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Unprecedented Growth Indicators: Health Ingredients Market Size Estimations and Expansion Prospects
Factors such as ethnic health traditions, advancements in nutritional science, increased consumer health awareness, and rising demand for functional foods are propelling the health ingredients market's growth trajectory.What Is The Projected Market Size Of The Global Health Ingredients Market And Its Growth Rate?
• The health ingredients market saw significant growth, escalating from $114.35 billion in 2024 to $123.72 billion in 2025 at a CAGR of 8.2%.
• This growth is largely due to cultural and ethnic health traditions, advancements in nutritional science, increased consumer health awareness, and changing dietary patterns.
• The market is projected to reach $172.76 billion in 2029 at a CAGR of 8.7%, with growth being propelled by factors like growing health consciousness, demands of an aging population, evolving consumer lifestyles, and expansion of the functional foods market.
What Is Driving The Growth In The Health Ingredients Market?
A spike in heart diseases and obesity-related problems is expected to boost the health ingredient market's growth. Health ingredients such as omega-3 fatty acids in meals aid in preventing or curing heart diseases, thereby fueling the market's expansion. For instance, the World Obesity Atlas 2022 report predicts that the global number of obese individuals (Class I, II, and III) is set to rise to around 892 million by 2025. Similarly, heart disease annually claims the lives of about 697,000 people in the U.S., constituting one in every five deaths. Hence, escalating incidences of heart diseases and obesity-related problems are catalyzing the growth of the health ingredient market.
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Who Are the Key Players Driving Health Ingredients Market Growth?
Major players in the health ingredients market include:
• Cargill Incorporated
• Archer Daniels Midland Co.
• BASF SE
• Evonik Industries AG
• Associated British Foods plc
• Fonterra Co-operative Group Limited
• DuPont de Nemours Inc.
• International Flavors & Fragrances Inc.
• Kerry Group plc
• Koninklijke DSM NV and others
What Are The Key Trends In The Health Ingredients Market?
Market trends include:
• Rise in beauty-boosting ingredients
• Enhanced sports nutrition ingredients
• Incorporation of antioxidant-rich ingredients
• Utilization of ancient and traditional ingredients
• Exploration of sustainable sources
What Are The Segments Of The Global Health Ingredients Market?
The health ingredients market is segmented by:
• Type: Vitamins, Minerals, Probiotic Starter Cultures, Prebiotics, Plant And Fruit Extracts, Enzymes, Nutritional Lipids, Functional Carbohydrates, Proteins
• Source: Plant-Based, Animal-Based, Microbial-Based
• Function: Weight Management, Immunity Enhancement, Gut Health Management, Joint Health Management, Heart Or Cardiovascular Health Management, Eye Health Management, Brain Health Management, Other Functions
• Distribution Channel: Supermarket, Retail Store, Online Sales
• Application: Food And Beverages, Pharmaceuticals, Animal Feed, Personal Care
Which Region Leads The Health Ingredients Market?
North America dominated the health ingredients market in 2024, whereas the Asia-Pacific region is predicted to witness the fastest growth in the future. The report covers several regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Health Ingredients Market Global Market Report?
- Market Size Analysis: Analyze the Health Ingredients Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Health 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 Health Ingredients Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Health Ingredients Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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