NEW YORK, June 15, 2023 /PRNewswire/ -- The nutraceutical ingredients market size is expected to grow by USD 11.16 billion from 2022 to 2027 at a CAGR of 4.48% during the forecast period, according to a recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region. Discover some insights on market size before buying the full report - Request a sample report

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak. The Bargaining Power of Buyers & Suppliers and the Threat of New Entrants, Rivalry, and Substitutes have also been analyzed and rated between LOW-HIGH to provide a holistic view of market favorability.

Find Technavio's Exclusive Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria

• One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.

• Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.

• Furthermore, market adoption rates for all regions have been covered.

The nutraceutical ingredients market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed Below -

Ajinomoto Co. Inc., Amway Corp., Archer Daniels Midland Co., Arla Foods amba, Associated British Foods Plc, BASF SE, Cargill Inc., Danone SA, DuPont de Nemours Inc., EID Parry India Ltd., General Mills Inc., Herbalife International of America Inc., Koninklijke DSM NV, Natrol LLC, Nestle SA, Reckitt Benckiser Group Plc, Tate and Lyle Plc, The Lubrizol Corp., Valensa International, Advanced Orthomolecular Research Inc. Download a Sample Report!

Nutraceutical Ingredients Market - Segmentation Analysis

This nutraceutical ingredients market report extensively covers market segmentation by application (functional food and beverage, dietary supplements, and others), form factor (dry and liquid), and geography (APAC, Europe, North America, South America, and Middle East and Africa).

• The market share growth by the functional food and beverage segment will be significant for the market growth during the forecast period. Nutraceutical ingredients are used in various functional foods and beverages. They are generally consumed as part of the daily diet. Furthermore, these ingredients contain certain biologically active ingredients that improve health and reduce disease risks. Some functional foods and beverages contain certain minerals, vitamins, fatty acids, and fiber. Nutraceutical ingredients are increasingly being incorporated into various functional foods and beverages. Hence, such factors are expected to drive the growth of this segment during the forecast period.

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Nutraceutical Ingredients Market - Market Dynamics

Major Drivers

• The health benefits of nutraceutical ingredients are driving market growth.

• Nutraceutical ingredients mainly include nutraceuticals and functional food ingredients. They provide various health benefits as well as basic nutritional needs.

• For example, nutraceutical ingredients such as antioxidants, fiber, omega-3 fatty acids, vitamins, and minerals help prevent cardiovascular disease.

• Moreover, the rising prevalence of chronic diseases has compelled people to be more conscious of their diet.

• Hence, they opt for food and beverage products that offer the right nutritional value, which is expected to fuel the growth of the market during the forecast period.

Significant Trends

• Focus on personalized nutrition is an emerging trend in the nutraceutical ingredients market during the forecast period.

• The growing consumer propensity toward personalized nutrition involves the analysis of variables such as genes, lifestyle, and health goals in order to develop personalized diets and supplements that meet each individual's specific needs.

• Moreover, market participants in the market are investing in research and development to produce products that can be customized to each customer's specific needs.

• Hence, such trends boost the market growth during the forecast period.

Key Challenges

• Limited consumer awareness challenges the growth of the market during the forecast period.

• Despite the growing popularity of these ingredients, many consumers are still skeptical about their effectiveness, and demand for nutraceutical ingredients may be limited.

• Furthermore, food ingredients can provide a variety of beneficial health effects, from improving cardiovascular health to enhancing immune function.

• Hence, such challenges hinder the growth of the nutraceutical ingredients market during the forecast period.

Nutraceutical Ingredients Market - Geographic Analysis
The market is segmented by region APAC, Europe, North America, South America, and Middle East and Africa. An analysis of key leading countries has been included.

• APAC is estimated to account for 32% of the growth of the global nutraceutical ingredients market during the forecast period. This growth mainly attributes to the growing demand for herbal ingredients. Consumers in APAC countries, especially China and India, consider herbal ingredients healthy. Moreover, rapid economic development and the rising population in the region have increased the demand for herbal ingredients. The increasing consumer health awareness, along with the demand for proper nutrition, has increased the demand for dietary supplement ingredients in the region.

