The Global Bioactive Ingredients Market is anticipated to reach $35.09 billion by 2021 with a Steady CAGR of 7.1% from 2017
Hyderabad, India -- (SBWIRE) -- 01/18/2018 -- According to a new market research report "Bioactive Ingredients Market by Type (Prebiotics, Probiotics, Amino Acids, Peptides and Proteins, Omega 3 & Structured Lipids, Phytochemicals & Plant Extracts, Minerals, Vitamins, Fibers & Specialty Carbohydrates, Carotenoids & Antioxidants and Other Bioactive Ingredients) by Application (Functional Food, Functional Beverages, Dietary Supplements, Animal Nutrition and Personal Care)- Global Forecast to 2022", published by MarketDataForecast™, the market is expected to reach USD 35.09 billion by 2022 from USD 24.9 billion in 2017, at a CAGR of 7.1%. Factors driving the growth of this market include the increasing accessibility, growing geriatric populace and cost effectiveness of the Bioactive Ingredients owing to their higher portability and rapid technological innovation.
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The increasing awareness about the health benefits of bioactive ingredients particularly in their ability to cure lifestyle diseases is the major opportunity for the market in the near future. Severe ailments such as initial stages of cancer, diabetes and arthritis can also be cured by the use of bioactive foods.
Prebiotics are estimated to account for the largest market share in 2017
Based on type the market is segmented into Prebiotics, Probiotics, Amino Acids, Peptides and Proteins, Omega 3 & Structured Lipids, Phytochemicals & Plant Extracts, Minerals, Vitamins, Fibers & Specialty Carbohydrates, Carotenoids & Antioxidants and Other Bioactive Ingredients. Factors driving the growth of this segment include the increasing awareness among the populace about the correct application and consumption of prebiotics.
The phytochemicals and plant extracts segment is expected to dominate the market in 2017
By Application, the market is segmented Functional Food, Functional Beverages, Dietary Supplements, Animal Nutrition and Personal Care. Phytochemicals & plant extracts demonstrate to be the most accepted ingredients with the highest probable growth rate while functional beverages segment is attracting the health-conscious people.
North America is estimated to command the largest share of the market
Based on region, the Bioactive Ingredients Market is segmented into North America, Asia Pacific, Latin America, Europe, and Africa & Middle-East. North America accounts for the largest share of the global bioactive ingredients market, followed by Europe. Factors such as increase in the number of products being commercialized and expansion in curing applications of bioactive foods, are driving the market around the globe.
Key players in the Bioactive Ingredients Market include Arla Foods, Ingredion Incorporated Koninklijke DSM N.V., BASF SE, Ajinomoto Co. Inc., FMC Corporation, Cargill Incorporated, Archer Daniels Midland Company and Roquette.
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
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