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Global Phytonutrients Market - Global Trends & Forecasts (2017-2022) - Research and Markets

Research and Markets
Posted on: 06 Nov 17

The "Global Phytonutrients Market Global Trends & Forecasts (2017 - 2022)" report has been added to Research and Markets' offering.

The global market for phytonutrients was valued at about USD 3.08 billion in 2014 and is expected to reach USD 4.63 billion by 2022. The market has a high potential for growth, owing to the product's immense health benefits.

In developed countries, about 40% of the consumers are shifting to a healthy lifestyle and are searching for products that complement this lifestyle, in which phytonutrients fit the bill. Phytonutrients act as a base compound for more than 40% of medications today and are used in the treatment of a wide-range of diseases.

The trend of living healthy is mostly seen in developed regions, as the consumers have higher disposable incomes, which acts as an important driver for the phytonutrients market. Europe dominated the global phytonutrients market in 2016 and is expected to be the fastest-growing market during the forecast period, owing to the increasing number of deaths from chronic ailments; phytonutrients act as a preventive measure for such ailments.

The United States, Germany, France, Italy, and China are the top five markets for phytonutrients and account for nearly 50% of the global phytonutrients consumption.

The global market for phytonutrients has significantly changed over the years, due to consumer awareness related to various health benefits and the increasing end-use applications. The carotenoids segment dominated the phytonutrients market, in 2015. Flavonoids are the second most widely used phytonutrients.

Companies Mentioned:

  • Archer Daniels Midland Company
  • Basf
  • Cargill Inc
  • CHR. Hansen
  • DSM
  • Cyanotech Corporation
  • FMC Corporation
  • Kemin Industries
  • Allied Biotech Corporation
  • Arboris LLC
  • Carotech Berhad
  • D.D. Williamson & Co.
  • DHLER Group
  • Pharmachem Laboratories Inc.
  • Raisio PLC
  • Others

Key Topics Covered:

1. Introduction

2. Research Approach & Methodology

3. Key Findings of the Study

4. Market Dynamics

5. Market Segmentation

6. Competitive Landscape

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/spqlgq/global

View source version on businesswire.com: http://www.businesswire.com/news/home/20171106005660/en/

Business Wire
www.businesswire.com

Last updated on: 06/11/2017

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