Nutraceutical Excipients Market Analysis Report: In-Depth Study and Future Projections
The need for excipients in the manufacturing of nutraceuticals—food items with additional health advantages beyond their fundamental nutritional value—is being met by the global market for nutraceutical excipients. The bioavailability, stability, and effectiveness of the active components in nutraceutical products are improved by the inclusion of nutraceutical excipients. Because customers who are health-conscious are becoming more and more aware of the advantages of preventative healthcare, the market for nutraceutical excipients is anticipated to rise significantly over the forecast period. The growing usage of nutraceuticals in the management of chronic illnesses including diabetes, heart disease, and cancer is another factor propelling the market.
The Global Nutraceutical Excipients Market was valued at US$ 4.12 billion in 2022 and the total market is forecasted to grow at a CAGR of 6.97% from 2023 to 2029, reaching nearly US$ 6.6 billion by 2029.
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Comprehensive Market Scope and Methodology
The Nutraceutical Excipients market report offers an all-encompassing view of the global market landscape, examining various elements that influence market dynamics, trends, challenges, and opportunities. It includes a detailed segmentation analysis based on end-user industry, service category, organization size, and geographic regions. The report also evaluates the strategies, product offerings, profitability, and market share of major industry players. Additionally, it assesses technological advancements, legislative frameworks, and macroeconomic factors impacting the market.
Dynamics of the Market
Drivers of the Global Nutraceutical Excipients Market
Over the course of the forecast period, the demand for functional and fortified food products that are made to satisfy customers' nutritional demands is predicted to fuel a significant growth in the global nutraceutical excipients market. People are searching more and more for food products that provide extra health benefits, such greater immune function, decreased inflammation, and improved digestion, as they grow more health conscious. It is anticipated that this trend would increase demand for nutraceutical excipients, which are necessary components utilized in the manufacturing of functional food items.
Nutraceutical Excipients Market Segmentation
by Type
1. Binders
2.Fillers & Diluents
3.Disintegrants
4.Coating Agents
5.Flavouring Agents & Sweeteners
6.Lubricants
7.Others
The nutraceutical excipients market is divided into several segments based on their kind, including lubricants, coating agents, disintegrants, binders, fillers & diluents, and others. The most often used excipients are diluents and fillers, followed by binders and disintegrants. The market for nutraceutical excipients is divided into two segments based on form: liquid and dry. Because they are easier to handle and more convenient than liquid excipients, dry excipients are employed more frequently.
by Form
1.Dry Excipients
2.Liquid Excipients
by Application
1.Dietary Supplements
2.Functional Foods
3.Pharmaceuticals
The nutraceutical excipients market is divided into three segments based on application: medicines, functional foods, and dietary supplements. The largest section is made up of dietary supplements, which are followed by medications and functional foods. The rising incidence of chronic illnesses and the expanding knowledge of the advantages of nutritional supplements for health are the main factors driving the market for dietary supplements.
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Nutraceutical Excipients Market Regional Insights
Regional insights are crucial for understanding the specific dynamics of the Nutraceutical Excipients market across different areas. The market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a detailed examination of factors such as market size, growth rate, and import-export activities within each region. This section offers an in-depth analysis of the current market status in the countries covered.
Nutraceutical Excipients Market Key Players
North America
1.Ashland Global Holdings Inc. (US)
2.DuPont (US)
3. Ingredion Incorporated (US)
4.Archer Daniels Midland Company (US)
5.Sensient Technologies Corporation (US)
Europe
1.BASF SE (Germany)
2.Brenntag AG (Germany)
3. Evonik Industries AG (Germany)
4.Lonza Group Ltd. (Switzerland)
5.Roquette Frères (France)
6. Kerry Group PLC (Ireland)
7.Tate & Lyle plc (UK)
8.Associated British Foods plc (UK)
9.IMCD BV (Netherlands)
10.Corbion NV (Netherlands)
Asia Pacific
1. Ajinomoto Co., Inc. (Japan)
2. Huachang Group Co., Ltd. (China)
3.Jubilant Life Sciences Limited (India)
4. SABIC (Saudi Arabia)
5. Gulf Pharmaceutical Industries (Kuwait)
6.Al-Kharafi Group (Kuwait)
Latin America
1.ADM do Brasil Ltda. (Brazil)
2. Ingredion Brasil Ltda. (Brazil)
3.Kerry Ingredients do Brasil Ltda. (Brazil)
4.Raízen Energia S.A. (Brazil)
5.Middle East & Africa
6. Ezz Dekheila Company for Food Industries (Egypt)
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Key questions answered in the Nutraceutical Excipients Market are:
- Which are the factors expected to drive the Nutraceutical Excipients market growth?
- What are the different segments of the Nutraceutical Excipients Market?
- What growth strategies are the players considering to increase their presence in Nutraceutical Excipients?
- What are the upcoming industry applications and trends for the Nutraceutical Excipients Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Nutraceutical Excipients Market?
- Who are the leading companies and what are their portfolios in Nutraceutical Excipients Market?
- What segments are covered in the Nutraceutical Excipients Market?
- Who are the key players in the Nutraceutical Excipients market?
- Which application holds the highest potential in the Nutraceutical Excipients market?
- What are the key challenges and opportunities in the Nutraceutical Excipients market?
- What will be the CAGR at which the Nutraceutical Excipients market will grow?
- What is the growth rate of the Nutraceutical Excipients Market?
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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