The latest report by IMARC Group, titled “Antioxidants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global antioxidants market size reached US$ 3.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.10% during 2023-2028. 

Antioxidants are natural compounds that protect our bodies from harmful molecules called free radicals, which are unbalanced molecules that can damage cells and contribute to numerous health issues, including aging and chronic diseases such as cancer and heart disease. They work by neutralizing free radicals, preventing them from causing harm. They donate electrons to stabilize the free radicals, reducing their damaging effects. Additionally, antioxidants include vitamins such as vitamins C and E, minerals including selenium, and various phytochemicals discovered in vegetables, fruits, and other plant-based foods, which are essential for maintaining the health and well-being of individuals.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/antioxidants-market/requestsample

Antioxidants Market Trends and Drivers:

The antioxidants market is primarily driven by the growing emphasis on health and wellness. In addition, consumers are health-conscious and are actively seeking products that offer health benefits, such as antioxidants that combat free radicals in the body, thus influencing market growth. Moreover, several advancements in scientific research led to a better understanding of the benefits of antioxidants, representing another major growth-inducing factor. Besides this, researchers are continually uncovering new applications for antioxidants, from improving heart health to supporting cognitive function, which drives the interest in antioxidants and their adoption across various industries, thus accelerating the sales demand. Along with this, the rising product use in skincare and beauty products due to their potential to safeguard the skin from oxidative stress and ultraviolet (UV) damage is propelling the market growth. Apart from this, the growing food and beverage (F&B) industry and the adoption of antioxidant-rich ingredients such as berries, green tea, and dark chocolate create healthier food and beverage options, employed as natural preservatives to extend the shelf life of products, appealing to consumers and manufacturers, thus creating a positive market outlook.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

• Natural Antioxidants
• Synthetic Antioxidants

Breakup by Form:

• Dry
• Liquid

Breakup by Application:

• Food and Feed Additives
• Pharmaceuticals and Personal Care Products
• Fuel and Lubricant Additives
• Plastic, Rubber, and Latex Additives
• Others

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Competitive Landscape with Key Player:

• ADEKA Corporation
• Adishank Chemicals Pvt. Ltd.
• BASF SE
• Camlin Fine Sciences Ltd.
• Cargill Incorporated
• Eastman Chemical Company
• ICC Industries Inc.
• Kalsec Inc.
• Kemin Industries Inc.
• Khera Chemical Industries
• Koninklijke DSM N.V.
• Trigon Antioxidants Pvt. Ltd.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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