The global bioactive ingredients market was valued at US$29.831 billion in 2017 and is expected to grow at a CAGR of 6.61% to reach a market size of US$41.081 billion by the year 2022. Bioactive compounds or bioactive ingredients are necessary constituents found in foods or dietary supplements other than essential nutrients which alters the wellbeing status of the health. Bioactive ingredient has a therapeutic impact effect on living tissue. Bioactive ingredients are formed as cutting edge innovation, strong science, and demonstrated research techniques in order to produce elements which could restore, support and nourish the structure and function of the skin. The bioactive ingredients are safe for consumption and better for the environment.
The global market for bioactive ingredients is expected to be driven by factors including rising health concerns and increasing awareness about the benefits of bioactive ingredients. The people are becoming more aware regarding the types and source of food and beverages they should have in order to maintain a healthy diet. In addition to this, continuous product innovation and ongoing R&D by manufacturer in order to achieve competitive edge over others further contributes to the market growth significantly. The rising per capita income in emerging countries like BRICS coupled with rising spending capacity of people propels the bioactive ingredients market growth. However, lack of proper regulation and guidelines do hampers the market growth.
Asia Pacific region is expected to drive the global market of bioactive ingredients on account of increased demand among population for dietary supplements and functional foods as the major population is beauty conscious. Apart from increasing population of beauty conscious people, the phenomenon of increasing disposable incomes in the region is also influencing the market growth of APAC region.
Firstly, the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next, the section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Bioactive Ingredients. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Thirdly, Bioactive Ingredients Market has been segmented on the basis of types, application and geography as follows:
Omega 3 PUFA
Functional food & beverages
Europe Middle East and Africa
Middle East and Africa
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Kara Vita, Mazza Innovation Ltd., Du Pont, Nuritas, Koninklijke DSM N.V, BASF SE, Archer Daniels Midland Company, and Cargill, Incorporated.