Published on : Apr 05, 2018
Albany, New York, April 5, 2018: Ingredients play an important role in any type of food. Presently, maintaining the sustainable food production and delivering high-quality food products to prevent various diseases and offer health benefits are the biggest challenges in the food and beverages industry. This has led to the adoption of health-promoting food ingredients. Recently, a study has found that the global health ingredients market will witness strong growth during the forecast period 2017-2026. To elaborate further, Market Research Hub (MRH) has publicized a study titled “Health Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026” to its wide repository. This 170-page study provides a holistic perspective on the market’s growth in terms of revenue in US$ Mn, across different geographical regions namely North America, Europe, Asia Pacific excluding Japan, Middle East & Africa, Japan and South America.
The readers will gain an in-depth understanding of the various market trends and drivers that can result in the global market growth. In addition, market dynamics are also covered in the report including driving factors, key opportunities, market trends, and factors obstructing the growth of the market. As per the analyst predictions, the global market for health ingredients is estimated to increase at 6.1% CAGR during 2017-2026. By the end of the forecast period, the market is probable to reach US$ 123,434.6 million revenue.
Factors Encouraging Market Growth
There has been increasing health awareness among consumers, which has led them to go for the products which have health-promoting ingredients. Apart from that increasing prevalence of various diseases is driving the demand for food and beverages products with health ingredients, especially those ingredients obtained from plants. Manufacturers are also investing in the research and development activities to grow new health ingredients using plant and organic raw materials.
Fruit and plant extracts, minerals, vitamins, and probiotics are some of the popular health ingredients found in various foods and beverage industry. It has been observed in the study that protein is likely to see a substantial growth throughout the forecast period. It has been well-identified that eating protein-rich food offer various health benefits and also helps in stabilizing blood sugar levels.
Moving further, the study analyzes major factors and opportunities present in the market on the basis of prime segments, including source, application, sales channel and regions. Based on the application, health ingredients are expected to find the largest application in the food products.
The final section of the study presents an exhaustive analysis focusing on the prime players operating in the global health ingredients market. Key players are Archer Daniels Midland Company, Royal Frieslandcampina N.V., Arla Foods Amba, Lonza Group Ltd., Kerry Group PLC, Tate & Lyle PLC, Koninklijke DSM N.V., Ingredion Incorporated, BASF SE, Cargill, Associated British Foods, and E. I. du Pont de Nemours and Company.
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