Bioactive Ingredients Market: Bioactive ingredients improve several metabolic activities and have advantageous effects on many lifestyle related diseases
Bioactive Ingredients Market Size, Share and Growth.
Bioactive Ingredients Market was worth $30.6 billion in 2019 and estimated to be growing at a CAGR of 7.17%, to reach $43.2 billion by 2024.
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Bioactive Ingredients Market Overview:
Bioactive ingredients improve several metabolic activities and have advantageous effects on many lifestyle related diseases. Bioactive compounds are broadly used due to its superior quality essential for cure of diseases. These mixtures can easily cure chronic or incurable diseases such as diabetes, cancer (at initial stages) and arthritis. Bioactive food categories have been gaining substantial attention due to aforementioned health benefit propositions.
Bioactive Ingredients Market Drivers and Restraints:
Bioactive industry is continuously expanding because of augmented consumer awareness and health related fears. Factor such as elderly population is creating market opportunities for bioactive ingredients globally. The enhancement in the quality of ingredients with clinically approved ingredients and products arriving into the market is attaining trust of the consumers and is a major factor driving the bioactive ingredients market. In most of the countries, people are not aware of the idea of functional food and beverages which is acting as a restraint for the growth of the market.
Report segmented as
- Amino Acids
- Peptides And Proteins
- Omega 3 & Structured Lipids
- Phytochemicals & Plant Extracts
- Fibers & Specialty Carbohydrates
- Carotenoids & Antioxidants
- Functional Food
- Functional Beverages
- Dietary Supplements
- Animal Nutrition
- Personal Care
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Geographically the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. The Asia-Pacific region is the leading market with growing population, urbanization, and disposable income in countries such as India and China.
Important Market Players:
Some of the key players functional in bioactive ingredients market consist of Arla Foods, Ingredion Incorporated Koninklijke DSM N.V., BASF SE, Ajinomoto Co. Inc., FMC Corporation, Cargill Incorporated, Archer Daniels Midland Company and Roquette.
The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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