Nutraceutical Excipient Market
Opportunity Analysis, 2018- 2026
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Trends
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Nutraceuticals are dietary supplements that assist in the treatment and prevention of diseases
and enhance the performance of pharmaceutical and food products. Various food structures and
their compositions are formed by using nutraceutical excipients that enhance the bioavailability
of nutraceuticals containing therapeutic products. The major scope for this market is in food
industry. Increasing investment of domestic manufactures is expected to boost growth of the
market for nutraceutical excipients.
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The Global Nutraceutical Excipients – Market Dynamics
Nutraceutical excipients have improved functionalities that improve manufacturing processes of
pharmaceutical dosage forms. Such benefits of nutraceutical excipients are expected to boost
growth of the market. Moreover, increasing geriatric population in economies such as India and
China is expected to boost growth of the market. According to the Central Intelligence Agency’s
report in July 2018, the percentage of geriatric population in India and China is expected to
13.69% and 21.56%, respectively by 2022. Sedentary lifestyle increases risk of chronic diseases
such as obesity, which in turn boosts the uptake of nutraceuticals and thereby drives the
market growth. According to World Health Organization’s (WHO) 2002 report, around 60% -
80% people worldwide lead a sedentary lifestyle.
The Global Nutraceutical Excipients Market – Regional insights
Asia Pacific is expected to hold dominant position in the global market for nutraceutical
excipients, owing to growing pharmaceutical manufacturing. According to The Economist
Intelligence Unit Report 2012, key players such as Merck & Co. and other global pharmaceutical
companies are focusing on expansion in Asia Pacific to lower their production cost. This in turn
is expected to boost growth of the global nutraceutical excipient market in Asia Pacific. North
America is expected to account for the second largest market share in the global nutraceutical