Nutraceutical Ingredients Market By Ingredients (Prebiotics, Probiotics, Protein And Amino Acids, Vitamins, Minerals, PUFA/Specialized Lipids, Phytochemicals Or Botanical Extracts, Specialized Carbohydrates And Fibers, Carotenoids And Antioxidants), By Application (Functional Foods And Beverages, Dietary Supplements, Personal Care), By Therapeutic Area - Growth, Share, Opportunities & Competitive Analysis, 2017 – 2025

Nutraceutical is a combined term for nutrition and pharmaceutical products that claim to exhibit immense health benefits. The bioactive components of nutraceuticals, which have additive nutritional value to human health, have sparked significant interest in them. The increasing economies of developing nations and countries with emerging economies are expected to expand the nutraceuticals industry.

Chronic diseases resulting from changing lifestyle patterns, stress, and an unhealthy diet have a huge impact on human health, which has created a need for additional dietary supplements and led to the growth of the nutraceutical ingredients market. Cardiovascular diseases caused more than 54 million deaths in 2013. Obesity is a global issue, followed by cancer, arthritis, and other chronic diseases. Expensive treatments for such diseases have led to consumers looking for alternative approaches, which is directly driving the nutraceutical ingredients market.

The nutraceutical ingredients market is emerging with strong growth potential due to extensive research studies and the market penetration of innovative products with multiple benefits. However, meeting the regulatory guidelines for product approval may sometimes hamper the growth of the market for nutraceutical ingredients. The cost of product development raises product prices, affecting the market growth.

The purpose of this research study titled "Nutraceutical Ingredients Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" is to provide investors, developers, company executives, and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global nutraceutical ingredients market. This report presents and analyses the major trends prevalent in the global market for nutraceutical ingredients, as well as the market's size and forecast. Global health concerns, increasing research expenditure, product innovation, and huge demand strongly boost the growth of the nutraceutical ingredients market.

This report contains an overview of the global nutraceutical ingredients market in terms of ingredient type, type of application, type of therapeutic area, and geographical distribution. Based on the type of ingredients, the global nutraceutical ingredients market is categorized as prebiotics, probiotics, proteins, and amino acids, vitamins, minerals, PUFA/specialized lipids, phytochemicals or botanical extracts, specialized carbohydrates and fibers, carotenoids and antioxidants, others.

The nutraceutical ingredients market is also classified on the basis of applications such as functional foods and beverages, dietary supplements, personal care, and others. Depending on the therapeutic areas where nutraceutical ingredients are being deployed as a preventive measure, the market is classified as digestive health, cardiovascular health, bone and joint health, cognitive health, weight management, immunity, nutrition, and others. The market size and forecast for each mentioned segment for the period 2015–2025 are presented in the report, along with respective CAGRs for the forecast duration of 2017–2025.

Geographically, the nutraceutical ingredients market is segmented into five major regions and chief region-level markets as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

The market size and forecast for each considered geographical market are presented for the period 2015-2025, as well as CAGRs for the forecast period 2017-2025, and are further cross-sectional presented in terms of type of ingredients, types of applications, types of therapeutic areas, and constituent region/country level markets.

This report also includes qualitative evaluating factors such as market dynamics (drivers, restraints, and opportunities) to gain an understanding of current and predicted global nutraceutical ingredient market trends. A detailed explanation of competition assessment tools like major agreements, partnerships, and collaborations, market attractiveness assessment, and competitive landscape analysis by major players is mentioned in the study. Furthermore, this report includes a profile of major market players currently enjoying a distinguishing position in the nutraceutical ingredients market. The major players profiled in this report are Archer Daniels Midland Company, DuPont, BASF SE, Cargill, Inc., Tate & Lyle, Ajinomoto Co., Inc., Ingredion, Inc., Arla Foods, Inc., and other notable players.

The nutraceutical ingredients market is categorized on the basis of ingredient types such as:

  • Prebiotics
  • Probiotics
  • Proteins and amino acids
  • Vitamins
  • Minerals
  • PUFA/Specialized Lipids
  • Botanical extracts or phytochemicals
  • Specialized Carbohydrates and Fibers
  • Carotenoids and antioxidants
  • Others

Growing consumer demand for proteins, amino acids, and fibers fuels the growth of the nutraceutical ingredients market owing to their immense nutritional value. Extensive health benefits and growing public health awareness also play a crucial role in boosting consistent growth in the nutraceutical ingredients market. Algal protein is predicted to witness major growth in the forecast period as a result of its huge nutritive value. Inadequate amounts of vitamins, minerals, and lipids in the daily diet urge the necessity of taking supplements for compensation.

