Global Antioxidants Market to Grow at CAGR of 5.60% from 2014 to 2020

Global Antioxidants Market to Grow at CAGR of 5.60% from 2014 to 2020

  • Submitted By: amyjames
  • Date Submitted: 03/17/2016 3:05 AM
  • Category: Business
  • Words: 1214
  • Page: 5

Transparency Market
Research

Antioxidants Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2014 - 2020

Published Date
27-02-2015

92 Page Report

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Press Release
Global Antioxidants Market to Expand from US$2.1 bn in 2013 to US$3.1
bn in 2020

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Antioxidants Market

REPORT DESCRIPTION

Transparency Market Research (TMR) has announced the publication of a new market study based on the
antioxidants market. According to the report, the global antioxidants market is driven by the growing
demand from the cosmetics and skincare segment. The report is titled “Antioxidants Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” and contains fruitful information
on the market dynamics, key competitors, and the general attractiveness of the antioxidants market.
According to the report, the global antioxidants market, which was valued at US$2.1 bn in 2013, is set to
expand at a CAGR of 5.6% in the forecast period from 2014 to 2020, reaching a value of US$3.1 bn in
2020.
Antioxidants are substances that prolong the shelf life of foods by preventing oxidation, thus saving the
food product from deteriorating. Antioxidants prevent fat rancidity and color changes in the food.
Antioxidants are thus largely used for preventing cell damage. Apart from food, antioxidants are used in
cosmetics and animal feed additives to reduce singlet oxygen.
According to the report, the increasing consumption of meat all over the world has led to growth of the
global antioxidants market. Moreover, the increasing demand for anti-aging products is also boosting the
global antioxidants market. People are more concerned nowadays about their looks and reversing the
effects of ageing. With age, skin...

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