Natural Antioxidants Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Natural Antioxidants Market is segmented By Type (Vitamin C, Vitamin E, Carotenoids, Rosemary Extract, Green Tea, Acerola Seed, Pine, Others), By Form (Dry, Liquid), By End-User (Food & Beverages, Animal Feed, Personal Care, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Natural Antioxidants Market Overview

218 pages report analyses the Global Natural Antioxidants Market size, shares, recent trends, competitive intelligence, and future market outlook. Natural Antioxidants usage in food industries is on the rise. Demand from Food & Beverages, Personal Care, Animal Feed in North America is spiking. Competitive rivalry intensifies with Naturex S.A, Cargill, Ajinomoto Co Inc and others operating in the market.

Natural antioxidants are primarily phenolics found in all parts of plants, such as vegetables, fruits, seeds, nuts, roots, and barks. They are additives that can reduce the oxidation reaction in food, preventing the food from becoming sour for a longer period. Consumption of food and plants can reduce the free radicals produced in the body, thus preventing the body from getting caught in several diseases such as cancer, diabetes, inflammatory issues, and heart diseases.

Antioxidants can be present in synthetic form also and are currently widely consumed across the globe. Although owing to some significant side effects of synthetic antioxidants, the trend has shifted to use natural products and, hence, increase the popularity of natural antioxidants.  Some of the most popular and widely used natural antioxidants are vitamin A, vitamin C, lutein, selenium, manganese, lycopene, beta-carotene, and several others.

Natural antioxidants are now playing an essential role across several industries due to their suitability and beneficial properties. They are now gaining popularity in the food industries as a preservative and an additive. Apart from this, natural oxidants are also in greater demand from pharmaceutical industries to produce various supplements.

Natural Antioxidants Market Scope

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Natural Antioxidants Market Dynamics and Trends

The global natural antioxidants market is driven by increasing healthcare awareness among consumers regarding diet. Ensuring proper supplementation to avoid health-related issues has accelerated the market growth in the pharmaceutical sectors. Increasing usage of natural antioxidants in the food & beverages industries has uplifted the market over the past few years.

Increasing healthcare awareness among consumers regarding diet and ensuring proper supplementation to avoid health-related issues has accelerated the pharmaceutical sectors' market growth

Improving awareness among the population for the adoption of proactive individual healthcare practices is uplifting the market of natural antioxidants in recent times. The population is gaining awareness regarding their diet and ensuring the necessary supplementation to avoid any health-related disorder. For instance, vitamin C is heavily used in small doses in pharmaceutical manufacturing as it lowers the risk of cancer and the occurrence of cardiovascular diseases.

Thus this rising awareness has increased the demand for nutraceutical products with antioxidants properties. Increased expenditure by consumers on healthcare coupled with favorable government promotional initiatives improves the global natural antioxidants market demand.

For instance, in 2014, DSM announced the arrival of its new product-elaVida. Polyphenol is made from hydroxytyrosol; it is a high-performance antioxidant that enables better heart health by shielding lipids from oxidative stress.

Increasing usage of natural antioxidants in the food & beverages industries has uplifted the market over the past few years

The food industry is fastest growing industry in natural antioxidant market due to the increasing demand for food with natural additives. Oxidation has a significant impact on food quality, resulting in degradation in nutritional value and appearance, increasing demand for food additives over the years. Changing the consumer lifestyle has increased the demand for food products having a longer shelf life. For instance, vitamin E is extensively used as an additive in manufacturing animal feed as an antioxidant that can be natural synthesized by pigs and poultry. Thus this increased the market of vitamin E market to increase the shelf life of meat and prevent souring and enhance the flavor and aroma of the product.

Besides growing research and growing development in the field is further creating opportunities for the natural antioxidant market to proliferate in the food sector. For instance, the U.S. Agriculture Research Service suggested high diet antioxidants, especially those extracted from strawberries, blueberries, and spinach, to fight from brian loss functioning associated with aging.

Improving the use of natural antioxidants in cosmetic products creates vast opportunities to build a business in the forecast period

As per the various statistical reports, cosmetics and the cosmetics market are estimated to register an annual growth of 25%  by touching USD 20 billion by 2025. Solely Indian cosmeceutical and cosmetics industry holds around USD 6.5 billion from a global market of USD 274 billion. Therefore, these rising numbers are accelerating the key players to bring the most effective product in the market without showing side effects, thus building demand for natural antioxidants due to their excellent skin protection properties.

Many cosmetics key players are using antioxidants in their products as active ingredients. As in oxidation reaction, free radicals are generated, and they start a reaction that will severely damage the skin cell. The increasing number of free radicals can initiate wrinkling elastosis, photoaging, drying, and skin pigmentation. Therefore, natural antioxidants are produced from plants and could control the oxidative stress caused by sunlight and oxygen.

