Nutraceuticals ingredients are derived from different sources like synthetics, microbials, plants, and animals to facilitate health benefits along with adding functional benefit and nutritional value to the supplements like animal nutrition, food, beverages, and personal care products. Such nutraceuticals ingredients facilitate good health due to the presence of active ingredients in them. These ingredients delay the aging process, increase longevity, prevent chronic diseases, and support body function.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
One of the major factors driving the growth of the global active nutraceuticals ingredients market is the increasing demand for fortified food due to the growing health consciousness among consumers. Moreover, the increasing prevalence of chronic diseases all across the globe further fuels the growth of the market globally. The increasing disposable income of the people has significantly boosted the demand for active nutraceuticals ingredients. These ingredients are gaining significant traction among consumers and have become a part of a daily diet. The growing awareness among consumers regarding the importance of a balanced diet further propelled the demand for active nutraceuticals ingredients in the market globally. The adoption of personalized healthcare technologies by prominent active nutraceuticals ingredients to develop customized and better-suited products for end-users is likely to positively shape the trajectory of the global active nutraceuticals ingredients market during the forecast period.
The global active nutraceuticals ingredients market can be segmented into type, form, application, health benefit, and region.
By type, the market can be segmented into phytochemical & plant extracts, fibers & specialty carbohydrates, carotenoids, vitamins, minerals, omega-3 fatty acids, proteins & amino acids, probiotics, and prebiotics. The probiotics segment accounts for the largest share in the global active nutraceuticals ingredients market. It has become an essential ingredient in different nutritional products. Moreover, probiotic ingredients are known to have a positive impact on the overall health of the human body and thus manufacturers have come up with a wide range of probiotic-based products in functional beverage, functional food, animal nutritional, and dietary supplement industries.
By form, the market can be segmented into liquid and dry. The dry segment holds hegemony over the other because of the growing preferences of people for active nutraceuticals ingredients in dry form.
By application, the market can be segmented into personal care, animal nutrition, dietary supplements, functional beverages, and functional food. The dietary supplements segment holds the largest share in the global active nutraceuticals ingredients market owing to the health benefits offered by it like improvement in intestinal functions, increased calcium absorption, the balance of gut microflora, enhancement of the immune system, improvement in bone density, control of blood sugar, lowered the risk of cardiovascular diseases, improvement in abdominal pain, constipation, and bloating.
By health benefit, the market can be segmented into weight management, nutrition, immunity, bone health, heart health, gut health, and others.
Asia Pacific accounts for the largest share in the global active nutraceuticals ingredients market owing to the transforming lifestyles and growing awareness of the people regarding their nutrition and health. The constantly evolving hospitalization and healthcare expenditure is inducing customers to maintain their health and thus people are adopting different health supplements to fulfill the requirement of vitamins and minerals in their body. Moreover, the increasing disposable income of the people in the region also contributes vigorously toward the growth of the regional market.
North America is anticipated to witness huge growth during the forecast period due to the changing dietary patterns of the people. Moreover, the growing consciousness of people regarding their health and lifestyle has further propelled the growth of the regional market.
Some of the significant players in the global active nutraceuticals ingredients market are Ajinomoto, Tate & Lyle, Arla Foods, Ingredion, DSM, Associated British Foods, ADM, BASF, DowDupont, and Cargill.
FrequentlyAsked Questions
One of the major factors driving the growth of the global active nutraceuticals ingredients market is the increasing demand for fortified food due to the growing health consciousness among consumers. Moreover, the increasing prevalence of chronic diseases all across the globe further fuels the growth of the market globally. The increasing disposable income of the people has significantly boosted the demand for active nutraceuticals ingredients.
Some of the significant players in the global active nutraceuticals ingredients market are Ajinomoto, Tate & Lyle, Arla Foods, Ingredion, DSM, Associated British Foods, ADM, BASF, DowDupont, and Cargill.
Asia Pacific accounts for the largest share in the global active nutraceuticals ingredients market owing to the transforming lifestyles and growing awareness of the people regarding their nutrition and health. The constantly evolving hospitalization and healthcare expenditure is inducing customers to maintain their health and thus people are adopting different health supplements to fulfill the requirement of vitamins and minerals in their body. Moreover, the increasing disposable income of the people in the region also contributes vigorously toward the growth of the regional market.
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