Global Nutraceutical Ingredients Market Size by Product (Probiotics {Lactobacilli, Bifidobacterium, Bacillus, Streptococcus, and Saccharomyces (Yeast)}, Prebiotics {FOS, Inulin, GOS, MOS}, Vitamins {Vitamin A, Vitamin C, Vitamin D, Vitamin E, Vitamin K, V

Global Nutraceutical Ingredients Market Size by Product (Probiotics {Lactobacilli, Bifidobacterium, Bacillus, Streptococcus, and Saccharomyces (Yeast)}, Prebiotics {FOS, Inulin, GOS, MOS}, Vitamins {Vitamin A, Vitamin C, Vitamin D, Vitamin E, Vitamin K, Vitamin B1, Vitamin B2, Vitamin B6, Vitamin B12, Biotin, Folic Acid and Niacin), Amino Acids {Lysine, Methionine, Threonine, Tryptophan}, Carotenoids {Beta-Carotene, Lutein, Astaxanthin, Canthaxanthin, Lycopene}, Phytochemicals & Plant Extracts {Phytosterols, Flavonoids}, Protein {Plant Proteins, Animal Proteins}, EPA/DHA {Anchovy/Sardine, Algae Oil, Tuna Oil, Cod Liver Oil, Salmon Oi, Krill Oil And Menhaden Oil}, Minerals, and Fiber & Carbohydrates {Cereals & Grains And Fruits & Vegetables), By Application (Functional Food, Functional Beverages, Dietary Supplements, Personal Care And Animal Nutrition), By Form (Dry Form, Liquid Form), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market, 2022- 2028

Increasing preference for balanced diets is expected to pave the way for global nutraceutical ingredients market expansion through 2028. In addition, rising prevalence of diabetes and obesity among young adults and children across the globe is set to further supplement industry expansion over the forecast timespan.

Rising occurrences of chronic illnesses and increasing health consciousness among people have driven consumer interest in dietary supplements and functional foods. These factors have been beneficial for market growth in recent years.

The global nutraceutical ingredients market has been categorized into product, source, application, form, and region. Based on product, the overall industry has been bifurcated into vitamins, probiotics, prebiotics, amino acids, protein, carotenoids, minerals, fiber & carbohydrates, phytochemicals & plant extracts, EPA/DHA, and others.

The probiotics segment is further divided into streptococcus, lactobacilli, Saccharomyces (yeast), Bifidobacterium, Bacillus, and others. The lactobacilli segment is estimated to grow at a CAGR of more than 7.9% by 2028. Bifidobacterium product in the probiotics nutraceutical ingredients market is projected to exhibit a CAGR exceeding 8.1%, whereas Bacillus product is likely to showcase a promising CAGR of over 7.7% over the forecast period.

Streptococcus is set to depict above 7.2% CAGR through the assessment timeline. Saccharomyces (yeast) is anticipated to grow at a CAGR of more than 8.4% CAGR between 2022 and 2028, while others probiotics segment is likely to witness growth at above 6.8% CAGR in the nutraceutical ingredients industry.

Prebiotics are expected to showcase a positive business outlook with an estimated CAGR surpassing 7.5% over the forecast years. The prebiotics segment has been further categorized into inulin, mannan-oligo saccharide (MOS), fructo-oligo saccharide (FOS), galacto-oligo saccharide (GOS), and others. FOS is expected to showcase over 7.2% CAGR whereas inulin is likely to grow at over 7.5% CAGR through the study timeframe in the nutraceutical ingredients market.

GOS is likely to witness sizable growth at a CAGR of over 7.9% CAGR and MOS is anticipated to grow at more than 8.3% CAGR from 2022 to 2028. The others segment in the prebiotics nutraceutical ingredients market is projected to expand at roughly 6.8% CAGR to attain a notable share in the market by 2028.

The vitamins product segment has been further split based on source and product. By source, the vitamins nutraceutical ingredients market has been fragmented into synthetic and natural (plant products and animal products). The synthetic source segment is estimated to grow at more than 7% CAGR up to 2028.

The natural source segment is likely to showcase significant growth at above 7.5% CAGR through the study period. Natural plant products are poised to grow at nearly 7.9% CAGR while natural animal products are estimated to exhibit a CAGR of more than 7.4% between 2022 and 2028.

