Antioxidants Market to Touch Us$3.1 Bn in 2020

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...