Global Nutraceutical Ingredients Market is expected to reach USD 56.52 billion by 2025, from USD 31.69 billion in 2017 growing at a CAGR of 7.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Nutraceutical Ingredients Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of nutraceutical ingredients market for global, Europe, North America, Asia Pacific and South America.
Nutraceuticals, according to the widely accepted definition, are types of foods or drinks which, through addition of certain active ingredients, can offer health benefits beyond the basic nutritional values other foods offer. Health benefits could be physiological or mental, reducing the risk of chronic diseases beyond providing basic nutritional functions, promoting growth, and enhancing the performance of body and/or mind.
Global Nutraceutical Ingredients Market By Type (Prebiotics, Probiotics, Proteins & Amino Acids, Omega-3 Fatty Acids, Others), By Application (Functional Food, Functional Beverages, Dietary Supplements, Animal Nutrition, Others), By Form (Dry, Liquid), By Health Benefits, By Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa)– Industry Trends and Forecast to 2025
Some of the major players operating in the global nutraceutical ingredients market are:-
- BASF SE,
- Archer Daniels Midland Company,
- Associated British Foods plc,
- Arla Foods amba,
- Tate & Lyle,
- AJINOMOTO CO.,INC.,
- FMC Corporation,
- PIOMA chemicals,
- BI Nutraceuticals,
- Barrington Nutritionals,
- CK Ingredients,
- Inner Mongolia Ever Brilliance Biotechnology Co., Ltd.
- among others.
Major Market Drivers:
- Growth in life expectancy & health consciousness among consumers
- Growth in demand for functional and fortified foods
- Increase in incidences and burden of chronic diseases
- Mandating of food fortification by government organizations
- Increase in applications of nutraceutical ingredients
- Higher costs of fortified and enriched products
The global nutraceutical ingredients market is segmented based on type, application, form health benefits and geographical segments.
Based on type: –The global nutraceutical ingredients market is segmented into prebiotics, probiotics, proteins & amino acids, omega-3 fatty acids, minerals, vitamins, carotenoids, fibres & specialty carbohydrates, phytochemical & plant extracts and others. The others market segment is further sub segmented into glucosamine, chondroitin, and polyols.
On the basis of application: – The global nutraceutical ingredients market is classified into functional food, functional beverages, dietary supplements, animal nutrition and personal care. The animal nutrition market segment is further sub segmented into poultry, ruminants, swine, aquatic animals and others (equine and pets).
On the basis of form: – global nutraceutical market is segmented into dry and liquid.
Based on health benefits: – The global nutraceutical ingredients market is segmented into gut health, bone health, heart health, immunity nutrition, weight management and. The others market segment is further sub segmented into ingredients that help prevent depression, asthma, and oral problems
Key Questions Answered in Global Nutraceutical Ingredients Market Report:-
What will the market growth rate, Overview and Analysis by Type of Global Nutraceutical Ingredients Market in 2025?
What are the key factors driving, Analysis by Applications and Global Nutraceutical Ingredients Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Nutraceutical Ingredients Market?
What are Opportunities, Risk and Driving Force of Global Nutraceutical Ingredients Market?
What are the opportunities and threats faced by the vendors in Global Nutraceutical Ingredients Market?
What are the Global Nutraceutical Ingredients Market opportunities, market risk and market overview of the Market?
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