In recent times, the use of nutraceutical
ingredients in the food and beverage sector along with animal feed stuff has
been increasing which will lead to the growth of the global nutraceutical
ingredient market according to a business intelligence report published by
IndustryARC. As per the report, the Nutraceutical ingredient market size was
worth $31.4 billion in 2018 and the demand is projected to grow at an
impressive compound annual growth rate (CAGR) of 6.80% during the forecast
period of 2019 to 2025.
This resonates the finding in
the IndustryARC’s business intelligence report titled “Nutraceutical
Ingredients Market: By Type (Prebiotics, Probiotics, Vitamin Minerals); By
Application (Functional Foods & Beverages, Dietary Supplements); By Form
(Liquid, Powder); By Geography - Forecast (2019 - 2025),” which also states
that nutraceutical market is growing owing to the product’s ability to improve
heath, increase life expectancy, avoid chronic diseases, and also delaying in
aging process.
Global Nutraceutical
Ingredients Market: Leading Segments
APAC led the global
nutraceutical ingredient market by contributing the maximum regional share of
37% in 2018. The market revenue generated is increasing in due to growing
urbanization, population, and increasing disposable income in the developing
economies such as China and India. Additionally, APAC is witnessing substantial
growth since there is a stronghold of pharmaceutical and food and beverage
manufacturers in the region.
Furthermore, the key
application segment in the nutraceutical market is the dietary supplement: by
application. Out of all, dietary supplement in the nutraceutical ingredient market
is anticipated to witness healthy growth which is projected to propel at a standard
CAGR of 6.80% during the forecast period.
Global Nutraceutical
Ingredients Market: Market Trends and Growth Drivers
·
Water-Soluble Nutraceuticals[1]
The world is changing so
rapidly that the companies are now focusing on looking for water-soluble
nutraceutical versions of ingredients into the food and beverages sector; stick
packs and sachets for immediate consumption. They are even looking forward for
multi-tasking ingredients to achieve their desired goals.
·
Botanical Veggies and Fruits Drinks
The major outlook by the
companies are towards food. The companies are putting in efforts to manufacture
botanical vegetable and fruit drinks. Mid-size companies like Lapovo from Japan
and HealthyLink from Croatia have already started to produce and look for
distributors in their market.
·
Nutrition for Beauty
In many countries the
scientists are trying to add on more nutrition to the beauty products as per
the consumers demand. Consumers want more innovation and scientifically based
products for themselves. This requires nutraceutical ingredients that is
helping the market to grow.
·
Gut Wellness
The consumers are these days
more worried about their gut. The market is also targeting to manage the
microbiota, how it can have a positive impact for wellbeing. The industry is
trying to research to understand more advantages of nutraceutical ingredients.
·
Nutraceutical Ingredients with Flavors
The nutraceutical ingredients
have a very unpleasant taste which is evident in the finished product. New technology
and innovation is getting the taste better for functional food. They are
working on introducing more flavors with nutritional goodness, hence this will
have a very positive impact on the nutraceutical ingredient market.
Global Nutraceutical
Ingredient Market: Competitive Landscape
Some of the key companies
identified in the report that are currently holding majority shares in the
global nutraceutical ingredient market are Cargill, Incorporated, BASF SE,
The Archer Daniels Midland Company, Associated British Foods plc, DowDuPont
Inc., Arla Foods amba, Ingredion Incorporated, and Koninklijke DSM N.V.
Talk to one of our sales
representative about the full report by providing your details in the link
below:
https://www.industryarc.com/support.php?id=7439
Related Reports:
Functional Food and
Nutraceuticals Market
https://www.industryarc.com/Report/99/Functional-Food-and-Nutraceuticals-Market-Size.html
Nutricosmetic Ingredients
Market
https://www.industryarc.com/Report/7465/nutricosmetics-ingredients-market.html
Nutritional Premixes Market
https://www.industryarc.com/Report/15005/nutritional-premixes-market.html
What can you expect from
the report?
The nutraceutical ingredient
market is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product
Categories &
Application 11.
Demand Analysis (Revenue
& Volume)
2. Market trends &
Relevant Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value
Chain Analysis
6. Top 10 End user Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current
& Future Market Landscape
Analysis
9. Mergers & Acquisition
Analysis
19.
Opportunity Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
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customize the report by extracting data from our database of reports and annual
subscription databases. We can provide the following free customization:
1. Increase the level of data
in application or end user industry.
2. Increase the number of
countries in geography chapter.
3. Find out market shares for
other smaller companies or companies which are of interest to you.
4. Company profiles can be requested
based on your interest.
5. Patent analysis, pricing,
product analysis, product benchmarking, value and supply chain analysis can be
requested for a country or end use segment.
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[1]https://www.vitafoodsinsights.com/news/current-trends-nutraceuticals-showcased-vitafoods-asia-2018