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Bioactive ingredients in foods are those that are not required to sustain life, but still, have an effect on the organism. They can cause numerous effects in the body such as stimulation, anxiety, or intoxication. Bioactive compounds may naturally occur, such as the fatty acids in milk, or are produced in a certain environment, such as the controlled fermentation of vegetable matter to produce alcohol. The most commonly known bioactive ingredients include prebiotics & amino acids, vitamins & minerals, carotenoids & antioxidant, phytochemical & plant extracts, peptides & proteins, and others.
Growing popularity of bioactive ingredients in animal nutrition, as well as cosmetic industry, is propelling the growth of the market. However, the major challenge faced in this market is the protection of bioactive compounds during food processing. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 6.1% of bioactive ingredients market during the forecast period, 2017-2023.
Downstream analysis:
Bioactive ingredients market is segmented on the basis of type, which includes prebiotics & amino acids, vitamins & minerals, carotenoids & antioxidant, phytochemical & plant extracts, peptides & proteins, and others. Among all, the phytochemical & plant extract segment is witnessed to be growing substantially over the forecast period. Moreover, the vitamins & minerals segment is anticipated to have a steady growth based on growing consumption in cosmetic industry over the estimated period.
On the basis of the source, the bioactive ingredients market is segmented into the plant, animal, and other sources. Among them, the plant segment is projected to be leading the market share followed by the animal segment.
Competitive analysis:
The major players in bioactive ingredients market
Cargill Inc. (U.S.)
Archer Daniels Midland Company (U.S.)
Koninklijke DSM N.V. (The Netherlands)
AJINOMOTO CO. INC (Japan)
Ingredion Incorporated (U.S.)
FMC Corporation (U.S.)
Arla Foods (Denmark)
Asia Pacific is witnessed to gain a potential growth over the forecast period owing to increasing consumer awareness and high inclination towards healthy products. Moreover, the growth of functional foods and beverages in this region is a supportive factor for the growth of bioactive ingredients market. Moreover, technological advancement will surge the growth of bioactive ingredients in the rest of the world among which Brazil is projected to be the main contributor.
Complete Report Details @ https://www.marketresearchfuture.com/reports/bioactive-ingredients-market-5371
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