Nutraceutical Excipients streamline the manufacture of nutraceuticals and facilitates its physiological absorption. It includes ingredients for tableting, liquid syrup and suspension products. The nutraceutical excipient market is expected to have a significant growth rate during the forecast period. The rise in demand of excipient as binder, filler, diluent, disintegrants, coating agent and flavoring agents is driven by the increased application in nutraceutical products. There is a high demand for supplements and other nutraceutical products with increased health concerns which is expected to drive the market growth. The development of new regulations, funding opportunities and public-private partnerships has led to increased research opportunities in nutraceutical formulations which is expected to further fuel the market growth. However, restrained R&D investment due to high cost of proving the effectiveness of an excipient through clinical trials is expected to be a restraint for market growth. There are no fixed regulatory guidelines defining the manufacturing process for nutraceutical excipients which is expected to hamper the rapid growth of the market. By end-product, proteins & amino acids is expected to have a significant market share as excipients are used to facilitate the stabilization of proteins and protect them from unwanted chemical reactions. By geography, the Asia Pacific region is estimated to have a considerable market growth due to increase in demand for fortified nutritional products and supplements in the region.
Growing demand for nutraceutical products
Multifunctional properties of excipients
Increasing research opportunities in nutraceutical formulations
Restrained R&D investment due to high cost of proving the effectiveness of an excipient through clinical trials
No fixed regulatory guidelines defining the manufacturing process for nutraceutical excipients
In January 2019, Dupont developed an excipient, FM-1000 a surfactant that is more stable and efficient then current products in the market and can double to triple the shelf life of biologics
Sensient Technologies acquired Canadian Ingredients company Mazza Innovation in July 2018, to boost its botanical extraction capabilities.
The nutraceutical excipients market has been analyzed through the following segments:
Fillers & Diluents
By end product
Proteins & Amino Acids
Omega-3 fatty acids
Middle East and Africa