Allied Market Research published a report, titled, “Nutraceutical Ingredients Market by Type (Probiotics, Vitamins, Minerals, Proteins, Dietary Fibers, Others), by Form (Dry, Liquid), by Application (Dietary supplements, Functional Food and Beverage, Animal Nutrition, Others): Global Opportunity Analysis and Industry Forecast, 2022-2031.” According to the report, the global nutraceutical ingredients industry generated $163.9 billion in 2021, and is estimated to reach $327.3 billion by 2031, witnessing a CAGR of 7.3% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗧𝗵𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗢𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.alliedmarketresearch.com/request-sample/370
Drivers and Opportunities
Growing customer preference for natural food products, increase in popularity of probiotic dietary supplements, rising concerns of consumers about preventative healthcare and the effectiveness of these substances on their health, increase in consumer preference for functional foods, and surge in incidence of chronic diseases among the population propel the growth of the global nutraceutical ingredients market. However, high cost of production of nutraceutical ingredients hinder the market growth. On the other hand, the rise in investment in R&D to investigate novel applications for nutraceutical components and efforts made by governments throughout the world to promote the use of nutraceuticals present new opportunities for the market in future.
𝗧𝗼𝗽 𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗜𝗻𝗰𝗹𝘂𝗱𝗲𝗱:
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 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 (𝟯𝟬𝟬 𝗣𝗮𝗴𝗲𝘀 𝗣𝗗𝗙 𝘄𝗶𝘁𝗵 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀, 𝗖𝗵𝗮𝗿𝘁𝘀, 𝗧𝗮𝗯𝗹𝗲𝘀, 𝗮𝗻𝗱 𝗙𝗶𝗴𝘂𝗿𝗲𝘀): https://www.alliedmarketresearch.com/checkout-final/fdf4508ed1f5b68832bd978440f1b23b
Based on application, the functional food & beverage segment was the largest segment, accounting for nearly two-fifths of the global nutraceutical ingredients market in 2021, and would rule the roost through 2031. Functional food are rich in omega fatty acid which helps maintain the weight and control blood circulation in the body. A rapid rise in the number of fitness and sports enthusiasts and increase in the consumers’ inclination toward healthy lifestyle are expected to be the key factors for growth of the global functional beverages segment.
𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗢𝘂𝘁𝗹𝗼𝗼𝗸:
Asia-Pacific to achieve the fastest growth by 2031
Based on region, Asia-Pacific is anticipated to manifest the fastest CAGR of 8.1% during the forecast period, 2021-2031 due to the increased participation of major pharmaceutical and food and beverage manufacturers in the production of nutraceutical ingredients in the region. However, North America held the largest market share in 2021, accounting for around one-third of the global nutraceutical ingredients market, and is likely to lead the trail throughout the forecast period. This is due to the increasing demand for nutraceuticals with medicinal advantages in the region. The other regions discussed in the report are Europe and LAMEA.
𝗥𝗲𝗮𝘀𝗼𝗻 𝘁𝗼 𝗕𝘂𝘆:
✅ Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Nutraceutical Ingredients Market.
✅ Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
✅ The key findings and recommendations highlight crucial progressive industry trends in the Nutraceutical Ingredients Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
✅ Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
✅ Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
✅ Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
𝗘𝗻𝗾𝘂𝗶𝗿𝗲 𝗕𝗲𝗳𝗼𝗿𝗲 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗶𝗻𝗴 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.alliedmarketresearch.com/purchase-enquiry/370
The most popular category of components for nutraceuticals will continue to be nutrients, which include proteins, fibers, and different specific functional additions. As food and beverage manufacturers throughout the world roll out new high-value-added nutritious preparations, proteins will experience the fastest growth. The demand for functional additives and fiber nutrients will rise as a result of growing clinical proof of their health benefits and rising usage in specialized foods and beverages.
𝗖𝗵𝗲𝗰𝗸 𝗼𝘂𝘁 𝗺𝗼𝗿𝗲 𝗿𝗲𝗹𝗮𝘁𝗲𝗱 𝘀𝘁𝘂𝗱𝗶𝗲𝘀 𝗽𝘂𝗯𝗹𝗶𝘀𝗵𝗲𝗱 𝗯𝘆 𝗔𝗠𝗥 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵:
Herbal Nutraceuticals Market – https://www.alliedmarketresearch.com/herbal-nutraceuticals-market-A06743
Organic Energy Bar Market – https://www.alliedmarketresearch.com/organic-energy-bar-market-A14234
Soybean Meal Market – https://www.alliedmarketresearch.com/soybean-meal-market
Biotin Supplement Market – https://www.alliedmarketresearch.com/biotin-supplement-market-A10616
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.
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