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Nutraceutical Excipients Market worth $6.63 billion by 2030, growing at a CAGR of 6.77% - Exclusive Report by 360iResearch

03-12-2024 02:26 PM CET | Health & Medicine

Press release from: 360iResearch

Nutraceutical Excipients Market | 360iResearch

Nutraceutical Excipients Market | 360iResearch

The "Nutraceutical Excipients Market by Form (Dry, Liquid), Source (Inorganic Chemical, Organic Chemical), Function - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Nutraceutical Excipients Market to grow from USD 4.19 billion in 2023 to USD 6.63 billion by 2030, at a CAGR of 6.77%.

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Nutraceutical excipients are inactive substances formulated alongside the active ingredients of a nutraceutical product. These excipients serve various functions, such as aiding in product stability, enhancing bioavailability, or improving the overall product aesthetic, such as taste or appearance. This market caters to the application of excipients in the form of binders, fillers, diluents, disintegrants, and coatings, among others, in the nutraceutical industry. Increasing health awareness with the rise in chronic diseases is expanding the consumption of nutraceuticals, subsequently driving the growth of the nutraceutical excipients market. Additionally, the expansion of the diet food market and increased demand for functional foods have spurred the development of innovative nutraceutical excipients. Stringent regulatory requirements for approval and the complexity involved in formulating excipients that are compatible with a range of active ingredients hampers the growth of the market. Rising research and development for excipients that enhance the bioavailability of nutraceuticals represents an opportunity for the growth of the nutraceutical excipients market.

In the Americas, nutraceutical excipients are bolstered by a presence of robust and health-conscious consumer base with a high demand for functional foods and diet. Customers are inclined towards transparent labeling and clean excipients that align with their dietary preferences and lifestyle choices. Research initiatives are blending technology with health, as seen in the adoption of advanced delivery systems for improved bioavailability. The European Union exhibits a high level of regulatory rigor in the nutraceutical sector, promoting the safety and efficacy of products. Consumers in the region are inclined towards nutraceuticals with clinically proven health benefits and minimal processing. The EU's Novel Food Regulation is instrumental in guiding new excipients entering the market. Recent patents in the region emphasize innovative botanical extracts and synergistic combinations of excipients that enhance product stability and functionality. Asia-Pacific's nutraceutical excipients market is rapidly expanding, driven by a growing middle class and an increasingly elderly population. Traditional Chinese Medicine (TCM) influences the development and marketing of nutraceutical products. Patents in the region often incorporate herbal and natural components, with significant investments in research to validate the efficacy of these traditional excipients in modern applications. Middle East and Africa are experiencing rising demand for diet and functional foods due to a growing expatriate population and an increase in lifestyle-related diseases.

Market Segmentation & Coverage:

This research report categorizes the Nutraceutical Excipients Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Form, market is studied across Dry and Liquid. The Dry is projected to witness significant market share during forecast period.

Based on Source, market is studied across Inorganic Chemical and Organic Chemical. The Organic Chemical is projected to witness significant market share during forecast period.

Based on Function, market is studied across Binders, Coating Agents, Disintegrants, Fillers & Diluents, Flavoring Agents, and Lubricants. The Disintegrants is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.44% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Nutraceutical Excipients Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Nutraceutical Excipients Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Nutraceutical Excipients Market, highlighting leading vendors and their innovative profiles. These include Akzo Nobel N.V., Ashland Global Holdings Inc., BASF SE, Cargill, Incorporated, Colorcon Inc., Croda International PLC, DuPont de Nemours, Inc., Evonik Industries AG, Gattefossé, Grain Processing Corporation (GPC), Hilmar Ingredients, IMCD N.V., Ingredion Incorporated, Innophos Holdings Inc., Innospec Inc., Kerry Group PLC, Kewpie Corporation, Lonza Group Ltd., Lubrizol Corporation, Meggle Group, Merck KGaA, Mitsubishi Chemical Holdings Corporation, Nutra Healthcare, Roquette Frères, Sensient Technologies Corporation, Signet Chemical Corporation Pvt. Ltd., and Wacker Chemie AG.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Nutraceutical Excipients Market, by Form
7. Nutraceutical Excipients Market, by Source
8. Nutraceutical Excipients Market, by Function
9. Americas Nutraceutical Excipients Market
10. Asia-Pacific Nutraceutical Excipients Market
11. Europe, Middle East & Africa Nutraceutical Excipients Market
12. Competitive Landscape
13. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Nutraceutical Excipients Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Nutraceutical Excipients Market?
3. What is the competitive strategic window for opportunities in the Nutraceutical Excipients Market?
4. What are the technology trends and regulatory frameworks in the Nutraceutical Excipients Market?
5. What is the market share of the leading vendors in the Nutraceutical Excipients Market?
6. What modes and strategic moves are considered suitable for entering the Nutraceutical Excipients Market?

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Contact 360iResearch

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Sales & Marketing,
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Opposite Phoenix Market City,
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India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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