Active Nutraceuticals Ingredients Market Size, Industry Share and...

Active Nutraceuticals Ingredients Market Size, Industry Share and Forecast, 2030

Posted 2024-03-20 11:03:15

Active Nutraceuticals Ingredients Market

The worldwide market for active ingredients in nutraceuticals was estimated to be worth USD 113.48 billion in 2022 and is expected to grow to USD 184.77 billion by the end of 2030, according to a Zion Market Research analysis. Over the course of the projection period, the market is anticipated to rise at a CAGR of 7.21%. The study examines the factors that will propel growth, impede it, and affect demand for active ingredients in nutraceuticals globally over the course of the forecast period. Additionally, it will support you as you navigate and investigate the new potential in the Active Nutraceuticals Ingredients market.

Global Active Nutraceuticals Ingredients Market: Overview

Ingredients used in nutraceuticals are sourced from a variety of organisms, including synthetics, microbes, plants, and animals. This allows for the enhancement of health benefits and the addition of functional and nutritional value to supplements, food, beverages, and personal care items. Because these chemicals are active, they help promote excellent health when used in nutraceuticals. These components prolong life, fend against chronic illnesses, slow down the aging process, and promote healthy bodily functions.

Active Nutraceuticals Ingredients Market

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Global Active Nutraceuticals Ingredients Market: Growth Factors

Due to consumers' increased health consciousness, one of the main drivers propelling the growth of the global market for active nutraceuticals ingredients is the rising demand for fortified food. Furthermore, the growing global prevalence of chronic illnesses is a major factor driving the market's expansion. The market for active ingredients in nutraceuticals has grown dramatically as people's disposable income has increased. These components are becoming more and more popular with customers and are now included in regular diets.

The global market demand for active ingredients in nutraceuticals was further driven by consumers' increasing knowledge of the value of a balanced diet. During the forecast period, the global market for active nutraceuticals ingredients is expected to have favorable growth due to the adoption of personalized healthcare technologies by leading companies. These companies aim to provide products that are more tailored and appropriate for end consumers.

Global Active Nutraceuticals Ingredients Market: Segmentation

There are various ways to segment the global market for active nutraceuticals ingredients, including type, form, application, health benefit, and geography. Phytochemicals and plant extracts, fibers and specialized carbohydrates, carotenoids, vitamins, minerals, omega-3 fatty acids, proteins and amino acids, probiotics, and prebiotics are the different types of market segmentation. The market for active ingredients in nutraceuticals worldwide is led by the probiotics category. It is now a necessary component of many dietary supplements. Additionally, because probiotic components are recognized to improve human health in general, producers in the functional beverage, functional food, animal nutritional, and dietary supplement industries have developed a wide range of probiotic-based products.

The market can be divided into liquid and dry segments based on shape. The dry segment is dominating the other because consumers are increasingly choosing dry forms of active ingredients for nutraceuticals. The market can be divided into categories based on application, such as food, dietary supplements, animal nutrition, personal care, and functional drinks. Because of the health benefits it provides, including improved intestinal functions, increased calcium absorption, gut microflora balance, immune system enhancement, improved bone density, blood sugar control, lowered risk of cardiovascular diseases, and relief from abdominal pain, constipation, and bloating, the dietary supplements segment dominates the global market for active nutraceuticals ingredients.The market can be divided by health benefit into categories such as weight control.

Global Active Nutraceuticals Ingredients Market: Regional analysis

Asia Pacific accounts for the largest share in the global active nutraceuticals ingredients market owing to the transforming lifestyles and growing awareness of the people regarding their nutrition and health. The constantly evolving hospitalization and healthcare expenditure is inducing customers to maintain their health and thus people are adopting different health supplements to fulfill the requirement of vitamins and minerals in their body. Moreover, the increasing disposable income of the people in the region also contributes vigorously toward the growth of the regional market.

North America is anticipated to witness huge growth during the forecast period due to the changing dietary patterns of the people. Moreover, the growing consciousness of people regarding their health and lifestyle has further propelled the growth of the regional market.

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