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Nutraceutical Ingredients Market worth 38.7 Billion USD by 2020
The report “Nutraceutical Ingredients Market by Type (Pre & Probiotic, Protein, Mineral, Vitamin, Carotenoid, Fiber, Phytochemical), Application (Food, Dietary Supplement, Animal Nutrition, Personal Care), Health Benefits & by Region - Global Trends & Forecast to 2020” defines and segments the nutraceutical ingredients market on the basis of various types, applications, health benefits, and regions, with analyses and projections of the market size of each of these segments in terms of value and volume. It also identifies the driving and restraining factors for the nutraceutical ingredients market with an analysis of the trends and opportunities in the market.
Browse 72 market data tables and 58 figures spread through 184 pages and in-depth TOC on “Nutraceutical Ingredients Market by Type (Pre & Probiotic, Protein, Mineral, Vitamin, Carotenoid, Fiber, Phytochemical), Application (Food, Dietary Supplement, Animal Nutrition, Personal Care), Health Benefits & by Region - Global Trends & Forecast to 2020"
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Nutraceuticals are natural bioactive, chemical compounds that have health-promoting, disease–preventing, or medicinal properties. Some nutraceutical products include foods that contain specific minerals, vitamins, fatty acids or dietary fiber, foods with added biologically active substances such as phytochemicals or other antioxidants, and probiotics that have live beneficial cultures. Nutraceuticals play a significant role in the preventive health care due to rise in aging population as aging population gives rise to life-style related diseases.
The market for nutraceutical ingredients is projected to reach about USD 38.7 Billion, at a CAGR of about 7.2% from 2015 to 2020. In 2014, the Asia-Pacific region was the largest market for nutraceutical ingredients. It is projected to be the fastest-growing market for nutraceutical ingredients during the review period. The market here is driven by the increasing consumer awareness and growing incidences of chronic diseases such as gut diseases, high blood pressure, diabetes, and rickets. According to World Health Organization, in 2011, noncommunicable diseases (NCDs), primarily cardiovascular diseases, cancers, chronic respiratory diseases and diabetes, were responsible for 63% of all deaths worldwide (36 million out of 57 Million global deaths).
Japan is the fastest-growing country market in the Asia-Pacific region. This is due to the rapidly aging population here.
This report studies marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as Cargill, Incorporated (U.S.), BASF SE (Germany), Archer Daniels Midland Company (U.S.), Associated British Foods (U.K.) and Koninklijke DSM N.V. (The Netherlands), and E.I. du Pont de Nemours & Company (U.S.). The key players in the market are focusing on acquisitions and expansion & investments of their facilities to enter markets.
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