Nutraceutical Ingredients Market Segmented By Size, Share, Trends and Forecast till 2025 Nutraceutical ingredients are substances that aid in adding nutritive value to the diet. Nutraceutical ingredients are used in various end-use industries such as food & beverages, pharmaceuticals, personal care, and animal feed. Increasing awareness about healthy diet, which includes vitamins, proteins, minerals, fibers, and others is major factor driving growth of the global nutraceutical ingredients market. Moreover, increasing use of nutraceutical ingredients in pharmaceutical drugs, owing to its properties such as anti-aging, prevention in chronic diseases, cancer, and health improvement is expected to drive growth of the market. Antioxidant property of nutraceutical ingredients such as phytochemicals aid in prevention of cancer. According to World Cancer Report, the prevalence of cancer is anticipated to increase by 50%, which is around 15 million cases by 2020. Request For Sample Copy of this Research Report :https://www.coherentmarketinsights.com/insight/request-sample/1080 However, high cost of these ingredients is expected to restrain growth of the nutraceutical ingredients market.Among product ingredients, fibers & specialty carbohydrates held a dominant position in the global nutraceutical ingredients market in 2016. Increasing number of new products, which are rich in omega-3 & fibers is expected to contribute to significant growth of Omega-3 fatty acid segment over the forecast period. For instance, in 2011, the Kashi Company launched Kashi waffles, 7 Grain Waffles and Blueberry Waffles that are rich in omega-3 and fibers. In 2012, Abbott’s Company’s Zoneperfect brand introduced a line of nutritive bars named Perfectly Simple. These bars have ingredients such as vitamins, proteins, minerals, and others. By application, functional beverages accounted for the largest market segment in the nutraceutical ingredients market in 2016 with a revenue of US$ 10.51 billion. This is owing to the burgeoning growth in consumption of energy drinks & enhanced drinks, majorly by millennials, globally. According to National Centre for Complementary and Integrative Health, males consume most of the energy drinks between age of 18 and 34. . Functional beverages contain probiotics as nutraceutical ingredients and consumption of these aids in improving gut health, immune system, etc. For More Information:https://tinyurl.com/yx8kdv72 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]
North America has witnessed to be the second largest nutraceutical ingredients market in 2016. U.S. is expected to be the major market in this region over the forecast period.
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