Home > Food, Nutrition & Animal Feed > Global Nutraceutical Ingredients Market

Global Nutraceutical Ingredients Market Size by Product (Probiotics {Lactobacilli, Bifidobacterium, Bacillus, Streptococcus, and Saccharomyces (Yeast)}, Prebiotics {FOS, Inulin, GOS, MOS}, Vitamins {Vitamin A, Vitamin C, Vitamin D, Vitamin E, Vitamin K, Vitamin B1, Vitamin B2, Vitamin B6, Vitamin B12, Biotin, Folic Acid and Niacin), Amino Acids {Lysine, Methionine, Threonine, Tryptophan}, Carotenoids {Beta-Carotene, Lutein, Astaxanthin, Canthaxanthin, Lycopene}, Phytochemicals & Plant Extracts {Phytosterols, Flavonoids}, Protein {Plant Proteins, Animal Proteins}, EPA/DHA {Anchovy/Sardine, Algae Oil, Tuna Oil, Cod Liver Oil, Salmon Oi, Krill Oil And Menhaden Oil}, Minerals, and Fiber & Carbohydrates {Cereals & Grains And Fruits & Vegetables), By Application (Functional Food, Functional Beverages, Dietary Supplements, Personal Care And Animal Nutrition), By Form (Dry Form, Liquid Form), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market, 2022- 2028

  • Report ID: GMI2223
  • Published Date: May 2022
  • Report Format: PDF

Industry Overview

Nutraceutical Ingredients Market size was over USD 46.95 Billion in 2021 and is estimated to grow at over 7% CAGR between 2022 and 2028 owing to the increased demand for dietary supplements as well as functional food & beverages. Furthermore, the rising demand for probiotics and protein-rich foods due to increasing health consciousness is expected to propel market growth.

Get more details on this report - Request Free Sample PDF

Nutraceutical ingredients are substances that are added to various functional food & beverages to increase its nutritive value. It also helps to enhance the appearance, taste, as well as sensory qualities of the final food item. Novel products are introduced in the market with rising demand from consumers in terms of taste, flavour, and nutrition. Increasing spending on nutraceutical supplements is also expected to accelerate the nutraceutical ingredients market share in the forecast period.

The significant growth of fiber-rich products along with high nutritional supplement products is boosting the market growth. The increasing occurrences of gastrointestinal diseases, lifestyle diseases, and rising personal care spending will prompt the need for dietetic nutrition. Moreover, consumers’ positive perception toward dietary products coupled with the benefits provided by these products, such as bowel health and control of blood sugar & cholesterol levels, will create lucrative opportunities for the market.

Rising availability of vitamin-based supplements in departmental and other retail stores is the key factor fuelling the nutraceutical ingredients market. These products have a large acceptance among consumers owing to their visible benefits including protection from illness, youthful vigor, and good health. People across various age groups consume dietary supplements to meet their recommended dietary allowances. These supplements are available in different forms such as pills, tablets, powders, capsules, gel caps, and liquids.

Nutraceutical ingredients are increasingly used as essential pet food ingredients and are sprinkled on the extruded dry kibble to improve the palatability and flavors. They are added to pet food products to improve the taste. The rising number of pets and the increasing rate of pet ownership across the U.S. & Canada are boosting the pet food demand.

Surging demand for plant-based protein owing to its rising awareness of health benefits is projected to drive the growth of protein product

Get more details on this report - Request Free Sample PDF

Protein products segment is projected to surpass USD 14.90 billion by 2028 and is projected to show growth of 7% of CAGR from 2022 to 2028 owing to the growing population with special diet needs along with rising concerns regarding the environmental impacts about animal proteins. The perceived & real health benefits of plant proteins are anticipated to boost the plant protein demand. Pea, sacha inchi, rice, hemp, hydrolyzed wheat, sunflower, coconut, potato, pumpkin, and chickpea are plant protein sources.

