Nutraceutical Ingredients Market By Type (Vitamins, Proteins and Amino Acids, Probiotics, Minerals, Omega-3 Fatty Acids, Fibers & Specialty Carbohydrates, Prebiotics, Phytochemical & Plant Extracts, Other Products), By Source (Naturally-sourced, Synthetic) By Form (Dry Form, Liquid Form), By Applica

Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Food and Beverage | Format: Report available in PDF / Excel Format

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Nutraceutical Ingredients Market By Type (Vitamins, Proteins and Amino Acids, Probiotics, Minerals, Omega-3 Fatty Acids, Fibers & Specialty Carbohydrates, Prebiotics, Phytochemical & Plant Extracts, Other Products), By Source (Naturally-sourced, Synthetic) By Form (Dry Form, Liquid Form), By Applica

Nutraceutical Ingredients Market Size And Forecast

According to the new report titled " Nutraceutical Ingredients Market By Type (Vitamins, Proteins and Amino Acids, Probiotics, Minerals, Omega-3 Fatty Acids, Fibers & Specialty Carbohydrates, Prebiotics, Phytochemical & Plant Extracts, Other Products), By Source (Naturally-sourced, Synthetic) By Form (Dry Form, Liquid Form), By Application (Functional Foods, Functional Beverages, Dietary Supplements, Animal Nutrition and Other), Global Analysis to 2023", the valuation of

The  Nutraceutical Ingredients market was $192.3 Billion in 2023 and is projected to reach $363.1 Billion by 2032, at a CAGR of 7.32% from 2021 to 2032.

The Nutraceutical Ingredients Market was valued at $192.3 Billion by 2023 and expected to grow at CAGR of 7.32% over forecast period.  Nutraceutical ingredients are bioactive compounds or substances derived from food sources with purported health benefits beyond basic nutritional value. These ingredients are often used in dietary supplements, functional foods, and beverages to promote health, prevent diseases, or support specific physiological functions. With an increasing emphasis on preventive healthcare and overall well-being, consumers are seeking products that can support their health goals. Nutraceutical ingredients offer a natural and holistic approach to health maintenance and disease prevention.

The global population is aging, leading to a rise in age-related health concerns such as joint health, cognitive decline, and cardiovascular issues. Nutraceutical ingredients such as omega-3 fatty acids, glucosamine, and antioxidants are sought after for their potential to address these age-related health issues. The popularity of functional foods and beverages fortified with nutraceutical ingredients is on the rise. Consumers are seeking convenient and palatable options to incorporate health-promoting ingredients into their diets, driving demand for products such as fortified yogurt, energy bars, and herbal teas.

Probiotics held the largest share in the Nutraceutical Ingredients market

Imagine a world of tiny helpers living inside your body. These helpers are called probiotics, and they're like little superheroes for your gut. They work hard to keep your digestive system running smoothly and your immune system strong. You can find these tiny heroes in foods like yogurt, kefir, and fermented dairy products. People are loving these foods more and more because they know probiotics are great for their gut health. These probiotic-filled foods may not always need extra helpers called emulsifiers, which are used to keep things mixed together smoothly. But sometimes, when you're blending up a smoothie or whipping up a dairy-based drink, probiotics and emulsifiers can work together to create a perfect team.

As consumers become more health-conscious, there is growing interest in food products that offer both functional benefits and improved sensory attributes. Products that combine probiotics with emulsifiers to deliver both health benefits and desirable texture and mouthfeel may appeal to health-conscious consumers. Ongoing innovation in the food industry may lead to the development of new products that incorporate both probiotics and emulsifiers. Manufacturers are continually exploring novel formulations and technologies to meet consumer demand for convenient, nutritious, and enjoyable food options.

