HOME › Research Insight › Cargill (U.S.) and Koninklijke DSM N.V. (Netherlands) are leading Players in Nutraceutical Ingredients Market
Cargill (U.S.) and Koninklijke DSM N.V. (Netherlands) are leading Players in Nutraceutical Ingredients Market
Key players in the nutraceutical ingredients market including Cargill (U.S.), E. I. du Pont de Nemours and Company (U.S.), BASF SE (Germany), Archer Daniels Midland Company (U.S), and Associated British Foods plc (U.K) have a strong presence in the market. Other companies such as Koninklijke DSM N.V. (Netherlands), Ingredion Incorporated (U.S), Ajinomoto Co., Inc. (Japan), Arla Foods (Denmark), and Tate & Lyle PLC (U.K) also have a significant market share in the nutraceutical ingredients market.
The key market players focused on various growth strategies such as expansions & investments and new product launches because of the extended nutraceutical ingredients market. Major expansions & investments were done in the Asian and the European region by some of the key market players such as Cargill (U.S.), Arla Foods (Denmark), and Archer Daniels Midland Company (U.S).
Cargill (U.S.) successfully adopted expansions & investments as a key strategy to tap the potential markets. The company focused on the expansion of its facilities which resulted in further strengthening its overall production capacity and increasing global market share. Arla Foods (Denmark) focused more on expanding, which increased the company’s brand presence in the key potential international markets and widened its reach to newer segments. Archer Daniels Midland Company (U.S) is also one of the key players that expanded its production plants for food ingredients and animal nutrition products in China, which improved its position in the regional market; this helped it to meet the demand for nutraceutical ingredients in the regional market of Asia.
Koninklijke DSM N.V. (Netherlands), emerged as a company with a number of new product and technology launches across all segments in the nutraceutical ingredients market. The company launched Delvo cultures, which was fortified with set yoghurt for nutritional value as well as for enhancing flavors and textures. The company also launched a new technology named DSM 3C Technology, in category of Omega-3 supplements, which was used in both pharmaceutical and dietary supplement applications. Recently, Koninklijke DSM N.V. (Netherlands) introduced new products such as Tolerase G, Elavida, and life’sOMEGA; with these launches, DSM widened its dietary supplement and nutritional products portfolio.
Nutraceutical Ingredients Market by Type (Pre & Probiotic, Protein, Mineral, Vitamin, Carotenoid, Fiber, and Phytochemical), Application (Food, Dietary Supplement, and Animal Nutrition), Form, Health Benefit, and Region - Global Forecast to 2022
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