The term nutraceutical combines two words nutrient (a nourishing food component) and pharmaceutical (a medical drug). A nutraceutical is also known as bioceutical. A nutraceutical is any substance that is a food or part of food which provides health or medical benefits, including the prevention and treatment of disease. Its group of products that are more than food but less than pharmaceuticals. Nutraceutical Ingredient is the substance which provides nutritive value in our diet.
MARKET DYNAMICS
Growing demand for fortified food owing to the increasing health consciousness driving the need for nutraceutical ingredients market. Furthermore, increasing incidences of chronic diseases are also projected to influence the nutraceutical ingredients market significantly. Moreover, mandates on food fortification by government organizations worldwide are also anticipated to have a robust impact on the nutraceutical ingredients market. An evolving product based and technological innovations in the nutraceutical ingredients industry is also expected to generate untapped opportunity for the market participants.
MARKET SCOPE
The "Global Nutraceutical Ingredients Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of nutraceutical ingredients market with detailed market segmentation by health benefits, type, application, form and geography. The global nutraceutical ingredients market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading nutraceutical ingredients market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global nutraceutical ingredients market is segmented on the basis of health benefits, type, application and form. Based on health benefits, the market is segmented into cognitive health, gut health, heart health, bone health, immunity, nutrition, weight management and others. On the basis of the type the market is segmented into probiotic, proteins and amino acids, phytochemical & plant extracts, fibers & specialty carbohydrates, omega-3 fatty acids, vitamins, prebiotic, carotenoids, minerals and others. On the basis of the application the market is segmented into food, beverages, personal care, animal nutrition, and dietary supplement. On the basis of the form the market is segmented into dry and liquid.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global nutraceutical ingredients market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The nutraceutical ingredients market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting nutraceutical ingredients market from both demand and supply side and further evaluates market dynamics effecting 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 & Central America after evaluating political, economic, social and technological factors effecting the nutraceutical ingredients market in these regions.
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MARKET PLAYERSThe reports cover key developments in the nutraceutical 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 expansion of business and customer base of market players. The market payers from nutraceutical ingredients market are anticipated to lucrative growth opportunities in the future with the rising demand for nutraceutical ingredients in the global market. Below mentioned is the list of few companies engaged in the nutraceutical ingredients market.
The report also includes the profiles of key nutraceutical ingredients companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-Arla Foods amba
-Associated British Foods plc
-Cargill, Incorporated
-Chr. Hansen A/S
-DowDuPont Inc.
-Glanbia plc
-Ingredion Incorporated
-Koninklijke DSM N.V.,
-Tate & Lyle PLC
-The Archer Daniels Midland Company
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