New York
City, 23 January 2019: The global Bioactive Ingredients Market Size is anticipated to witness significant
growth over the forecast period and by 2026 the industry revenue estimates are
projected to reach USD 50.89 billion. Increasing awareness of fitness among
people is expected to positively impact the demand of bioactive products
market.
These
products provide various health related benefits owing to their antioxidant,
anti-allergic, anti-inflammatory, anti-obesity, anti-tumor, anti-viral and
anti-uropathy properties. These bioactive products also enable better
management of health conditions among human beings. All these factors combined
together are anticipated to positively drive the growth of the market.
Vitamin
bioactive ingredients have been found to have health effects on the human body
especially the skin. Proper intake of vitamin enhances collagen production,
discourages melanin formation and pigmentation, and is helpful for a toned
skin. They can also be used to reduce wrinkling and lightening of the skin.
Such advantages are expected to boost the segment demand over the forecast
period.
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Novel
extraction methods for extracting plant based bioactive ingredients have been
developed. These methods are environmentally friendly, require less operational
time, and do not hamper the quality of the extracts. Also, there has been
rising demand for plant extracts bioactive ingredients from applications such
as food and chemical industries. Such trends are expected to benefit the
segment growth over the forecast period.
Functional
food & beverages application segment dominated the global bioactive
ingredients market over the recent years and is expected to continue this
dominance across the forecast period. Due to its inherent set of advantages,
there has been growing awareness regarding preventive healthcare across the
globe. Functional foods help consumers in their pursuits towards preventive
healthcare. This factor coupled with the available product portfolio of
functional foods, is expected to aid the segment market growth.
Dietary
supplements are used to maintain the proper functioning of the human body. Due
to factor such as rising disposable income, and access to various sources such
as internet have led to an increase in awareness regarding dietary supplements
usage. All these factors are expected to benefit the segment demand over the
forecast period. Clinical nutrition has gained importance in recent past owing
to its role in maintaining body health and treatment to patients. Bioactive
ingredients assist in clinical nutrition as they help in maintain a healthy
body. This trend is expected to benefit the segment demand over the forecast
period.
Companies
are focusing more on development of innovative products to acquire market
share. Customized product offerings to treat specific diseases such as skin
diseases are being developed by industry participants. Major industry
participants include BASF, DuPont, Cargill Inc., Archer Daniels Misland
Company, Ingredion Incorporated, Ajinomoto Co. Inc. and Owen Biosciences Inc.
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