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rupalic · 23 days

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Nutraceutical Ingredients Market Analysis by Key Players, Geography, and Major Segments Forecast

The nutraceutical ingredients market encompasses bioactive compounds that provide health benefits beyond basic nutrition. These ingredients are used in functional foods, beverages, dietary supplements, and personal care products. The global nutraceutical ingredients market size valued at USD 105.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 136.1 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 5.3% during the forecast period.

The Rising Demand for Nutraceuticals: How Preventive Healthcare is Shaping Consumer Choices

Growing awareness and emphasis on preventive healthcare among consumers have contributed hugely to the demand for dietary supplements and functional foods fortified with nutraceutical ingredients. Additionally, scientific research is also playing an extremely important role as numerous studies have pointed out possible health benefits of nutraceutical ingredients and attributed them to disease prevention and management. An extensive review conducted in 2021, for example, combined the results of seven different studies involving 491 adults in India. In these studies, the effects of six to eight weeks of ashwagandha extracts on stress and anxiety were compared to placebos. Additional studies involving 250 adults in the US and India confirmed the significant reduction in stress and anxiety reported by participants who received ashwagandha. Moreover, ashwagandha extracts made from its leaves that contain substances like triethylene glycol have been linked to improved sleep in mice. This effect is assumed to be brought about by altering the brain’s GABA receptors, which control the activity of nerve cells linked to both relaxation and stress. Such studies not only validates traditional claims but also builds up consumer confidence and acceptance of these nutraceutical ingredients.

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Social media’s influence has also helped raise people’s interest in and knowledge of these ingredients. Social media platforms such as Youtube and Instagram facilitate the rapid sharing of personal testimonials and health trends, which shapes consumer preference. Celebrities and influencers often flaunt products containing nutraceutical ingredients, further boosting the popularity of these ingredients. Furthermore, regulatory support and improvements in extraction technologies have made the production process more accessible and affordable for manufacturing companies.

Key Nutraceutical Ingredients Market Growth Drivers

Rising Health Consciousness: Consumers are becoming more health-conscious and seeking products that offer added health benefits. This trend has boosted the demand for nutraceutical ingredients in food and beverage products.

Aging Population: The global aging population is more prone to chronic diseases and is seeking preventive healthcare solutions, leading to increased consumption of nutraceutical products.

Demand for Functional Foods and Beverages: There is a growing trend of incorporating nutraceutical ingredients into functional foods and beverages, providing added value and health benefits.

Increase in Chronic Diseases: The rise in lifestyle-related diseases such as obesity, diabetes, and cardiovascular diseases has led to a greater focus on preventive healthcare, boosting the nutraceutical market.

Technological Advancements: Innovations in extraction and formulation technologies have enhanced the bioavailability and efficacy of nutraceutical ingredients, driving market growth.

The Dominance of Food Applications in the Nutraceutical Ingredients Industry

Since more people are becoming aware of the positive impacts of these nutraceutical ingredients to their physical and mental well-being, consumer preferences are shifting more and more in favour of functional foods enhanced with nutraceutical ingredients. An article published in November 2023 in Food Navigator Asia claims that the idea of “punk nutrition” in China is a prime example of this trend, where consumers are willing to spend money on health-supporting products even in the face of stressful work environments. This includes splurging on nutrient-dense foods like probiotic or prebiotic biscuits and seasonal drinks with extra health benefits. This market segment is very competitive, which encourages innovation in the direction of products with distinctive value propositions and shelf presence.

Moreover, the food segment benefits from its widespread appeal and integration into daily diets, making it accessible to a broader consumer base compared to other applications. Manufacturers are tapping into this trend by creating innovative food products tailored to specific health needs, such as boosting immunity, improving digestion, and promoting cardiovascular health. By focusing strategically on food fortification, manufacturers are not only satisfying consumer demand for convenient health solutions but also setting their products apart and increasing their market competitiveness.

Europe Nutraceutical Ingredients Market Set for Significant Growth

Increased public and private spending on preventive care indicates that Europeans are becoming more aware of the importance of preventive healthcare. For instance, the European Commission reports that spending on preventive care increased to 6.0% of all health spending in the EU in 2021 from 2.9% in 2019, indicating a shift in emphasis towards proactive health maintenance.

Probiotics are a well-known category of nutraceutical ingredients that are widely recognised and used throughout Europe, according to the International Probiotics Association Europe. There is a high level of awareness as even among those who do not take probiotics, 56% are familiar with the term. One of the factors driving this adoption is the belief, held by consumers and often reinforced by the advice of medical experts, that probiotics improve general health and well-being. Significant portions of the populations in Germany, Spain, and Italy have indicated that they regularly consume probiotic foods and supplements, indicating a sizable market base.

According to a 2022 consumer survey by the International Probiotics Association Europe, 41% of Italians, 38% of Germans, and 44% of Spanish people are active consumers of either probiotic foods or supplements. This trend is indicative of a broader trend in Europe towards using nutraceutical ingredients to support overall health and well-being.

Proteins, By Type, Accounted for the Highest Nutraceutical Ingredients Market Share

Proteins are important for human health in that they provide for muscle-building purposes, repair of tissues, the production of enzymes, and in the immune system. With such a high nutritional value, they are incorporated into all kinds of products: food and beverages, dietary supplements, or animal feed. According to an article by Glanbia PLC, Ireland, in December 2021, soy and dairy headed global fortification volumes. This is because they are cost-effective and available, making them nutritionally complete. From sports nutrition to infant formulas, versatility underpins soy and dairy’s market leadership. Furthermore, plant-based proteins such as pea and wheat further pursue the demand for non-GMO and allergen-free options.

Top Nutraceutical Ingredients Companies

Cargill, Incorporated (US)

ADM (US)

International Flavors & Fragrances Inc. (US)

BASF SE (Germany)

Arla Foods amba (Denmark)

Associated British Foods plc (UK

Ingredion (US)

Tate & Lyle (UK)

Ajinomoto Co., Inc. (Japan)

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tamanna31 · 1 month

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Vitamins & Dietary Supplements Procurement Intelligence: Global Market Is Expected to Exhibit CAGR of 8.5% During 2024-2030

Vitamins & Dietary Supplements - Procurement Intelligence

Vitamins & dietary supplements procurement is expected to unlock huge opportunities by harnessing advanced technologies across advanced and emerging economies. The global market size stood at USD 178.5 billion in 2023. Traction for health and wellness is evolving among America consumers as they seek supplements tailored to their needs. Notably, North America dominated the industry in 2023, accounting for 35% of the overall market share, followed by Europe and Asia Pacific.

Meanwhile, Europe is anticipated to witness growth owing to increased consumer awareness of health and the role of supplements in weight control and physical activity as well as their readiness to pursue a healthier lifestyle. The Asia Pacific region is poised to observe the fastest growth rate during the forecasted period. This growth is attributed to increasing consumer awareness & purchasing power along with a rise in the geriatric population in countries such as Japan and China.

