According to this latest publication from Meticulous Research®, the global Nutraceutical Ingredients Market is expected to grow at a CAGR of 7.8% from 2019 to reach $57.5 billion by 2025. The high growth of nutraceutical ingredients market is mainly attributed to growing health concerns among consumers, which results in high demand for fortified foods; increasing incidence of non-communicable chronic diseases and other health issues; and rising use of nutraceutical ingredients in food and beverage and animal nutrition application. In addition, growing research and development of new nutraceutical products in food and beverage industry and establishment of new food and beverage manufacturing units and mega food parks provides ample of opportunities to the market vendors. However, high cost and consumer's misbelief about nutraceuticals may hinder the growth of nutraceutical ingredients market to some extent.
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The global Nutraceutical Ingredients Market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025- by product type (vitamins, proteins and amino acids, probiotic, minerals, omega-3 fatty acids, fibers and specialty carbohydrates, prebiotic, phytochemicals and plant extract, others), derivation method (natural and synthetic), form (dry and liquid), application (dietary supplements, functional Nutrients, infant and maternal nutrition, medical nutrition, animal nutrition), end use industries (food and beverage industry, pharmaceutical, animal feed, and personal care). The study also evaluates industry competitors and analyzes the market at regional and country level.
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Scope of the Report:
Nutraceutical Ingredients Market, by Product Type
• Proteins and Amino Acids
• Omega-3 Fatty Acids
• Fibbers & Specialty Carbohydrates
• Phytochemical & Plant Extracts
Nutraceutical Ingredients Market, by Derivation Method
Nutraceutical Ingredients Market, by Form
Nutraceutical Ingredients Market, by Application
• Dietary Supplements
• Functional Nutrients
• Infant & Maternal Nutrition
• Medical Nutrition
• Animal Nutrition
Nutraceutical Ingredients Market, by End Use Industry
• Food and beverage industry
• Animal Feed
• Personal Care
Nutraceutical Ingredients Market, by Geography
• Asia-Pacific (APAC)
o Rest of APAC (RoAPAC)
• North America
o Rest of Europe (RoE)
• Rest of the World
o Latin America
o Middle East & Africa
Key Findings in the Global Nutraceutical Ingredients Market Study:
• Probiotics market to grow with the highest CAGR through 2025.
Probiotics segment is projected to grow at the highest CAGR during the forecast period from 2019 to 2025. The high growth of this segment can be attributed to changing lifestyle and eating habits, increasing awareness about health benefits of probiotics beyond digestive health, and growing use of probiotics in animal feed for animal nutrition. In addition, increasing health issues like digestive disorders and diarrhoea as well as growing old age population also drive the demand of probiotics.
• Naturally derived nutraceutical ingredients to witness large demand through 2025
On the basis of derivation method, the natural segment is expected to account for the largest share of the overall nutraceutical ingredients market in 2019 and is also projected to grow at the fastest CAGR during forecast period. The growth of this segment can primarily be attributed to increased consumer confidence in organic foods as well as their concern about possible health risks and side effects associated with inorganic food and synthetic chemicals.
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The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 4 years. The key players profiled in the global nutraceutical ingredients market research report are Associated British Foods plc (London), Arla Foods (Denmark), Koninklijke DSM N.V., (The Netherlands),Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Ajinomoto CO. INC. (Japan), Chr. Hansen Holding A/S (Denmark), Glanbia PLC (Ireland), Fonterra Co-operative Group Limited (New Zealand), Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), DuPont de Nemours, Inc.(U.S.), BASF SE (Germany), and Kerry Inc. (Ireland), among others.
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Key questions answered in the report-
• Which are the high growth market segments in terms of product type, derivation method, form, application, end use industries, and region/countries?
• What was the historical market for nutraceutical ingredients across the globe?
• What are the market forecasts and estimates for the period 2019-2025?
• What are the major drivers, restraints, opportunities, and trends in the global nutraceutical ingredients market?
• Which are the major companies in the global nutraceutical ingredients market?
• How is the competitive landscape and who are the market leaders in the global nutraceutical ingredients market?
• What are the recent developments in the global nutraceutical ingredients market?
• What are the different strategies adopted by the major players in the global nutraceutical ingredients market?
• What are the geographical trends and high growth regions/ countries?
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