Nutraceutical Ingredients Market by Form (Dry, Liquid), Health Benefits (Bone Health, Cognitive Performance, Gut Health), Type, Application - Global Forecast 2024-2030

Nutraceutical Ingredients Market by Form (Dry, Liquid), Health Benefits (Bone Health, Cognitive Performance, Gut Health), Type, Application - Global Forecast 2024-2030

The Nutraceutical Ingredients Market size was estimated at USD 209.79 billion in 2023 and expected to reach USD 227.81 billion in 2024, at a CAGR 8.78% to reach USD 378.21 billion by 2030.

The nutraceutical ingredients market sells and distributes natural bioactive compounds with health-promoting, disease-preventing, and medicinal properties. These ingredients are isolated or purified from foods and sold in medicinal forms not usually associated with food. Nutraceutical ingredients include dietary supplements, functional foods, and medicinal foods that offer health benefits beyond basic nutrition. Several factors have driven the growth, mainly due to increased consumer health consciousness and a growing aging population seeking preventative healthcare measures. The rise in the prevalence of chronic diseases has led to a demand for nutritionally enriched foods.

Regional Insights

The nutraceutical ingredients market in the Americas is characterized by a high demand for wellness products driven by a growing health-conscious population and increased knowledge about the link between diet and health. The United States is witnessing strong growth in the plant-based and organic segments. There is a regulatory emphasis by the FDA on clean labeling, which affects ingredient transparency and the supply chain. South America is witnessing a rise in local innovation, with Brazil leading in the region for functional and fortified foods. The market for nutraceutical ingredients in Europe is mature, with a strong regulatory framework set by the European Food Safety Authority (EFSA) emphasizing safety and efficacy. The Middle East is experiencing growth buoyed by rising incomes and an increasing propensity toward healthy lifestyles, especially in Gulf Cooperation Council (GCC) countries. Africa is an emerging market with untapped potential, however, challenges like regulatory diversity and economic disparity across nations affect market coherence. The Asia-Pacific region is the fastest-growing and potentially the largest market for nutraceutical ingredients due to a burgeoning middle class and increased spending power. Countries like China, Japan, and India are leading the way with their high demand for dietary supplements and functional foods. The regulatory environment is varied across the region, with stringent regulations in some countries like Japan and more relaxed frameworks in others. Due to established manufacturing infrastructures, APAC also provides a competitive landscape in terms of production and costs.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Nutraceutical 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
    • Increased Life Expectancy and Health Consciousness Among Consumers
    • Need of Nutraceutical Products for Wellbeing of Chronic Disease Patients
    • Diverse Applications in Sports Nutrition and Cosmeceutical
    • Market Restraints
      • Low Awareness about Nutraceuticals and Higher Cost of Fortified and Rich-ingredient Products
      • Market Opportunities
        • Emergence of Advancements and Innovation in the Products
        • Government Initiative to Promote Healthy Diets
        • Market Challenges
          • High R&D Cost of Nutraceutical Ingredients
          • Varying Regulatory Standards Across Different Countries
          • Market Segmentation Analysis
            • Form: Demand for dry form nutraceutical ingredients due to longer shelf life
            • Application: Employment across dietary supplements for development of personalized nutrition
            • 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 Nutraceutical 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 Nutraceutical 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
            • Roquette Launches Three Moisture-Protecting Ingredients for Nutraceuticals at CPhI Barcelona
              
              During the CPhI conference in Barcelona, Roquette introduced lycatab CT-LM, a partially pregelatinized starch, alongside two variants of microcrystalline cellulose, microcel 103 SD and microcel 113 SD, each offering unparalleled moisture protection and stability benefits. Lycatab CT-LM is distinguished by its extremely low water activity (Aw) and versatile application across various production methods, enhancing not only the production efficiency but also ensuring rapid disintegration for an enhanced patient experience.
              
              Lubrizol Launches Carbopol Polymers for Nutraceuticals with New EU Food Grade Approval
              
              The Lubrizol Corporation has launched its newly EU food-grade approved carbopol polymers for nutraceutical manufacturers seeking to innovate. Carbopol polymers provide a platform for formulation enhancement, including the creation of smaller, more manageable tablets and stable, sustained release of active ingredients, ensuring consistent nutraceutical performance. This innovation paves the way for products that require fewer doses without compromising health benefits, aligning efficiency with high-quality standards.
              
              Sabinsa Opens New Facility for Nutraceutical and Pharmaceutical Ingredients
              
              Sabinsa has inaugurated its eighth manufacturing plant, with a USD 18 million investment in Hassan, Karnataka, India, to substantially boost the production of nutraceutical and pharmaceutical ingredients to 88 tons annually, catering to a global clientele. The initial phase of the plant, Unit 1, is designed for manufacturing a variety of 23 high-demand active nutraceutical ingredients (ANIs) and active pharmaceutical ingredients (APIs), including products such as calebin-A, resveratrol and Pterostilbene, among others.
            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 Nutraceutical 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 Nutraceutical Ingredients Market, highlighting leading vendors and their innovative profiles. These include Ajinomoto Co., Inc., Amway Corporation, Archer-Daniels-Midland Company, Arla Foods amba, Associated British Foods PLC, Balchem Corporation, Barentz International B.V., BASF SE, BIONAP S.R.L., Cargill, Incorporated, Chr. Hansen Holding A/S, ChromaDex, Inc., Danone S.A., Divi's Laboratories Limited, DuPont de Nemours, Inc., Fonterra Co-operative Group Limited, Glanbia PLC, Ingredion Incorporated, Kerry Group PLC, Koninklijke DSM N.V., Kyowa Kirin Co., Ltd., Lonza Group, Martin Bauer Group, Nestle S.A., Pfizer Inc., Sydler India Pvt. Ltd., Tate & Lyle PLC, and ZIVO Bioscience, Inc..
            
            Market Segmentation & Coverage
            
            This research report categorizes the Nutraceutical Ingredients Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Form
              • Dry
              • Liquid
              • Health Benefits
                • Bone Health
                • Cognitive Performance
                  • Sleep Boosting
                  • Stress Management
                  • Gut Health
                  • Heart Health
                  • Immunity
                  • Nutrition
                  • Weight Management
                  • Type
                    • Carotenoids
                    • Fibers & Specialty Carbohydrates
                    • Minerals
                    • Omega-3 Fatty Acids
                    • Phytochemical & Plant Extracts
                    • Prebiotics
                    • Probiotics
                    • Proteins & Amino Acids
                    • Vitamins
                    • Application
                      • Animal Nutrition
                      • Dietary Supplements
                      • Functional Beverages
                      • Functional Foods
                      • Personal Care
                      • 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