Press release
A Comprehensive Study Exploring Nutraceutical Ingredients Market | Key Players Ingredion Incorporated, Associated British Foods, Arla Foods, Kerry
Latest Study on Industrial Growth of Nutraceutical Ingredients Market 2021-2027. A detailed study accumulated to offer Latest insights about acute features of the Nutraceutical Ingredients market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.The Major Players Covered in this Report: Cargill Incorporated, Associated British Foods, Arla Foods, Kerry Group, Chr. Hansen, Kyowa Hakko, DSM, Ingredion Incorporated, Tate & Lyle PLC and Ajinomoto Co., Inc, etc.
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Summary
Nutraceuticals are essential food constituents that provide nutritional benefits as well as medicinal effects. The benefits of these foods are due to the presence of active compounds such as carotenoids, collagen hydrolysate, and dietary fibers. Nutraceuticals have been found to positively affect cardiovascular and immune system health and have a role in infection and cancer prevention
A rising prevalence of cardiovascular disease coupled with the surging problem related to the immune system is leading to the growing demand for nutraceutical ingredients. As per the World Health Organization, cardiovascular diseases (CVDs) are the leading cause of death globally, taking an estimated 17.9 million lives each year. An estimated 17.9 million people died from CVDs in 2019, representing 32% of all global deaths. Of these deaths, 85% were due to heart attack and stroke
A rise in the aging population coupled with the need for a nutritious diet has led to changes in eating patterns. Consumers’ concerns regarding nutrient inadequacy tend to be general, rather than concern about a specific health condition or nutrient/component in their diet. As per the World Health Organization, 1.9 billion adults are overweight or obese, while 462 million are underweight. Moreover, globally in 2020, 149 million children under 5 were estimated to be stunted (too short for age), 45 million were estimated to be wasted (too thin for height), and 38.9 million were overweight or obese
A growing prevalence of gastrointestinal-related problems across the globe is one of the prominent reasons contributing to the growing demand for nutraceutical ingredients for a healthy diet. In 2019, the United States has 22% of the adult population suffering from gastrointestinal diseases while Japan has only 9% of the adult population suffering from Gastrointestinal disease. According to the National Institute of Diabetes and Digestive and Kidney Diseases, somewhere between 60 million and 70 million Americans suffer from gastrointestinal problems, leading to nearly 250,000 deaths each year. These conditions are responsible for close to 50 million hospital visits and 21.7 million hospital admissions annually Also, the number of visits to emergency departments with diseases of the digestive system as the primary diagnosis: 7.9 million in the United States, as revealed by the Centers for Disease Control and Prevention
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Based on the Form, the market is fragmented into Dry and Liquid. The dry form dominated the market due to its properties such as longer shelf life and ease to carry etc., However, the liquid form would grow with XX% CAGR in the forthcoming years
Based on the Type, the market is fragmented into Prebiotics, Probiotics, Amino Acids & Proteins, Omega-3 Fatty Acids, Vitamins, Minerals, Carotenoids, Plant Extracts & Phytochemical, Specialty Carbohydrates & Fibers, Others (Chondroitin, Glucosamine, and Polyols). The probiotics segment grabbed considerable market share and captured XX% market share in the global nutraceutical ingredient market in 2020. Moreover, the market would witness a sharp rise in the forthcoming years owing to surging awareness among end-users in the industry. However, amino acids and proteins would witness sky-rocked growth in the forecast period of 2021-2027F.
Based on the Application, the market is fragmented into Food, Beverages, Personal Care, Animal Nutrition, Dietary Supplements, and Others. The food segment grabbed major market share and dominated the market in 2020. Moreover, the market of this segment would reach USD XX Mn by 2027. However, the dietary supplements segment would witness the highest CAGR during the forthcoming years
For a better understanding of the market adoption of the Nutraceutical Ingredients Market, the market is analyzed based on its worldwide presence in the countries such as North America (the United States and Canada), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of APAC), and Rest of World. North America constitutes a major market for the Nutraceutical Ingredients Market industry and generated revenue of USD XX Million in 2020
Some of the major players operating in the market are Cargill Incorporated, Associated British Foods, Arla Foods, Kerry Group, Chr. Hansen, Kyowa Hakko, DSM, Ingredion Incorporated, Tate & Lyle PLC and Ajinomoto Co., Inc, etc. Several M&As along with partnerships have been undertaken by these players to develop the Nutraceutical Ingredients Market.
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1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Objective of the Study
1.3. Limitation
1.4. Stake Holders
1.5. Currency Used in Report
1.6. Scope of the Global Nutraceutical Ingredients Market Study
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Methodology for the Global Nutraceutical Ingredients Market
2.1.1. Main Objective of the Global Nutraceutical Ingredients Market
3 INDUSTRY PERFORMANCE
4 EXECUTIVE SUMMARY
5 COVID-19 IMPAC
....Continued
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