Asia Pacific headed the Nutraceutical Ingredients market in 2023

In recent years, the food biz in Asia has been booming, especially for packaged meals that can be eaten on the go. And there's one secret ingredient that makes these foods taste and feel just rightemulsifiers. Think of emulsifiers as the superheroes that hold ingredients together, making them smooth and creamy. They're the reason why your ice cream is so dreamy and your salad dressing so velvety. People in Asia love their food to have a certain texture and taste, and emulsifiers deliver just that. They help create that rich, indulgent feel that you get from a good ice cream or a decadent chocolate bar. The bakery and candy businesses in Asia are also on a roll, with more people spending money on treats. Emulsifiers play a big role here too, making dough easier to work with, keeping baked treats fresh longer, and giving them a nice rise and texture. As Asia's food industry keeps growing, safety and quality are becoming top priorities. Emulsifiers have to pass strict government tests to make sure they're safe for people to eat. So, you can rest assured that the emulsifiers in your favorite foods are up to par.

Key market players operating in the market that are profiled in the report are BASF SE, E.I. du Pont de Nemours and Company, Cargill Inc., Archer Daniels Midland Company, DSM Nutritional Products, Ingredion Incorporated, Tate & Lyle Plc, Ajinomoto Co. Inc., and FMC Corporation. etc.

Report Scope

REPORT ATTRIBUTES DETAILS
STUDY PERIOD

2021-2031
BASE YEAR

2024
FORECAST PERIOD

2024-2031
HISTORICAL PERIOD

2021-2023
UNIT

Value (USD Billion)
KEY COMPANIES PROFILED

BASF SE, ADM, Ingredion, DSM NV, Cargill, Tate & Lyle, Ajinomoto, Roquette Freres, Arla Food Ingredients, Divis Laboratories, Cosucra Groupe Warcoing SA, Prinova Group, LLC, Ambe Phytoextracts Pvt Ltd, Nutraland USA, Nutra Food Ingredients, Aurobindo Pharma Ltd, Associated British Foods Plc, Aurea Biolabs, Innophos (Nutragenesis, LLC), AVT Natural Products Ltd, Koninjklike DSM NV.
SEGMENTS COVERED

Product, Health Benefit, Form, Application, And Geography.
CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

 

Global Nutraceutical Ingredients MarketSegmentation Analysis

The Global Nutraceutical Ingredients Market is Segmented on the basis of Product, Health Benefit, Form, Application, And Geography.

Nutraceutical Ingredients Market, By Product

  • Proteins and Amino acids
  • Prebiotics
  • Probiotics
  • Minerals
  • Carotenoids
  • Fibers and Specialty Carbohydrates
  • Vitamins
  • Omega-3 Fatty Acids
  • Phytochemicals and Plant Extracts

Based on Product, the market is bifurcated into Proteins and Amino acids, Prebiotics, Probiotics, Minerals, Carotenoids, Fibers and Specialty Carbohydrates, Vitamins, Omega-Fatty Acids, Phytochemicals and Plant Extracts. The Probiotics segment is expected to have the greatest Compound Annual Growth Rate (CAGR) during the chosen time period. Probiotic components have been shown to improve general human health, making them more useful in a variety of health and nutritional applications. This development has resulted in a diverse range of probiotic-based applications in the functional food and beverage, dietary supplement, and animal nutrition industries.

Nutraceutical Ingredients Market, By Health Benefit

  • Cognitive Health
  • Gut Health
  • Heart Health
  • Bone Health
  • Immunity
  • Nutrition
  • Weight Management

 Based on Health Benefits, the Global Nutraceutical Ingredients Market is divided Cognitive Health, Gut Health, Heart Health, Bone Health, Immunity, Nutrition, and Weight Management. The nutraceutical ingredients market for immunity is most likely the current leader. This is due to the continued emphasis on preventative healthcare and increased awareness following the global pandemic. However, the category with the most development potential is likely gut health. The growing popularity of probiotics and prebiotics, as well as their link to overall well-being, is generating increasing interest in this field.

Nutraceutical Ingredients Market, By Form

  • Dry Form
  • Liquid Form

Based on form, the market is bifurcated into Dry and Liquid. Dry forms dominate the nutraceutical components industry due to their extended shelf life, ease of storage, and precision dosing. However, liquid versions are the fastest expanding market, as they provide faster absorption and are easier to incorporate into beverages and supplements.

