Global Nutraceutical Ingredient Market to Amass a Net Value of $34578.77 Million by 2025

According to a new market research report published by Inkwood Research, the global nutraceutical ingredient market that was valued to be at $29540 million in the year 2016, is predicted to catapult with a CAGR of 10.5% for the forecast period of 2017-2025, generating a net value of $34578.77 million.

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Browse 07 market data Tables and 30 Figures spread through 134 Pages and in-depth TOC on “Global nutraceutical ingredient market forecast 2017-2025.”

Rising influx of nutraceutical ingredients in functional food and beverage sector impelling the market growth.
A considerable increase in the launch of nutraceutical ingredient has been observed in the past few years. Consumers are increasingly embracing personal healthcare practices that include the incorporation of healthy nutraceutical protein ingredients in their diet. Also, the rising adoption of vegan food practices is augmenting the need for functional foods.
The Fibers and Specialty Carbohydrates market segment to lead the market over the forecast period
The global nutraceutical market segment by type includes fibers and specialty carbohydrates, vitamins, omega-3, structured lipids, phytochemicals and plant extracts, minerals, carotenoids, antioxidants, prebiotics, and probiotics. Because of the heightened demand for fiber and specialty carbohydrates from the food and beverage sector, the global vendors are deliberating to increase its production. Also, the market for prebiotics and probiotics is predicted to rise at an 8.22% CAGR on account of their strong sales in the US.
Asia-Pacific to be the fastest growing region in the global market
The global nutraceutical ingredient market is geographically segmented across Asia-Pacific, Europe, North America and the rest of the world. The European market is touted to rise at a CAGR of 8.09%, followed by the Asia-Pacific market which is expected to be a market leader by the end of the forecast period. The North American market is also anticipated to account for a significant growth by rising at a CAGR of 7.28%.
Low entry barriers to encourage the entry for small-scale regional vendors.
Because of the low entry barrier, the market is witnessing a rise in the number of contract manufacturers and small scale regional vendors. DuPont and Royal DSM NV are the pioneers in the global market. Companies like Cargill Inc and Archer Daniels are increasingly engaging in agribusiness. Some of the other noted players in the market include Arla Foods Deutschland, Associated British Foods Plc, Ingredion Incorporated, Nestle SA, Ajinomoto Co., Inc., GlaxoSmithKline PLC, Dean Foods Company, Tate & Lyle Plc, BASF Se, General Mills, Inc., and E.I.D.-Parry (India) Ltd.
The global nutraceutical ingredient market report provides competitive landscapes, market drivers, trends, restraints, opportunities and challenges in this market. The report estimates the current size and the future growth potential of the market across diverse applications, technologies, verticals, types, and regions. The outlook of the report additionally comprises of mergers and acquisitions, strategies, product portfolios, agreements, partnerships and collaborations amongst the key players.

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