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What are the key data covered in this Nutraceutical Ingredients Market report?

• CAGR of the market during the forecast period

• Detailed information on factors that will drive the growth of the nutraceutical ingredients market between 2023 and 2027

• Precise estimation of the size of the nutraceutical ingredients market and its contribution to the market with a focus on the parent market

• Accurate predictions about upcoming trends and changes in consumer behavior

• Growth of the nutraceutical ingredients market across APAC, Europe, North America, South America, and Middle East and Africa

• A thorough analysis of the market's competitive landscape and detailed information about vendors

• Comprehensive analysis of factors that will challenge the growth of nutraceutical ingredients market vendors

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The global functional food ingredients market size is estimated to grow by USD 48.06 billion at a CAGR of 7.16% between 2022 and 2027. This report extensively covers market segmentation by application (food and beverages, pharmaceuticals, and others), product (probiotics and prebiotics, proteins and amino acid, dietary fibers, vitamins and minerals, and others), and geography (APAC, North America, Europe, Middle East and Africa, and South America). The increased demand for functional food ingredients from the probiotics segment is the key factor driving the global functional food ingredients market growth.

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Table of Contents

1 Executive Summary

• 1.1 Market overview

2 Market Landscape

• 2.1 Market ecosystem

3 Market Sizing

• 3.1 Market definition

• 3.2 Market segment analysis

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

• 4.1 Global nutraceutical ingredients market 2017 - 2021

• 4.2 Application Segment Analysis 2017 - 2021

• 4.3 Form Factor Segment Analysis 2017 - 2021

• 4.4 Geography Segment Analysis 2017 - 2021

• 4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

• 5.1 Five forces summary

• 5.2 Bargaining power of buyers

• 5.3 Bargaining power of suppliers

• 5.4 Threat of new entrants

• 5.5 Threat of substitutes

• 5.6 Threat of rivalry

• 5.7 Market condition

6 Market Segmentation by Application

• 6.1 Market segments

• 6.2 Comparison by Application

• 6.3 Functional food and beverage - Market size and forecast 2022-2027

• 6.4 Dietary supplements - Market size and forecast 2022-2027

• 6.5 Others - Market size and forecast 2022-2027

• 6.6 Market opportunity by Application

7 Market Segmentation by Form Factor

• 7.1 Market segments

• 7.2 Comparison by Form Factor

• 7.3 Dry - Market size and forecast 2022-2027

• 7.4 Liquid - Market size and forecast 2022-2027

• 7.5 Market opportunity by Form Factor

8 Customer Landscape

• 8.1 Customer landscape overview

9 Geographic Landscape

• 9.1 Geographic segmentation

• 9.2 Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027

• 9.4 Europe - Market size and forecast 2022-2027

• 9.5 North America - Market size and forecast 2022-2027

• 9.6 South America - Market size and forecast 2022-2027

• 9.7 Middle East and Africa - Market size and forecast 2022-2027

• 9.8 US - Market size and forecast 2022-2027

• 9.9 China - Market size and forecast 2022-2027

• 9.10 Germany - Market size and forecast 2022-2027

• 9.11 Japan - Market size and forecast 2022-2027

• 9.12 France - Market size and forecast 2022-2027

• 9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape

• 11.3 Landscape disruption

• 11.4 Industry risks

12 Vendor Analysis

• 12.1 Vendors covered

• 12.2 Market positioning of vendors

• 12.3 Ajinomoto Co. Inc.

• 12.4 Amway Corp.

• 12.5 Archer Daniels Midland Co.

• 12.6 Arla Foods amba

• 12.7 Associated British Foods Plc

• 12.8 BASF SE

• 12.9 Cargill Inc.

• 12.10 DuPont de Nemours Inc.

• 12.11 Koninklijke DSM NV

• 12.12 Natrol LLC

• 12.13 Nestle SA

• 12.14 Reckitt Benckiser Group Plc

• 12.15 Tate and Lyle Plc

• 12.16 The Lubrizol Corp.

• 12.17 Valensa International

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist

• 13.3 Currency conversion rates for US$

• 13.4 Research methodology

• 13.5 List of abbreviations

About Us
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