Health Ingredients Market

Health Ingredients Market by Type (Vitamins, Minerals, Probiotics starter culture, Prebiotics, Nutritional Lipids, Functional Carbohydrates, Plant and Fruit Extracts, Enzymes, Proteins), Application, Source, Function and Region - Global Forecast to 2027

Report Code: FB 5460 Feb, 2023, by marketsandmarkets.com

[392 Pages Report] The market for health ingredients is estimated at USD 100.5  billion in 2022; it is projected to grow at a CAGR of 7.8% to reach USD 146.3  billion by 2027. Food industry personalized nutrition trends and nutrigenomics have enabled the health ingredients market to manufacture need-based products. These products offer functional purposes such as immune system support, digestion aid, mental health promotion, beauty, and cardiovascular health, among others.

Health Ingredients Market

To know about the assumptions considered for the study, Request for Free Sample Report

Health Ingredients Market Dynamics

Driver: Increasing instances of chronic diseases

Globally, the prevalence of chronic illnesses and conditions is increasing. These common and expensive long-term health issues are steadily on the rise due to the aging population and changes in societal behavior. Furthermore, the middle class is expanding, and people are adopting a more sedentary lifestyle as urbanization picks up speed. Consequently, more people are becoming obese and developing diseases such as diabetes. Since developing countries are expected to see the greatest population expansion, emerging markets will be the hardest hit.

According to the CDC's National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP) 2022, 6 in 10 adults in the US have a chronic disease. According to an article titled Commentary on Chronic Disease Prevention 2022 published by the National Association of Chronic Disease Directors, nearly 60% of American adults suffer from at least one chronic disease. The major causes of death in the US include chronic diseases like diabetes, cancer, and cardiovascular disease. Heart disease, cancer, stroke, chronic obstructive pulmonary disease, and diabetes together account for more than two-thirds of all deaths.

Restraint: Pricing complexities related to newly introduced health ingredients

The development and commercialization of health ingredients are complicated, costly, and uncertain. Technological conditions, market demand, and legislative regulatory framework are all factors that influence product development success. Significant investment is required for the research and development of a strain that will be utilised to produce new health ingredients such as probiotics. Probiotic strains and products are developed and manufactured in accordance with international food regulations. In addition, highly sterilised and technically advanced equipment and processes are required for the manufacturing and extraction of numerous other health ingredients. The final product's price is high due to the high cost of production. Marketing and distribution raise the price of the product. Although customers are aware of the health benefits of these costly health ingredients, their high pricing restricts them from purchasing the product, posing a challenge for manufacturers.

Opportunity: Shift towards plant-based health ingredients

The market for plant protein ingredients is expanding rapidly, as consumers shift away from animal proteins and toward plant-based proteins. This is quite likely to drive customers toward plant-based herbal supplements and botanicals, generating even more opportunities for the herbal supplements market to grow: Consumer preference for plant extracts is being influenced by a desire for clean-label products, concerns about sustainability, and an urgent need to avoid allergens. The population of these herbal supplements is expanding from vegans to flexitarians, showing shifting customer preferences.

Challenge: Adherence to stringent international quality standards and regulations

The health ingredients industry faces a legal obligation to abide by the norms and standards of various regulatory standards. International bodies such as the National Food Safety and Quality Service (SENASA), Argentina; Canadian Food Inspection Agency (CFIA), Canada; Food and Drug Administration (FDA); World Health Organization (WHO); and Committee on the Environment; Public Health and Food Safety (EU) are associated with food safety and quality regulations. These organizations control the use of different chemicals, raw materials, and ingredients used in food processing directly or indirectly. There are different food labeling and packaging guidelines followed by different regional food safety authorities and regulatory bodies. Manufacturers need to adhere to these varied and stringent regional legislations for the manufacturing and packaging of food materials and ingredients. These numerous legislations and regulations make it challenging for new entrants to enter the health ingredients market as the R&D investment is high, and profitability margins are low.

The Probiotics starter culture is projected to achieve the highest CAGR in terms of value

Probiotics, when consumed in sufficient quantities, have desirable effects on the body, such as improved gut health and reduced intestinal inflammation. Probiotics play an important role in preventive healthcare since they strengthen the immune system and so help to prevent disease. According to a survey of 3,000 consumers conducted in May 2020 by DuPont Nutrition & Biosciences (Wilmington, DE), in collaboration with the Natural Marketing Institute, the use of probiotics among consumers in the US, Italy, and China surged during the pandemic. The results show that the number of Americans who use probiotics increased by 66%, accounting for 25% of all supplement users (up from 15% six months earlier). Among these, Americans who used probiotics daily or more frequently accounted for 61% (up from 37%). Probiotic supplement use among Italian consumers increased by 188%, estimating 26% of all supplement users (up from 9%), while weekly compliance increased by 83%. Probiotic use among Chinese consumers increased by 108%, amounting to 48% of all supplement users (up from 23%). In the long term, consumers surveyed in the US and Italy stated they expect to take probiotics more frequently in the following six months compared to the six months before the pandemic.

Plant-based foods, by source is estimated to achieve the highest market share during the forecast period

Plant-based diets are becoming more popular as a result of a variety of factors, including vegan culture, increased health awareness, and concerns about animal welfare. These factors have contributed to the expansion of the market for plant-based food ingredients. According to Good Food Institute 2021 report, For the past three years, plant-based foods have exceeded total foods in both dollar and unit sales growth. Over the last three years, overall plant-based food sales increased by 54 percent, while total food sales increased by only 2 percent. Plant-based food unit sales increased by 6% over the last three years, while total food unit sales remained unchanged, indicating that plant-based foods are a primary driver of retail growth.

The Food segment, by application, is estimated to achieve the highest market share during the forecast period

Health ingredients are food ingredients that are combined with food products during manufacture to provide relatively healthier food products that increase consumer functionality. The health ingredients in food can also be customized based on the nutritional needs of different consumers who work out every day and have differing needs for proteins, carbohydrates, and other vitamins. With the increasing preference for palatable and convenient food that is also healthy, manufacturers of bakery products are using various health ingredients in their products. For instance, in the Asia Pacific region, George Western Foods (Australia), a subsidiary of Associated British Foods (UK) widely, uses omega-3 fatty acids in bakery products under its Tip Top brand.

Health Ingredients Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

APAC is projected to account for the highest CAGR during the forecast period

Asia-Pacific region is one of the world's largest markets for health ingredients, owing to the region's rapid urbanisation, which has resulted in a majority of the population suffering from vitamin and mineral insufficiency, providing an opportunity for major manufacturers of dietary supplements and functional foods and beverages to expand their footprints and strengthen their position as regional market leaders. Increasing incidences of chronic illnesses such as diabetes, cardiovascular diseases, osteoporosis, and arthritis were reported in the Asia Pacific region. According to Indian statistics data for 2020, obesity rates have increased by 20%, and cardiovascular diseases (CVDs) are responsible for 40% of deaths in the country. India is projected to become the diabetes capital of the world by 2030, with 67 million diabetic patients and 30 million in pre-diabetic conditions. These factors are projected to drive the demand for health ingredients products in India. Major players such as Amway, Dabur, Novartis, and Aventis Pharma focus on providing various products to fulfill the consumer demand for dietary supplements.

Key Market Players

The key players in this market include Archer Daniels Midland Company (ADM) (US), Associated British Foods PLC (UK), International Flavors & Fragrances Inc. (US), Kerry Group PLC (Ireland), DSM (Netherlands), BASF SE (Germany), Cargill Incorporated (US), Ingredion (US), Arla Foods (Denmark), Tate & Lyle (UK), Lonza (Switzerland), Royal FrieslandCampina N.V. (Netherlands), Glanbia PLC (Ireland), CHR Hansen Holdings A/S, (Denmark), and Probi (Sweden).

Strategic partnerships were the dominant strategy adopted by the key players, followed by expansions and new product launches. These strategies have helped them to increase their presence in different regions and industrial segments. These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Metric

Details

Market size estimation

2022–2027

Base year considered

2021

Forecast period considered

2022–2027

Units considered

Value (USD)

Segments covered

Type, Application, Source, Function, and Region

Regions covered

North America, South America, Europe, Asia Pacific, and RoW

Companies studied

  • Archer Daniels Midland Company (ADM) (US)
  • Associated British Foods PLC (UK)
  • International Flavors & Fragrances Inc. (US)
  • Kerry Group PLC (Ireland)
  • DSM (Netherlands)

 

This research report categorizes the health ingredients market based on By Type, Application, Source, Function, and Region.

Based on type, the health ingredients market has been segmented as follows:
  • Vitamins
  • Minerals
  • Probiotic starter cultures
  • Prebiotics
  • Plant & fruit extracts
  • Enzymes
  • Nutritional lipids
  • Functional carbohydrates
  • Proteins
Based on application, the health ingredients market has been segmented as follows:
  • Food
  • Beverages
  • Pharmaceuticals
  • Feed
  • Personal Care
Based on source, the health ingredients market has been segmented as follows:
  • Plant-based
  • Animal-based
  • Microbial-based.
  • Others (Synthetic)
Based on function, the health ingredients market has been segmented as follows:
  • Weight management
  • Immunity enhancement
  • Gut health management
  • Joint health management
  • Heart/Cardiovascular health management
  • Eye health management
  • Brain health management
Based on the region, the health ingredients market has been segmented as follows:
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia & New Zealand
    • Rest of Asia Pacific
  • RoW
    • South America
    • Africa
    • Middle East

Recent Developments

  • In August 2022, ADM announced a partnership with Benson Hill, a food technology company, to scale innovative soy ingredients to meet the demand for plant-based proteins. This partnership will serve a variety of plant-based food & beverage markets. Through an exclusive North American licensing partnership, ADM will process and commercialize a portfolio of proprietary ingredients derived from Benson Hill Ultra-High Protein (UHP) soybeans. This partnership will expand the brand's product portfolio.
  • In July 2022, BASF SE announced the expansion of vitamin A formulation capacities at its Verbund site in Ludwigshafen. Increasing capacities for vitamin A powder in line with higher vitamin A acetate production capacity. This expansion would increase the company revenue and market share for vitamin A in animal nutrition.
  • In Feb 2022, International Flavors & Fragrances Inc. announced that it has agreed to acquire Health Wright Products, LLC, which manufactures custom formulations and delivers encapsulation and packaging for probiotic products. This strategic acquisition will bring the ability to formulate capabilities to IFF's Health & Biosciences probiotics, natural extracts, and botanicals businesses.
  • In November 2021, Kerry announced the launch of naturally sourced, soluble dietary fiber, Emulgold Fibre, for the white bread manufacturing market. It is made of a natural resin from the acacia tree and delivers a high concentration of soluble dietary fiber (minimum of 85%). This product would expand the company's product portfolio.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 42)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 MARKET SCOPE 
           1.3.1 MARKETS COVERED
                    FIGURE 1 HEALTH INGREDIENTS MARKET SEGMENTATION
           1.3.2 GEOGRAPHIC SEGMENTATION
                    FIGURE 2 HEALTH INGREDIENTS MARKET, BY REGION
    1.4 INCLUSIONS & EXCLUSIONS 
    1.5 YEARS CONSIDERED 
    1.6 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES CONSIDERED, 2018–2021
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
           1.8.1 RECESSION IMPACT
 
2 RESEARCH METHODOLOGY (Page No. - 48)
    2.1 RESEARCH DATA 
           FIGURE 3 HEALTH INGREDIENTS: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key industry insights
                    2.1.2.2 Breakdown of primary interviews
                               FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
           2.2.3 SUPPLY SIDE
                    FIGURE 7 DATA TRIANGULATION: SUPPLY SIDE
           2.2.4 DEMAND SIDE
                    FIGURE 8 DATA TRIANGULATION: DEMAND SIDE
    2.3 DATA TRIANGULATION 
           FIGURE 9 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS & LIMITATIONS 
           2.4.1 ASSUMPTIONS
    2.5 RESEARCH LIMITATIONS & ASSOCIATED RISKS 
           2.5.1 RECESSION IMPACT ANALYSIS ON MARKET
 
3 EXECUTIVE SUMMARY (Page No. - 59)
    FIGURE 10 HEALTH INGREDIENTS MARKET, BY SOURCE, 2022 VS. 2027 (USD MILLION) 
    FIGURE 11 HEALTH INGREDIENTS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) 
    FIGURE 12 HEALTH INGREDIENTS MARKET, BY APPLICATION, 2022 VS. 2027 (USD BILLION) 
    FIGURE 13 HEALTH INGREDIENTS MARKET, BY REGION, 2021 
 
4 PREMIUM INSIGHTS (Page No. - 63)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HEALTH INGREDIENTS MARKET 
           FIGURE 14 INCREASED CONSUMPTION OF FORTIFIED FOODS DUE TO GROWING HEALTH CONSCIOUSNESS TO DRIVE MARKET GROWTH
    4.2 ASIA PACIFIC: HEALTH INGREDIENTS MARKET, BY TYPE AND COUNTRY 
           FIGURE 15 CHINA AND PROTEINS ACCOUNTED FOR LARGEST SHARES IN 2021
    4.3 HEALTH INGREDIENTS MARKET: REGIONAL SUBMARKETS 
           FIGURE 16 INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    4.4 HEALTH INGREDIENTS MARKET, BY APPLICATION AND REGION 
           FIGURE 17 EUROPE DOMINATED HEALTH INGREDIENTS MARKET ACROSS ALL APPLICATIONS IN 2022
    4.5 HEALTH INGREDIENTS MARKET, BY TYPE, 2022 VS. 2027 
           FIGURE 18 PROTEINS SEGMENT TO ACCOUNT FOR LARGEST SHARE BY 2027
    4.6 HEALTH INGREDIENTS MARKET, BY SOURCE, 2022 VS. 2027 
           FIGURE 19 PLANT-BASED SEGMENT TO ACCOUNT FOR LARGEST SHARE BY 2027
    4.7 HEALTH INGREDIENTS MARKET, BY APPLICATION, 2022 VS. 2027 
           FIGURE 20 FOOD APPLICATION ACCOUNTED FOR LARGEST SHARE IN 2022
 