Vitamins & dietary supplements are manufactured in several forms, such as tablets, capsules, powders, liquids, and gels. By type, the products are segmented into vitamin subtypes (e.g., A, B, C, D, E, and K), minerals, amino acids, enzymes, and probiotics. The products have end-use applications in pharmaceuticals, nutraceuticals, feed products, foods and beverages, and personal care products. A few of the key raw materials used in manufacturing these products include retinol, carotenoids, thiamin, riboflavin, ascorbic acid, cholecalciferol, calcium carbonate, and magnesium aspartate.

Key technologies driving the growth include nanoencapsulation, biohacking and targeted supplementation, nutrigenomics, 3D printing of capsules, and lab-grown nutrients. For instance, nanoencapsulation provides various benefits, such as improving the stability and solubility of bioactive compounds used in the manufacturing of vitamins and dietary supplements. It also inhibits the deterioration of products during storage and transportation. It also enhances the bioavailability and potency of the target compounds in the products.

Industry players purchase raw materials and active ingredients from a variety of sources and locations. The profit margins are typically moderate to low due to intense competition. The key players usually compete over pricing strategies, product innovations, packaging, labeling, and advertising. Customers can be selective, as their objective is to purchase the best available options at the lowest feasible cost. This increases the pressure on key players to provide competitive pricing and high-quality products. Besides, regulatory guidelines in several countries require companies to have stringent quality control and safety standards.

Vitamins & dietary supplements may either be manufactured in-house or through contract development & manufacturing organizations (CDMOs). They may be distributed via offline or online distribution channels. Offline channels include brick-and-mortar establishments such as direct sellers, pharmacies, hypermarkets, supermarkets, convenience stores, or other tangible shop environments. Online channels comprise e-pharmacies (Walgreens, CVS, PharmEasy) and e-commerce platforms (Amazon, eBay, Flipkart).

The COVID-19 pandemic caused significant disruption in the global vitamins and dietary supplements industry. The product demand intensified after the COVID-19 outbreak, due to the surge in demand for immunity-boosting products. Supply disruptions were prevalent due to transportation bottlenecks and labor shortages during government-imposed lockdowns, but the supply stabilized significantly in 2023 to meet the increased global demand.

Order your copy of the Vitamins & Dietary Supplements Procurement Intelligence report 2024-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

Vitamins & Dietary Supplements Sourcing Intelligence Highlights

The vitamins & dietary supplements market has a fragmented landscape, with intense competition among the service providers.

Countries such as India and China are the preferred low-cost/ best-cost countries for vitamins and dietary supplements owing to cheap raw material costs, cheap labor costs, competitive pricing, and high return on investment.

Buyers have high negotiating power due to the intense competition among the service providers based on the scope of services and prices, enabling the buyers with flexibility to switch to a better alternative.

Raw materials, labor, technology and equipment, energy and utilities, packaging, labeling, and logistics, and other costs are the major cost components of the vitamins & dietary supplements. Other costs include R&D, regulatory and compliance, rent, general and administrative, sales and marketing, and finance and taxes.

List of Key Suppliers

Abbott Laboratories

Amway Corporation

Archer Daniels Midland Company (ADM)

BASF SE

Bayer AG

DSM Nutritional Products AG

GlaxoSmithKline plc (GSK)

Herbalife International, Inc.

Lonza Group Limited

Pfizer, Inc.

American Health Inc.

RBK Nutraceuticals Pty Ltd.

Browse through Grand View Research’s collection of procurement intelligence studies:

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Digital Procurement Systems Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

Vitamins & Dietary Supplements Procurement Intelligence Report Scope

Vitamins & Dietary Supplements Category Growth Rate: CAGR of 8.5% from 2024 to 2030

Pricing Growth Outlook: 5% - 10% increase (Annually)

Pricing Models: Cost-plus pricing, competition-based pricing, demand-based pricing, bundled pricing

Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence

Supplier Selection Criteria: Geographical service provision, revenue generated, key regulatory certifications, years in service, employee strength, clientele, product portfolio, key technologies, distribution channels, application/end-use, customer ratings, and others.

Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

#Vitamins & Dietary Supplements Procurement Intelligence

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ananya5400 · 1 month

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Food Encapsulation Market Report, Size, Share, Growth Drivers, Trends, and Regional Analysis

The food encapsulation market size was valued at USD 11.5 billion in 2022; it is projected to grow at a CAGR of 8.2% to reach USD 17.0 billion by 2027. The market for encapsulation is growing globally at a significant pace due to its numerous applications and multiple advantages over other technologies. Some of the major advantages of encapsulation are that it helps provide enhanced stability and bioavailability to the bioactive ingredients, helps increase the shelf life of food products, and maintains the taste and flavor for a longer period of time. Encapsulation is increasingly used in various industrial areas, such as nutraceuticals and food & beverages. The high growth opportunities in emerging regions are attributed to innovations by key players, growing economies, and technological advancements.

The global food encapsulation market is highly competitive, with many global and local market players who have adopted various strategies to expand their global footprint and increase their market share. Agreements & contracts, partnerships, product launches, expansions & investments, and mergers & acquisitions are some of the key strategies adopted by players to achieve growth in the food encapsulation market. According to the International Association of Color Manufacturers, artificial food colors enhance the intensity of natural colors, which results in the virtual colorlessness of natural colors. Thus, favorable government policies for the international trade of confectioneries that use ingredients, such as flavors, sweeteners, and colors, are projected to support the encapsulated artificial food color market for key players. Consumer tastes and preferences are ever-changing with the increasing willingness to try new and appealing products, with flavor variety and other attributes. This will drive demand for various artificial colors from different origins and sources, propelling the food encapsulation market.

Food Encapsulation Market Drivers: Innovative food encapsulation technologies enhance market penetration.

Food encapsulation technology has evolved from being a fundamental preservation technology to a complex food processing technology. This technology enables many properties such as color and taste-masking and controlled release of bioactive ingredients. The evolution of encapsulation technology has happened through many stages. They have been further classified into microencapsulation, microencapsulation, and nanoencapsulation. Food manufacturers are developing newer encapsulation technologies. The aim to maximize and preserve product taste without environmental degradation. The preservation of potency along with health benefits value addition to the product is pushing manufacturers towards adopting food encapsulation.

One of the major applications of food encapsulation is the controlled release of bioactive agents in the food and nutraceutical industries. The increasing complex production of processed foods propels the demand for a controlled release of bioactive compounds. The hydrophobic spheres encapsulated in moisture-sensitive microspheres help improve the shelf-life of foods & beverages. Spheres are homogeneously dispersed in the microsphere matrix and dissolve after encountering saliva or water. This helps in releasing the encapsulated ingredients and prolonging the sensation of flavor and taste since a controlled release of bioactive compounds is a major application in frozen dough, baked foods, confectionery, health bars, processed meats, desserts, nutrition foods, dry beverage powder mixes, and other wellness products.

Food Encapsulation Market Opportunities: Reducing capsule size and increasing bioavailability

According to IUUPAC, nanocapsules size ranges from 1−100 nm range. These nanocapsules are the perfect size for enclosing highly potent bioactive while ensuring targeted delivery. For dietary supplements, the best-suited size is sizes 1, 0, through 00. These capsules can hold up to 290 and 850 mg of the core material. They are ideally suited for powdered and granulated substances. These small capsule sizes are best suited for minerals, water- and fat-soluble vitamins and antioxidants. Hence, it is necessary to focus on reducing the size of the capsule to increase its utility and bioavailability.

