Nutraceutical Excipients Market Size, Share, Trends and Industry Analysis

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Nutraceutical Excipients Market worth 6.1
billion by 2028 Exclusive Report by
MarketsandMarkets The Nutraceutical Excipients
Market will grow from USD 4.2 billion in 2023 to
USD 6.1 billion by 2028, growing at a CAGR of
7.7 from 2023 to 2028 according to a report
published by MarketsandMarkets. The burgeoning
popularity of nutraceuticals in recent years
reflects their usage for diverse therapeutic
purposes. This trend underscores their
significance in addressing various ailments
and diseases, ranging from cancer and heart
conditions to cataracts, menopausal symptoms,
insomnia, memory issues, gastrointestinal
problems, headaches, and migraines caused by
stress. Nutraceuticals derived from
combinations like ginger, garlic, and honey are
gaining trust for their efficacy in treating
specific health concerns. Additionally, products
such as green tea, Vitamin E, and Vitamin C
target issues like thinning hair, complexion
problems, varicose veins, alcoholism,
depression, and lethargy. This surge in
nutraceutical usage signifies substantial growth
prospects for the pharma industry. Factors
driving this market expansion include an aging
population, increasing healthcare costs,
advancements in food technology and
nutrition, and growing consumer awareness of
the link between diet and health. Consequently,
this heightened demand for nutraceutical products
directly influences the nutraceutical
excipients market by necessitating enhanced
formulations, specialized excipients, and
innovative technologies to optimize the efficacy
and delivery of these beneficial compounds in
various supplements and functional
foods. Download PDF Brochure https//www.markets
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wse in-depth TOC on "Nutraceutical Excipients
Market 298 Tables 66 Figures 391
Pages The organic chemicals product source of
the nutraceutical excipients segment is driving
the market due to consumer preference for natural
products, reduced allergenic potential, and clean
label trend. The burgeoning nutraceutical
excipients market is fueled by the escalating
consumer demand for natural and organic
ingredients. Consumers' heightened awareness
regarding ingredient sourcing and quality in
supplements and functional foods is a driving
force behind this surge. This increasing
consciousness directly influences the
market's growth, as consumers actively seek
excipients derived from organic materials to
align with their preference for natural
sources. Additionally, the potential
allergenic risks associated with synthetic
excipients further elevate the appeal of
organic chemicals sourced from natural origins,
particularly among sensitive consumer
demographics seeking safer alternatives.
Moreover, the prevailing clean label trend,
emphasizing ingredient transparency and
simplicity, significantly contributes to the
rising prominence of organic chemicals in
nutraceutical excipients. These organic
sources are perceived as "cleaner" and more
straightforward, aligning seamlessly with
consumer expectations for clear and
uncomplicated ingredient lists. Consequently,
manufacturers are prompted to integrate
organic excipients into their formulations
to address consumer demands for transparency and
simplicity, further propelling the growth of the
nutraceutical excipients market. Dry formulation
segment exhibits highest CAGR, driving
nutraceutical excipients market growth. The
increasing demand for dry excipients stems from
their remarkable ability to offer formulation
flexibility, allowing manufacturers to craft a
wide array of dosage forms like tablets,
capsules, powders, or granules. This versatility
enables tailored formulations that cater to
specific consumer preferences, optimizing
drug delivery systems accordingly.
Additionally, the compatibility of dry excipients
with a diverse range of active ingredients makes
them highly sought-after across pharmaceuticals,
nutraceuticals, and various industries,
providing manufacturers with extensive
application possibilities. Furthermore, the
appeal of dry formulation excipients lies
in their designed capacity to enhance the
solubility and dissolution rates of active
compounds. This attribute plays a pivotal role in
facilitating the swift and efficient release of
active ingredients within the body, thereby
significantly improving the bioavailability of
these compounds. Moreover, the demand for these
excipients is propelled by their
contribution to ensuring the stability and
prolonged shelf life of formulations. By
safeguarding active ingredients against
degradation caused by moisture or environmental
factors, dry excipients uphold the efficacy of
products over time, meeting the expectations for
quality and longevity in the market. Request
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questsampleNew.asp?id247060367 North America
accounts for the largest share of the
nutraceutical excipients market and is witnessing
growth due to the strong presence of key
companies and increasing lifestyle diseases
health concerns.
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In North America, numerous prominent players and
leading manufacturers dominate the nutraceutical
industry. These influential companies play a
pivotal role by consistently engaging in
research, innovation, and the development of new
products, significantly contributing to the
market's growth. The region's escalating health
concerns, encompassing issues like obesity,
cardiovascular diseases, and lifestyle-related
conditions, have prompted consumers to
actively pursue preventive healthcare
measures. As a result, there's a heightened
demand for nutraceutical products perceived
as valuable in addressing these health issues.
This increased demand directly fuels the market
for nutraceutical excipients, essential
components in the formulation of these
sought-after health-focused products. Key
Players The key players in the nutraceutical
excipients market include International Flavors
Fragrances Inc (US), Kerry Group plc (Ireland),
Ingredion (US), Sensient Technologies Corporation
(US), Associated British Foods plc (UK), BASF SE
(Germany), Roquette Frères (France), MEGGLE
GmbH Co. KG (Germany), Cargill,
Incorporated (US), Ashland (US), IMCD
(Netherlands), Hilmar Cheese Company, Inc (US),
Air Liquide (France), Azelis Group (Luxembourg),
and Biogrund GmbH (Germany). Get 10 Free
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