Nutraceutical Ingredients Market is likely to expand at a prominent CAGR
Date: 2018-09-27   Author: Rahul Sankrityayan  Category: #market

Nutraceutical Ingredients Market is likely to expand at a prominent CAGR

Global Nutraceutical Ingredients Market will witness robust growth owing to increasing demand for anti-aging products. Nutraceutical ingredients including, antioxidants and natural herbs protect skin from multiple diseases & infections. Rapid expansion of personal care industry will further drive the product demand.

Nutraceutical is a substance considered as the food or a part of food that provides nutritional value to diet. It is also known as functional food that contain pharmaceutical-grade and standardized nutrient. The product acts as a source for nutritional supplement to body through diet & works to prevent diseases.

Ask for TOC of this report @ https://www.gminsights.com/request-toc/upcoming/2223

Increasing penetration of chronic diseases will drive nutraceutical ingredients market. Key properties including prevention from hardening of heart arteries and cholesterol, blood clotting & inflammation reduction will support product penetration. Growing concern regarding longer life span and potential application scope in animal nutrition and food & beverage industry will propel the product demand.

Changing consumer preferences & demographics along with increase in research & development activity is expected to drive nutraceutical ingredients market. Upsurge in geriatric & obese population, type 2 diabetes patients & expenses related to health & personal care will provide lucrative opportunities for the product market size.

However, high raw material production cost for nutraceuticals product may restrict the consumers to avail its features. Consumers are likely to switch to low cost alternative proteins. Further, limited quality nutraceutical manufacturing has increased the concern to fill demand and supply gap. In addition, the product supply through lab-to-market pipeline is generally time consuming. Increased competition, lack of awareness and advertisement about product benefits may hamper the industry growth.

Nutraceutical ingredients contain prebiotics, probiotics, glucosamine, chondroitin, protein & amino acids, vitamins, minerals, omega 3 fatty acids, carotenoids, fibres & speciality carbohydrates, peptides, fibres, phytochemical and plant extracts. The fibres & specialty carbohydrates segment is driven with rise in gastrointestinal disorders and obesity concern.

On the basis of form, the market is segmented as dry, liquid and semi-liquid form. Dry form will account for the largest industry share as its formulation process is comparatively easier, particularly for manufacturing high volume. Moreover, dry form preserves the flavour and colour of the food & beverage products and provides benefits in terms of easy handling and storage, which is difficult with liquid ingredients. It is used in various applications including, functional food & beverages, dietary supplements, animal nutrition and personal care. Dietary supplements are projected to be the fastest growing segment with rising demand for sports & nutritional products and increasing protein intake by fitness enthusiasts and athletes.

Nutraceutical ingredients are used in various end-use industries including, animal feed, food & beverage and pharmaceutical. The animal feed end-use segment is likely to be the fastest growing as it improves gut health and immunity of animals. Further, rising disease outbreak in animals will support the product application scope.

North America nutraceutical ingredients market will foresee noteworthy growth owing to substantial investments in healthcare sector. Increasing product application in pharmaceutical drugs owing to its effective properties including, anti-aging will drive industry growth. Continuous research & development activity regarding plant-derived products is resulting in high product demand.

Asia Pacific nutraceutical ingredients market will witness substantial growth owing to presence of prominent pharmaceutical and functional food & beverage products manufacturers. Rapid urbanization, increasing disposable income & consumer awareness and busy lifestyle have increased product demand.

Global nutraceutical ingredients market is moderately consolidated with presence of various renowned players in the industry. The key market players are Archer Daniels Midland, Cargill, Royal DSM, BASF, Nestle, Groupe Danone, E. I. du Pont, PepsiCo, and General Mills. Other key players are Blytheco, Pharmachem, Balchem Corp, Sydler India, Aker BioMarine, Barrington Nutritionals and Marlyn.

What Information does this report contain?

Historical data coverage: 2013 to 2016; Growth Projections: 2017 to 2024.

Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.

6-7 year performance forecasts: major segments covering applications, top products and geographies.

Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.



About Author


Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for AlgosOnline, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in t...

Read More

More from Rahul


Post Recommendents

Adjustable bed Industry Market Future Challenges and Industry Growth Outlook 2023
Author: Partha Ray

Global Adjustable bed Industry Market 2018 Includes Market Size, Share, Trends, Growth, Demand, Supply, Application, Segmentation, Opportunity, Market Development, Production, Capacity Utilization, Supply, Analysis and Forecast by 2023

The r...


Bi-Metal Band Saw Blade Industry Market, Share, Growth, Trends and Forecast to 2023: Market Study Report
Author: Partha Ray

Global Bi-Metal Band Saw Blade Industry Market Report focuses on the major drivers and restraints for the key players. These Research Report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic region...


Clean Room Masks Industry Market Incredible Possibilities, Growth with Industry Study, Detailed Analysis and Forecast to 2023
Author: Partha Ray

Global Clean Room Masks Industry Market report contains all study material about overview, growth, demand and forecast research report in all over the world. This report offers some penetrating overview and solution in the complex world Global Cle...