As stated in our extensive report; the Global Nutraceutical Excipients Market accounted forUSD 3.2 Billionin 2021.
The Global Nutraceutical Excipients Market is driven by the growing dietary industry and increasing application of foods and 10;The excipients with multiple properties are used on a large scale. The Global Nutraceutical Excipients Market is estimated to show growth in the forecasted period owing to the increasing application of Nutraceutical Excipients.
An increase in dietary product launches and consumption is anticipated to increase the demand for Nutraceutical Excipients. In addition, increasing health consciousness and consuming fortified foods is a Nutraceutical Excipients Market trend. Furthermore, nowadays, Preventive care is especially emphasized, indulging many investments in products and solutions, which is anticipated to bring momentum to the Nutraceutical Excipients Market.
The increasing number of chronic disorders and nutrition deficiency diseases is expected to increase demand for Nutraceutical Excipients. Furthermore, raising awareness of such conditions and preventive care methods is expected to drive the Global Nutraceutical Excipients Market. In addition, the government initiative to mandate food fortification and increase awareness of the benefits of these Nutraceutical Excipients among consumers is accelerating the demand for these Nutraceutical Excipients, which is further growing the Global Nutraceutical Excipients Market.
To sum up, the Nutraceutical Excipients Market drivers, the technological advancements in nanotechnology along with multiple features, emphasized preventive care, surging healthcare expenditure, change in consumers' lifestyle, and increasing consumption of fortified food products are anticipated to lead the Nutraceutical Excipients Market growth globally. All these factors mentioned above have been driving the Global Nutraceutical Excipients Market and are expected to grow the Global Nutraceutical Excipients Market in the forecasted period.
The Global Nutraceutical Excipients Market based on the region is divided into and the rest of the world. However, the has been dominating Nutraceutical Excipients Market. Due to emphasized awareness of Nutraceutical Excipients among consumers, busy lifestyle of people, consumption of nutritional foods, and technological advancements in products and solutions in the region. The has dominated the Nutraceutical Excipients Market.
Furthermore, the regions like is estimated to lead the Nutraceutical Excipients Market growth in the region. The increase in demand for nutritional and healthy foods and increasing investments of foreign countries in the food industry in the region are expected to show the Nutraceutical Excipients Market growth at a significant compound annual growth rate.
Some of the prominent key players in the Global Nutraceutical Excipients Market include- DuPont (US), BASF SE (Germany), Kerry Group PLC (Ireland), Ingredion PLC (US), Sensient Technologies (US), Associated British Foods (UK), Roquette Freres (France), Meggle Group Wasser (Germany), Cargill Inc (US), Ashland Global Holdings Inc (US), Seppic (France), Shin-Etsu Chemical Co Ltd (Japan), Fuji Chemical Industries Co. Ltd. (Japan), Pharmatrans Sanaq AG (Switzerland), Pioma Chemicals (India), Gattefosse (India), W.R. Grace & Co (US), Omya (Switzerland), Grain Processing Cor.p (US), Gangwal Chemicals Pvt. Ltd. (India), IMCD (Netherlands), Hilmar Ingredients (US), Innophos Holdings Inc (US), JRS Pharma (Germany), Biogrund GmbH (Germany), Pharma Line Int'l Corp. (South Korea), Jigs Chemical (India), Panchamrut Chemicals (India), Azelis Chemical Ltd. (Europe), Daicel Group (Japan) and 160;