Incorporating plant proteins in regular diets instead of costly whey & other dairy proteins coupled with environment-friendly images may boost the product demand. Plant proteins have superior characteristics than animal proteins such as allergen & gluten-free, non-genetically modified organisms, and are certified as organic, improving muscle thickness. Stringent norms regarding the usage of protein ingredients coupled with increase in the demand for proteins from health-conscious individuals will enhance the nutraceutical ingredients market.

Increasing consumer spending on nutritional supplement should fuel the product demand from dietary supplements application


Get more details on this report - Request Free Sample PDF

The dietary supplements application segment was around USD 13.05 Billion in 2021 and is projected to exhibit growth at a CAGR of 7.5% in the forecast period. Increasing junk food consumption and low intake of fresh fruits & vegetables, are not providing people with enough nutrition. This lack of balanced diet is causing a rise in the prevalence of nutritional deficiency. To overcome this deficiency, the demand for dietary supplements is on the rise.

The increasing healthcare costs and the rising awareness about pharmaceutical side-effects have shifted people from reactive health care to preventive healthcare practices. The increasing stress levels because of hectic lifestyles and the increased prevalence of heart ailments & obesity should push the product demand further. As more people are focusing on fitness, they are joining gyms and fitness centres, driving the demand for sports supplements.

Rising acceptance of liquid form in functional beverages and personal care products owing to its high compatibility

Get more details on this report - Request Free Sample PDF

The liquid form in the nutraceutical ingredients market was around USD 13.50 billion in 2021 and is projected to exhibit growth at a CAGR of 7.5% in the forecasted period.  Liquid nutraceutical ingredients have a simple manufacturing technique and are cost-effective. Liquid products are easier to ingest as compared to dry products and these factors are helping them accelerate in the foreseeable timeframe.

Liquid form of ingredients have high compatibility with other ingredients and are used in manufacturing beverages, animal nutrition, and personal care products. The increasing consumer disposable income is boosting the demand for personal care products, which will propel liquid segment growth over the forecast period.

Growing elderly population in the region is increasing the demand for supplements and fortified food products, thus escalating the need for nutraceutical ingredients in Asia Pacific

Get more details on this report - Request Free Sample PDF

Asia Pacific nutraceutical ingredients market is projected to cross USD 22.85 billion by 2028 and is projected to grow at a CAGR of over 7.8% during the forecasted period. The increasing consumer consciousness toward weight loss and calorie reduction mainly in China, India, and Japan. Additionally, the shifting trend toward lifestyle changes along with increasing preferences for healthy eating habits is a major factor driving the Asia Pacific market size.

The excessive consumption of alcohol, smoking habits, and junk food intake have resulted in an imbalance in nutritional requirements and has led to a rise in various diseases including obesity, diabetes & cardiac diseases, thereby leading to the high demand for nutraceutical ingredients in the region. The rising per capita disposable income along with processed food consumption will drive the nutraceutical ingredients market growth.

The increasing purchasing power of buyers has provoked consumers to adopt health-conscious food and healthy diets, which will further drive the regional industry growth. The rising elderly population along with consumer spending on healthcare products & medicines has enhanced the nutraceutical industry growth in the Asia Pacific region.

New product development and launch to accelerate nutraceutical ingredients market competitiveness

The global nutraceutical ingredients industry is competitive in nature. Key manufacturing companies operating in the industry include Archer Daniels Midland Company (ADM), BASF, Arla Foods, Roquette Freres, Cargill, DSM, Ingredion, Tate & Lyle. The market players are implementing acquisition and expansion strategies to increase the market share and tap the growth opportunities in the market.

For instance, in March 2022, Tate & Lyle had an agreement for the acquisition of Quantum Hi-Tech Biological, which is a prebiotic dietary fiber business in China, of ChemPartner Pharmatech for a value of USD 237 million. The strategic acquisition was aimed to strengthen the company’s dietary fiber market in China and Asia.

In February 2022, ABF Ingredients, a subsidiary of Associated British Foods acquired Fytexia Group, which is a developer of active ingredients for various dietary supplements. The strategic acquisition was aimed to expand ABFI’s product portfolio in the nutritional, pharmaceutical, and food sectors.