Robotic Technology in Food Encapsulation is One of the Major Trends

Robots enhance the process of packaging nutraceutical supplements by being time-efficient and accurate. They increase the shelf life of nutraceutical ingredient products and help them comply with regulatory guidelines by reducing the risk of contamination. Furthermore, the recent increase in demand for nutritional supplements requires large-scale production, increasing the demand for robots to optimize production facilities.

Analyzing machine performance, gathering data, and troubleshooting in advance are the key robotics trends in the nutraceutical ingredients market projected to increase technology adoption in the industry. COBOTs are primarily used in the nutraceutical industry for such applications. According to TransAutomation Technologies, the labor expenditures of three people each day can be offset by a single robot that can perform one function for 24 hours per day. This helped several pharmaceutical and nutritional supplement manufacturers increase productivity, reducing their need for human labor and the challenges and costs that go along with it. Collaborative robots enable humans and robots to work together effectively in open or uncaged environments. Through collaborative robots, a human operator and robot can be engaged together in the same process, or the operator can simultaneously manage other tasks that a person might better solve.

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North America dominated the food encapsulation market; it is projected to grow at a CAGR of 7.8% during the forecast period.

The food encapsulation market in North America is influenced by factors like health awareness, the promotion of nutraceuticals and functional foods, and growing expenditure on the prevention of chronic non communicable diseases. Food encapsulation adds value to foods and effectively delivers potent bioactives in isolation as supplements or as value addition in functional foods. The US dominated the market in 2021 and is projected to be the fastest-growing market for food encapsulation in North America. The market in this region is driven by technological advancements in food encapsulation techniques such as liposome compression, inclusion complexes, and centrifugal extrusion, the growing demand for functional and fortified foods that use encapsulated nutrients, and the growing consumption of convenience foods that use encapsulated flavors and colors. Most of the key market players have a presence in the region. These include International Flavors and Fragrances Inc. (US), Sensient Technologies Corporation (US), Balchem Corporation (US), Encapsys LLC (US), Ingredion Incorporated (US), Cargill (US), DuPont (US), Aveka Group (US), and Advanced BioNutrition Corp. (US).

Top Food Encapsulation Companies

The global food encapsulation market is dominated by top players such as Cargill, Incorporated (US), BASF SE (Germany), Kerry (Ireland), DSM (Netherlands), Ingredion (US), Symrise (Germany), Sensient (Germany), Balchem (US), International Flavors & Fragrances Inc. (US), Firmenich SA (Switzerland), FrieslandCampina (Netherlands), TasteTech (UK), LycoRed Corp (Israel), Ronald T Dodge Company (US), Innov’io (France), Givaudan (Australia), AnaBio Technologies (Ireland), Sphera Encapsulation (Italy), Reed Pacific (Australia), Aveka (US), Advanced Bionutrition Corp (US), Clextral France (US), Vitablend (Netherlands), and Encapsys LLC (US).

#Food Encapsulation Market #Food Encapsulation #Food Encapsulation Market Size #Food Encapsulation Market Share #Food Encapsulation Market Growth #Food Encapsulation Market Trends #Food Encapsulation Market Forecast #Food Encapsulation Market Analysis #Food Encapsulation Market Report #Food Encapsulation Market Scope #Food Encapsulation Market Overview #Food Encapsulation Market Outlook #Food Encapsulation Market Drivers #Food Encapsulation Industry

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pranalip · 2 months

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Aramid Fiber Market – Latest Scenario Report And Forecast 2024-2033 | Global Insight Services

Global Insight Services has recently updated its global market reports, now including the latest data for 2024 and projections through 2033.

The global Aramid Fiber market was valued at USD 2.8 Billion in 2022 and it is anticipated to grow up to USD 8.4 Billion by 2032, at a CAGR of 11.6% during the forecast period.

Aramid fiber is a type of synthetic fiber that is heat resistant and strong. It is used in a variety of applications, including bulletproof vests and tires. Aramid fiber is made from a class of polymers called aromatic polyamides. The most common type of aramid fiber is Kevlar.

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Market Trends and Drivers

Increasing demand for security & protective measures in various end-use industries such as military and construction is anticipated to boost the demand for aramid fibers over the forecast period. Aramid fiber is widely utilized in the making of protective clothing, equipment, and accessories owing to its excellent fiber, chemical, mechanical, and thermal properties. Protective clothing is specifically designed, treated, and fabricated to protect personnel from hazards that are caused by dangerous work environments and extreme environmental conditions. Some of the protective clothing is designed to protect workers from pollution or infection. Protective clothing is widely utilized in various end-use industries such as healthcare/medical, mining, oil & gas, manufacturing, building & construction, military, and others.

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Research Objectives

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

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Global Aramid Fiber Market Segmentation

By Type

Para-aramid Fiber

Meta-aramid Fiber

By Application

Robot-Assisted Surgery

Clinical Trials

Hospital Workflow

Therapy Planning

Wearables

Virtual Assistants

Medical Imaging & Diagnosis

Others

Major Players in the Global Aramid Fiber Market

The overall competitive rivalry remains moderately high in the market studied. The growing presence of big players in the industry is expected to intensify competitive rivalry during the forecast period. The global Bioactive Ingredients Market report includes players such as Rohtex GmbH (Germany), DuPont De Numerous, Inc. (US), Huvis Corporation (South Korea), Hyosung Corp. (South Korea), Kermel (France), Kolon Industries Inc. (South Korea), SRO Aramid (Jiangsu) Co. Ltd. (China), Teijin Ltd. (Japan), Toray Industries, Inc. (Japan), and Yantai Tayho Advanced Materials Co., Ltd. (China) among others.

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

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10-year forecast to help you make strategic decisions

In-depth segmentation which can be customized as per your requirements

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About Global Insight Services:

lobal Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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trendingreportz · 3 months

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Aloe Vera Gel Market – Forecast 2024-2030

Aloe Vera Gel Market Overview:

The Aloe Vera Gel Market size is estimated to reach $621.4 million by 2030. Furthermore, it is poised to grow at a CAGR of 7.4% over the forecast period of 2024-2030. Aloe vera gel has been used by mankind in various forms for multiple purposes. Aloe vera as a food ingredient has been used to treat high blood sugar and to reduce the chances of gastric ulceration. Additionally, aloe vera is a mucopolysaccharide that would help in intestinal motility and glutathione reductase. Furthermore, aloe vera has been extensively used by the personal care industry and cosmeceuticals owing to its excellent moisturizing properties, thereby, helping in reducing incidences of wrinkles and acne. Owing to the presence of various vitamins and minerals, it has been an extensive source of anti-aging cream. The growing geriatric population can be inclined to use such creams if the product is positioned as such. Various health benefits of aloe vera gel such as its antibacterial, antiviral and antiseptic properties, the ability to accelerate wound healing, reduce dental plaque and help treat mouth ulcers, positive laxative effects, and the ability to improve skin and prevent wrinkles are the plausible driver for the Aloe Vera Gel Industry for the projected period of 2024-2030.

