Gmi Research's blog : Global Nutraceutical Excipients Market Research Report
Global Nutraceutical
Excipients Market
The GMI Research
forecasts that the Nutraceutical Excipients Market is witnessing an upsurge in
demand over the forecast period. This is mainly due to the increasing health
issues and the growing pace of lifestyle-related diseases.
Introduction of the Nutraceutical Excipients Market
Nutraceuticals excipients refer to the inactive components
made with active pharmaceutical ingredients (API) to standardize
pharmaceutical-grade supplements. These are extensively used in the
nutritional, functional foods and pharmaceutical industry and provide
protection against chronic disease, spine and joint problems.
Key Players of the Global Nutraceutical Excipients Market:
·
Cargill
·
Abf Solutions
·
Kerry
·
Linde
·
JRS Pharma
·
Hilmar Ingredients
·
Roquette Frères
·
Dupont
·
Ingredion
·
Sensient
·
Meggle
·
Innophos
·
IMCD
Nutraceutical Excipients Market Dynamics (including market
size, share, trends, forecast, growth, forecast, and industry analysis)
Growth in the global nutraceuticals excipients market is
primarily driven by the augmenting incidences of cardiovascular diseases, which
include diabetes and heart attacks accompanied by amplification in healthcare
spending. In accordance to the World Health Organization, approximately 463
million people in 2019 suffer from diabetes causing 1.6 Million deaths each
year. Their extensive application to cure these diseases in combination with
physical exercise thus stimulates market growth. In addition, the aggravating
demand for hygienic & fitness and nutritional products like probiotics,
prebiotics, and dietary supplements and rising health awareness among the
people are strengthening the market growth. As per the Institutes for Food
Technologist Organizations, the fortified/functional food sale reached USD 267
Billion in 2019, and in the United States, sales reached USD 63 Billion, which
is increasing rapidly.
On the other hand, the excessive risk for earning returns on
investment in research and developments and the need for a cold storage
facility for expensive transportation will further curb the nutraceuticals
excipients market size.
Nutraceutical Excipients Market Segmentation:
Segmentation
by Functionality
·
Flavouring agents
·
Lubricants
·
Disintegrates
·
Coating agents
·
Binders
·
Fillers and Diluents
Segmentation
by Product
·
Prebiotics and Probiotics
·
Minerals
·
Vitamins
·
Omega-3 Fatty Acids
Segmentation
by Form
·
Dry
·
Liquid
Segmentation
by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About GMI
Research
GMI Research is a market research and consulting company
that offers business sights and market research reports for every enterprise,
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