Market Size

The global nutraceutical ingredients market size was valued at USD 165.2 billion in 2020 and is estimated to reach a value of USD xx billion in 2027. The Nutraceutical Ingredients market analysis shows that it will grow with a CAGR of 9.2% over the forecast period of 2021 to 2027.

Market Insight

The market is growing as a result of factors including an increase in demand for fortified foods as a result of rising consumer health consciousness. The market's growth is being fueled by rising chronic disease incidences worldwide and government-mandated food fortification.

Market Driver

As per a survey made by the International Food Information Council in 2019, 87% of consumers in the United States agreed, and 89 percent agreed in 2011, that certain foods have health benefits beyond their basic nutritional value. This demonstrates consumers' growing interest in fortified and functional foods. According to a 2013 study organized by the United Nations Department of Economic and Social Affairs, the rising rates of chronic disease and aging population has resulted in changes in eating habits. Consumers' concerns about nutrient deficiency are frequently broad in scope, rather than focused on a particular health condition or nutrient/component in their diet. Only 16 percent of consumers concerned about nutrient inadequacy in food products were concerned about the inadequacy of different nutrients in isolation from general nutrient inadequacy. Large number of consumers are worried with general health problems caused by nutrient deficiency, rather than with a specific health problem. At least six in ten consumers believed they get enough of nearly all nutrients or food components surveyed. Omega-3 fatty acids are an outlier, with only 50% of the population believing they get enough omega-3 fatty acids to meet their daily needs.

Market Opportunity

Numerous manufacturers of nutraceutical ingredients are rapidly adopting personalized healthcare products in order to formulate more tailored and customized end products. Key manufacturers are increasingly collecting data to enable accurate analysis of consumer purchasing pattern in order to provide consumers with tailored options based on their purchasing patterns. For example, Tesco announced in 2013 that it would use Clubcard information to track various chronic illnesses that consumers are concerned about in order to provide tailored solutions to promote healthier eating habits. Nutrigenomics and epigenetics have established that each individual has unique nutritional requirements and retorts differently to food. This creates a massive market opportunity for manufacturers of nutraceutical end products, as it can improve health, and decreases the risk of developing adverse health conditions including obesity, cardiovascular disease,  inflammatory bowel disease, and diabetes. This corroborated application of technology to a dietary design is also expected to create previously untapped growth potential for manufacturers of nutraceutical ingredients.

Research Methodology

Nutraceutical Ingredients market report consists of market analysis including both primary and secondary research. Primary research comprises of the interaction between manufacturers, industry experts channel partners, and end users, while the secondary research presents an analytical interpretation of relevant published databases, which contains details like company annual reports, and financial reports, white papers, and purchased databases. For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.

About Us

Market Insight Solutions is a leading market research firm which caters to a diverse portfolio of research campaigns. We are one of the fastest growing research organization led by an extensive team of individuals. Our team has individuals with more than 10 years of experience in diverse research domains. Our strategic insights aim at providing credible and practical solutions to meet the specific requirements of our clients. We offer market studies on basis of facts across cross domains.

Segments covered in the report

Nutraceutical Ingredients Market Size and Outlook by Type

• Probiotic
• Proteins and amino acids
• Phytochemical & plant extracts
• Fibers & specialty carbohydrates
• Omega 3 fatty acids
• Vitamins
• Prebiotic
• Carotenoids
• Minerals
• Others

Nutraceutical Ingredients Market Size and Outlook by Form

• Dry
• liquid

Nutraceutical Ingredients Market Size and Outlook by Application

• Food
• Beverages
• Personal care
• Animal nutrition
• Dietary supplements

Nutraceutical Ingredients Market Size and Outlook by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Russia
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Indonesia
  • South Korea
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Companies Profiled in this Report

• Ajinomoto Co., Inc.
• Archer Daniels Midland
• Arla Foods
• BASF
• British Foods
• Cargill
• DSM
• Ingredion Incorporated
• Royal DSM
• Tate & Lyle PLC

Actionable Outcomes

Our Nutraceutical Ingredients Market Report offers a thorough assessment of estimations and projections on the market dynamics. Further, it helps in the implementation of these results as they show tangible benefits to business stakeholders and industry entities decisions as leaders.

Strategic Planning

Every business needs to understand how their product will function in the forthcoming years. With the current uncertainness due to the COVID-19 scenario, this analysis becomes significant to understand past disruptions and boost the preparedness for the next steps of decision. We at Market Insight Solutions are trying to break down the complex market for the business leaders through strategic insights and resilience in unpredictable situations.

Highlights of the report:

• COVID-19 impact on Nutraceutical Ingredients market size
• Nutraceutical Ingredients market size, drifts, drivers and opportunities
• Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
• Nutraceutical Ingredients market size in United States
• Understanding the dynamics of the parent market
• Prime fluctuations of the market dynamics
• Evaluation of the market opportunities
• Historical, current, and projected Nutraceutical Ingredients market size from the standpoint of both value and volume
• Market segmentation and comprehensive analysis in the second or third level
• Reporting and evaluation of recent industry developments
• Analysis of market share and developments
• Detailed company profiling of leading companies
• Opportunities to newer markets in global and regional markets
• Analyzing the trajectory line of the business
• Analyze Nutraceutical Ingredients market share
• Measures to consider for Nutraceutical Ingredients market