Antioxidants are molecules that
prevent other molecules from oxidizing. They act as free radicals in the
human body and prevent the body from the chain of oxidation reaction
by getting oxidized themselves or by eliminating radical intermediates.
Different types of anti oxidants include vitamin E, Vitamin C, BHT,
BHA and propyl gallate. Anti oxidants are used to safeguard the food
from deterioration.
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The global market for antioxidants is
growing at a considerable rate with rapid growth in the Asia-Pacific
and North America market. Europe represents the largest regional market
for antioxidants with strong growth in UK and Ireland. The global
market for antioxidants is segmented into two major types, natural and
synthetic. Based on functions, antioxidants are segmented into two
major categories - functional food ingredients and antioxidants used for
preservation. Based on applications, the global market for
antioxidants is segmented into confectionaries, soft drinks and
beverages and others. Based on geography, the market is divided into
North America, Europe, Asia-Pacific and Rest of the World (RoW).
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Growing health awareness is the
primary factor responsible for the large growth of the antioxidant
market in the last decade. Growing popularity of antioxidant potential,
shifting trend in consumer health from being reactive to proactive and
from treatment to prevention are major drivers identified for the
antioxidants market. Lack of consumer education about additional health
benefits, and lack of consistency in product demand are major
challenges for this industry. Antioxidants have large potential in new
product formats like alcoholic drinks, snacks, juices and other
drinks.
Some of the key players in this
industry include Albemarle Corporation, Thor Group Limited, AkzoNobel
N.V., Baker Hughes Incorporated, BASF SE, Ashland Inc., Champion
Technologies, Cortec Corporation, Clariant AG, Kemira Oyj, The Dow
Chemical Company, Troy Corporation, GE Water and Process Technologies,
Lubrizol Corporation, FMC Corporation, Lonza Group Ltd, Nalco Holding
Company, and others.
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This research report analyzes
this market depending on its market segments, major geographies, and
current market trends. Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report
also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value
chain analysis.
Reasons for Buying this Report
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