MarketResearch.com has revealed a new report *World Nutraceutical Ingredients,8 to their collection of Beverages market reports.
World demand for nutraceutical ingredients will increase 7.2% annually to $23.7bn in 2015. Substances with clinically confirmed health benefits and broad applications in foods, beverages, dietary supplements, and adult and pediatric nutritional preparations will provide the best growth opportunities.
Global trends in nutraceutical ingredients will see the developing regions achieving much faster growth in both consumption and production than the developed regions. Increasing economic prosperity will enable countries such as China, Brazil, India, Mexico, Poland, Russia and South Korea to expand and diversify their food, beverage, nutritional and pharmaceutical industries.
Based on projected investment levels in these industries and rising consumer income, China will evolve into the largest global producer and consumer of nutraceutical ingredients by 2020, passing up the US and Western Europe.
Because of maturing markets, the supply and demand of nutraceutical ingredients in the developed countries will increase more slowly than the average pace of the developing world. Nonetheless, food, beverage and drug makers in the developed economies will continue to pursue opportunities in conventional and specialty nutritional products and natural medicines. As a result, they will remain major customers for a broad range of nutraceutical ingredients.
Nutrients, including proteins, fibres and various specialised functional additives, will remain the top-selling group of nutraceutical ingredients. World demand for these substances will increase 6.7% annually to $10.4bn in 2015.
Proteins will post the fastest gains as food and beverage makers throughout the world introduce new high value-added nutritional preparations. Functional additives and fibre nutrients will also fare well in the global marketplace. Demand for these ingredients will gain upward momentum from increasing clinical evidence of health benefits and expanding specialty applications in health foods and beverages, dietary supplements and nutritional preparations.
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