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Nutraceutical Ingredients Market Size & Trends 2021 – expected to reach US$ 57.46 Billion With CAGR of 7.59% by 2025 | Key Players: BASF SE, E.I. du Pont de Nemours and Company, Cargill Inc., Archer Daniels Midland Company

October 18th, 2021 Coherent Market Insights Releases

Nutraceutical Ingredients Market

Market Overview

Neutraceutical ingredients refer to different ingredients that add a significant nutritive value to the regular diet. These ingredients are widely adopted across many end-use industries including pharmaceuticals, animal feed, food & beverages, and personal care.

Market Dynamics

Growing awareness regarding healthy diet that includes proteins, fibers, vitamins, minerals, etc. is expected to boost the global nutraceutical ingredients market growth over the forecast period. Furthermore, increasing use of nutraceutical ingredients typically in pharmaceutical drugs due to their unique properties such as ant-aging effect, health improvement, and prevention of chronic diseases such as cancer is expected to propel growth of the global nutraceutical ingredients market during the forecast period. For instance, phytochemicals is one of the major nutraceutical ingredients that contain antioxidant properties and are used in prevention of cancer. According to World Cancer Report, by 2020, the prevalence of cancer is expected to increase by 50%, which is around 15 million cases.

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However, high cost associated with these ingredients is expected to hinder the global nutraceutical ingredients market growth over the forecast period.

Key Takeaways

On the basis of product ingredients, fibers & specialty carbohydrates segment held dominant position in the global nutraceutical ingredients market in 2016. Furthermore, increasing number of new product launches that are rich in fibers & omega-3 is expected to drive growth of the omega-3 fatty acid segment during the forecast period. For instance, in 2011, the Kashi Company introduced Kashi Waffles, a 7 grain waffles and Blueberry waffles, rich in omega-3 and fibers. Moreover, in 2012, Zeoneperfect, a brand of Abbott, launched a new line of nutritive bars named Perfectly Simple. These bars contain varios ingredients including minerals, proteins, vitamins, etc.

On the basis of application, functional beverages segment accounted for the largest share of US$ 10.51 billion in the global nutraceutical ingredients market in 2016. This is owing to rapidly increasing consumption of energy drinks and enhanced drinks, especially by millennial worldwide. According to National Centre for Complementary and Integrative Health, males consume most of the energy drinks between age of 18 and 34. Functional beverages are comprised of different probiotics such as nutraceutical ingredients and consumption of these helps in enhancing gut health, immune system, etc.

On the basis of form, dry form segment held dominant position in the global nutraceutical ingredients market in 2016 and is expected to continue its dominance during the forecast period. Dry form has witnessed significant popularity due to its easy storage, handling, and transportation.

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Regional Insights

Among regions, Asia Pacific accounted for the largest share of 36.19% in the global nutraceutical ingredients market and is expected to register a CAGR of 7.59% over the forecast period. This is owing to rapidly increasing healthcare expenditure in the region.

According to EU Business Avenues in South East Asia, the healthcare expenditure in ASEAN countries was valued at around US$ 110.78 billion in 2014. Emerging economies including India and China are expected to be the key markets for the nutraceutical ingredients due to the presence of large consumer base of functional food and beverages. Furthermore, rising geriatric population is expected to drive the regional market growth in the near future.  According to Economic and Social Commission for Asia Pacific (ESCAP), by 2050, the geriatric population is expected to reach 1.3 billion from 547 billion in 2016. Japan is the largest consumer of nutraceutical ingredients due to its wide usage in herbal medicine for maintaining health and treating diseases, further driving the overall growth of the market in Asia Pacific. According to EU-Japan Centre for Industrial Cooperation, Japan is anticipated to have 54.8% market share of the Asia-Pacific nutraceutical ingredients market in 2017.

Furthermore, North America accounted for the second-largest market share in the global nutraceutical ingredients market in 2016 and is expected to be a key region during the forecast period. This is owing to growing adoption of different dietary supplements among people due to increasing awareness regarding benefits of these supplements. According to U.S. Pharmacopeia Convection, dietary supplements are used by 80% of adults in the U.S.

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Competitive Landscape

Key companies involved in the global nutraceutical ingredients market include BASF SE, E.I. du Pont de Nemours and Company, Cargill Inc., Archer Daniels Midland Company, DSM Nutritional Products, Ingredion Incorporated, Tate & Lyle Plc, Ajinomoto Co. Inc., and FMC Corporation.

Table of Contents

  1. Research Objective and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet By Product Ingredients
      • Market Snippet By Application
      • Market Snippet By Form
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Nutraceutical Ingredients Market, By Product Ingredients, 2016- 2025 (USD Billion)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, 2016 – 2025
      • Segment Trends
    • Vitamins
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Prebiotics and Probiotics
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Proteins and Amino Acids
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Omega Fatty 3 acids
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Minerals
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Carotenoids
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Fibers & Specialty Carbohydrates
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Phytochemicals & Plant Extracts
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Other Ingredients
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
  5. Global Nutraceutical Ingredients Market, By Application, 2016 – 2025 (USD Billion)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, 2016 – 2025
      • Segment Trends
    • Functional Food
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Functional Beverages
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Dietary supplements
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Animal Feed
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
  6. Global Nutraceutical Ingredients Market, By Form, 2016 – 2025 (USD Billion)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, 2016 – 2025
      • Segment Trends
    • Dry
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
    • Liquid
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 – 2025, (USD Billion)
  7. Global Nutraceutical Ingredients Market, By Region, 2016 – 2025 (USD Billion)
    • Introduction
      • Market Share Analysis, By Region, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, For Regions, 2016 – 2025
    • North America
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 – 2025
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
    • Europe
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 – 2025
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
    • Asia Pacific
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 – 2025
        • China
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
    • Latin America
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 – 2025
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
    • Africa
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 – 2025
        • Northern Africa
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
    • Middle East
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2016 – 2025
        • GCC
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Product Ingredients, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Application, 2016 – 2025 (USD Billion)
          • Market Size and Forecast, By Form, 2016 – 2025 (USD Billion)
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3×3 Matrix)
    • Company Profiles
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website – www.coherentmarketinsights.com

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
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