Press release
Nutraceutical Ingredients Market to Grow at a CAGR of 9.76% from 2024 to 2030
The ๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ was valued at USD 164.2 billion in 2023 and is projected to grow at a CAGR of 9.76% from 2024 to 2030, reaching nearly USD 315.22 billion by 2030.๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Nutraceutical ingredients refer to components derived from food sources that provide health benefits beyond basic nutrition. These ingredients include vitamins, minerals, proteins, amino acids, probiotics, and specialty carbohydrates, all of which are widely used in functional foods, beverages, and dietary supplements. The demand for nutraceutical ingredients is fueled by the growing consumer preference for natural products, increased health consciousness, and the rising popularity of fortified foods. With a focus on improving the nutritional quality of food products, the market is experiencing robust growth. Technological advancements in ingredient extraction and bioavailability are creating new opportunities, although challenges related to skepticism over product efficacy and safety remain.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/Nutraceutical-Ingredients-Market/2489
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
The rising demand for fortified foods and the increasing prevalence of chronic diseases are significant drivers for the growth of the nutraceutical ingredients market. As consumers become more aware of the health benefits of specific nutrients, there is an increasing preference for foods enriched with vitamins, minerals, probiotics, and other bioactive compounds. These fortified foods help prevent nutrient deficiencies, enhance growth and development, and improve immune functions. The shift toward functional foods that offer more than basic nutrition, as well as the growing trend in health and wellness, has significantly expanded the use of nutraceutical ingredients, driving further market growth.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
A prominent trend in the Nutraceutical Ingredients Market is the growing emphasis on product-based innovations and technological advancements. Companies are investing heavily in research to enhance ingredient efficiency, bioavailability, and functionality. Innovations in biotechnology, nanotechnology, and extraction processes are improving the effectiveness and stability of active compounds. Additionally, the rising integration of artificial intelligence and data analytics in product development is enabling more personalized nutrition solutions, allowing the nutraceutical ingredients market to cater to increasingly specific consumer needs. These trends are shaping the future of the market and driving innovation across different product categories.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.stellarmr.com/report/enquire_now/Nutraceutical-Ingredients-Market/2489
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ:
In Vietnam, the nutraceutical ingredients market is seeing a rise due to increased awareness of health and wellness. The market is expected to grow at a CAGR . Companies like Vinamilk and Hoang Anh Gia Lai are exploring new formulations and partnerships to meet the growing demand for functional foods.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐:
Thailand's nutraceutical ingredients market is expanding, with the country's growing food and beverage sector driving demand for healthy ingredients. Major companies such as Thai Union Group and Oishii are adopting new nutraceutical ingredient solutions to cater to the evolving consumer preferences for health-enhancing foods.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง:
Japan, a pioneer in functional foods and nutraceutical ingredients, continues to innovate with ingredients like probiotics and antioxidants. Leading companies like Meiji Holdings and Ajinomoto are increasing their focus on developing health supplements to meet consumer demand for longevity and well-being.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
South Korea's nutraceutical ingredients market is experiencing consolidation, with major players like Amorepacific and LG Household & Health Care investing in expanding their portfolios. The market is benefiting from the strong trend towards natural products and the integration of new nutraceutical ingredients in beauty and skincare products.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐:
Singapore is a key player in the nutraceutical ingredients market, with a growing demand for plant-based and organic supplements. Companies such as Fraser and Neave are embracing innovations in nutraceuticals, while government initiatives are promoting research and development in the sector, contributing to market growth.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐:
The US market for nutraceutical ingredients continues to grow, driven by consumer demand for dietary supplements and functional foods. Leading companies like Cargill and BASF are leading innovations in ingredient formulations, particularly in probiotics and omega-3 products, driving the market's expansion.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
Europe's nutraceutical ingredients market is being shaped by the increasing adoption of clean-label products and organic ingredients. Companies like Nestlรฉ and Danone are integrating nutraceutical ingredients into their offerings to meet consumer demand for functional foods and health-enhancing beverages.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.stellarmr.com/report/req_sample/Nutraceutical-Ingredients-Market/2489
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
By Type
Vitamins
Probiotics
Minerals
Proteins and Amino Acids
Fibres and Speciality Carbohydrates
Others
By Form
Dry
Liquid
By Application
Functional Foods
Functional Beverages
Dietary Supplements
Animal Nutrition
Others
By End-user
Food and Beverages Manufacturers
Health Supplement Manufacturers
Pharmaceutical Manufacturers
Animal Feed Manufacturers
Others
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Nutraceutical-Ingredients-Market/2489
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
BASF SE (Germany)
DuPont de Nemours, Inc. (US)
Cargill, Inc. (US)
Nestlรฉ Health Science (Switzerland)
Amway Corporation (US)
Herbalife Nutrition Ltd. (US)
Kerry Group plc (Ireland)
Royal DSM (Netherland)
Ginkgo BioWorks (US)
Brenntag AG (Germany)
GlaxoSmithKline plc (UK)
Lonza Group AG (Switzerland)
Ingredion Incorporated (US)
Givaudan SA (Swizerland)
Alchem International (India)
Azelis (Belgium)
Tate & Lyle PLC (UK)
Takasago International Corporation (Japan)
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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sales@stellarmr.com
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Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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