Nutraceutical Excipients Market Scenario
Technological advancements in the field of nutraceutical excipients, advancements in nanotechnology equipped with new features and increase in demand for fortified food products due to the upsurge in health awareness are some of the major factors propelling the Nutraceutical Excipients market globally. Furthermore, introduction of mandates on food fortification by government organizations is also one of the factor propelling the growth of nutraceutical excipients market. However, decrease in returns on R&D investments is one of the major factor expected to hamper the global growth of the market.
Nutraceutical Excipients Market Segmentation
The Nutraceutical Excipients market is segmented by Form, Functionality, End Product and Geography. The Form studied in the report are Dry and Liquid. Furthermore, the Functionality comprises of Binders (Cellulose, Povidone, Starch and Other Binder Types), Coating Agents, Disintegrants, Fillers and Diluents, Flavoring Agents, Lubricants and Others. Moreover, the End Product include Minerals, Omega-3 Fatty Acids, Prebiotics, Probiotics, Protein & Amino Acids, Vitamins and Others. Additionally, the Global Nutraceutical Excipients Market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World.
Nutraceutical Excipients Market by Geography
Based on geography, the Nutraceutical Excipients market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. Among all the regions, the North America is anticipated to hold the major share of the global Nutraceutical Excipients market. High concentration of key players in the USA and increase in preventive healthcare trends to drive the growth of the market in the coming years. Likewise, increase in foreign direct investments and rise in consumer awareness regarding healthier lifestyles associated with dietary supplements to drive the market growth for nutraceutical excipients in the Mexican region.
Nutraceutical Excipients Market Key Players
Some of the major players operating in the global nutraceutical excipients market includes Ashland Global Holdings Inc (US), Associated British Foods (UK), BASF SE (Germany), Cargill Inc (US), DuPont (US), Fuji Chemical Industries Co Ltd (Japan), Gattefosse (India), Ingredion Plc (US), Kerry Group PLC (Ireland), Meggle Group Wasser (Germany), Pharmatrans Sanaq AG (Switzerland), Pioma Chemicals (India), Roquette Freres (France), Sensient Technologies (US), Seppic (France), Shin-Etsu Chemical Co Ltd (Japan) and W.R. Grace & Co (US). Many companies in this market largely focused toward new product launch in order to expand their product portfolio to strengthen their presence across the globe.
Nutraceutical Excipients Market Report Key Benefits