Asia Pacific accounts foe the largest share in the Global Bioactive Ingredients Market
The global Bioactive Ingredients Market is expected to reach USD 52 billion by 2025, recording a CAGR of about 7% during the outlook period.
Bioactive ingredients are a type of biomolecule that is added to food and ingredients, which aid in metabolic processes for immediate health. This also plays an important role in solving the problems of inadequate nutritious food intake and the inability to maintain a balanced diet. The results of various studies have established an important relationship between certain bioactive compounds and their effects on various chronic diseases such as cancer, diabetes, high blood pressure and heart disease.
- In April 2019, Lonza launched the H2O Bio Bioactive ingredient which is used as skin rejuvenation.
Market Drivers and Restrains:
The global market for bioactive ingredients and products is expected to expand due to growing health concerns and ongoing research and development in the field of bioactive ingredients, leading to innovative products. Growing health awareness coupled with increasing interest in health among consumers is expected to drive sales across the industry. Consumers are also aware of their health, treatment, and disease prevention. People are very conscious of maintaining a balanced diet with adequate content of essential nutrients. The incidence of various chronic diseases such as cancer, diabetes and high blood pressure is also expected to lead the market for bioactive ingredients and products, as doctors prescribe bioactive foods to patients suffering from the chronic conditions mentioned above. An aging population around the world is also expected to lead the market. Older people are more susceptible to a variety of chronic diseases, so eating a healthy diet is advisable. In addition, the increasing consumer preference for the consumption of functional foods and beverages is expected to increase the increase in bioactive components during the forecast period. The high initial cost and the lack of a regulatory framework to validate the health claims are factors that influence the growth of this market. Rising treatment costs, therapeutic side effects, and strict regulations on the approval of new products by government agencies are some of the limitations in the global bioactive ingredients market.
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Report is segmented as:
The global Bioactive Ingredients market can be segmented based on type and application. In terms of type, the global market can be segmented into minerals and vitamins, amino acids, phytochemicals and plant extracts, prebiotics and probiotics, carotenoids and antioxidants, omega 3 and structured lipids, etc. By application, the global market can be segmented into dietary supplements, functional foods and beverages, personal care, clinical nutrition, and others.
Asia Pacific is the largest producer and consumer of bioactive ingredients which is due to increasing disposable income coupled...
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