Global Nutraceutical Ingredients market is mainly segmented on the basis of type of ingredients, application and by region/country. On the basis of ingredient types, the market is mainly segmented into prebiotics, probiotics, omega-3 fatty Acids, amino acids, minerals, vitamins, phytochemicals and plant extract, fibers and carbohydrates, carotenoids and Others(glucosamine, chondroitin, etc.). Further the market is segmented on the basis of applications such as, functional food, functional beverages, dietary supplements, animal nutrition and personal care. The report includes market size estimation for the regions such as North America, Europe, Asia-Pacific and Rest of the world region include Latin America, Middle East and Africa.
The global nutraceutical ingredients market is driven by factors such as, increasing consumption of nutraceutical ingredients in the production of function food and beverages, raising awareness about the animal health, government Investment etc. The market is hindered by factors such as, increasing cost of nutraceutical ingredients production, bogus nutraceuticals etc.
Axiom MRC utilizes an unique research methodology to reach at conclusive research findings for each research assignment. The team of industry analyst constantly track various industry verticals to gather research intelligence such as market drivers, restraints, market share, growth rates and competitive landscape. The targeted research value chain is then aligned in the data model with its qualitative and quantitative information obtained through the industry tracking process. Axiom MRC’s data model is an in-house developed statistical tool which is based on the fundamentals such as Top Down and Bottom Up approaches.
Key companies which lead the nutraceutical ingredients market are Cargill, Inc, Du Pont, BASF SE, ADM Company, Associated British Foods PLC,DSM N.V., Ingredion Incorporated, Arla Foods, Tate & Lyle PLC and Ajinomoto Inc.