Bioactive Ingredients Market Forecasts to 2028 – Global Analysis By Source (Microbal-Based Products, Plant-Based Products, Animal-Based Products), Type (Phytochemicals & Plant Extracts, Prebiotics, Vitamins, Probiotics, Fibers and Specialty Carbohydrate, Carotenoids & Antioxidant, Amino Acid, Peptides & Proteins, Omega 3 & Structured Lipids, Minerals, Other Types), Application (Animal Nutrition, Personal and Beauty Care, Dietary supplements, Functional Food & Beverages, Pharmaceutical, Other Applications) and By Geography
According tStratistics MRC, the Global Bioactive Ingredients Market is accounted for $27 billion in 2022 and is expected treach $45 billion by 2028 growing at a CAGR of 9.1% during the forecast period. The elements that might reinstate, assistance, and nurture the inner workings of the skin are called bioactive ingredients, which can be found in the forms of thiolated as well as hydrogenated, esterified, and glycosylated. Bioactive ingredients are created using cutting-edge innovation, proven research techniques, and sound science. The bioactive compounds are good for several metabolic processes and have positive benefits in the treatment of coronary heart disease, hypertension, cancers, and macular degeneration. They are alssafer for consumption and healthier for the environment. Moreover, bioactive compounds can treat disorders like starvation, rickets, and anaemia that are brought on by a lack of a balanced diet and inadequate nutrient intake.
According tdata provided by the UN, around 55% of the world's population resided in urban regions in 2018, and it is anticipated that this percentage would increase throughout the course of the anticipated time.
Market Dynamics:
Driver:
Rising healthcare costs and increasing consumer health awareness
Due tincreased spending on healthcare and consumer health awareness, the market for bioactive chemicals is growing. Due tgreater consumer knowledge of health issues, increasing concentration on athleticism, increased subjective incomes, and the urbanisation of developing countries, the market for bioactive chemicals is rising. Progressive a tendency that has affected wellness viewpoints for decades is that consumers whare interested in their healthcare and very well are seeking alternatives tinformation that is based on fear. Consumers view sincerity, authenticity, and awareness as the three foundational elements of convergence.
Restraint:
Complex extraction and manufacturing processes
The international demand for bioactive products and ingredients is constrained by stringent regulations on rising administration costs, therapeutic health consequences, and governing body approval of new goods. Some elements that are anticipated tobstruct the expansion of the worldwide bioactive ingredient market during the projection period include complex extraction and manufacturing procedures.
Opportunity:
Technological advancements
Technical advancements in bioactive chemical extraction are being made in the industry. Several cutting-edge techniques, such as high pressure extraction, sub - critical and supersonic extraction methods, microwave- as well as ultrasound-assisted extractions, etc., are used textract bioactive chemicals from natural sources. Pressurized-liquid extraction has supplanted the conventional solvent extraction approach. Examples of high pressure extraction include pressured and accelerated solvent at extreme heat of 50 t200 C and 1450 t2175 psi. It enables rapid and efficient extraction of bioactive substances using less solvents.
Threat:
High cost of functional food and beverages
The natural components used tmake the food products are more expensive than those used tmake other types of food and beverages. As instance, dry beverage mixtures are inexpensive ttravel and give high nutrition, removing the need for functional liquids. On the opposite hand, the production and marketing aspects of foods and beverages are extremely difficult, unreliable, and expensive.
Covid-19 Impact
Due tincreased efforts tconduct research and development for bioactive components for COVID-19 therapy, administration, and prevention, as well as a rise in the number of people affected by the disease globally, the COVID-19 pandemic has significantly boosted the market for bioactive components. Moreover, natural bioactive compounds produced from plants are helpful in the fight against SARS and the Middle East Respiratory Disease (MERS) (MERS). Emodin, flavonoids, isoflavones, polysaccharides, lectin, thymoquinone, sterols, saponins, gallic acid, quercitin, and other compounds are among the most promising natural bioactives against the COVID-19 infection.
