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. Considerable interest for nutraceuticals grew due to the bioactive components of nutraceuticals that have additive nutritional value to human health. Increasing economies of developing nations along with countries with emerging economies is expected to expand the nutraceuticals industry.

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

The nutraceutical ingredients market is emerging with strong growth potential due to extensive research studies, market penetration of innovative products with multiple benefits. However, meeting the regulatory guidelines for product approval may sometimes hamper the growth of nutraceutical ingredients market. Cost of product development in turn increases the product price, which affects 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 analyzes the major trends prevalent in the global nutraceutical ingredients market and the market size and forecast. Global health concerns, increasing research expenditure, product innovation and huge demand strongly boost the growth of nutraceutical ingredients market.

This report contains the global nutraceutical ingredients market in terms of ingredient type, type of applications, type of therapeutic areas 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 and others.

The nutraceutical ingredients market is also classified on the basis of applications 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, cognitive health, weight management, immunity, nutrition and others. Market size and forecast for each mentioned segment for the period 2015-2025 is presented in the report along with respective CAGRs for the forecast duration 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
  • U.K.
  • Germany
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC
  • Rest of Middle East and Africa
  •  

The market size and forecast of each considered geographical market is presented for the period 2015-2025 along with CAGRs for the forecast period 2017-2025 in this study and are further cross-sectional presented in terms of type of ingredients, types of applications, type 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 the current and predicted global market trends of nutraceutical ingredients. Detailed explanation of competition assessment tools like major agreements, partnerships and collaborations, market attractiveness assessment and competitive landscape analysis by major players are mentioned in the study. Furthermore, this report includes profiling of major market players currently enjoying distinguishing position in the nutraceutical ingredients market. The major players profiled in this report are Archer Daniels Midland Company, DuPont, BASF SE, Cargill, Incorporated, Tate & Lyle, Ajinomoto Co., Inc., Ingredion Incorporated, Arla Foods amba and other notable players.

The global nutraceutical ingredients market is classified on the basis of 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 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 public regarding improvement of gut health is driving the market. Cardiovascular disease is the leading cause of death worldwide; hence the prevention measure utilizing nutraceutical ingredient mainly specialized lipids, and plant sterols in order to lower cholesterol levels, has a significant role in the growth of nutraceutical ingredient market. 

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

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

The idea of improved healthy lifestyle, increasing health concerns, globally rising prevalence of chronic disease, and growing geriatric population have created interest among public and consequently boost the nutraceutical ingredients market. Furthermore, development of innovative products with advanced technology and huge demand of such products among consumers drive North America and European nutraceutical ingredients market. However, the regulatory bodies have huge impact on novel product innovation and their growth. The nutraceutical ingredients market in Latin America and Middle East and Africa are still in a nascent state and expected to grow further in 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 Rest of Europe)
• Asia Pacific (China, India, Japan and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and Rest of Latin America)
• Middle East and Africa (GCC and Rest of Middle East and Africa)