Nutraceutical Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Global Nutraceutical Ingredients Market is segmented by Ingredient Type (Prebiotic, Probiotic, Vitamins, Minerals, Protein, OMEGA 3 Structured Lipids, Phytochemicals & Plant Extracts, and Fibers and specialty Carbohydrates), By Application (Functional Foods, Functional Beverages, Dietary Supplements, Animal Nutrition, Cosmetics, Baby products, and Others), and Geography.

Market Snapshot

Nutraceutical Ingredients Market Overview
Study Period: 2016 - 2026
Fastest Growing Market: North America
Largest Market: Asia Pacific
Nutraceutical Ingredients Market Major Players

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Market Overview

Global Nutraceutical Ingredients Market is  projected to grow at a CAGR of 7.1% during the forecast period (2019-2024).

  • 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 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. 

Scope of the Report

Global Nutraceutical Ingredients Market is segmented by ingredient type and application. On the basis of ingredient type, the market is segmented into prebiotic, probiotic, vitamins, minerals, protein, omega 3 structured lipids, phytochemicals & plant extracts, and fibers and specialty carbohydrates. On the basis of application, the market is segmented into functional foods, functional beverages, dietary supplements, animal nutrition, cosmetics, baby products, and others. Also, the study provides an analysis of the nutraceutical ingredients market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

By Ingredient Type
Prebiotic
Probiotic
Vitamins
Minerals
Protein
OMEGA 3 Structured Lipids
Phytochemicals & Plant Extracts
Fibers and specialty Carbohydrates
By Application
Functional Foods
Functional Beverages
Dietary Supplements
Animal Nutrition
Cosmetics
Baby products
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
South Africa
Saudi Arabia
Rest of MEA

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Key Market Trends

Growing Consumption of Neutraceuticals Products

Globally, nutraceuticals are gaining importance and becoming a part of the consumer’s daily diet. The key reasons for this change have been the increased prevalence of lifestyle diseases and the simultaneous rising awareness about a balanced diet. Consumer shift towards nutraceuticals is in accordance with the principle of “prevention is better than cure”. Convenience, being a vital factor, the growing distribution channels for these products, such as online retail stores, ensure high availability of the products in the market. Functional beverage is one of the fastest-growing segments, and developing markets have a growth potential for these beverages. Within the functional beverage segment, enhanced water and ready-to-drink beverages are seeing an increased consumer demand.

Nutraceutical Ingredients Market Key Trends

Asia-Pacific Holds the Largest Market Share

Asia-Pacific region dominates the market with the largest share and the highest growth rate projected in the forecast period. Consumer preferences for functional foods and beverages has been one of the crucial factors driving the growth of the market in this region. Developing nations like India, China, etc are likely to impart high growth for the market over the forecast period. The economy is projected to improve in the coming years in regions with an increase in disposable income and this would boost the market, as people tend to spend a good amount of their income on health-related aspects. The population growth rate in the Oceania nations such as Australia and New-Zealand is not very high. However, nutraceutical ingredients are gaining a higher market share with an increased number of geriatric population preferring nutraceutical products over medicines, to prevent old-age diseases.

Nutraceutical Ingredients Market Growth Rate

Competitive Landscape

Some of the major key players in the nutraceutical ingredients market, globally includes Cargill, Incorporated,E. I. Du Pont De Nemours and Company, BASF SE, Archer Daniels Midland Company, Associated British Foods PLC, and Ajinomoto Co., among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Ingredient Type

      1. 5.1.1 Prebiotic

      2. 5.1.2 Probiotic

      3. 5.1.3 Vitamins

      4. 5.1.4 Minerals

      5. 5.1.5 Protein

      6. 5.1.6 OMEGA 3 Structured Lipids

      7. 5.1.7 Phytochemicals & Plant Extracts

      8. 5.1.8 Fibers and specialty Carbohydrates

    2. 5.2 By Application

      1. 5.2.1 Functional Foods

      2. 5.2.2 Functional Beverages

      3. 5.2.3 Dietary Supplements

      4. 5.2.4 Animal Nutrition

      5. 5.2.5 Cosmetics

      6. 5.2.6 Baby products

      7. 5.2.7 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 Germany

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Spain

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of MEA

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 CARGILL, INCORPORATED

      2. 6.4.2 E. I. DU PONT DE NEMOURS AND COMPANY

      3. 6.4.3 BASF SE

      4. 6.4.4 ARCHER DANIELS MIDLAND COMPANY

      5. 6.4.5 ASSOCIATED BRITISH FOODS PLC

      6. 6.4.6 AJINOMOTO CO.

      7. 6.4.7 DSM N.V.

      8. 6.4.8 INGREDION INCORPORATED

      9. 6.4.9 NUTRACEUTIX, INC

      10. 6.4.10 FMC CORPORATION

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Nutraceutical Ingredients Market market is studied from 2016 - 2026.

North America is growing at the highest CAGR over 2021- 2026.

CARGILL, INCORPORATED, E. I. DU PONT DE NEMOURS AND COMPANY, BASF SE, ARCHER DANIELS MIDLAND COMPANY, DSM N.V. are the major companies operating in Nutraceutical Ingredients Market.

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