Health Ingredients Market Size - By Source (Plant Based, Animal Based, Microbial Based, Synthetic), By End-user, By Function (Immune Health, Digestive Health, Bone and Joint Health, Heart Health, Weight Management, Cognitive Health, Skin Health, Energy and Endurance, Sleep and Relaxation, Stress Management, Metabolic Health, Anti-inflammatory), By Application & Global Forecast, 2023 – 2032
Report ID: GMI6402
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Published Date: August 2023
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Report Format: PDF
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Premium Report Details
Base Year: 2022
Companies covered: 15
Tables & Figures: 301
Countries covered: 19
Pages: 250
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Health Ingredients Market Size
Health Ingredients Market size was valued at around USD 100.3 billion in 2022 and is estimated to reach USD 202.9 billion by 2032. Consumers are increasingly prioritizing their health and well-being.
They are seeking foods and beverages that offer added nutritional benefits and can support their overall health, leading to a rise in demand for health ingredients. Consumers are looking for products that contain health ingredients that can support mobility, cognitive function, and overall vitality in later stages of life. The prevalence of chronic diseases, such as obesity, diabetes, and cardiovascular issues, has been on the rise globally. As a result, consumers are proactively seeking products with health ingredients that may help in managing or preventing these conditions.
Health ingredients often come with health claims and functional benefits, leading to stricter regulatory scrutiny. Ensuring compliance with various food safety and health regulations can be challenging and time-consuming for manufacturers. Sourcing high-quality health ingredients consistently can be challenging, especially for niche or novel ingredients. Developing and incorporating health ingredients into products can increase manufacturing costs, potentially leading to higher product prices.
COVID-19 Impact
With the outbreak of COVID-19, there was a surge in demand for products containing health ingredients believed to support the immune system. Consumers sought out products with ingredients like vitamins, minerals, antioxidants, and probiotics to boost their immune health.
Health ingredients Market Trends
The demand for plant-based and natural health ingredients has been rising as consumers seek cleaner and more sustainable options. Ingredients like plant-based proteins, herbal extracts, and natural sweeteners are gaining popularity. There has been a growing emphasis on products containing health ingredients that support immune health. Consumers are seeking ingredients like vitamins (e.g., vitamin C, vitamin D), minerals (e.g., zinc), probiotics, and antioxidants believed to boost immunity.
Health ingredients Market Analysis
Based on source, the health ingredients market is segmented as plant based, animal based, microbial based, synthetic. Plant based held a majority market value of USD 32.5 billion in 2022. The increasing adoption of plant-based diets and flexitarian lifestyles is driving demand for health ingredients sourced from plants, such as plant-based proteins, fibers, and antioxidants.
Based on end-use, the health ingredients market is segmented as adults, children & infants, elderly. Adults held a dominant market share of around 40% in 2022. Adults are increasingly adopting proactive approaches to health and wellness. They seek health ingredients that support overall well-being and preventive health measures, such as vitamins, minerals, antioxidants, and probiotics.
Based on product type the health ingredients market is segmented as vitamins, minerals, probiotics, prebiotics, omega-3 fatty acids, proteins and amino acids, whey protein, casein protein, plant-based proteins, fiber, enzymes, antioxidants, sweetners, plant extracts. Vitamins segment is anticipated to grow at 6.2% CAGR by 2032. The demand for vitamins and minerals supplements is driven by adults seeking preventive health measures and support for overall well-being. Adults use these supplements to address specific health concerns related to aging, such as bone health, immune support, and cognitive function.
Based on function the health ingredients market is segmented as immune health, digestive health, bone and joint health, heart health, weight management, cognitive health, skin health, energy and endurance, sleep and relaxation, stress management, metabolic health, anti-inflammatory, others. The demand for health ingredients with immune-supporting properties is driven by consumers' concerns about maintaining a strong immune system, especially during times of seasonal challenges or health crises.
Based on function the health ingredients market is segmented as Functional Foods, Dietary Supplements, Sports Nutrition, Infant Nutrition, Medical Nutrition, Beverages, Bakery and Confectionery, Personal Care and Cosmetics, Pharmaceuticals, Animal Feed, Others. Functional foods and beverages incorporating health ingredients offer convenient, on-the-go nutrition with added health benefits.
U.S. dominated the North American region with majority health ingredients market share and a revenue of USD 24billion in 2022. The increasing awareness of health and wellness among consumers in North America is a significant driver for health ingredients. Consumers are seeking products that offer added nutritional benefits and support their overall well-being.
Health Ingredients Market Share
Some of the major market players operating in the health ingredients market are:
Health Ingredients Industry News:
Health ingredients market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Billion & Units from 2018 to 2032, for the following segments:
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By Source
By End-use
By Type
By Function
By Application
The above information is provided for the following regions and countries: