Natural Antioxidants Market

Global Natural Antioxidants Market Overview

Natural Antioxidants Market Size was valued at USD 1.16 Billion in 2023. The natural antioxidants market industry is projected to grow from USD 1.22 Billion in 2024 to USD 1.81 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.99% during the forecast period (2024 - 2032). Due to market drivers like increasing demand from the food and beverage industry and shifting consumer preferences towards healthy lifestyles, the market for natural antioxidants has experienced significant expansion. In addition, the leading players in the market for natural antioxidants benefit greatly from the increased demand for organic personal care products.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Natural Antioxidants Market Trends

• Increasing desire for products with clean labels is driving the market growth

One of the main factors fueling the growth of the natural antioxidants market is the increasing desire for products with clean labels. Natural antioxidants function by stopping or correcting the oxidative stress that free radicals can cause. The structure and genetic material are harmed by free radical damage, which causes inflammation and a disruption of the skin's regularly occurring self-repair mechanisms. Antioxidants support skin healing, improve skin tone, and address aging symptoms. Some antioxidants, such as vitamin C, can help promote the creation of collagen, essential for youthful skin. The demand for anti-aging professional skincare products is rising as the world's aging population (those over 65) expands. Producers have begun to create specialized solutions and multipurpose, all-natural goods by utilizing components like natural antioxidants. The demand for natural and organic skincare products is growing as consumers of skincare products worldwide become more health concerned. This will fuel the market CAGR for natural antioxidants during the projection period.

The nutraceutical antioxidants trend is driving the market expansion for natural antioxidants. Various food items, including ingredients and dietary supplements with therapeutic or health advantages, are referred to as nutraceuticals. In nutraceuticals, antioxidants range from more established vitamins like vitamins C and E to recent additions like lutein and lycopene, which are gaining popularity among consumers. Therefore, compared to medications with a single mode of action, these substances may have a higher potential for therapeutic success. Numerous in-vitro and in-vivo investigations on neuronal injury and neurodegenerative disease have shown that nutraceuticals help reduce oxidative stress and increase neuronal survival signals. This is probably due to the nutraceuticals' numerous mechanisms of action.

Strategic partnerships are influencing the market for natural antioxidants. Strategic alliances are a priority for major players in the natural antioxidants market as they look to improve their position. For instance, International Flavors & Perfumes, Inc. and DuPont, a US-based firm that provides natural antioxidants, worked together in January 2020 to expand their food additive business. DuPont is a producer of flavors, perfumes, and cosmetic actives. Additionally, in May 2021, Ecom Food Industries, a Canadian business that sells natural antioxidants, was acquired by Robertet, a manufacturer of fragrances and flavors with a French headquarters that uses only natural raw materials. Through this merger, the skills of the two businesses are combined, allowing them to provide their consumers with value-added goods and all-natural ingredients derived from botanical sources. Thus, driving the natural antioxidants market revenue.

Natural Antioxidants Market Segment Insights

Natural Antioxidants Type Insights

The natural antioxidants market segmentation, based on type includes Vitamin E, Vitamin C, Carotenoids and Rosemary Extract. The vitamin C segment dominated the market. Vitamin C is a vital natural antioxidant that aids in defending the body against harm brought on by free radicals. Additionally, it promotes the immune system and facilitates iron absorption in the body. Oranges, lemons, kale, bell peppers, spinach, and broccoli are just a few examples of fruits and vegetables that contain vitamin C.

Natural Antioxidants Application Insights

The natural antioxidants market segmentation, based on application, includes Food & Beverages, Personal Care, Animal Feed and Others. The food & beverages category generated the most income. The substance is employed as an antioxidant and preservative in numerous food products, including juices, dairy alternatives, baked goods, and cereals. Due to increased rates of chronic diseases like cancer and heart disease worldwide and rising health awareness, the pharmaceutical business has also been seeing tremendous growth. Due to their capacity to fight off free radicals that damage cells and lead to improved health outcomes for all age groups, including children with life-threatening conditions like respiratory disorders or diabetes mellitus type 1 or 2, natural antioxidants are increasingly being used in pharmaceuticals.

Natural Antioxidants Form Insights

The natural antioxidants market segmentation, based on form includes Dry and Liquid. The dry segment dominated the market Due to the higher cost of their expensive raw materials compared to synthetic antioxidants like TBHQ, BHA, and BHT, derived from petroleum products; natural food antioxidants like vitamin C and tocopherols are more expensive, which accelerates the segment's growth.

Figure 1: Natural Antioxidants Market, by Form, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Natural Antioxidants Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American natural antioxidants market area will dominate this market. The well-organized food and beverage industry, strict government rules against packaged foods, and fitness-conscious residents are all elements that have boosted the regional market. For processing natural antioxidants, manufacturers innovate and use cutting-edge technologies.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: NATURAL ANTIOXIDANTS MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe natural antioxidants market accounts for the second-largest market share. The market for natural antioxidants is expected to grow faster than average due to increased consumer awareness of natural products and changes in emerging markets' food and beverage industry. Additionally, the need for natural antioxidants in the European region is being complemented by manufacturers in the food and cosmetic industries' preference for natural components. Further, the German natural antioxidants market held the largest market share, and the UK natural antioxidants market was the fastest growing market in the European region

The Asia-Pacific Natural antioxidants Market is expected to grow at the fastest CAGR from 2023 to 2032. The area has a sizable client base, thus, it is anticipating fantastic market growth. Numerous end-use industries, including the pharmaceutical and packaged food sectors, have increased demand due to the population boom and the fast expanding economy, which is projected to stimulate market expansion. Moreover, China’s natural antioxidants market held the largest market share, and the Indian natural antioxidants market was the fastest growing market in the Asia-Pacific region.

Natural Antioxidants Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the natural antioxidants market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, natural antioxidants industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the natural antioxidants industry to benefit clients and increase the market sector. In recent years, the natural antioxidants industry has offered some of the most significant advantages to market. Major players in the natural antioxidants market attempting to increase market demand by investing in research and development operations include Archer Daniels Midland Company (US), Koninklijke DSM N.V. (Netherlands), BASF SE (Germany), DowDuPont (US), Adisseo (China), Frutarom Industries Ltd. (Israel), Chr. Hansen Holding A/S (Denmark), Ajinomoto Co. Inc. (Japan), Prinova Group LLC. (US), and Kalsec Inc. (US).

The company's main focus areas are producing meals, bioscience fine chemicals, pharmaceuticals, and health items. The company researches, develops, and manufactures sauces and spices and offers fast-food items such as coffee vending machines, cup soup, office supplies, bakery goods, edible oils, processed foods, amino acids, and animal nutrition. Additionally, Ajinomoto offers specialty chemicals, functional materials, and biopharma services.

For more than 30 years, Prinova has served as a dependable partner by offering premium ingredients, flavors, and value-added solutions to assist you in navigating the market. Utilizing Prinova, one can collaborate with flavor experts to produce items that appeal to consumers. Ideas are created in cutting-edge laboratories. Depending on your objectives, it can produce, match, adapt, disguise, improve, and heighten flavors. To satisfy any desired end-use requirements and fulfill label claims, it can formulate components and active ingredient concentrations on a case-by-case basis.

Key Companies in the natural antioxidants market include

• Archer Daniels Midland Company (US)
• Koninklijke DSM N.V. (Netherlands)
• BASF SE (Germany)
• DowDuPont (US)
• Adisseo (China)
• Frutarom Industries Ltd. (Israel)
• Hansen Holding A/S (Denmark)
• Ajinomoto Co. Inc. (Japan)
• Prinova Group LLC. (US)
• Kalsec Inc. (US)

Natural Antioxidants Industry Developments

June 2022: Vitae Naturals was purchased by Kensing LLC, a US-based business that deals in natural oxidants, for an undisclosed sum. By making this transaction, Kensing LLC hopes to increase its market share in Europe and broaden its supply of food components. A Spanish company called Vitae Naturals specializes in natural antioxidants.

April 2021: The Archer Daniels Midland Company started a plant-based revolution lab in Singapore's Biopolis research complex. This facility is equipped with current technology and may be able to meet demand in the APAC region by developing popular and nutritious culinary goods.

April 2021: Cosphaderm Tapmix, a cutting-edge natural antioxidant blend, was introduced by Cosphatec GmbH.

February 2021: In order to launch a new natural antioxidant serum, particularly for oily skin, SkinCeuticals Texas founded a skincare business. This innovative product supports the skincare industry for natural antioxidants.