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Market Trends:

Increasing Use in Nutraceuticals and Functional Beverages

An emerging trend shaping the aloe vera gel market is the increasing utilization of aloe vera gel in nutraceuticals and functional beverages. Recognized for its potential health benefits, including digestive support and immune system enhancement, aloe vera gel is finding applications beyond topical skincare. In the nutraceutical sector, aloe vera gel is incorporated into supplements, capsules, and health drinks to capitalize on its bioactive compounds. Additionally, aloe vera beverages, including aloe vera-infused juices and water, have gained popularity as functional beverages promoting hydration and well-being. This trend is driven by a growing consumer awareness of holistic wellness and the desire for functional products that offer both nutritional and health benefits. As a result, the aloe vera gel market is expanding its reach into the realm of functional foods and beverages, catering to health-conscious consumers seeking diverse and palatable ways to incorporate the benefits of aloe vera into their daily routines.

Integration into Clean Label Cosmetics

The aloe vera gel market is witnessing a trend wherein aloe vera is being integrated into clean-label cosmetics. With an increased focus on transparency and ingredient authenticity, consumers are gravitating toward cosmetics that feature recognizable, plant-based components. Aloe vera gel, celebrated for its skin-soothing properties, is becoming a sought-after ingredient in clean beauty formulations, including foundations, serums, and makeup removers. Brands are leveraging the hydrating and calming attributes of aloe vera to meet the demands of consumers seeking products with fewer synthetic chemicals. This trend aligns with the broader clean beauty movement, emphasizing simplicity and purity in cosmetic formulations. As the demand for clean-label cosmetics continues to grow, the aloe vera gel market is positioned to play a pivotal role in the development of skincare and beauty products that prioritize both efficacy and ingredient integrity.

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Aloe Vera Gel Market - Report Coverage:

The “Aloe Vera Gel Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Adhesive Bandages Market.

Attribute

Segment

By Nature

Conventional

Organic

By End-User

Cosmetic and Personal Care Industry

Food and Beverages Industry

Pharmaceutical Industry

By Distribution Channel

Offline

Online

By Geography

North America (U.S., Canada, and Mexico)

Europe (Germany, France, UK, Italy, Spain, Netherlands and Rest of Europe),

Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),

South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

Rest of the World (Middle East and Africa).

COVID-19 / Ukraine Crisis - Impact Analysis:

● The COVID-19 pandemic significantly impacted the aloe vera gel market in both positive and negative ways. On one hand, the increased emphasis on personal hygiene and skincare during the pandemic led to a surge in demand for aloe vera gel. Consumers sought products known for their moisturizing and soothing properties, and aloe vera, with its natural and healing attributes, became a popular choice. The spike in demand was particularly notable in hand sanitizers and skincare products containing aloe vera. However, on the flip side, disruptions in the supply chain, restrictions on manufacturing facilities, and logistical challenges posed hurdles for aloe vera gel producers. The pandemic-induced lockdowns and economic uncertainties also influenced consumer spending patterns, impacting the overall market dynamics.

● The Russia-Ukraine war has had a notable impact on various global markets, including the aloe vera gel market. Aloe vera is a versatile plant known for its medicinal and cosmetic properties, and its gel is widely used in skincare and healthcare products. The conflict has disrupted supply chains, as both Russia and Ukraine play crucial roles in the production and export of raw materials essential for the aloe vera gel industry. Instabilities in these regions have led to uncertainties in the availability of key components, affecting the manufacturing and distribution processes. Fluctuations in currency exchange rates, trade restrictions, and increased transportation costs have further contributed to challenges for market players. As a result, the aloe vera gel market has experienced disruptions in the production pipeline, leading to potential shortages and price volatility. Businesses in this sector are compelled to adapt to the evolving geopolitical landscape, seeking alternative sources and strategies to mitigate the adverse effects of the ongoing conflict on market growth.

Key Takeaways:

● Dominance of Asia-Pacific

The aloe vera gel market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and Rest of the World. Asia-Pacific held a dominant market share of 31% as compared to the other regions in 2023. China and India are the dominant marketable places for aloe vera, and both regions provide excellent profit metrics for wholesalers and retailers. As per an individual farmer review, a profit of around INR 4,72,000 can be generated from 2,000-acre farming of aloe vera owing to high product demand. However, North America is expected to offer lucrative growth opportunities to marketers in the projected period of 2024-2030. This is owing to the enormous demand being seen in the green beauty segment. Further, in a data report, consumers surveyed reported that they’d be keener to purchase beauty or food items that are sourced sustainably, from local farmers, and are organic.

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● The cosmetic and Personal Care Industry segment held the largest market share

The aloe vera gel market based on the end-use industry can be further segmented into the Cosmetic and Personal Care Industry, Food and Beverages Industry, and Pharmaceutical Industry. The cosmetic and Personal Care Industry held a dominant market share in the year 2023. This is owing to the widespread usage of aloe vera gel in fulfilling various needs, especially pertaining to the skin. Aloe vera gel has been an excellent skin healer and protects against skin burns. Aloe vera acts as a protective layer of the skin and helps replenish its moisture. Regions such as Australia receive an additional 7% solar UV intensity, while also receiving 15% more UV than Europeans. However, Pharmaceutical Industry is estimated to be the fastest-growing, with a CAGR of 8.6% over the forecast period of 2024-2030. It is owing to the overall nutritional qualities which allow a multi-dimensional use. Further, type II diabetes can be bought under control using such products in continuation. As per WHO, around 490 million people globally suffer from diabetes.

● Offline Segment to Hold Largest Market Share

The aloe vera gel market based on distribution channels can be further segmented into Offline and Online. The offline segment held a dominant market share in the year 2023. It is owing to the preferential selling techniques to advertise new products that are favored through hypermarkets and supermarkets. Further, such products have a higher shelf life which allows for better chances of being used by the consumer. Offline retailers try to mend new strategies, by giving bulk discounts up to 10-12% to induce sales on the newer products.

However, the Online segment is estimated to be the fastest-growing, with a CAGR of 8.8% over the forecast period of 2024-2030. It is owing to heavy discounts and newer digital sales strategies which propel confidence and instill discounts at various checkpoints. Moreover, celebrity endorsements and codes allow for better positioning. Lastly, consumers in various economies are highly price-sensitive, thereby online selling channels can provide additional ways. For example, Mama Earth aloe vera gel is available at a discount of 15% against the MRP of INR 300.

● The property of aloe vera gel to combat and prevent skin wrinkles, and aging effects has allowed the market to space

Natural or green beauty has been a growing discipline within the cosmetic industry. Green beauty is anything and everything which is sourced using ethical and sustainable practices, without relying on animal cruelty. Aloe Vera gel has been extensively used to prevent wrinkles and acne. Since aloe vera is rich in anti-inflammatory properties it can kill and fight against acne-causing bacteria. Acne has been regarded as a common skin condition within the US, affecting around 50 million of the population. Furthermore, as per AAD, 85% of people within the age bracket of 12-24, experience acne at least once in life. Aloe vera gel is also rich in aging factors. Aloe vera contains numerous antioxidants that include beta-carotene, vitamins C, and E that can help improve the skin's natural firmness and further keep it hydrated. The geriatric population is booming in various parts of the world, as by 2030 around 25% of the US population will be above the age bracket of 65, of which a dominant position is held by women. Owing to such factors, the market would be driven at a good pace.

● The medicinal use of aloe vera gel in controlling various forms of cardiovascular diseases allows the market to reach exponential potential

As per a report by Herbal Medicines, aloe vera gel contains around 200 active substances primarily including vitamins, minerals, enzymes, and polysaccharides. All the said components work together to provide the desired result. Aloe vera gel is a powerful anti-inflammatory that can help in treating various forms of health complaints, including constipation-colic, and high blood pressure issues. Within the U.S., around 50% of the entire adult population suffers from hypertension, of which only one-third take medicines to control. As per a report from the National Center for Complementary & Integrative Health, aloe vera gel can also help in compensating for cases of osteoarthritis, bowel diseases, and forms of fever. As for treating type-two diabetes, a review published by the Journal of Alternative And Complementary Medicines, aloe vera gel can help in lowering fasting blood sugar by 46.6 milligrams per decilitre, while also controlling A1C blood sugar levels by 1.05%. Owing to such medicinal properties, the market has the potential to grow exponentially.

● The increasing Sensitive conditions to incur/ grow aloe vera plantation have been a limiting factor

Aloe-vera commercial farming is gaining market traction owing to high profitability metrics. The average yield of Aloe Vera leaves for one hectare of land is estimated to be 15 to 20 tonnes. However, the industry remains highly unregulated which often creates wide-scale problems, especially during plantations. One of the limiting factors for the growth of aloe vera is pests. Mealybugs are one of the common mites which affect aloe-vera plants, as they can suck all the sap of the plant, by piercing right through the plant tissues. Additionally, since it is a desert plant, a stint of high water can plausibly spoil the entire acreage. Owing to such factors, the market’s growth can be potentially hindered.

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Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Adhesive Bandages Market. The top 10 companies in this industry are listed below:

Lily Of The Desert

Terry Laboratories Inc.

Natural Aloe Costa Rica S.A.

Aloecorp Inc.

Aloe Laboratories Inc.

Herbalife International of America, Inc.

Aloe Vera of Australia

Real Aloe Solutions Inc.

Aroma Treasures

Green Leaf Naturals

Scope of Report:

Report Metric

Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

7.4%

Market Size in 2030

$621.4 million

Segments Covered

Nature, End-User, Distribution Channel and Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

Lily Of The Desert

Terry Laboratories Inc.

Natural Aloe Costa Rica S.A.

Aloecorp Inc.

Aloe Laboratories Inc.

Herbalife International of America, Inc.

Aloe Vera of Australia

Real Aloe Solutions Inc.

Aroma Treasures

Green Leaf Naturals

#Aloe Vera Gel Market #Aloe Vera Gel Market Share #Aloe Vera Gel Market Size #Aloe Vera Gel Market Forecast #Aloe Vera Gel Market Report #Aloe Vera Gel Market Growth

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divya1234 · 3 months

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EntoPro: Revolutionizing Aqua Feeds with High-Quality Insect-Derived Protein

In the dynamic world of aquaculture, innovation is key to meeting the rising global demand for seafood while ensuring sustainability and nutritional adequacy. One groundbreaking development in this field is EntoPro, a high-quality insect-derived protein designed to revolutionize aqua feeds. This innovative product promises to address several challenges faced by the aquaculture industry, including sustainability, feed efficiency, and the nutritional health of aquatic species.

Sustainability and Environmental Impact

Traditional fish meal, a primary ingredient in aqua feeds, poses significant environmental concerns. Overfishing for fish meal production has led to the depletion of marine resources, disrupting ecosystems and biodiversity. EntoPro offers a sustainable alternative by utilizing insect protein, which is produced with a much smaller environmental footprint. Insects are highly efficient in converting organic waste into protein, reducing the need for wild-caught fish and lowering the overall carbon footprint of aquaculture operations.

Nutritional Superiority

EntoPro is not just environmentally friendly; it is also nutritionally superior. Insect protein is rich in essential amino acids, vitamins, and minerals, which are crucial for the growth and health of aquatic species. The balanced nutritional profile of EntoPro ensures that fish and shrimp receive all the necessary nutrients for optimal development, enhancing their growth rates and overall health. Additionally, the high digestibility of insect protein means that aquaculture species can more efficiently absorb and utilize these nutrients, leading to better feed conversion ratios.

Enhanced Feed Efficiency

Feed efficiency is a critical factor in aquaculture, directly impacting production costs and sustainability. EntoPro's high-quality insect-derived protein improves feed efficiency by providing a highly digestible and nutrient-rich feed source. This efficiency translates into faster growth rates and healthier aquatic species, reducing the time required for them to reach market size. As a result, aquaculture producers can achieve higher yields and profitability while minimizing the environmental impact of their operations.

Health Benefits for Aquatic Species

The inclusion of EntoPro in aqua feeds also offers significant health benefits for fish and shrimp. Insect protein contains bioactive compounds that can enhance the immune system of aquatic species, making them more resilient to diseases and infections. This improved immunity reduces the need for antibiotics and other chemical treatments, promoting healthier and more sustainable aquaculture practices. Moreover, the presence of chitin in insect exoskeletons has been shown to have prebiotic effects, supporting gut health and improving nutrient absorption.

Economic Viability

While sustainability and nutritional benefits are crucial, economic viability is also a key consideration for aquaculture producers. EntoPro provides a cost-effective protein source that can help reduce feed costs without compromising on quality. The scalability of insect farming, combined with its low resource requirements, makes EntoPro an economically attractive option for the aquaculture industry.

For more information visit us:

#entopro #aqua feed supplement

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biopharmaceuticalindustry · 3 months

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The Regulatory Landscape for Nutraceuticals: Striking a balance between innovation and safety

With time, nutraceuticals are becoming increasingly demanding in the global as well as Indian markets. According to Grand View Research, the India nutraceuticals market size is projected to grow at a CAGR of 13.5% from 2024 to 2030. The dietary supplements market in India is expected to reach USD 10,198.57 million by 2026 which is a 22% growth rate year on year.

In the 21st century, nutraceuticals have played a pivotal role in addressing major health challenges and as society increasingly prioritizes health and wellness, the food industry has shifted its focus towards extensive research and development. The realm of nutraceuticals encompasses a diverse array of products bridging the benefits of both food and medicine, spanning dietary supplements, functional foods, and beverages. In India, these products undergo rigorous oversight from governmental bodies such as the Food Safety and Standards Authority of India (FSSAI), the Ministry of Health and Family Welfare (MoHFW), and the Department of Ayurveda, Yoga, Unani, Siddha, and Homoeopathy (AYUSH). These entities diligently monitor the safety and efficacy of nutraceuticals, underscoring the critical importance of regulatory supervision in safeguarding consumer well-being. However, ensuring the safety and efficacy of these products at all levels while fostering innovation poses a significant challenge for regulatory authorities.

Navigating the Challenges in the Intersection of Food and Pharmaceuticals

Defining & Classifying Nutraceuticals: Navigating the landscape of nutraceuticals presents a significant challenge due to the inherent ambiguity surrounding their classification. These products defy easy categorization as they seamlessly blend elements of conventional foods with pharmaceutical attributes. This unique fusion not only complicates their definition but also underscores the necessity for precise categorization.

