Tuesday, 7 July 2020

3D Printing Metal Market Size Historical Growth, Analysis, Opportunities and Forecast To 2026

The global 3D printing metal market is expected to reach USD 3.06 billion by 2026 with a CAGR of 23.6% during the forecast period as per a new study released by Polaris Market Research. The report “3D Printing Metal Market [By State (Powder, Filament, and Others); By Metal Type (Titanium, Nickel, Stainless Steel, Aluminum, and Others); By End-Use (Medical, Automotive, Aerospace & Defense, and Others); By Regions]: Market size & Forecast – 2018 – 2026”. provides an extensive analysis of present market dynamics and predicted future trends.

Large industrial application has significantly increased the 3D printing (3DP) metals market growth. Additive manufacturing technologies such as 3D printing are their prime applications. Features such as low weight and high strength, with exceptions of very high resistivity to corrosion feature, makes the application of 3D printed metals favorable. Increased emphasis by leading manufacturers, expert 3D printer vendors, 3D printing service agencies, software vendors, professional service providers, and other stakeholders is increasing the attractiveness of the 3D printing metal market.


Globally, the 3DP metals market is driven by aerospace & defense industry. This know-how marks in lighter, faster, and highly efficient materials and technologies as compared to traditional ones. Furthermore, The 3DP metals manufacturing is flagged by high value customized production which makes it alluring the small, medium-sized, and big businesses. 

The growth of 3D printing metal industry is substantially influenced by the medical industry as well and has prime application in hearing aids manufacturing. Technological advancement in 3D printers significantly impact the medical industry owing to rising focus of healthcare practitioners on quality improvement, cost reduction, and growing theragnostic approach.


3DP metal industry is characterized by lucrative growth opportunities for both suppliers and operators. Suppliers have potential to capture lead by reducing cost of supply aftercare services. This makes potential application analytics for the spare parts consumption, and minimizing the length of development and retooling process. Varied metals used in the manufacturing process are customized as per the end-user’s. The fastest growth is anticipated by Titanium owing to excellent production precision properties and greater features over all other types of metal.

  
The market is dominated by North America with the United States holding the largest share in the region. Further, the Asia Pacific market is projected to grow with the fastest CAGR during the review period owing to high R&D investments and rising manufacturing market by big market participants in South Korea, China, and Japan, and liberating administration guidelines. The global 3D printing metal market is consolidated and comprise of varied companies. Few key organizations include Arcam AB, 3D Systems Corporation, ExOne GmbH, Renishaw Plc, Hoganas AB, Carpenter Technology Corporation, Equispheres, Materialise NV, and Sandvik AB.


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Monoclonal Antibodies mabs Market Overview with Detailed Analysis, Competitive landscape Forecast to 2026

According to a new study published by Polaris Market Research the worldwide monoclonal antibodies market is anticipated to reach over USD 148.9 billion by 2026. In 2017, by indication, the cancer segment dominated the global market in terms of revenue; wherein fully-human monoclonal antibodies held a major share of the market. In terms of geography, North America accounted for the majority share in the global monoclonal antibodies market.

The monoclonal antibodies (mAbs) market is mainly driven by an active pipeline, wherein many monoclonal antibodies are at the different stages of drug development. In addition, increased in research and development, favorable government policies and rising prevalence of cancer and other chronic diseases supplement the market growth. The other factors that augment that market growth include the increasing the demand for personalized medicine and rising awareness among medical professional and patients about the latest medical therapies. Moreover, emerging targets such as central nervous system disorders, price correction and new delivery strategies for monoclonal antibodies provide opportunities for market growth in the near future.




Monoclonal antibodies constitute a major share of the pharmaceutical market with several monoclonal antibodies still in the pipeline. With over 30 monoclonal antibodies approved for use by regulatory authorities, many monoclonal antibodies are in the pipeline at the pre-clinical stage and various stages of clinical trials. Furthermore, availability of advanced technology for monoclonal antibodies production has egged on many other market players to develop their own pipelines. Also, in the last few years the patents of many monoclonal antibodies have expired thereby encouraging other pharmaceutical companies to undertake production of monoclonal antibodies.

There has been an increase in the research and development activities in the field of monoclonal antibodies. Several biomedical and technological advances in genetic engineering and next generation genome sequencing have fuelled the growth of the monoclonal antibody market. Also, multiple new targets have been identified during preclinical research, which has led to the development and production of newer monoclonal antibodies by using various cytotechnological methodologies. In addition to this, favorable government initiatives to enable cost-effective production of monoclonal antibodies would give impetus to the monoclonal antibodies market growth. Also, pre-defined guidelines by regulatory bodies would ensure the safe, effective and high quality manufacturing of monoclonal antibodies Recently, the European Commission approved the first biosimilar mAb Celltrion’s Truxima (biosimilar rituximab), thereby boding well for its potential approval in the U.S.
  


Based on indication, the global monoclonal antibodies market is segmented in to cancer, inflammation, cardiovascular diseases, transplant rejection, respiratory and infectious diseases. The cancer segment is expected to lead the market during the forecast period owing to rapidly expanding patient pool, awareness about monoclonal antibodies among physicians and patients, improving medical facilities, high spending power in developed countries and increasing disposable incomes in developing countries.

The leading companies operating in this industry include Pfizer, Inc., GlaxoSmithKline PLC, Novartis AG, Merck & Co., Inc., Eli Lily & Co., AstraZeneca, Amgen, Inc., Abbott Laboratories, Thermo Fisher Scientific, Inc., Bistro-Myers Squibb. Mylan N.V., Daiichi Sankyo Company, Ltd., Bayer AG, Hoffmann-La Roche Ltd., and Novo Nordisk A/S. The market players have adopted various strategies such as novel product development, new product release, and venture capital investments among others to establish a foothold in the market and increase their customer base.

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Microscope Market New Industry Research On Present State & Future Growth Prospects to 2026

According to a new study published by Polaris Market Research the worldwide microscope market is anticipated to reach USD 12,851.2 million by 2025. In 2017, the electron microscope segment dominated the global market, in terms of revenue, whereas Asia-Pacific accounted for the majority share in the global microscope market.

Several technological advancements in the fields of nanotechnology, semiconductors and life sciences have augmented the growth of the microscope industry. In addition, this has encouraged government bodies to invest in research and development; which in turn has led to an increase in research and development activities in companies, small laboratories and academic institutions. Companies and academic institutions are increasing collaborations for shared use of advanced laboratory equipment has further supplemented market growth. The other factors driving the market growth include lightweight and portability of certain microscopes production of robust, more accurate and relatively cheaper instruments, and widespread adoption of microscope use by manufacturers across various domains. Emerging market in developing countries and newer innovative fields of application provide numerous opportunities for growth.


The major driver of the growth of the microscope market is the advancements in the field of nanotechnology. Various factors such as optimal energy consumption and its conservation, environmental preservation, and increasing industrial productivity and quality by optimizing operational efficacy have fuelled the growth of nanotechnology. Also, miniaturization in semiconductor and electronics industry and material science has boosted market growth. Furthermore, the extensive use of microscopes and technological advancements in the field of forensic sciences, pharmacology, cell biology, biophysics and microbiology among other life sciences has augmented market growth.
  
In view of increasing technological advancements and its benefits, there has been an increase in the research and development activities in companies, small laboratories and academic institutions. It has also encouraged the government bodies to increase funding of such research and development activities. Moreover, companies and academic institutions are collaborating in order to use advanced laboratory equipment, which in turn has also supplemented market growth.

The recent technological advancements in the manufacturing process of microscopes has led to the production of robust, more accurate and relatively cheaper instruments. In addition, certain microscopes are lightweight and portability in nature which has further contributed to the market growth. Furthermore, recent advancements in commercial applications of nanotechnology, life science and semiconductor manufacturing has led to a widespread adoption of microscope use by manufacturers across various domains.


Asia-Pacific dominates the global market and is predicted to exhibit growth at the highest CAGR during the forecast period. This rapid growth is due to the swelling economic growth in countries such as China and Japan. Various factors governing the growth in this region include presence of major market players in this region, increasing government and rapidly increasing research and development activities. Furthermore, various technological advancements in the field of material and life sciences, and nanotechnology is further boosting the market growth.



The different types of microscopes include optical microscopes which is further categorized into inverted microscopes, stereomicroscopes, phase contrast microscopes, fluorescence microscopes, confocal scanning microscopes, near field scanning microscopes, other optical microscopes; electron microscope which is further categorized into transmission electron microscope which is further categorized into scanning electron microscope; scanning probe microscope; and others. The electron microscope segment is expected to dominate the market during the forecast period owing to technological advancements, in the fields of material and life sciences. Electron microscope segment is further sectioned into scanning electron microscope and transmission electron microscope.

