Nutraceutical Ingredients Industry is Expected to Reach $ 327.5 Billion by 2031 - Associated British Foods, Arla Foods, DSM, Ingredients

The Global Nutraceutical Ingredients Market reached USD 174.5 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 327.5 billion by 2031. The global nutraceutical ingredients market is expected to exhibit a CAGR of 8.4% during the forecast period (2024-2031).

Nutraceutical substances enhance health, boost immunity, delay aging, prevent chronic diseases, and support body composition, while also addressing malnutrition in children. The nutraceutical ingredients market is rapidly expanding due to increased awareness of their health benefits, rising demand for functional foods, growing interest in preventive healthcare, and a surge in use. The prevalence of chronic diseases and lifestyle disorders further drives market growth.

Get a Free Sample Research PDF: https://www.datamintelligence.com/download-sample/nutraceutical-ingredients-market

Market Trends:

The growing launch of nutraceutical ingredient products is a key factor driving market growth. For example, on December 17, 2022, Nutrilitius expanded its portfolio by introducing nutraceuticals to promote health and immunity. Known for selling high-quality nuts and dried fruits, Nutrilitius now offers clinically researched, FSSAI-certified vegan and sugar-free nutraceuticals in capsule form to ensure quality, safety, and efficacy.

Segment Covered in the Nutraceutical Ingredients Market:
By Product Type: Probiotics, Proteins and Amino Acids, Phytochemical & Plant Extracts, Fibers & Specialty Carbohydrates, Omega-3 Fatty Acids, Vitamins, Prebiotic, Carotenoids, Minerals, Others
By Form: Dry, Liquid
By Health Benefits: Cognitive Health, Gut Health, Heart Health, Bone Health, Immunity, Nutrition, Weight Management, Others
By Application: Food & Beverage

Regional Analysis:
The global Nutraceutical Ingredients market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

The global Nutraceutical Ingredients market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Nutraceutical Ingredients market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Major Key Players
• Associated British Foods
• Arla Foods
• DSM
• Ingredients
• Tate & Lyle
• Ajinomoto
• CHR. Hansen
• Kyowa Hakko Kirin Group
• Glanbia Plc
• Fonterra Co-Operative Group Limited

Related Reports
Edible Oil Market: https://www.datamintelligence.com/research-report/edible-oil-market

Fatty Acids Supplement Market: https://www.datamintelligence.com/research-report/fatty-acids-supplement-market

Vitamins and Minerals Supplements Market: https://www.datamintelligence.com/research-report/vitamins-and-minerals-supplements-market

Affiliate Marketing Request here: https://www.datamintelligence.com/affiliate-marketing

Get Customization in the report as per your requierments: https://www.datamintelligence.com/customize/nutraceutical-ingredients-market

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.