5 MARKET OVERVIEW (Page No. - 69)
    5.1 INTRODUCTION 
    5.2 MACROECONOMIC INDICATORS 
           5.2.1 HIGH PREVALENCE OF OBESITY
                    FIGURE 21 PROJECTED RATES OF OBESITY
                    FIGURE 22 HEALTH EXPENDITURE ON OVERWEIGHT AND RELATED CONDITIONS, 2020-2050
                    5.2.1.1 Increasing aging population
                               FIGURE 23 US POPULATION AGED 65 AND OLDER, 2000–2060 (MILLION)
                               FIGURE 24 AGING POPULATION IN JAPAN, 2017–2021
                               FIGURE 25 AGING POPULATION IN UK, 2017–2021
                               FIGURE 26 AGING POPULATION IN GERMANY, 2017–2021
    5.3 MARKET DYNAMICS 
           FIGURE 27 HEALTH INGREDIENTS MARKET DYNAMICS
           5.3.1 DRIVERS
                    5.3.1.1 Shift in consumer preference from nutrition-based to health-specific food
                               FIGURE 28 DIETS FOLLOWED BY CONSUMERS IN 2021
                               FIGURE 29 HEALTH BENEFITS SOUGHT FROM FOOD
                    5.3.1.2 Increasing instances of chronic disease
                               FIGURE 30 CHRONIC DISEASES AMONG THE TOP TEN CAUSES OF DEATH WORLDWIDE AMONGST ALL AGES, 2019
                               FIGURE 31 NUMBER OF AMERICANS WITH CHRONIC CONDITIONS
                    5.3.1.3 Rising demand for fortified food & beverage products
                               FIGURE 32 CONSUMERS’ PERCEPTION REGARDING WHAT TO CONSUME OR AVOID
                               FIGURE 33 NUMBER OF COUNTRIES MANDATING FOOD FORTIFICATION, 2011–2021
                    5.3.1.4 R&D and expansion of production capacity to enhance applicability and accelerate growth
           5.3.2 RESTRAINTS
                    5.3.2.1 Pricing complexities related to newly introduced health ingredients
                    5.3.2.2 Rising instances of allergies and intolerances related to soy ingredients
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Shift toward plant-based health ingredients
                               FIGURE 34 PLANT-BASED FOODS SALES (USD BILLION)
                               FIGURE 35 TOTAL US PLANT-BASED FOODS SALES, BY CATEGORY, IN 2021 (USD BILLION)
                    5.3.3.2 Consumer awareness of micronutrient deficiencies
                               TABLE 2 FOODS TO BOOST IMMUNE SYSTEM
                               TABLE 3 MICRONUTRIENTS DEFICIENCY CONDITIONS AND THEIR WORLDWIDE PREVALENCE
           5.3.4 CHALLENGES
                    5.3.4.1 Complexities related to integration and adulteration issues in health ingredients for functional food products
                    5.3.4.2 Adherence to stringent international quality standards and regulations
 
6 INDUSTRY TRENDS (Page No. - 90)
    6.1 INTRODUCTION 
    6.2 VALUE CHAIN ANALYSIS 
           FIGURE 36 VALUE CHAIN: HEALTH INGREDIENTS MARKET
           6.2.1 SOURCING OF RAW MATERIALS
           6.2.2 MANUFACTURING
           6.2.3 DISTRIBUTION, MARKETING, AND SALES
    6.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES 
           FIGURE 37 REVENUE SHIFT FOR HEALTH INGREDIENTS MARKET
    6.4 TECHNOLOGY ANALYSIS 
           6.4.1 FOOD MICROENCAPSULATION
                    6.4.1.1 Encapsulation of omega-3 to mask odor
           6.4.2 INNOVATIVE AND DISRUPTIVE TECH
                    6.4.2.1 Robotics as key technological trend leading to innovations
                    6.4.2.2 3D printing to uplift future of market with high-end products
    6.5 PRICING ANALYSIS 
           FIGURE 38 PRICING ANALYSIS, 2017–2023 (MILLION/KT)
           FIGURE 39 PRICING TREND OF TYPES OF HEALTH INGREDIENTS, 2017–2023 (MILLION/KT)
    6.6 PATENT ANALYSIS 
           FIGURE 40 PATENTS GRANTED FOR HEALTH INGREDIENTS MARKET, 2011-2021
           FIGURE 41 REGIONAL ANALYSIS OF PATENTS GRANTED FOR HEALTH INGREDIENTS MARKET, 2011-2021
           TABLE 4 KEY PATENTS PERTAINING TO HEALTH INGREDIENTS MARKET, 2021
    6.7 MARKET MAP 
           6.7.1 UPSTREAM
                    6.7.1.1 Ingredient manufacturers
                    6.7.1.2 Technology providers
                    6.7.1.3 Startups/Emerging companies
           6.7.2 DOWNSTREAM
                    6.7.2.1 Regulatory bodies
                    6.7.2.2 End users
                               FIGURE 42 HEALTH INGREDIENTS MARKET: MARKET MAP
                               TABLE 5 HEALTH INGREDIENTS MARKET: ECOSYSTEM
    6.8 TRADE SCENARIO 
           FIGURE 43 VITAMINS: IMPORT VALUE, BY KEY COUNTRY, 2017–2021 (USD THOUSAND)
           TABLE 6 IMPORT DATA OF VITAMINS FOR KEY COUNTRIES, 2021 (VALUE)
           FIGURE 44 VITAMINS: EXPORT VALUE, BY KEY COUNTRY, 2017–2021 (USD THOUSAND)
           TABLE 7 EXPORT DATA OF VITAMINS FOR KEY COUNTRIES, 2021 (VALUE)
           FIGURE 45 AMINO ACIDS: IMPORT VALUE, BY KEY COUNTRY, 2017–2021 (USD THOUSAND)
           TABLE 8 IMPORT DATA OF AMINO ACIDS FOR KEY COUNTRIES, 2021 (VALUE)
           FIGURE 46 AMINO ACIDS: EXPORT VALUE, BY KEY COUNTRY, 2017–2021 (USD THOUSAND)
           TABLE 9 EXPORT DATA OF AMINO ACIDS FOR KEY COUNTRIES, 2021 (VALUE)
    6.9 KEY CONFERENCES & EVENTS IN 2022-2023 
           TABLE 10 HEALTH INGREDIENTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2022-2023
    6.10 TARIFF AND REGULATORY LANDSCAPE 
           6.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 14 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 15 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           6.10.2 REGULATORY FRAMEWORK
                    6.10.2.1 Organizations/Regulations governing health ingredients market
                               TABLE 16 DEFINITIONS & REGULATIONS FOR HEALTH INGREDIENTS WORLDWIDE
                    6.10.2.2 North America
                               6.10.2.2.1 Canada
                               6.10.2.2.2 US
                               6.10.2.2.3 Mexico
                    6.10.2.3 European Union (EU)
                    6.10.2.4 Asia Pacific
                               6.10.2.4.1 Japan
                               6.10.2.4.2 China
                               6.10.2.4.3 India
                               6.10.2.4.4 Australia & New Zealand
                    6.10.2.5 Rest of the World (RoW)
                               6.10.2.5.1 Israel
                               6.10.2.5.2 Brazil
                    6.10.2.6 Probiotics
                               6.10.2.6.1 Introduction
                               6.10.2.6.2 National/International bodies for safety standards and regulations
                               TABLE 17 DEFINITIONS & REGULATIONS FOR HEALTH INGREDIENTS WORLDWIDE
                               6.10.2.6.3 Codex Alimentarius Commission (CAC)
                               6.10.2.6.4 North America: Regulatory environment analysis
                                             6.10.2.6.4.1 US
                                             6.10.2.6.4.2 Canada
                               6.10.2.6.5 Europe: Regulatory environment analysis
                               6.10.2.6.6 Asia Pacific: Regulatory environment analysis
                                             6.10.2.6.6.1 Japan
                                             6.10.2.6.6.2 India
                               6.10.2.6.7 South America: Regulatory environment analysis
                                             6.10.2.6.7.1 Brazil
                    6.10.2.7 Prebiotics
                               6.10.2.7.1 Introduction
                               6.10.2.7.2 Asia Pacific
                                             6.10.2.7.2.1 Japan
                                             6.10.2.7.2.2 Australia & New Zealand
                                             6.10.2.7.2.3 South Korea
                                             6.10.2.7.2.4 India
                               TABLE 18 SCHEDULE – XI OF FOOD SAFETY AND STANDARDS REGULATIONS, 2015, FOR LIST OF APPROVED PREBIOTIC INGREDIENTS
                               6.10.2.7.3 North America
                                             6.10.2.7.3.1 US
                                             6.10.2.7.3.2 Canada
                               TABLE 19 LIST OF ACCEPTED DIETARY FIBERS BY CANADIAN REGULATORY AUTHORITIES & THEIR SOURCES
                               6.10.2.7.4 European Union
    6.11 PORTER’S FIVE FORCES ANALYSIS 
                    TABLE 20 HEALTH INGREDIENTS MARKET: PORTER’S FIVE FORCES ANALYSIS
           6.11.1 INTENSITY OF COMPETITIVE RIVALRY
           6.11.2 BARGAINING POWER OF SUPPLIERS
           6.11.3 BARGAINING POWER OF BUYERS
           6.11.4 THREAT OF SUBSTITUTES
           6.11.5 THREAT OF NEW ENTRANTS
    6.12 CASE STUDY ANALYSIS 
           6.12.1 METHODOLOGY FOR QUICK, PRECISE MEASUREMENT OF KEY HEALTH INGREDIENTS
           6.12.2 FRUNUTTA STARTED OFFERING EASY-TO-USE AND EFFICIENT-TO-TAKE VITAMIN AND MINERAL PILLS THAT DISSOLVE INSTANTLY
           6.12.3 MINDRIGHT’S BARS HELPED COMBAT MENTAL HEALTH ISSUES
    6.13 KEY STAKEHOLDERS AND BUYING CRITERIA 
           6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 47 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SOURCES
                    TABLE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TYPES (%)
           6.13.2 BUYING CRITERIA
                    TABLE 22 KEY CRITERIA FOR SELECTING SUPPLIER/VENDOR
                    FIGURE 48 KEY CRITERIA FOR SELECTING SUPPLIER/VENDOR
    6.14 RECESSION IMPACT ON HEALTH INGREDIENTS MARKET 
           6.14.1 MACRO INDICATORS OF RECESSION
                    FIGURE 49 INDICATORS OF RECESSION
                    6.14.1.1 Inflation
                               FIGURE 50 WORLD INFLATION RATE: 2011-2021
                    6.14.1.2 GDP growth
                               FIGURE 51 GLOBAL GDP, 2011-2021 (USD TRILLION)
                    6.14.1.3 Domestic demand
                    6.14.1.4 Unemployment
                    6.14.1.5 Supply chain disruption
                               FIGURE 52 GLOBAL HEALTH INGREDIENTS MARKET: EARLIER FORECAST VS. RECESSION FORECAST
                               FIGURE 53 RECESSION INDICATORS AND THEIR IMPACT ON HEALTH INGREDIENTS MARKET
 
