The Global Natural Antioxidants Market is anticipated to generate remarkable growth due to rising consumption of antioxidants-based nutritive supplements. Natural antioxidants are present in food and assist with preservation of the lipid components from quality deterioration. They are a set of chemical substances capable of inhibiting oxidation. Antioxidants can be endogenous, which are produced by human bodies, or exogenous, which are introduced through food or supplements. Natural antioxidants can be categorized into vitamins, carotenoids and phenolic compounds. Natural antioxidants can be found in fruits and vegetables. Antioxidants are also present in spices, essential oils, and oleoresins. Herbs such as rosemary, oregano, thyme, marjoram, sage, basil, fenugreek, fennel, coriander and pimento also possess antioxidant properties. Natural antioxidants are responsible for strengthening the defence mechanisms of the body against cardiovascular diseases, cancer, arthritis, asthma and diabetes. Natural antioxidants are also used in cosmetics, animal feed, food and dietary supplements, and pharmaceutical.
The increasing geriatric population and rising health concerns drive the growth of the global natural antioxidants market. There has been increasing awareness among consumers regarding the requirements of natural antioxidants for efficient functioning of bodily functions, which supplement the growth of the market. Increasing consumption of antioxidants-based dietary supplements, and growing demand for organic personal care products also accelerate the natural antioxidants market growth. Other factors driving the market include improving lifestyles, and increasing disposable income, especially in the emerging economies of Asia-Pacific. Growing demand from emerging economies, increasing consumer awareness, rising use of natural antioxidants in animal feed, and increasing concerns regarding preventive healthcare are factors expected to provide numerous growth opportunities in the coming years.
The global Natural antioxidants market is segmented on the basis of type, application, and geography.
Geographically, the global Natural Antioxidants market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
On the basis of geography, Asia-Pacific is expected to dominate the global natural antioxidants market over forecast period. The rising geriatric population in the region, and increasing disposable income drive the natural antioxidants market growth. The increasing demand of health products in the region along with increasing applications in the pharmaceutical sector further supports the natural antioxidants market growth. The growing application of natural antioxidants in animal feed and rising demand for healthy livestock is expected to accelerate the adoption of natural antioxidants during the forecast period. The presence of numerous local players catering to the growing consumer needs has increased the adoption of natural antioxidants in the region.