Press release
Nutraceutical Ingredients Market Growth Analysis By Size, Market Size, Share, News, Demand, Opportunity and Forecast: 2022-2029
The Global Nutraceutical Ingredients Market is forecast to reach USD 227.5 billion by 2028 by rising at a compound annual growth rate (CAGR) of 7% throughout the forecast period from 2019 to 2028Nutraceutical Ingredients Market Overview
Consumer awareness of health and wellbeing, as well as increased demand for fortified food products, are driving the growth of the nutraceutical ingredient market. Increased rates of chronic diseases worldwide, as well as regulatory requirements on food fortification, are key drivers of market expansion.
The global Nutraceutical Ingredients market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
Unilever to Acquire Majority Stake in Hair Supplement Brand Nutrafol
Unilever has agreed to acquire a majority stake in Nutrafol, a brand of hair wellness products of which it currently owns a minority stake of 13.2% through Unilever Ventures.
Nutrafol offers a range of clinically-tested, physician formulated products designed to address thinning hair and compromised hair health for women and men at various life stages. Nutrafol leverages a patented Synergen complex, a blend of medical-grade nutraceutical ingredients that target multiple root causes affecting hair health including hormones, stress, lifestyle, metabolism, nutrition, and aging, according to the company.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Nutraceutical Ingredients market manufacturers. The revenue created from the sales of Nutraceutical Ingredients Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Associated British foods, Arla foods, DSM, Ingredion, Tate & Lyle, Ajinomoto, Chr. Hansen, Kyowa hakko kirin group, Glanbia plc and Cargill. and Others.
The Nutraceutical Ingredients Market has been segmented as below:
Nutraceutical Ingredients Market by Type, 2019-2028, (In USD Million)
Probiotics
Proteins
Amino Acids
Phytochemicals & Plant Extracts
Fibers & Specialty Carbohydrates
Nutraceutical Ingredients Market by Application, 2019-2028, (In USD Million)
Food
Beverages
Personal Care
Animal Nutrition
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Nutraceutical Ingredients Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Nutraceutical Ingredients market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Nutraceutical Ingredients Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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