Nutraceutical Ingredients Market is anticipated to grow at a CAGR of 7.4% during forecast period and estimated to reach USD 282 billion by 2028.

Introduction of the Nutraceutical Ingredients Market Report
Nutraceutical ingredients refers to a product derived from sources such as animal, plant, microbial, and synthetic that provide extra health benefits in addition to the basic nutritional value found in food. These nutraceutical products include dietary supplements, diets, herbal products, genetically engineered foods, and vitamins that help in improving health and claim to increase life expectancy.

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Market Dynamic
Key Drivers and Emerging Trends
The growing awareness towards health coupled with the consumption of nutrient-rich food; the rising geriatric population; an increasing number of incidences of chronic diseases are some of the major factors expected to drive the growth of the nutraceutical ingredients market size. In addition, nutraceuticals help in delaying the aging process, preventing chronic diseases, supporting the structure and functioning of the body, treating of mental health issues and disorders, which further supports the market growth. Moreover, increasing demand for functional and fortified foods including dairy products, fruits and vegetables with antioxidants, nuts, vitamins, minerals, herbals, and cereals is expected to provide huge opportunities for growth and development of the nutraceutical ingredients market.

Restraint in the Nutraceutical Ingredients Market
However, the high cost of nutraceuticals than other supplements is expected to restraint the market growth. Moreover, some nutraceuticals can have side effects including allergic reactions caused by interactions with other nutraceuticals and therapeutic drugs, which may further hamper the growth of the market.

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Ingredient Type – Segment Analysis
Based on the ingredient type, the probiotic is expected to account for a notable share in the market over the forecast period owing to the rise in the consumption of functional food and an increase in the trend of purchasing premium food products incorporated with probiotics. In addition, probiotics help in the prevention and treatment of diarrhea, urinary tract infections, and skin diseases, mental health condition, oral infection, digestive disorders, which further supports the market growth..

Application – Segment Analysis
Based on the application, the cosmetic segment is expected to grow at a prominent rate over the forecast period primarily due to the growing demand for natural ingredients in cosmetic and beauty products, the rise in the global aging population coupled with the demand for products to improve and maintain the appearance and feel youthful. The increasing popularity of beauty supplements, beauty foods, and beverages in the form of chocolates, cheesecake, yogurt, yogurt drinks that contain antioxidants, vitamins, botanicals, and fruit extracts to enhance natural beauty is further escalating the market growth.

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Regional – Segment Analysis:
North America is expected to account for a notable market share during the forecast period owing to the rising health-conscious population together with high disposable income, growing awareness towards mental health, and high demand for functional foods among consumers. The presence of leading players including Cargill, Incorporated, DuPont De Numours, Inc., and BASF SE is further promoting the growth of the nutraceutical ingredients market over the forecast period.

Top Market Players
Several leading Gasoline Direct Injection companies operating in the market, include, Chr. Hansen Holding A/S, Cargill, Incorporated, DuPont De Numours, Inc., BASF SE, Archer Daniels Midland Company, Koninklijke DSM N.V., Associated British Food Plc, Ajinomoto Co, Inc., Ingredion Incorporated, and FMC Corporation, among others.

Key Developments:

• • In 2020, Chr. Hansen Holding A/S acquired HSO Health Care GmbH. The acquisition of the Austria-based B2B Company specializing in probiotics for women’s health is expected to strengthen and expand Chr. Hansen’s global microbial platform.

Segments covered in the Report:
The global Nutraceutical Ingredients Market has been segmented on the basis of ingredient type, application, and key regions. Based on ingredients type, the market is segmented into prebiotic, probiotic, vitamins, minerals, protein, and omega 3 structured lipids, phytochemicals & plant extracts, fibres and specialty carbohydrates. Based on the application, the market is segmented into functional foods, functional beverages, dietary supplements, animal nutrition, cosmetics, baby products, and others.

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Key questions answered in this research report:

• • At what pace is global Gasoline Direct Injections market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Nutraceutical Ingredients Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Nutraceutical Ingredients Market?
  • Which ingredient generated maximum revenues in 2020 and identify the most promising ingredient during the forecast period?
  • What are the various applications of global Nutraceutical Ingredients Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Nutraceutical Ingredients Market by Ingredient Type

• • Prebiotic
  • Probiotic
  • Vitamins
  • Minerals
  • Protein
  • OMEGA 3 Structured Lipids
  • Phytochemicals & Plant Extracts
  • Fibers and specialty Carbohydrates

Global Nutraceutical Ingredients Market by Application

• • Functional Foods
  • Functional Beverages
  • Dietary Supplements
  • Animal Nutrition
  • Cosmetics
  • Baby Products
  • Others

Global Nutraceutical Ingredients Market by Region

• • North America Nutraceutical Ingredients Market (Option 1: As a part of the free 25% customization)
    • North America Nutraceutical Ingredients Market by Ingredient Type
    • North America Nutraceutical Ingredients Market by Application
    • US Nutraceutical Ingredients Market All-Up
    • Canada Nutraceutical Ingredients Market All-Up
  • Europe Nutraceutical Ingredients Market (Option 2: As a part of the free 25% customization)
    • Europe Nutraceutical Ingredients Market by Ingredient Type
    • Europe Nutraceutical Ingredients Market by Application
    • UK Nutraceutical Ingredients Market All-Up
    • Germany Nutraceutical Ingredients Market All-Up
    • France Nutraceutical Ingredients Market All-Up
    • Spain Nutraceutical Ingredients Market All-Up
    • Rest of Europe Nutraceutical Ingredients Market All-Up
  • Asia-Pacific Nutraceutical Ingredients Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Nutraceutical Ingredients Market by Ingredient Type
    • Asia-Pacific Nutraceutical Ingredients Market by Application
    • China Nutraceutical Ingredients Market All-Up
    • India Nutraceutical Ingredients Market All-Up
    • Japan Nutraceutical Ingredients Market All-Up
    • Rest of APAC Nutraceutical Ingredients Market All-Up
  • RoW Nutraceutical Ingredients Market (Option 4: As a part of the free 25% customization)
    • RoW Nutraceutical Ingredients Market by Ingredient Type
    • RoW Nutraceutical Ingredients Market by Application
    • Brazil Nutraceutical Ingredients Market All-Up
    • South Africa Nutraceutical Ingredients Market All-Up
    • Saudi Arabia Nutraceutical Ingredients Market All-Up
    • UAE Nutraceutical Ingredients Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Nutraceutical Ingredients Market All-Up

Major Players Operating in the Nutraceutical Ingredients Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Hansen Holding A/S
  • Cargill, Incorporated
  • DuPont De Numours, Inc.
  • BASF SE
  • Archer Daniels Midland Company
  • Koninklijke DSM N.V.
  • Associated British Food Plc
  • Ajinomoto Co, Inc.
  • Ingredion Incorporated
  • FMC Corporation