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Nutraceutical Excipients Market Poised for 6.5 % Growth, Set to Hit $19.57 Billion by 2029
Which drivers are expected to have the greatest impact on the over the nutraceutical excipients market's growth?Advancement in the nutraceutical excipients market is expected to be fuelled by an increasing interest in maintaining good health and wellness. This concept includes a balanced physical, mental, and social state, which are obtained through thoughtful lifestyle decisions, positive behavioral patterns, and preventive steps that enhance the overall health and superior quality of life of an individual. Nutraceutical excipients, which play a crucial role by enhancing the bioavailability, stability, delivery, tastefulness, and regulatory compliance of nutraceutical items, facilitate overall health and wellness. For example, as per the Global Wellness Institute (GWI), a nonprofit entity based in the US, the UK's wellness market was valued at $224 billion in 2022, taking the fifth spot globally and surpassing its global population rank of 21st with a population of about 69 million. It lags only behind the US, China, Germany, and Japan. Therefore, the nutraceutical excipients market's growth is being accelerated by soaring health and wellness demand.
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What is the future CAGR of the nutraceutical excipients market, and how will it impact industry expansion?
The market size for nutraceutical excipients has seen robust growth in recent years, with its value projected to rise from $4.03 billion in 2024 to $4.36 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.2%. The historical growth trend is predominantly due to rising demand for nutraceutical products, heightened understanding of nutraceutical health benefits, advancements in technology, innovation in products, escalating healthcare expenses, the need for preventive healthcare, along with an increasing aged populace and occurrence of chronic conditions.
The market size for nutraceutical excipients is anticipated to experience robust growth in the upcoming years, escalating to a value of $5.61 billion by 2029 with a 6.5% compound annual growth rate (CAGR). Factors attributing to this growth during the forecast period include heightened awareness around nutraceutical uses, increased consumer demand for functional foods, a growing number of chronic illness cases, technological advancements, and product innovations. The expanding healthcare and insurance sectors in developing nations also contribute to this growth. Notable trends to watch in the forecast period comprise clean label excipients, sophisticated delivery systems, tailored-made excipient solutions, and a concentrated focus on sustainability.
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What are the most significant trends transforming the nutraceutical excipients market today?
Prominent players in the nutraceutical excipients market are prioritizing the creation of novel products such as plant-derived excipients to meet the increasing consumer preference for natural and eco-friendly ingredients. These plant-based excipients are naturally occurring compounds obtained from plants that are used as inert components in dietary supplements and functional foods. They improve stability, bioavailability, and effectiveness. They also include substances like cellulose and gum arabic that function as fillers, binders, and stabilizers, facilitating nutrient absorption and ensuring product uniformity. For example, in May 2023, Roquette Frères, a food company based in France, introduced PEARLITOL ProTec. This new excipient, developed to bolster the stability of probiotic supplements, is a plant-derived co-processed mixture of mannitol and maize starch. It effectively safeguards moisture-sensitive active ingredients, thereby enhancing product shelf life and compatibility across a wide range of consumer-friendly dosage types.
Which key market segments comprise the nutraceutical excipients market and drive its revenue growth?
The nutraceutical excipients market covered in this report is segmented -
1) By Product Type: Fillers And Diluents, Binders, Disintegrants, Coating agent, Flavoring Agents, Lubricants
2) By Form: Dry, Liquid
3) By End Use: Protein And Amino Acids, Prebiotics and Probiotics, Vitamins, Other End Uses
Subsegments:
1) By Fillers And Diluents: Microcrystalline Cellulose, Lactose, Starch, Dicalcium Phosphate
2) By Binders: Gelatin, Polyvinylpyrrolidone (PVP), Hydroxypropyl Methylcellulose (HPMC), Starch-Based Binders
3) By Disintegrants: Sodium Starch Glycolate, Croscarmellose Sodium, Microcrystalline Cellulose, Pregelatinized Starch
4) By Coating Agents: Hydroxypropyl Methylcellulose (HPMC), Polyvinyl Alcohol (PVA), Shellac, Enteric Coatings
5) By Flavoring Agents: Natural Flavoring Agents, Artificial Flavoring Agents, Sweeteners
6) By Lubricants: Magnesium Stearate, Stearic Acid, Talc, Silicon Dioxide
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What regions are at the forefront of nutraceutical excipients market expansion?
North America was the largest region in the nutraceutical excipients market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nutraceutical excipients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the nutraceutical excipients market?
Major companies operating in the nutraceutical excipients market report are Cargill Incorporated, BASF SE, Air Liquide, CJ CheilJedang Corporation, Evonik Industries AG, Associated British Foods plc, Dow DuPont Inc., International Flavors And Fragrances Inc, Conagra, Kerry Group plc, Ingredion, Givaudan, Lonza Group, Glanbia plc, Barilla Group, Sensient Technologies Corporation, Azelis Group, Hilmar Cheese Company Inc, Ashland Inc., Hawkins Inc., Innophos, SPI Pharma Inc., Nexira, Pfanstiehl Inc., Biogrund GmbH
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What Is Covered In The Nutraceutical Excipients Global Market Report?
•Market Size Forecast: Examine the nutraceutical excipients market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the nutraceutical excipients market for a structured understanding.
•Key Players Overview: Analyze major players in the nutraceutical excipients market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the nutraceutical excipients market.
•Segment Contributions: Evaluate how different segments drive overall growth in the nutraceutical excipients market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the nutraceutical excipients market.
•Industry Challenges: Identify potential risks and obstacles affecting the nutraceutical excipients market.
•Competitive Landscape: Review strategic developments in the nutraceutical excipients market, including expansions, agreements, and new product launches.
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