ANTIOXIDANTS MARKET ANALYSIS

Antioxidants Market, By Type (Natural Antioxidants and Synthetic Antioxidants), By Form (Dry Antioxidants, Liquid Antioxidants, and Others), By Application (Food and Beverage Additives, Pharmaceuticals and Personal Care Products, Fuel and Lubricant Additives, Plastic Additives, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Nov 2024
Code : CMI3997
Pages :100
Formats :
Excel and PDF
Industry : Food Ingredients

Key Takeaways from Analyst

The increasing health-conscious consumer base along with rising application scope in the food, pharmaceutical, and cosmetic industries will predominantly drive the market growth. Rapid urbanization and growing awareness about food preservation is compelling food manufacturers to increase antioxidants usage.

Geographically, the Asia Pacific is projected to witness the highest gains and emerge as the dominating region. Expanding middle-class population, rising per capita disposable income and growing health supplements preference in China and India will offer abundant opportunities. North America will continue its dominance aided by strong research and development activities. Whereas, Europe will exhibit steady growth attributable to robust food processing industry.