The purpose of the report is to illustrate the state of the market of Nutraceutical Ingredients, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026. [Continue Reading…..]
Market Competition Assessment:
The nutraceutical ingredients market presently comprises various companies having their products commercialized across various geographies. The manufacturers are developing new innovative products and the market is growing as a result of increasing adoption and accessibilities of these products. The key industry players include Archer Daniels Midland Company, DuPont, BASF SE, Cargill, Incorporated, Tate & Lyle, Ajinomoto Co., Inc., Ingredion Incorporated, Arla Foods amba and other notable players.
Key Market Movements:
- The increasing awareness of public towards better health, increasing expenditure in R&D for product innovation, growing prevalence of chronic diseases propel growth of nutraceutical ingredients market
- High cost of product and stringent regulatory guidelines for product approval are likely to hinder the growth of nutraceutical ingredients market [Continue Reading…..]