Active Nutraceuticals Ingredients Market by Type (Carotenoids, Fibers & Specialty Carbohydrates, Minerals), Form (Dry, Liquid), Health Benefit, Application, Distribution Channel - Global Forecast 2024-2030

Active Nutraceuticals Ingredients Market by Type (Carotenoids, Fibers & Specialty Carbohydrates, Minerals), Form (Dry, Liquid), Health Benefit, Application, Distribution Channel - Global Forecast 2024-2030

The Active Nutraceuticals Ingredients Market size was estimated at USD 227.34 billion in 2023 and expected to reach USD 245.41 billion in 2024, at a CAGR 8.11% to reach USD 392.58 billion by 2030.

The active nutraceutical ingredients are used in the formulation of nutraceutical products aimed at improving health, preventing chronic diseases, and enhancing life expectancy. Growing awareness related to health and well-being is leading individuals to seek products that can offer additional nutritional benefits. Innovations in extraction and processing technologies have made it easier and more cost-effective to isolate and incorporate these active ingredients into various products. Government policies and regulations supporting the safe use of these ingredients have bolstered market growth. However, diverse and stringent regulations across different regions can complicate market entry and expansion. The surge in the need for clinical trials to substantiate health claims can be time-consuming and costly, challenging the market growth. Moreover, advances in genomics and biotechnology enable personalized nutrition solutions, tailoring products to individual health needs and preferences. The surge in vegetarianism and veganism opens up new avenues for plant-based nutraceuticals, appealing to a broader demographic.

Regional Insights

The active nutraceutical ingredients market in the Americas, particularly the United States and Canada, is characterized by a high demand for dietary supplements and functional foods, driven by a focus on fitness and preventive healthcare. The demand extends beyond basic nutrition, with a significant trend toward plant-based and organic ingredients, driving the market growth in the region. European Union (EU) countries exhibit a strong demand for nutraceuticals, underpinned by an aging population and a regulatory environment that supports innovation while ensuring consumer safety. The Middle East countries are experiencing burgeoning interest in wellness and health supplements, propelled by urbanization and increased healthcare expenditure. The Asia-Pacific region is experiencing rapid growth in the active nutraceutical ingredients market, driven by increasing disposable incomes, rising health awareness and growing aging population seeking therapeutic foods to manage chronic conditions. Traditional Chinese Medicine (TCM), which aligns with nutraceutical principles, is gaining global traction, encouraging the incorporation of TCM ingredients in functional foods globally. Japan prioritizes preventive healthcare and anti-aging products, making it a significant market for nutraceuticals. India is witnessing a surge in demand due to growing urbanization and a shift toward preventive healthcare against the backdrop of rising non-communicable diseases.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Active Nutraceuticals Ingredients Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Growing awareness related to health and well-being
    • Ongoing innovations in extraction and processing technologies
    • Market Restraints
      • Product development complexities along with adulteration issues in active nutraceutical ingredients
      • Market Opportunities
        • Development of novel products using active nutraceutical ingredients
        • Surging preference for plant-based nutraceutical ingredients
        • Market Challenges
          • Time-consuming clinical trials to substantiate health claims and strict government approval procedures
          • Market Segmentation Analysis
            • Type: Advancements in nutraceuticals in the form of antioxidant-rich carotenoids to probiotics
            • Form: Enhanced use of dry form ingredients owing to its stability and shelf-life
            • Health Benefit: Exponential use of active nutraceutical ingredients for building nutrition and immunity
            • Application: Diverse applications of nutraceuticals in animal nutrition, dietary supplements, and personal care
            • Distribution Channel: Wide availability of active nutraceutical ingredients through online distribution channels
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Active Nutraceuticals Ingredients Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Active Nutraceuticals Ingredients Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Innovation in Lactoferrin Production: A Collaboration between Triplebar Bio and FrieslandCampina Ingredients
              
              Triplebar Bio Inc., a player in sustainable food production biotechnology, together with its strategic ally, FrieslandCampina Ingredients, achieved a significant advancement in the production of lactoferrin. By employing precision fermentation technology, this partnership aims to increase production capacities to cater to the burgeoning global demand for this key ingredient. This collaborative effort underlines the commitment of both entities to leverage precision fermentation as a viable, nutritious, and environmentally friendly protein source, marking a pivotal step toward meeting the nutritional needs of the future in a sustainable manner.
              
              NutriLeads Secures Euro 4.5 Million(USD 4.96 million) for Pioneering BeniCaros Prebiotic Fiber Expansion
              
              NutriLeads BV completed a Series C funding round, raising USD 4.96 million to accelerate the commercialization of BeniCaros. This innovative prebiotic fiber, derived from upcycled carrot pomace, is aimed at enhancing immune and gut health across all age groups. The investment round aims to empower NutriLeads to penetrate new consumer segments and geographical markets while establishing a global presence for BeniCaros.
              
              Enhancing Cognitive Health: Balchem's Strategic Expansion of VitaCholine Production
              
              Balchem has undertaken a major expansion of its VitaCholine production facilities in the United States. The initiative aims to bolster output by 50% through a facility enlargement of approximately 2,230 square meters and the integration of advanced machinery and equipment. This expansion is poised to address the increasing consumer interest in choline, underscoring the nutrient's importance in cognitive functions across all life stages, from prenatal development to adult cognitive performance.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Active Nutraceuticals Ingredients Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Active Nutraceuticals Ingredients Market, highlighting leading vendors and their innovative profiles. These include Ajinomoto Co., Inc., Archer-Daniels-Midland Company, Arla Foods amba, Associated British Foods PLC, Balchem Corporation, Barrington Chemical Corporation, BASF SE, BI Nutraceuticals, Inc. by MB Holding GmbH & Co. KG, Biovedic Nutraceutical, Cargill, Incorporated, ChromaDex Corporation, Corbion NV, Divi's Laboratories Limited, DuPont de Nemours, Inc., Evonik Industries AG, Fonterra Co-operative Group Limited, Glanbia PLC, Indena S.p.A., Kerry Group PLC, Koninklijke DSM N.V., Kyowa Kirin Co., Ltd., Lonza Group AG, Novozymes A/S by Novonesis Group, Tate & Lyle PLC, and The Lubrizol Corporation.
            
            Market Segmentation & Coverage
            
            This research report categorizes the Active Nutraceuticals Ingredients Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Type
              • Carotenoids
              • Fibers & Specialty Carbohydrates
              • Minerals
              • Omega-3 Fatty Acids
              • Phytochemical & Plant Extracts
              • Proteins & Amino Acids
              • Vitamins
              • Form
                • Dry
                • Liquid
                • Health Benefit
                  • Bone Health
                  • Gut Health
                  • Heart Health
                  • Immunity
                  • Nutrition
                  • Weight Management
                  • Application
                    • Animal Nutrition
                    • Dietary Supplements
                    • Functional Beverages
                    • Functional Food
                    • Distribution Channel
                      • Offline
                      • Online
                      • Region
                        • Americas
                          • Argentina
                          • Brazil
                          • Canada
                          • Mexico
                          • United States
                            • California
                            • Florida
                            • Illinois
                            • New York
                            • Ohio
                            • Pennsylvania
                            • Texas
                            • Asia-Pacific
                              • Australia
                              • China
                              • India
                              • Indonesia
                              • Japan
                              • Malaysia
                              • Philippines
                              • Singapore
                              • South Korea
                              • Taiwan
                              • Thailand
                              • Vietnam
                              • Europe, Middle East & Africa
                                • Denmark
                                • Egypt
                                • Finland
                                • France
                                • Germany
                                • Israel
                                • Italy
                                • Netherlands
                                • Nigeria
                                • Norway
                                • Poland
                                • Qatar
                                • Russia
                                • Saudi Arabia
                                • South Africa
                                • Spain
                                • Sweden
                                • Switzerland
                                • Turkey
                                • United Arab Emirates
                                • United Kingdom
                                
                                
                                Please Note: PDF & Excel + Online Access - 1 Year