This factor largely drives the nutraceutical ingredients market across the globe in terms of improving health. The global demand for PUFA or specialized lipids is on the rise due to their specific cardiovascular and ophthalmic benefits. Online sales of vitamins, minerals, and other supplements also contribute to robust growth in this industry and are anticipated to propel higher growth in the future. Prebiotics and probiotics are expected to grow rapidly due to rising interest in improved gut health, weight management, increased preference for dairy products, and increased concern for infant health.

Based on applications, the nutraceutical ingredients market is categorized as follows:

  • Functional foods and beverages
  • Dietary Supplements
  • Personal Care
  • Others

Functional foods and beverages play a crucial role in terms of bettering health by conveniently supplying healthy components other than the basic nutrients of the food. Functional foods and beverages are, in general, not required by the body; however, they provide healthy nutrients that boost the immune system. The dietary supplements segment is predicted to generate the most revenue due to its usage in pharmaceutical form as well.

The growth opportunity of the nutraceutical ingredients market is supported by consumer inclination towards branded dietary supplements that provide nutritional additives for health improvement and wellness. Rapid changes in lifestyle leading to compromised dietary habits resulting in life-threatening ailments have consequently raised health concerns among the masses, which would lead to an increase in demand for nutraceutical ingredients. Heightened demand for organic baby care products and personal care products offering several benefits would further drive the global nutraceutical ingredients market during the forecast period.

The global nutraceutical ingredients market is classified on the basis of the following therapeutic areas:

  • Digestive Health
  • Cardiovascular Health
  • Bone and joint
  • Cognitive Health
  • Weight Management
  • Immunity
  • Nutrition
  • Others

Digestive health has a massive impact on the global rise of the nutraceutical ingredients market, with growing demand for prebiotics and probiotics. In the U.S., around 70 million individuals are suffering from digestive issues, and rising concern among the public regarding the improvement of gut health is driving the market. Cardiovascular disease is the leading cause of death worldwide; hence, the prevention measure utilizing nutraceutical ingredients, mainly specialized lipids and plant sterols, in order to lower cholesterol levels has played a significant role in the growth of the nutraceutical ingredient market.

According to the World Health Organization's (WHO) estimation (2016), approximately 1.9 billion people are overweight around the world, of which 650 million are obese. If the current trend continues through the upcoming years, it is expected that by 2025, over 1 billion individuals will be suffering from obesity. This increasing trend of obesity raises public concern for their health, which would drive the nutraceutical ingredients market. Sedentism has a negative impact on the body, causing stress, an increased risk of chronic diseases, and a weakened immune system. Nutraceutical health supplements provide necessary health benefits by boosting immune systems, resulting in rising demand for such products and thus driving the global nutraceutical ingredients market.

Geographically, the global nutraceutical ingredients market is cumulative for North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Asia Pacific was the dominant region for the global nutraceutical ingredients market, led by China and India, on account of their large population pools and increasing health awareness. This region is expected to witness lucrative growth in the upcoming years due to proliferating distribution channels and R&D activities. According to a study published by the World Health Organization (WHO), 60% of global deaths are caused by chronic diseases; this rising prevalence of chronic diseases in economically developing nations has created a paradigm shift towards general health awareness and driven the global nutraceutical ingredients market.

The idea of an improved healthy lifestyle, increasing health concerns, the globally rising prevalence of chronic disease, and a growing geriatric population have created interest among the public and consequently boosted the nutraceutical ingredients market. Furthermore, the development of innovative products with advanced technology and the huge demand for such products among consumers drive the North American and European nutraceutical ingredients markets. However, regulatory bodies have a significant impact on novel product innovation and growth. The nutraceutical ingredients market in Latin America, the Middle East, and Africa is still in a nascent state and is expected to grow further in the forecast period.

The detailed regional classification of the global nutraceutical ingredients market is as follows:

  • North America (U.S. and Canada)
  • Europe (Germany, U.K., and the Rest of Europe)
  • Asia Pacific (China, India, Japan, and the Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and the Rest of Latin America)
  • Middle East and Africa (GCC plus the rest of the Middle East and Africa) 

Frequently Asked Question:

The market for Nutraceutical Ingredients Market is expected to reach USD$ 49.6 Bn in 2025.

The Nutraceutical Ingredients Market is expected to see significant CAGR growth over the coming years, at 7.6%.

The report is forecasted to 2017-2025.

The base year of this report is 2016.

Archer Daniels Midland Company, DuPont, BASF SE, Cargill, Inc., Tate & Lyle, Ajinomoto Co., Inc., Ingredion, Inc., Arla Foods, Inc. are some of the major players in the global market.

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Published Date:  Nov 2017
Category:  Pharmaceuticals
Report ID:   58806
Report Format:   PDF
Pages:   120
Rating:    4.8 (80)
Delivery Time: 24 Hours to 48 Hours   
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