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Phytochemical Market progress rapidly due to increasing demand for natural ingredients in the food and beverage industry | Döhler GmbH, Naturex SA, Kemin Industries Inc, Linnea SA

10-03-2023 09:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Phytochemical Market progress rapidly due to increasing demand

Phytochemicals are natural, non-nutritive plant chemicals that have protective or disease preventive properties. There are more than 25,000 known phytochemicals, including carotenoids, flavonoids, phenolic acids, phytoestrogens, and terpenes. Phytochemicals are not essential nutrients, but they may have health-promoting properties. For example, carotenoids are phytochemicals that are converted to vitamin A in the body and are known to have antioxidant and anti-inflammatory effects.

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Key Trends

There is a growing trend in the use of phytochemicals in technology. Phytochemicals are plant-based chemicals that have a variety of uses, including food additives, cosmetics ingredients, and pharmaceuticals. They are often used to replace synthetic chemicals, which can be more harmful to human health and the environment.

Some of the key trends in phytochemical technology include:

1. The use of phytochemicals as food additives.

Phytochemicals are increasingly being used as food additives due to their health benefits. They can help to improve the taste, texture, and nutritional value of food.

2. The use of phytochemicals in cosmetics.

Phytochemicals are also being used in cosmetics, such as skincare products and make-up. They can help to improve the appearance of the skin and hair, and they can also be used to treat skin conditions such as acne.

3. The use of phytochemicals in pharmaceuticals.

Phytochemicals are also being used in the development of new pharmaceutical drugs. They can be used to treat a variety of diseases and conditions, and they can also be used to improve the efficacy of existing drugs.

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Key Drivers

The key drivers of the phytochemical market are the increasing demand for natural ingredients in the food and beverage industry, the increasing use of phytochemicals in cosmetics and personal care products, and the growing popularity of functional foods and dietary supplements.

The food and beverage industry is the largest end-user of phytochemicals, accounting for more than 50% of the total demand. The demand for natural ingredients is increasing due to the health consciousness of consumers and the growing preference for organic and natural products. Phytochemicals are used in food and beverage products as natural colorants, flavors, and preservatives.

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Market Segments

The Phytochemical Market is segmented on the basis of application, form , molecule type and region. By molecule type, the market is divided into alkaloids, anthocyanins, carotenoids, coumestans, flavon-3-ols, flavonoids, and others. On the basis of application, it is fragmented into food and beverages, nutraceutical, pharmaceutical, personal care and cosmetics, animal nutrition, and others. By form, it is categorized into powder and liquid. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Phytochemical Market report includes players such a Döhler GmbH, Naturex SA, Kemin Industries Inc, Linnea SA, Sabinsa Corporation, Kothari Phytochemicals & Industries Ltd., Indena SpA, Alkaloids Corporation, Arboris LLC, and Allied Biotech Corp.

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• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
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• Robust and transparent research methodology

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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