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Nutritional Ingredients Market Segmented By Source such as Animal, Plant, Synthetic, Microbial with application such as Food & Beverages, Dietary Supplements, Maternal & Infant Nutrition, Animal feed, Personal Care
Nutritional ingredients are additives which contain nutrients and minerals. It is used to treat and prevent diseases in humans and animals. Nutritional ingredient helps to prevent and treat syndromes in infants. Polyunsaturated fatty acid has an important role in brain functioning, vision, metabolic process, inflammatory response, and prevent illnesses.
Vegetables and fruits are basic sources of essential nutrients for humans and animals. Polyunsaturated fatty acids are an important ingredient in nutritional supplements. Nutritional ingredients in livestock feed help to increase milk production and maintain the health of the animals. The higher cost of nutritional ingredients is expected to hinder the growth of global nutritional ingredients market.
Increasing Demand for Nutritional Supplements Is Expected to Drive Sales for Nutritional Ingredients Market
Nutritional ingredients have applications in food products as well as animal feed. Medical nutrients include medical food product which is consumed under the guidance of health practitioners for the nutritional management of diseases. Medical nutrition is expected to lead global nutritional ingredients market.
Dietary supplement has health benefits such as increase calcium absorption, enhance immune function, reduce cardiovascular diseases, improve intestinal function, control blood sugar, and others. Increasing demand for nutritional supplements among health-conscious consumers is expected to propel the growth of global nutritional ingredients market.
Increasing Application of Nutritional Ingredients in the Animal Feed Industry to Bolster Growth of Nutritional Ingredients Market
Increasing demand for premium quality milk and meat among the consumer which resulting in the production of high-quality feed products for livestock by using nutritional ingredients is expected to propel the growth of the nutritional ingredients. Nutritional ingredients in the animal feed help to increase milk production as well as prevent diseases.
Different types of nutritional ingredients are available in the market for animal feed which contains different essential nutrients. Increasing meat and milk consumption trend among developing countries is expected to drive sales of global nutritional ingredient market.
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Some of the key players operating in global nutritional ingredients market are PureCircle, Archer-Daniels-Midland Company, Darling Ingredients Inc., Koninklijke DSM N.V., Evonik Industries AG, Cargill Inc., Ingredion Inc., DuPont, Kerry Group, BASF SE, and others. Many other food & beverage as well as nutraceutical Industry players are taking interest to invest in global nutritional ingredients market with an increasing number of opportunities.
Penetration of advertising and promotion of nutritional ingredients through the government agencies in a rural area is expected to increase demand for nutritional ingredients in the targeted region. Some local food and lifestyle magazines publishing health benefits of a nutritious diet and nutritional supplements are expected to surge demand for nutritional ingredients.
Increased numbers of consumers incline towards healthy food and dietary supplements are expected to create opportunities for existing and new players. The major players are investing in R & D to develop and introduce nutritional rich food products which fulfill the demand of the consumers in the market.
Asia Pacific is expected to a lucrative market for nutritional ingredients owing to increased demand for nutritional ingredients in the region over the forecast period. The highly aware consumer of a healthy lifestyle and healthy diet across North America and Europe regions are expected to dominate global nutritional market over forecast time.
COVID-19 has adversary affected food industries as well as other businesses owing to the lockdown situation in most of the countries. Manufacturers are observing low production rates owing to a lack of laborers and government regulations. This situation has impacted food and beverage industry with fluctuation in demand for certain products.
Rising focus on health and wellness among the consumer is expected to increase demand for nutritional ingredients in global market, with this all conditions global nutritional ingredients market is expected to witness moderate impact in the near term of year.