Bioactive Ingredients Market Outlook 2031:
The global bioactive ingredients market size was valued at USD 173.22 Billion in 2022 and is projected to reach USD 340.54 Billion by 2031, expanding at a CAGR of 7.8% during the forecast period 2023 - 2031. The growth of the market is attributed to the increasing per capita income, rapid urbanization, greater focus on fitness, increasing health concerns, advanced health care, and rising concern related to allergies causing due to added substances.
Bioactive ingredients are the supplementary bio molecules, which are found in the food items for adopting metabolic progression for the superior health. It is found in the food items in various forms including esterified, hydroxylated, glycosylated, and thiolated. Bioactive ingredients are very useful for the metabolic activities and also it is safe for the consumption as well as better for environment.
Bioactive ingredients help to solve the various problem such as inability to maintain the balanced diet and inadequate intake of the nutritional food. Bioactive ingredients also have its effect against different chronic diseases including diabetes, heart diseases, macular degeneration, hypertension, and cancer. It is capable of modulation of the process of metabolic as well as it has various properties including inhibition of receptor activities, gene expression, and enzymes.
Bioactive Ingredients Market Trends, Drivers, Restraints, and Opportunities
- Rising health consciousness among customers is expected to push the market expansion in the coming years.
- Rapid growth of the food industry is major factors spurring the market growth.
- High markup price is estimated to impede the market expansion during the forecast period.
- Lack of regulatory framework acts as main challenges that can hinder the market growth.
- R&D investment and technological advancement in bioactive ingredients is projected to offer significant opportunities for the market players.
Scope of the Bioactive Ingredients Market Report
The report on the global bioactive ingredients market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Bioactive Ingredients Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Ingredient Types (Omega-3 Fatty Acids, Carotenoids, Minerals, Proteins, Probiotics & Prebiotics, Vitamins, Plant Extracts, Amino Acids, and Peptides), Applications (Dietary Supplements, Personal & Beauty Care, Food & Beverages, Animal Nutrition, and Pharmaceutical)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Archer Daniels Midland Company; Ajinomoto Co. Inc.; FMC Corp.; E.I. du Pont Nemours and Company; Roquette Freres; Cargill Inc.; Koninklijke DSM N.V.; Ingredion Inc.; Arla Foods Amba; BASF SE; and Corbion
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Bioactive Ingredients Market Segment Insights:
Omega-3 fatty acids segment is projected to account for a large market share
Based on ingredient types, the global bioactive ingredients market is divided into omega-3 fatty acids, carotenoids, minerals, proteins, probiotics & prebiotics, vitamins, plant extracts, amino acids, and peptides.
The omega-3 fatty acids segment is expected to constitute a key share of the market during the forecast period owing to it is important for the human physiology & human diet, decreases the change of abnormal heart rhythm, and reduce the blood pressure.
However, the probiotics & prebiotics segment is anticipated to expand at a rapid pace during the forecast period due to it is good for the digestive system and also induce the growth of microorganism.
Food & beverages segment is projected to hold a key market share
On the basis of applications, the market is segmented into dietary supplements, personal & beauty care, food & beverages, animal nutrition, and pharmaceutical. The food & beverages segment is expected to represent a key share of the market in the coming years due to growing awareness related to health among consumers and shifting trends.
On the other hand, the dietary supplements segment is anticipated to expand at a rapid pace during the forecast period owing to shift in dietary habits of the people and increasing demand for high nutrients supplements.
Asia Pacific is anticipated to dominate the market
On the basis of regions, the global bioactive ingredients market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to expand at an impressive CAGR during the forecast period.
The regional market growth can be attributed to rising consumption of healthy nutrients and growing urbanization. On the other hand, the market of North America is expected to exhibit a rapid growth rate in the coming years due to increasing adoption of wellness & healthy food products and consumer shifting towards healthy lifestyle.
Segments
The global bioactive ingredients market has been segmented on the basis of
Ingredient Types
- Omega-3 Fatty Acids
- Carotenoids
- Minerals
- Proteins
- Probiotics & Prebiotics
- Vitamins
- Plant Extracts
- Amino Acids
- Peptides
Applications
- Dietary Supplements
- Personal & Beauty Care
- Food & Beverages
- Animal Nutrition
- Pharmaceutical
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the global bioactive ingredients market include Archer Daniels Midland Company; Ajinomoto Co. Inc.; FMC Corp.; E.I. du Pont Nemours and Company; Roquette Freres; Cargill Inc.; Koninklijke DSM N.V.; Ingredion Inc.; Arla Foods Amba; BASF SE; and Corbion.
Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
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