PUBLISHER: Persistence Market Research | PRODUCT CODE: 1513621

PUBLISHER: Persistence Market Research | PRODUCT CODE: 1513621

Phytochemicals Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

PUBLISHED: July 5, 2024

PAGES: 275 Pages

DELIVERY TIME: 2-5 business days

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Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for phytochemicals. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Phytochemicals Market Size (2024E): USD 7,595.50 million
Projected Market Value (2033F): USD 16,478.2 million
Global Market Growth Rate (CAGR 2024 to 2033): 9.0%

Phytochemicals Market - Report Scope:

Phytochemicals, bioactive compounds found in plants, are increasingly recognized for their health benefits and applications in pharmaceuticals, nutraceuticals, and functional foods. These compounds, including flavonoids, carotenoids, and polyphenols, have antioxidant, anti-inflammatory, and anti-carcinogenic properties, contributing to the prevention and management of various chronic diseases. The phytochemicals market caters to a wide range of industries, offering a diverse array of products such as plant extracts, essential oils, and purified compounds. Market growth is driven by increasing consumer awareness of health and wellness, rising demand for natural and organic products, and ongoing research into the therapeutic potential of phytochemicals.

Market Growth Drivers:

The global phytochemicals market is propelled by several key factors, including growing awareness about the health benefits of phytochemicals in preventing chronic diseases such as cancer, cardiovascular diseases, and diabetes. The rising trend towards natural and organic products in the food and beverage, cosmetic, and pharmaceutical industries further drives market expansion. Technological advancements in extraction and purification processes enhance the quality and efficacy of phytochemical products, fostering market growth. Moreover, increasing investments in research and development, along with supportive regulatory frameworks promoting the use of natural ingredients, create a favorable environment for market growth.

Market Restraints:

Despite promising growth prospects, the phytochemicals market faces challenges related to the high cost of extraction and purification processes, limited availability of raw materials, and stringent regulatory requirements. The complexity of phytochemical composition and variability in bioactivity pose challenges for standardization and quality control. Additionally, the lack of awareness and limited scientific evidence regarding the benefits and safety of certain phytochemicals among consumers and healthcare professionals may hinder market growth. Addressing these challenges requires collaborative efforts between industry stakeholders, researchers, and regulatory bodies to ensure the development and promotion of high-quality, safe, and effective phytochemical products.

Market Opportunities:

The phytochemicals market presents significant growth opportunities driven by increasing consumer demand for natural health products, the expanding application of phytochemicals in various industries, and ongoing research into new bioactive compounds. The growing popularity of functional foods and dietary supplements, along with the rising interest in personalized nutrition and preventive healthcare, opens new avenues for market players. Furthermore, the development of innovative delivery systems, such as nanoencapsulation and liposomal formulations, enhances the bioavailability and efficacy of phytochemicals, driving market growth. Strategic partnerships, investment in R&D, and the introduction of sustainable sourcing and production practices are essential to capitalize on emerging opportunities and sustain market leadership in the dynamic phytochemicals landscape.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the phytochemicals market globally?
Which phytochemical types and applications are driving adoption across different industries?
How are technological advancements reshaping the competitive landscape of the phytochemicals market?
Who are the key players contributing to the phytochemicals market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global phytochemicals market?

Competitive Intelligence and Business Strategy:

Leading players in the global phytochemicals market, including DSM Nutritional Products, BASF SE, and Sabinsa Corporation, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced phytochemical solutions, including standardized extracts, high-purity compounds, and novel formulations, catering to diverse consumer needs and industry requirements. Collaborations with research institutions, raw material suppliers, and regulatory agencies facilitate market access and promote technology adoption. Moreover, emphasis on clinical research, evidence-based practice, and consumer education fosters market growth and enhances product acceptance in the rapidly evolving phytochemicals landscape.

