The global demand for Nutraceutical Excipients Market is presumed to reach the valuation of nearlyUSD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028.
Nutraceutical or bioceuticals are food or fortified food products that not only supplements the diet but also assists in treating or preventing diseases. They provide medicinal or health benefits thus used in pharmaceutical products. Moreover, nutraceuticals are naturally nutrient-rich or medicinally active food like garlic, soybeans or some specific components of food such as omega-3 fish oil of cold-water fish. In addition to this, excipients are used in stabilization of proteins and also to protect nutraceuticals from undesirable chemical reactions. Generally, excipient has no medicinal properties. These are included in the product for safety and other purposes such as lubricity, flowability, disintegration, and taste.
The growing demand for nutraceuticals due to its medicinal properties is primarily driving the market growth. Advancements in nanotechnology imparting new functions to excipients are again accelerating the market growth. However, the cost of proving the effectiveness of an excipient through clinical trials is high, which is likely to hinder the market growth. Whereas, multi-functionality of excipients is expected to be an emerging trend, which is anticipated to stimulate demand over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of nutraceutical excipients.
The entire nutraceutical excipients market has been sub-categorized into functionality, form, and end-product. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Fillers & Diluents
- Coating Agents
- Flavoring Agents
- Proteins & Amino Acids
- Omega-3 Fatty Acids
This section covers regional segmentation which accentuates on current and future demand for nutraceutical excipients market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Nutraceutical Excipients Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the nutraceutical excipients market include ABF, Cargill, Dupont, Hilmar Ingredients, IMCD, Ingredion, Innophos, JRS Pharma, Kerry, Meggle, Roquette Freres and Sensient. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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