What is the global market size of Nutraceutical Excipient Market?

Global Nutraceutical Excipient Market size was valued at USD 4.1 billion in 2021 and is poised to grow from USD 4.4 billion in 2022 to USD 7.2 billion by 2030, growing at a CAGR of 6.2% in the forecast period (2023-2030).

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 2024-2031

Q: Who are the key vendors in the Global Nutraceutical Excipient Market?

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'.

Q: Which region accounted for the largest share in Global Nutraceutical Excipient Market?

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.

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

Nutraceutical Excipient Market News

In September 2022, in order to strengthen its position in India and Asia, Roquette, a French-based supplier of pharmaceutical and nutraceutical excipients, purchased Crest Cellulose, an Indian excipient company. Crest Cellulose is a privately held business with headquarters in Mumbai that also has operations in Hyderabad and Nellore. It produces a variety of "superior" excipients.
In January 2022, DFE Pharma, a leading producer of excipients worldwide, has added a maize starch line to the Nutroféli portfolio of products for the nutraceuticals industry. The company, which is based in Germany, stated that the introduction of the starches is intended to meet the demands of nutraceutical companies for premium quality, multi-functional ingredients, while also ensuring on-time delivery and supply. A variety of options are made available to meet these demands as binders, fillers, and disintegrants, among other applications.

Nutraceutical Excipient Market Report Snapshots

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Nutraceutical Excipient Market size was valued at USD 4.1 billion in 2019 and is poised to grow from USD 4.4 billion in 2023 to USD 7.2 billion by 2031, growing at a CAGR of 6.2% in the forecast period (2024-2031).

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 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 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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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 2024-2031

Nutraceutical Excipient Market News

Nutraceutical Excipient Market Report Snapshots

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What is the market size of Nutraceutical Excipient Market?

Who are the key vendors in the Nutraceutical Excipient Market?

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What is the key market trend for Nutraceutical Excipient Market?

Which region accounted for the largest share in Nutraceutical Excipient Market?

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