Health Ingredients Market Analysis

Health ingredients Market Analysis

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Based on source, the health ingredients market is segmented as plant based, animal based, microbial based, synthetic. Plant based held a majority market value of USD 32.5 billion in 2022. The increasing adoption of plant-based diets and flexitarian lifestyles is driving demand for health ingredients sourced from plants, such as plant-based proteins, fibers, and antioxidants.
 

Based on end-use, the health ingredients market is segmented as adults, children & infants, elderly. Adults held a dominant market share of around 40% in 2022. Adults are increasingly adopting proactive approaches to health and wellness. They seek health ingredients that support overall well-being and preventive health measures, such as vitamins, minerals, antioxidants, and probiotics.
 

Based on product type the health ingredients market is segmented as vitamins, minerals, probiotics, prebiotics, omega-3 fatty acids, proteins and amino acids, whey protein, casein protein, plant-based proteins, fiber, enzymes, antioxidants, sweetners, plant extracts. Vitamins segment is anticipated to grow at 6.2% CAGR by 2032. The demand for vitamins and minerals supplements is driven by adults seeking preventive health measures and support for overall well-being. Adults use these supplements to address specific health concerns related to aging, such as bone health, immune support, and cognitive function.
 

Based on function the health ingredients market is segmented as immune health, digestive health, bone and joint health, heart health, weight management, cognitive health, skin health, energy and endurance, sleep and relaxation, stress management, metabolic health, anti-inflammatory, others. The demand for health ingredients with immune-supporting properties is driven by consumers' concerns about maintaining a strong immune system, especially during times of seasonal challenges or health crises.
 

Based on function the health ingredients market is segmented as Functional Foods, Dietary Supplements, Sports Nutrition, Infant Nutrition, Medical Nutrition, Beverages, Bakery and Confectionery, Personal Care and Cosmetics, Pharmaceuticals, Animal Feed, Others. Functional foods and beverages incorporating health ingredients offer convenient, on-the-go nutrition with added health benefits.
 

U.S. dominated the North American region with majority health ingredients market share and a revenue of USD 24billion in 2022. The increasing awareness of health and wellness among consumers in North America is a significant driver for health ingredients. Consumers are seeking products that offer added nutritional benefits and support their overall well-being.