Health ingredients include essential nutrients such as proteins, vitamins, minerals, carbohydrates, and prebiotics among others. These essential nutrients help balance the nutrient level in the body. Growing awareness about the importance of a balanced diet is expected to be the major factor driving the market.
The global Health Ingredients Market was valued at USD 67.21 billion in 2016 and is projected to reach USD 120.48 billion by 2025, growing at a CAGR of 6.7% from 2017 to 2025.
1. Market Drivers
1.1 Growing demand for health-specific products
1.2 Booming functional food & beverage industry
1.3 Increasing awareness regarding the health benefits of essential nutrients
2. Market Restraints
2.1 Pricing issues in some under-developed regions
2.2 Adherence to stringent food safety regulations
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The global Health Ingredients Market is segmented on the basis of type, source, function, application, and region.
1. Global Health Ingredients Market, by Type:
1.1.1 Vitamin A
1.1.2 Vitamin B Complex
1.1.3 Vitamin C
1.1.4 Vitamin D
1.1.5 Vitamin E
1.4.1 Macro Minerals
1.4.2 Micro Minerals
1.5.1 Omega- 3 & 6 Fatty Acids
1.5.2 Other Essential Fatty Acids
1.8 Plant & Fruit Extracts
2. Global Health Ingredients Market, by Source:
3. Global Health Ingredients Market, by Function:
3.1 Weight Management
3.2 Immunity Enhancement
3.3 Gut Health Management
3.4 Joint Health Management
3.5 Heart/Cardiovascular Health Management
3.6 Eye Health Management
3.7 Brain Health Management
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4. Global Health Ingredients Market, by Application:
4.1.1 Bakery & Confectione
4.1.2 Dairy Products
4.1.3 Dietary Supplements
4.1.4 Snacks & Meal Replacers
4.2.1 Dairy Beverages
4.2.2 Pharmaceutical Beverages
4.2.4 Sports Drinks
4.3 Animal Feed
4.4 Personal Care
5. Global Health Ingredients Market, by Region:
5.1 North America U.S., Canada, Mexico
5.2 Europe Germany, UK, France, Rest of Europe
5.3 Asia Pacific China, India, Japan, Rest of Asia Pacific
5.4 Latin America Brazil, Argentina, Rest of Latin America
5.5 Middle East & Africa
The major players in the market are as follows:
1. Royal Frieslandcampina N.V.
2. Lonza Group Ltd.
3. Tate & Lyle PLC
4. Arla Foods Amba
5. Ingredion Incorporated
7. BASF SE
8. Koninklijke Dsm N.V.
9. Kerry Group PLC
10. E. I. Du Pont De Nemours and Company
11. Associated British Foods PLC
12. Archer Daniels Midland Company
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology of Planet Market Reports
Research study on the Health Ingredients Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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Name: Jennifer Daniel
Organization: Planet Market Reports