Nutraceutical Ingredients Market, By Application

  • Animal Nutrition
  • Dietary Supplements
  • Functional Beverages
  • Functional Foods
  • Personal Care

Based on Application, the market is segmented into Animal Nutrition, Dietary Supplements, Functional Beverages, Functional Foods, and  Personal Care,. Dietary supplements now have the biggest market share due to their widespread availability and ease of use. Functional foods, on the other hand, are enjoying the most rapid increase as consumers strive to incorporate health advantages into their daily diets.

Nutraceutical Ingredients Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of Geography, the Global Nutraceutical Ingredients Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America accounted for the largest market share of  followed by Europe. Growing demand for effective emergency care and increasing adoption of mobile surgery centers are anticipated to drive the industry during the forecast period.

Keyplayers-

  • BASF SE
  • ADM
  • Ingredion
  • DSM NV
  • Cargill
  • Tate & Lyle
  • Ajinomoto
  • Roquette Freres
  • Arla Food Ingredients
  • Divis Laboratories
  • Cosucra Groupe Warcoing SA
  • Prinova Group
  • LLC
  • Ambe Phytoextracts Pvt Ltd
  • Nutraland USA
  • Nutra Food Ingredients
  • Aurobindo Pharma Ltd
  • Associated British Foods Plc
  • Aurea Biolabs
  • Innophos (Nutragenesis
  • LLC)
  • AVT Natural Products Ltd
  • Koninjklike DSM NV

 

Reasons to Purchase this Report

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Table of Content

1 INTRODUCTION OF GLOBAL NUTRACEUTICAL INGREDIENTS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL NUTRACEUTICAL INGREDIENTS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GLOBAL NUTRACEUTICAL INGREDIENTS MARKET, BY PRODUCT
5.1 Overview
5.2 Proteins and Amino acids
5.3 Prebiotics
5.4 Probiotics
5.5 Minerals
5.6 Carotenoids
5.7 Fibers and Specialty Carbohydrates
5.8 Vitamins
5.9 Omega-3 Fatty Acids
5.10 Phytochemicals and Plant Extracts
5.11 Others

6 GLOBAL NUTRACEUTICAL INGREDIENTS MARKET, BY HEALTH BENEFIT
6.1 Overview
6.2 Cognitive health
6.3 Gut health
6.4 Heart health
6.5 Bone health
6.6 Immunity
6.7 Nutrition
6.8 Weigh management
6.9 Others

7 GLOBAL NUTRACEUTICAL INGREDIENTS MARKET, BY APPLICATION
7.1 Overview
7.2 Animal Nutrition
7.3 Dietary Supplements
7.4 Functional Beverages
7.5 Functional Foods
7.6 Personal Care
7.7 Animal Nutrition

8 GLOBAL NUTRACEUTICAL INGREDIENTS MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa

9 GLOBAL NUTRACEUTICAL INGREDIENTS MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Key Development Strategies

10 COMPANY PROFILES

10.1 Ajinomoto Inc.
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments

10.2 Cargill
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments

10.3 Archer Daniels Midland Company
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments

10.4 BASF SE
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments

10.5 Associated British Foods
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments

10.6 Ingreidon
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments

10.7 Koninjklike DSM NV
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments

10.8 Arla Foods
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments

10.9 Tate and Lyle PLC
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments

10.10 EI Du Pont De Nemours
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments

11 Appendix
11.1 Related Reports

Keyplayers-

  • BASF SE
  • ADM
  • Ingredion
  • DSM NV
  • Cargill
  • Tate & Lyle
  • Ajinomoto
  • Roquette Freres
  • Arla Food Ingredients
  • Divis Laboratories
  • Cosucra Groupe Warcoing SA
  • Prinova Group
  • LLC
  • Ambe Phytoextracts Pvt Ltd
  • Nutraland USA
  • Nutra Food Ingredients
  • Aurobindo Pharma Ltd
  • Associated British Foods Plc
  • Aurea Biolabs
  • Innophos (Nutragenesis
  • LLC)
  • AVT Natural Products Ltd
  • Koninjklike DSM NV

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