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Food Supplement Ingredients Market Analysis

Report ID: GMI3097 Published Date: October 2023Report Format: PDF
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Food Supplement Ingredients Market Analysis

The probiotics product segment will record over 5.5% CAGR through 2032, led by the increasing awareness of the critical role of gut health in overall well-being.

 

  • Consumers are proactively seeking products that support their digestive health and overall immune function, leading to a surge in demand for probiotics. The positive word-of-mouth experiences and testimonials from consumers who have realized tangible health benefits from probiotic usage have bolstered the product demand.
  • Extensive research highlighting the potential benefits of probiotics, such as improved digestion, enhanced nutrient absorption, and immune system support, are contributing to their popularity.

The powder form segment of food supplement ingredients market will expand at 6.5% CAGR during the forecast period, attributed to its ability to be customized as well as its versatility.

  • Powdered food supplement ingredients can be easily customized and blended into various food and beverage products, allowing consumers to incorporate supplements into their daily routines in a convenient and enjoyable manner.
  • The powder form is often considered to have better bioavailability compared to pills or capsules. As the body can absorb and assimilate the nutrients in powder form more rapidly, it is particularly advantageous when the goal is to deliver quick results, such as with energy-boosting or recovery-focused supplements.

Considering end-use, the food supplement ingredients market from adults segment is projected to witness 7% CAGR between 2023 and 2032. The growth is ascertained to the increasing health-consciousness and focus on wellness among the middle-aged and senior demographics.

 

  • Adults are more inclined to invest in dietary supplements to address age-related health concerns, such as bone health, joint support, cognitive function, and overall vitality, which contributes to the sustained product demand.
  • The desire for improved quality of life and a preventive attitude towards health concerns are responsible for the preference of food supplement ingredients among adults, fostering market growth.
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North America food supplement ingredients market size will showcase around 6.5% CAGR till 2032, favored by the heightened focus of population on health and wellness. Consumers are consistently seeking dietary supplements, including vitamins, minerals, and specialized ingredients to fulfill the nutritional body needs. The region also has an aging population that require supplements to cater to age-related health concerns, such as joint health, cognitive function, and heart health. The focus on enhancing the quality of life and promote healthy aging, in consort with preference for immune-boosting supplements will create lucrative growth prospects for market players in the North America region over the coming years.

Author: Kunal Ahuja, Sarita Bayas
Frequently Asked Question(FAQ) :

How will North America food supplement ingredients market grow over 2023-2032?+

North America market size will expand at 6.5% CAGR through 2032, favored by the heightened focus of population on health and wellness, along with demographic shift toward geriatric stage.

Who are the leading players in food supplement ingredients industry?+

DSM Nutritional Products, BASF SE, Archer Daniels Midland Company (ADM), Lonza Group, Cargill, Incorporated, Naturex (Givaudan), Nutralliance, Ingredion Incorporated, Glanbia Nutritionals, and Kerry Group.

What is the size of the food supplement ingredients market?+

The market size of food supplement ingredients is set to grow at 7% CAGR from 2023 and 2032, due to the increasing awareness and focus on overall health and wellness among consumers.

Why is probiotics product gaining traction in food supplement ingredients industry?+

The probiotics product segment will record over 5.5% CAGR through 2032, driven by the extensive research highlighting the potential benefits of probiotics, such as improved digestion, enhanced nutrient absorption, and immune system support.

Food Supplement Ingredients Market Scope

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