Global Phytonutrient Ingredients in Food Market – Industry Trends and Forecast to 2028

Market Analysis and Insights : Global Phytonutrient Ingredients in Food Market

Phytonutrient ingredients in food market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 6.13 billion and grow at a CAGR of 6.90% in the above-mentioned forecast period. Rising population in some parts of the world drives the phytonutrient ingredients in food market.

Phytonutrients are defined as the health benefits of nutrients or certain compounds available in plants. Phytonutrients found in plants are developed to protect plants from harmful environmental changes. Due to the fact that the use of phytonutrients is very healthy, its popularity is growing worldwide. In industries that produce fortified foods or foods, there is a huge demand for phytonutrients. Legumes, grains, vegetables, nuts, and fruits are great sources of phytonutrients.

Rising diversified food demand is a vital factor escalating the market growth, also growing middle-class population, rising health benefits of phytonutrients, rising demand for milk  and meat products, rising demand for phytonutrient rich products all over the globe due to increasing awareness for health and wellness among older and younger population, rising nutritional supplement and dietetic demand in the U.S. and Canada and rising pharmaceutical, food & beverage and nutraceutical industry are the major factors among others driving the phytonutrient ingredients in food market briskly. Moreover, rising research and development activities and increasing modernization in the new products offered in the market, rising demand of phytonutrients in feed and cosmetics industries and increasing modernization and technological advancements in the production techniques will further create new opportunities for the phytonutrient ingredients in food market in the forecast period of 2021- 2028.

However, rising absence of techniques to measure quality standards of phytonutrients and its supplements is the major factor among others acting as restraints, and will further challenge the phytonutrient ingredients in food market in the forecast period.

Phytonutrient ingredients in food market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 phytonutrient ingredients in food market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Phytonutrient Ingredients in Food Market Scope and Market Size

Phytonutrient ingredients in food market is segmented on the basis of type and source. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.

• On the basis of type, phytonutrient ingredients in food market is segmented into carotenoids, phytosterols, flavonoids, phenolic compounds and vitamin E.
• The phytonutrient ingredients in food market is also segmented on the basis of source into herbs & trees, fruits & vegetables, and cereals and pulses & oilseeds.

Phytonutrient Ingredients in Food Market Country Level Analysis

Phytonutrient ingredients in food market is analysed and market size insights and trends are provided by country, packaging type and distribution channel as referenced above.

The countries covered in phytonutrient ingredients in food market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, 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).

Europe dominates the phytonutrient ingredients in food market due to rising number of health-conscious population, growing middle-class population, rising health benefits of phytonutrients, rising demand for milk and meat products and rising nutritional supplement and dietetic demand in this region. North America is the expected region in terms of growth in phytonutrient ingredients in food market due to growing awareness of towards the benefits of phytonutrients and rising research and development activities and increasing modernization in the new products offered in the market in this region.

The country section of the phytonutrient ingredients in food market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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.

Phytonutrient Ingredients in Food Market Share Analysis

Phytonutrient ingredients in food market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to phytonutrient ingredients in food market.

The major players covered in the phytonutrient ingredients in food market report are BASF SE, DSM, FMC Corporation, Pharmachem Laboratories, Inc., Cargill, Incorporated, ADM, Chr. Hansen Holding A/S, Cyanotech Corporation., Kemin Industries, Inc. and its group of companies, William Reed Business Media Ltd, Allied Biotech Corporation and Bursa Malaysia Berhad other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.

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