Health Ingredients Market worth $155.61 billion by 2030, growing at a CAGR of 7.41% - Exclusive Report by 360iResearch

The "Health Ingredients Market by Type (Functional Carbohydrates, Minerals, Nutritional Lipids), Source (Animal, Microbial, Plant), Distribution Channel, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Health Ingredients Market to grow from USD 94.33 billion in 2023 to USD 155.61 billion by 2030, at a CAGR of 7.41%.

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Population across the globe faces the increasing burden of dietary and lifestyle-related diseases, resulting in increased interest in consumers in fortified healthy elements such as minerals, prebiotics, proteins, and vitamins. In addition, personalized nutrition trends in the food industry and nutrigenomics have enabled manufacturers to produce need-based products with healthy ingredients that serve functional purposes such as aiding digestion, supporting the immune system, and promoting mental health, beauty, and cardiovascular health. Moreover, consumers worldwide are looking for food products with proven health benefits, making them more inclined toward products with a holistic view, increasing the demand for healthy ingredients. However, adherence to stringent international quality standards and a lack of awareness about prebiotics, probiotics in emerging economies, and other healthy ingredients impede the adoption of health ingredients. Health ingredients companies, therefore, focus on innovations and developing food products derived from plant-based ingredients that provide a rich source of vitamins & minerals, proteins, and other healthy ingredients for vegans not consuming other protein-rich food. In addition, many people worldwide have allergies to eggs and other animal ingredients, increasing awareness among consumers of plant-based health ingredients.

Increasing incidences of chronic illnesses such as diabetes, cardiovascular diseases, osteoporosis, and arthritis fuel the demand for health ingredients among consumers across North America, Europe, Asia-Pacific, and the rest of the world. The Asia-Pacific region is the largest market for health ingredients, owing to the rapid urbanization in China, India, Japan, and several other Asian countries. This has resulted in most of the population suffering from vitamin and mineral insufficiency, providing an opportunity for major manufacturers of dietary supplements and functional foods & beverages to expand their footprints and strengthen their position as regional market leaders. These factors are expected to drive the region's demand for health ingredients products. Products targeting health and mental well-being have prompted the food industry to increase new food R&D initiatives across North America. Despite the uncertainties of existing regulations, it is a rapidly expanding market in major countries, such as the U.S. and Mexico. Additionally, the growing consumption of processed food and increasing awareness regarding health and fitness in developing economies are significant factors boosting market growth. At the same time, the industry is expected to grow in Europe, the Middle East, and the rest of the world due to the changes in food regulations, increasing self-care movement, and overwhelming scientific evidence, highlighting the crucial link between diet and health.

Market Segmentation & Coverage:

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

Based on Type, market is studied across Functional Carbohydrates, Minerals, Nutritional Lipids, Plant Enzymes, Prebiotics, Probiotic Starter Cultures, Proteins, and Vitamins. The Minerals is projected to witness significant market share during forecast period.

Based on Source, market is studied across Animal, Microbial, Plant, and Synthetic. The Animal is projected to witness significant market share during forecast period.

Based on Distribution Channel, market is studied across Offline and Online. The Online is projected to witness significant market share during forecast period.

Based on Application, market is studied across Animal Feed, Food & Beverages, and Personal Care. The Personal Care 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 is projected to witness significant market share during forecast period.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Health Ingredients 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 Health Ingredients 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 Health Ingredients Market, highlighting leading vendors and their innovative profiles. These include Ajinomoto Co., Inc., American Health, Inc., Amway Corp., Archer-Daniels-Midland Company, Arkopharma by Dermapharm AG, Arla Foods Ingredients Group P/S, Associated British Foods PLC, BASF SE, Bio-Tech Pharmacal, Inc., BioGaia AB, Bionova by Asahi Kasei Medical Co., Ltd., Cargill, Incorporated, Corbion N.V., Danone S.A., Divi's Laboratories Ltd., Divine Design Manufacturing, DuPont de Nemours, Inc., Döhler, FrieslandCampina Ingredients, Gemini Pharmaceuticals, Glanbia PLC, Herbalife International of America, Inc., i-Health Inc., Ingredion Incorporated, International Flavours and Fragrances Inc., Kerry Group PLC, Koninklijke DSM N.V., Kyowa Kirin Group, Lallemand Inc., Llama Naturals, Inc., Lonza Group AG, Martin Bauer Group, Matsun Nutrition, MegaFood, Nature's Sunshine Products, Inc., Nestle S.A., Nordic Naturals, Nu Skin Enterprises, Inc., NutraScience Labs, Pharma Natural, Pharmavite LLC, Probi AB, RBK Nutraceuticals Pty Ltd., Roquette Frères, Royal FrieslandCampina N.V., Standard Process Inc., Superior Supplement Manufacturing, Tate & Lyle PLC, Thorne HealthTech, Inc., and Yakult Honsha Co., Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Health Ingredients Market, by Type
7. Health Ingredients Market, by Source
8. Health Ingredients Market, by Distribution Channel
9. Health Ingredients Market, by Application
10. Americas Health Ingredients Market
11. Asia-Pacific Health Ingredients Market
12. Europe, Middle East & Africa Health Ingredients Market
13. Competitive Landscape
14. 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 Health Ingredients Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Health Ingredients Market?
3. What is the competitive strategic window for opportunities in the Health Ingredients Market?
4. What are the technology trends and regulatory frameworks in the Health Ingredients Market?
5. What is the market share of the leading vendors in the Health Ingredients Market?
6. What modes and strategic moves are considered suitable for entering the Health Ingredients Market?

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