Press release
Global Nutraceutical Ingredients Market: Exploring Projections, Drivers, and Trends
Experiencing robust growth due to increasing health awareness and lifestyle changes, the global nutraceutical ingredients market is expected to reach $88.06 billion by 2029, growing at a CAGR of 9.1%.What Is The Projected Market Size Of The Global Nutraceutical Ingredients Market And Its Growth Rate?
The nutraceutical ingredients market has showcased significant growth in recent years:
• The market was valued at $57.52 billion in 2024.
• It is projected to reach $62.1 billion in 2025 growing at a CAGR of 8.0%.
• The growth from 2024 to 2025 can be attributed to increasing health awareness, aging population, preventive healthcare, lifestyle diseases, consumer preferences, and various government initiatives.
• The market is expected to reach $88.06 billion by 2029 growing at a CAGR of 9.1%.
• The forecasted growth can be credited to factors such as personalized nutrition, e-commerce growth, clean label demand, plant-based movement, immune health focus, and mental wellness products.
What Is Driving The Growth In The Nutraceutical Ingredients Market?
The nutraceutical ingredients market's growth is largely driven by the rising demand for probiotics and protein-rich foods. Probiotics, live microorganisms, and foods with high protein content have been proven to improve health when consumed or applied to the body. Nutraceutical ingredients provide essential proteins for the human body, and therefore, the demand for these ingredients coincides with the demand for probiotics and protein-rich foods. For example, in a survey conducted by the International Food Information Council, around one third (32%) of respondents indicated they actively try to eat probiotics, and of those, 60% try to do so at least once per day and 24% try to do so several times per day.
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Who Are the Key Players Driving Nutraceutical Ingredients Market Growth?
Key players in the nutraceutical ingredients market include:
• Cargill Incorporated
• Abbott Laboratories
• Ajinomoto Co. Inc.
• Aker Biomarine ASA
• Alticor Inc.
• Archer-Daniels-Midland Company
• Arla Foods Amba
• Associated British Foods plc
• BASF SE
• Chr. Hansen Holding A/S
• Danone SA
• DuPont de Nemours Inc.
• Fonterra Co-operative Group Limited
• General Mills Inc.
• Glanbia plc
• GlaxoSmithKline plc
• Ingredion Incorporated
• Johnson & Johnson Services Inc.
• Kellogg Company
• Koninklijke DSM NV
• Kraft Heinz Company
• Nestlé SA
• Novozymes A/S
• Nutraceutix Inc.
• PepsiCo Inc.
• Procter & Gamble Company
• Roquette Freres SA
• Tate & Lyle plc
• Kerry Group plc
• FMC Corporation
• Lonza Group AG
• Nutraceutical International Corporation
• Sabinsa Corporation
What Are The Key Trends In The Nutraceutical Ingredients Market?
Key trends in the nutraceutical ingredients market include:
• Increased attention to probiotics and gut health.
• Demand for clean labels and transparency.
• Development of cognitive health ingredients.
• Sustainable sourcing and ethical practices.
• Technological innovations in delivery formats.
What Are The Segments Of The Global Nutraceutical Ingredients Market?
The market is segmented by:
1) Product Type: Vitamins, Proteins And Amino Acids, Probiotic, Minerals, Omega-3 Fatty Acids, Fibers And Specialty Carbohydrates, Prebiotic, Phytochemical And Plant Extracts, Other Product Types
2) Health Benefits: Cognitive Health, Gut Health, Heart Health, Bone Health, Immunity, Nutrition, Weight Management, Other Health Benefits
3) Form: Dry, Liquid
4) Applications: Food, Beverages, Personal Care, Animal Nutrition, Dietary Supplements
Which Region Leads The Nutraceutical Ingredients Market?
North America was the largest region in the nutraceutical ingredients market in 2024. On the other hand, Asia-Pacific is expected to be the fastest-growing region during the forecast period. The market report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Nutraceutical Ingredients Global Market Report?
- Market Size Analysis: Analyze the Nutraceutical Ingredients Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Nutraceutical Ingredients Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Nutraceutical Ingredients Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Nutraceutical Ingredients Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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