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The prominent player like Lonza Group significantly impacts the competitive landscape of food supplement ingredients industry through its extensive and diverse product portfolio, research and innovation initiatives, stringent quality and safety standards, global presence, and the provision of customized solutions. Its comprehensive approach enables Lonza Group to serve a broad customer base and stay at the forefront of industry developments. Some leading companies the market are:
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.
DSM Nutritional Products, BASF SE, Archer Daniels Midland Company (ADM), Lonza Group, Cargill, Incorporated, Naturex (Givaudan), Nutralliance, Ingredion Incorporated, Glanbia Nutritionals, and Kerry Group.
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.
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.