As a large portion of the world population ages, they are looking for products that make them look and feel better, and younger generations are looking for ways to maintain their health and energy levels to meet the needs of their busy lives.
Also, the increasing concerns of consumers over healthcare and the rising fitness centers, health clubs, and gymnasiums across the world are the main factors behind the significant growth of protein supplements which fuels the use of nutraceutical excipients in protein and amino acids supplements.
Strategic collaborations and mergers and acquisitions adopted by these companies to expand their product offerings and geographical outreach are also factors behind the prominence of these companies.
These sessions on new technology, industry specific innovations, and best practices for sustainable supply chains are invaluable resources for nutraceutical professionals seeking to upgrade equipment or stay current with industry trends.
There is little question that products which make it possible for them to do so will be and are in great demand. Since the FSMA aims to foster more effective prevention of and planning for contamination instances, advanced track-and-trace mechanisms are also necessary for nutraceutical manufacturers to track issues and remove compromised product from shelves quickly.
Even in a tough economic climate, the nutrition industry is growing around the world. Nutraceutical food and beverage processors are no exception to these trends and must collectively invest in these technologies in order to stay up to date.
Low awareness about nutraceuticals is another factor challenging the growth of nutraceuticals market. Who are the local emerging players in the global nutraceutical excipients market and how do they compete with the global players?
What is the historical market for nutraceutical excipients across the globe? Besides this, a high level of awareness among consumers in developed countries regarding the benefits of nutritional diet and rising demand for natural beauty products are aiding the growth of nutraceuticals market.
Apart from this, unlike pharmaceuticals, nutraceuticals are available over-the-counter without prescription. Strengthened consumer preference for foreign brands in the emerging countries of South East Asia, especially, India, which is the fastest growing market for functional pet food, has encouraged manufacturers from North America to take a stride in that direction.
One of the major benefits of using HPP for nutraceutical processors is its potential to extend the shelf-life by three to four times in some instances without using chemical additives. Study on the type of vehicle expected to dominate the market during the forecast period.
What are the competitive landscapes and who are the market leaders by sub-region in the global nutraceutical excipients market?
Who are the major players in various countries and what share of the market do they hold? These reports are used by our clients for marketing and strategic planning in various sectors.
With nutraceuticals being a key industry for consumers seeking health-giving and medicinally beneficial ingredients, nutraceutical manufacturers have to consider the source of these ingredients. To meet these regulations, nutraceutical companies will face various manufacturing challenges.
A large population worldwide are yet to realize the benefits of nutraceuticals. Reasons to Purchase the Report Study on the adoption of electric and hybrid vehicles in the country and its effects on the automotive industry of the country. Consumers in developed countries have a high degree of awareness about the side-effects of pharmaceuticals, hence are increasingly opting for natural foods and health-benefitting supplements derived from products derived from natural ingredients.
The large share of this region is mainly attributed to increasing prevalence of chronic diseases such as diabetes, cancer, cardiovascular diseases, respiratory diseases; sedentary lifestyle; rising public healthcare cost; growing public awareness of the link between diet and health; and growing aging population.
No nutraceutical manufacturer wants to source ingredients through means that consumers will find unpalatable. Nutraceuticals prices are generally higher than pharmaceuticals. HPP is the practice of using very intense pressure in order to render pathogens ineffective in food and beverages, such as nutraceuticals and juices.
Management expects the market niche in which NeutriSci will compete to continue to grow dramatically during next few years. The market even appears to have benefited from the economic uncertainty of recent years.
What are the major drivers, restraints, and opportunities in the global nutraceutical excipients market? Surging disposable income and urbanization have resulted in declining birth rates, a rise in divorce rates, and an increase in single household families. In addition to regulatory challenges, growing consumer demand for clean label products, responsibly sourced ingredients, sustainable packaging and pressures to extend shelf life are factors that can pile on to the supply chain challenges of nutraceutical manufacturers.
The increased demand for protein consumption is driving the demand for protein supplements across the globe. Relatively High Price Factor of Nutraceuticals Limits Uptake Despite a host of positive factors, increasing prices of nutraceuticals are limiting their uptake especially in less developed economies.
If at all possible, sourcing non-GMO, gluten-free, natural and organic ingredients locally can also be an asset to a brand looking to entice health-driven consumers. Both shows feature free education sessions open to all attendees, including Innovation Stage and the Reusables Learning Center. However, pet food recalls are continuing to trade down on the scaling up of private labels.
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The United Sates with Japan a close second continue to generate the majority of global nutrition sales, with Americans and Japanese spending the most money per capita on nutrition products.With a handful of companies commanding more than half market share, the global nutraceuticals market features a largely consolidated vendor landscape.
Key players, namely BASF SE, Royal DSM N.V., Groupe Danone S.A., and Nestle S.A. held more than % of the overall market in Location: State Tower, 90 State Street, SuiteAlbany, The global nutraceutical market was valued at around USD billion in and is expected to reach around USD billion byat a CAGR of % from to Lifeway introduced a new supplement range of Women’s Radiant Health, Traveler’s Defense + Immunity and Balance Gut Health.
The market even appears to have benefited from the economic uncertainty of recent years. As the massive population ages, and healthcare costs continue to increase, the supplement industry continues to widen its customer base as the market has risen steadily from % annual growth in to % in to % inbringing.
The global nutraceuticals market will continue to grow at a CAGR of percent throughaccording to Transparency Market Research. The sector was last valued at $ billion in and, given these projections, will. - The global nutraceutical market should reach $ billion by from $ billion in at a compound annual growth rate (CAGR) of %, from to This research service outlines the key developments in nutraceuticals.