The market for antioxidant supplements is vital to the treatment of cancer patients, so the demand for them is growing due to the increase in cancer cases.
HYDERABAD, TELANGANA, INDIA, September 12, 2022 /EINPresswire.com/ — IndustryARC predicts in its latest report that global Antioxidant Supplement Market estimated to reach $6,876 million by 2027. In addition, the CAGR is expected to be 5.4% during the forecast period 2022-2027. Antioxidants are used in the pharmaceutical sector as vitamin supplements and help preserve food. Beta-carotene is a kind of antioxidant. It protects the body from free radicals, which are harmful chemicals. The report offers a complete analysis of the market, its main segments, growth drivers, trends, drivers and challengers, key players and more.
1. The global antioxidant supplement market is expected to grow significantly over the forecast period due to lower cost, increased investment and product regulatory approval, and increased demand for antioxidants in the pharmaceutical industry.
2. In addition, by focusing on natural antioxidants such as rosemary extract, industrialized countries have discovered new economic potential.
3. Demand for synthetic antioxidants is expected to increase in the Asia-Pacific region during the forecast period.
4. A detailed analysis of Strengths, Weaknesses, Opportunities, and Threats will be presented in the Antioxidant Supplement Market Report.
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1. The global market for antioxidant supplements can be divided into vitamins, minerals, herbal substances, and others according to the type of ingredient. Vitamins held a dominant market share in 2021 due to high energy requirements among working professionals and athletes.
2. Liquid antioxidant supplements are liposomal compounds that are evenly distributed in water, making them easier to consume. The liquid form facilitates the production of blends, leading to increased use in yoghurts, smoothies, and other energy drinks.
3. The global antioxidant supplements market based on geography can be divided into North America, Europe, Asia Pacific, South America and the rest of the world. North America held a dominant market share of 37% in 2021. This is mainly due to the increase in the prevalence of lifestyle disorders such as obesity, diabetes and others, the market in North America is expanding.
Competitive environment :
Top 5 Players in the Antioxidant Supplement Industry:
1. Abbott Laboratories
2. Amway Corporation.
3. Glanbia PLS
5. Bayer AG
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A. Market for Vitamins and Supplements
B. Vitamin and Herbal Supplement Market