Press release
Global Nutraceutical Excipients Market Analysis By Segmentations, Key Players, Regional Analysis, Size, Growth & Forecast 2023-2032
Global Nutraceutical Excipients MarketThe global nutraceutical excipients market value is expected to reach US$ 2,427.8 million in 2023 and further accelerate at a CAGR of 10.4% between 2023 to 2033. Total nutraceutical excipients sales are likely to total a valuation of US$ 6,539.0 million by 2033.
Nutraceutical excipients are inactive substances that are added to nutraceutical products to improve their stability, bioavailability, and overall efficacy. These excipients can be either natural or synthetic and are added to nutraceutical products to facilitate their manufacturing, processing, and packaging. The nutraceutical excipients market includes a wide range of products, such as binders, fillers, disintegrates, coatings, and lubricants.
The global nutraceutical excipients market is expected to grow at a significant rate in the coming years due to the increasing demand for nutraceutical products and dietary supplements. The market is driven by several factors, including the growing consumer awareness of the benefits of nutraceuticals, the rising demand for functional foods, and the increasing prevalence of chronic diseases. Additionally, the growing geriatric population and the increasing focus on preventive healthcare are expected to drive the demand for nutraceutical products, which in turn is expected to drive the demand for nutraceutical excipients.
The research provides an overview of the industry, including definitions, classifications, and the structure of the industrial chain. The global nutraceutical excipients market study includes development trends, competitive landscape analysis, and major regions development status. Policies and strategies for development are reviewed, as well as manufacturing methods and cost structures. Import/export consumption, supply and demand, price, revenue, and gross margins are all included in this report.
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Primary and secondary research is conducted to gain access to current government rules, market information, and industry statistics. Nutraceutical excipients producers, distributors, end users, industry groups, governments' industry bureaus, industry magazines, industry experts, third-party databases, and our in-house databases were used to collect data. The report combines extensive quantitative analysis and exhaustive qualitative analysis, and ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application, and region, providing a holistic view of as well as a deep insight into the nutraceutical excipients market covering all of its essential aspects.
Covid-19 Impact:
The COVID-19 pandemic has had a mixed impact on the nutraceutical excipients market. On one hand, the demand for nutraceutical products has increased during the pandemic, as consumers have become more health-conscious and are seeking ways to boost their immune systems. This increased demand has driven the demand for nutraceutical excipients, which are essential for the manufacturing and processing of these products.
On the other hand, the pandemic has disrupted global supply chains and created logistical challenges, which have affected the production and distribution of nutraceutical products. This has had an impact on the nutraceutical excipients market as well, as manufacturers have faced challenges in sourcing raw materials and delivering finished products to customers.
Market Segmentation:
The nutraceutical excipients market can be segmented based on type, form, application, and geography.
1.By Type:
a. Fillers & Diluents
b. Binders
c. Disintegrates
d. Coatings
e. Flavoring agents
f. Lubricants
g. Others
2.By Form:
a. Dry
b. Liquid
3.By Application:
a. Probiotics
b. Prebiotics
c. Proteins & Amino Acids
d. Vitamins & Minerals
e. Omega-3 Fatty Acids f. Others
4.By Geography:
a. North America
b. Europe
c. Asia Pacific
d. Latin America
e. Middle East & Africa
Key Player:
1.Cargill, Incorporated
2.Ingredion Incorporated
3.Roquette Freres
4.Kerry Group
5.Sensient Technologies Corporation
6.DuPont de Nemours, Inc.
7.BASF SE
8.Ashland Global Holdings Inc.
9.Archer Daniels Midland Company
10.IMCD Group
Regional Analysis:
The nutraceutical excipients market is analyzed regionally as follows:
1.North America: North America is a major market for nutraceutical excipients, driven by the high demand for dietary supplements and functional foods. The region has a well-established nutraceutical industry, with a large number of manufacturers and suppliers. The United States is the largest market for nutraceutical excipients in the region, followed by Canada.
2.Europe: Europe is another significant market for nutraceutical excipients, driven by the growing focus on preventive healthcare and increasing demand for functional foods and dietary supplements. The region has a well-developed regulatory framework for nutraceutical products, which has helped to drive the growth of the market. The United Kingdom, Germany, and France are the largest markets for nutraceutical excipients in the region.
3.Asia Pacific: The Asia Pacific region is the fastest-growing market for nutraceutical excipients, driven by the increasing population, rising disposable incomes, and growing demand for preventive healthcare. The region has a large number of manufacturers and suppliers, and countries like China, India, and Japan are the major markets in the region.
4.Latin America: Latin America is a growing market for nutraceutical excipients, driven by the increasing demand for dietary supplements and functional foods. The region has a large population and rising disposable incomes, which is driving the demand for nutraceutical products. Brazil and Mexico are the largest markets for nutraceutical excipients in the region.
5.Middle East & Africa: The Middle East & Africa is a small but growing market for nutraceutical excipients. The region has a growing demand for dietary supplements and functional foods, driven by the increasing health consciousness among consumers. Countries like Saudi Arabia, South Africa, and UAE are the major markets for nutraceutical excipients in the region.
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Reasons to Purchase this Report:
•Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
•Provision of market value (USD Billion) data for each segment and sub-segment.
•Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
•Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
•Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
•Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
•The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.
•Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis.
•Provides insight into the market through Value Chain.
•Market dynamics scenario, along with growth opportunities of the market in the years to come.
•6-month post-sales analyst support.
Key Points:
•The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
•Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
•Porter's Five Force Model and SWOT analysis are used to study the global Nutraceutical Excipients market and would help stakeholders make strategic decisions.
•The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
•In-depth analysis of the types of Nutraceutical Excipients would help in identifying future applications in this market.
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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