Market Overview:

The global bioactive ingredients market size reached US$ 45.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 69.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2023-2028.

Bioactive ingredients are nutritional components which are naturally present in small amounts within various food items such as cereals, nuts, tea, vegetables and fruits. They are endowed with goodness of anti-oxidants, anti-inflammation and anti-microbial traits that help to enhance health and build a strong immunity system.

One of the primary factors catalysing the growth of the global bioactive ingredients market is the growing health consciousness among the consumers which has resulted in a surge in the demand of healthcare products. Further, increasing health care expenses, rise in lifestyle diseases, insufficient nutrition, are some of the proactive factors responsible for the growth of the global bioactive ingredients market. Moreover, these ingredients are beneficial for improving endothelial function as well as overall health. This acts as another factor facilitating the demand for bioactive ingredients.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global bioactive ingredients market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on ingredients type and application.

Breakup by Ingredients Type:

• Fibers
• Vitamins
• Omega-3 PUFA
• Minerals
• Carotenoids and Antioxidants
• Probiotics
• Plant Extracts
• Others
   

Based on ingredients type, the market has been segmented as fibers, vitamins, omega-3 PUFA, minerals, carotenoids and antioxidants, probiotics, plant extracts and others. Currently, fibers dominate the market, holding the largest share.

Breakup by Application:

• Dietary Supplements
• Functional Beverages
• Personal Care
• Animal Nutrition

On the basis of application, dietary supplements represent the largest segment. Other major segments include functional beverages, personal care and animal nutrition.

Breakup by Region:

• Asia Pacific
• North America
• Europe
• Middle East and Africa
• Latin America

Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the leading market, accounting for the majority of the market share.

Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players being Archer Daniel Midland, Cargill, BASF SE, AJINOMOTO CO, Arla Foods, FMC Corporation, Ingredion Incorporated, Mazza Innovation Ltd., Roquette and Sabinsa Corporation.

This report provides a deep insight into the global bioactive ingredients market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the bioactive ingredients industry in any manner.

Report Coverage: