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Bioactive Ingredients Market Report 2023-2032: Market Size, Growth, Share, Trends And Forecast | Sabinsa Corporation, Archer Daniels Midland Company (ADM), BASF SE, Cargill, Incorporated
Bioactive Ingredients Market
The Business Research Company's Bioactive Ingredients Global Market Report 2023 identifies Increasing adoption of organic and natural ingredients as the major driver for the Bioactive Ingredients market's growth in the forecast period. Ingredients that are derived from nature and manufactured without synthetic chemicals or genetically modified organisms (GMOs) are referred to as organic and natural ingredients. Customers have become more aware of the possible health benefits of natural and organic chemicals, and many products include these ingredients.
The global bioactive ingredients market size is expected to grow from $41.97 billion in 2022 to $45.28 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 bioactive ingredients market size is expected to reach $60.6 billion in 2027 at a CAGR of 7.6%.
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Major competitors in the Bioactive Ingredients market are Sabinsa Corporation, Archer Daniels Midland Company (ADM), BASF SE, Cargill, Incorporated.
A key trend in the Bioactive Ingredients market includes Product innovations. Major companies operating in bioactive ingredients are developing innovative products to sustain their position in the market. For instance, in April 2022, Demetrix, Inc., a US-based biotechnology business that specializes in developing and manufacturing bioactive compounds, announced the commercial-scale launch of a novel bioactive component, Arete-G, which is the company's proprietary CBG and a rare c*annabinoid present in the c*annabis sativa plant. In vitro experiments using the Chorioallantoic Membrane Vascular Assay (CAMVA) and the Bovine Corneal Opacity and Permeability (BCOP) assay were used to assess CBG for eye discomfort. Neither of the CBG formulations examined (1% CBG cream or 10% CBG in caprylic/capric triglyceride) was found to be an irritant in the BCOP assay or CAMVA.
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The Bioactive Ingredients market is segmented -
1. By Product: Fiber, Vitamins, Omega 3 PUFA, Plant Extracts, Minerals, Carotenoids And Antioxidants, Probiotics, Other Products
2. By Source: Plant, Animal, Microbial
3. By Application: Functional Food And Beverage, Dietary Supplements, Clinical Nutrition, Personal Care, Other Applications
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Bioactive Ingredients market.
The Business Research Company's "Global Bioactive 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 Bioactive Ingredients Market Include:
1. Executive Summary
2. Bioactive Ingredients Market Characteristics
3. Bioactive Ingredients Market Trends And Strategies
4. Bioactive Ingredients Market - Macro Economic Scenario
5. Bioactive Ingredients Market Size And Growth
……
26. Africa Bioactive Ingredients Market
27. Bioactive Ingredients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Bioactive Ingredients Market
29. Bioactive Ingredients Market Future Outlook and Potential Analysis
30. Appendix
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