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Nutraceutical Ingredients Market 2021 Recent Industry Developments, SWOT Analysis, Important on COVID 19 Outbreak, Growth Strategies Adopted by Top Key Players Worldwide and Assessment to 2027 available in the latest report
The term nutraceutical combines two words nutrient (a nourishing food component) and pharmaceutical (a medical drug). A nutraceutical is also known as bioceutical. A nutraceutical is any substance that is a food or part of food which provides health or medical benefits, including the prevention and treatment of disease. Its group of products that are more than food but less than pharmaceuticals. Nutraceutical Ingredient is the substance which provides nutritive value in our diet.Growing demand for fortified food owing to the increasing health consciousness driving the need for nutraceutical ingredients market. Furthermore, increasing incidences of chronic diseases are also projected to influence the nutraceutical ingredients market significantly. Moreover, mandates on food fortification by government organizations worldwide are also anticipated to have a robust impact on the nutraceutical ingredients market. An evolving product based and technological innovations in the nutraceutical ingredients industry is also expected to generate untapped opportunity for the market participants.
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Key Players:
1. Arla Foods amba
2. Associated British Foods plc
3. Cargill, Incorporated
4. Chr. Hansen A/S
5. DowDuPont Inc.
6. Glanbia plc
7. Ingredion Incorporated
8. Koninklijke DSM N. V. ,
9. Tate and Lyle PLC
10. The Archer Daniels Midland Company
Market Segmentation:
The global nutraceutical ingredients market is segmented on the basis of health benefits, type, application and form. Based on health benefits, the market is segmented into cognitive health, gut health, heart health, bone health, immunity, nutrition, weight management and others. On the basis of the type the market is segmented into probiotic, proteins and amino acids, phytochemical & plant extracts, fibers & specialty carbohydrates, omega-3 fatty acids, vitamins, prebiotic, carotenoids, minerals and others. On the basis of the application the market is segmented into food, beverages, personal care, animal nutrition, and dietary supplement. On the basis of the form the market is segmented into dry and liquid.
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The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2021–2027? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Nutraceutical Ingredients market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Nutraceutical Ingredients market?
4. What are the prominent market trends influencing the development of the Nutraceutical Ingredients market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Nutraceutical Ingredients market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
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