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Neutraceutical Ingredients Market Worldwide Industry Analysis, Size | Trends, Forecast 2017-2025

02-06-2018 01:37 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Due to the growing need for essential supplements that provide therapeutic, medicinal, and pharmacological benefits besides providing nutrition; the demand for nutraceutical products has rapidly increased across the globe. Nutraceutical ingredients are basic essential elements required for the body’s immunity. They are highly effective in the prevention of chronic diseases, which may occur due to nutrient deficiency in the body. These ingredients are found in diverse forms ranging from naturally occurring substances and chemical compounds to bioactive substances. However, their purpose to promote health and well-being and prevent diseases remains the same across all forms.

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Key factors driving the global nutraceutical ingredients market are the rising reliability of and awareness about nutraceutical products and rapidly expanding customer base across the globe. In addition; increasing geriatric population along with the rising prevalence of chronic illnesses has spurred alarms relating to health of the global population. These factors are anticipated to fuel the market for nutraceuticals and nutraceutical ingredients significantly from 2017 to 2025. The shift in consumer preference for healthier food products while shopping, in order to meet their nutritional needs, is fueling the global neutraceuticals market. Food products containing nutraceutical ingredients help in the prevention of nutrient deficiency as well as various disorders. Owing to increase in the number of clinical evidences supporting health benefits of neutraceuticals and rapid rise in the consumption of nutraceutical products worldwide, the nutraceutical ingredients market is expanding rapidly across developing economies.

At present, developed countries are not the only geographies to witness high demand for nutraceutical ingredients. The concept of nutraceutical ingredients and related food products is rapidly emerging in developing countries also. Countries such as China and India are primary consumers of nutraceutical ingredients for production of different food supplemental and pharmaceutical products. These countries are witnessing increasing per capita income, growing adoption of sedentary lifestyle, and rising demand for nutritional food. These developing countries are estimated to offer a significant opportunity for growth of the nutraceutical ingredients market in the near future. Nutraceutical ingredients are used in applications such as functional food and beverages, dietary supplements, personal care products, and animal nutrition products. Based on element, the nutraceutical ingredients market can be segmented into prebiotics, fibers & specialty carbohydrates, probiotics, peptides & proteins, phytochemicals & plant extracts, minerals, vitamins, carotenoids & antioxidants, amino acids, omega 3, and structured lipids.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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