Establishing clear and accurate definitions is not merely an academic exercise; it is fundamental to the effective regulation and oversight of nutraceutical products. Without a standardized understanding of what qualifies as a nutraceutical, regulatory bodies may struggle to enforce appropriate guidelines, leaving consumers vulnerable to misinformation and potentially harmful products.

Ingredient Approval: The incorporation of bioactive compounds in nutraceutical formulations adds layers of complexity to the approval process. Regulatory bodies undertake extensive scrutiny to evaluate the safety and efficacy of these ingredients, considering factors such as dosage, potential interactions, and long-term effects on consumer health.

Furthermore, as scientific knowledge advances and new research emerges, regulatory frameworks must remain dynamic and adaptable. Continuous reassessment and updates to approval criteria enable regulatory authorities to incorporate the latest evidence and address emerging concerns, thereby enhancing consumer protection and public health outcomes.

Labeling and Claims Regulation: Ensuring accurate and transparent labeling is paramount in providing consumers with essential information regarding the composition and potential benefits of nutraceutical products. Regulatory bodies play a pivotal role in enforcing guidelines to govern the types of claims that can be made, thereby preventing the dissemination of misleading information to consumers.

Additionally, effective labeling and claims regulation contribute to the broader goal of promoting public health by mitigating the risk of deceptive marketing practices. By holding manufacturers accountable for the accuracy and substantiation of their product claims, regulatory bodies safeguard consumer interests and uphold standards of transparency and integrity within the nutraceutical industry.

Quality Control and Good Manufacturing Practices(GMP): The implementation of rigorous quality control measures and adherence to Good Manufacturing Practices (GMP) standards are indispensable for upholding the consistency, purity, and safety of nutraceuticals. According to a report by the Global Organization for EPA and DHA Omega-3s (GOED), adherence to GMP standards ensures that nutraceutical products meet stringent criteria for quality and efficacy.

This comprehensive approach encompasses every stage of the production process, from the meticulous sourcing of ingredients to the precise execution of manufacturing processes and thorough product testing protocols. Furthermore, adherence to GMP standards instills consumer confidence by signaling a commitment to product integrity and regulatory compliance. Manufacturers that prioritize GMP adherence not only mitigate the risk of contamination or adulteration but also demonstrate a dedication to producing safe and effective nutraceuticals.

Read more: https://www.pharmafocusasia.com/articles/regulatory-landscape-for-nutraceuticals

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#Nutraceuticals #Quality Control #pharmaindustry

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globalexcoriation · 4 months

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yimarcgroup · 4 months

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Fish Oil Market Size, Trends, Demand And Report 2024-2032

The global fish oil market size reached US$ 2.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.61% during 2024-2032. Apart from this, the expanding pharmaceutical sector is also bolstering the demand for bioactive ingredients, such as fish oil, that contains a high amount of Docosahexaenoic acid (DHA) and Eicosapentaenoic acid (EPA).

#fishoilmarket #marketforecast #markettrends #business #imarcgroup

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rupalic · 29 days

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Nutraceutical Ingredients Market Size, Growth Opportunities, Current and Future Trends and Industry Forecast

The nutraceutical ingredients market encompasses bioactive compounds that provide health benefits beyond basic nutrition. These ingredients are used in functional foods, beverages, dietary supplements, and personal care products. The global nutraceutical ingredients market sizevalued at USD 105.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 136.1 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 5.3% during the forecast period.

Key Nutraceutical Ingredients Market Growth Drivers

Aging Population: The global aging population is more prone to chronic diseases and is seeking preventive healthcare solutions, leading to increased consumption of nutraceutical products.

Demand for Functional Foods and Beverages: There is a growing trend of incorporating nutraceutical ingredients into functional foods and beverages, providing added value and health benefits.

Technological Advancements: Innovations in extraction and formulation technologies have enhanced the bioavailability and efficacy of nutraceutical ingredients, driving market growth.

The Rising Demand for Nutraceuticals: How Preventive Healthcare is Shaping Consumer Choices

Make an Inquiry to Address your Specific Business Needs

The Dominance of Food Applications in the Nutraceutical Ingredients Industry

Know about the assumptions considered for the study

Europe’s Nutraceutical Ingredients Market Set for Significant Growth

Proteins, By Type, Accounted for the Highest Nutraceutical Ingredients Market Share

Top Nutraceutical Ingredients Companies

Cargill, Incorporated (US)

ADM (US)

International Flavors & Fragrances Inc. (US)

BASF SE (Germany)

Arla Foods amba (Denmark)

Associated British Foods plc (UK

Ingredion (US)

Tate & Lyle (UK)

Ajinomoto Co., Inc. (Japan)

Chr. Hansen A/S (Denmark)

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fairfield-research · 4 months

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Commercial Seaweed Market Growth, Trends, Size, Share, Demand And Top Growing Companies 2031

The commercial seaweed market is experiencing unprecedented growth. With a threefold increase in plant-based food consumption in recent years, health-conscious consumers are driving the demand for vegan products, thus propelling the consumption of plant-derived foods to new heights.

Seaweed, with its unique nutritional profile and versatile applications, has emerged as a key player in this movement, offering consumers a sustainable and nutrient-rich alternative. Currently, approximately 80% of globally produced seaweed is directly consumed by humans, while the remaining 20% finds its way into various industries, particularly in food and pharmaceutical sectors.

For more information: https://www.fairfieldmarketresearch.com/report/commercial-seaweed-market

Seaweed: The Powerhouse Ingredient

Rich in protein, antioxidants, amino acids, and a plethora of essential minerals and vitamins, seaweed offers a wide array of health benefits. Its high content of iron, magnesium, potassium, iodine, and other vital nutrients has earned it the title of the "Medical Food of the 21st Century." Seaweed's nutritional density, coupled with its natural bioactive compounds, has positioned it as a sought-after ingredient in both food and pharmaceutical applications.

Expanding Applications Across Industries

Seaweed's remarkable properties extend beyond the realms of nutrition. In industries such as cosmetics, fertilizers, and animal feed, seaweed is valued for its myriad of beneficial properties. From serving as a natural thickening and gelling agent in food products to being utilized in bone-replacement therapy and cancer treatment in pharmaceuticals, seaweed's versatility knows no bounds.

A Growing Palate: Seaweed in the Culinary World

The culinary landscape is also undergoing a seaweed revolution. Historically a staple in Asian cuisine, seaweed is now making its way onto the plates of restaurants and supermarkets across Europe and America. Innovative ventures like Dutch Weedburger in Amsterdam are leading the charge, offering plant-based alternatives infused with the goodness of seaweed. As consumer preferences shift towards plant-based options, the demand for seaweed-infused food products is poised to soar.

Environmental Impact and Sustainable Farming

Beyond its nutritional and commercial value, seaweed plays a crucial role in environmental sustainability. Recognized for its ability to absorb carbon dioxide and produce oxygen, seaweed cultivation has garnered attention from regulatory authorities as a potential solution to combat global warming. Government subsidies for sustainable seaweed farming further bolster the market growth, aligning with global efforts to promote eco-friendly practices.