The key market players profiled in the report include Nikon, Carl Zeiss AG, Leica Microsystems, Hitachi High Technologies, Bruker Corporation, NT-MDT Company, FEI Company, Jeol Ltd., Olympus Corporation, Asylum Research, Omax Corporation, Amscope, Celestron, Motic and Magnus Analytics. These market players have adopted various strategies such as such as new product release, novel technology development and collaboration among others to expand their foothold and increase their customer base.

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Face Mask Market Future Technological Trends and Business Opportunities By 2026

The global Face Mask market size is expected to reach USD 7.22 billion by 2026 according to a new study by Polaris Market Research. The World Health Organization (WHO) has recommended to use face mask in home as well as in all healthcare institutions to successfully tackle the health challenges and infection dangers posed by COVID-19. Face mask is used for protection against respiratory infections and to create the physical barrier between nose and mouth of the wearer and potential contaminants in the immediate environment and are available in different thickness and ability to protect from contaminants. The rising cases of corona virus across the globe is expected to benefit the market over the next six years.

Continuously increasing pollution and unhealthy working hours, growth in consumer awareness regarding airborne infections associated with the rise in outbreaks in the recent past, high consumption rate of surgical mask for personal use, increasing demand for face mask from e commerce platforms, rising standard of living, are some of the factors benefitting the market growth.


The healthy demand for disposable designer face mask, increasing demand for face mask among the younger generation and disposable face mask among the general public are the factors expected to provide promising growth opportunities for the global market during the forecast period. However, the increasing demand for counterfeit products both in physical stores and on online platforms is expected to challenge the growth of the global market during the forecast period.

In 2020, North America region is expected to dominate the market in terms of value and volume during the forecast period. This dominance is due to the increased spending of consumers on personal care products and growing awareness regarding pathogenic infections are some of the factors benefitting the regional market growth. However, the Asia-Pacific is expected to witness the highest growth rate from 2020 to 2026. The demand for novel product line from millennial and generation X consumer groups in the region is expected to register highest growth rate during the forecast period.



Moreover, the key players involved in the global Face Mask Market include, Moldex, Shanghai Dasheng, Kimberly-Clark, BDS, Gerson, Halyard Healthcare, SAS Safety Corp., Honeywell, Irema, KOWA, 3M, McKesson, MolnlyckeHealth, CM, Sinotextiles, DACH,Te Yin, Hakugen, and Uvex among others are key players in the market.. Product launch, merger & acquisition, and partnerships encompass key players’ strategies to preserve and capture the most important share of the global market.
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Carbon Dioxide Market by Manufacturers, Regions, Type And Application, Industry Analysis And Forecast Till 2026

The global carbon dioxide (CO2) market is anticipated to reach USD 9.16 billion by 2026 and is anticipated to grow at a CAGR of 3.9 % from 2018 to 2026. The carbon dioxide (CO2) market is anticipated to witness significant growth over the forecast period. Increasing enhanced oil recovery operations by upstream players, in order to maintain their production levels, are expected to boost the market demand. Increasing use of carbon dioxide in application industries such as refrigeration, food & beverages, chemical wholesaling, and pharmaceuticals is projected to propel the market growth.

Growing demand for carbonated drinks and soda water is a major factor contributing to the market growth over the next nine years. The high cost of carbon dioxide capture, liquefaction, and transportation is anticipated to act as the key restraining factor for the market growth. Concerns regarding oversupply of carbon dioxide from numerous potential sources and the subsequent reduction in its price are likely to hamper the market growth.


The industrial gases can be transported in the gaseous or liquid form via pipelines, ships, and road tankers. Currently, transporting the gas as a solid form is neither cost-effective nor feasible from an energy usage point of view. Pipelines are the most cost-effective mode of transport for large quantities of carbon dioxide. Economies of scale make it economic to transport 1 Mt to 5 Mt per year over 100 km to 500 km or 5 Mt to 20 Mt per year over 500 km to 2,000 km.

To overcome the problems caused by CO2 emission globally, governments have established various regulations and directives on Carbon Capture and Storage (CCS) for the safe storage and transportation of carbon dioxide. These legal frameworks contain provisions regarding the capture and transport components of CCS technology. Globally, government agencies have formulated various regulations for the proper storage and transportation of carbon dioxide. These regulations are beneficial for preventing environmental & health risks. In addition, these regulations also provide security of the carbon dioxide storage sites.

