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Nutraceutical Ingredients Market Share

Report ID: GMI2223
Published Date: Apr 2023
Report Format: PDF

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Nutraceutical Ingredients Market Share

Major companies operating in the nutraceutical ingredients market are:

BASF SE
ADM Ingredion
DSM NV
Cargill
Tate & Lyle
Ajinomoto
Roquette Freres
Arla Food Ingredients
Divis Laboratories
Cosucra Groupe Warcoing SA
Prinova Group, LLC
Ambe Phytoextracts Pvt Ltd
Nutraland USA
Nutra Food Ingredients
Aurobindo Pharma Ltd
Associated British Foods Plc
Aurea Biolabs
Innophos (Nutragenesis, LLC),
AVT Natural Products Ltd.

These firms have been expanding their global footprints in order to broaden their customer reach.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of nutraceutical ingredients was worth over USD 50.2 billion in 2023, given the accentuating demand for food products with rich nutritional composition and added health benefits.

The dry-form nutraceutical ingredients industry size is estimated to cross USD 74.9 billion by 2032, attributed to the easy manufacturing and low storage, shipping, and transportation costs associated with dry ingredients.

The functional food applications is expected to amass more than USD 35.2 billion in revenues by 2032, owing to the changing dietary preferences and growing consumer inclination toward nutritional foods and drinks.

BASF SE, ADM, Ingredion, DSM NV, Cargill, Tate & Lyle, Ajinomoto, Roquette Freres, Arla Food Ingredients, Divis Laboratories, Cosucra Groupe Warcoing SA, Prinova Group, LLC, Ambe Phytoextracts Pvt Ltd, Nutraland USA, Nutra Food Ingredients are some notable players operating in the market.