Key Companies Profiled:

BASF SE
Chr. Hansen Holding A/S
DSM N.V.
Dohler GmbH
Kothari Phytochemicals & Industries Ltd.
Indena SPA
Phyto Life Sciences Pvt. Ltd.
Sabinsa Corporation
HimPharma
Kisalaya Herbals Ltd.
Chengdu Biopurify Phytochemicals Ltd.
FYTEXIA
Nektium
Linnea SA
K Patel Phyto Extractions Pvt. Ltd.
Herbochem
Naturex SA

Phytochemicals Industry Research by Category

By Type:

Carotenoids
Flavonoids
Phytosterols
Polyphenols

By Application:

Food and Beverage Industry
Cosmetics and Personal Care Products
Pharmaceuticals
Nutraceuticals
Animal Feed

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

Product Code: PMRREP29875

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Global Food & Beverage Industry Trend
3.2. Key Trends Impacting the Market
3.3. Key Investments Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies

5. Global Phytochemicals Market Demand Analysis 2019-2023 and Forecast, 2024-2033

5.1. Historical Market Value (US$ Mn) and Volume (in Tons) Analysis, 2019-2023
5.2. Current and Future Market Value (US$ Mn) and Volume (in Tons) Projections, 2024-2033
- 5.2.1. Absolute $ Opportunity Analysis
- 5.2.2. Incremental $ Opportunity

6. Global Phytochemicals Market - Pricing Analysis

6.1. Regional Pricing Analysis By Type
6.2. Global Average Pricing Analysis Benchmark

7. Market Background

7.1. Macro-Economic Factors
- 7.1.1. Global GDP Growth Outlook
- 7.1.2. Global Urbanization Outlook
- 7.1.3. Final Consumption Expenditure
- 7.1.4. Global Food Security Index
7.2. Global Food & Beverage Industry Outlook
7.3. Global Cosmetics & Personal Care Industry Outlook
7.4. Global Pharmaceutical Industry Outlook
7.5. Global Nutraceutical Industry Overview
7.6. Global Animal Feed Industry Overview
7.7. Value Chain
7.8. Market Dynamics
- 7.8.1. Drivers
- 7.8.2. Restraints
- 7.8.3. Opportunity Analysis
7.9. Forecast Factors - Relevance & Impact

8. Global Phytochemicals Market Analysis 2019-2023 and Forecast 2024-2033, by Type

8.1. Introduction
8.2. Historical Market Size (US$ Mn) and Volume (in Tons) Analysis By Type, 2019-2023
8.3. Current and Future Market Size (US$ Mn) and Volume (in Tons) Analysis and Forecast By Type, 2024-2033
- 8.3.1. Carotenoids
- 8.3.2. Flavonoids
- 8.3.3. Phytosterols
- 8.3.4. Polyphenols
- 8.3.5. Others
8.4. Market Attractiveness Analysis By Type

9. Global Phytochemicals Market Analysis 2019-2023 and Forecast 2024-2033, By Application

9.1. Introduction
9.2. Historical Market Size (US$ Mn) and Volume (in Tons) Analysis By Application, 2019-2023
9.3. Current and Future Market Size (US$ Mn) and Volume (in Tons) Analysis and Forecast By Application, 2024-2033
- 9.3.1. Food & beverage Industry
- 9.3.2. Cosmetics & Personal Care Products
- 9.3.3. Pharmaceuticals
- 9.3.4. Nutraceuticals
- 9.3.5. Animal Feed
- 9.3.6. Others
9.4. Market Attractiveness Analysis By Application

10. Global Phytochemicals Market Analysis 2019-2023 and Forecast 2024-2033, by Region

10.1. Introduction
10.2. Historical Market Size (US$ Mn) and Volume (in Tons) Analysis By Region, 2019-2023
10.3. Current Market Size (US$ Mn) and Volume (in Tons) Analysis and Forecast By Region, 2024-2033
- 10.3.1. North America
- 10.3.2. Latin America
- 10.3.3. Europe
- 10.3.4. East Asia
- 10.3.5. South Asia & Pacific
- 10.3.6. Middle East & Africa
10.4. Market Attractiveness Analysis By Region

