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
Antioxidants Market to Expand at 5.6% CAGR to 2020, Synthetic
Antioxidants Lead Growth
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Antioxidants Market
REPORT DESCRIPTION
Antioxidants, with their ability to prolong the shelf life of food products, form an inextricable part of the
global food and beverages sector, feed additives, healthcare industry, and cosmetics industry. According to
a latest market research report by Transparency Market Research, the global antioxidants market will
report a CAGR of 5.6% in revenue terms (2014-2020) as it expands from US$2,123.4 million in 2013 to
approximately US$3,111.5 million in 2020. Because of their longevity-enhancing attributes, antioxidants
are also referred to as shelf-life extenders. With a growing demand for food, medicines and personal care
products with a longer shelf life, the use of antioxidants is expected to see an upward trend, says the
report, which is titled, ‘Antioxidants Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2014-2020’.
A TMR analyst who worked on the report says, “An upward swing in meat consumption globally will
promote the growth of the global antioxidants market. It is expected that the demand for feed antioxidants
will see an increase with the growing demand for meat products with a longer shelf life. Besides, anti-aging
products are in high demand, especially among consumers aged 40 years and above. The antioxidants
market can thus expect higher demand to arise from the cosmetics and skincare segment.”The global
antioxidants market features both natural and synthetic...