The Probiotics segment is expected tbe the largest during the forecast period
The Probiotics segment is estimated thave a lucrative growth. Yeast and bacteria known as probiotics help humans and other animals maintain a balanced microbial ecosystem in their digestive tracts. Optimal digestion is ensured by the probiotics component, which supports the body's natural digestive juices and enzymes. They can be ingested or taken as supplements. The growing inclination of consumers for natural and organic goods is the key factor driving the market expansion. Probiotics are growing in popularity as consumers' worries about preventative healthcare and the benefits of probiotic microorganisms on health grow.
The animal nutrition segment is expected thave the highest CAGR during the forecast period
The animal nutrition segment is anticipated twitness the fastest CAGR growth during the forecast period. Animal nutrition, which comprises vitamin, macros, mineral elements, amino, enzymes, and eubiotics, is necessary for efficient production of milk and meat, good bone formation, and reproduction. High-quality animal-based food items like milk, eggs, and meat are produced as a result of the aminacid replenishment required for protein synthesis, transport, and storage of other nutrients. The animal nutrition segment is being interrupted as a result of dairy operations expanding their use aminacids tsuit the immediate needs.
Region with highest share:
Asia Pacific is projected thold the largest market share during the forecast period owing tincreasing urbanisation, rising disposable income, and shifting consumer preferences towards a healthy diet. The availability of biotech processes like biomass conversion, microorganisms fermentation, as well as plant tissue culture is facilitating the transformation of the flavourings of the food as well as vegetables tthe flavours that have nutrient benefit because of the rising consumption among the population for nutritional supplements and functional food ingredients as the majority of the residents of the geographical area are particularly worried about the intake of nutritious nutrients.
Region with highest CAGR:
Europe is projected thave the highest CAGR over the forecast period, owing tdue trising health care costs, a rise in lifestyle diseases, and a growing preference among consumers for natural and organic ingredients over synthetic ones. Some of the key factors influencing the growth of the bioactive ingredient market in the region include inadequate nutrition uptake caused by the current hectic lifestyle and a rise in the co-prescribing of bioactive ingredients with the normal drugs.
Key players in the market
Some of the key players profiled in the Bioactive Ingredients Market include DuPont de Nemours, Inc., Sabinsa , Mazza Innovation Ltd , Archer-Daniels-Midland Company, Owen Biosciences Inc., Cargill, Incorporated, BASF SE, Lonza Group Ltd., Koninklijke DSM NV, Nestlé SA, Roquette Frères SA, Herbalife Nutrition Ltd., Clariant AG and Evonik Industries AG.
Key Developments:
In Oct 2022, Cargill signed an agreement with Unitec Foods, a Japan-based food formulator, and Fuji Nihon SeitCorporation, a company engaged in sugar manufacturing. Under this agreement, companies would enhance innovation and go-to-market for food ingredients solutions across Japan and Asia Pacific region. Moreover, this agreement would improve available business relationships by enhancing the specialization and strength of the three enterprises.
In Jun 2022, Cargill signed an agreement tacquire Delacon, the expert in plant-based phytogenics additives. Through this acquisition, Cargill's animal health technologies would be integrated with Delacon’s phytogenics toffer better animal productivity and wholesome, sustainable food production.
In Feb 2022, Sabinsa launched CurCousin, a turmeric extract. The product consists of bioactive Calebin A, a curcumin analog present naturally in Curcuma caesia and Curcuma longa. The product helps in balancing cholesterol and supports healthy blood circulation and blood sugar levels.
In Jan 2022, BASF introduced Peptovitae, a series of four patented peptides including Peptovitae™ Matrix, Peptovitae™ Bright, Peptovitae™ Clear, and Peptovitae™ Derma, that shows the latest generation of scientifically developed biomimetic peptides. The series addresses a vast spectrum of sin concerns that are traditionally related tthe usage of peptides.
Sources Covered:
• Microbal-Based Products
• Plant-Based Products
• Animal-Based Products
Types Covered:
• Phytochemicals & Plant Extracts
• Prebiotics
• Vitamins
• Probiotics
• Fibers and Specialty Carbohydrate
• Carotenoids & Antioxidant
• AminAcid, Peptides & Proteins
• Omega 3 & Structured Lipids
• Minerals
• Other Types
Applications Covered:
• Animal Nutrition
• Personal and Beauty Care
• Dietary supplements
• Functional Food & Beverages
• Pharmaceutical
• Other Applications
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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