MarketsandMarkets

Nutraceutical Ingredients Market Poised to Reach $33.6 Billion by 2018

The overall nutraceutical ingredients market is expected to experience growth rate of 7.2% from 2013 to 2018, whereas Asia-pacific is expected to grow at a rate of 7.4% for the same period.

 

Dallas, TX -- (SBWIRE) -- 09/12/2014 -- The report “Nutraceutical Ingredients Market by Type & Application - Global Trends & Forecasts to 2018 ”, is published by MarketsandMarkets. According to the report, the nutraceutical ingredient market is estimated to grow from $23.8 Billion in 2013 to $33.6 Billion in 2018 with a CAGR of 7.2% from 2013 to 2018.

Browse 131 market data tables and 35 figures spread through 312 pages and in-depth TOC on “Nutraceutical Ingredients Market - Global Trends & Forecasts to 2018"

Early buyers will receive 10% customization on this report.

You can speak to our analyst
http://www.marketsandmarkets.com/speaktoanalyst.asp?id=1319

Nutraceutical ingredients market is an emerging sector with various stake holders such as raw material suppliers, processors, product manufacturers and end-use consumers. The product includes functional food, beverages, dietary supplements, animal nutrition and personal care. The nutraceutical product and ingredients market are inter-dependant on each other as any shift in one will have a direct impact on the other. Growing awareness and reliability on the nutraceutical products is offering a strong consumer base for the market. Nutraceutical ingredients are essential for various health purposes and prevent chronic diseases that may occur due to lack of required nutrients in the body.

Nutraceutical ingredient industry is an emerging one with growing health concerns of people, and awareness regarding the availability of nutraceutical products that helps to prevent various chronic diseases. The developing nations such as China, India, Russia, Mexico, Brazil etc are the major participants in the growth of nutraceutical ingredient market. As the economy of these countries is flourishing, the disposable income of people is expected to increase more in future and the growing health awareness is adding to spend towards health products. Balanced diet, weight management activities etc are rolling up as a part of routine for the upcoming generation. This factor is influencing the market for nutraceutical products which is directly having a positive impact on the ingredient market.

Ask to get a copy of PDF Brochure
http://www.marketsandmarkets.com/pdfdownload.asp?id=1319

Another factor affecting the ingredient market is the reluctance towards intake of medicines. If the medicine is served in the form of food or as food supplement, the perception of medication gets away from the minds of people. Therefore, they prefer having food that promotes heath benefits rather than the medicines. This factor gives a direction to the nutraceutical ingredient market as application in the field of food and beverages seems to get encouragement. Hence, the scope for application is broadened.

The report classifies and defines the nutraceutical ingredients market value in the overall nutraceutical industry. It also includes qualitative and technical data pertaining to nutraceutical ingredient such as subtypes, source, application etc. The report also provides comprehensive review of market drivers, restraints, opportunities, and key issues in the nutraceutical ingredient industry. The major players in the market have also been identified and profiled.

The major players include DuPont (U.S.A), Royal DSM (Netherlands), Cargill (U.S.A), ADM (U.S.A) and BASF (Germany).

About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: 888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog
http://www.marketsandmarketsblog.com/market-reports/food-and-beverage
Connect with us on LinkedIn
http://www.linkedin.com/company/marketsandmarkets