Companies are developing advanced CCS technologies for effectively capturing, purifying, liquefying, and storing of gas. These industry participants are also engaged in development of effective systems for the transportation of CO2, which include ships, pipelines, road and rail, tankers. CCS technology is more effective for CO2 in gas and liquid state.


An Increase in the number of power plants and chemical industries is also contributing to the carbon dioxide production globally. Companies are installing CCS plants, which could be utilized for industrial use. The increasing demand for carbon dioxide in the end-use industries is a major factor contributing to the market growth. Increasing application of EOR technologies especially in the North American region, owing to a rising number of mature wells, is one of the major factors contributing to the growth of the market.

The rising application of EOR activities on account of an increasing number of matured oil and gas fields, the demand for carbon dioxide for utilization in these activities is also increasing. Hence, the growing carbon dioxide demand for EOR activities is expected to drive the CCS industry over the forecast period.

Since, CO2 is a waste byproduct of human respiration, its medical usage is limited. However, it is considered as one of the major medical gasses. In the medical industry, carbon dioxide is also used in cryotherapy and respiratory stimulation during & after administration anesthesia. In cryotherapy, frozen CO2 snow (–78.5°C) is used for destroying body cells by the process of crystallization. This process can also be used for the removal of skin tag, moles, and warts.

The cost of the carbon dioxide capture and storage technology along with a new plant set up is very high and this may not prove to be a viable solution for many industry players or even countries globally. Therefore, the high cost of CCS is expected to restrain the market in the near future.

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Hotel Management Software Market Analysis, Segments, Major Geographies and Current Market Forecasts 2026

The global Hotel Management Software market size is expected to reach USD 32.9 Billion by 2026 according to a new study by Polaris Market Research

The hotel management software market is projected to witness a significant growth over the forecast period. Hotel management systems essentially help owners and managers to handle their workload effectively. This frees up enough time for these users which can then be utilized to concentrate on more important parameters such as improving customer experience, chalking out marketing plans, and creativity. These aforementioned factors are critical success factors in the tourism industry. Thus, in an era of high industrial rivalry, hotel management software aid owners to concentrate more on critical success factors.

Some of the key features of such management software include scalability, data security, ease of usage, variety of payment platform integration, theft control, centralized system with end to end seamless integration among others.  Such features enable the user to have complete control over the entire value chain and also analyses what works for his business and what does not. The data can also be fed to external activities such as marketing to gain higher business. All these factors are benefitting the market over the next six years.


Customized services provided by key industry participants is a major market trend. Not all properties have the same software requirements and hence companies have to provide them with a solution that best suits the customer needs. Therefore, industry participants work in collaboration with their clients to correctly assess needs and design a solution. This factor has resulted in a wide variety of hotel chains, upscale midscale and economy alike deploying hotel management software.

Development of novel software products, plug ins and tools has completely revolutionized the market. Companies provide a set of built in tools that aid in complex operations such as marketing, work force management among others. For example, built in tools for marketing, aid and assist in the segmentation of customer data based on their historical spending to include them in targeted promotions aimed at increasing sales. These built in tools also aid in marketing campaigns by automatically sending push in notifications, SMS alerts, emails, etc. They also provide services such as post campaign analytics to track metrics and to optimize future campaigns. Such initiatives taken by industry participants to provide the best of services and tools is benefitting the overall market growth.


In order to increase sales and gain additional market shares, hotel owners such as those at airports also provide off-premise as well as third party deliveries. Sensing this opportunity, industry participants have developed systems that aid in the streamlining of bookings, Routing of orders immediately to save time, and to providing assistance to delivery team at each step among others. These functions are carried out by the system without compromising the core functions at the basic hotel location. Some of the leading players in the market include Honeywell International, Inc., Winhotel Solution S.L., Buildingiq Inc., Oracle Corporation, Infor, Inc., NEC Corporation, IBM Corporation, Huawei Technologies Co. Ltd, Schneider Electric Se, Johnson Controls, Siemens AG and Honeywell International, Inc.a
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Geotextile Market Overview With Detailed Analysis, Competitive Landscape, Forecast to 2026

The global geotextile market size is anticipated to reach $14.03 billion by 2026, growing at a CAGR of 8.8% during the forecast period, according to a report published by Polaris Market Research. 

