MARKET INTRODUCTION
Food supplements are ingredients added to dietary supplements to enhance their nutritional value. They may include minerals, micro-nutrients, vitamins, amino acids, fatty acids such as omega-3, and omega-6, and probiotics. Other ingredients in food supplements include binders, fillers, flavoring agents, etc. Food supplements are available as capsules, tablets, powders, gummies, and powders as well as energy bars and drinks. Food supplements play an important role in averting nutritional deficiencies and ensuring that daily nutritional requirements are met.
MARKET DYNAMICS
Rapid urbanization, fast-paced lifestyles, unhealthy food choices, and increasing prevalence of diabetes, cardiovascular diseases, anemia, and nutritional deficiencies have led to significant demand for food supplements and subsequently generated significant opportunities for the food supplement ingredients market. The growing demand for food supplements for athletes, geriatric population, and children is expected to boost the sales of food supplement ingredients. Moreover, the fortification of food products such as oats, cereals, bread, milk, dairy products, edible oil, flour, and energy drinks is expected to augment the growth of the global food supplement ingredients market. In the European region, food supplements are regulated as foods. Legislations on food supplements regulate the uses of ingredients used in manufacturing food supplements. Harmonized rules have been established to protect consumers from potential health risks by identifying and listing substances that are known or suspected to have ill-effects on human health and thereby controlling their uses.
MARKET SCOPE
The "Global Food Supplement Ingredients Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the food supplement ingredients market with detailed market segmentation by product, form, end-users, and geography. The global food supplement ingredients market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food supplement ingredients market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global food supplement ingredients market is segmented on the basis of product, form, and end-users. On the basis of product, the food supplement ingredients market is segmented into, vitamins, amino acid, probiotics, omega-3, others. On the basis of form, the market is bifurcated into, powder, liquid, tablets, capsules, gel. Based on end-users, the global food supplement ingredients market is segmented into, infant, children, adults, pregnant women, and old-aged.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global food supplement ingredients market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The food supplement ingredients market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the food supplement ingredients market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the food supplement ingredients market in these regions.
MARKET PLAYERS
The reports cover key developments in the food supplement ingredients market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from food supplement ingredients market are anticipated to lucrative growth opportunities in the future with the rising demand for food supplement ingredients in the global market. Below mentioned is the list of few companies engaged in the food supplement ingredients market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food supplement ingredients market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- GROUPE DANONE S.A.
- NESTLE
- KONINKLIJKE DSM N.V.
- NUTRI-FORCE NUTRITION
- SUNFOOD NUTRACEUTICALS
- JW NUTRITIONAL
- AMWAY
- CAPSUGEL
- PFIZER CONSUMER HEALTHCARE
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