth will
  generate plentiful opportunities for the
  antioxidants market size in the coming years.
• Based on form, antioxidants market size is
  divided into two forms including dry and liquid.
  Antioxidants market size based on product is
  segmented into synthetic and natural. Synthetic
  antioxidant market size attained a prominent
  market share owing to its easy availability in
  the market. It is further segmented into
  Butylated Hydoxyanisole, Butylated Hydroxytoluene
  and others which include Tert Butyl hydroquinone.
  Natural antioxidants market size is further
  divided into Vitamin A, Vitamin C, Vitamin E and
  rosemary extracts.

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Continue.

• Based on application, the antioxidants market
  size is segmented into packaged food, beverages,
  personal care, bakery confectionary, oil fats
  and pharmaceuticals. Changing consumer lifestyles
  primarily in the Asia Pacific has propelled
  demand for packaged food products which in turn
  will drive antioxidants market size by 2024. It
  is used to improve the shelf life of food items
  for an extended period. Product is also used to
  manufacture anti-ageing creams as it possesses
  excellent properties of neutralizing free
  radicals on the skin which are produced from
  sunlight, street air, pollution, etc. and
  henceforth rising demand for such products among
  middle aged men and women will contribute
  significantly towards antioxidants market size
  during the forecast period.

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Competitive Market Share of Antioxidants Market

• BASF SE
• Frutarom Ltd.
• Kemin Industries Inc.
• Archer Daniels Midland Company
• Barentz Group
• Kalsec Inc.
• Eastman Chemical Company
• Camlin Fine Sciences Ltd.
• E.I. Du Pont De Nemours

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Reigonal Analysis of Antioxidants Market

• Improving consumer lifestyles in the Asia Pacific
  will register significant antioxidants market
  size during the forecast period. This is
  attributed to rising socio-economic factor which
  will propel food and personal care products
  demand over the projected time spell.
• Cosmetics industry is probable to grow at a CAGR
  of over 4 which will drive antioxidants market
  size by 2024. Furthermore, growing population in
  the region along with changing consumption
  patterns would drive demand for packaged food and
  beverage which in turn will have positive
  influence on the industry share over the
  projected timespan. North America and Europe are
  anticipated to register sluggish growth as the
  market is already mature and will witness
  moderate gains in the coming years.

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