Press release
Plant Based Bioactive Market Size to Expand Lucratively by 2031
Plant Based Bioactive Market
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Plant Based Bioactive Market- by Source (Fruits & vegetables, Plants, Legumes and Others), Application (Flavonoids, Phenolic Acids, Alkaloids, Saponins, Polysaccharides and Others), End-User (Functional Foods & beverages, Dietary Supplements, Animal Nutrition, Personal Care and Others), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."
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According to the latest research by InsightAce Analytic, the global Plant Based Bioactive market is valued at US$ 13.54 Billion in 2021, and it is expected to reach US$ 34.82 Billion by 2030, with a CAGR of 11.4% during a forecast period of 2024-2031.
Plant-Based Bioactives: Cultivating a Healthier Future
Bioactive ingredients, naturally occurring compounds that impact living organisms, are gaining significant traction in various industries.
Plant-based bioactives, derived from vegan sources, hold immense promise for:
• Food and Beverage: Enhancing nutritional value and functionality of food and beverages.
• Animal Nutrition: Improving animal health and performance.
• Personal Care Products: Offering natural and effective solutions for skin and hair care.
• Nutritional Supplements: Providing targeted health benefits for consumers.
Market Drivers:
• Consumer Preferences: The growing demand for natural and plant-based products over animal-derived ingredients is fueling market growth.
• Health Benefits: Plant-based bioactives offer a range of potential health benefits, including reduced risk of heart disease, diabetes, and stress, while boosting immunity and neurological health.
• Shifting Regulatory Landscape: Government support for organic products and a focus on sustainable practices are propelling the market forward.
• Increased Health Awareness: Growing concerns about the negative effects of synthetic ingredients are driving consumer preference for plant-based bioactives.
• Aging Population and Chronic Diseases: The rising use of health supplements to address chronic conditions in an aging population is creating a significant market opportunity.
• Functional Food Trend: The demand for bio-based functional foods and dietary supplements enriched with antioxidants and vitamins is increasing.
Conclusion:
The plant-based bioactives market is poised for significant growth, driven by consumer demand for natural and healthy alternatives. As awareness of the health benefits and diverse applications of these ingredients grows, their potential to transform the food, nutraceutical, and personal care industries is undeniable
Over the coming years, North America is expected to dominate the market for plant-based bioactives. Numerous producers and helpful government policies will support area industrial growth.
The high acceptability and financial capacity of consumers are another crucial factor influencing product adoption. Additionally, during the period of forecasting, the Asia Pacific Plant Based Bioactive market is anticipated to expand significantly. Older and younger populations' growing need to boost immunity has a significant impact on the industry. Additionally, the expansion of the personal care industry and increased expenditures in high-tech goods are significant drivers of regional demand.
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Major market players operating in the plant-based bioactive market include Naturex SA, IndenaSpA, Linnea SA, Dupont De Nemours & Co ltd, Martin Bauer GmbH &Co. KG, BASF SE, Arboris LLC, Cargill Inc., Hansen A/S, LIPO Foods, Roquette, Arla Foods, Doehler Group, Archer Daniels Midland Co. (ADM), DSM, Kerry Group, Corbion, Ajinomoto Co. Inc., Ingredion Inc., and Changsha Organic Herb Inc.
Recent collaborations and agreements in the market:
• In June 2019, a new line of bioactive compounds that can be used in the cosmetics industry was announced by BASF SE. Rambutan is used in introducing this product to moisturize, rejuvenate, and renew the skin. Producers who supply health insurance can participate in this program and earn above-average compensation.
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Market Segments
Global Plant Based Bioactive Market, by Source, 2022-2030 (Value US$ Mn)
• Fruits & vegetables
• Plants
• Legumes
• Others
Global Plant Based Bioactive Market, by Application, 2022-2030 (Value US$ Mn)
• Flavonoids
• Phenolic Acids
• Alkaloids
• Saponins
• Polysaccharides
• Others
Global Plant Based Bioactive Market, by End-User, 2022-2030 (Value US$ Mn)
• Functional Foods & Beverage
• Dietary Supplements
• Animal Nutrition
• Personal Care
• Others
Global Plant Based Bioactive Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Plant Based Bioactive Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Plant Based Bioactive Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Plant Based Bioactive Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Plant Based Bioactive Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Plant Based Bioactive Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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