London, UK (PRWEB) February 07, 2014
The global nutraceutical ingredients market is witnessing stable growth driven by the constantly rising health awareness, soaring health concerns and increasing demand for healthy foods, personal care products and safe animal nutrition products. In 2013, the value of the overall nutraceutical ingredients market stood at around USD 23.8 billion. APAC ranks the dominant market for nutraceutical ingredients, capturing the largest share as well as demonstrating the highest growth rates. The growth of the region’s market is being spurred by the rapidly growing population and expanding urbanization in different developing countries of the region. Dietary supplements hold the lion’s share of the total market.
The worldwide market for nutraceutical ingredients is poised to exhibit positive growth at a 7.2% CAGR between 2014 and 2018; and it is anticipated to amount to USD 33.6 billion by 2018. The APAC market is predicted to record a 7.4% CAGR through 2018. China, Russia and Brazil are regarded as high potential country markets for nutraceutical ingredients. The dietary supplement segment is forecast to climb to USD 13 billion by 2018, whilst the functional beverages segment will likely see the highest growth rate (7.4%) in the next five years.
In-demand research report “Nutraceutical Ingredients Market by Type (Probiotics, Proteins, Plant Extracts, Minerals, Vitamins, Fibers, Carotenoids & Others) by Application (Functional Foods & Beverages, Supplements, Animal Nutrition, Personal Care)-Global Trends & Forecasts to 2018” elaborated by MarketsandMarkets (M&M) has been recently published by Market Publishers Ltd.
Title: Nutraceutical Ingredients Market by Type (Probiotics, Proteins, Plant Extracts, Minerals, Vitamins, Fibers, Carotenoids & Others) by Application (Functional Foods & Beverages, Supplements, Animal Nutrition, Personal Care)-Global Trends & Forecasts to 2018
Published: January, 2014
Price: US$ 4,650.00
The topical study is an essential source of unbiased profound insights into the landscape of the worldwide nutraceutical ingredients market. It reviews the nutraceutical ingredients market performance within the framework of the overall nutraceutical market. The report draws up a clear picture of the actual market state as well as highlights the historical background, grants access to technical and qualitative data on nutraceutical ingredients such as subtypes, application, benefits, source, etc. The study provides a close look at the market dynamics through an extensive examination of the main market drivers and restraints, threats and opportunities. Burning industry issues along with the important industry trends are carefully discussed. The research study characterizes the competitive climate, presents detailed profiles of the dominant market participants, and offers a granular market assessment by applications, geography and types. In addition, five-year future outlook for the world nutraceutical ingredients market with detailed projections of the market size and revenue is enclosed in the study.
More in-demand research reports by the publisher can be found at MarketsandMarkets page.