Many manufacturers are making different combinations of plant extract for their commercial cosmetic products. Some plant formulation includes green tea, acerola seed, pine, rosemary, grape seed, basil grape, tomato, blueberry, and milk thistle. The natural antioxidants present in the plants mentioned above are terpene, stilbene, polyphenol, flavonoids, and flavanols. Thus the properties and natural treatment with no side-effect create enormous opportunities for the natural oxidants to hold a bigger volume of market share in the forecast period with increasing population and rising concern towards skin safety.

COVID-19 Impact Analysis on Natural Antioxidants Market

The global natural antioxidants market has shown a slight decline due to the COVID-19 pandemic, as several manufacturing plants were shut for months. Further several countries have restricted production activities during the covid-19 pandemic. The major lockdown due to the COVID-19 outbreak leads to suddenly dropping down consumers' interest towards purchasing any goods, and halt in transportation sectors has severely hampered the business of natural antioxidants market due to disruption in the product's supply chain management.

The majority of businesses are shut down, and operations across several end-users of natural antioxidant products such as food, pharmaceutical, and cosmetics industries are also compromised, thus dropping the product's global demand in 2020.

Natural Antioxidants Market Segmentation Analysis

The global natural antioxidants market is segmented on type, form, end-user and region.

Rising demand for vitamin C for  food, beverages, and supplements applications and growth opportunities for the segment to grow in the cosmetics industry

In terms of types, the global natural antioxidants market can be segmented into vitamin C, vitamin E, carotenoids, rosemary extract, green tea, acerola seed, pine, and others. Vitamin C is expected to dominate in the coming tenure due to the segment's increasing demand among several end-user industries. These are non-toxic due to great importance in pharmaceutical industries, and growing disease has made it a leading consumer of vitamin C in recent times.

For instance, vitamin C is extensively used in small doses in pharmaceutical manufacturing as it lowers the risk of cancer and the occurrence of cardiovascular diseases. Growing demand for food additives increases shelf life and imparts flavor and aroma to the product. For instance, in October 2016, ADM launched a new set of unique fruit and vegetable functional extract.

The new extracts can deliver a concentrated dose of powerful antioxidants, beta-carotene, and anthocyanins in various food, beverages and supplement applications. Apart from this growing demand for vitamin C in different cosmetic industries is creating a room full of opportunities for the segment. Vitamin C is the potent antioxidant that can neutralize the free radical and aid in the human skin's natural regeneration process. It helps the body repair the damaged skin cells naturally.

Global Natural Antioxidants Market Geographical Share

The growing demand for organic and natural products from the U.S. population and the presence of major contributors of the market in the region

North America is expected to dominate the natural antioxidant market in the forecast period. The US is the leader of the market, contributed to the major market share in recent times. The growing demand for organic and natural products from the U.S. population and major contributors to the region's market is more likely to accelerate its growth.

On the other side, Asia-Pacific is expected to grow the natural antioxidants market at the fastest rate in the coming tenure due to a robust manufacturing base of food, beverages, and pharmaceutical industries. China holds the largest vitamin C market in the year 2014. The growing expansion of food and pharmaceutical industries in the region is uplifting the market of vitamin C in the region and the segment's demand.

Natural Antioxidants Market Companies and Competitive Landscape

The natural antioxidants market is highly competitive with the presence of local as well as global companies. Some of the key players contributing to the market's growth include BASF SE, Naturex S.A, Ajinomoto Co Inc, The Archer Daniels Midland Company, Du Pont de Nemours and Company, Chr. Hansen A/S, A & B Ingredients Inc, Koninklijke DSM N.V, Cargill, Naturex and among others.

The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, contributing to the growth of the natural antioxidants market globally. Major key players of the natural antioxidant market use product launch as the key strategy for growing business.

• For instance, in June 2019, BASF SE launched three new sets of bioactive ingredients for the beauty market that use the rambutan tree's unique properties. The product has the potential to hydrate and rejuvenate skin and revitalize hair

The Archer Daniels Midland Company

Overview: ADM is an American multinational food processing and commodities trading corporation. The company was founded in 1902 and the headquarter is in Chicago, US. At present, the company is the leader in human and animal nutrition and the world's premier organization and processing company.  

Product Portfolio: The company has a product portfolio of natural antioxidants that includes:

• NOVATOL: The product is a naturally sourced vitamin E. This product delivers more than a consumer-appealing clean label-and is better retained by the body than the synthetic form of the product. With growing consumer demand for plant-based solutions, the company's naturally sourced vitamin E and mixed tocopherols deliver clean labels that support's the desired front of package claims 

Key Development:

• In October 2016, ADM launched a new set of unique fruit, vegetable functional extract. This new line of extracts can deliver ac concentrated dose of the powerful antioxidants, beta-carotene and anthocyanins in various food, beverages, and supplement applications

Why Purchase the Report?

• Visualize the natural antioxidants market segmentation by type, form, end-user and region highlight key commercial assets and players.
• Identify commercial opportunities in the natural antioxidants market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of natural antioxidants market-level 4/5 segmentation.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players

The global natural antioxidants market report would provide access to an approx: 64 market data table, 57 figures, and 218 pages.

Target Audience 2023

• Service Providers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Manufacturers