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(Health-NewsWire.Net, September 16, 2019 ) Market Overview:
Nutraceutical is defined as any substance that may be considered a food or a part of the food and provides medical or health benefits, including the prevention and treatment of disease. Such products may range from isolated nutrients, dietary, supplements, herbal products and processed foods.
Market Dynamics:
The major driver for the nutraceutical ingredients market is the increasing awareness for preventive health care. The increased awareness on the relationship between health and diet is driving the demand for nutraceutical ingredients.
In the US and Japan, by contrast, nutraceuticals do not have to pass stringent tests, as long as they do not claim to treat or prevent a specific disease.Therefore, companies need to adapt their marketing strategies to the regulations of each country. Moreover, the increasing use of biofortification to produce crops containing higher amounts of vitamins and minerals is hampering the growth of nutraceutical ingredients market.
Market Segmentation:
By Ingredients
Prebiotics
Probiotics
Omega Fatty acids and structural lipids
Carbohydrates and derivatives
Amino acid-based substances
Minerals
Others
By Application
Animal Nutrition
Child Nutrition
Dietary Supplements
Functional Food & Beverage
Pharmaceuticals
Others
Geographical Analysis:
By Geography, the market is segmented into:
North America
Europe
South America
Asia Pacific
The Middle East and Africa
Competitive Analysis:
Key Players:
Cargill, Inc
DSM MV
Dow DuPont
BASF SE
Ajinomoto Co.
Ingredion Inc
Others
View full report: https://www.datamintelligence.com/research-report/nutraceutical-ingredients-market
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