Bioactive Ingredients Market to expand with the need for functional food and beverages


Posted November 12, 2019 by shanigaramkarthik

Global Bioactive Ingredients Market was worth $30.6 billion in 2019 and estimated to be growing at a CAGR of 7.17%, to reach $43.2 billion by 2024.

 
Market Overview:

Bioactive ingredients are important compounds like prebiotics, amino acids, vitamins, and omega-three fatty acids that occur naturally and are employed in food and feed for a positive effect on human and animal health. The primary sources of bioactive ingredients are plants, animals, and microbial. The bioactive ingredients have a broad range of applications in the food & beverages business, pharmaceuticals & nutraceuticals, personal care products, and in animal feed. The global bioactive ingredients market was valued at USD 30.6 billion in 2019 and expected to rise at a CAGR of 7.17% to reach USD 43.2 billion by 2024.

Market drivers and restraints:

Customer awareness towards prevention rather than cure, increasing health care expenditure, escalated incidence of lifestyle diseases, inadequate nutrition owing to the present hectic lifestyle, growing customers’ preference for natural and organic ingredients over artificial ingredients, massive population of baby boomers and escalated co-prescription of bioactive ingredient with regular drug are some of the critical drivers for the bioactive ingredient market.

To know more, click on the link below:

https://www.marketdataforecast.com/market-reports/global-bioactive-ingredients-market

Report segmented as:

By ingredient:

Probiotic
prebiotic & amino acid
omega three fatty acids
phytoextract, carotenoids
others
By application:

food & beverages
pharmaceuticals & nutraceuticals
personal care
animal feed
others
By source:

plant
animal
microbial
Geographical analysis:

The North American bioactive ingredients market has been segregated into the US, Canada, and Mexico. The European bioactive ingredients market can be analyzed as the UK, Germany, France, Italy, Spain, and the rest of Europe. Rising health awareness among people is driving the demand for these ingredients in all the regions of the world.

Important market players:

Some of the important key players in the market include Cargill Inc. (US), Archer Daniels Midland Company (US), Koninklijke DSM N.V. (Netherlands), AJINOMOTO CO. INC (Japan), Ingredion Incorporated (US), FMC Corporation (US), Arla Foods amba (Denmark), E. I. du Pont de Nemours and Company (US), BASF SE (Germany), Roquette Frères (France), Mazza Innovation Ltd (Canada), Sabinsa Corporation (US), Nuritas (Ireland), Vytrus Biotech (Spain), Kuehnle AgroSystems (US).

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https://www.marketdataforecast.com/market-reports/global-bioactive-ingredients-market/request-sample

The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: [email protected]

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/
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Tags bioactive ingredients growth , bioactive ingredients market , bioactive ingredients share , bioactive ingredientst report
Last Updated November 12, 2019