Bioactive Ingredient Market By Glorious Opportunities, Business Growth, Size, And Statistics Forecasts Up To 2032
According to Future Market Insights (FMI), the overall sales of bioactive ingredient are estimated to reach a value of US$ 38.2 Bn by 2022, surging at 3.8% CAGR over the forecast period (2022-2032). Growing consumption of natural food ingredients and healthy food products is expected to boost the growth in bioactive ingredient market. Health benefits associated with natural products are the key drivers boosting the demand for bioactive ingredients.
Dietary supplements are preferred by customers as they are
made with natural components that improve health and wellness. As a result of
the increased demand for natural-based ingredients, adoption of bioactive
compounds is expected to surge in diverse range of food products.
Further, growing focus on food safety issues has raised
awareness for transparency and traceability. Hence, key players such as such as
Cargill, Incorporated, CP Kelco, Ingredients AG, and Ingredion Incorporated are
providing labeled products to capitalize on growing clean label trends.
Subsequently, increasing use of macronutrients including
fibers, carbs, proteins, and fats in various ready-to-mix & eat products is
driving the demand in the market. On the back of these factors, the bioactive
ingredient market is projected to surpass US$ 55.4 Bn by the end of 2032.
Key takeaways from market study
- Based
on product type, the antioxidants segment is expected to witness highest
growth over the forecast period (2022-2032).
- North
America bioactive ingredient market is expected to witness a lucrative
growth rate of 6.8% CAGR during the assessment period.
- East
Asia is anticipated to account for 17.8% in the global bioactive
ingredient market through 2032.
- Based
on application, functional food & beverages is anticipated to account
for around 25.6% of the market share over the forecast period.
“Key bioactive ingredient producers are actively
exploring the applications through various research institutions, public
research universities, and crop institutes across the globe. Also, increased
demand for packaged and healthy food products is propelling the demand in the
market.” says a lead analyst at Future Market Insights.
Competitive landscape
The global bioactive ingredient market is expected to be
consolidated. Key players in the market are focusing on expansion of their
product line to strengthen their foothold in the industry. Expansion in
emerging economies such as India and China is a key strategy adopted by leading
players to increase their revenue.
Some of the key players operating in the bioactive
ingredient market are Dupont, Royal DSM, Cargill Inc., Archer Daniels
Midland, BASF, Koninklijke DSM N.V., AJINOMOTO CO., INC, Arla Foods, FMC
Corporation, Ingredion Incorporated, Roquette Frères S.A., Kerry Inc, Total
Nutrition, Inc, Danone SA, Nestlé SA Valio Limited i-Health, Inc. and
others
Get More Valuable Insights
Future Market Insights, in its new offering, provides an
unbiased analysis of Bioactive Ingredient presenting historical demand data
(2017-2021) and forecast statistics for the period from 2022-2032.
Bioactive Ingredient Market by Category
By Product Type:
- Probiotics
And Prebiotics
- Amino
Acids
- Omega
3 Lipids
- Peptides
& Proteins
- Minerals
& Vitamins
- Carotenoids
And Antioxidants
- Phytochemicals
& Plant Extracts
- Fibers
& Specialty Carbohydrates
By Application:
- Functional
Food & Beverages
- Dietary
Supplements
- Personal
and Beauty Care
- Pharmaceutical
- Animal
Nutrition
By Distribution Channel:
- B2B
- B2C
- Hypermarket/Supermarket
- Specialty
Stores
- Online
Retail Store
- Pharmacy
Stores Online Retailers
By Region:
- North
America
- Latin
America
- Europe
- East
Asia
- South
Asia
- Oceania
- Middle
East & Africa
About Food & Beverage Division at Future Market
Insights
The Food & Beverage team at Future Market Insights
provides all the necessary insights and consulting analysis to fulfill the
unique business intelligence needs of clients worldwide. With a catalog of more
than 500 reports about the latest statistics and analysis from the food &
beverage industry, the team is happy to help with every business intelligence
research and consulting requirement.
For More Information
Visit@ https://www.futuremarketinsights.com/reports/bioactive-ingredient-market
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