Home > Healthcare > Health Ingredients Market
Health Ingredients Market Size
- Report ID: GMI6402
- Published Date: Aug 2023
- Report Format: PDF
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.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Health Ingredients Market Size in 2022: | USD 100.3 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7.3% |
| 2032 Value Projection: | USD 202.9 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 250 |
| Tables, Charts & Figures: | 301 |
| Segments covered: | Source, End-user, Type, Function, Application, Region |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
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.
Frequently Asked Questions (FAQ) :
Health Ingredients Market Scope
