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The bioactive ingredients market size has the potential to grow by USD 13.58 billion during 2020-2024, and the market’s growth momentum will accelerate throughout the forecast period because of the steady increase in year-over-year growth.
This bioactive ingredients market research report analyzes the market’s competitive landscape and offers information on several market vendors including Archer Daniels Midland Co., BASF SE, Cargill Inc., DuPont de Nemours Inc., Herbalife Nutrition Ltd., Koninklijke DSM NV, Lonza Group Ltd., Nature's Sunshine Products Inc., Nestlé SA, and Roquette Frères SA. Also, the report provides a detailed analysis of the market by type (fibers, vitamins, omega-3 PUFA, plant extracts, minerals, carotenoids and antioxidants, probiotics, and other types), application (dietary supplements, functional foods and beverages, personal care, and animal nutrition), and geography (APAC, Europe, MEA, North America, and South America).
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The bioactive ingredients market is fragmented, and the degree of fragmentation will increase during the forecast period. The growth of organized retailing will help market vendors in expanding their customer base in the bioactive ingredients market. Archer Daniels Midland Co., BASF SE, and Cargill Inc. are some of the major market participants.
The accelerating growth momentum will create immense growth opportunities for market vendors. However, challenges such as the stability concerns regarding bioactive ingredients will impede the growth of the market participants. To boost the bioactive ingredients market demand, companies should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
This bioactive ingredients market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies which will help clients improve their market position. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this report includes information on the upcoming bioactive ingredients market trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This bioactive ingredients market analysis report provides information on the production, sustainability, and prospects of several leading bioactive ingredient companies, including:
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APAC is one of the largest markets for bioactive ingredients, and the region will offer the maximum growth opportunities to market vendors during the forecast period. The strong presence of end-user industries and the rising consumption of bioactive ingredients such as probiotics are some of the significant factors contributing to the bioactive ingredients market growth in this region.
Over 37% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for bioactive ingredients in APAC. Market growth in this region will be faster than the growth of the market in other geographies.
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Bioactive ingredients, such as vitamins, minerals, fibers, plant extracts, and prebiotics, are used in dietary supplements. The increasing spending on preventative healthcare options, the rising geriatric population, and the growth of e-commerce sales channels are some of the factors boosting the demand for bioactive ingredients in dietary supplement applications.
However, market growth in this segment will be slower than the growth of the market in the functional foods and beverages and personal care segments. This report provides an accurate prediction of the contribution of all the bioactive ingredients market segmentation.
The increasing spending by the aging population on dietary supplements will be a significant factor driving the growth of the bioactive ingredients market. The demand for dietary supplements is increasing from the aging population. The proper intake of dietary supplements, such as vitamins and minerals, delay the onset of various diseases and disorders in the geriatric population. The rising geriatric population can be attributed to better medical care and facilities, which have increased the average lifespan of people worldwide. As a result, supplement manufacturers are increasingly targeting this consumer segment by providing specialized products for age-related disorders, such as supplements for heart and bones. The increasing awareness about the nutritional benefits of vitamin and mineral premixes among consumers has also boosted the demand for fortified and enriched dietary supplements. These factors are expected to fuel the growth of the bioactive ingredients market size during the forecast period.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY APPLICATION
PART 09: GEOGRAPHIC LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
PART 16: EXPLORE TECHNAVIO
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