11. North America Phytochemicals Market Analysis 2019-2023 and Forecast 2024-2033

11.1. Introduction
11.2. Historical Market Size (US$ Mn) and Volume (in Tons) Trend Analysis By Market Taxonomy, 2019-2023
11.3. Market Size (US$ Mn) and Volume (in Tons) Forecast By Market Taxonomy, 2024-2033
- 11.3.1. By Country
  - 11.3.1.1. U.S.
  - 11.3.1.2. Canada
- 11.3.2. By Type
- 11.3.3. By Application
11.4. Market Attractiveness Analysis
- 11.4.1. By Country
- 11.4.2. By Type
- 11.4.3. By Application
11.5. Drivers and Restraints - Impact Analysis

12. Latin America Phytochemicals Market Analysis 2019-2023 and Forecast 2024-2033

12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume (in Tons) Trend Analysis By Market Taxonomy, 2019-2023
12.3. Market Size (US$ Mn) and Volume (in Tons) Forecast By Market Taxonomy, 2024-2033
- 12.3.1. By Country
  - 12.3.1.1. Brazil
  - 12.3.1.2. Mexico
  - 12.3.1.3. Rest of Latin America
- 12.3.2. By Type
- 12.3.3. By Application
12.4. Market Attractiveness Analysis
- 12.4.1. By Country
- 12.4.2. By Type
- 12.4.3. By Application
12.5. Drivers and Restraints - Impact Analysis

13. Europe Phytochemicals Market Analysis 2019-2023 and Forecast 2024-2033

13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume (in Tons) Trend Analysis By Market Taxonomy, 2019-2023
13.3. Market Size (US$ Mn) and Volume (in Tons) Forecast By Market Taxonomy, 2024-2033
- 13.3.1. By Country
  - 13.3.1.1. France
  - 13.3.1.2. Germany
  - 13.3.1.3. Spain
  - 13.3.1.4. U.K.
  - 13.3.1.5. Italy
  - 13.3.1.6. BENELUX
  - 13.3.1.7. Nordic
  - 13.3.1.8. Russia
  - 13.3.1.9. Poland
  - 13.3.1.10. Rest of Europe
- 13.3.2. By Type
- 13.3.3. By Application
13.4. Market Attractiveness Analysis
- 13.4.1. By Country
- 13.4.2. By Type
- 13.4.3. By Application
13.5. Drivers and Restraints - Impact Analysis

14. East Asia Phytochemicals Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Historical Market Size (US$ Mn) and Volume (in Tons) Trend Analysis By Market Taxonomy, 2019-2023
14.3. Market Size (US$ Mn) and Volume (in Tons) Forecast By Market Taxonomy, 2024-2033
- 14.3.1. By Country
  - 14.3.1.1. China
  - 14.3.1.2. Japan
  - 14.3.1.3. South Korea
- 14.3.2. By Type
- 14.3.3. By Application
14.4. Market Attractiveness Analysis
- 14.4.1. By Country
- 14.4.2. By Type
- 14.4.3. By Application
14.5. Drivers and Restraints - Impact Analysis

15. South Asia and Pacific Phytochemicals Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Historical Market Size (US$ Mn) and Volume (in Tons) Trend Analysis By Market Taxonomy, 2019-2023
15.3. Market Size (US$ Mn) and Volume (in Tons) Forecast By Market Taxonomy, 2024-2033
- 15.3.1. By Country
  - 15.3.1.1. India
  - 15.3.1.2. ASEAN
  - 15.3.1.3. Oceania (Australia & New Zealand)
  - 15.3.1.4. Rest of South Asia & Pacific
- 15.3.2. By Type
- 15.3.3. By Application
15.4. Market Attractiveness Analysis
- 15.4.1. By Country
- 15.4.2. By Type
- 15.4.3. By Application
15.5. Drivers and Restraints - Impact Analysis

