The global bioactive ingredients market size is estimated to be USD 29.1 Billion in 2019 and is expected to reach USD 47.4 Billion by 2025, growing at a compound annual growth rate (CAGR) of 6.3% during the forecast period i.e., 2020-2025.
Increasing Demand for Organic & Natural Ingredients
The demand for organic & natural ingredients used in functional food & beverages, personal care products, and other dietary supplements is growing at a steady rate. Thus, people are changing their lifestyles & diet habits and are adopting healthy products. Moreover, the population in the developing economies are shifting their focus towards organic & natural ingredients over the synthetic ingredients, which is expected to provide immense growth opportunity for the market to grow. Also, the government in developing economies such as China and India are taking initiatives to increase the consumption of bioactive ingredients.
Growing Aging Population
The market for bioactive ingredients is estimated to grow with the rising health concerns and ongoing R&D activities. Its considered that older adults are more inclined to various chronic diseases and, therefore, are advised to follow a healthy diet. Thus, with the increase in the aging population across the globe, the market is expected to grow at a significant rate. Also, the growing incidence of various chronic diseases in the aging population, such as diabetes, cancer, and hypertension, are projected to drive the global market.
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The global market for bioactive ingredients is segmented by ingredient type and application. On the basis of ingredient type, the market is segmented into fiber, probiotics, omega3 fatty acids, phytoextracts, carotenoids, prebiotics & amino acids and others, out of which, probiotics segment is expected to grow at a considerable CAGR over the forecast period, i.e., 2020-2025. Further, it was followed by prebiotics & amino acids segment in terms of market share in 2019.
Based on application, the market is segregated into pharmaceuticals, functional food & beverages, personal care, animal feed and others, out of which, pharmaceuticals segment is anticipated to attain the highest market share in the overall market over the upcoming years. In addition, functional food & beverages segment is envisioned to thrive at a significant CAGR over the forecast period i.e. 2020-2025.
In terms of geography, the report offers an analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In the bioactive ingredients market, Asia Pacific is predicted to capture a significant market share over the forecast period. Further, factor such as increasing spending power and rising awareness about the benefits of bioactive ingredients are envisioned to drive the growth of the Asia Pacific market. Also, the North America market is driven on the back of growing consumer preference for natural & organic ingredients over synthetic ingredients and is anticipated to grow at a notable compound annual growth rate (CAGR) from 2020 to 2025.
The report also covers detailed competitive analysis of major market players of global bioactive ingredients market, such as BASF SE, Archer Daniel Midland Company, Cargill Incorporated, Sabinsa Corporation, Ingredion Incorporated, DuPont, Ajinomoto Co. Inc., Arla Foods, Nuritas Ltd., Mazza Innovation Ltd., Roquette Frères and other major & niche players. The global bioactive ingredients market is witnessing a wide range of industry activities such as product launch, innovation, acquisition, partnership, research & development and expansion across the globe.
By Ingredient Type:
- Omega3 Fatty Acids
- Prebiotics & Amino Acids
- Functional Food & Beverages
- Personal Care
- Animal Feed
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa and Rest of Middle East & Africa)
The report profiles various major market players such as
- BASF SE
- Archer Daniel Midland Company
- Cargill Incorporated
- Sabinsa Corporation
- Ingredion Incorporated
- Ajinomoto Co. Inc.
- Arla Foods
- Nuritas Ltd.
- Mazza Innovation Ltd.
- Roquette Frères
- Other Major & Niche Players
Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development and other market activities).
The study also provides company’s positioning and market share in bioactive ingredients market.
Timeline Considered for Analysis:
- 2019: Base Year
- 2020: Estimated Year
- 2020 to 2025: Forecast Period
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the global bioactive ingredients market by the following segments:
- Ingredient Type
Customization: We also offers customization’s in the industry report as per the company’s specific needs.
Key Questions Answered in the Global Bioactive Ingredients Industry Report
- What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?