Nutraceutical Excipients Market Size, Share, Up-coming Trends, Analysis, Manufactures, Regions, Leading Players, Outlook –Future and Forecast 2023

The Global report on “Nutraceutical Excipients Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.

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“The nutraceutical excipients market is projected to grow at a CAGR of7.6%.”

The nutraceutical excipients market is estimated at USD 2.96 billion in 2017, and is projected to grow at a CAGR of 7.6% to reach USD 4.27 billion by 2022. The market is primarily driven by factors such asgrowing demand for nutraceuticals and advances in nanotechnology used to impart new functions to excipients. Several multinational excipient manufacturers have made minimal investments in R&D for excipients in the past few years, except in the area of specialty excipients. The decline in R&D investments for developing new and innovative excipients due to several challengesis expected to restrict the growth of the excipients market in the long run.

“The lubricants segment is projected to grow at the highest rate during the forecast period.”

Nutraceutical excipients are being used as lubricants, and their market for this functionality is projected to grow at the highest CAGR among other functionalities. Lubricants enhance the quality of the end product and support some of the processing features such as smooth ejection of the tablet from the tablet mold, thus quickening the manufacturing process. They also have an impact on the hardness of the tablet.

“Prebiotics is projected to formthe fastest-growing segment during the forecast period.”

Based on type, the market for prebiotics is projected to be the fastest-growing during the forecast period. Prebiotics manufactured in the capsule form usually have a coating agent—HPMC—as an excipient. This coating agent helps in maintaining the integrity of the capsule and prevents damage due to moisture. It acts a barrier to the external environment and protects the active ingredient from humidity. HPMC is also increasingly used in the manufacture of pre-and probiotic capsules to help in the efficient delivery of both the active ingredients. Thus, in prebiotic preparation, excipients support the product performance.

“On the basis of form, dry are projected to form the larger market during the forecast period.”

Based on the form of the nutraceutical excipients, the dry form segment is projected to form the larger segment. The popularity of the dry form can be attributed to its cost-effectiveness and convenience in multiple applications. Increase in demand for dry beverage mixes with additional nutrients (including customized mixes) and consumer preference for fortified beverages are fueling the growth of the dry segment in the nutraceutical excipients market.

“Asia Pacific is projected to register the highest growth rate during the forecast period.”

Asia Pacific is projected to be the fastest-growing market over the next five years. With busy lifestyles and increase in disposable incomes, the demand for fortified nutritional food & beverage products is growing in the region. The application of excipients is estimated to increase at a higher rate due to the demand from the nutraceutical industry.

Break-up of Primaries:

  • By Company Type: Tier 1 – 52%, Tier 2 – 23%, and Tier 3 – 25%
  • By Designation: C-level – 45%, and Manager Level – 20%, and Others – 35%
  • By Region: North America – 15%, Europe –28%, Asia Pacific – 35%, and RoW– 22%

The keyplayers profiled in this report are as follows:

  • Kerry (Ireland)
  • ABF (UK)
  • DuPont (US)
  • Ingredion (US)
  • Sensient (US)
  • Roquette Frères (France)
  • Meggle (Germany)
  • Hilmar Ingredients (US)
  • JRS Pharma (Germany)
  • Innophos (US)
  • Cargill (US)
  • IMCD (Netherlands)

Research Coverage:

The report segments the nutraceutical excipients market on the basis of functionality, end product, form, and region. In terms of insights, this research report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles, which together comprise and discuss the basic views on the emerging & high-growth segments of the nutraceutical excipients market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:

  • To get a comprehensive overview of the nutraceutical excipients market
  • To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
  • To gain insights about the major countries/regions in which the nutraceutical excipients market is flourishing

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