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Phytonutrients Market Size, Share & Growth | Forecast [2030]
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Phytonutrients Market Size, Share & Growth | Forecast [2030]

Segments - Phytonutrients Market by Types (Carotenoids, Phytosterols, Flavonoids, Phenolic Compounds, and Vitamin E), Applications (Food & Beverages, Pharmaceuticals, Cosmetics, Feed, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends and Forecast 2021 – 2028

https://growthmarketreports.com/Riddhesh
Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-4463 | 4.9 Rating | 68 Reviews | 188 Pages | Format : PDF Excel PPT

Report Description


The global phytonutrients market size is projected to register a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising demand for health supplements.

Phytonutrients Market Key Takeaways

Some of the phytonutrient-rich foods includes legumes, nuts, fruits and vegetables, tea, and whole grains. They assist human health but are not considered as nutrients that are essential for life processes, such as protein, fats, carbohydrates, vitamins, and minerals. Among the advantages of phytonutrients are anti-inflammatory and antioxidant activities. Phytonutrients also repair DNA damage from exposure to toxins, increase immunity and intercellular communication, detoxify carcinogens, and alter estrogen metabolism. The adoption of phytonutrients in the pharmaceutical industry in order to reduce diabetes related problems and usage in dietary supplements is rising rapidly. Phytonutrients are increasingly used to prevent heart diseases, cancer, and also blindness.

Phytonutrients, which are also called phytochemicals, are chemical substances produced by plants. Plants use these chemicals to stay healthy. For instance, a few phytonutrients protect plants from attacks by insects, while some others protect from radiation of UV rays.

  • Growing demand for functional food is expected to boost the phytonutrients market.
  • Rising awareness about healthy foods can accelerate the growth of the market.
  • Increasing health ailments due to changes in diet is one of the key factors fueling the market growth.
  • Expanding demand for food and beauty supplements is expected to contribute to the growth of the market during the forecast period.
  • High demand for phytonutrients from the dietary supplements can spur the market.
  • Absence of techniques to measure quality standards of phytonutrients and its supplements can restrain the growth of the market.
  • Rising incidence of diabetes and new product launches can create lucrative opportunities for the growth of the phytonutrients market.

Scope of the Report

The report on the phytonutrients market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Phytonutrients market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Carotenoids, Phytosterols, Flavonoids, and Phenolic Compounds, Vitamin E), Applications (Food & Beverages, Pharmaceuticals, Cosmetics, Feed, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Takasago International Corporation; Archer Daniels Midland Company; Chr. Hansen Holding A/S; KEMIN INDUSTRIES INC. and CYANOTECH CORPORATION.

Phytonutrients Market Segment Insights

Carotenoids segment is expected to grow at a robust pace

Based on types, the market is segregated carotenoids, phytosterols, flavonoids, phenolic compounds, and vitamin E. The carotenoids segment is anticipated to account for a significant market share during the forecast period. The carotenoids act as antioxidants can primarily driving its application in various industries. However, the phytosterols segment is also expected to have a substantial growth during the forecast period.

Phytonutrients Market By Types

Pharmaceutical segment is projected to dominate the market

On the basis of applications, the market is classified as food & beverages, pharmaceuticals, cosmetics, feed, and others. The pharmaceutical segment is projected to expand at a high CAGR during the forecast period due to rising R&D activities for vaccine development. However, the aging population, moderate financial development, and medication cost cuts are driving the drug market.

Europe is anticipated to constitute a large market share

In terms of regions, the global market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Europe is anticipated to expand at a rapid pace during the forecast period owing to the increasing health awareness and rise in consumption of healthy food products. The market in Asia Pacific is expected to grow significantly owing to the growing exports and domestic demand for plant-based ingredients. China is one of the prominent producers of plant-based ingredients in the region due to the easy availability of raw materials in the country.

Segments

The global phytonutrients market has been segmented on the basis of

Types
  • Carotenoids
  • Phytosterols
  • Flavonoids
  • Phenolic Compounds
  • Vitamin E
Applications
  • Food & Beverages
  • Pharmaceuticals
  • Cosmetics
  • Feed
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players

Competitive Landscape

Key players competing in the phytonutrients market Takasago International Corporation; Archer Daniels Midland Company; Chr. Hansen Holding A/S; KEMIN INDUSTRIES INC. and CYANOTECH CORPORATION.

