The Nutraceutical Ingredients Market is analyzed based on type, form, application, and region. By type, the nutraceutical ingredients market is divided into probiotics, vitamins, minerals, proteins, dietary fibers, and others. The increasing awareness of health & wellness among the consumers and tailored products according to the needs of the targeted audience are driving factors for the growth of the Nutraceutical Ingredients Market. The nutraceutical ingredients market size was valued at $163.9 billion in 2021, and is estimated to reach $327.3 billion by 2031, growing at a CAGR of 7.3% from 2022 to 2031.
Download Free Sample Of This Report:
https://www.alliedmarketresearch.com/request-sample/370
Key reasons for global Nutraceutical Ingredients Market growth:
The nutraceutical ingredients market growth in this region is attributed to an increase in the usage of dietary supplements since people are becoming more aware of the health advantages of taking them because they include nutrients, primarily minerals and vitamins. 80% of American adults use dietary supplements, according to U.S. Pharmacopeia Convection. The efforts made by governments throughout the world to promote its use is an significant factor driving the growth of the global market for nutraceutical ingredients.
Major Players:
The major players analyzed for global nutraceutical ingredients industry are Amway Corporation, AOR Inc., Archer Daniels Midland, Cargill Incorporated, Danone, EID Parry, General Mills, Herbalife International of America Inc., Innophos, Matsun Nutrition, Mead Johnson, Nestle SA, Natrol, Royal DSM, and Valensa International.
Buy Now & Get Exclusive Discount: https://www.alliedmarketresearch.com/checkout-final/6b65d81c2db0bb48c1f55246bef0caf6
One of the main factors influencing market expansion is consumers’ growing preference for natural products. The industry is expanding as a result of consumers’ increased concerns about preventative healthcare and the benefits of probiotic bacteria. Increased intake of functional foods, which in addition to providing essential nourishment, have the potential to promote health, has led to an increase in the demand for probiotics.
Related Reports:
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube
