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 on Bioactive Ingredients
Market: 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 more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
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
Access press
release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-bioactive-ingredients-market
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.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more information:
www.grandviewresearch.com
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