Neutraceutical Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Neutraceutical Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Food

Report Description

Due to the growing need for essential supplements that provide therapeutic, medicinal, and pharmacological benefits besides providing nutrition; the demand for nutraceutical products has rapidly increased across the globe. Nutraceutical ingredients are basic essential elements required for the body’s immunity. They are highly effective in the prevention of chronic diseases, which may occur due to nutrient deficiency in the body. These ingredients are found in diverse forms ranging from naturally occurring substances and chemical compounds to bioactive substances. However, their purpose to promote health and well-being and prevent diseases remains the same across all forms.

Key factors driving the global nutraceutical ingredients market are the rising reliability of and awareness about nutraceutical products and rapidly expanding customer base across the globe. In addition; increasing geriatric population along with the rising prevalence of chronic illnesses has spurred alarms relating to health of the global population. These factors are anticipated to fuel the market for nutraceuticals and nutraceutical ingredients significantly from 2017 to 2025. The shift in consumer preference for healthier food products while shopping, in order to meet their nutritional needs, is fueling the global neutraceuticals market. Food products containing nutraceutical ingredients help in the prevention of nutrient deficiency as well as various disorders. Owing to increase in the number of clinical evidences supporting health benefits of neutraceuticals and rapid rise in the consumption of nutraceutical products worldwide, the nutraceutical ingredients market is expanding rapidly across developing economies.

At present, developed countries are not the only geographies to witness high demand for nutraceutical ingredients. The concept of nutraceutical ingredients and related food products is rapidly emerging in developing countries also. Countries such as China and India are primary consumers of nutraceutical ingredients for production of different food supplemental and pharmaceutical products. These countries are witnessing increasing per capita income, growing adoption of sedentary lifestyle, and rising demand for nutritional food. These developing countries are estimated to offer a significant opportunity for growth of the nutraceutical ingredients market in the near future. Nutraceutical ingredients are used in applications such as functional food and beverages, dietary supplements, personal care products, and animal nutrition products. Based on element, the nutraceutical ingredients market can be segmented into prebiotics, fibers & specialty carbohydrates, probiotics, peptides & proteins, phytochemicals & plant extracts, minerals, vitamins, carotenoids & antioxidants, amino acids, omega 3, and structured lipids.

Geographically, the global nutraceutical ingredients market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Growing population and rapid urbanization in emerging economies of Asia Pacific are expected to drive the nutraceutical ingredients market in the region during the forecast period. Developing countries in the region are likely to witness rising demand for nutraceuticals in the next few years. 

Key players operating in the global nutraceutical ingredients market are Cargill Inc., E.I. du Pont de Nemours and Company, Tate and Lyle North America Inc., BASF SE, Archer Daniels Midland Company, Ajinomoto Co., Inc., Koninklijke DSM N.V., Associated British Foods plc., Ingredion Incorporated, Danisco A/S, and NutraMarks, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market       
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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