Global Bioactive Ingredients Market Report 2023: Surging Applicability of Bioactive Ingredients in the Cosmetic & Personal Care Products Industry Drives Growth

Global Bioactive Ingredients Market

Dublin, May 15, 2023 (GLOBE NEWSWIRE) -- The "Bioactive Ingredients Market Size, Share & Trends Analysis Report By Product (Vitamin, Fiber), By Application (Functional Food & Beverages, Dietary Supplements), By Region (APAC, North America), And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.The global bioactive ingredients market size is expected to reach USD 317.90 billion by 2030, registering a CAGR of 7.9% over the forecast period.

The growth is majorly driven by the increasing demand for functional food and beverages owing to increasing awareness among people regarding healthy living.

Furthermore, the increasing use of beauty care products owing to rising disposable income and improving the standard of living is fueling the product demand. Bioactive ingredients are a set of essential substances produced by natural sources, such as plants and animals, as they are not synthesized by the human body. There are two types of ingredients, namely, essential and non-essential. The unconsumed parts of fruits and vegetables contain essential nutrients, which are extracted and further used by food and pharmaceutical manufacturers for the production of functional foods and medicines. The industry offers growth opportunities to manufacturers owing to increasing product usage in dietary supplements.

Moreover, the product is extensively used in the development of personal care products, such as shampoos, soaps, and moisturizers. Bioactive ingredients, such as carotenoids, flavonoids, and polyphenols, protect the skin from negative environmental effects, such as pollution. These ingredients also act as antiaging, anti-wrinkling, and whitening agents, as well as offer UV protection.Asia Pacific is expected to drive the product demand in food products owing to the rising consumer disposable income, rapid globalization, and changing lifestyle in the region. Moreover, growing awareness among consumers in countries, such as China, India, Indonesia, Malaysia, and Japan, about the product benefits will spur its demand in the food & beverages sector.

During the pandemic, functional food & beverage manufacturers reported colossal demand for food products that contain natural content. Consumers adopted healthy foods that provide extra nutritional benefits to strengthen immunity due to the rising COVID-19 cases. Thus, F&B manufacturers shifted their focus to the production of functional foods & beverages. This, In turn, augmented the product demand.Bioactive Ingredients Market Report Highlights

The omega 3 PUFA segment is estimated to have the fastest CAGR from 2023 to 2030 owing to their high vitamin, protein, and mineral content and application in the treatment of diseases, such as cancer, asthma, and depression

The omega-3 fatty acids help lower the risk of abnormal heartbeats or arrhythmias. Furthermore, it helps lower triglyceride levels & blood pressure and slow atherosclerotic plaque growth

The dietary supplements application segment will witness the highest growth rate from 2023 to 2030 due to the increasing awareness regarding the benefits of dietary supplements

Asia Pacific is expected to witness the fastest CAGR over the forecast period due to the growing aging population and high demand for functional foods & drinks and dietary supplements

The market is highly competitive due to the presence of a large number of manufacturing companies

Key Attributes:

Report Attribute

Details

No. of Pages

115

Forecast Period

2023 - 2030

Estimated Market Value (USD) in 2023

$186.58 Billion

Forecasted Market Value (USD) by 2030

$317.9 Billion

Compound Annual Growth Rate

7.9%

Regions Covered

Global

Key Topics Covered: Chapter 1 Methodology And Scope

Chapter 2 Executive Summary Chapter 3 Bioactive Ingredients Market: Variables, Trends & Scope3.1 Market Lineage Outlook3.2 Penetration And Growth Prospect Mapping3.3 Industry Value Chain Analysis3.3.1 Raw Material Trends3.3.2 Manufacturing & Technology Trends3.3.2.1 Thin-Layer Chromatography (TLC) And Bio-Autographic Methods3.3.2.2 High Performance Liquid Chromatography (HPLC)3.3.3 Sales Channel Analysis3.4 Price Trend Analysis3.4.1 Factors Influencing Prices3.5 Regulatory Framework3.6 Impact Of COVID-19 Pandemic3.7 Impact Of European Geopolitical Conflict3.8 Market Dynamics3.8.1 Market Driver Analysis3.8.1.1 Increasing Global Demand For Functional Food Products And Beverages3.8.1.2 Surging Applicability Of Bioactive Ingredients In Cosmetic & Personal Care Products Industry3.8.2 Market Restraint Analysis3.8.2.1 Contamination Of Bioactive Ingredients With Its End-Products3.8.3 Market Challenges Analysis3.8.4 Market Opportunity Analysis3.9 Business Environment Analysis: Bioactive Ingredients Market3.9.1 Industry Analysis - Porter's3.9.2 Macro Economic AnalysisChapter 4 Bioactive Ingredients Market: Product Estimates & Trend Analysis4.1 Bioactive Ingredients Product Movement Analysis & Market Share, 2022 & 20304.2 Bioactive Ingredients Market Size & Forecasts and Trend Analysis By Product, 2018 - 2030 (USD Million)4.2.1 Fiber4.2.2 Vitamins4.2.3 Omega 3 PUFA4.2.4 Plant Extracts4.2.5 Minerals4.2.6 Carotenoids & Antioxidants4.2.7 Probiotics4.2.8 Other IngredientsChapter 5 Bioactive Ingredients Market: Application Estimates & Trend Analysis5.1 Bioactive Ingredients Application Movement Analysis & Market Share, 2022 & 20305.2 Bioactive Ingredients Market Size & Forecasts and Trend Analysis By Application, 2018 - 2030 (USD Million)5.2.1 Functional Food & Beverages5.2.2 Dietary Supplements5.2.3 Clinical Nutrition5.2.4 Personal Care5.2.5 Other ApplicationsChapter 6 Bioactive Ingredients Market: Regional Estimates & Trend Analysis Chapter 7 Competitive Landscape7.1 Vendor Landscape7.1.1 List of key Manufacturers7.1.2 List of key End Users7.2 Company Market Positioning7.3 Strategic FrameworkChapter 8 Company Profiles

Sabinsa

Archer Daniels Midland Company (ADM)

BASF SE

Cargill

Ingredion

Ajinomoto Co, Inc.

Owen Biosciences, Inc.

Mazza Innovation Ltd.

Nuritas

DuPont

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Global Bioactive Ingredients Market