United States Health Ingredients Market is projected to grow at a double digit CAGR during 2019-2024. The major factors contributing to the growth of the market are growing research & development activities, increasing incidences of chronic disease and rising demand for fortified food & beverage. Based on type, the market has been categorised into Vitamins, Minerals, Prebiotics, Enzymes, Plant & Fruit Extracts, Probiotic Starter Cultures and Others. The Prebiotic cultures segment is projected to be the fastest growing segment in the Health Ingredients Market during the forecast period 2019-2024 owing to growing consumer awareness about various health benefits of consumption of probiotics. The multifunctionality of probiotics finds broad spectrum of applications such as animal feed, dairy beverages etc. Based on source, the plant segment accounted for the largest segment in 2018 and is anticipated to dominate the market over the next five years as well since Plant-based health ingredients are a major source of vitamins, proteins, and other health ingredients. The leading players in the US Health Ingredient market are Archer Daniels Midland Company, E. I. Du Pont De Nemours and Company, Cargill, Ingredion Incorporated, among others.
Years considered for this report
Historical Year 2014-2017
Base Year 2018
Estimated 2019
Forecast 2020-2024
Objective of the Study
- To analyse and forecast the market size of Health Ingredients Market, in terms of value and volume.
- To classify and forecast United States Health Ingredients Market based on type, application, source, function and regional distribution.
- To identify drivers and challenges for US Health Ingredient Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States Health Ingredients Market.
- To conduct the pricing analysis for Health Ingredients Market.
- To identify and analyse the profile of leading players involved in the manufacturing of US Health Ingredient Market.
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Some of the leading players in the US Health Ingredients Market are
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across United States. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across United States.
TechSci Research calculated the market size of United States
Key Target Audience
- Health Ingredients manufacturers
- Health ingredient suppliers and distributors
- Food & beverage manufacturers
- Research Institutes
- Associations, organizations, forums and alliances related to Health Ingredients.
- 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 manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