Market Segmentation and Regional Outlook

The global commercial seaweed market is segmented based on source, application, form, and region. Red seaweed, known for its extensive use in industries, dominates the market, driven by the demand for agar and carrageenan. The food and pharmaceutical segments are anticipated to hold significant shares, fueled by the growing preference for plant-based diets and natural health supplements.

While Asia Pacific remains the epicenter of seaweed consumption, with countries like Japan, China, and South Korea leading the production, Europe is emerging as a promising market. The rise of veganism, coupled with increasing awareness of environmental issues, is driving the adoption of seaweed-based products across the continent.

Key Players and Future Outlook

Leading players in the commercial seaweed market, including DuPont de Nemours, Inc., Cargill Incorporated, CP Kelco, and others, are at the forefront of innovation, harnessing the potential of seaweed across various industries. Incorporating seaweed-derived ingredients in dairy, meat, and beverage products, these companies are poised to capitalize on the burgeoning demand for plant-based alternatives.

#commercial seaweed market

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vipinmishra · 5 months

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Algaculture Market Dynamics: Impact of Growing Demand in Animal Feed Sector

Demand for algae in animal feed industry and advancements in algaculture technologies is expected to drive the Global Algaculture Market growth in the forecast period, 2024-2028.

According to TechSci Research report, “Algaculture Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Algaculture Market is anticipated to grow with a CAGR of 6.23% in the forecast period, 2024-2028. The Global Algaculture Market is primarily driven by several key factors. First, the increasing demand for algae in the production of biofuels and the rising awareness of its health benefits are significant drivers. Second, the growing utilization of algae in wastewater treatment due to its absorbent properties also enhances market growth.’ Technological advancements in algae harvesting, coupled with the rising interest in alternative protein sources, further propel the market growth.

The global algaculture market, which refers to the farming of algae, is experiencing a significant surge in growth. Algae, known for its high versatility and sustainability, finds applications in numerous industries, including food and beverages, pharmaceuticals, biofuels, cosmetics, and more. Its unique properties, such as its ability to efficiently convert sunlight and carbon dioxide into biofuels through photosynthesis, make it a valuable resource in addressing various environmental challenges. In the food and beverage industry, algae is being explored as a nutritious and sustainable ingredient.

With its rich nutritional profile, including high protein content and essential fatty acids, algae-based products offer a promising alternative to traditional food sources. Moreover, the cultivation of algae requires significantly less land and water compared to conventional agriculture, making it a more sustainable option. This not only provides an opportunity for new and innovative food products but also contributes to a greener and more sustainable food system.

In the pharmaceutical field, researchers are investigating the potential of algae-derived compounds for the development of new drugs and therapies. Algae contain a wide range of bioactive compounds, including antioxidants and anti-inflammatory agents, which have shown promising results in various studies. This opens up new avenues for the discovery of novel treatments and the improvement of existing ones, leading to advancements in healthcare and better patient outcomes.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Algaculture Market.” https://www.techsciresearch.com/report/algaculture-market/8234.html

Biofuels derived from algae are gaining attention as a renewable and sustainable energy source. Algae can efficiently convert sunlight and carbon dioxide into biofuels, such as biodiesel and bioethanol, through the process of photosynthesis. This renewable energy solution has the potential to reduce greenhouse gas emissions and dependence on fossil fuels, contributing to a greener and more sustainable future. Additionally, ongoing research and development in the field of algal biofuels are focused on improving the efficiency and scalability of production processes, making it a viable and economically feasible energy solution.

Furthermore, the applications of algae extend beyond traditional industries. Advances in biotechnology have enabled the exploration of algae's potential in wastewater treatment, where it can help remove pollutants and purify water. Algae's natural ability to absorb nutrients and contaminants makes it an effective tool in water remediation efforts. Additionally, algae can play a role in carbon capture and sequestration, helping to mitigate the effects of climate change by absorbing carbon dioxide from the atmosphere. By harnessing the power of algae, we can create a more sustainable and balanced ecosystem.

Moreover, researchers are investigating the use of algae in the production of biodegradable plastics, offering a sustainable alternative to traditional plastic materials. Algae-based bioplastics have the potential to reduce the environmental impact of plastic waste, as they can degrade naturally without causing harm to the environment. This innovation holds promise for a more circular economy and a reduction in plastic pollution. With increasing environmental concerns and a growing emphasis on sustainable practices, there is a rising demand for algae products worldwide.

The continuous advancements in biotechnology and the exploration of algae's unique properties are unlocking new possibilities for innovative uses. As the market expands, algae emerge as a key player in the pursuit of a greener and more sustainable future, with its potential to revolutionize various industries and contribute to a more harmonious relationship between humans and the environment. The Global Algaculture Market is segmented into type of algae, technique, application, regional distribution, and company.

Based on type of algae, Microalgae is dominating the global algaculture market thanks to its remarkable characteristics. With its easy and rapid growth, microalgae thrives in diverse environments, making it a highly adaptable organism. Not only that, but it is also exceptionally rich in proteins, omega-3 fatty acids, and antioxidants, making it a valuable resource for various industries. Microalgae serves as a sustainable, high-yield biomass, catering to industries ranging from food and feed to cosmetics, pharmaceuticals, and biofuels. Its versatility and nutritional profile make it an attractive ingredient for the food industry, while its potential for producing biofuels offers a sustainable alternative to fossil fuels.

Moreover, microalgae plays a crucial role in environmental conservation. Its ability to capture carbon dioxide from the atmosphere makes it a promising solution for mitigating greenhouse gas emissions. Additionally, microalgae shows significant potential in wastewater treatment, helping to purify water resources and promote environmental sustainability. With its multi-sectoral utility and environmental benefits, microalgae stands as a frontrunner in the global algaculture market, offering a sustainable and versatile solution for various industries while contributing to the preservation of our planet.

Based on region, The Asia Pacific region is currently dominating the Global Algaculture Market primarily due to its strategic geographical location and favorable climatic conditions. The region is surrounded by several water bodies, which provide an ideal environment for algae production. Furthermore, the high population density in this region offers an enormous consumer base for algal products, ranging from food to cosmetics and pharmaceuticals. Additionally, the region boasts of support from the government in terms of policies and subsidies that encourage the growth of the algaculture industry. Technological advancements and increased investment in research and development in these countries have also contributed to Asia Pacific's dominance in the Global Algaculture Market.

Major companies operating in Global Algaculture Market are:

Marigan Holding B.V.

Prolgae Spirulina Supplies Pvt. Ltd.

Swedish Algae Factory Ab

Monzon Biotech S.L.

Algatech Ltd.

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“The future of the global algaculture market looks highly promising, fueled by the rapidly growing demand for algae products in various industries, including food and beverage, pharmaceutical, and cosmetic. This surge in demand can be attributed to the remarkable nutritional value and natural properties of algae. Moreover, the continuous advancements in biotechnology and genetic engineering are expected to play a pivotal role in driving the production of algae, thus further propelling the growth of the market.

