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

Global 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).

Nutraceuticals are products that have both nutritional and medicinal benefits. A nutraceutical product is a chemical that has physiological advantages or provides defence against chronic illness. Excipients are inert chemicals that are included with active medicinal components to thicken solution that contain powerful active compounds in nutraceuticals. These nutraceutical excipients are used in pharmaceutical-grade, standardized supplements.

In the presence of heat, light, oxygen, and high humidity, a number of compounds included in nutritional supplements become unstable. Additionally, they may have a varying particle size distribution, poor flow, and a high bulk density. Nutraceuticals can be used to improve health, delay the onset of chronic illnesses, prolong life expectancy, or support the structure or functioning of the body. There are many different kinds of nutraceutical goods on the market, such as antioxidants, probiotics, prebiotics, nutritional supplements, and others. These things have been demonstrated to help prevent certain ailments when used in conjunction with exercise. The projection period has lucrative prospects for the participants in the nutraceutical excipient market due to the increased use of excipients with multifunctional capabilities.

US Nutraceutical Excipient Market is poised to grow at a sustainable CAGR for the next forecast year.