Geotextiles are extensively used in the reinforcement of soil banks in bridges, pavements, roads, highway, and other construction sector. Their integral applicable functions include sealing, separation, drainage, filtration, and reinforcement in different substrates. Concerning their multifunctional characteristics, the geotextiles are suitable for a range of industries and tend to find application in transportation, maintenance industries agriculture, and construction, among many.

The rapidly growing demand for non-woven fabrics has increasingly gained significance and has flourished in the recent past. This has led to increasing applications with the growing number of constructions sites and growing infrastructural structural developments across the world. Governmental authorities of numerous countries have taken precautionary measures during different types of construction on account of growing awareness regarding degradability of roads during natural calamities and to promise enhanced quality and durability.


Polypropylene geo-synthetics is an essential geotextile that requires lower maintenance costs and results in longevity of the roads and similar construction structures. The areas which are prone to any natural calamity such as landslides have witnessed these geotextile materials of significant use, thereby providing a suitable alternative for such scenarios. For instance, the Ministry of Textiles (Government of India) launched a program/scheme for promoting the usage of geotextiles in road applications in the Northeastern region of the country.

The roadways segment is likely to witness the fastest growth rate during the forecast period on account of growing issues concerning a lifespan of roads, their maintenance issues, and a growing stabilization. The use of geotextile products is a cost-effective solution towards highway rehabilitation and pavement repairs especially in the emerging countries of the Asia-Pacific, where cost is among the most important concern. The consumption of these products in China, Japan, and India has increased prominently during the recent years, further strengthening the market growth.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Geotextile Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.


The geotextile market in Europe is expected to witness major growth during the forecast period. Some of the significant reasons behind this include increasing expenditure in the construction of roads, railways, airport runways, and pavements in the countries such as Italy, UK, Germany, and France. The rail & road authorities in the previously-mentioned nations have published multiple policies & regulations concerning the drainage plants and waste water treatment processes.

Competitive Landscape and Key Vendors
The global geotextile industry constitutes numerous large international market payers and is a fragmented industry. These market players consistently undertake R&D for the launch of new innovative products to strengthen their product portfolio in the industry. In addition, the companies focus mainly on foreign investments in research and development to cater the rapidly growing demand. Big market players are also focusing on their business expansion through inorganic developments which increases the potential concerning expansion of customer base and also geographic expansion.

Some of the prominent industry players include Berry Global, Agru America, Inc., Carthage Mills, DuPont, Strata Systems, Mattex, Propex Operating Company Koninklijke Ten Cate, Kaytech, Tenax and Leggett & Platt.

Polaris Market Research has segmented the global geotextile market on the basis of product, technology, material, application and region:

Geotextile by Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
  • Woven
  • Non-woven
  • Knitted
Geotextile by Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
  • Polyester
  • Polyethylene
  • Polypropylene
  • Others
Geotextile by Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
  • Agriculture
  • Drainage
  • Railways
  • Roadways
  • Others

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Monday, 6 July 2020

Beta Carotene Market Regions, Type And Application, Industry Analysis And Forecast Till 2026


The global beta carotene market is anticipated to reach USD 618.94 million by 2026 and is anticipated to grow at a CAGR of 3.8 % from 2018 to 2026. Beta carotene market is expected to witness significant growth over the forecast period. Beta Carotene is widely used as antioxidants in cosmetics & personal care industry. In the cosmetics and personal care product manufacturing sector, it is used in development of novel formulations for aftershave lotions, cleansing products, bath products, suntan products, shampoo, makeup, skin care products, shampoos and hair conditioners.
Huge initial investment in technology innovation and R&D is expected to pose high entry barriers for new entrants in the market. New technology & product innovations such as OxC-beta livestock and Golden rice especially in developing and emerging countries are anticipated to support new players in the market. However, high initial investment cost will pose high entry barriers resulting in low threats to entry barriers.

A large number of beta-carotene raw material suppliers are spread evenly around the world, especially in North America and Europe. Less threat of backward integration results in the high bargaining power of the suppliers. A limited number of large & international players such as BASF and DSM, are present in the market, which follows a backward integration process.



