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Thursday, June 30, 2022

Lucintel Forecasts Health Ingredient Market to Grow at a CAGR of 6%-8%

According to the recent study the health ingredient market is projected to grow at a CAGR of 6%-8% from 2020 to 2025. Growth in this market is primarily driven by shift in consumer preference from nutrition-based to health-specific food, increasing incidences of chronic diseases, and rise in demand for fortified food & beverage products.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in health ingredient market by type (vitamins, minerals, prebiotics, nutritional lipids, functional carbohydrates ,plant and fruit extracts, enzymes, probiotic starter cultures, proteins), application (food, beverages, pharmaceuticals, animal feed, and personal care) , source (plant, animal, microbe, and synthetic) and regon (North America, Europe, Asia Pacific, and Rest of the World).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/health-ingredient-market.aspx

“Proteins market is expected to remain the largest segment during the forecast period.”   

Based on type, the health ingredient market is segmented into vitamins, minerals, prebiotics, nutritional lipids, functional carbohydrates, plant and fruit extracts, enzymes, probiotic starter cultures, proteins. Lucintel forecasts that the proteins market is expected to remain the largest segment as their multi-functional properties and their vast applications in sport nutrition, dietary supplements, and weight management.

“Within the health ingredient market, the plants segment is expected to remain the largest source.”    

Based on source, the plants segment is expected to witness the largest source segment during the forecast period due to changing consumer preferences from meat-based products to plant-based products.

“Asia Pacific will dominate the health ingredient market in near future.”

Asia Pacific is expected to be the largest region and it is also expected to witness the highest growth over the forecast period due to the shift in consumer preference from nutrition-based to health-specific food coupled with increasing awareness of newly invented health ingredients, such as prebiotic and probiotic, thus fueling the market demand from developing regions.

Download Brochure of this report by clicking on https://www.lucintel.com/health-ingredient-market.aspx  

Major players of health ingredient market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Koninklijke DSM, BASF, Kerry Group, Associated British Foods, and Arla Foods are among the major health ingredient providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/health-ingredient-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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