Phytonutrients Market By Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Phytonutrients Market Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Phytonutrients Market Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Phytonutrients Market Market - Supply Chain
  4.5. Global Phytonutrients Market Market Forecast
     4.5.1. Phytonutrients Market Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Phytonutrients Market Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Phytonutrients Market Market Absolute $ Opportunity
5. Global Phytonutrients Market Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Phytonutrients Market Market Size and Volume Forecast by Types
     5.3.1. Carotenoids
     5.3.2. Phytosterols
     5.3.3. Flavonoids
     5.3.4. Phenolic Compounds
     5.3.5. Vitamin E
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Phytonutrients Market Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Phytonutrients Market Market Size and Volume Forecast by Applications
     6.3.1. Food & Beverages
     6.3.2. Pharmaceuticals
     6.3.3. Cosmetics
     6.3.4. Feed
     6.3.5. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Phytonutrients Market Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Phytonutrients Market Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Phytonutrients Market Demand Share Forecast, 2019-2026
8. North America Phytonutrients Market Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Phytonutrients Market Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Phytonutrients Market Market Size and Volume Forecast by Types
     8.4.1. Carotenoids
     8.4.2. Phytosterols
     8.4.3. Flavonoids
     8.4.4. Phenolic Compounds
     8.4.5. Vitamin E
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Phytonutrients Market Market Size and Volume Forecast by Applications
     8.7.1. Food & Beverages
     8.7.2. Pharmaceuticals
     8.7.3. Cosmetics
     8.7.4. Feed
     8.7.5. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Phytonutrients Market Demand Share Forecast, 2019-2026
9. Latin America Phytonutrients Market Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Phytonutrients Market Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Phytonutrients Market Market Size and Volume Forecast by Types
     9.4.1. Carotenoids
     9.4.2. Phytosterols
     9.4.3. Flavonoids
     9.4.4. Phenolic Compounds
     9.4.5. Vitamin E
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Phytonutrients Market Market Size and Volume Forecast by Applications
     9.7.1. Food & Beverages
     9.7.2. Pharmaceuticals
     9.7.3. Cosmetics
     9.7.4. Feed
     9.7.5. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Phytonutrients Market Demand Share Forecast, 2019-2026
10. Europe Phytonutrients Market Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Phytonutrients Market Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Phytonutrients Market Market Size and Volume Forecast by Types
     10.4.1. Carotenoids
     10.4.2. Phytosterols
     10.4.3. Flavonoids
     10.4.4. Phenolic Compounds
     10.4.5. Vitamin E
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Phytonutrients Market Market Size and Volume Forecast by Applications
     10.7.1. Food & Beverages
     10.7.2. Pharmaceuticals
     10.7.3. Cosmetics
     10.7.4. Feed
     10.7.5. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Phytonutrients Market Demand Share Forecast, 2019-2026
11. Asia Pacific Phytonutrients Market Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Phytonutrients Market Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Phytonutrients Market Market Size and Volume Forecast by Types
     11.4.1. Carotenoids
     11.4.2. Phytosterols
     11.4.3. Flavonoids
     11.4.4. Phenolic Compounds
     11.4.5. Vitamin E
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Phytonutrients Market Market Size and Volume Forecast by Applications
     11.7.1. Food & Beverages
     11.7.2. Pharmaceuticals
     11.7.3. Cosmetics
     11.7.4. Feed
     11.7.5. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Phytonutrients Market Demand Share Forecast, 2019-2026
12. Middle East & Africa Phytonutrients Market Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Phytonutrients Market Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Phytonutrients Market Market Size and Volume Forecast by Types
     12.4.1. Carotenoids
     12.4.2. Phytosterols
     12.4.3. Flavonoids
     12.4.4. Phenolic Compounds
     12.4.5. Vitamin E
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Phytonutrients Market Market Size and Volume Forecast by Applications
     12.7.1. Food & Beverages
     12.7.2. Pharmaceuticals
     12.7.3. Cosmetics
     12.7.4. Feed
     12.7.5. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Phytonutrients Market Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Phytonutrients Market Market: Market Share Analysis
  13.2. Phytonutrients Market Distributors and Customers
  13.3. Phytonutrients Market Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. BASF SE
     13.4.2. Archer Daniels Midland Company
     13.4.3. Chr. Hansen Holding A/S
     13.4.4. DSM Nutritional Products Ltd
     13.4.5. CYANOTECH CORPORATION

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