Nutraceutical Ingredients are the chemical, natural bioactive compounds that possess disease preventing, health promoting and medicinal properties. These fundamental elements are needed for various health purposes such preventing chronic diseases that may occur to a human due to nutrition deficiency in the body. There is high scope for the Nutraceutical Ingredients Market in various regions across the globe during 2015-2020.
Scope and Regional Forecast of the Nutraceutical Ingredients Market:
According to the IndustryARC research analysis studies on the Nutraceutical Ingredients Market, it is estimated to grow at a CAGR of 6.8% during 2015-2020 across the globe. The dietary supplements segment holds the major share of revenue. The functional food and beverages is anticipated to grow at a faster pace compared to the others.
North America is the leading consumer of the Nutraceutical Ingredients Market during 2015-2020. It is closely followed by Europe. The high standards of living in these regions and the awareness of benefits of nutraceutical products and nutraceutical supplements are driving the demand in North America and Europe.
Asia Pacific is the largest region and it has high scope of growth in the Nutraceutical Ingredients Market due to the availability of resources and population in this region. This market is expanding due to the emerging nutraceutical packaging and nutraceutics, dynamic food trends in nutraceutical companies and Nutraceutical Corporation during 2015-2020.
Segmentation and Key Players of the Nutraceutical Ingredients Market:
The Nutraceutical Ingredients Market is segmented into various categories in the IndustryARC marketing research report by type, by application and by geography.
1. By type: Amino Acids, peptides and proteins, Carotenoids, Polyphenols and flavonoids, Probiotics & Probiotics, Specialty carbohydrates and fibers, Omega-3 Fatty Acids, Vitamins & Minerals and others
2. By application: Functional Food & Beverage, Dietary Supplements, Animal Nutrition, Personal Care and others
3. By geography: North America, South America, Europe, Asia Pacific and ROW
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The key players in the Nutraceutical Ingredients Market according to the IndustryARC research report are as follows:
· Cargill.INC (U.S.)
· ADM (U.S.) EI DuPont (U.S.)
· Royal DSM (The Netherlands)
· Ajinomoto (Japan)
· Tata & Lyle (U.K.)
The Nutraceutical Ingredients Market is a high potential market with high scope of use of functional foods and nutraceuticals in various types of food and beverage industries across the globe. This market is expected to witness high growth in various regions due to the increase in awareness among people about functional foods ingredients, nutraceutical ingredients and nutraceutical products benefits during 2015-2020.
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