Press release
Current Industry Scenario of Bioactive Ingredients & Product Market for the Forecast Period 2017-2025
People are starting to understand the types of products used in food and beverages that help maintain proper health and balanced diet due to increased awareness and improved educational facilities.
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Producers are also strategies and plan for the convenience factor for consumers and providing them important nutrients and proteins in the form of beverages and food instead of supplements. For example, shampoos, mineral enriched creams are making headlines market as they assure better skincare, hair care etc. For example, several plant phenolic compounds have antioxidant properties; lycopene, which is found in tomatoes and other fruits, exhibits protective effects against prostate cancer. Probiotics, prebiotics, proteins, vitamins, minerals, fibers and plant extracts are major bioactive ingredients that are being employed to prepare various food & beverage products for human as well as animal consumption.
The global bioactive ingredients & product market is estimated to expand due to the rise in health concerns and continued research and development in the field of bioactive ingredients, leading to innovative products. Worldwide aging population is also expected to drive the market, as elderly people are more susceptible to various chronic diseases and hence, are recommended to follow a healthy diet. Rise in incidences of various chronic diseases such as cancer, diabetes, and hypertension is also anticipated to drive the bioactive ingredients & product market, as clinicians usually prescribe bioactive food items to patients suffering from the chronic diseases mentioned above. Rise in cost of treatment, side effects of treatments, and strict regulations for new product approvals by the governing bodies are some of the restrains of the global bioactive ingredients & product market.
Some popular bioactive ingredients comprise amino acids, structured and Omega 3 lipids, prebiotics, proteins & peptides, vitamins, fibers, antioxidants & carotenoids, and plant extracts. These ingredients are utilized to manufacture personal care, dietary supplements, animal nutrition, functional foods, etc. However, many possibilities are considered and checked while considering ingredients for specific usage or applications. These factors mostly include type of nutrient, quality, pollution it can create, and safety factors due to attack by pathogens. Several safety parameters are taken in to account and are still in high demand for maintaining quality and preservation of these compounds along with their products until it is reached to final stage.
The global bioactive ingredients & product market can be classified bases on type and application. In terms of type, the global bioactive ingredients & product market can be segregated into amino acids, minerals & vitamins, prebiotics & probiotics, phytochemicals & plant extracts, Omega 3 & structured lipids, carotenoids & antioxidants, and others. Based on application, the global bioactive ingredients & product market can be segmented into functional food & beverages, dietary supplements, clinical nutrition, personal care, & other products.
Geographically, the global bioactive ingredients & product market is classified into North America, Europe, Latin America, Asia Pacific, Middle East & Africa. North America is a prominent market for bioactive ingredients and products. It leads the global market due to the high level of awareness among people and physicians regarding the usage of bioactive foods and beverages in the region. North America is followed by Europe and Asia-pacific.
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Cargill Inc., Archer Daniels Midland Co., and Royal DSM are some of the major companies engaged in the development and marketing of bioactive ingredients and products.
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