The Global Nutraceutical Ingredients Market is estimated to grow at a CAGR of 6.7% from 2018 to 2023 to reach USD 44501.7 million by 2023.
Global Nutraceutical Ingredients Market is mainly segmented by Type of Ingredients, Application, and Geography. On the basis of types of the ingredient, the market is segmented into Prebiotics, Probiotics, Omega-3 Fatty Acids, Amino Acids, Minerals, Vitamins, Phytochemicals, and Plant Extract, Specialty Fibers and Carbohydrates, Carotenoids and Others which include Glucosamine, Chondroitin Etc.

The global nutraceutical ingredients market is driven by factors such as increasing consumption of nutraceutical ingredients in the production of function food and beverages, raising awareness about the animal health, government Investment etc. The market is hindered by factors such as increasing cost of nutraceutical ingredients production, bogus nutraceutical etc.

Scope & Analysis of the Report Based on Geography:
The global market is studied for key regions such as, North America which includes U.S., Canada and Mexico, Europe which includes Germany, France, U.K., Italy, Rest of Europe, Asia Pacific which includes China, Japan, India, South Korea, Rest of Asia Pacific and Rest of the world which includes Latin America and Middle East and Africa.

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The report includes market size estimated in terms of value (in USD million) and volume (in tonne) for the base year 2016 and projected from 2017 to 2023. The report also includes a detailed analysis of market drivers, restraints, regulatory, key trends and market competitive landscape of the nutraceutical Ingredients market.

The Asia-Pacific market was estimated to be the fastest growing market due to improving economic conditions and high standard of living which is driving the growth of nutraceutical ingredients market. Functional Food is the largest application market of the nutraceutical ingredients. Phytochemicals & Plant Extract ingredients are the largest ingredients segment and growing at the fastest growth rate globally.

Global Nutraceutical Ingredients Market Is Led By Leading Manufacturers:
•Cargill
•Inc
•Du Pont
•BASF SE
•ADM Company
•Associated British Foods PLC
•DSM N.V.
•Ingredion Incorporated
•Arla Foods
•Tate & Lyle PLC and Ajinomoto Inc.

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Nutraceutical Ingredients Market Is Segmented On The Basis of Applications:

• Functional food,
• Functional beverages,
• Dietary supplements,
• Animal nutrition and personal care.