Nutraceutical Ingredients Market size to increase by USD 11.16 billion from 2022 to 2027- Technavio

NEW YORK, Nov. 3, 2023 /PRNewswire/ — The nutraceutical ingredients market size is expected to grow by USD 11.16 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 4.48% during the forecast period, according to Technavio. The health benefits of nutraceutical ingredients are notably driving the nutraceutical ingredients market. However, factors such as stringent regulations pertaining to food safety may impede market growth. The market is segmented by application (functional food and beverage, dietary supplements, and others), form factor (dry and liquid), and geography (APAC, Europe, North America, South America, Middle East and Africa). The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Sample Report.

We provide a detailed analysis of 20 companies operating in the nutraceutical ingredients market including Advanced Orthomolecular Research Inc., Ajinomoto Co. Inc., Amway Corp., Archer Daniels Midland Co., Arla Foods amba, Associated British Foods Plc, BASF SE, Cargill Inc., Danone SA, DuPont de Nemours Inc., EID Parry India Ltd., General Mills Inc., Herbalife International of America Inc., Koninklijke DSM NV, Natrol LLC, Nestle SA, Reckitt Benckiser Group Plc, Tate and Lyle Plc, The Lubrizol Corp., and Valensa International.

Nutraceutical Ingredients Market 2023-2027: Company Analysis

Ajinomoto Co. Inc: The company offers an amino L40 health supplement which is designed to support muscle recovery and promote healthy muscles.

This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information

Nutraceutical Ingredients Market 2023-2027: Segmentation

Application
The market share growth by the functional food and beverage segment is significant during the forecast period. There is an increasing adoption of Nutraceutical ingredients across various functional foods and beverages typically including ingredients that are consumed as part of the normal diet.

Geography

APAC is estimated to account for 32% of the growth of the global market during the forecast period. One of the main factors which are signficantly contributing to the growth of the market in APAC is the increasing demand for herbal ingredients, especially in countries such as China and India, where consumers associate herbal ingredients with essential nutrients and health benefits. In addition, the significant economic development and population growth is positively impacting the market growth in the region. Hence, such factors are driving the market growth in APAC during the forecast period.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report

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Nutraceutical Ingredients Market Scope
Report Coverage	Details
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 4.48%
Market growth 2023-2027	USD 11.16 billion
Market structure	Fragmented
YoY growth 2022-2023 (%)	3.36
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 32%
Key countries	US, China, Japan, Germany, and France
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Advanced Orthomolecular Research Inc., Ajinomoto Co. Inc., Amway Corp., Archer Daniels Midland Co., Arla Foods amba, Associated British Foods Plc, BASF SE, Cargill Inc., Danone SA, DuPont de Nemours Inc., EID Parry India Ltd., General Mills Inc., Herbalife International of America Inc., Koninklijke DSM NV, Natrol LLC, Nestle SA, Reckitt Benckiser Group Plc, Tate and Lyle Plc, The Lubrizol Corp., and Valensa International
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Application

Market Segmentation by Form Factor

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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