Press release
Heart Health Ingredients Market: Worldwide Industry Analysis, Business Opportunity and Forecast 2018 to 2023
Market Overview:Heart Health Ingredients Market and is projected to grow at a CAGR of 8% over the forecast period. The number of population suffering from cardiovascular diseases is increasing periodically, which is a great concern among the growing population. The major risk factors for the cardiovascular diseases are high blood pressure, high cholesterol level, and excess weight. This can be prevented through heart health ingredients including omega-3, beta glucan, phytosterol, soy protein, and others. The heart health ingredients have application in various industries such as pharmaceuticals, supplements, beverages, oils and fats, bakery and confectionery, dairy and frozen desserts, sweet and savory snacks, and others.
Europe is the second largest heart health ingredients market across the globe, and it is expected to grow substantially over the forecast period 2017-2023. In Europe, the U.K., Germany, and Switzerland are majorly contributing to the heart health ingredients market. Increasing issues of cardiovascular diseases among the growing population is driving the growth of health heart ingredients in this market.
Moreover, the changing lifestyle and consumption pattern leading to inclination towards healthy diet is boosting the growth of the heart health ingredients in the European market. However, due to lack of clarity in the legal definitions, regulatory approvals for products tend to get delayed, which may hamper the market of the heart health ingredients market. Nevertheless, all these factors are expected to lead the growth of the European market at a CAGR of 7.5% during the forecast period 2017-2023.
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Major Key Players:
This report includes a study of strategies such as mergers, acquisitions, and product launches by the major heart health ingredients players. It further includes product portfolios, developments of leading players, which includes
Archer Daniels Midland Company (U.S.)
BASF SE (Germany)
Cargill, Incorporated (U.S.)
AKER BIOMARINE (Norway)
Andean Grain Products Ltd (U.K)
Bioriginal Food & Science Corporation (Canada) and
Croda International Plc (U.K.)
Key Findings:
Asia Pacific largely consumes omega-3 as an ingredient for dietary supplements
Among the dairy products, yogurt is the major contributor for heart health market
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Segments:
On the basis of type, the heart health ingredients market is segmented into omega-3, beta glucan, phytosterol, soy protein, and others. Among all, omega-3 holds the major market share followed by phytosterol. The major reason for growth of these two segment is their approval from the regulatory authority for being used as a heart health ingredient.
Based on the application, the heart health ingredients are segmented into pharmaceuticals, supplements, beverages, oils and fats, bakery and confectionery, dairy and frozen desserts, sweet and savory snacks, and others. Among all, the supplements segment is dominating the market as compared to other industries owing to its popularity among the consumers as a source of providing health benefits. However, application of the dairy and bakery segment is projected to grow over the forecast period.
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