What Is The Market Size And Outlook Of Global Bioactive Ingredients?
The strong growth of the bioactive ingredients market over recent years is set to continue, with a projected growth from $48.8 billion in 2024 to $52.55 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. Health consciousness, rising incidence of chronic diseases, an expanding aging population, increased demand for natural products, and expansion of functional foods and beverages have all contributed to the historic period’s growth.
The market size is anticipated to see robust growth over the next few years, reaching as high as $72.38 billion in 2029 with a compound annual growth rate (CAGR) of 8.3%. The forecast period’s growth is expected to be driven by an increased focus on immune health, rising demand for plant-based products, the expanding beauty and cosmetics industry, and the growth of the nutraceuticals and functional supplements markets. Rising consumer awareness and demand for functional foods, expanding nutraceuticals and dietary supplements applications, focus on natural and plant-based sources, innovative extraction and processing technologies, and health and wellness as a lifestyle are major trends to watch in the forecast period.
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What Are The Key Drivers Of The Bioactive Ingredients Market?
The bioactive ingredients market’s growth trajectory is largely driven by the increasing adoption of organic and natural ingredients. The use of bioactive compounds, derived from natural sources and typically marketed as organic or natural, caters to the growing health-conscious market segment. The confidence in these ingredients is reflected by the record sales growth in organic products in the UK, which reached £3.1 billion in February 2023. This trend indicates that the daily expenditure on organic products is around £8.5 million in the UK alone.
What Are The Major Segments Of The Global Bioactive Ingredients Market?
• By Product: Fiber, Vitamins, Omega 3 PUFA, Plant Extracts, Minerals, Carotenoids And Antioxidants, Probiotics, Other Products
• By Source: Plant, Animal, Microbial
• By Application: Functional Food And Beverage, Dietary Supplements, Clinical Nutrition, Personal Care, Other Applications.
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Who Are The Major Players In The Bioactive Ingredients Market?
Significant companies operating in the bioactive ingredients market include Sabinsa Corporation, Archer Daniels Midland Company (ADM), BASF SE, Cargill Incorporated, Ajinomoto Co. Inc., DuPont de Nemours Inc., Roquette Frères, Owen Biosciences Inc., Sensient Technologies, Nuritas Ltd., and Kerry Group plc, among others.
What Are The Emerging Trends In The Bioactive Ingredients Market?
Product innovations and the development of innovative solutions to meet market demands are key trends in the bioactive ingredients industry. For instance, in April 2022, Demetrix, Inc., a U.S.-based biotechnology business specializing in bioactive compounds, announced the commercial-scale launch of Arete-G, a unique and rare cannabinoid found in the cannabis sativa plant.
Which Regions Are Leading And Growing Fastest In The Bioactive Ingredients Market?
In 2024, North America took the lead in the bioactive ingredients market. Meanwhile, Asia-Pacific is predicted to be the fastest-growing region in the global bioactive ingredients market during the forecast period.
What Does The Bioactive Ingredients Global Market Report 2025 Offer?
Bioactive substances, also known as functional ingredients, are molecules derived from dietary sources such as fruits, cereals, and vegetables that have a notable biological effect on the body. These substances can provide a host of health benefits such as immune system boosting, anti-inflammatory, antioxidant, anti-cancer effects, and more. The Bioactive Ingredients Global Market Report 2025 from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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