16. Middle East and Africa Phytochemicals Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Historical Market Size (US$ Mn) and Volume (in Tons) Trend Analysis By Market Taxonomy, 2019-2023
16.3. Market Size (US$ Mn) and Volume (in Tons) Forecast By Market Taxonomy, 2024-2033
- 16.3.1. By Country
  - 16.3.1.1. GCC Countries
  - 16.3.1.2. South Africa
  - 16.3.1.3. Rest of Middle East and Africa
- 16.3.2. By Type
- 16.3.3. By Application
16.4. Market Attractiveness Analysis
- 16.4.1. By Country
- 16.4.2. By Type
- 16.4.3. By Application
16.5. Drivers and Restraints - Impact Analysis

17. Country Wise Phytochemicals Market Analysis, 2024

17.1. Introduction
- 17.1.1. Market Value Proportion Analysis, By Key Countries
- 17.1.2. Global Vs. Country Growth Comparison
17.2. U.S. Phytochemicals Market Analysis
- 17.2.1. By Type
- 17.2.2. By Application
17.3. Canada Phytochemicals Market Analysis
- 17.3.1. By Type
- 17.3.2. By Application
17.4. East Asia Phytochemicals Market Analysis
- 17.4.1. By Type
- 17.4.2. By Application
17.5. Brazil Phytochemicals Market Analysis
- 17.5.1. By Type
- 17.5.2. By Application
17.6. Argentina Phytochemicals Market Analysis
- 17.6.1. By Type
- 17.6.2. By Application
17.7. Germany Phytochemicals Market Analysis
- 17.7.1. By Type
- 17.7.2. By Application
17.8. Italy Phytochemicals Market Analysis
- 17.8.1. By Type
- 17.8.2. By Application
17.9. France Phytochemicals Market Analysis
- 17.9.1. By Type
- 17.9.2. By Application
17.10. U.K. Phytochemicals Market Analysis
- 17.10.1. By Type
- 17.10.2. By Application
17.11. Spain Phytochemicals Market Analysis
- 17.11.1. By Type
- 17.11.2. By Application
17.12. Poland Phytochemicals Market Analysis
- 17.12.1. By Type
- 17.12.2. By Application
17.13. Russia Phytochemicals Market Analysis
- 17.13.1. By Type
- 17.13.2. By Application
17.14. China Phytochemicals Market Analysis
- 17.14.1. By Type
- 17.14.2. By Application
17.15. Japan Phytochemicals Market Analysis
- 17.15.1. By Type
- 17.15.2. By Application
17.16. S. Korea Phytochemicals Market Analysis
- 17.16.1. By Type
- 17.16.2. By Application
17.17. India Phytochemicals Market Analysis
- 17.17.1. By Type
- 17.17.2. By Application
17.18. Oceania (Australia and New Zealand) Phytochemicals Market Analysis
- 17.18.1. By Type
- 17.18.2. By Application
17.19. Turkey Phytochemicals Market Analysis
- 17.19.1. By Type
- 17.19.2. By Application
17.20. South Africa Phytochemicals Market Analysis
- 17.20.1. By Type
- 17.20.2. By Application

18. Market Structure Analysis

18.1. Market Analysis by Tier of Companies (Pea Protein)
18.2. Market Share Analysis of Top Players
18.3. Market Presence Analysis

