Nutraceutical Ingredient Market is Estimated Reach $33.6 Billion by 2018 The 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 ”, is published by MarketsandMarkets. According to the report, the nutraceutical ingredient market is estimated to grow from $23.8 Billion in 2013 to $33.6 Billion in 2018 with a CAGR of 7.2% from 2013 to 2018. Browse 131 market data tables and 35 figures spread through 312 pages and in-depth TOC on “Nutraceutical Ingredients Market”
http://www.marketsandmarkets.com/Market-Reports/nutraceutical-ingredient-market-1319.html Early buyers will receive 10% customization on reports. Phytochemicals & Plant Extracts: Expected To Enjoy a Significant Market Share In Future The increasing acceptance of plant-derived products in the market is major driver for increase in market for phytochemicals & plant extracts in future. With increasing health concerns and awareness regarding the benefits of plant derived products, the consumers in developed nations such as U.S., Germany etc are tilting towards these products for securing health and protecting body from various diseases. Continuous focus of research & development towards plant-derived nutraceutical ingredients is resulting in progress in the field and increasing applications. As the current market scenario portrays that the plant extracts and phytochemicals have gained importance in the personal care industry with range of herbal products entering into the market. The concept of cosmeceuticals is emerging with personal being served to the customers as medicines, in order to safeguard them from skin diseases and even the ill effects of the chemically prepared personal care products. Download Free PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=1319 Asia-Pacific: Dominant Market with Emerging Opportunities In nutraceutical ingredient market, Asia-pacific has come up as a dominant market with largest share and highest growth rate in coming years. This is because of the major factors that is driving the economy of region and are having direct impact on nutraceutical product market, moving to ingredient market. The rate of urbanization in the various growing economies of Asia-pacific is very high and even the population is expected to grow with a significant rate in nations such as India, China etc. The economy is expected to improve in the future of various nations in the region, resulting in increase in disposable income. As the disposable income of people is expected to rise, they tend to spend a ratio of their income towards health benefits that creates market for nutraceutical products resulting in high demand for nutraceutical ingredients.
On the other side, the economies of Oceania are experiencing aging population, which is coming up as major driver in countries such as Australia, New-Zealand etc. The population growth rate in the region is not very high, however nutraceutical ingredients are gaining market share with more and more old people preferring nutraceutical products over medicines in order to prevent old-age diseases. Inquiry before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1319
Functional Beverage: Untapped Potential Functional beverages are expected to experience the highest growth rate in coming years among the entire application market for ingredients. The revenue from product market is very high; however the nutraceutical ingredients are still seeking for existence in functional beverages market. The wider will be the application of ingredients in the functional beverages sector, more will be the growth prospective for ingredients in ingredient application market. Browse related reports Probiotics Market by Products (Functional Foods, Dietary Supplements, Specialty Nutrients, Animal Feed), Applications (Regular, Therapeutic, Preventive Health Care) And Ingredients (Lactobacilli, Bifidobacteria, Yeast) - Global Trends & Forecasts To 2017 http://www.marketsandmarkets.com/Market-Reports/probiotic-market-advanced-technologies-andglobal-market-69.html Gluten-Free Products Market By Type (Bakery & Confectionery, Snacks, Breakfast Cereals, Baking Mixes & Flour, Meat & Poultry Products), Sales Channel (Natural & Conventional) & Geography - Global Trends & Forecasts To 2018 http://www.marketsandmarkets.com/Market-Reports/gluten-free-products-market-738.html About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductors and electronics, aerospace & defense.
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