By product, the vitamins nutraceutical ingredients market has been further bifurcated into vitamin A, biotin, vitamin B1, folic acid, vitamin B2, vitamin B6, niacin, vitamin B12, vitamin C, vitamin D, vitamin E, and vitamin K. Vitamin B6 is likely to register above 8.8% CAGR by 2028. Vitamin K and vitamin C are anticipated to record a CAGR of over 8.4% and 8.1% respectively through the forecast timespan.

Vitamin A is foreseen to deliver robust growth at a CAGR of about 6.3% in the nutraceutical ingredients market. Vitamin D, vitamin E, vitamin B2, and vitamin B1 are projected to exhibit a CAGR surpassing 7.7%, 7.1%, 6.8%, and 6.0% CAGR respectively over the review period. Vitamin B12 is likely to experience a sustainable growth trajectory with a CAGR of approximately 5.7%, whereas biotin product is estimated to grow at more than 5% CAGR over the analysis timeframe. Folic acid is likely to witness notable expansion at roughly 5.2% CAGR and niacin is projected to expand at over 4.6% CAGR by 2028.

The amino acids product segment has been classified based on source and product. In terms of source, the amino acids segment has been segregated into plant sources, microbial sources, and animal sources. Microbial sources are primed to gain momentum, growing at more than 7.6% CAGR between 2022 and 2028. Meanwhile, plant sources are projected to showcase a CAGR of over 7.9% by 2028.

The animal sources amino acids segment is anticipated to experience considerable growth impetus at a CAGR of more than 7.1% through 2028. Under animal sources, the amino acids nutraceutical ingredients market has been divided into fish, meat, poultry, eggs, and dairy. The meat animal sources segment is calculated to register over 7.3% CAGR. Dairy animal sources are expected to experience rapid growth at a CAGR of over 6.4% CAGR between 2022 and 2028.

Poultry animal sources in amino acids nutraceutical ingredients market are likely to witness fast-paced growth exceeding 7.7% CAGR. Eggs are popular options of animal-sourced amino acids used in the nutraceutical industry and are set to progress at approximately 6.0% CAGR over the forecast time period. Fish is anticipated to register a CAGR of more than 6.8% by 2028.

Under amino acids, the nutraceutical ingredients market has been categorized based on product into tryptophan, lysine, methionine, and threonine. Lysine is estimated to experience lucrative expansion at a CAGR surpassing 7.8% whereas tryptophan product is expected to showcase more than 8.6% CAGR by 2028. Threonine is likely to grow at over 8.3% CAGR followed by methionine with an estimated CAGR of roughly 7.5% over the forecast timespan.

The carotenoids product segment is primed to depict more than 5.9% CAGR and has been segregated on the basis of source and product. With respect to source, the carotenoids nutraceutical ingredients industry has been classified into plant material, chemicals, and microbial sources. The microbial sources segment is anticipated to experience an upwards growth trajectory, showcasing over 5.4% CAGR by 2028. The chemicals source is likely to expand at a CAGR of more than 5.8% while the plant material source is estimated to grow at above 6.2% CAGR through the assessment period.

By product, the carotenoids nutraceutical ingredients market has been fragmented into astaxanthin, lycopene, beta-carotene, lutein, canthaxanthin, and others. The beta-carotene segment is likely to witness steady progress with a CAGR of over 5.7% up to 2028. Lutein is anticipated to expand at over 6.1% CAGR, while astaxanthin is foreseen to depict above 6.8% CAGR through the study period.

Canthaxanthin is likely to register more than 5.2% CAGR and lycopene is estimated to expand at over 4.4% CAGR by 2028. The others product segment in the carotenoids nutraceutical ingredients market is expected to gain momentum at more than 4.9% CAGR from 2022 to 2028.

The phytochemicals & plant extracts product segment is anticipated to witness strong growth at a CAGR of about 6.7% CAGR and has been bifurcated based on source and product. With regards to source, the phytochemicals & plant extracts nutraceutical ingredients market has been divided into vegetables, grains, fruits, and others.

The vegetables source segment is projected to observe solid expansion at nearly 6.5% CAGR whereas the fruits source segment is set to register more than 7.2% CAGR over the study timeline. Grains source is anticipated to ascend at a CAGR of over 5.7% The others source segment is expected to amass sizable growth at above 6.3% CAGR up to 2028.

