Bioactive Ingredients Market is anticipated to grow up to USD 363.5 Billion by 2032 | Dupont, Cargill Inc., Archer Daniels Midland, BASF SE

New York, The Global Bioactive Ingredients Market was valued at USD 186.0 Billion in 2022 and it is anticipated to grow up to USD 363.5 Billion by 2032, at a CAGR of 6.9% during the forecast period.

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Market Trends and Drivers

Bioactive ingredients, such as carotenoids, terpenoids, saponins, polyphenols, and phenolic compounds, are increasingly used for developing functional food & beverages and dietary supplements. The rising dependability of individuals on functional foods& beverages and dietary supplements to meet their nutritional requirements is anticipated to drive the industry growth. The growing demand for functional food and beverages owing to increasing consciousness among people about maintaining a balanced diet with a proper content of essential nutrients.

The industry offers lucrative growth opportunities to manufacturers of these compounds owing to their increasing usage in functional food and beverages, as well as in dietary supplements. Moreover, they are extensively used in the development of personal care products, such as shampoos, soaps, and moisturizers.

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Global Bioactive Ingredients Market Segmentation

By Product

Fiber
Vitamins
Omega 3 PUFA
Plant Extracts
Minerals
Carotenoids & Antioxidants
Probiotics
Other
By Application

Functional Food & Beverage
Dietary Supplements
Clinical Nutrition
Personal Care
Other
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Major Players in the Global Bioactive Ingredients Market

The key players in the market Dupont, Cargill Inc., Archer Daniels Midland, BASF SE, Koninklijke DSM N.V., Arla Foods, FMC Corporation, Ingredion Incorporated, Roquette Frères S.A. and Kerry Inc., among others.

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This release was published on openPR.