Global nutraceutical ingredients market is projected to reach 49.05 billion by 2028, growing at a CAGR of over 7% in volume terms during 2023-2028. The major factors contributing in the growth of the market are growing demand for functional & fortified foods and increasing awareness about healthy diet. Moreover, rising use of nutraceutical ingredients in pharmaceutical medications owing to its properties such as prevention in chronic diseases, anti-aging, cancer etc. have further driven the market growth of nutraceutical ingredients. Based on application, the market has been categorised into Dietary Supplements, Functional Food, Functional Beverages, Animal Nutrition and Personal Care. In 2022, the dietary supplements segment dominated the market due to presence of ingredients like vitamins, minerals and many others. In 2022, Asia Pacific region accounted for the largest share of the nutraceutical ingredients market due to high consumption in countries like India and China.
Some of the leading players in the Global Nutraceutical Ingredients market are Cargill, BASF, Dowdupont, Associated British Foods, Ingredion, Arla Foods, Tate & Lyle, Ajinomoto, ADM, DSM etc.
Objective of the Study
- To analyse and forecast the market size of Nutraceutical Ingredients, in terms of value and volume.
- To classify and forecast global nutraceutical ingredients market based on type, application, form, health benefits and regional distribution.
- To identify drivers and challenges for global nutraceutical ingredients market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global nutraceutical ingredients market.
- To conduct the pricing analysis for global nutraceutical ingredients market.
- To identify and analyse the profile of leading players involved in the manufacturing of global nutraceutical ingredients market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.
Market insights research calculated the market size of
Key Target Audience
- Food & beverage manufacturers & processors
- Feed manufacturers
- Pharmaceutical manufacturers & processors
- Research & development laboratories
- Industry associations and experts
- Dealers/Distributors
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2022 |
| Historical Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F | |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends | |
| Segments covered | · Type · Application · Form |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar, Brazil, Argentina, Colombia |
| Key companies profiled | Cargill, BASF, Dowdupont, Associated British Foods, Ingredion, Arla Foods, Tate & Lyle, Ajinomoto, ADM, DSM. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