7 HEALTH INGREDIENTS MARKET, BY TYPE (Page No. - 133)
    7.1 INTRODUCTION 
           FIGURE 54 HEALTH INGREDIENTS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)
           TABLE 23 HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
           TABLE 24 HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
    7.2 PROTEINS 
           7.2.1 RISING DEMAND FOR NUTRIENT-RICH PRODUCTS TO DRIVE GROWTH
                    TABLE 25 PROTEINS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 26 PROTEINS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.3 VITAMINS 
           7.3.1 AWARENESS, WIDE ACCEPTANCE, AND EASY AVAILABILITY TO DRIVE MARKET DEMAND
                    TABLE 27 VITAMINS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 28 VITAMINS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
                    TABLE 29 VITAMINS: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                    TABLE 30 VITAMINS: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
           7.3.2 VITAMIN A
                    TABLE 31 VITAMIN A CONTENT OF SELECTED FOODS
                    TABLE 32 VITAMIN A: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 33 VITAMIN A: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.3.3 VITAMIN B COMPLEX
                    TABLE 34 DAILY RECOMMENDATIONS FOR VITAMIN B-COMPLEX SUPPLEMENTS
                    TABLE 35 VITAMIN B COMPLEX: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 36 VITAMIN B COMPLEX: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.3.4 VITAMIN C
                    TABLE 37 VITAMIN C: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 38 VITAMIN C: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.3.5 VITAMIN D
                    TABLE 39 VITAMIN D: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 40 VITAMIN D: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.3.6 VITAMIN E
                    TABLE 41 VITAMIN E: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 42 VITAMIN E: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.3.7 OTHERS (VITAMIN K AND VITAMIN H)
                    TABLE 43 OTHER VITAMINS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 44 OTHER VITAMINS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.4 MINERALS 
           7.4.1 ENABLES INCREASED BONE DENSITY, IMPROVED BLOOD COAGULATION, AND ENHANCED FOOD ENERGY CONVERSION
                    TABLE 45 MINERALS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 46 MINERALS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
                    TABLE 47 MINERALS: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                    TABLE 48 MINERALS: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
           7.4.2 MACRO MINERALS
                    TABLE 49 MACRO MINERALS AND THEIR FUNCTIONS
                    TABLE 50 MACRO MINERALS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 51 MACRO MINERALS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.4.3 MICRO MINERALS
                    TABLE 52 MICRO MINERALS & THEIR FUNCTIONS
                    TABLE 53 MICRO MINERALS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 54 MICRO MINERALS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.5 PREBIOTICS 
           7.5.1 INCREASED CONCERNS ABOUT HEALTH ISSUES TO DRIVE EXPANSION OF PREBIOTICS MARKET
                    TABLE 55 PREBIOTICS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 56 PREBIOTICS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
                    TABLE 57 PREBIOTICS: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                    TABLE 58 PREBIOTICS: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
           7.5.2 OLIGOSACCHARIDES
                    TABLE 59 OLIGOSACCHARIDES: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 60 OLIGOSACCHARIDES: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.5.3 INULIN
                    TABLE 61 INULIN: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 62 INULIN: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.5.4 POLYDEXTROSE
                    TABLE 63 POLYDEXTROSE: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 64 POLYDEXTROSE: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.5.5 OTHERS (LACTITOL, LACTULOSE, LACTOSUCROSE, AND XYLOOLIGOSACCHARIDES)
                    TABLE 65 OTHER PREBIOTICS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 66 OTHER PREBIOTICS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.6 NUTRITIONAL LIPIDS 
           7.6.1 DEMAND EXPECTED TO RISE AS PEOPLE INCREASINGLY USE OMEGA-3 INGREDIENTS TO ENHANCE HEART AND BRAIN HEALTH
                    TABLE 67 NUTRITIONAL LIPIDS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 68 NUTRITIONAL LIPIDS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.7 PROBIOTIC STARTER CULTURES 
           7.7.1 HIGH DEMAND FOR SCIENTIFICALLY PROVEN HEALTH FOODS TO OFFER REVENUE GROWTH OPPORTUNITIES
                    TABLE 69 PROBIOTIC STARTER CULTURES: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 70 PROBIOTIC STARTER CULTURES: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.8 FUNCTIONAL CARBOHYDRATES 
           7.8.1 PREFERENCE FOR FEWER CARBOHYDRATE FOODS TO DRIVE DEMAND
                    TABLE 71 FUNCTIONAL CARBOHYDRATES: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 72 FUNCTIONAL CARBOHYDRATES: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.9 PLANT & FRUIT EXTRACTS 
           7.9.1 NATURAL PLANT EXTRACTS TO GAIN IMMENSE POPULARITY
                    TABLE 73 PLANT & FRUIT EXTRACTS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 74 PLANT & FRUIT EXTRACTS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
                    TABLE 75 PLANT & FRUIT EXTRACTS: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                    TABLE 76 PLANT & FRUIT EXTRACTS: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
           7.9.2 FLAVONOIDS
                    TABLE 77 FLAVONOIDS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 78 FLAVONOIDS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.9.3 POLYPHENOLS
                    TABLE 79 COMMON SOURCES OF DIETARY POLYPHENOLS
                    TABLE 80 POLYPHENOLS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 81 POLYPHENOLS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.9.4 STEROLS
                    TABLE 82 STEROLS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 83 STEROLS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.9.5 CAROTENOIDS
                    TABLE 84 SOURCES OF CAROTENOIDS IN FRUITS & VEGETABLES AND THEIR MEDICINAL PROPERTIES
                    TABLE 85 CAROTENOIDS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 86 CAROTENOIDS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.9.6 OTHERS (INCLUDING ANTHOCYANIDINS, CATECHINS, ISOFLAVONES, ISOTHIOCYANATES, AND PHENOLIC COMPOUNDS)
                    TABLE 87 OTHER PLANT & FRUIT EXTRACTS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 88 OTHER PLANT & FRUIT EXTRACTS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.1 ENZYMES 
           7.10.1 INCREASING DEMAND FOR INDUSTRIAL AND SPECIALTY ENZYMES TO DRIVE MARKET GROWTH
                    TABLE 89 ENZYMES: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 90 ENZYMES: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
                    TABLE 91 ENZYMES: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                    TABLE 92 ENZYMES: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
           7.10.2 PROTEASES
                    TABLE 93 IMPORTANT PROTEASE ENZYMES AND THEIR FUNCTIONS
                    TABLE 94 PROTEASES: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 95 PROTEASES: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.10.3 AMYLASES
                    TABLE 96 AMYLASES: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 97 AMYLASES: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.10.4 CELLULASES
                    TABLE 98 CELLULASES: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 99 CELLULASES: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           7.10.5 OTHERS (LACTASE, PECTINASE, LIPASE)
                    TABLE 100 OTHER ENZYMES: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 101 OTHER ENZYMES: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
 
