Nutraceutical Ingredients Market 2023 - CAGR Status, Major Players, Forecasts 2032

Nutraceutical Ingredients Market Definition

Nutraceutical ingredients refer to ingredients derived from animal, microbial, plant, and synthetic sources and provide health benefits by adding primary nutritional value and functional benefits.

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Nutraceutical Ingredients Market Characteristics:

The global nutraceutical ingredients market size is expected to grow from $49.52 billion in 2022 to $53.39 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The global nutraceutical ingredients market size is expected to grow to $71.91 billion in 2027 at a CAGR of 7.7%.

Key Market Drivers And Trends

Drivers Trends

The rising demand for probiotics and protein-rich foods is expected to propel the growth of the nutraceutical ingredients market

New product development & advancements are key trends gaining popularity in the nutraceutical ingredients market.

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Nutraceutical Ingredients Global Market Segments:

The report covers the nutraceutical ingredients market’s segmentsBy Health Benefits

By Product Type

Vitamins, Proteins and Amino Acids, Probiotic, Minerals, Omega-3 Fatty Acids, Fibers and Specialty Carbohydrates

Cognitive Health, Gut

Health, Heart Health, Bone Health,

Immunity, Nutrition, Weigh Management

Dry, liquid

Food, Beverages,

Personal Care,

Animal Nutrition, Dietary Supplements

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