San Francisco, 23
November 2018: The global bioactive ingredient market is
expected to reach USD 51.71 billion by 2024, according to a new report by Grand
View Research, Inc. Increasing disposable income coupled with growing health
awareness among consumers is expected to aid the market growth. Their
functional properties are capable of acting on the human metabolism physiology
by providing potential health benefits.
The extraction of these bioactive compounds
from original sources provides ample opportunities for adding value to food
products and also improves the dietary patterns of the changed consumer’s
lifestyle. They also help in preventing diseases related to heart, cancer,
degenerative forms and Alzheimer’s.
Marine environment is a significant source
for yielding bioactive components. Consumption of long-chain fatty acids by
some fish species is strongly associated with protection from coronary heart
diseases (CHD). Fish Origin Omega 3 PUFA oil are claimed to have a lot of
health benefits related to a person’s diet.
Recently, it has been reported that there
is an increasing demand for fish oils and fish oil fortified products across
various regions. Marine organisms are potentially identified for calcium,
antioxidants, anti-hypertensive proteins, selenium, and chitin. Their usage in
functional food segment is regarded as the most important part and is expected
to affect the overall market over the next eight years.
However, extraction of medicines derived
from plants is affecting the environment by causing deforestation and is
expected to affect the industry critically over the forecast period. Also, to
meet the rising consumer's interest for these products, manufacturers is
putting a lot of pressure on the marine organisms.
Recent technological advances such as
microencapsulation are adopted for protecting bioactive ingredients from
unwanted reactions and oxidation. There is a rising demand among manufacturers
to find suitable solutions that provide higher productivity and adequate
quality of the final products.
Access
Research Report of Bioactive Ingredients Market @:
Further key findings from the report suggest:
· Fibers were the leading product segment and
accounted for over 25% of global revenue in 2015. The effectiveness of fibers
and rising awareness regarding its benefits are the primarily attributed
reasons for this scenario.
· Functional food & beverage product
segment is expected to witness the highest CAGR of 7.4% over the forecast
period. The consumers owing to its potential health benefits prefer this
segment.
· Asia Pacific was the leading consumer and
accounted for over 35% of total revenue in 2015. The region is also expected to
witness the highest growth of 7.5% over the next eight years. Changing
lifestyle coupled with rising health consciousness among people particularly in
China and India is drive the regional growth.
· Key industry participants include Mazza
Innovation Ltd., Sabinsa Corporation, Ingredion Incorporated, BASF, Cargill
Inc, Ajinomoto Co. Inc, Archer Daniel Midland Company and DuPont.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has
segmented the bioactive ingredient market on the basis of product, application
and region:
Global Bioactive Ingredients Product
Outlook (Revenue, USD Billion, 2014 - 2024)
·
Fiber
·
Vitamins
·
Omega 3 PUFA
·
Plant extracts
·
Minerals
·
Carotenoids & antioxidants
·
Probiotics
·
Other types
Global Bioactive Ingredients Application
Outlook (Revenue, USD Billion, 2014 - 2024)
·
Functional food & beverages
·
Dietary supplements
·
Clinical Nutrition
·
Personal care
·
Other products
Global Bioactive Ingredients Regional
Outlook (Revenue, USD Billion, 2014- 2024)
·
North America
o
U.S.
·
Europe
o
Germany
o
UK
o
France
·
Asia Pacific
o
China
o
India
·
Central & South America
·
Middle East & Africa
Access Press Release of
Bioactive Ingredients Market@ www.grandviewresearch.com/press-release/global-bioactive-ingredients-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
