The global Nutraceutical Ingredients Market was valued at USD 164.3 billion in 2019 and is expected to reach USD 266.9 billion by the year 2027, at a CAGR of 7.2 %. Nutraceutical ingredients are derived from sources such as animal, plant, microbial, and synthetic, which provide health benefits, adding the primary nutritional value and functional benefits to various applications such as food, beverages, dietary supplements, animal nutrition, and personal care products. The industry comprises two principal segments: functional foods and nutritional supplements.
The growth of the industry is attributed to the growing consumer demand for fortified food & beverages, the increasing number of incidences of chronic diseases, and mandates on food fortification by government organizations due to inadequate levels of vitamins and minerals in the human body. The growth of the market is restricted due to higher costs of fortified products and different regulatory frameworks in different countries for nutraceutical ingredients; however, the high raw material production cost for nutraceuticals product may limit the consumers to avail its features. Consumers are likely to have better options to switch for low-cost alternative proteins. Limited quality nutraceutical manufacturing has increased the need to fill demand and supply gap. Also, the product supply through the lab-to-market pipeline is generally time-consuming. Increased competition in the market, lack of awareness, and advertisement about product benefits may prove to be hindrances to the market growth.
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The report includes insights into the key players of the market along with their company profiles, market position, financial standing, product portfolio, and strategic business expansion. The report offers a clear understanding of the competitive scenario with a detailed study about the latest mergers & acquisitions, partnerships, collaborations, R&D activities, joint ventures, licensing agreements, along with brand promotions and product launches.The report also covers SWOT analysis and Porter’s Five Forces analysis to offer crucial insights about each market player.
The key companies operating in the industry include
LB Minerals Ltd., Imerys S.A., KaMin LLC, Thiele Nutraceutical Ingredients Company, EICL Ltd., and Nutraceutical Ingredients AD among others
The report further segments the market into product types and key applications along with a thorough regional analysis to impart a better understanding of the market spread, production and consumption patterns, key trends, manufacturing facilities, profit margins, and others in each region. The report also assesses the presence of prominent players in each key geographical region.
Type (Revenue in Billion USD; Volume in Kilotons 2016–2027)
- Proteins & Amino Acids
- Phytochemicals & Plant Extracts
- Fibers & Specialty Carbohydrates
- Omega 3 fatty acids
Application (Revenue in Billion USD; Volume in Kilotons 2016–2027)
- Meat and meat products
- Baby food
- Energy drinks
- Health drinks
- Personal care
- Animal Nutrition
- Dietary Supplements
Form (Revenue in Billion USD; Volume in Kilotons 2016–2027)
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The report on the global Nutraceutical Ingredients market provides a comprehensive analysis of the market opportunities, market share, market size, global landscape, market dynamics, industrial chain analysis, market growth, revenue growth, and current and emerging market trends. It also covers a comprehensive analysis of the market drivers and restraining factors, opportunities, growth prospects, and technological advancements in the market.
The regional analysis offers a better understanding of the market’s scope in key geographical regions of the world. It presents valuable and actionable insights about the production and consumption pattern, supply and demand ratio, sales, market share and size, and the presence of the key players in each region. The report covers key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It also sheds light on the regions expected to show lucrative growth in the projected timeframe.
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2027
Chapter 3. Indicative Metrics
3.1. Rising demand for fortified food
3.2. Increased awareness among customers
3.3. Technological innovations in Nutraceutical Ingredients Industry
Chapter 4. Nutraceutical Ingredients Segmentation & Impact Analysis
4.1. Nutraceutical Ingredients Segmentation Analysis
4.2. Nutraceutical Ingredients Market Value Chain Analysis, 2016-2027
4.3. Regulatory framework
4.4. Nutraceutical Ingredients Market Impact Analysis
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The Nutraceutical Ingredients market report is an investigative study that provides insights into opportunities, limitations, and barriers faced by the companies that influence or hinder the growth of the industry. It also offers critical insights to the novice players and established companies to overcome the barriers and hurdles of the market. Overall the report provides valuable information and an overview of the market scenario to gain a better understanding of the market.
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