Global Natural Antioxidants market trends 2024, Forecast To 2033

The natural antioxidants market has exhibited strong growth, increasing from $2.51 billion in 2023 to $2.73 billion in 2024, with a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period is attributed to increased consumer awareness, the rising prevalence of chronic diseases, growing demand for natural and organic food products, increasing consumer preference for clean label products, and favorable regulations and policies. Looking ahead, the natural antioxidants market is expected to see rapid growth, reaching $4.06 billion in 2028, with a CAGR of 10.4%. The forecasted growth is driven by the growing demand for plant-based food products, increasing demand for fortified foods and beverages, growing demand for natural and organic personal care products, the aging population, and the growing interest in functional foods and nutraceuticals. Major trends in the forecast period include customization and personalization, emerging ingredients, partnerships and collaborations, increasing investments in research and development of new natural antioxidant sources, and the growing adoption of sustainable and eco-friendly production practices.