Global Bioactive Ingredients Market - 2023-2030

Market Overview

The Global Bioactive Ingredients Market reached US$ 173.3 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 302.3 billion by 2030. The market is expected to exhibit a CAGR of 7.2% during the forecast period 2023-2030.

Bioactive ingredients are any essentialities added to food and feed products that focus on enhancing the physical and physiologic health of the consumers. These are deduced from the factory, beast, marine, or microbial sources and are used in various food classifications, including functional foods and potables, salutary supplements, and child nutrition.

The bioactive ingredients market growth is attributed to the rising demand for functional food and drinkables owing to adding knowledge among people about maintaining a balanced diet with a good content of essential nutrients. Also, they're considerably used to develop particular care products, similar to soaps, detergents, and moisturizers.

Market Dynamics

Growing Consumption of Functional Foods & Beverages drives the Bioactive Ingredients Market Growth.

The growth is due to changing lifestyles and a global increase in consumer demand for functional foods. As a result, foods are supplemented with probiotics, vitamins, minerals, and plant extracts to improve their functionality and advantages. For instance, in January 2022, BASF introduced Peptovitae, a line of four proprietary peptides created in collaboration with the biomimetic peptide research and development business Caregen, based in Korea.

The growing adoption of organic and natural ingredients, the persistence of veganism will follow. According to statistics from the Animal Welfare Foundation, there are approximately 88 million vegans in the world as of 2023. It (The VOU) With about 8 billion individuals on the globe, about 1.1% of the population.

Increasing Extraction Methods of Bioactive Ingredients is Driving the Bioactive Ingredients Market Growth.

Bioactive ingredients can be extracted using standard techniques like liquid-liquid or solid-liquid extraction and more sophisticated techniques like pressurized liquid extraction, subcritical and supercritical extractions, and extractions assisted by microwave and ultrasound. Accelerated and pressurized solvent extraction is effective because its high temperatures of 50 to 200 C and pressures of 1450 to 2175 psi are examples of pressurized-liquid extraction.

Enzyme- and immediate, controlled pressure drop-assisted extractions, which aid in releasing the chemicals from the matrix, have also improved these extraction procedures. In the upcoming years, these technologies might offer a novel way to boost the synthesis of particular chemicals for usage as nutraceuticals or as components of functional food items.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The Global Bioactive Ingredients Market is segmented based on ingredient type, application, source of origin, and region.

In the Global Market of Bioactive Ingredients, the Functional Food and Beverages Segment Holds the Largest Market Share.

The Global Bioactive Ingredients Market has been segmented by application into functional food and beverages, dietary supplements, infant nutrition, personal care, and others. The available food and beverages segment held the market analysis report's largest bioactive ingredients market share of 28.8% in 2022.

Consumers who ingest bioactive ingredients (BI) benefit from a variety of health-promoting effects, including as the treatment or prevention of diabetes, obesity, cancer, coronary heart disease, and other conditions. Flavonoids, carotenoids, polyphenols, curcumin, phytosterols, probiotics, bioactive peptides, minerals, and nano-bio minerals are a few BI that has been discovered in nature that can be added to foods to boost their nutritional value.

Foods that include BI are regarded as functional foods. It is crucial to use reasonably priced natural sources of BI to supply functional foods for the great majority of people due to the rising rate of population and increasing need for healthy foods in the future.

Geographical Analysis

The North America Region Held the Largest Share of Bioactive Ingredients Market.

The Global Bioactive Ingredients Market is segmented into five parts of the world based on geography: North America, South America, Europe, Asia Pacific, the Middle East, and Africa. The North American bioactive ingredients market held the largest market share of 42.6% in 2022 in the bioactive ingredients market analysis. According to World Bank data, North America's current health expenditure (% of GDP) is 18.39.

In North America, the trend of healthcare spending is increasing daily. As a result, consumers in the nation are implementing preventive healthcare practices, including eating wholesome food. This element is also boosting overall sales of functional foods in the country. Additionally, it is anticipated that sales of breakfast cereals in North America will increase as several trends affecting Americans' eating patterns pick up speed.

Competitive Landscape

The major global players in the market include: Archer Daniels Midland Company, Cargill Incorporated, Roquette, Ajinomoto Co., Inc., Mazza Innovation Ltd., E. I. du Pont de Nemours and Company, Koninklijke DSM N.V., BASF SE, Arla Foods, and Sabinsa Corporation.

Global Recession/Ukraine-Russia War/COVID-19, and Artificial Intelligence Impact Analysis:

COVID-19 Impact:

The COVID-19 pandemic has significantly impacted the global market for bioactive ingredients, with research and development efforts for COVID-19 treatment, management, and prevention growing along with the increase in COVID-19 cases around the world.

The potential for COVID-19 infection of the bioactive components produced from plants, animals, and microbes is investigated by numerous organizations, institutes, associations, and businesses. The antiviral effects of bioactive substances against COVID-19 have been demonstrated in numerous investigations. Bioactive substances are proven to have anti-COVID-19 infection medicinal, toxicological, and immune-stimulating effects.

Why Purchase the Report?

• To visualize the Global Bioactive Ingredients Market segmentation based on ingredient type, application, source of origin, and region and understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development.
• Excel data sheet with numerous bioactive ingredients market-level data points with all segments.
• The PDF report consists of a comprehensive market analysis after exhaustive qualitative interviews and an in-depth market study.
• Product mapping is available as Excel consists of key products of all the major market players.

The Global Bioactive Ingredients Market Report Would Provide Approximately 93 Tables, 109 Figures And 190 pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies