Global Nutraceutical Excipients Market - Industry Trends and Forecast to 2030

Global Nutraceutical Excipients Market - Industry Trends and Forecast to 2030

Global Nutraceutical Excipients Market, By Type (Flavoring Agents, Coloring Agents, Sweeteners, Coating Agent, Buffers, Solvents, Carriers, Antifoams, Gliding Agents, Wetting Agents, Thickeners/ Gelling Agents, Preservatives, Binders, Disintegrates, Lubricants, Fillers and Diluents, and Others), By End Product (Prebiotics By Excipients, Probiotics By Excipients, Protein and Amino Acid Supplements By Excipients, Mineral Supplements By Excipients, Vitamin Supplements, Omega-3 Supplements By Excipients, and Other Supplements), By Form (Dry, and liquid), By Excipient Source (Natural, and Synthetic), By Distribution channel (Direct Tender, Retail Sales, and Others), By Country (U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Poland, Switzerland, Netherlands, Hungary, Austria, Norway, Ireland, Turkey, Lithuania, Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Brazil, Argentina, Peru, Rest of South America, South Africa, Saudi Arabia, UAE, Israel, Kuwait, Egypt, and Rest of Middle East & Africa), Industry Trends and Forecast to 2030.

Market Definition

Nutraceutical excipients involve everything in a drug except the active nutraceutical ingredients. These molecules don’t possess any medicinal properties and are ultimately used for enhancing the physiological absorption of the drug. Nutraceutical excipients are inert in nature, allowing the drug molecule to apply to patients in the right form. Traditionally, nutraceutical excipients were simple molecules, but the innovation in technology and increasing demand for novel drug delivery systems enhanced the nutraceutical excipients' complexity. Nutraceutical excipients promote the patient’s drug acceptability and boost the drug's stability and bioavailability.

Moreover, nutraceutical excipients help in the maintenance of drug integrity, which helps in drug storage. There are different types of nutraceutical excipients based on their chemical nature, which includes inorganic and organic chemicals. Organic chemicals include carbohydrates, petrochemicals, oleo chemicals, and proteins, among others. Nutraceutical excipients can act as binders, fillers, diluents, suspension or coating agents, flavoring agents, disintegrants, colorants, lubricants and glidants, sweeteners, and preservatives, among others.

The future of excipients science and technology has changed and continues to change. Better progress has been made in such areas as the harmonization of excipient monographs and the application of new analytical methods to better characterize excipients.

Market Segmentation

Global nutraceutical excipients market is categorized into five notable segments based on type, end-product, form, excipient source and distribution channel. In 2023, the type segment is expected to dominate the market growth.
• On the basis of type, the global nutraceutical excipients market is segmented into flavoring agents, coloring agents, sweeteners, coating agents, buffers, solvents, carriers, antifoams, gliding agents, wetting agents, thickeners/ gelling agents, preservatives, binders, disintegrants, lubricants, fillers and diluents, and others
• On the basis of end-product, the global nutraceutical excipient market is segmented into prebiotics, by excipients, probiotics, by excipients, protein and amino acid supplements, by excipients, mineral supplements, by excipient, vitamin supplements, omega-3 supplements, by excipients, other supplements
• On the basis of form, the global nutraceutical excipients market is segmented into dry and liquid
• On the basis of excipient source, the global nutraceutical excipient market is segmented into natural and synthetic
• On the basis of distribution channel, the global nutraceuticals excipients market is segmented into direct tender, retail sales, and others

Market Players

Some of the major players operating in the global nutraceutical excipients market are:
• Kerry Group plc.
• BASF SE
• Ingredion.
• Roquette Frères
• Sensient Technologies Corporation
• Ashland
• Sigachi Industries
• Grain Processing Corporation
• IMCD
• JRS PHARMA
• Jigs Chemical
• ABITEC
• Gangwal Chemicals Pvt. Ltd.
• DuPont
• azelis
• W.R. Grace & Co.-Conn
• Omya
• BENEO
• Cargill, Incorporated
• SEPPIC
• Gattefosse
• Pioma Chemicals