Increasing Demand for Anti-Aging Products to Boost Consumption of Antioxidants, Says Tmr

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Antioxidants Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast, 2014 - 2020

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27-02-2015

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Increasing Demand for Anti-Aging Products to Boost Consumption of

Antioxidants, says TMR

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Antioxidants Market

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As the demand for anti-aging products is increasing, players in the global antioxidants market have been

presented with a lucrative opportunity for boosting their sales in the global market, states TMR in a recent

report. The global increase in meat consumption is also creating a major growth opportunity for

antioxidant manufacturers. Though the global market is dominated by a few key companies with similar

channels for distribution and pricing strategies, but at the regional level the competition is intensely

competitive due to the presence of local raw material dealers.

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At the regional level, the Asia Pacific market is taking the lead due to the collaborations that the leading

companies are taking up with the local manufacturers in this region. In the Asia Pacific region, China is one

of the major markets and Kemin Industries Inc. is leading with a company share of 10.2% in the market. It

is followed by Kalsec and ADM. These top three companies hold a cumulative share of 17.9% of the total

market share in China.

The antioxidants market in the global level is extremely cost sensitive. Hence, the manufacturing

companies’ need to turn up with new innovations. The key players in the market are coming up with new

plans to increase their revenue share in the market. For instance, Aland...