Bioactive ingredients, compounds found in foods, supplements, or medications, exert physiological effects on the body when consumed. They are pivotal in the pharmaceutical industry, facilitating the development of drugs for treating various diseases, such as cancer and cardiovascular conditions. These ingredients target specific biological pathways, offering effective and targeted treatments. Moreover, bioactive ingredients are increasingly integrated into nutraceuticals and functional foods, providing natural alternatives to promote health and well-being. Their versatility spans from pharmaceutical formulations to enhancing the nutritional value of everyday consumables.
Global Bioactive Ingredient Market size was valued at USD 44.02 billion in 2023 and is projected to reach USD 79.68 billion by 2031, with a CAGR of 7.70% during the forecast period of 2024-2031.
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Below are the Top Bioactive Ingredient Companies with a Significant Market Share:
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Rank
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Company
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Overview
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Product Portfolio
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Sales Geographical Coverage
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Developments
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1.
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DSM
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DSM is a global science-based company specializing in nutrition, health, and sustainable living. In the bioactive ingredient market, DSM offers a wide range of innovative solutions, including vitamins, carotenoids, and nutritional lipids, catering to various industries such as pharmaceuticals, food and beverages, and dietary supplements.
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North America, Latin America, Europe, Asia-Pacific
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In October 2020, DSM company announced its acquisition of Erber Group’s Biomin and Romer Labs. Erber Group’s is for specialty animal nutrition and health business. Biomin specializes primarily in mycotoxin risk management and gut health performance management, whereas the Romer Labs business focuses on food and feed safety diagnostic solutions. Both expand DSM’s range of higher value-added specialty solutions. This acquisition further strengthens DSM’s expertise and reputation as a leading provider of animal health and nutrition solutions for farm productivity and sustainability.
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2.
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BASF SE
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BASF is a leading chemical company with a diverse portfolio spanning chemicals, materials, and solutions. In the bioactive ingredient market, BASF provides a range of ingredients for the nutrition and health sector, including omega-3 fatty acids, plant sterols, and antioxidants, contributing to applications in functional foods, dietary supplements, and pharmaceuticals.
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Americas, Europe, Asia-Pacific, and Middle East and Africa
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In December 2020, BASF SE and Adifo Software collaborated on feed formulation optimization to enable more sustainable animal protein production. This partnership was formed to extend the feed formulation in all locations.
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3.
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Kerry Group plc.
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Kerry Group is a global leader in taste and nutrition solutions, offering innovative ingredients and flavor technologies. In the bioactive ingredient market, Kerry provides a range of bioactive compounds and functional ingredients tailored for the food, beverage, and pharmaceutical industries, focusing on enhancing health and wellness benefits in consumer products.
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North America, Latin America, Asia-Pacific, Europe, and Middle East and Africa
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In June 2021, Kerry hosted a webinar on mastering taste in plant-based foods featuring expert line-up speakers. It focussed on taste solutions for plant-based food products. The update has helped the company to create awareness about plant nutrition among common people.
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4.
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DuPont
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DuPont is a multinational conglomerate with interests in various sectors, including nutrition and biosciences. In the bioactive ingredient market, DuPont offers a diverse portfolio of ingredients such as probiotics, enzymes, and specialty proteins, supporting applications in dietary supplements, functional foods, and pharmaceutical formulations aimed at improving human health and well-being.
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Americas, Europe, Asia-Pacific, and Middle East and Africa
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In January 2021, DuPont Nutrition & Biosciences’ newly launched supplement ingredients portfolio will feature high-quality and efficacious formulations. The implementation was intended to assist supplement producers in diversifying their goods and staying current with customer preferences.
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5.
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ADM
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ADM is a global leader in agricultural processing and food ingredient solutions. In the bioactive ingredient market, ADM supplies a range of ingredients derived from agricultural commodities, including plant extracts, fibers, and specialty proteins, catering to diverse applications in food, beverage, and nutraceutical industries, addressing consumer demand for natural and functional ingredients.
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Asia-Pacific, South America, North America, and Middle East and Africa
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In September 2020, ADM company announced the launch of Arcon T textured proteins, Prolite MeatTEX textured wheat protein, and Prolite MeatXT non-textured wheat protein. These highly-functional protein solutions improve the texture and density of meat alternatives and are particularly useful for achieving consumer-preferred, meat-type texture. This update has helped the company to increase its product portfolio and its revenue.
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Conclusion
In the growing bioactive ingredient market, key players such as DSM, BASF SE, Kerry Group plc., DuPont, and ADM are pivotal in driving innovation and supplying essential ingredients across various industries. With a focus on nutrition, health, and sustainability, these companies offer a diverse array of bioactive compounds and functional ingredients, catering to pharmaceuticals, food and beverages, and dietary supplements. Their contributions play a crucial role in meeting consumer demand for natural, effective, and sustainable solutions, ultimately shaping the future landscape of health and wellness products worldwide.