The beta-carotene industry is fragmented market space. The industry has few international players currently operating and a large number of small-scale regional players. Leading regional and multinational companies are trying to increase their market share by investing in R&D activities and innovating new technologies. Many international companies are trying to merge or acquire the regional players to increase their market share, product portfolio, and regional presence. Industry rivalry is expected to be high over the forecast period.

The intra-industry threat is anticipated to be a major threat for beta-carotene market. Other carotenoids may impose a significant threat to the market. However, advantages of beta-carotene over these substitutes are expected to lower the threat of substitutes in future. The penetration of beta-carotene in the end-use industries is much higher than other carotenoids products.

Globally, the companies are focusing on developing new technologies to achieve product differentiation. The multinationals and leading regional players, are investing in research & development activities and trying to develop new and better product for the end-user industries. The companies are working to derive beta-carotene from genetically modified microorganisms. Golden rice and OxC-beta Livestock are believed to be the latest technology, which can drive the market.

Do you have questions or special requirements? Ask our industry experts: https://www.polarismarketresearch.com/industry-analysis/beta-carotene-market/speak-to-analyst

Increasing demand of beta-carotene in end use industries, such as food & beverages, cosmetics, dietary supplements and animal feed is resulting in new product and technology development. In food and beverages, it is commonly used as coloring additives.

Major end-use industries for beta-carotene market are food & beverages, pharmaceutical & dietary supplements, personal care & cosmetics, and animal feed. Food & beverages applications was the largest end user application for beta-carotene market. Companies globally are investing in research and development activities for innovating new technologies and products. Multinational players including DSN N.V. and BASF are present in complete integration process of the product. These companies are also following JV’s and merger & acquisitions strategies to increase their product portfolio and presence.

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Herbal Supplements Market Recent trends, Major Driving Factors and Business Growth Strategies 2026

The global Herbal Supplements Market size is anticipated to reach USD 137.3 billion by 2026 and is estimated to grow at a CAGR of 10.8% during 2018-2026 according to a new study published by Polaris Market Research. In 2017, the pharmaceutical segment accounted for the highest market share in terms of revenue. North America is expected to be the leading contributor to the global market revenues in 2017.

The obese and geriatric population is increasing worldwide, promoting the growth of the herbal supplements. The sedentary lifestyle, increasing use of functional foods, and growing consumer awareness regarding preventive health care boost the overall market growth. Increasing disposable incomes in developing countries, rising awareness about health benefits of herbal supplements, and rising health disorders propel the growth of the herbal supplements industry. Sedentary lifestyle of consumers leading to lifestyle diseases, and increasing disposable income drives herbal supplements market growth.


Health disorders such as diabetes, cardiovascular diseases, cancer and others have increased significantly in the developed economies in past few years. Increasing incidences of health disorders have resulted in increased awareness regarding healthy eating habits. Health and fitness consciousness has also increased among consumers in countries such as China and India due to improving lifestyle and changing food habits. Consumers are more aware regarding their nutritional intake, and benefits of herbal supplements, thereby accelerating the market growth for Herbal Supplements.

North America generated the highest market share in terms of revenue in 2017 and is expected to lead the global market throughout the forecast period. The increasing obese population, initiatives and funding by governments to promote health consciousness, and lifestyle changes primarily drive the growth of this market.  The number of memberships for health clubs and gyms has increased significantly promoting the growth of Herbal Supplements industry in the region. The increase in obesity related diseases such as diabetes and hypertension along with high disposable income of consumers further propel the adoption of herbal supplements.

Do you have questions or special requirements? Ask our industry experts: https://www.polarismarketresearch.com/industry-analysis/herbal-supplements-market/speak-to-analyst
  
The well-known companies profiled in the Herbal Supplements report include Herbalife International of America, Inc., Ricola AG, Archer Daniels Midland Company, Nutraceutical International Corporation, Bio-Botanica Inc., Arizona Natural Products, Blackmores Ltd, The Himalaya Drug Company, Dr. Willmar Schwabe GmbH & Co. KG, and Rainbow Light Nutritional Systems. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Leading players in the Herbal Supplements industry are also taking initiatives to increase awareness among consumers through health subscription and other marketing campaigns. In October 2014, Herbalife launched a new range of herbal green tea, which is available in two flavors, original and pomegranate. This range of green tea contains lower calories and is free of artificial sweeteners, flavors, and colors.
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Bioactive Ingredients Market Latest Trends, Global Demand, Industry Growth,In-Depth Analysis And Opportunities Till 2026


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.

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.

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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