The analysts forecast global natural antioxidants market to grow at a CAGR of 9.58% during the period 2017-2021. One trend in the market is growing consumption in cosmeceuticals. Cosmeceuticals are cosmetics with pharmacological benefits. Consumers today are more concerned about their appearance and are very specific in their needs and are ready to try products that offer better benefits including herbal products. Resveratrol, a polyphenol derived from plants, is an antioxidant used in cosmeceutical serums. —
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Major key players in the global natural antioxidants market: Adisseo, Archer-Daniels-Midland, Cargill, DuPont, Royal DSM, AB Vista, Ajinomoto OmniChem, BASF, BTSA, Eastman Chemical Company, IMCD, Kalsec, Kemin Industries, Naturex, SEPPIC, Synthite Industries, and Prinova Group.
According to the report, one driver in the market is increased consumption of processed food. The fast-moving, metropolitan lifestyle in cities is fostering the consumption of packaged food items. Processed food, ready to eat (RTE) food, and beverages are quite convenient and popular among consumers. The global frozen food market, which includes the majority of RTE and bakery food items, is expected to grow at a CAGR of 4.5% during the forecast period. Furthermore, the global breakfast cereal market is expected to grow at a CAGR of more than 4% during the forecast period. Consumers look for healthy and nutritious processed food products. The food and beverage industry players are providing processed food with high nutrition and long shelf life.
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Further, the report states that one challenge in the market is high product cost. Raw materials used for the extraction of natural antioxidants, such as vitamin E, are quite costly. This eventually leads to the increase in the cost of the final product. For instance, the production costs of tocopherol, which belongs to the family of vitamin E compounds, has increased in the past five years. This is due to the limited supply of vegetable oil. Tocopherol is manufactured from vegetable oil. The limited supply vegetable oil can be attributed to the high consumption of vegetable oil in many other industries. In addition, vegetable oil is also used for cooking. Complete report available at http://www.reportsnreports.com/reports/1264059-global-natural-antioxidants-market-2017-2021.html.
Few Points from List of Exhibits:
Exhibit 1: Market Segments
Exhibit 2: Global Natural Antioxidants Market Market Size and Forecast 2016-2021 ($ Mn)
Exhibit 3: Global Natural Antioxidants Market Year-Over-Year Growth 2017-2021 (%)
Exhibit 4: Five Forces Analysis
Exhibit 5: Global Natural Antioxidants Market by Application Market Share 2016-2021 (%)
Exhibit 6: Comparison by Application
Exhibit 7: Global Natural Antioxidants Market by Food and Beverages Market Size and Forecast 2016-2021 ($ Mn)
Exhibit 8: Global Natural Antioxidants Market by Food and Beverages Year-Over-Year Growth 2017-2021 (%)
Exhibit 9: Global Natural Antioxidants Market by Pharmaceuticals Market Size and Forecast 2016-2021 ($ Mn)
Exhibit 10: Global Natural Antioxidants Market by Pharmaceuticals Year-Over-Year Growth 2017-2021 (%)
Exhibit 11: Global Natural Antioxidants Market by Animal Feeds Market Size and Forecast 2016-2021 ($ Mn)
Exhibit 12: Global Natural Antioxidants Market by Animal Feeds Year-Over-Year Growth 2017-2021 (%)
Exhibit 13: Global Natural Antioxidants Market by Personal Care Market Size and Forecast 2016-2021 ($ Mn)
Exhibit 14: Global Natural Antioxidants Market by Personal Care Year-Over-Year Growth 2017-2021 (%)
Exhibit 15: Market Opportunity by Application
Exhibit 16: Type Market Share 2016-2021 (%)
Exhibit 17: Comparison by Type
Exhibit 18: Global Natural Antioxidant Market by Vitamin C-Based Market Size and Forecast 2016-2021 ($ Mn)
Exhibit 19: Global Natural Antioxidant Market Vitamin C-Based Year-Over-Year Growth 2017-2021 (%)
Exhibit 20: Global Natural Antioxidant Market by Vitamin E-Based Market Size and Forecast 2016-2021 ($ Mn)
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