Global Nutraceutical Excipient Market

Nutraceutical Excipient Market Size, Share, Growth Analysis, By Functionality(Fillers & Diluents, Binders, Coating Agents, Disintegrants), By Form(Dry, Liquid), By End Use(Prebiotics, Probiotics, Proteins & Amino Acids, Minerals), By Region - Industry Forecast 2025-2032


Report ID: SQSG35I2043 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 95 | Figures: 76

Nutraceutical Excipient Market Dynamics

Nutraceutical Excipient Market Driver

  • The market is expanding owing to developments in nanotechnology and drug delivery systems that solve issues with medication toxicity. In order to employ nanotechnology as a drug delivery method (DDS), there are two main strategies. The first strategy involves shrinking the size of nutraceutical medicine crystals to ensure improved solubility and bioavailability, while the second strategy involves using a type of nano-carrier to transport active components effectively.
  • The main reasons propelling the growth of the nutraceutical excipient market are the rise in demand for fortified food items, rise in consumer health consciousness, and increased emphasis on preventative care which is boosting investments in goods or solutions.
  • The prevalence of chronic diseases among consumers, poor nutrition, and rising public knowledge of illnesses and preventative treatment are all factors that are accelerating the expansion of the market.
  • Additionally, the market is favourably impacted by the rising emphasis on preventive healthcare, changing consumer lifestyles, rising disposable income, expansion of food processing applications, and rising healthcare expenditures. Additionally, the projection period will see profitable prospects for companies in the nutraceutical excipient market due to the growing use of excipients with multifunctional features.

Nutraceutical Excipient Market Restraint

  • Excipients and nutraceutical goods require significant R&D expenditures, clinical studies, and authorization from relevant authorities in many nations and regions because they are clinically and chemically formulated items. Additionally, creating such goods requires long-term work because it involves formulation, market testing, and commercialization. High R&D expenditures do not, however, provide equivalent productivity gains since, even after a successful molecule discovery, it is exceedingly expensive to introduce a new nutraceutical product and/or novel excipient to factors. Such factors are expected to hinder growth of the market to some extent.
  • Additionally, while one product or solution is being trialled and tested by another company, other market participants create alternative, less expensive solutions. This results in a loss of time, resources, and labour needed to advance a product's development, disrupting the entire process of creating new products. The possibility of failure is still very high, though. The price of demonstrating an excipient's efficacy through clinical studies is also rather high and can significantly impede the market development of novel excipients.
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Nutraceutical Excipient Market size was valued at USD 4.4 Billion in 2023 and is poised to grow from USD 4.67 Billion in 2024 to USD 7.65 Billion by 2032, growing at a CAGR of 6.2% during the forecast period (2025-2032).

Global Nutraceutical Excipient Market is fragmented and competitive due to the presence of major players. To maintain a competitive edge and increase their market position in the market, leading companies are increasingly focusing on implementing tactics such as adopting new technology, product developments, mergers and acquisitions, joint venture, alliances, and partnerships. Key players are using innovative production processes to meet the rising demand from various end users in the nutraceutical excipients market. Another important tactic used by market participants to stay ahead of the curve is portfolio expansion. 'Kerry Group PLC', 'Roquette Freres ', 'Cargill, Inc.', 'DuPont Nutrition & Biosciences', 'Ingredion Incorporated', 'BASF SE', 'Archer Daniels Midland Company', 'Ashland Global Holdings Inc.', 'Lubrizol Corporation', 'Innophos Holdings, Inc.', 'DFE Pharma GmbH & Co. KG', 'JRS Pharma GmbH & Co. KG', 'IMCD N.V.', 'Colorcon Inc.', 'Sensient Technologies Corporation', 'SternMaid America LLC', 'Nitta Gelatin Inc.', 'SPI Pharma Inc.', 'Pharmatrans Sanaq AG', 'Gattefossé SAS'

The market is expanding owing to developments in nanotechnology and drug delivery systems that solve issues with medication toxicity. In order to employ nanotechnology as a drug delivery method (DDS), there are two main strategies. The first strategy involves shrinking the size of nutraceutical medicine crystals to ensure improved solubility and bioavailability, while the second strategy involves using a type of nano-carrier to transport active components effectively.

Pre-processed and co-processed excipients that contribute additional capabilities to the formulation are included in the class of excipients known as multifunctional excipients. These characteristics include porosity, shape, particle size distribution, flowability, and compressibility. Products that perform various functions in the formulation of nutritional supplements and functional food & beverage lines are also included within the definition of multifunctional excipient. In the nutraceutical industry, there is still a significant need for excipients with enhanced capabilities that minimise the negative effects of integrated excipients. A combination of two or more compendial or non-compendial excipients meant to physically affect their characteristics in a manner not possible by simple physical mixing, and without substantial chemical change, according to the definition of a co-processed excipient.

North America dominated the global nutraceutical excipient market in 2021, owing to the rising demand for dietary supplements and nutraceuticals in the region. Consumers' busy lifestyles and rising knowledge of the health advantages of nutritious foods, especially dietary supplements, have been cited as contributing causes to this growth. Excipients are now available for usage in novel and creative ways thanks to the introduction of new products and the application of technology. Consumption of prebiotics and probiotics has grown in the United States as a result of the rising prevalence of lifestyle disorders including obesity, diabetes, and others. As a result, there will be prospects for the use of nutraceutical excipients in the nation's food industry. Thus, sales of nutraceutical excipients will likely soar as a result of the trend toward health consciousness in the U.S.

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Global Nutraceutical Excipient Market

Report ID: SQSG35I2043

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