Bioactive Ingredients Market Price & Strategy Framework To 2014 - 2025
Bioactive ingredients are extra nutritional constituents found in small quantities in foods that have a biological effect on the body. These ingredients are derived from living systems and plants. The factors that are playing a major role in the growth of bioactive ingredients market are growing per capita income in developing countries, the rising health concerns, and growing awareness among populace regarding a healthy lifestyle. However, intra-government standards and lack of patent protection guidelines and licensing are the factors that may restrain overall market growth in the years to come. Bioactive ingredient market is segmented based on type, application, and region.
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Carotenoids & antioxidants, prebiotics, fibers & specialty carbohydrates, probiotics, vitamins, amino acids, peptides & proteins, minerals, omega 3 & structured lipids, phytochemicals & plant extracts, and other types could be explored in bioactive ingredients in the forecast period. Fibers & specialty carbohydrates sector accounted for the significant market share of bioactive ingredients and are estimated to lead the overall market in the years to come. The reason could be rising awareness among populace regarding a healthy lifestyle, prevention of cancer and cardiovascular diseases, and maintaining intestinal health. Also, phytochemicals & plant extracts sector is estimated to grow at the fastest pace in the years to come.
The market could be categorized based on applications like personal care, functional food, animal nutrition, functional beverages, dietary supplements, and others that could be explored in the forecast period. Dietary supplement sector accounted for the substantial market share of bioactive ingredients and is estimated to continue with its dominance in the years to come. The reason could be growing health-conscious customers. Also, the sector is estimated to grow at the highest CAGR in the years to come.
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