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Nutraceutical Ingredients Global Market Worth $71.91 Billion By 2027 | Key Players: Cargill Incorporated, Koninklijke DSM NV, BASF SE, Arla Foods AMBA, Amway
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Nutraceutical Ingredients Global Market Report 2023 identifies the rising demand for probiotics and protein-rich foods is expected to propel the growth of the nutraceutical ingredients market going forward. Probiotics and protein-rich foods refer to live microorganisms and foods with high protein content that have been shown to improve health when consumed or applied to the body.
The global nutraceutical ingredients market size is expected to grow from $49.52 billion in 2022 to $53.39 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global nutraceutical ingredients market size is expected to grow to $71.91 billion in 2027 at a CAGR of 7.7%.
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Major players in the nutraceutical ingredients market are Cargill Incorporated, Archer-Daniels-Midland Company, Koninklijke DSM NV, BASF SE, Arla Foods AMBA, Ingredion Incorporated, Tate & Lyle, Ajinomoto Co Inc., Kraft Heinz Company, GlaxoSmithKline, Amway, Abbott Laboratories, Kellogg Company, Danone SA, Nestlé SA, PepsiCo Inc., General Mills Inc., Aker Biomarine, Procter & Gamble Company, Johnson & Johnson, Associated British Foods Plc., Chr. Hansen Holding A/S, Glanbia Plc., Fonterra Co-operative Group Limited, DuPont de Nemours Inc., Roquette Freres, Nutraceutix Inc., Novozymes A/S, and Dow Jones Industrial Average.
New product development & advancements are key trends gaining popularity in the nutraceutical ingredients market. Major market players are developing advanced products to sustain their position in the nutraceutical ingredients market.
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The Nutraceutical Ingredients Market Is Segmented -
• By Product Type: Vitamins, Proteins and Amino Acids, Probiotic, Minerals, Omega-3 Fatty Acids, Fibers and Specialty Carbohydrates, Prebiotic, Phytochemical and Plant Extracts, Other Product Types
• By Health Benefits: Cognitive Health, Gut Health, Heart Health, Bone Health, Immunity, Nutrition, Weigh Management, Other Health Benefits
• By Form: Dry, liquid
• By Application: Food, Beverages, Personal Care, Animal Nutrition, Dietary Supplements
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Nutraceutical Ingredients market.
The Business Research Company's "Global Nutraceutical Ingredients Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Nutraceutical Ingredients Market Include:
1. Executive Summary
2. Nutraceutical Ingredients Market Characteristics
3. Nutraceutical Ingredients Market Trends And Strategies
4. Nutraceutical Ingredients Market - Macro Economic Scenario
5. Nutraceutical Ingredients Market Size And Growth
.....
26. Africa Nutraceutical Ingredients Market
27. Nutraceutical Ingredients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nutraceutical Ingredients Market
29. Nutraceutical Ingredients Market Future Outlook and Potential Analysis
30. Appendix
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