Nutraceutical Ingredients Market

Market Leaders: Associated British Foods PLC (UK), Arla Foods Ingredients Group P/S (Denmark), DSM (Netherland), Ingredion (US), and Tate & Lyle (UK) are Projected to Dominate the Market due to their Innovative Product and Technology-Based Development to Provide High Quality Nutraceutical Ingredients Market

The market for nutraceutical ingredients is estimated at USD 185.2 billion in 2022; it is projected to grow at a CAGR of 7.2% to reach USD 261.7 billion by 2027. The raising awareness on health and wellness among the population, alternative food solution, customization according to the health benefits, are some of the key factors for the growth of the global nutraceutical ingredients market.

The nutraceutical ingredients market consists of a few globally established players such Associated British Foods Plc (UK), Arla Foods Ingredients Group P/S (Denmark), DSM (Netherland), Ingredion (US), Tate & Lyle (UK), Ajinomoto Co., Inc. (Japan), CHR Hansen Holdings A/S. (Denmark), Kyowa Hakko Bio Co., Ltd. (Japan), Glanbia Plc (Ireland), Fonterra Co. Operative Group Limited (New Zealand), Cargill Incorporated (US), ADM (US), International Flavors & Fragrances, Inc. (US), BASF SE (Germany) and Kerry Groups (Ireland). 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

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

Associated British Foods is a highly diversified group, with a wide range of food and ingredient businesses as well as a flagship retail brand, Primark. The company has been in food and ingredient business over 8 decades and operates in 53 countries across Europe, Southern Africa, North Americas, South America, Asia, and Australia. The company operates through five business segments namely, sugar, agriculture, retail, grocery, and ingredients. The company offers nutraceutical ingredients through the ingredients segment. The ingredients sector of Associated British Foods is comprised of 2 specialty Ingredients businesses, AB Mauri (UK) and ABF Ingredients (UK). The company operates its ingredient business through its global subsidiaries, namely ABF Ingredients (UK). A specialty ingredient, and value-added products to the food, nutrition, pharmaceutical and animal feed industrial sectors. Under ABF Ingredients, there are 6 group of ingredients company, namely, AB Enzymes (Germany), ABITEC (US), Fytexia Group (France), Ohly (Germany), PGP International (US) and SPI Pharma (US). AB Mauri is a yeast and bakery ingredients business with significant market positions in the Americas, Europe, and Asia. AB Mauri supplying bakery ingredients, bread improvers, dough conditioners and bakery mixes to industries across the globe. AB Mauri has over 52 plants, operations in 32 countries and sales in over 100 countries.

Arla Foods is a global dairy cooperative was owned by dairy farmers in 6 countries of Europe. The company’s business is segmented into 2- Arla Dairy & Dairy Products and Arla Foods Ingredients. Arla Foods Ingredients is a manufacturer of milk-based ingredients, bioactive phospholipids, minerals, permeate, and lactose for nutrition, baking, dairy and medical applications which are derived from whey. The ingredients distributed by the company are Alpha-lactalbumin, Casein glycomacropeptide, Osteopontin, Phospholipids & MFGM, Whey protein concentrate, Whey protein isolate, Whey protein hydrolysates, Lactose, Milk minerals and Permeate. Arla Foods Ingredients markets its products under Lacprodan, Capolac, Nutrilac, Variolac and Peptigen brands. These ingredients promote nutrition, improve texture, prolong freshness, and increase yield for industrial food products. The company has its presence in Central Europe, the Middle East & Africa, North America, Latin & South America, and Asia Pacific.

DSM is a global science-based company operating in the health, nutrition, and materials business. The company segments its business in products, customized solutions, and expert services. The product range offered by the company Active pharmaceutical ingredients, Carotenoids, Digestive enzymes, Human milk oligosaccharides, Hydrocolloids, Nutraceuticals, Nutritional lipids, Probiotics and prebiotics, Vitamins, and cannabinoid solution ingredients. It offers products like eubiotics and feed additives for animal and farming solutions. The company helps their clients of customized solutions like nutraceutical solutions, Market-ready solutions, Personalized nutrition solutions, Premix solutions and Shelf-life solutions. The company also has a business segment dealing with services like Application and technical services, Innovation and R&D services, Insights and marketing services, Regulatory and quality services, and Scientific services for their client base. The company has its presence in regions like Europe, Africa, the Americas, Asia, and Australia. Alongside with its strong global presence, the company has its innovation centers in US, Netherlands, and Singapore to connect with their loyal customer base.

Ingredion is a global ingredients solution provider for industries Like Food, Beverage, Animal Nutrition, Beauty & Homecare, Paper & Corrugation, And Biomaterial. The ingredients category offered by the company are Encapsulants and Emulsifiers, Extracts, Fibers, fruits & vegetables products, functional native starch, modified starch, Flours, Gums and Hydrocolloids, nutritive sweeteners, nonnutritive sweeteners, Plant Protein Ingredients, Starches And Sweeteners. The company transforms corn, tapioca, potatoes, plant-based stevia, grains, fruits, gums, and vegetables into value-added ingredients for the food, beverage, brewing and other industries. The company’s business is divided into several segments: food, beverages, animal nutrition, brewing, and others. The nutraceutical products come under food, beverage, and animal nutrition segment. The company sells its products in over 120 countries with presence in regions such as North America, South America, Asia Pacific, Europe, and the Middle East. Some of its major subsidiaries are National Starch Food Innovation (US), Pure Circle Limited (UK), Verdient Foods, Inc (Canada), and Perford Corporation (US).

Tate & Lyle is an ingredient solutions provider for food and beverages industries. The company have over 100 years of expertise in of ingredient innovation and technology. The company product portfolio is mainly segmented as Sweeteners, Texturants, Stabilizer and Health & Wellness ingredient solutions for beverages, dairy, bakery, soups, sauces, and dressings. The company source and manufacture their ingredients from agricultural crops, mainly corn. Partner and sell their sweetness, texture, fiber enrichment and stabilization around the world. The company expanded its global presence by acquiring new facilities. It also focuses on the geographical expansion of production facilities and sales centers in countries across the world. It has over 30 plants, lab facilities in 30 different countries across The Americas, Europe, Middle East Asia, and Asia Pacific region.

Related Reports:

Nutraceutical Ingredients Market by Type (Probiotics, Proteins, Amino Acids, Phytochemicals & Plant Extracts, Fibers & Specialty Carbohydrates), Application (Food, Beverages, Animal Nutrition, Dietary Supplements), Form & Region - Global Forecast to 2027

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Nutraceutical Ingredients Market Size,  Share & Growth Report
Report Code
FB 2211
RI Published ON
11/8/2022
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+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
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status