Global nutraceutical ingredients market report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons, and revenue in USD Million from 2022 to 2028 for the following segments:

By Product

  • Probiotics
    • Lactobacilli
    • Bifidobacterium
    • Bacillus
    • Streptococcus
    • Saccharomyces (Yeast)
    • Others
  • Prebiotics
    • Fructo-oligo saccharide (FOS)
    • Inulin
    • Galacto-oliogo saccharide (GOS)
    • Mannan-oligo saccharide (MOS)
    • Others
  • Vitamins
    • By Source
      • Synthetic
      • Natural
        • Plant products
        • Animal products
    • By Product
      • Vitamin A
      • Vitamin C
      • Vitamin D
      • Vitamin E
      • Vitamin K
      • Vitamin B1
      • Vitamin B2
      • Vitamin B6
      • Vitamin B12
      • Biotin
      • Folic acid
      • Niacin
  • Amino acids
    • By Source
      • Plant sources
      • Animal sources
        • Meat
        • Dairy
        • Poultry
        • Eggs
        • Fish
      • Microbial sources
    • By Product
      • Lysine
      • Methionine
      • Threonine
      • Tryptophan
  • Carotenoids
    • By Source
      • Microbial sources
      • Plant material
      • Chemicals
    • By Product
      • Beta-carotene
      • Lutein
      • Astaxanthin
      • Canthaxanthin
      • Lycopene
      • Others
  • Phytochemicals & plant extracts
    • By Source
      • Vegetables
      • Fruits
      • Grains
      • Others
    • By Product
      • Phytosterols
      • Flavonoids
      • Others
  • Protein
    • By Product
      • Plant proteins
        • Wheat protein
        • Soy protein concentrates (SPC)
        • Soy protein isolates (SPI)
        • Textured soy protein
        • Pea protein
        • Canola protein
        • Others
      • Animal proteins
        • Egg protein
        • Milk protein concentrates/isolates
        • Whey Protein Concentrates (includes WPC 80 and WPC35)
        • Whey protein hydrolysates (WPH)
        • Whey protein isolates (WPI)
        • Gelatin
        • Casein/Caseinates
    • By Source
      • Anchovy/sardine
      • Algae oil
      • Tuna oil
      • Cod liver oil
      • Salmon oil
      • Krill oil
      • Menhaden oil
  • Minerals
  • Fiber & carbohydrates
    • By Source
      • Cereals & grains
      • Fruits & vegetables
  • Others

By Application

  • Functional food
  • Functional beverages
  • Dietary supplements
  • Personal care
  • Animal nutrition

By Form

  • Dry form
  • Liquid form

By Region

  • North America 
    • U.S
    • Canada
    • Mexico
  • Europe 
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Poland
    • Netherland
    • Belgium
  • Asia Pacific 
    • China
    • Japan
    • India
    • South Korea
    • Thailand
    • Australia
    • Malaysia
  • Latin America 
    • Brazil
    • Argentina
  • Middle East and Africa 
    • Saudi Arabia
    • UAE
    • South Africa

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Nutraceutical ingredients market is slated to surpass USD 75.10 billion by 2028 and is expected to expand at a CAGR of 7% from 2022 to 2028 considering the escalated demand for functional food & beverages and dietary supplements.
The market revenue from protein products is anticipated to surpass USD 14.90 billion until 2028 driven by the rising population with special diet requirements.
Asia Pacific nutraceutical ingredients market is estimated to cross USD 22.85 billion by 2028 owing to the increasing consumer consciousness toward weight loss.
Prominent companies in the nutraceutical ingredients industry comprise Cargill, BASF, DSM, Arla Foods, Tate & Lyle, Ingredion, and others.

Buy Now

Immediate Delivery Available

Premium Report Details

  • Base Year: 2021
  • Companies covered: 23
  • Tables & Figures: 1649
  • Countries covered: 24
  • Pages: 1170
  • Upcoming Report: Details can be customized to meet your information and data needs. Feel free to share your detailed research requirements via this form.

Get a report that explains COVID-19 impact on this market

 Request Free Sample

Budget constraints? Get in touch with us for special pricing

Request Discount