Global Antioxidants Market: Use of Antioxidants in Personal Care Products Boost Market Growth amid Growing Concerns about Synthetic Antioxidants
The critical role of antioxidants in slowing down the signs of aging and wrinkles has been known for long. Antioxidants fight the free radicals that break down the skin and lead to premature aging. By restricting the oxidation caused by free radicals due to pollution, sun exposure, heat or cold, antioxidants retain the elastin, hyaluronic acid, and collagen present in the skin. This leads to longer retention of the youthful elasticity and firmness of the skin. The extensive use of antioxidants in personal care products, especially anti-aging products, has boosted the global antioxidants market. The overall market is projected to grow at a CAGR of 5.6% during the period between 2013 and 2020 and reach a valuation of US$3,111.5 million by 2020.
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Natural Antioxidants – Use in Cosmetics and Personal Care Products Help Slow Down Aging of Skin
The medicinal properties of rosemary have been known to mankind for centuries. It is a natural antioxidant and is used in various skin care products such as lip moisturizers, lotions, creams, and soaps owing to its skin-smoothing and soothing properties. To meet the growing demand from personal care industry, rosemary extracts are manufactured by the players in the global antioxidants market. For example, Kemin Industries manufactures Rosamox and offers different formulations containing Rosamox such as Rosamox Z, Rosamox CCT, and Rosamox LC.
Other natural antioxidants include vitamin A (including carotenoids), vitamin C (including ascorbic acid), and vitamin E (including tocopherols and tocotrienols). Manufacturers have developed various formulations of natural antioxidants to impart distinctive properties to personal care products. BASF has introduced Covi-ox® T-50 C and Covi-ox® T-70 C as mixed tocopherols of natural origin. These formulations also contain other vegetable oil constituents owing to the raw material used and the manufacturing process applied. Both the formulations are suitable as natural antioxidants and are extensively used in personal care products.
Synthetic Antioxidants Dominate Global Antioxidants Market
Butylated hydroxyanisole (BHA), Butylated hydroxytoluene (BHT), and others are commonly used synthetic antioxidants in personal care products. Synthetic antioxidants prevent deterioration of ingredients in personal care products that are sensitive to oxidation. In personal care and cosmetics products, synthetic antioxidants stabilize unsaturated oils and inhibit the degradation of the products. Synthetic antioxidants such as BASF’s TINOGARD TT are added to the perfume, oil, or organic phase of personal care formulations and protect the formulations against color changes and rancidification. Synthetic antioxidants are favored by manufacturers in the personal care industry owing to their low cost. In the global antioxidants market, synthetic antioxidants account for a larger share compared to that of natural antioxidants. In 2013, the market for synthetic antioxidants was worth US$1,394.5 million.
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How safe are Synthetic Antioxidants?
The safety of synthetic antioxidants such as BHT, BHA, and propylgallate.3 is being questioned by many researchers and health critics across the globe. There has been controversy surrounding the safety and carcinogenic properties of BHT. BHA is suspected to promote carcinogenesis in the stomach and urinary bladder of mice. So, how safe is the use of synthetic antioxidants in cosmetics and skin care products? In order to increase the shelf-life of personal care products, is the age of the skin being compromised? These are some of the unanswered questions amid the thriving synthetic antioxidants market.