8 HEALTH INGREDIENTS MARKET, BY SOURCE (Page No. - 178)
    8.1 INTRODUCTION 
                    FIGURE 55 HEALTH INGREDIENTS MARKET, BY SOURCE, 2022 VS. 2027 (USD MILLION)
                    TABLE 102 HEALTH INGREDIENTS MARKET, BY SOURCE, 2017–2021 (USD MILLION)
                    TABLE 103 HEALTH INGREDIENTS MARKET, BY SOURCE, 2022–2027 (USD MILLION)
    8.2 PLANT-BASED 
           8.2.1 CHANGING CONSUMER PREFERENCES TO DRIVE MARKET FOR PLANT-BASED HEALTH INGREDIENTS
                    TABLE 104 PLANT-BASED HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 105 PLANT-BASED HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.3 ANIMAL-BASED 
           8.3.1 CONSUMPTION OF ANIMAL-BASED INGREDIENTS DRIVEN BY BETTER NUTRITIONAL AND FLAVOR PROFILE
                    TABLE 106 ANIMAL-BASED HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 107 ANIMAL-BASED HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.4 MICROBIAL-BASED 
           8.4.1 GROWTH IN PROBIOTICS AND CAROTENOIDS IN FUNCTIONAL FOODS TO FUEL GROWTH
                    TABLE 108 MICROBIAL-BASED HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 109 MICROBIAL-BASED HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.5 OTHERS (SYNTHETIC) 
           8.5.1 RISING CONCERNS ABOUT GUT HEALTH TO DRIVE DEMAND FOR BIOTECHNOLOGICALLY PRODUCED PREBIOTICS AND PROBIOTICS
                    TABLE 110 OTHERS (SYNTHETIC): HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 111 OTHERS (SYNTHETIC): HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
 
9 HEALTH INGREDIENTS MARKET, BY APPLICATION (Page No. - 187)
    9.1 INTRODUCTION 
           FIGURE 56 HEALTH INGREDIENTS MARKET, BY APPLICATION, 2022 VS. 2027 (USD MILLION)
           TABLE 112 HEALTH INGREDIENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
           TABLE 113 HEALTH INGREDIENTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
    9.2 FOOD 
           TABLE 114 FOOD: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
           TABLE 115 FOOD: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           9.2.1 BAKERY
                    9.2.1.1 Proteins, vitamins, and fatty acids widely used to improve quality of bakery products
           9.2.2 CONFECTIONERY
                    9.2.2.1 Hectic consumer lifestyles to fuel production of various confectionery products
           9.2.3 SNACKS & MEAL REPLACERS
                    9.2.3.1 Consumers increasingly inclined toward snacks with protein-rich ingredients
           9.2.4 DAIRY PRODUCTS
                    9.2.4.1 Demand for new and improved functional dairy products to rise owing to understanding of health advantages offered
           9.2.5 MEAT & POULTRY PRODUCTS
                    9.2.5.1 Meat & poultry to have high demand due to their protein-rich characteristics
           9.2.6 DIETARY SUPPLEMENTS
                    9.2.6.1 Dietary supplements to enable consumers meet their nutritional needs
           9.2.7 OTHERS
    9.3 BEVERAGES 
           TABLE 116 BEVERAGES: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
           TABLE 117 BEVERAGES: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
           9.3.1 DAIRY BEVERAGES
                    9.3.1.1 Source of high-quality proteins, calcium, potassium, and other nutrients
           9.3.2 SPORTS & NUTRITIONAL DRINKS
                    9.3.2.1 Consumers becoming more aware of importance of optimal nutrition and healthy lifestyles
                               FIGURE 57 SHARE OF NEW PLANT-BASED SPORTS NUTRITION LAUNCHES TRACKED IN EUROPE, 2019
           9.3.3 JUICES
                    9.3.3.1 Demand for juices witnessing surge due to functional benefits and growing health concerns among consumers
    9.4 PHARMACEUTICALS 
           9.4.1 IMPROVED HEART HEALTH AND WEIGHT MANAGEMENT TO SUPPORT DEMAND
                    TABLE 118 PHARMACEUTICALS: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 119 PHARMACEUTICALS: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    9.5 FEED 
           9.5.1 ENHANCED DIGESTION AND NUTRIENT SUPPLY TO DRIVE DEMAND FOR HEALTH INGREDIENTS IN FEED
                    TABLE 120 FEED: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 121 FEED: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
    9.6 PERSONAL CARE 
           9.6.1 GROWING CONSUMER INTEREST IN HEALTH AND GROOMING TO FUEL DEMAND
                    TABLE 122 PERSONAL CARE: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 123 PERSONAL CARE: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
 
10 HEALTH INGREDIENTS MARKET, BY FUNCTION (QUALITATIVE) (Page No. - 203)
     10.1 INTRODUCTION 
     10.2 WEIGHT MANAGEMENT 
     10.3 IMMUNITY ENHANCEMENT 
     10.4 GUT HEALTH MANAGEMENT 
     10.5 JOINT HEALTH MANAGEMENT 
               TABLE 124 BONE-BUILDING NUTRIENTS & THEIR THERAPEUTIC RANGE
     10.6 HEART/CARDIOVASCULAR HEALTH MANAGEMENT 
     10.7 EYE HEALTH MANAGEMENT 
     10.8 BRAIN HEALTH MANAGEMENT 
     10.9 OTHERS (STRESS MANAGEMENT AND BEAUTY MANAGEMENT) 
 
