Bioactive Ingredient Market: Thriving Towards a Monumental Valuation of US$ 395.73 Billion by 2033

The bioactive ingredient market is expected to be valued at US$ 186.73 billion in 2023 and is likely to surpass US$ 395.73 billion by 2033. The sales of bioactive ingredients are projected to record a CAGR of 7.8% during the forecast period (2023 to 2033).

Dietary supplements are preferred by customers as they are made with natural components that improve health and wellness. As a result of the increased demand for natural-based ingredients, the adoption of bioactive compounds is expected to surge in a diverse range of food products.

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Further, growing focus on food safety issues has raised awareness for transparency and traceability. Hence, key players such as such as Cargill, Incorporated, CP Kelco, Ingredients AG, and Ingredion Incorporated are providing labeled products to capitalize on growing clean label trends.

Subsequently, increasing use of macronutrients including fibers, carbs, proteins, and fats in various ready-to-mix & eat products is driving the demand in the market. On the back of these factors, the bioactive ingredient market is projected to surpass US$ 55.4 Bn by the end of 2032.

Key takeaways from market study

Based on product type, the antioxidants segment is expected to witness highest growth over the forecast period (2022-2032).

North America bioactive ingredient market is expected to witness a lucrative growth rate of 6.8% CAGR during the assessment period.

East Asia is anticipated to account for 17.8% in the global bioactive ingredient market through 2032.

Based on application, functional food & beverages is anticipated to account for around 25.6% of the market share over the forecast period.

Key bioactive ingredient producers are actively exploring the applications through various research institutions, public research universities, and crop institutes across the globe. Also, increased demand for packaged and healthy food products is propelling the demand in the market.” says a lead analyst at Future Market Insights.

Competitive landscape

The global bioactive ingredient market is expected to be consolidated. Key players in the market are focusing on expansion of their product line to strengthen their foothold in the industry. Expansion in emerging economies such as India and China is a key strategy adopted by leading players to increase their revenue.

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Some of the key players operating in the bioactive ingredient market are Dupont, Royal DSM, Cargill Inc., Archer Daniels Midland, BASF, Koninklijke DSM N.V., AJINOMOTO CO., INC, Arla Foods, FMC Corporation, Ingredion Incorporated, Roquette Frères S.A., Kerry Inc, Total Nutrition, Inc, Danone SA, Nestlé SA Valio Limited i-Health, Inc. and others

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Future Market Insights, in its new offering, provides an unbiased analysis of Bioactive Ingredient presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Bioactive Ingredient Market by Category

By Product Type:

  • Probiotics And Prebiotics
  • Amino Acids
  • Omega 3 Lipids
  • Peptides & Proteins
  • Minerals & Vitamins
  • Carotenoids And Antioxidants
  • Phytochemicals & Plant Extracts
  • Fibers & Specialty Carbohydrates

By Application:

  • Functional Food & Beverages
  • Dietary Supplements
  • Personal and Beauty Care
  • Pharmaceutical
  • Animal Nutrition

By Distribution Channel:

  • B2B
  • B2C
  • Hypermarket/Supermarket
  • Specialty Stores
  • Online Retail Store
  • Pharmacy Stores Online Retailers

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

About Food & Beverage Division at Future Market Insights

The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports about the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

Author

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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