Bioactive Ingredients and Product Market
Bioactive Ingredients and Product Market Size, Share & Trends Analysis Report by Application (Functional food, Functional beverages, Dietary supplements, Animal nutrition), by Type (Prebiotics, Probiotics, Amino acids, peptides & proteins, Omega 3 & structured lipids), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)
|Bioactive Ingredients and Product Market Forecast Year:||2022 - 2028|
|Bioactive Ingredients and Product Market Historical Year:||2016 - 2021|
|Bioactive Ingredients and Product Market 2021:||USD 35.9 Billion|
|Bioactive Ingredients and Product Projected Market 2028:||USD 52.3 Billion|
|Bioactive Ingredients and Product Market CAGR:||6.50%|
|Fastest Growing Region:||Asia Pacific|
|Largest Region:||North America|
Global Bioactive Ingredients and Product Market valued at USD 35.9 Billion in 2021 and is projected to reach a value of USD 52.3 Billion by 2028 at a CAGR of 6.50% over the forecast period.
The Bioactive Ingredients and Product Market is witnessing growth due to the increasing awareness and healthcare concerns among consumers. Peoples nowadays are turning towards healthy food that achieve the necessity of essential nutrients in the body which is driving the growth of the Bioactive Ingredients and Product Market during the forecast period. Cosmeceuticals are the rising concept that syndicates bioactive ingredients with personal care, and the manufacturers are also considering the accessibility factor for consumers that provides them healthy nutrients in the form of healthy food and beverages instead of supplements. Additionally, animal nutrition is growing with the rising meat and milk market, and the manufacturers are gaining more output from animals when nutritious ingredients are used in animal feed which is fueling the growth of Bioactive Ingredients and Product Market. However, the growth prospect of Bioactive Ingredients and Product is very high in the coming years owing to the participation of different herbal ingredients that tends to achieve the trust of consumers in the emerging nations. However, the fluctuating production and material costs and lack of safety controls during the manufacturing process are the major factors hampering the Bioactive Ingredients and Product Market.
Market Size Provided for Years
Region & Counties Covered
Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST
analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market
attractiveness analysis by segments and North America, company market share analysis, and COVID-19
The Bioactive Ingredients and Product Market is segmented on the basis of application, and type. Based on application the market is segmented as functional food, functional beverages, dietary supplements, animal nutrition, and personal care. On the basis of type, the market is segmented as prebiotics, probiotics, amino acids, peptides & proteins, omega 3 & structured lipids, phytochemicals & plant extracts, minerals, vitamins, fibers & specialty carbohydrates, carotenoids & antioxidants, and others.
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The Phytochemicals and Plant Extracts Segment is Projected to Dominate the Market During the Forecast Period
On the basis of type, the phytochemicals and plant extracts segment are expected to hold the largest market share during the forecast period. The growth of this segment is attributed to the increased demand for plant extracts and phytochemicals, rising dependency on plant-based products, along with the increasing awareness among the consumers about its advantageous benefits.
Personal Care Application to Hold a Major Share in the Segment
Based on application, the personal care segment holds the largest share of the Bioactive Ingredients and Product Market during the forecast period. The increasing number of chronic diseases, aging population, and rising healthcare concerns are the major factors driving the growth of the personal care segment in the market. Moreover, it is technically named cosmeceuticals, which includes nutritious and healthy ingredients to treat hairs, skin, etc.
North America Acquires the Largest Share in the Global Bioactive Ingredients and Product Market
North America is expected to witness profitable growth during the forecast period. The growth of North America is mainly attributed to rising awareness among people and physicians associated with the usage of bioactive foods and beverages in North America. Moreover, the production and consumption of bioactive ingredients are increasing in North America.
The Asia Pacific Region is Projected to be the Fastest-Growing Region During Forecast Period
Asia Pacific is expected to be the fastest-growing region in the Bioactive Ingredients and Product Market during the forecast period. The growth of Asia Pacific Market is mainly attributed to the increasing demand for functional ingredients among population. Asian countries such as Japan involves increased in geriatric population and chronic diseases are expected to drive the growth of the Bioactive Ingredients and Product Market in the Asia Pacific during the forecast period.
The Global Bioactive Ingredients and Product Market is highly fragmented in nature due to the strong presence of major players in the market. The key market players are relying on the innovation of products as a prime strategy to increase their consumer base in the market. Some of the major key players in the market are Archer Daniel Midland, Cargill, BASF SE, AJINOMOTO CO, Arla Foods, FMC Corporation, Ingredion Incorporated, Mazza Innovation Ltd., Roquette, Sabinsa Corporation.
Segmentation of Bioactive Ingredients and Product Market:
By Application-(Revenue- USD Million, 2016-2028)
· Functional beverages
· Dietary supplements
· Animal nutrition
· Personal care
By Type-(Revenue- USD Million, 2016-2028)
· Amino acids, peptides & proteins
· Omega 3 & structured lipids
· Phytochemicals & plant extracts
· Fibers & specialty carbohydrates
· Carotenoids & antioxidants
• The US
• The UK
• Rest of Europe
• South Korea
• South East Asia
• Rest of Asia Pacific
• Rest of Latin America
Middle East & Africa-
· GCC Countries
· South Africa
· Rest of Middle East and Africa
Frequently Asked Questions
the global demand for Bioactive Ingredients and Product
in terms of revenue?
The global Bioactive Ingredients and Product valued at USD 35.9 Billion in 2020 and is expected to reach USD 52.3 Billion in 2028 growing at a CAGR of 6.50%
are the prominent players
in the market?
The prominent players in the market are Archer Daniel Midland, Cargill, BASF SE, AJINOMOTO CO, Arla Foods, FMC Corporation, Ingredion Incorporated, Mazza Innovation Ltd., Roquette, Sabinsa Corporation.
At what CAGR is the market projected to grow within the forecast period?
The market is project to grow at a CAGR of 6.50% between 2021 and 2028.
the driving factors
fueling the growth of the market.
The driving factors of the Bioactive Ingredients and Product include
- Increasing Consumer Awareness
region accounted for the
largest share in the market?
North America was the leading regional segment of the Bioactive Ingredients and Product in 2020.