Infinium Global Research Nutraceutical Ingredients Market | Page 2

A latest report has been added to the wide database of Nutraceutical Ingredients Market by Infinium Global Research. This report
studies the Nutraceutical Ingredients Market by type (probiotics, proteins, amino acid, vitamins, minerals, carotenoids), by application
(functional, animal nutrition), by form (dry, liquid, semi-solid), by health benefit (gut, bone, immunity, nutrition, weight management)
market status and outlook of global and major regions, from manufacturers, and end industries. The objective of the study is to
identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. Nutraceutical
Ingredients Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive
landscape, latest trends, and product offerings of the major companies in the Nutraceutical Ingredients Market
Nutraceutical means a fortified food or dietary supplement that provides health benefits in addition to its basic nutritional value.
However, it is used to describe any product derived from food sources with extra health benefits. Nutraceuticals can be classified
based on their natural sources, pharmacological conditions and chemical constitution of the product. The term nutraceutical was
coined combining two words i.e. nutrient and pharmaceutical. Nutraceutical products have gained noticeable interest due to their
potential nutritional, safety and therapeutic effects. Furthermore, nutraceutical products play a major role in a plethora of biological
process including cell proliferation, antioxidant defenses and gene expression.
Market Insights
The Global Nutraceutical Ingredients Market was sized over USD 25 billion in 2016. The global nutraceutical ingredients market is
projected to grow with a CAGR of 7.0% during 2018-2024. Increasing chronic diseases due to the fast-phased lifestyle of consumer
results in rising awareness in healthy diet is the prime factor driving the growth of global nutraceutical ingredients market.
Furthermore, rising use of nutraceutical ingredients in pharmaceutical drugs due to its properties such as anti-aging, proper body
functioning and health improvement will drive the nutraceutical ingredient market globally.
Moreover, increasing use of nutraceutical ingredients in food and beverages application and dietary supplement is anticipated to
further drive the global nutraceutical ingredients market over the forecast period. However, high price of nutraceutical ingredients and
improper balance in demand and supply as well as undefined regulatory guidelines are the key factors restraining the growth of global
nutraceutical ingredients market over the forecast period. Hence, increasing use of nutraceutical ingredient in animal nutrition and
increasing demand for these ingredients from the cosmetics application will bring more opportunities to the global nutraceutical
ingredients market over the forecast period.