Omega-3 Nutraceutical Excipients Are Fastest Growing Segment Fueling The Growth Of Nutraceutical Excipient Market

Nutraceutical Excipient Market

 Nutraceutical excipients are ingredients that are used to enhance the functionality of nutraceutical products in addition to providing structural support to the finished products. The active ingredients may include vitamins, minerals, proteins, fatty acids, and fiber. Excipients help in easy swallowing, improve absorption and bioavailability, along with protecting the active ingredients.

The global Nutraceutical Excipient Market is estimated to be valued at US$ 2,680.29 Mn in 2023 and is expected to exhibit a CAGR of 10.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights

Market key trends:
One of the key trends in the nutraceutical excipients market is the increasing demand for multifunctional excipients. Multifunctional excipients provide multiple functionalities such as binders, diluents, lubricants, and disintegrants. They assist in formulating products with improved solubility and bioavailability of active ingredients. They also help in developing innovative dosage forms for nutraceuticals. This is driving several manufacturers to develop multifunctional excipients.
Segment Analysis

The global nutraceutical excipient market is segmented into binders, fillers & diluents, coatings, disintegrants, and lubricants. The binders segment dominated the market in 2022 and is expected to witness high growth over the forecast period. Binders help in holding active ingredients together and play an important role in determining the release and absorption of active ingredients in the body. Thus, their use is high in nutraceutical supplements and the binders segment is expected to remain the dominant segment during the forecast period.

Key Takeaways

The global nutraceutical excipient market demand is expected to witness high growth, exhibiting CAGR of 10.% over the forecast period, due to increasing health consciousness among consumers and rising lifestyle disease incidence.

Regional analysis - North America accounted for the largest share in the global nutraceutical excipient market in 2022. However, Asia Pacific is expected to witness the highest growth over the forecast period. Rising middle-class population, increasing lifestyle diseases, and improving healthcare infrastructure are some key factors expected to drive market growth in Asia Pacific.

Key players operating in the nutraceutical excipient market are DuPont de Nemours, Inc., Roquette Frères, Ashland Global Holdings Inc., and Innophos Holdings, Inc. Key players are focusing on new product launches, expansion into emerging economies and strategic partnerships to gain market share. For instance, in 2022, DuPont launched Kolliphor EL and Kolliphor HS 15 surfactants which help improve solubility and bioavailability of key nutraceutical compounds.

Comments

Post a Comment

Popular posts from this blog

The Global Coffee Market Growth Accelerated By Demand From Millennials And Gen Z Population

Image
  Coffee Market  Coffee is a popular beverage consumed worldwide for its stimulant properties and unique flavor. Coffee beans contain caffeine that stimulates the central nervous system and increases energy levels. Major products in the coffee market include whole coffee beans, ground coffee, coffee pods, instant coffee, and canned or bottled coffee. Coffee promotes mental clarity and alertness and offers antioxidant and anti-inflammatory benefits. The global coffee market is estimated to be valued at US$ 132.99 billion in 2023 and is expected to exhibit a CAGR of 4.7% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand for coffee from the millennial and Gen Z population is one of the key trends driving the growth of the global coffee market. Millennials and Gen Z are the primary consumers and account for over 50% of total coffee consumption globally. These younger demographics v...
Read more

The Global Ammonium Nitrate Market Growth Accelerated By Rising Demand From Agriculture Industry

Image
Ammonium Nitrate Market   Ammonium nitrate is an extensively used fertilizer, which is inexpensive and highly effective. It contains nitrogen, a major nutrient needed for plant growth and development. It provides plants with a continuous and balanced supply of nitrogen which helps in increasing crop yields. The ammonium nitrate market is driven by the growing agriculture sector across the globe. The increasing global population has accelerated the demand for food, resulting in high usage of for boosting agricultural production. The global ammonium nitrate market is estimated to be valued at US$ 21.18 Mn in 2023 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand from agriculture is one of the major trends fueling the growth of the ammonium nitrate market. Agriculture accounts for over 80% of the ammonium nitrate consumption globally....
Read more

Combined Heat And Power (CHP) Market Growth Accelerated By Increased Adoption Of Decentralized Power Systems

Image
Combined Heat And Power (CHP) Market    Combined heat and power (CHP) systems, also known as cogeneration, are highly efficient systems that generate electricity or mechanical power and capture the heat that would normally be wasted. CHP systems provide numerous advantages such as increased energy efficiency, reduced carbon footprint, and energy cost savings. As energy demands grow globally and concerns over climate change increase, there is a growing emphasis on transitioning to more sustainable and efficient sources of power. The global combined heat and power (CHP) market is estimated to be valued at US$ 31.09 Bn in 2024 and is expected to exhibit a CAGR of 12% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increased adoption of decentralized power systems is expected to accelerate the growth of the CHP market over the next few years. Decentralized CHP systems are modular in nature and can ...
Read more