11 HEALTH INGREDIENTS MARKET, BY REGION (Page No. - 208)
     11.1 INTRODUCTION 
               FIGURE 58 US HELD LARGEST SHARE IN HEALTH INGREDIENTS MARKET, 2021
               TABLE 125 HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
               TABLE 126 HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
     11.2 NORTH AMERICA 
             11.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS
                       11.2.1.1 Indicators impacting North American health ingredients market
                                   FIGURE 59 NORTH AMERICAN HEALTH INGREDIENTS MARKET: RECESSION IMPACT ANALYSIS
                                   TABLE 127 NORTH AMERICA: HEALTH INGREDIENTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION)
                                   TABLE 128 NORTH AMERICA: HEALTH INGREDIENTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
                                   TABLE 129 NORTH AMERICA: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 130 NORTH AMERICA: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 131 NORTH AMERICA: HEALTH INGREDIENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                   TABLE 132 NORTH AMERICA: HEALTH INGREDIENTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                                   TABLE 133 NORTH AMERICA: HEALTH INGREDIENTS MARKET, BY SOURCE, 2017–2021 (USD MILLION)
                                   TABLE 134 NORTH AMERICA: HEALTH INGREDIENTS MARKET, BY SOURCE, 2022–2027 (USD MILLION)
             11.2.2 US
                       11.2.2.1 Health ingredients to provide immense growth opportunities in US
                                   TABLE 135 US: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 136 US: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.2.3 CANADA
                       11.2.3.1 Strong support for R&D by government to contribute to market growth
                                   TABLE 137 ESTIMATED PREVALENCE AND COST OF DIABETES
                                   TABLE 138 CANADA: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 139 CANADA: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.2.4 MEXICO
                       11.2.4.1 Growing health and wellness trend to drive market for health ingredients
                                   FIGURE 60 MEXICO: PER CAPITA EXPENDITURE ON FOOD, 2010–2018
                                   TABLE 140 MEXICO: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 141 MEXICO: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
     11.3 EUROPE 
             11.3.1 EUROPE: RECESSION IMPACT ANALYSIS
                       11.3.1.1 Indicators impacting European health ingredients market
                                   TABLE 142 EUROPE: HEALTH INGREDIENTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION)
                                   TABLE 143 EUROPE: HEALTH INGREDIENTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
                                   TABLE 144 EUROPE: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 145 EUROPE: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 146 EUROPE: HEALTH INGREDIENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                   TABLE 147 EUROPE: HEALTH INGREDIENTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                                   TABLE 148 EUROPE: HEALTH INGREDIENTS MARKET, BY SOURCE, 2017–2021 (USD MILLION)
                                   TABLE 149 EUROPE: HEALTH INGREDIENTS MARKET, BY SOURCE, 2022–2027 (USD MILLION)
             11.3.2 GERMANY
                       11.3.2.1 Multiple applications of health ingredients in food & beverages and personal care products to fuel market
                                   FIGURE 61 FREQUENCY OF CONSUMPTION OF VITAMINS VIA FOOD SUPPLEMENTS IN GERMANY, 2021
                                   FIGURE 62 CONSUMED VITAMINS VIA FOOD SUPPLEMENTS IN GERMANY, 2021
                                   TABLE 150 GERMANY: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 151 GERMANY: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.3.3 FRANCE
                       11.3.3.1 Increased health awareness among consumers and strategic government initiatives to lead to market growth
                                   TABLE 152 FRANCE: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 153 FRANCE: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.3.4 UK
                       11.3.4.1 Growing food & beverage industry leading to demand for large number of health ingredients to be used in food products
                                   TABLE 154 UK: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 155 UK: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.3.5 SPAIN
                       11.3.5.1 Functional food & beverage products to fuel consumption of health ingredients
                                   TABLE 156 SPAIN: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 157 SPAIN: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.3.6 ITALY
                       11.3.6.1 Rising aging population and high prevalence of vitamin D deficiency to drive demand for health ingredients
                                   TABLE 158 ITALY: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 159 ITALY: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.3.7 REST OF EUROPE
                       TABLE 160 REST OF EUROPE: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                       TABLE 161 REST OF EUROPE: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
     11.4 ASIA PACIFIC 
               FIGURE 63 ASIA PACIFIC: HEALTH INGREDIENTS MARKET SNAPSHOT
             11.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS
                       11.4.1.1 Indicators impacting Asia Pacific Health ingredients market
                                   TABLE 162 ASIA PACIFIC: HEALTH INGREDIENTS MARKET, BY COUNTRY, 2017–2021 (USD MILLION)
                                   TABLE 163 ASIA PACIFIC: HEALTH INGREDIENTS MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
                                   TABLE 164 ASIA PACIFIC: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 165 ASIA PACIFIC: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 166 ASIA PACIFIC: HEALTH INGREDIENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                   TABLE 167 ASIA PACIFIC: HEALTH INGREDIENTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                                   TABLE 168 ASIA PACIFIC: HEALTH INGREDIENTS MARKET, BY SOURCE, 2017–2021 (USD MILLION)
                                   TABLE 169 ASIA PACIFIC: HEALTH INGREDIENTS MARKET, BY SOURCE, 2022–2027 (USD MILLION)
             11.4.2 CHINA
                       11.4.2.1 Changing lifestyles of consumers and preference for fortified products to augment market growth
                                   TABLE 170 CHINA: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 171 CHINA: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.4.3 INDIA
                       11.4.3.1 Rising hospitalization cost to drive consumer demand for supplements and other nutrients
                                   TABLE 172 INDIA: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 173 INDIA: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.4.4 JAPAN
                       11.4.4.1 Government’s support and Japan’s health-conscious population to contribute to growth
                                   TABLE 174 JAPAN: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 175 JAPAN: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.4.5 REST OF ASIA PACIFIC
                       TABLE 176 REST OF ASIA PACIFIC: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                       TABLE 177 REST OF ASIA PACIFIC: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
     11.5 REST OF THE WORLD (ROW) 
             11.5.1 REST OF THE WORLD: RECESSION IMPACT ANALYSIS
                       11.5.1.1 Indicators impacting Rest of the World health ingredients market
                                   TABLE 178 ROW: HEALTH INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                                   TABLE 179 ROW: HEALTH INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
                                   TABLE 180 ROW: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 181 ROW: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 182 ROW: HEALTH INGREDIENTS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
                                   TABLE 183 ROW: HEALTH INGREDIENTS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
                                   TABLE 184 ROW: HEALTH INGREDIENTS MARKET, BY SOURCE, 2017–2021 (USD MILLION)
                                   TABLE 185 ROW: HEALTH INGREDIENTS MARKET, BY SOURCE, 2022–2027 (USD MILLION)
             11.5.2 SOUTH AMERICA
                       11.5.2.1 Rising health consciousness among consumers and growing urbanization to be most important drivers
                       11.5.2.2 South America: Recession impact analysis
                       11.5.2.3 Indicators impacting the South American health ingredients market
                                   TABLE 186 SOUTH AMERICA: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 187 SOUTH AMERICA: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.5.3 MIDDLE EAST
                       11.5.3.1 Increased investments in food and pharma sectors to boost market growth
                                   TABLE 188 MIDDLE EAST: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 189 MIDDLE EAST: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             11.5.4 AFRICA
                       11.5.4.1 Economic development and increase in health-conscious consumers to be driving factors
                                   TABLE 190 AFRICA: HEALTH INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 191 AFRICA: HEALTH INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
 
12 COMPETITIVE LANDSCAPE (Page No. - 259)
     12.1 OVERVIEW 
     12.2 MARKET SHARE ANALYSIS, 2021 
               TABLE 192 HEALTH INGREDIENTS MARKET: DEGREE OF COMPETITION
     12.3 STRATEGIES ADOPTED BY KEY PLAYERS 
     12.4 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS 
               FIGURE 64 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS IN MARKET, 2017–2021 (USD BILLION)
     12.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS) 
             12.5.1 STARS
             12.5.2 EMERGING LEADERS
             12.5.3 PERVASIVE PLAYERS
             12.5.4 PARTICIPANTS
                       FIGURE 65 HEALTH INGREDIENTS MARKET: COMPANY EVALUATION QUADRANT, 2021 (KEY PLAYERS)
             12.5.5 PRODUCT FOOTPRINT
                       TABLE 193 COMPANY FOOTPRINT, BY TYPE
                       TABLE 194 COMPANY FOOTPRINT, BY APPLICATION
                       TABLE 195 COMPANY FOOTPRINT, BY REGION
                       TABLE 196 OVERALL COMPANY FOOTPRINT
     12.6 HEALTH INGREDIENTS MARKET: EVALUATION QUADRANT FOR STARTUPS/SMES, 2021 
             12.6.1 PROGRESSIVE COMPANIES
             12.6.2 STARTING BLOCKS
             12.6.3 RESPONSIVE COMPANIES
             12.6.4 DYNAMIC COMPANIES
                       FIGURE 66 HEALTH INGREDIENTS MARKET: COMPANY EVALUATION QUADRANT, 2021 (STARTUPS/SMES)
             12.6.5 COMPETITIVE BENCHMARKING OF STARTUPS/SMES
                       TABLE 197 HEALTH INGREDIENTS MARKET: DETAILED LIST OF KEY STARTUPS/SMES
                       TABLE 198 HEALTH INGREDIENTS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES
     12.7 COMPETITIVE SCENARIO 
             12.7.1 PRODUCT LAUNCHES
                       TABLE 199 HEALTH INGREDIENTS MARKET: PRODUCT LAUNCHES, 2020–2021
             12.7.2 DEALS
                       TABLE 200 HEALTH INGREDIENTS MARKET: DEALS, 2018–2022
             12.7.3 OTHERS
                       TABLE 201 HEALTH INGREDIENTS MARKET: OTHERS, 2018-2022
 
