The bioactive ingredients market is estimated to attain a market size of US$50.866 billion in 2026, from US$34.331 billion in 2019, growing at a CAGR of 5.78%. Bioactive ingredients or Bioactive compounds are supplementary bio-molecules that are found in food or dietary supplements other than essential nutrients which alters the wellbeing status of the health.
Bioactive aids to adapt one or more metabolic progression for superior health and has a therapeutic impact effect on living tissue. Bioactive ingredients are formed as cutting-edge innovation, demonstrated research techniques, and strong science to produce the elements which could restore, support, and nourish the structure and function of the skin and are found in the forms such as thiolated or hydroxylated, esterified, and glycosylated. The bioactive ingredients are safe for consumption and better for the environment and are useful for the numerous metabolic activities and beneficial effects in the cure of cardiovascular disease, diabetes, cancer, and macular degeneration. Bioactive ingredients also aid in the cure of the diseases caused by the insufficient intake of nutritional food and lack of balanced diets such as malnutrition, rickets, and anemia.
The rise in the concerns of health and increase in consciousness regarding the type and source of the food and beverages is driving the global market of bioactive ingredients. Consumers are getting more aware of the benefits of bioactive ingredients to maintain a healthy diet. The manufacturers are getting motivated and investing in the research and development for innovation and to achieve the competitive edge over others which is further boosting the market growth of the bioactive ingredients market. Further factors boosting the global market growth of bioactive ingredients include a greater focus on fitness, rising per capita income, advanced health care, and urbanization, especially of the emerging economies. The players of the market are adopting technological advancements such as microencapsulation to protect the bioactive ingredients from oxidation and unwanted reaction. Furthermore, the rise in the concerns related to the allergies caused by the added substances is leading to an increase in the demand for organic food as it may reduce the risk of allergic reaction and evidence. However, the evidence is not conclusive due to the residual confounding as the consumers of organic food are witnessed to have a healthier lifestyle.
Application Segment Analysis:
The bioactive ingredients market by application is segmented as Personal care, Functional food & beverages, Dietary supplements, Animal Nutrition, and other products. Functional food and beverage hold the largest share in the market of bioactive ingredients due to the health benefits of the bioactive ingredients. The ingredients of the functional food and beverages are rich in minerals, fibers, and vitamins and have low calorific value. Due to progressive health, the consumers are seeking alternatives. Bioactive ingredients may naturally occur such as fatty acids in the milk or are produced in a certain environment such as controlled fermentation of the vegetable matter to produce alcohol. Bioactive compounds are capable of modulating the process of metabolic and also demonstrate the properties such as inhibition or induction of enzymes, receptor activities, or gene expression. The players of the market of bioactive ingredients are demanding suitable solutions which can increase productivity and provide a better quality of the final products. With the advancement of technology, bioactive ingredients are widely used in many new areas of human health besides their current use.
The global bioactive ingredients market based on region is segmented as North America, South America, Asia, Europe, and Middle East & Africa.
The Asia Pacific dominated the market in 2019 followed by North America. Asia Pacific region is expected to drive the global market of bioactive ingredients on account of rapid urbanization, rise in disposable income, and changing preference of the consumers towards a healthy diet. The increased demand among the population for dietary supplements and functional foods as the major population of the region are concerned about the consumption of healthy nutrients and thus the availability of the biotech process such as bioconversion, microbial fermentation, and plant tissue culture is enabling the conversion of the ingredients of the food and vegetables to the flavors that have nutritional value. These factors are boosting the market growth of the bioactive ingredients market in the region.
Whereas, North America is expected to increase at higher CAGR during the forecasted period on account of the rise in the awareness among the consumers regarding food contents and food additives effects. The consumers in the region are shifting their demand towards a healthier lifestyle and are adopting health and wellness food products which are further fuelling the demand for bioactive ingredients in this region.
|The market size value in 2019||US$34.331 billion|
|The market size value in 2026||US$50.866 billion|
|Growth Rate||CAGR of 5.78% from 2019 to 2026|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Types, Applications, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, MEA, Asia Pacific|
|Companies covered||Mazza Innovation Ltd, DuPont, Cargill, Incorporated, BASF SE, ADM, DSM, Kara Vita, Nuritas Limited, Sabinsa, Š Owen Biosciences, Inc|
|Customization scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What is the size of global bioactive ingredients market?
A1. Bioactive Ingredients market was valued at US$34.331 billion in 2019.
Q2. What are the growth prospects for bioactive ingredients market?
A2. The global bioactive ingredients market is estimated to grow at a CAGR of 5.78% during the forecast period.
Q3. What will be the bioactive ingredients market size by 2026?
A3. The global bioactive ingredients market is estimated to reach a total market size of US$50.866 billion by 2026.
Q4. What factors are anticipated to drive the bioactive ingredients market growth?
A4. The rise in the concerns of health and increase in consciousness regarding the type and source of the food and beverages is driving the global bioactive ingredients market.
Q5. Which region holds the largest market share in the bioactive ingredients market?
A5. Asia Pacific region is expected to hold a significant share in the bioactive ingredients market on account of rapid urbanization, rise in disposable income, and changing preference of the consumers towards a healthy diet.