Nutraceutical Ingredient Market is Estimated Reach $33.6 Billion by 2018

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MarketsandMarkets Presents
Nutraceutical Ingredient Market is Estimated
Reach 33.6 Billion by 2018
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utraceutical-ingredient-market-1319.html
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The report Nutraceutical Ingredients Market by
Type (Probiotics, Proteins, Plant Extracts,
Minerals, Vitamins, Fibers, Carotenoids Others)
by Application (Functional Foods Beverages,
Supplements, Animal Nutrition, Personal Care) -
Global Trends Forecasts to 2018 , is published
by MarketsandMarkets. According to the report,
the nutraceutical ingredient market is estimated
to grow from 23.8 Billion in 2013 to 33.6
Billion in 2018 with a CAGR of 7.2 from 2013 to
2018.  Browse gtgt 131 Data
Tables 35 Figures 312 Pages and in-depth
TOC on Nutraceutical Ingredients Market
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report.
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Phytochemicals Plant Extracts Expected To
Enjoy a Significant Market Share In Future The
increasing acceptance of plant-derived products
in the market is major driver for increase in
market for phytochemicals plant extracts in
future. With increasing health concerns and
awareness regarding the benefits of plant derived
products, the consumers in developed nations such
as U.S., Germany etc are tilting towards these
products for securing health and protecting body
from various diseases. Continuous focus of
research development towards plant-derived
nutraceutical ingredients is resulting in
progress in the field and increasing
applications. As the current market scenario
portrays that the plant extracts and
phytochemicals have gained importance in the
personal care industry with range of herbal
products entering into the market. The concept of
cosmeceuticals is emerging with personal being
served to the customers as medicines, in order to
safeguard them from skin diseases and even the
ill effects of the chemically prepared personal
care products.
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utraceutical-ingredient-market-1319.html
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Asia-Pacific Dominant Market with Emerging
Opportunities In nutraceutical ingredient market,
Asia-pacific has come up as a dominant market
with largest share and highest growth rate in
coming years. This is because of the major
factors that is driving the economy of region and
are having direct impact on nutraceutical product
market, moving to ingredient market. The rate of
urbanization in the various growing economies of
Asia-pacific is very high and even the population
is expected to grow with a significant rate in
nations such as India, China etc. The economy is
expected to improve in the future of various
nations in the region, resulting in increase in
disposable income. As the disposable income of
people is expected to rise, they tend to spend a
ratio of their income towards health benefits
that creates market for nutraceutical products
resulting in high demand for nutraceutical
ingredients.   On the other side, the economies
of Oceania are experiencing aging population,
which is coming up as major driver in countries
such as Australia, New-Zealand etc. The
population growth rate in the region is not very
high, however nutraceutical ingredients are
gaining market share with more and more old
people preferring nutraceutical products over
medicines in order to prevent old-age diseases.
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utraceutical-ingredient-market-1319.html
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