19. Competition Analysis

19.1. Competition Dashboard
19.2. Competition Benchmarking
19.3. Competition Deep Dive
- 19.3.1. BASF SE
  - 19.3.1.1. Overview
  - 19.3.1.2. Product Portfolio
  - 19.3.1.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.1.4. Sales Footprint
  - 19.3.1.5. Strategy Overview
- 19.3.2. DSM. N.V.
  - 19.3.2.1. Overview
  - 19.3.2.2. Product Portfolio
  - 19.3.2.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.2.4. Sales Footprint
  - 19.3.2.5. Strategy Overview
- 19.3.3. Chr. Hansen Holding A/S
  - 19.3.3.1. Overview
  - 19.3.3.2. Product Portfolio
  - 19.3.3.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.3.4. Sales Footprint
  - 19.3.3.5. Strategy Overview
- 19.3.4. Dohler GmbH
  - 19.3.4.1. Overview
  - 19.3.4.2. Product Portfolio
  - 19.3.4.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.4.4. Sales Footprint
  - 19.3.4.5. Strategy Overview
- 19.3.5. Kothari Phytochemicals & Industries Ltd.
  - 19.3.5.1. Overview
  - 19.3.5.2. Product Portfolio
  - 19.3.5.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.5.4. Sales Footprint
  - 19.3.5.5. Strategy Overview
- 19.3.6. Indena SPA
  - 19.3.6.1. Overview
  - 19.3.6.2. Product Portfolio
  - 19.3.6.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.6.4. Sales Footprint
  - 19.3.6.5. Strategy Overview
- 19.3.7. Phyto Life Sciences Pvt. Ltd
  - 19.3.7.1. Overview
  - 19.3.7.2. Product Portfolio
  - 19.3.7.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.7.4. Sales Footprint
  - 19.3.7.5. Strategy Overview
- 19.3.8. Naturex SA
  - 19.3.8.1. Overview
  - 19.3.8.2. Product Portfolio
  - 19.3.8.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.8.4. Sales Footprint
  - 19.3.8.5. Strategy Overview
- 19.3.9. Sabinsa Corporation
  - 19.3.9.1. Overview
  - 19.3.9.2. Product Portfolio
  - 19.3.9.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.9.4. Sales Footprint
  - 19.3.9.5. Strategy Overview
- 19.3.10. K. Patel Phyto Extractions Pvt. Ltd
  - 19.3.10.1. Overview
  - 19.3.10.2. Product Portfolio
  - 19.3.10.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.10.4. Sales Footprint
  - 19.3.10.5. Strategy Overview
- 19.3.11. Herbochem
  - 19.3.11.1. Overview
  - 19.3.11.2. Product Portfolio
  - 19.3.11.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.11.4. Sales Footprint
  - 19.3.11.5. Strategy Overview
- 19.3.12. HimPharm
  - 19.3.12.1. Overview
  - 19.3.12.2. Product Portfolio
  - 19.3.12.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.12.4. Sales Footprint
  - 19.3.12.5. Strategy Overview
- 19.3.13. Kisalaya Herbals Ltd
  - 19.3.13.1. Overview
  - 19.3.13.2. Product Portfolio
  - 19.3.13.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.13.4. Sales Footprint
  - 19.3.13.5. Strategy Overview
- 19.3.14. Organic Herb Inc.
  - 19.3.14.1. Overview
  - 19.3.14.2. Product Portfolio
  - 19.3.14.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.14.4. Sales Footprint
  - 19.3.14.5. Strategy Overview
- 19.3.15. Linnea SA
  - 19.3.15.1. Overview
  - 19.3.15.2. Product Portfolio
  - 19.3.15.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.15.4. Sales Footprint
  - 19.3.15.5. Strategy Overview
- 19.3.16. Nektium
  - 19.3.16.1. Overview
  - 19.3.16.2. Product Portfolio
  - 19.3.16.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.16.4. Sales Footprint
  - 19.3.16.5. Strategy Overview
- 19.3.17. FYTEXIA
  - 19.3.17.1. Overview
  - 19.3.17.2. Product Portfolio
  - 19.3.17.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.17.4. Sales Footprint
  - 19.3.17.5. Strategy Overview
- 19.3.18. Chengdu Biopurify Phytochemicals Ltd.
  - 19.3.18.1. Overview
  - 19.3.18.2. Product Portfolio
  - 19.3.18.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.18.4. Sales Footprint
  - 19.3.18.5. Strategy Overview
- 19.3.19. Others (On additional Request)
  - 19.3.19.1. Overview
  - 19.3.19.2. Product Portfolio
  - 19.3.19.3. Profitability by Market Segments (Product/Channel/Region)
  - 19.3.19.4. Sales Footprint
  - 19.3.19.5. Strategy Overview

20. Assumptions and Acronyms Used

21. Research Methodology

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