Natural Antioxidants Market Segmentation

Natural Antioxidants Type Outlook

• Vitamin E
• Vitamin C
• Carotenoids
• Rosemary Extract

Natural Antioxidants Application Outlook

• Food & Beverages
• Personal Care
• Animal Feed
• Others

Natural Antioxidants Form Outlook

• Dry
• Liquid

Natural Antioxidants Regional Outlook

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Australia
  • Rest of Asia-Pacific
• Rest of the World
  • Middle East
  • Africa
  • Latin America

Natural Antioxidants Type Outlook (USD Billion, 2018-2032)

• Vitamin E

• Vitamin C

• Carotenoids

• Rosemary Extract

Natural Antioxidants Application Outlook (USD Billion, 2018-2032)

• Food & Beverages

• Personal Care

• Animal Feed

• Others

Natural Antioxidants Form Outlook (USD Billion, 2018-2032)

• Dry

• Liquid

Natural Antioxidants Regional Outlook (USD Billion, 2018-2032)

• North America Outlook (USD Billion, 2018-2032)

  • North America Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • North America Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • North America Natural Antioxidants by Form

    • Dry

    • Liquid

  • US Outlook (USD Billion, 2018-2032)

  • US Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • US Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • US Natural Antioxidants by Form

    • Dry

    • Liquid

  • Canada Outlook (USD Billion, 2018-2032)

  • Canada Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Canada Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Canada Natural Antioxidants by Form

    • Dry

    • Liquid

• Europe Outlook (USD Billion, 2018-2032)

  • Europe Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Europe Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Europe Natural Antioxidants by Form

    • Dry

    • Liquid

  • Germany Outlook (USD Billion, 2018-2032)

  • Germany Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Germany Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Germany Natural Antioxidants by Form

    • Dry

    • Liquid

  • France Outlook (USD Billion, 2018-2032)

  • France Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • France Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • France Natural Antioxidants by Form

    • Dry

    • Liquid

  • UK Outlook (USD Billion, 2018-2032)

  • UK Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • UK Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • UK Natural Antioxidants by Form

    • Dry

    • Liquid

  • Italy Outlook (USD Billion, 2018-2032)

  • Italy Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Italy Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Italy Natural Antioxidants by Form

    • Dry

    • Liquid

  • Spain Outlook (USD Billion, 2018-2032)

  • Spain Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Spain Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Spain Natural Antioxidants by Form

    • Dry

    • Liquid

  • Rest Of Europe Outlook (USD Billion, 2018-2032)

  • Rest Of Europe Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Rest Of Europe Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Rest Of Europe Natural Antioxidants by Form

    • Dry

    • Liquid

• Asia-Pacific Outlook (USD Billion, 2018-2032)

  • Asia-Pacific Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Asia-Pacific Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Asia-Pacific Natural Antioxidants by Form

    • Dry

    • Liquid

  • China Outlook (USD Billion, 2018-2032)

  • China Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • China Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • China Natural Antioxidants by Form

    • Dry

    • Liquid

  • Japan Outlook (USD Billion, 2018-2032)

  • Japan Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Japan Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Japan Natural Antioxidants by Form

    • Dry

    • Liquid

  • India Outlook (USD Billion, 2018-2032)

  • India Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • India Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • India Natural Antioxidants by Form

    • Dry

    • Liquid

  • Australia Outlook (USD Billion, 2018-2032)

  • Australia Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Australia Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Australia Natural Antioxidants by Form

    • Dry

    • Liquid

  • Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

  • Rest of Asia-Pacific Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Rest of Asia-Pacific Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Rest of Asia-Pacific Natural Antioxidants by Form

    • Dry

    • Liquid

• Rest of the World Outlook (USD Billion, 2018-2032)

  • Rest of the World Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Rest of the World Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Rest of the World Natural Antioxidants by Form

    • Dry

    • Liquid

  • Middle East Outlook (USD Billion, 2018-2032)

  • Middle East Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Middle East Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Middle East Natural Antioxidants by Form

    • Dry

    • Liquid

  • Africa Outlook (USD Billion, 2018-2032)

  • Africa Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Africa Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Africa Natural Antioxidants by Form

    • Dry

    • Liquid

  • Latin America Outlook (USD Billion, 2018-2032)

  • Latin America Natural Antioxidants by Type

    • Vitamin E

    • Vitamin C

    • Carotenoids

    • Rosemary Extract

  • Latin America Natural Antioxidants by Application

    • Food & Beverages

    • Personal Care

    • Animal Feed

    • Others

  • Latin America Natural Antioxidants by Form

    • Dry

    • Liquid