Furthermore, the increasing awareness about the numerous environmental benefits associated with algae cultivation is anticipated to significantly boost the adoption of algaculture. Algae not only have the potential to sequester carbon, but they also contribute to effective wastewater treatment. These eco-friendly aspects highlight the immense potential of algaculture as a sustainable and environmentally conscious industry. Considering these factors, the algaculture market is poised for substantial growth in the foreseeable future, offering exciting opportunities for businesses and investors alike.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Algaculture Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type of Algae (Microalgae and Macroalgae), By Technique (Monoculture, Mixed Culture, Serial Dilution, Others), By Application (Fertilizers, Feed, Food Colouring, Pharmaceuticals, Others), By Region and Competition”, has evaluated the future growth potential of Global Algaculture Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Algaculture Market.

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articleeee · 5 months

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Moringa Extract Market by Size, Share, Forecast, & Trends Analysis

Meticulous Research®— leading global market research company, published a research report titled, ‘Moringa Extract Market by Type (Moringa Leaf Extract, Moringa Seed Extract, Moringa Bark Extract, Moringa Root Extract), Form (Powder, Liquid), Application (Food & Beverage, Cosmetics & Personal Care, Pharmaceuticals), and Geography - Global Forecast to 2031.’

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According to this latest publication from Meticulous Research®, the Global Moringa Extract market is projected to reach $10.65 billion by 2031, at a CAGR of 9.8% during the forecast period 2024–2031. The growth of this market is being propelled by factors such as the growing demand for natural & plant-based supplements, increasing health and wellness among consumers, and rising demand for natural and organic ingredients. However, the limited awareness about the benefits and uses of moringa extract and the lack of regulation and quality standards for moringa extract are factors restraining the growth of this market to some extent. The growing interest in moringa extract as a functional ingredient in the food and beverage industry is expected to generate market growth opportunities for the key players operating in this market. Furthermore, rising consumer preference for superfoods is a major trend in the moringa extract market.

Key Players

Some of the key players operating in the global moringa extract market are Medikonda Agro Farms Private Limited (India), Taiyo GmbH (Germany), Sabinsa Corporation (India), Botanic Healthcare Group (India), Phyto Life Sciences Private Limited (India), S.A. Herbal Bioactives LLP (India), Allpure Organics (India), Alpspure Lifesciences Private Limited (India), Himalayan Herbaria Inc. (India), Hunan New Mstar Biotechnology Co., Ltd. (China), Vedaoils Private Limited (India), and Victoriafalls Ingredients Pvt. Ltd (India).

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The global moringa extract market is segmented based on type (moringa leaf extract, moringa seed extract, moringa bark extract, and moringa root extract), by form (powder and liquid), by application (dietary supplements, food & beverage, cosmetics & personal care, pharmaceuticals, and other applications), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on type, the global moringa extract market is segmented into moringa leaf extract, moringa seed extract, moringa bark extract, and moringa root extract. In 2024, the moringa leaf extract segment is expected to account for the larger share of the global moringa extract market. The large market share of this segment is attributed to factors such as easy and abundant availability of raw materials and growing demand for moringa leaf extracts in various industries, including dietary supplements, pharmaceuticals, cosmetics, and food and beverages. Moreover, rising awareness about the nutritional and health benefits of moringa leaf extracts, as it is rich in vitamins, minerals, and antioxidants, and the inclination of consumers towards natural and organic food products to maintain health and fitness are further expected to drive the demand for moringa leaf extract across the globe.

Read latest news here: https://www.globenewswire.com/news-release/2024/01/19/2812313/0/en/Moringa-Extract-Market-Set-to-Reach-3-4-Billion-by-2030-with-Robust-15-6-Annual-Growth-as-per-Persistence-Market-Research.html?utm_source=article&utm_medium=social+&utm_campaign=product&utm_content=19-04-2024

Based on form, the global moringa extract market is segmented into powder and liquid. The powder segment is expected to register a higher CAGR during the forecast period of 2024–2031 due to growing applications in the food and beverage industry, such as smoothies, baking, snacks, and others. Powdered moringa extract can be easily incorporated into various food and beverage products, making it convenient for manufacturers to include it in their offerings. In addition, it is easy to transport and store compared to the liquid form, further driving its popularity among several product manufacturers.

Based on application, the global moringa extract market is segmented into dietary supplements, food & beverage, cosmetics & personal care, pharmaceuticals, and other applications. In 2024, the dietary supplements segment is expected to account for the largest share of the global moringa extract market. The large market share of this segment is attributed to the growing global dietary supplements industry and increasing demand for natural and plant-based ingredients in the dietary supplements industry. Moreover, rising consumer awareness regarding the benefits of moringa-based supplements, increasing consumer focus on health and wellbeing, and increasing focus on preventive healthcare is further expected to drive the growth of the moringa extract market for dietary supplements.

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market-insider · 6 months

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Bioactive Ingredients: A Deep Dive into Growth Factors and Competitive Strategies

The global bioactive ingredients market size is expected to reach USD 317.90 billion by 2030, registering a CAGR of 7.9% over the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by the increasing demand for functional food and beverages owing to increasing awareness among people regarding healthy living. Furthermore, the increasing use of beauty care products owing to rising disposable income and improving the standard of living is fueling the product demand. Bioactive ingredients are a set of essential substances produced by natural sources, such as plants and animals, as they are not synthesized by the human body. There are two types of ingredients, namely, essential and non-essential.

Bioactive Ingredients Market Report Highlights

The omega 3 PUFA segment is estimated to have the fastest CAGR from 2023 to 2030 owing to their high vitamin, protein, and mineral content and application in the treatment of diseases, such as cancer, asthma, and depression

The omega-3 fatty acids help lower the risk of abnormal heartbeats or arrhythmias. Furthermore, it helps lower triglyceride levels & blood pressure and slow atherosclerotic plaque growth

The dietary supplements application segment will witness the highest growth rate from 2023 to 2030 due to the increasing awareness regarding the benefits of dietary supplements

Asia Pacific is expected to witness the fastest CAGR over the forecast period due to the growing aging population and high demand for functional foods & drinks and dietary supplements

The market is highly competitive due to the presence of a large number of manufacturing companies

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The unconsumed parts of fruits and vegetables contain essential nutrients, which are extracted and further used by food and pharmaceutical manufacturers for the production of functional foods and medicines. The industry offers growth opportunities to manufacturers owing to increasing product usage in dietary supplements. Moreover, the product is extensively used in the development of personal care products, such as shampoos, soaps, and moisturizers. Bioactive ingredients, such as carotenoids, flavonoids, and polyphenols, protect the skin from negative environmental effects, such as pollution. These ingredients also act as antiaging, anti-wrinkling, and whitening agents, as well as offer UV protection.

Asia Pacific is expected to drive the product demand in food products owing to the rising consumer disposable income, rapid globalization, and changing lifestyle in the region. Moreover, growing awareness among consumers in countries, such as China, India, Indonesia, Malaysia, and Japan, about the product benefits will spur its demand in the food & beverages sector. During the pandemic, functional food & beverage manufacturers reported colossal demand for food products that contain natural content. Consumers adopted healthy foods that provide extra nutritional benefits to strengthen immunity due to the rising COVID-19 cases. Thus, F&B manufacturers shifted their focus to the production of functional foods & beverages. This, In turn, augmented the product demand.

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