n recent times, the use of nutraceutical ingredients in the food and beverage sector along with animal feedstuff has been increasing which will lead to the growth of the global nutraceutical ingredient market according to a business intelligence report published by IndustryARC. As per the report, the Nutraceutical ingredient market size was worth $31.4 billion in 2018 and the demand is projected to grow at an impressive compound annual growth rate (CAGR) of 6.80% during the forecast period of 2019 to 2025.This resonates the finding in the IndustryARC’s business intelligence report titled “[URL=https://industryarc.com/PressRelease/979/Nutraceutical-Ingredients-Market-Research.html]Nutraceutical Ingredients Market[/URL]: By Type (Prebiotics, Probiotics, Vitamin Minerals); By Application (Functional Foods & Beverages, Dietary Supplements); By Form (Liquid, Powder); By Geography - Forecast (2019 - 2025),”
Global Nutraceutical Ingredients Market: Leading Segments
APAC led the global nutraceutical ingredient market by contributing the maximum regional share of 37% in 2018. The market revenue generated is increasing due to the growing urbanization, population, and increasing disposable income in developing economies such as China and India.
Out of all, dietary supplement in the nutraceutical ingredient market is anticipated to witness healthy growth which is projected to propel at a standard CAGR of 6.80% during the forecast period.
View Full Table Of Content Of Nutraceutical Ingredients Market
[URL]https://www.industryarc.com/Report/7439/nutraceutical-ingredients-market-analysis.html[/URL]
Global Nutraceutical Ingredients Market: Market Trends and Growth Drivers
Water-Soluble Nutraceuticals: The world is changing so rapidly that the companies are now focusing on looking for water-soluble nutraceutical versions of ingredients into the food and beverage sector; stick packs and sachets for immediate consumption.
Botanical Veggies and Fruits Drinks: The companies are putting in efforts to manufacture botanical vegetable and fruit drinks. Mid-size companies like Lapovo from Japan and HealthLink from Croatia have already started to produce and look for distributors in their market.
Nutrition for Beauty: Consumers want more innovation and scientifically based products for themselves.
Gut Wellness: The market is also targeting to manage the microbiota, how it can have a positive impact on wellbeing.
Nutraceutical Ingredients with Flavors: New technology and innovation are getting the taste better for functional food. They are working on introducing more flavors with nutritional goodness, hence this will have a very positive impact on the nutraceutical ingredient market.
Global Nutraceutical Ingredient Market: Competitive Landscape
Some of the key companies identified in the report that are currently holding majority shares in the global nutraceutical ingredient market are Cargill, Incorporated, BASF SE, The Archer Daniels Midland Company, Associated British Foods plc, DowDuPont Inc., Arla Foods amba, Ingredion Incorporated, and Koninklijke DSM N.V.
About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare