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Bioactive Ingredient Market Size to Reach $51.71 Billion By 2024: Grand View Research, Inc.

Grand View Research
Posted on: 31 Oct 16

SAN FRANCISCO, October 31, 2016 /PRNewswire/ --

The global bioactive ingredient market is expected to reach USD 51.71 billion by 2024, according to a new report by Grand View Research, Inc. Increasing disposable income coupled with growing health awareness among consumers is expected to aid the market growth. Their functional properties are capable of acting on the human metabolism physiology by providing potential health benefits.

The extraction of these bioactive compounds from original sources provides ample opportunities for adding value to food products and also improves the dietary patterns of the changed consumer's lifestyle. They also help in preventing diseases related to heart, cancer, degenerative forms and Alzheimer's.

Marine environment is a significant source for yielding bioactive components. Consumption of long-chain fatty acids by some fish species is strongly associated with protection from coronary heart diseases (CHD). Fish Origin Omega 3 PUFA oil are claimed to have a lot of health benefits related to a person's diet.

Recently, it has been reported that there is an increasing demand for fish oils and fish oil fortified products across various regions. Marine organisms are potentially identified for calcium, antioxidants, anti-hypertensive proteins, selenium, and chitin. Their usage in functional food segment is regarded as the most important part and is expected to affect the overall market over the next eight years.

However, extraction of medicines derived from plants is affecting the environment by causing deforestation and is expected to affect the industry critically over the forecast period. Also, to meet the rising consumer's interest for these products, manufacturers is putting a lot of pressure on the marine organisms.

Recent technological advances such as microencapsulation are adopted for protecting bioactive ingredients from unwanted reactions and oxidation. There is a rising demand among manufacturers to find suitable solutions that provide higher productivity and adequate quality of the final products.

Browse full research report with TOC on "Bioactive Ingredients Market Analysis By Product (Fiber, Vitamin, Omega 3 PUFA, Plant Extract, Minerals, Carotenoids & Antioxidants, Probiotics), By Application (Functional Food & Beverages, Dietary Supplements, Clinical Nutrition, Personal Care) And Segment Forecasts To 2024" at: http://www.grandviewresearch.com/industry-analysis/bioactive-ingredients-market

Further key findings from the report suggest: 

Fibers were the leading product segment and accounted for over 25% of global revenue in 2015. The effectiveness of fibers and rising awareness regarding its benefits are the primarily attributed reasons for this scenario.

Functional food & beverage product segment is expected to witness the highest CAGR of 7.4% over the forecast period. The consumers owing to its potential health benefits prefer this segment.

Asia Pacific was the leading consumer and accounted for over 35% of total revenue in 2015. The region is also expected to witness the highest growth of 7.5% over the next eight years. Changing lifestyle coupled with rising health consciousness among people particularly in China and India is drive the regional growth.

Key industry participants include Mazza Innovation Ltd., Sabinsa Corporation, Ingredion Incorporated, BASF, Cargill Inc, Ajinomoto Co. Inc, Archer Daniel Midland Company and DuPont.

 

Browse related reports by Grand View Research: 

Flavonoids Market - http://www.grandviewresearch.com/industry-analysis/flavonoids-market

 

Savory Snacks Market - http://www.grandviewresearch.com/industry-analysis/savory-snacks-market

 

Cereal Bar Market - http://www.grandviewresearch.com/industry-analysis/cereal-bar-market

 

Diabetic Food Market - http://www.grandviewresearch.com/industry-analysis/diabetic-food-market

 

Grand View Research has segmented the bioactive ingredient market on the basis of product, application and region: 

Global Bioactive Ingredients Product Outlook (Revenue, USD Billion, 2014 - 2024) 

Fiber

Vitamins

Omega 3 PUFA

Plant extracts

Minerals

Carotenoids & antioxidants

Probiotics

Other types

Global Bioactive Ingredients Application Outlook (Revenue, USD Billion, 2014 - 2024) 

Functional food & beverages

Dietary supplements

Clinical Nutrition

Personal care

Other products

Global Bioactive Ingredients Regional Outlook (Revenue, USD Billion, 2014- 2024) North America

U.S.

Europe

Germany

UK

France

Asia Pacific

China

India

Central & South America

Middle East & Africa

 

Read Our Research Insight: http://www.grandviewresearch.com/research-insights/bioactive-ingredients-products-market-insights

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Read Our Blogs - ni2014.org, grandviewresearch.com/blogs/food-and-beverages

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com

Web: http://www.grandviewresearch.com  

Editor's Details

Mike Wood
PharmiWeb.com
www.pharmiweb.com
editor@pharmiweb.com

Last updated on: 31/10/2016

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