Nutraceutical Excipients

Nutraceutical Excipients

Global Nutraceutical Excipients Market to Reach US$7.2 Billion by 2030

The global market for Nutraceutical Excipients estimated at US$4.7 Billion in the year 2023, is expected to reach US$7.2 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2023-2030. Dry Nutraceutical Excipients, one of the segments analyzed in the report, is expected to record a 6.9% CAGR and reach US$5.1 Billion by the end of the analysis period. Growth in the Liquid Nutraceutical Excipients segment is estimated at 4.3% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.2 Billion While China is Forecast to Grow at 9.3% CAGR

The Nutraceutical Excipients market in the U.S. is estimated at US$1.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 9.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.1% and 5.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Global Nutraceutical Excipients Market – Key Trends & Drivers Summarized

What Are Nutraceutical Excipients, and Why Are They Important in Nutraceutical Formulations?
Nutraceutical excipients are inactive ingredients used in the production of nutraceutical products such as dietary supplements, functional foods, and fortified beverages. These excipients serve a crucial role by aiding in the stabilization, preservation, and delivery of active ingredients like vitamins, minerals, and bioactive compounds. While excipients do not provide direct health benefits, they enhance the overall product by improving texture, taste, shelf life, and bioavailability of the active compounds. Common types of nutraceutical excipients include binders, fillers, coatings, and emulsifiers. With the growing demand for nutraceutical products that promote health and wellness, the role of excipients in improving product efficacy and consumer acceptance has become increasingly important.

How Are Innovations in Nutraceutical Excipients Shaping the Market?
Technological advancements in excipient development are driving significant changes in the nutraceutical market. The demand for excipients that are organic, non-GMO, and free from allergens is on the rise, reflecting consumer preferences for clean-label products. New innovations in multifunctional excipients, which can perform multiple roles such as improving both bioavailability and stability, are gaining traction. Additionally, advancements in nanotechnology are enabling the development of excipients that enhance the solubility and absorption of poorly soluble nutraceutical ingredients. These innovations are leading to the production of more effective, faster-acting, and longer-lasting nutraceutical products, appealing to consumers who prioritize both efficacy and natural ingredients.

How Are Consumer Preferences and Regulatory Trends Impacting Demand for Nutraceutical Excipients?
The growing focus on health and wellness has spurred consumer demand for nutraceutical products that are safe, effective, and free from artificial additives. This shift is influencing the nutraceutical excipients market, as manufacturers are increasingly opting for natural, organic, and clean-label excipients that align with consumer values. Regulatory bodies are also playing a key role by setting stringent guidelines for excipient safety and quality, particularly in regions like North America and Europe. As a result, excipient manufacturers are investing in research and development to create products that comply with these regulations while offering superior functionality. Moreover, the rise of personalized nutrition is driving demand for excipients that enable the production of customized nutraceutical solutions, expanding the market’s scope.

Growth in the Nutraceutical Excipients Market Is Driven by Several Factors
Growth in the nutraceutical excipients market is driven by several factors, including innovations in excipient technology, evolving consumer preferences, and increasing regulatory scrutiny. Advances in excipient formulations, such as the development of multifunctional and bioenhancing excipients, are expanding the range of nutraceutical products available to consumers. The growing popularity of clean-label and organic products is also fueling demand for natural excipients that meet consumer expectations for purity and safety. Additionally, the rise in chronic health conditions and aging populations is increasing the need for functional and targeted nutraceuticals, further driving demand for excipients that improve the bioavailability and stability of active ingredients. Regulatory requirements for product safety and quality are pushing manufacturers to innovate, ensuring excipients meet the highest standards for efficacy and safety.

Select Competitors (Total 12 Featured) -

• ABF Ingredients
• Cargill, Inc.
• Dow, Inc.
• DuPont de Nemours, Inc.
• EGGLE Wasserburg Verwaltungs GmbH
• Hilmar Ingredients
• IMCD Group BV
• Ingredion, Inc.
• Innophos Holdings, Inc.
• Jrs Pharma GmbH Co. KG
• Kerry Group plc
• Roquette Freres S.A.
• Sensient Pharmaceutical

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