13 COMPANY PROFILES (Page No. - 289)
     13.1 INTRODUCTION 
     13.2 KEY COMPANIES 
(Business overview, Products offered, Recent Developments, MNM view)*
             13.2.1 ADM
                       TABLE 202 ADM: BUSINESS OVERVIEW
                       FIGURE 67 ADM: COMPANY SNAPSHOT
                       TABLE 203 ADM: PRODUCTS OFFERED
                       TABLE 204 ADM: PRODUCT LAUNCH
                       TABLE 205 ADM: DEALS
                       TABLE 206 ADM: OTHERS
             13.2.2 ASSOCIATED BRITISH FOODS PLC
                       TABLE 207 ASSOCIATED BRITISH FOODS PLC: BUSINESS OVERVIEW
                       FIGURE 68 ASSOCIATED BRITISH FOODS PLC: COMPANY SNAPSHOT
                       TABLE 208 ASSOCIATED BRITISH FOODS PLC: PRODUCTS OFFERED
             13.2.3 INTERNATIONAL FLAVORS & FRAGRANCES INC.
                       TABLE 209 INTERNATIONAL FLAVORS & FRAGRANCES INC.: BUSINESS OVERVIEW
                       FIGURE 69 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT
                       TABLE 210 INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCTS OFFERED
                       TABLE 211 INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCT LAUNCH
                       TABLE 212 INTERNATIONAL FLAVORS & FRAGRANCES INC.: DEALS
                       TABLE 213 INTERNATIONAL FLAVORS & FRAGRANCES INC.: OTHERS
             13.2.4 KERRY GROUP PLC
                       TABLE 214 KERRY GROUP PLC: BUSINESS OVERVIEW
                       FIGURE 70 KERRY GROUP PLC: COMPANY SNAPSHOT
                       TABLE 215 KERRY GROUP PLC: PRODUCTS OFFERED
                       TABLE 216 KERRY GROUP PLC: PRODUCT LAUNCH
                       TABLE 217 KERRY GROUP PLC: DEALS
                       TABLE 218 KERRY GROUP PLC: OTHERS
             13.2.5 DSM
                       TABLE 219 DSM: BUSINESS OVERVIEW
                       FIGURE 71 DSM: COMPANY SNAPSHOT
                       TABLE 220 DSM: PRODUCTS OFFERED
                       TABLE 221 DSM: DEALS
             13.2.6 BASF SE
                       TABLE 222 BASF SE: BUSINESS OVERVIEW
                       FIGURE 72 BASF SE: COMPANY SNAPSHOT
                       TABLE 223 BASF SE: PRODUCTS OFFERED
                       TABLE 224 BASF SE: OTHERS
             13.2.7 CARGILL INCORPORATED
                       TABLE 225 CARGILL INCORPORATED: BUSINESS OVERVIEW
                       FIGURE 73 CARGILL INCORPORATED: COMPANY SNAPSHOT
                       TABLE 226 CARGILL INCORPORATED: PRODUCTS OFFERED
                       TABLE 227 CARGILL INCORPORATED: PRODUCT LAUNCH
                       TABLE 228 CARGILL INCORPORATED: DEALS
                       TABLE 229 CARGILL INCORPORATED: OTHERS
             13.2.8 INGREDION
                       TABLE 230 INGREDION: BUSINESS OVERVIEW
                       FIGURE 74 INGREDION: COMPANY SNAPSHOT
                       TABLE 231 INGREDION: PRODUCT OFFERINGS
                       TABLE 232 INGREDION: PRODUCT LAUNCH
                       TABLE 233 INGREDION: DEALS
                       TABLE 234 INGREDION: OTHERS
             13.2.9 ARLA FOODS
                       TABLE 235 ARLA FOODS: BUSINESS OVERVIEW
                       FIGURE 75 ARLA FOODS: COMPANY SNAPSHOT
                       TABLE 236 ARLA FOODS: PRODUCTS OFFERED
             13.2.10 TATE & LYLE
                       TABLE 237 TATE & LYLE: BUSINESS OVERVIEW
                       FIGURE 76 TATE & LYLE: COMPANY SNAPSHOT
                       TABLE 238 TATE & LYLE: PRODUCTS OFFERED
                       TABLE 239 TATE & LYLE: PRODUCT LAUNCH
                       TABLE 240 TATE & LYLE: DEALS
                       TABLE 241 TATE & LYLE: OTHERS
             13.2.11 LONZA
                       TABLE 242 LONZA: BUSINESS OVERVIEW
                       FIGURE 77 LONZA: COMPANY SNAPSHOT
                       TABLE 243 LONZA: PRODUCTS OFFERED
                       TABLE 244 LONZA: PRODUCT LAUNCH
             13.2.12 ROYAL FRIESLANDCAMPINA N.V.
                       TABLE 245 ROYAL FRIESLANDCAMPINA N.V.: BUSINESS OVERVIEW
                       FIGURE 78 ROYAL FRIESLANDCAMPINA N.V.: COMPANY SNAPSHOT
                       TABLE 246 ROYAL FRIESLANDCAMPINA N.V.: PRODUCTS OFFERED
             13.2.13 GLANBIA PLC
                       TABLE 247 GLANBIA PLC: BUSINESS OVERVIEW
                       FIGURE 79 GLANBIA PLC: COMPANY SNAPSHOT
                       TABLE 248 GLANBIA PLC: PRODUCTS OFFERED
                       TABLE 249 GLANBIA PLC: PRODUCT LAUNCH
                       TABLE 250 GLANBIA PLC: DEALS
                       TABLE 251 GLANBIA PLC: OTHERS
             13.2.14 CHR HANSEN HOLDING A/S
                       TABLE 252 CHR HANSEN HOLDING A/S: BUSINESS OVERVIEW
                       FIGURE 80 CHR HANSEN HOLDING A/S: COMPANY SNAPSHOT
                       TABLE 253 CHR HANSEN HOLDING A/S: PRODUCTS OFFERED
                       TABLE 254 CHR HANSEN HOLDING A/S: PRODUCT LAUNCH
                       TABLE 255 CHR HANSEN HOLDING A/S: DEALS
                       TABLE 256 CHR HANSEN HOLDING A/S: OTHERS
             13.2.15 PROBI
                       TABLE 257 PROBI: BUSINESS OVERVIEW
                       FIGURE 81 PROBI: COMPANY SNAPSHOT
                       TABLE 258 PROBI: PRODUCTS OFFERED
                       TABLE 259 PROBI: PRODUCT LAUNCH
                       TABLE 260 PROBI: DEALS
     13.3 OTHER PLAYERS 
             13.3.1 FONTERRA CO-OPERATIVE GROUP LIMITED
                       TABLE 261 FONTERRA CO-OPERATIVE GROUP LIMITED: BUSINESS OVERVIEW
                       FIGURE 82 FONTERRA CO-OPERATIVE GROUP LIMITED: COMPANY SNAPSHOT
                       TABLE 262 FONTERRA CO-OPERATIVE GROUP LIMITED: PRODUCTS OFFERED
                       TABLE 263 FONTERRA CO-OPERATIVE GROUP LIMITED: DEALS
             13.3.2 BALCHEM INC.
                       TABLE 264 BALCHEM INC.: BUSINESS OVERVIEW
                       FIGURE 83 BALCHEM INC.: COMPANY SNAPSHOT
                       TABLE 265 BALCHEM INC.: PRODUCTS OFFERED
                       TABLE 266 BALCHEM INC.: DEALS
             13.3.3 MARTIN BAUER
                       TABLE 267 MARTIN BAUER: BUSINESS OVERVIEW
                       TABLE 268 MARTIN BAUER: PRODUCT OFFERINGS
                       TABLE 269 MARTIN BAUER: DEALS
                       TABLE 270 MARTIN BAUER: OTHERS
             13.3.4 ROQUETTE FRÈRES
                       TABLE 271 ROQUETTE FRÈRES: BUSINESS OVERVIEW
                       TABLE 272 ROQUETTE FRÈRES: PRODUCTS OFFERED
                       TABLE 273 ROQUETTE FRÈRES: OTHERS
             13.3.5 DIVI’S LABORATORIES
                       TABLE 274 DIVI’S LABORATORIES: BUSINESS OVERVIEW
                       FIGURE 84 DIVI’S LABORATORIES: COMPANY SNAPSHOT
                       TABLE 275 DIVI’S LABORATORIES: PRODUCT OFFERINGS
             13.3.6 NUTRACEUTICALS GROUP
             13.3.7 CONAGEN, INC.
             13.3.8 NEXIRA
             13.3.9 BENEO GMBH
             13.3.10 SYDLER INDIA PVT. LTD.
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
 
