New York,
NY 7 Jan 2020: 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.
Recent studies have indicated that
fiber intake can prevent various diseases such as diabetes, and obesity. They
are also found out to reduce chronic degenerative ailments. Such trends have
benefitted the product demand in the recent past and is expected to do so over
the forecast period.
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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.
Effective encapsulation methods are
in high demand for preservation of these compounds until it is reached to the
physiological action site. Bioactive food categories have been gaining
significant interest owing to its potential health benefit propositions. They
are useful for improving endothelial function, increasing the gut microbial diversity,
reducing bone loss and also for overall improvement of cognitive body function.
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.
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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.
Bioactive ingredients are used in
personal care as they are having various effects such as healthy skin, reduced
wrinkles and reduction in melamine formation. Personal care application segment
has seen a rise in market size over the recent past due to various factors such
as changing perceptions, rising disposable income and increasing standard of
living. The growth in personal care industry is expected to benefit the market
growth of bioactive ingredients 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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