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Nutraceutical Excipient Market Size to Boost USD 9036.5 million By 2033 | CAGR 8.0% Published by Emergen Research
Nutraceutical Excipient Market
The nutraceutical excipient market is witnessing significant growth, driven by the increasing demand for dietary supplements and functional foods. Nutraceutical excipients are inactive ingredients used in the formulation of nutraceutical products to enhance their stability, bioavailability, taste, and texture. These excipients play a crucial role in ensuring the effectiveness and shelf life of nutraceuticals, which are increasingly sought after for their health benefits. The growing awareness of preventive healthcare, coupled with a rising aging population and lifestyle-related health concerns, has fueled the expansion of this market.
The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Drivers of the Nutraceutical Excipient Market :
The primary driver of the nutraceutical excipient market is the growing consumer preference for health and wellness products. The increasing prevalence of chronic diseases, such as diabetes, obesity, and cardiovascular disorders, has spurred demand for nutraceuticals, which in turn drives the need for high-quality excipients. Innovations in drug delivery systems and advancements in excipient technology, such as the development of multifunctional excipients, have further propelled market growth. Additionally, the expansion of the global food and beverage industry and the increasing adoption of plant-based and clean-label products have boosted demand for natural and organic excipients.
Restraints of the Nutraceutical Excipient Market :
Despite its growth potential, the nutraceutical excipient market faces challenges that could hinder its expansion. The stringent regulatory framework surrounding the approval and use of excipients can delay product launches and increase compliance costs for manufacturers. The high cost of advanced excipients, particularly in emerging economies, may limit their adoption among cost-sensitive manufacturers. Moreover, the lack of standardization in excipient quality and the potential for adverse reactions in sensitive individuals can pose challenges to market growth. These factors may compel manufacturers to seek cost-effective alternatives, which could impact the growth trajectory.
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Growth Factors of the Nutraceutical Excipient Market :
The nutraceutical excipient market is ripe with opportunities, driven by advancements in formulation technologies and the rising trend of personalized nutrition. Manufacturers are focusing on developing excipients that enhance the bioavailability of active ingredients, particularly in fat-soluble vitamins and poorly water-soluble compounds. The increasing popularity of chewable tablets, and other innovative dosage forms is creating new avenues for excipient manufacturers to develop solutions that improve texture, taste, and consumer appeal. Additionally, the growing interest in organic and natural nutraceuticals presents opportunities for the development of excipients derived from plant-based and sustainable sources.
The report also discusses the key players involved in the market such as:
International Flavors & Fragrances Inc (US) , Kerry Group plc (Ireland) , Ingredion (US), Sensient Technologies Corporation (US) , Associated British Foods plc (UK), BASF SE (Germany), Roquette Frères (France), MEGGLE GmbH & Co. KG (Germany), Cargill, Incorporated (US), Ashland (US), Hilmar Cheese Company, Inc (US), Air Liquide (France), Azelis Group (Luxembourg), Biogrund GmbH (Germany), IMCD (Netherlands), Innophos (US), JRS PHARMA (Germany), Omya AG (Switzerland), Daicel Corporation (Japan), Alsiano A/S (Denmark), Colorcon (US), Fuji Chemical Industries Co., Ltd (Japan)
The report provides a thorough estimation of the overall impact of the pandemic on the Nutraceutical Excipient Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Nutraceutical Excipient Market
Nutraceutical Excipient Market Segment Analysis :
Product Source Outlook (Revenue, USD Million; 2020-2033)
Organic Chemicals
Inorganic Chemicals
Other Chemicals
Functionality Outlook (Revenue, USD Million; 2020-2033)
Fillers & Diluents
Suspending & Viscosity Agents
Coating Agents
Binders
Flavoring Agents & Sweeteners
Disintegrants
Colorants
Lubricants & Glidants
Preservatives
Emulsifying Agents
Other Functionalities
Formulation Outlook (Revenue, USD Million; 2020-2033)
Dry
Tablets
Capsules
Liquid
Other Formulations
End Product Outlook (Revenue, USD Million; 2020-2033)
Protein & Amino Acids
Omega-3 Fatty Acids
Vitamins
Minerals
Prebiotics
Probiotics
Other End Products
Functionality Application Outlook (Revenue, USD Million; 2020-2033)
Taste Masking Stabilizers Modified-Release
Solubility & Bioavailability
Others
Regional Outlook (Revenue, USD Million; 2020-2033)
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Italy
Spain
Sweden
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Thailand
Australia
Singapore
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Israel
Rest of MEA
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Explore More of this reports @
Nutraceutical Excipient Market Size @ https://www.emergenresearch.com/industry-report/nutraceutical-excipient-market/market-size
Nutraceutical Excipient Market Share @ https://www.emergenresearch.com/industry-report/nutraceutical-excipient-market/market-share
Nutraceutical Excipient Market Trends @ https://www.emergenresearch.com/industry-report/nutraceutical-excipient-market/market-trends
Nutraceutical Excipient Regional Market Demand @ https://www.emergenresearch.com/industry-report/nutraceutical-excipient-market/regional-market-demand
Nutraceutical Excipient Market Analysis @ https://www.emergenresearch.com/industry-report/nutraceutical-excipient-market/market-analysis
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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