Bioactive Ingredients and Product Market

Market Snapshot

Forecast Years for Bioactive Ingredients and Product Market:	2022 - 2028
Historical Years for Bioactive Ingredients and Product Market:	2016 - 2021
Revenue 2021 for Bioactive Ingredients and Product Market:	USD 35.9 Billion
Revenue 2028 for Bioactive Ingredients and Product:	USD 52.3 Billion
Revenue CAGR (2022 - 2028) for Bioactive Ingredients and Product Market :	6.50%
Fastest Growing Region (2022 - 2028) for Bioactive Ingredients and Product Market:	Asia Pacific
Largest Region (2021) for Bioactive Ingredients and Product Market:	North America

Market Synopsis:

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.

Parameter	Details
Segments Covered	Application (Functional food, Functional beverages, Dietary supplements, Animal nutrition, Personal care) Type (Prebiotics, Probiotics, Amino acids, peptides & proteins, Omega 3 & structured lipids, Phytochemicals & plant extracts, Minerals, Vitamins, Fibers & specialty carbohydrates, Carotenoids & antioxidants, Others) Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
Regions & Countries Covered	North America - (U.S., Canada, Mexico) Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe) Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific) Latin America - (Brazil, Argentina, Rest Of Latin America) Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered	Archer Daniel Midland Cargill BASF SE AJINOMOTO CO Arla Foods FMC Corporation Ingredion Incorporated Mazza Innovation Ltd. Roquette Sabinsa Corporation
Report Coverage	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 impact analysis

Market Segmentation:

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.

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.

Competitive Landscape:

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 food

· Functional beverages

· Dietary supplements

· Animal nutrition

· Personal care

By Type-(Revenue- USD Million, 2016-2028)

· Prebiotics

· Probiotics

· Amino acids, peptides & proteins

· Omega 3 & structured lipids

· Phytochemicals & plant extracts

· Minerals

· Vitamins

· Fibers & specialty carbohydrates

· Carotenoids & antioxidants

· Others

By region- (Revenue- USD Million, 2016-2028)

North America-

• The US

• Canada

• Mexico

Europe-

• Germany

• The UK

• France

• Italy

• Spain

• Rest of Europe

Asia-Pacific-

• China

• Japan

• India

• South Korea

• South East Asia

• Rest of Asia Pacific

Latin America-

• Brazil

• Argentina

• Rest of Latin America

Middle East & Africa-

· GCC Countries

· South Africa

· Rest of Middle East and Africa