By product, the phytochemicals & plant extracts nutraceutical ingredients industry has been segmented into phytosterols, flavonoids, and others. Phytosterols product is estimated to showcase more than 6.7% CAGR. Flavonoids are likely to witness significant progress at a CAGR of approximately 7.0% while the others product is projected to grow at a CAGR of over 6.2% through the forecast timespan.

The protein product segment of the nutraceutical ingredients market has been split in terms of source into plant proteins and animal proteins. The plant proteins segment is expected to witness exponential growth of over 7.6% CAGR through 2028 and has been further bifurcated into wheat protein, soy protein concentrates (SPC), soy protein isolates (SPI), textured soy protein, pea protein, canola protein, and others.

The wheat protein segment is likely to demonstrate accelerated growth at a CAGR exceeding 8.1% up to 2028. The soy protein concentrates (SPC) source segment is calculated to grow at over 7.3% CAGR through the study duration. Soy protein isolates (SPI) protein is projected to exhibit more than 7.8% CAGR, whereas textured soy protein is estimated to depict over 7.1% CAGR from 2022 to 2028.

Pea protein is anticipated to register solid growth at above 8.3% CAGR and the canola protein segment is expected to showcase more than 6.6% CAGR up to 2028. The others plant protein source is likely to gain traction at over 6.1% CAGR in the protein nutraceutical ingredients industry through the assessment timeline.

The animal proteins source segment is likely to grow at nearly 7.1% CAGR by 2028. Under animal proteins, the protein nutraceutical ingredients market has been classified based on source into egg protein, milk protein concentrates/isolates, WHP, WPI, whey protein concentrates, gelatin, and casein/caseinates.

The egg protein source segment is expected to record substantial growth at approximately 7.3% CAGR by 2028. The milk protein concentrates/isolates protein source is foreseen to experience lucrative opportunities, delivering a CAGR of nearly 6.8% through 2028. Whey protein concentrates, which comprise WPC80 and WPC35, are anticipated to record extensive growth at more than 8.1% CAGR over the review timespan.

The whey protein hydrolysates (WPH) segment is forecast to register above 7.7% CAGR in the protein nutraceutical ingredients market over the forecast period. Whey protein isolates (WPI) are likely to observe considerable expansion at a CAGR of over 7.1% while gelatin is anticipated to showcase sustainable progress at about 6.2% CAGR by 2028. Casein/caseinates are set to grow at a CAGR exceeding 5.9% in the protein nutraceutical ingredients market over the forecast timeframe.

EPA/DHA product in the nutraceutical ingredients market is calculated to register a CAGR of more than 5.6% and is further divided based on source into anchovy/sardine, tuna oil, menhaden oil, algae oil, salmon oil, krill oil, and cod liver oil. Anchovy/sardine source in EPA/DHA nutraceutical ingredients market is estimated to grow at above 6% CAGR by 2028.

Algae oil source is expected to display a steady growth trajectory at a CAGR of approximately 5% while tuna oil source in the EPA/DHA nutraceutical ingredients market is foreseen to witness growth at over 5.8% CAGR through the forecast years. Cod liver oil source is likely to experience sturdy expansion at CAGR surpassing 5.4% by 2028.

Salmon oil source is expected to exhibit considerable growth at over 6.6% CAGR and krill oil source is forecast to exceed 4.7% CAGR between 2022 and 2028. Menhaden oil source in EPA/DHA nutraceutical ingredients is estimated to register business growth at over 6.4% CAGR.

Minerals product in the nutraceutical ingredients industry is projected to demonstrate solid growth at a CAGR of nearly 6.8% over the assessment timeline.

The fiber & carbohydrates product segment is speculated to acquire a considerable market share, growing at around 6.2% CAGR by 2028. From the source perspective, the fiber & carbohydrates nutraceutical ingredients market has been further divided into fruits & vegetables and cereals & grains. The cereals & grains segment is likely to accumulate significant gains with an estimated CAGR of more than 6.4% by 2028. The fruits & vegetables segment is anticipated to register over 5.9% CAGR by 2028.

The others product segment in the nutraceutical ingredients market is calculated to grow at about 5.2% CAGR between 2022 and 2028.

In terms of application, the overall nutraceutical ingredients industry has been fragmented into functional beverages, functional food, animal nutrition, personal care, and dietary supplements. Among these, nutraceutical ingredients application in animal nutrition is anticipated to be valued at about $3.54 billion by 2028.

In the regional landscape, the nutraceutical ingredients market in Middle East & Africa is expected to reach $2.0 billion in revenue by the end of the analysis time period.