GITNUX MARKETDATA REPORT 2024

Natural Antioxidants Industry Statistics

The natural antioxidants industry is expected to experience steady growth, driven by increasing consumer demand for healthier and clean-label products.

In this post, we will explore key statistics and trends shaping the global natural antioxidants industry. From market values and regional dominance to sector-specific insights and future projections, we will provide a comprehensive overview of this dynamic market landscape.

Statistic 1

"The global natural antioxidants market was valued at USD 1.31 Billion in 2020."

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Statistic 2

"According to forecasts, the market will reach USD 1.79 Billion by 2026."

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Statistic 3

"Asia-Pacific dominates the natural antioxidants market, accounting for around 35% of the global share."

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Statistic 4

"In 2020, vitamin E led the market, accounting for nearly 50% of the total market share."

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Statistic 5

"The market for natural antioxidants in North America is projected to grow at a CAGR of 5.3% between 2021-2026."

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Statistic 6

"Europe represents the second-largest market for natural antioxidants, following closely behind Asia-Pacific."

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Statistic 7

"The food and beverage industry is a leading user of natural antioxidants and this trend is expected to continue during the forecast period."

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Statistic 8

"The pharmaceutical sector recorded a CAGR of 3.5% in the natural antioxidant market from 2020 to 2026."

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Statistic 9

"The carotenoids segment in the natural antioxidants market is expected to grow at a CAGR of 4.7% from 2021 to 2028."

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Statistic 10

"The global market for rosemary extracts, a natural antioxidant source, is expected to reach USD 1,063.5 million by 2024."

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Statistic 11

"The vitamin C segment of the natural antioxidants market projected to display the highest CAGR of 5.3% during the forecast period."

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Statistic 12

"In terms of application, the human nutrition segment dominated the natural antioxidant market with more than 55% share in 2020."

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Statistic 13

"The sales of natural antioxidants are projected to increase by 1.5 times by 2031 compared to sales in 2021."

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Statistic 14

"The nutraceutical industry is pegged to be the fastest-growing end-use industry in the natural antioxidants market during 2021-2026."

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Statistic 15

"Africa's growing health awareness is prompting the growth of the natural antioxidants market, with the region expected to grow at a CAGR of above 5% during 2021-2026."

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Statistic 16

"The Middle East & Africa natural antioxidants market is projected to reach USD 181 million by 2026."

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In conclusion, the global natural antioxidants market is witnessing significant growth, with the market expected to reach USD 1.79 Billion by 2026. Asia-Pacific currently dominates the market, accounting for a substantial share, while North America and Europe also hold prominent positions. The food and beverage industry remains a key user of natural antioxidants, driving market expansion alongside the pharmaceutical sector and the growing nutraceutical industry. Various segments within the market, such as vitamin E, carotenoids, and rosemary extracts, are projected to experience notable growth rates, with robust increases expected in regions like Africa and the Middle East & Africa. Overall, the future outlook for the natural antioxidants industry appears to be promising, with sales projected to increase significantly in the coming years.

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