Bioactive Ingredients Market to Surpass US$55.4 Billion by 2032 Driven by Increase in Application in Dietary Supplements and Functional Foods
The North American bioactive ingredients market is expected to witness a lucrative growth rate of 6.8% CAGR during the assessment period. Based on applications, functional food and beverages are expected to account for around 25.6% of the market share during the forecast period
DUBAI, United Arab Emirates, 07 Jul. 2022 (GLOBE NEWSWIRE) — According to Future Market Insights (IMF), global sales of bioactive ingredients are expected to reach a value of US$38.2 billion by 2022, growing at a CAGR of 3.8% over the period. forecast (2022-2032).
The increasing consumption of natural food ingredients and healthy food products is expected to drive the growth of the bioactive ingredients market. The health benefits associated with natural products are the main drivers of demand for bioactive ingredients.
Dietary supplements are preferred by customers because they are made with natural components that improve health and well-being. Due to the increased demand for naturally derived ingredients, the adoption of bioactive compounds is expected to increase across a diverse range of food products.
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Additionally, the growing attention to food safety issues has raised awareness of transparency and traceability. Therefore, key players such as Cargill, Incorporated, CP Kelco, Ingredients AG and Ingredion Incorporated are providing labeled products to capitalize on the growing clean label trends.
Subsequently, the increasing use of macronutrients including fiber, carbohydrates, protein, and fat in various ready-to-mix and eat products is driving the demand in the market. Based on these factors, the bioactive ingredients market is expected to surpass US$55.4 billion by the end of 2032.
Key insights from market research
Based on product type, the antioxidants segment is expected to witness the highest growth during the forecast period (2022-2032).
The North America bioactive ingredients market is expected to witness a lucrative growth rate of 6.8% CAGR during the assessment period.
East Asia is expected to account for 17.8% of the global bioactive ingredients market through 2032.
Based on the applications, functional food and beverages are expected to account for around 25.6% of the market share during the forecast period.
“Major producers of bioactive ingredients are actively exploring applications through various research institutes, public research universities and cultivation institutes around the world. Moreover, the increased demand for packaged and healthy food products is propelling the demand in the market. » says a senior analyst at Future Market Outlook.
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The global bioactive ingredients market is expected to consolidate. The major players in the market are focusing on expanding their product range to strengthen their presence in the industry. Expanding into emerging economies such as India and China is a key strategy adopted by major players to increase their revenue.
Some of the major players operating in the bioactive ingredients market are Dupont, Royal DSM, Cargill Inc., Archer Daniels Midland, BASF, Koninklijke DSM NV, AJINOMOTO CO., INC, Arla Foods, FMC Corporation, Ingredion Incorporated, Roquette Frères SA, Kerry Inc, Total Nutrition, Inc, Danone SA, Nestlé SA Valio Limited i-Health, Inc. and others
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Future Market Insights, in its new offering, provides an unbiased analysis of bioactive ingredients showcasing historical demand data (2017-2021) and forecast statistics for the period 2022-2032. The study discloses compelling information on the bioactive ingredients market based on product type (probiotics and prebiotics, amino acids, omega 3 lipids, peptides and proteins, minerals and vitamins, carotenoids and antioxidants, phytochemicals and plant extracts and fibers and specialty carbohydrates), by application (functional foods and beverages, dietary supplements, personal and beauty care, pharmaceuticals and animal nutrition) by sales channel (B2B, B2C) and region in seven major regions worldwide.
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Bioactive Ingredients Market by Category
By product type:
Probiotics and prebiotics
Omega 3 Lipids
Peptides & Proteins
Minerals & Vitamins
Carotenoids and antioxidants
Phytochemicals and plant extracts
Special fibers and carbohydrates
By distribution channel:
Customization [email protected] https://www.futuremarketinsights.com/customization-available/rep-gb-15062
About Future Market Insights Food and Beverage Division
The Food & Beverage team at Future Market Insights provides all the information and advisory analysis needed to meet the unique business intelligence needs of clients around the world. With a catalog of over 500 reports on the latest agribusiness statistics and analysis, the team is happy to help you with all your business intelligence research and consulting needs.
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply-side trends
1.4. Technology roadmap
1.5. Analysis and recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market definition
3. Market dynamics
3.1.1. Supply-side drivers
3.1.2. Demand side drivers
3.1.3. Economic secondary factors
3.4. Market trends by region
3.5. Product launches
3.6. Product claims and analysis of nutritional information by buyers
3.7. Macroeconomic factors
3.8. Predictors – Relevance and Impact
4.1. Packaging and labeling regulations
4.2. Overview of Certifications and Certification Agencies
4.3. Import/Export Policies
4.4. Formula requirements
4.5. Institutional standards
4.5.4. EU Commissions. Full table of contents click here
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