Nutraceutical ingredients are bioactive compounds found in foods, beverages, and dietary supplements that are believed to have potential health benefits beyond basic nutrition. The term "nutraceutical" is a combination of "nutrition" and "pharmaceutical," suggesting that these ingredients have properties that bridge the gap between nutrition and medicine. Nutraceuticals are often promoted for their ability to prevent or manage various health conditions.

Nutraceutical ingredients market is estimated at USD 185.2 billion in 2022; it is projected to grow at a CAGR of 7.2% to reach USD 261.7 billion by 2027.

The probiotics nutraceutical product by type is projected to have the highest market share in terms of value in nutraceutical ingredient market throughout the forecast period.

Probiotics products provide several health benefits, which makes them one of the popular nutraceutical ingredients. Opportunity for innovations of new product with functional and nutritional benefits have raised the growth of probiotics nutraceutical ingredients market. Hence, their market is estimated to observe growth in nutraceutical ingredient market in the near future.

The Food segments by application is projected to have the highest market share in the global nutraceutical ingredient market.

Research & development on nutraceutical product have been improving innovative products and developing customized products according to the consumer requirements. Products with customized requirement and trending food products would attract more customers. Various companies have understated their customers’ needs and have developed nutraceutical products like gummies, lozenges, hard candies, malt powders, nutrient bars, and more. These products are customized according to the health benefit, according to their diet, and more. Hence, their market is estimated to gain more market share in the nutraceutical ingredient market.

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Examples of nutraceutical ingredients include:

• Vitamins and Minerals: Essential nutrients like vitamins (e.g., vitamin C, vitamin D) and minerals (e.g., calcium, magnesium) play crucial roles in maintaining various bodily functions and promoting overall health.
• Omega-3 Fatty Acids: Found in fatty fish like salmon, omega-3 fatty acids are known for their potential cardiovascular benefits, including reducing inflammation and improving heart health.
• Antioxidants: These compounds, such as vitamin E, vitamin C, and selenium, help protect cells from damage caused by free radicals, which are unstable molecules that can contribute to chronic diseases and aging.
• Probiotics and Prebiotics: Probiotics are live beneficial bacteria that support gut health and digestion, while prebiotics are fibers that nourish these bacteria. They are often consumed to promote a healthy gut microbiome.
• Herbal Extracts: Various plant-derived compounds are believed to have health benefits. For instance, turmeric contains curcumin, which has anti-inflammatory properties, and green tea contains catechins that are believed to have antioxidant effects.
• Fiber: Dietary fiber is important for digestive health, and certain types of fiber, such as soluble fiber, can also help lower cholesterol levels.
• Amino Acids: These are the building blocks of proteins. Some amino acids, like branched-chain amino acids (BCAAs), are used by athletes and bodybuilders to support muscle growth and recovery.

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APAC is projected to account for the highest market share in the nutraceutical ingredients market during the forecast period.

The increased economic growth of the countries in the region and the rise in convenience food consumption due to busy lifestyles have fueled the demand for enriched nutritional food and beverage products in this region. Additionally, rising consumer expenditure on health and wellness products as a result of changing lifestyles and rising disposable income is likely to be major factor contributing to market growth in the Middle East & Africa and the Asia Pacific.