Data Bridge Market research has recently released expansive research titled "Global Phytonutrient Ingredients Market" guarantees you will remain better informed than your competition. This study provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. Phytonutrient Ingredients market research report is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles. In addition, businesses can gain insights into profit growth and sustainability programme with this report. Business intelligence is an essential aspect when it comes to accomplish thorough and wide-ranging market insights and the same is applied for producing Phytonutrient Ingredients market report.
Data Bridge Market Research analyses that the phytonutrient ingredients market was valued at USD 5.00 billion in 2021 and is expected to reach the value of USD 9.25 billion by 2029, at a CAGR of 8.00% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Market Definition
Plants contain biologically active compounds known as phytonutrients. These nutrients are beneficial to human health and can be obtained through a plant-based diet. Carotenoids, flavonoids, phenolic compounds, and vitamins are some of the most important phytonutrients. These nutrients have a variety of health benefits, including lower risk of chronic diseases, increased immunity, and protection against oxidative stress.
Phytonutrient Ingredients Market Scope and Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2014 - 2019) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
| Segments Covered | Type (Phenolic Compounds, Betalains, Monoterpenes, Lignans, Carotenoids, Flavonoids, Vitamin E, Alkaloids, and Anthocyanins), Application (Pharmaceuticals, Feed, Food & Beverages, and Cosmetics), Source (Herbs & Trees, Fruits & Vegetables, and Cereals, Pulses and Oilseeds), |
| Countries Covered | U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
| Market Players Covered | Givaudan (Switzerland), International Flavors & Fragrances Inc (U.S.), Symrise (Germany), Sensient Technologies Corporation (U.S.), Synthite Industries Ltd (India), Synergy Flavors Inc. (U.S.), Döhler Group (Germany), Indesso (Indonesia), Vidya Herbs (India), Nutra Green Biotechnology Co., Ltd. (China) BASF SE (Germany), Dohler GmbH (Germany), FMC Corporation (U.S.), Cyanotech Corporation (U.S.) |
| Opportunities |
|
Global Phytonutrient Ingredients Market Dynamics
Drivers
- Growing demand from the food and beverage industry due to its numerous health benefits
Phytonutrients are commonly used as a nutrient additive in bakery products, yoghurts, spreads, margarines, sausages, milk, and spicy sauces. Consumers' changing lifestyles and food habits are expected to increase demand for phytonutrient products. Phytonutrients' numerous health benefits, including anti-inflammatory, anti-viral, anti-bacterial, and anti-oxidant properties, also encourage their increased use. Changes in global consumer consumption patterns and rising disposable income are also expected to fuel the growth of the phytonutrients market.
- Growing application from the pharmaceutical industry
Plant extracts are widely used in the pharmaceutical industry due to their beneficial properties, which helps the market remain profitable. The antibacterial effect of phytonutrients, particularly for treating age-related disorders like memory loss, immune disorders, and osteoporosis, is contributing to an increase in demand for plant extract for medicine manufacturing. Furthermore, the increasing regulatory requirements for using plant extracts as phyto medicine are expected to provide lucrative market opportunities for the growth of the phytonutrient ingredients segment, which is expected to boost demand over the forecast period.
Opportunities
Technological advancements and improvements in the plant extraction process increase a company's production capability and allow it to extract various components from plants efficiently and at a low cost and effort, resulting in new market entrants and the expansion of existing market players' product lines. For instance, new technological advancements in cannabis extraction production methods were made in 2019. With the introduction of high-tech manufacturing equipment and chemical apparatus, the cannabis industry is able to move away from traditional extraction techniques and experiment with new and innovative approaches. This has allowed the introduction of new cannabis extracts to the market, such as oral tinctures, wax concentrates, and vape oils.
Restraints
The growth of the phytonutrients ingredients market may be hampered in the coming years due to the poor quality of raw materials used to produce phytonutrients. Furthermore, the standard quality determination technique for phytonutrients is insufficient, which may impede the growth of the global market during the forecast period. Inadequate phytonutrient supplements in regulating products may also have an impact on the growth of the phytonutrients ingredients Market Size.
This phytonutrient ingredients market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the phytonutrient ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2022, DSM Corporation launched HiPhoriusTM, a phytase solution. According to the company, the respective solution will assist poultry farm producers in achieving sustainable and profitable protein production. The company's main strategy for innovating HiPhoriusTM is to expand the company's business in different segments by expanding the company's product portfolio.
- In 2021, Cyanotech Corporation Company introduced new labels for its phytonutrient brands, BioAstin Hawaiian Astaxanthin and Hawaiian Spirulina Pacifica. According to the company, the strategy behind this new label launch is to differentiate the company's original product from third-party products on the market. The company's main strategy behind this movement is to offer original products to consumers, increasing brand loyalty among consumers and increasing company growth.
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Phytonutrient Ingredients Market, By Region:
The phytonutrient ingredients market is analysed and market size insights and trends are provided by country, type, source, and application as referenced above.
The countries covered in the phytonutrient ingredients market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Rising consumer health consciousness in the European region has resulted in increased market demand for phytonutrients. Pharmaceutical companies, cosmetics companies, and the food and beverage industries are likely to drive the demand for phytonutrients. As a result, manufacturers are actively investing in R&D to meet the growing demand.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Reasons to Consider This Report:
- Save the time and resources required for entry level research by getting an insight into the leading players and segments of global Phytonutrient Ingredients market.
- The report highlights key business priorities which will help companies to reform their business strategies and establish themselves in the global market.
- The key findings and recommendations given in the report emphasize on crucial progressive industry trends in the Phytonutrient Ingredients Market thereby enabling players to develop effective long term strategies in order to garner their market revenue.
- Gain crucial insights into global market trends and outlook and the factors driving and hindering market growth.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Queries Resolved In This Report:
- Which will be the specialties at which Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set a nearness?
- Which will be the foreseen development rates for your own economy out and out and furthermore for each portion inside?
- Which will be the application and sorts and estimate joined intently by makers?
- What will be the dangers that will attack growth?
- The length of the global market opportunity?
- How does Market share advance vacillations their value from various assembling brands?
Table of Contents: Global Phytonutrient Ingredients Market
Introduction
Market Segmentation
Executive Summary
Premium Insight
Market Overview
Covid-19 Impact on Phytonutrient Ingredientsin Healthcare Industry
Global Phytonutrient Ingredients Market, by Product Type
Global Phytonutrient Ingredients Market, by Modality
Global Phytonutrient Ingredients Market, by Type
Global Phytonutrient Ingredients Market, by Mode
Global Phytonutrient Ingredients Market, by End User
Global Phytonutrient Ingredients Market, by Geography
Global Phytonutrient Ingredients Market, Company Landscape
Swot Analysis
Company Profiles
Questionnaire
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Check Complete Table of Contents with List of Table and Figures @ https://www.databridgemarketresearch.com/toc/?dbmr=global-phytonutrient-ingredients-market
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