Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report analysing the global nutraceutical ingredients market.
The report “World Nutraceutical Ingredients:
The report shows that based on broad applications and increasing clinical evidence of health benefits and safety, the best growth opportunities will emerge in soy protein nutrients; the functional food and drinks additives lutein, lycopene, omega-3 fatty acids, probiotics and sterol esters; the essential minerals calcium and magnesium; the herbal extracts garlic and green tea; and the non-herbal extracts chondroitin, glucosamine and coenzyme Q10.
Furthermore, US is to remain largest market and China and India will emerge as the most rapidly expanding nutraceutical ingredient markets, as strong economic growth allows them to upgrade and diversify food, drinks and drug production capabilities.
By country, the United States will continue to be the largest global consumer of nutraceutical ingredients due to the broad, increasing range of nutritional preparations and natural medicines produced domestically. China will remain the largest worldwide producer based on its extensive fine chemicals industry and aggressive pursuit of exports.
Authors of the report note that the world demand for nutrients and minerals will reach $12.6 billion in 2013, up 6.4% annually from 2008. Soy proteins and isoflavones, psyllium fibers, omega-3 fatty acids, probiotics, lycopene, calcium and magnesium will see the fastest gains based on widely accepted health benefits and expanding applications in meal supplements and functional foods and drinks.
The report “World Nutraceutical Ingredients:
Report Buyer product ID: FED00497