14 ADJACENT & RELATED MARKETS (Page No. - 377)
     14.1 INTRODUCTION 
     14.2 LIMITATIONS 
     14.3 NUTRACEUTICAL INGREDIENTS MARKET 
             14.3.1 MARKET DEFINITION
             14.3.2 MARKET OVERVIEW
             14.3.3 NUTRACEUTICAL INGREDIENTS MARKET, BY TYPE
                       14.3.3.1 Introduction
                                   TABLE 276 NUTRACEUTICAL INGREDIENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 277 NUTRACEUTICAL INGREDIENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
                                   TABLE 278 NUTRACEUTICAL INGREDIENTS MARKET, BY TYPE, 2017–2021 (KT)
                                   TABLE 279 NUTRACEUTICAL INGREDIENTS MARKET, BY TYPE, 2022–2027 (KT)
             14.3.4 NUTRACEUTICAL INGREDIENTS MARKET, BY REGION
                       14.3.4.1 Introduction
                                   TABLE 280 NUTRACEUTICAL INGREDIENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                                   TABLE 281 NUTRACEUTICAL INGREDIENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
     14.4 DIETARY SUPPLEMENTS MARKET 
             14.4.1 MARKET DEFINITION
             14.4.2 MARKET OVERVIEW
             14.4.3 DIETARY SUPPLEMENTS MARKET, BY TYPE
                       14.4.3.1 Introduction
                                   TABLE 282 DIETARY SUPPLEMENTS MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                   TABLE 283 DIETARY SUPPLEMENTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
             14.4.4 DIETARY SUPPLEMENTS MARKET, BY REGION
                       14.4.4.1 Introduction
                                   TABLE 284 DIETARY SUPPLEMENTS MARKET, BY REGION, 2017–2021 (USD MILLION)
                                   TABLE 285 DIETARY SUPPLEMENTS MARKET, BY REGION, 2022–2027 (USD MILLION)
 
15 APPENDIX (Page No. - 385)
     15.1 DISCUSSION GUIDE 
     15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     15.3 CUSTOMIZATION OPTIONS 
     15.4 RELATED REPORTS 
     15.5 AUTHOR DETAILS 

The study involved four major steps in estimating the size of the health ingredients market. Exhaustive secondary research was done to collect information on the market, as well as the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various sources such as the Food and Agriculture Organization (FAO), United States Department of Agriculture (USDA), Animal Feed Manufacturers Association (AFMA), Food Safety Council (FSC), Food and Drug Administration (FDA), European Food Safety Authority (EFSA), Food Standards Australia New Zealand (FSANZ), Dietary Supplement Health and Education Act (DSHEA), and Organisation for Economic Co-operation and Development (OECD) were referred to, to identify and collect information for this study. The secondary sources also include annual reports, press releases, investor presentations of companies, white papers, certified publications, articles by recognized authors and regulatory bodies, trade directories, and paid databases.

Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, market classification & segmentation according to industry trends to the bottom-most level, and geographical markets. It was also used to obtain information on the key developments from a market-oriented perspective.

Primary Research

The market comprises several stakeholders in the supply chain, including suppliers, manufacturers, and end-product manufacturers. Various primary sources from both the supply and demand sides of both markets were interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include key opinion leaders, executives, vice presidents, and CEOs of the food, beverage, animal nutrition, personal care, and pharmaceutical industries. The primary sources from the supply side include research institutions involved in R&D, key opinion leaders, and health ingredient manufacturing companies.

Health Ingredients Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the health ingredients market. These approaches have also been used extensively to determine the size of the various subsegments in the market. The research methodology used to estimate the market size includes the following details:

  • The key players in the industry and market have been identified through extensive secondary research.
  • The health ingredients value chain and market size in terms of value and volume have been determined through primary and secondary research.
  • All shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All macroeconomic and microeconomic factors affecting the growth of the health ingredients market were considered while estimating the market size.
  • All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

The following sections (bottom-up & top-down) depict the overall market size estimation process employed for the purpose of this study.

Bottom-Up

  • In the bottom-up approach, health ingredients for type, application, source, and region were added to arrive at the global and regional market size and CAGR.
  • The bottom-up procedure has been employed to arrive at the overall size of the health ingredients market from the revenues of key players (companies) and their product share in the market.

Market Size Estimation Methodology: Bottom-Up Approach

Health Ingredients Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Top-Down

In the top-down approach, the overall market size was used to estimate the size of individual markets (type, source, application, and region) through percentage splits from secondary and primary research. To calculate specific market segments, the most appropriate and immediate parent market size was used, implementing the top-down approach. The data obtained was further validated by conducting primary interviews with industry experts, key suppliers, and manufacturers of health ingredients.

Market Size Estimation Methodology: Top-Down Approach

Health Ingredients Market Size, and Share

Data Triangulation

After arriving at the overall market size from the market estimation process explained above, the total market was split into several segments and subsegments. To complete the overall health ingredients market and arrive at the exact statistics for all segments, data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides. Additionally, the market size was validated using both top-down and bottom-up approaches.

Report Objectives

Market Intelligence

  • Determining and projecting the size of the health ingredients market based on type, application, source, function, and region over a five-year period ranging from 2022 to 2027
  • Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments across the key regions
  • Analyzing the demand-side factors based on the following:
  • Impact of macro- and microeconomic factors on the market
  • Shifts in demand patterns across different subsegments and regions
  • Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

Competitive Intelligence

  • Identifying and profiling the key market players in the health ingredients market
  • Providing a comparative analysis of the market leaders based on the following:
  • Product offerings
  • Business strategies
  • Strengths and weaknesses
  • Key financials
  • Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key regions
  • Analyzing the value chain and regulatory frameworks across regions and their impact on prominent market players
  • Providing insights into the key investments in product innovations and technology in the health ingredients market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific scientific needs.

The following customization options are available for the report:

Geographic Analysis

  • Further breakdown of the Rest of the European health ingredients market into the Netherlands, Finland, Denmark, Norway, Belgium, and Russia
  • Further breakdown of the Rest of Asia Pacific health ingredients market into Indonesia, South Korea, Malaysia, Singapore, Australia & New Zealand, and Vietnam
  • Further breakdown of the RoW health ingredients market into South American, Middle Eastern, and Sub-Saharan African countries

Application Analysis

  • Further breakdown of the application by country
Report Code
FB 5460
Published ON
Feb, 2023
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Health Ingredients Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2023 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback