Bioactive Ingredients Market to Grow with a CAGR of 8.11% through 2029
Increasing Preference for Sustainable products and a supportive regulatory environment are the major drivers for the Global Bioactive Ingredients Market.
According to TechSci Research report, “Bioactive
Ingredients Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2029F”, the Global Bioactive Ingredients
Market was valued at USD 173.49 Billion in 2023 and will see a steady growth in the forecast period with a CAGR of 8.11% through 2029. The Global Bioactive Ingredients Market is witnessing a substantial increase in demand, primarily fueled by growing awareness and the emerging trend of precision nutrition. Precision nutrition represents a groundbreaking approach that surpasses traditional one-size-fits-all dietary recommendations by taking into account an individual's unique genetic makeup, metabolic profile, gut microbiome, and lifestyle factors. This personalized nutritional strategy aims to optimize health and well-being by harnessing the potential of bioactive ingredients. Bioactive ingredients encompass a wide range of compounds such as omega-3 fatty acids, probiotics, polyphenols, collagen, and vitamins, which play crucial roles in various physiological functions and offer targeted health benefits. Precision nutrition leverages these functionalities to address specific genetic and metabolic requirements. For example, certain genes influence individuals' responses to different nutrients. Those with genes associated with a higher risk of heart disease may benefit from omega-3 fatty acids, which have demonstrated cardiovascular risk reduction. Similarly, individuals with distinct metabolic profiles or gut microbiome compositions may require customized bioactive ingredients to optimize metabolic processes and promote gut health. For instance, integrating probiotics into the diet of individuals with gut dysbiosis can enhance digestion and nutrient absorption, highlighting the significant impact of bioactive ingredients in personalized health interventions.
The absence of standardization not only confuses consumers but also deters them from confidently navigating the market. Ethical manufacturers adhering to rigorous standards of quality and potency face a disadvantage, as unscrupulous entities may exploit the lack of consistent standards to market inferior products. This underscores the imperative for regulatory bodies and industry stakeholders to establish uniform standards for bioactive ingredients, ensuring consistency in nomenclature, concentration, and activity levels. Standardization would bolster consumer confidence, foster fair competition, and ultimately propel market growth. Targeted application of micronutrients can result in tastier, visually appealing, and more nutritious crops, along with improved economic returns for farmers. By applying micronutrients only where necessary, farmers can reduce fertilizer costs and minimize environmental waste. Precision agriculture practices contribute to soil health promotion and reduce the environmental footprint of farming, fostering a more sustainable food system. While organic agriculture often prioritizes soil health enhancement through natural methods, targeted micronutrient application can address specific deficiencies and cater to crop needs within organic constraints.
The Global Bioactive Ingredients Market holds tremendous potential for revolutionizing personalized health approaches through precision nutrition and expanding applications in the beauty industry. Addressing the standardization challenge is crucial for ensuring sustained growth and success in the market. By establishing consistent standards and advocating ethical practices, the industry can offer consumers high-quality, dependable bioactive ingredients, fostering trust and driving innovation. As precision nutrition gains traction and bioactive ingredients become increasingly integral to health and wellness, the market is poised for significant expansion, delivering transformative benefits across diverse sectors.
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The Global Bioactive Ingredients Market is segmented
into Product, Application, Regional Distribution, and Company.
Based on Product, probiotics emerged as the fastest growing segment in the Global Bioactive Ingredients Market in 2023. Consumers are becoming more aware of the significance of gut health and its influence on overall wellness. Probiotics, renowned for their positive impact on gut microbiota, are increasingly sought after to enhance digestive health and bolster immunity. As healthcare trends lean towards prevention, individuals are actively pursuing methods to sustain well-being and stave off illnesses. Probiotics are viewed as a natural and preemptive approach to fortifying the body's innate defense mechanisms, thereby stimulating their demand. Continuous research into the health advantages of probiotics has revealed their potential applications extending beyond gut health, including benefits for skin health, mental wellness, and immune function. This expanding knowledge base is generating interest in probiotics and propelling their inclusion in a diverse array of products.
Based on region, Asia Pacific region is poised to experience the fastest growth in the Global Bioactive Ingredients Market in 2023. The rapidly expanding middle class in the region is showing a growing interest in health and wellness, and they are willing to invest in high-quality products to support their well-being. This demographic shift has led to increased demand for bioactive ingredients, which are recognized for their health benefits and applications in dietary supplements, functional foods, and nutraceuticals. Another significant driver is the rising prevalence of chronic diseases and lifestyle-related health issues across Asia Pacific. As awareness about the importance of diet and nutrition in managing and preventing these conditions increases, there is a corresponding surge in demand for bioactive ingredients that can promote health and wellness. Ingredients like omega-3 fatty acids, probiotics, antioxidants, and plant extracts are becoming popular for their potential to enhance heart health, digestive health, and overall well-being. The region's strong agricultural foundation and rich biodiversity further contribute to its growth prospects. Countries such as China, India, Japan, and South Korea have a long history of utilizing natural and plant-based ingredients in traditional medicine. This cultural legacy serves as a solid groundwork for the acceptance and integration of bioactive ingredients into modern health products. With an abundance of raw materials available locally, these countries can support domestic production and reduce reliance on imports, thereby fostering market expansion.
Major companies operating in Global Bioactive
Ingredients Market are:
- Sabinsa Corporation
- Archer Daniels Midland Company (ADM)
- BASF SE
- Cargill Inc.
- Ingredion Inc.
- Ajinomoto Co., Inc.
- Owen Biosciences Inc.
- Nuritas Ltd.
- DuPont de Nemours, Inc.
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“The global Bioactive Ingredients Market is witnessing remarkable growth fueled by heightened consumer awareness of health and wellness. These ingredients, renowned for their health-promoting properties, find extensive application in dietary supplements, functional foods, and nutraceuticals. The surge in chronic diseases and lifestyle-related health concerns has spurred demand for bioactive ingredients such as omega-3 fatty acids, probiotics, antioxidants, and plant extracts. The market encounters challenges such as a lack of standardization, resulting in confusion for both consumers and manufacturers. Nevertheless, the market's growth persists due to ongoing innovations and the escalating global emphasis on health and wellness”, said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based management consulting
firm.
“Bioactive Ingredients Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Fiber, Vitamins, Omega 3 PUFA, Plant Extracts, Minerals, Carotenoids & Antioxidants, Probiotics, Others), By Application (Functional Food & Beverage, Dietary Supplements, Clinical Nutrition, Personal Care, Others), By Region and Competition, 2019-2029F”, has evaluated the future growth potential of Global
Bioactive Ingredients Market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global Bioactive Ingredients Market.
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