Nutraceutical ingredients Market Growth Projections to 2032

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Nutraceutical Ingredients Market Size to Cross
106 Bn by 2032
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Overview of Collagen Supplement Market

• The Nutraceutical Ingredients Market is
  anticipated to grow substantially though 2032,
  owing to the growing demand to improve
  nutritional content in food beverages.
  Moreover, the increased demand for fiber-rich
  goods and high nutritional supplement products
  would add to the market prospects over the coming
  years. The need for proper nutrition will be
  driven by the rising prevalence of lifestyle
  diseases, gastrointestinal diseases, as well as
  personal care spending.
• Additionally, inclining consumer interest towards
  dietary products and the advantages they offer,
  such as intestinal health and blood sugar and
  cholesterol control, may open profitable business
  opportunities for the market players.
• The nutraceutical ingredients market has been
  segmented in terms of product, form, application,
  and region.
• Based on product, the probiotics segment is
  slated to grow at 9.0 CAGR from 2023 to 2032,
  attributed to the emergence of livestock
  diseases. As per credible sources, an estimated 1
  in 5 farm animals are lost to diseases every
  year. Probiotics are being largely incorporated
  in livestock nutrition products.

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• Leading brands are working on creating probiotic
  products to increase immune response and maintain
  the quality of products derived from animals. For
  instance, in July 2022, Kemin Industries
  introduced ENTEROSURE to lower the transmission
  of dangerous bacteria in poultry and animals. The
  latest probiotic product from the company
  enhances animal productivity while fostering
  intestinal resilience, a healthy microbiome, and
  gut health.
• In terms of form, the liquid form segment is
  estimated to grow considerably since it can be
  manufactured without much hassle and are
  cost-effective. Compared to dry products, liquid
  products are quite easy to ingest.
• With respect to application, the functional
  beverage segment is expected to expand
  exponentially over 2023-2032, driven by an
  increase in demand for energy-boosting functional
  beverages amongst the wider populace and athletes
  for enhanced physical performance.
  Probiotics-based foods and drinks are regarded as
  the prospective functional beverages that are
  rather popular and have a higher customer
  acceptance among novel functional foods on the
  market. Probiotics have considerable effects on
  the body when ingested in appropriate amounts,
  and they also assist the host's health by giving
  essential nutrients.

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• From the regional perspective, the Latin America
  nutraceutical ingredients market is projected to
  acquire more than USD 5.5 billion market share by
  2032. The expanding middle-class population is
  likely to boost the regional market growth during
  the foreseeable period. Furthermore, the measures
  taken by various governments and public groups to
  address health concerns and the region's
  significant livestock population is anticipated
  to fuel the market growth for animal nutrition.
• Notable participants in the Collagen Supplement
  market include BASF SE, ADM, Ingredion, DSM NV,
  Cargill, Tate Lyle, Ajinomoto, Roquette Freres,
  Arla Food Ingredients, Divis Laboratories,
  Cosucra Groupe Warcoing SA, Prinova Group, LLC,
  Ambe Phytoextracts Pvt Ltd, Nutraland USA, Nutra
  Food Ingredients, Aurobindo Pharma Ltd,
  Associated British Foods Plc, Aurea Biolabs,
  Innophos (Nutragenesis, LLC), and AVT Natural
  Products Ltd.

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