Global Bioactive Ingredients Market - 2021-2028
|出版日期||內容資訊||英文 180 Pages
|生理活性物質的全球市場 (2020-2027年) Global Bioactive Ingredients Market - 2021-2028|
|出版日期: 2021年07月28日||內容資訊: 英文 180 Pages||
Bioactive ingredients are any substances that are added to food and feed products with focus on enhancing physical and physiologic health of the consumers. These are derived from plant, animal, marine or microbial sources and are used in broad spectrum of food categories including functional foods and beverages, dietary supplements and infant nutrition.
The global bioactive ingredients market valued USD XX billion in 2020 and is estimated to reach USD XX billion by 2028, at a CAGR of 4.8% during the forecast period.
Growing Consumption of the Functional Foods & Beverages is Driving the Growth of the Market
The demand for bioactive ingredients is increasing with the rising consumption of functional foods & beverages worldwide. The consumption of functional foods & beverages has increased with the growing awareness regarding their health and nutritional benefits. According to the National Center for Biotechnology Information (NCBI) survey, around 90% of American adults are aware of functional foods' benefits. This has resulted in boosting the sales of functional foods & beverages across the globe. According to the Institute of Food Technologists (IFT), total sales of functional foods were USD 247 billion worldwide in 2018. The United States is the leading consumer of functional foods. Europe and Asia are also witnessing an increase in the number of people preferring functional foods & beverages.
Technological Advancement for Extraction of Bioactive Ingredients is Increasing the Market Growth
The market is witnessing technological advancement for the extraction of bioactive ingredients. Several advanced technologies such as pressurized-liquid extraction, subcritical and supercritical extractions, and microwave- and ultrasound-assisted extractions are used to extract bioactive ingredients from natural sources. Pressurized-liquid extraction has replaced conventional solvent extraction technology. Pressurized-liquid extraction includes the accelerated and pressurized solvent extraction at a high temperature of 50 to 200*C and pressure of 1450 to 2175 psi. It enables the rapid extraction of bioactive ingredients with fewer amount solvents. It provides a higher yield of bioactive ingredients in comparison to conventional solvent extraction technology. Subcritical extraction technology includes the use of the water under high temperature and low pressure in supercritical conditions. It is the faster extraction process that provides the higher yields with the low amount of solvents. Supercritical extractions are carried out based on the various properties of the ﬂuids, such as density, diffusivity, dielectric constant, and viscosity, and conditions such as pressure and temperature to reach a super-critical ﬂuid. Microwave-assisted extractions are most commonly used to recover a vast array of natural bioactive ingredients with antioxidant capacity.
Growing Funding & Investment is Expected to Boost the Market Growth over the Forecast Period
Several companies are raising the investment and funding for the development and expansion of bioactive ingredients. For instance, in July 2020, Geltor had closed the USD 91.3M Series B financing for the global expansion of its ingredients-as-a-service platform. This funding would meet the rising demand from the global CPG companies for sustainable, functional, and 100% animal-free bioactive ingredients. In July 2020, The Smarter Food Company had raised £1 million (US$1.25 million) to accelerate the development of food products with health benefits. This investment would be used to develop delicious food products comprising natural bioactive ingredients for health-conscious consumers. In December 2017, Nuritas, a biotechnology company that is revolutionizing the discovery and use of bioactive peptides through artificial intelligence (AI) and genomics had closed the US$20 million Series A funding round led by Chicago-based Cultivian Sandbox Ventures. This funding would support the growth of the company in the United States. In January 2018, Nuritas had closed the €16M Series A funding round to support its innovation in bioactive peptides for personal care and health applications.
COVID-19 Impact Analysis
The global bioactive ingredients market has received immense impetus from the COVID-19 pandemic with the increasing research and development activities for bioactive ingredients for treatment, management, and prevention of COVID-19 with the increase in the number of people being affected by the COVID-19 across the globe. Several organizations, institutes, associations, and companies explore the potential of the bioactive ingredients derived from the plants, animals, and microorganisms for COVID-19 infection. Several studies have shown the antiviral properties of bioactive ingredients against the COVID-19. Bioactive ingredients have demonstrated the therapeutic, toxicological and immune-stimulating activity for COVID-19 infection. Plant derivative natural bioactive compounds are effective against severe acute respiratory syndrome (SARS) and Middle East Respiratory Syndrome (MERS). Emodin, Flavonoids, lectin, isoflavones, polysaccharides, thymoquinone, sterols, saponins, Quercitin, gallic acid, and other ingredients are the most promising natural bioactive against the COVID-19 infection.
Probiotics Segment is Expected to Hold the Largest Share in the Bioactive Ingredients Market
The bioactive ingredients market is classified based on the product type as the prebiotics, probiotics, amino acids, peptides & proteins, omega 3 & structured lipids, phytochemicals & plant extracts, minerals, vitamins, fibres & specialty carbohydrates, carotenoids & antioxidants, and animal nutrition. The probiotics segment is anticipated to hold the largest share in the bioactive ingredients due to the high consumption of the probiotics comprising the bioactive ingredients for maintaining a healthy balance in the body. Probiotics are effective for preventing pathogen adhesion or colonization, production of metabolites, and modulation of the immune system through the production of immunoglobulins antibodies. The peptides & proteins segment is expected to witness positive market growth. Bioactive peptides exert a positive effect on humans due to their health-promoting properties. Bioactive peptides are effective in the prevention of diseases or modulating physiological systems. The prebiotics segment is expected to witness the highest market growth over the forecasted period due to the rising demand for the prebiotics comprising the bioactive ingredients due to their health benefits, such as reducing cancer risk and increasing the absorption of calcium and magnesium among humans. Prebiotics are short-chain carbohydrates that are non-digestible by digestive enzymes in humans. Prebiotics are effective in enhancing the activity of some groups of beneficial bacteria.
By Application, Functional Food Segment is Expected to Witness the High Growth Over the Forecasted Period.
The bioactive ingredients market is classified based on functional food, functional beverages, dietary supplements, animal nutrition, and personal care. The functional food segment is expected to witness the highest growth over the forecasted period due to the growing adoption of bioactive ingredients for producing functional foods. Several bioactive ingredients such as hitosan, polyunsaturated fatty acids, and astaxanthin from marine animals and tocopherols of oils of plant origin are used as a functional food as these ingredients for health benefits, including the treatment, prevention, and management of diseases. According to the Functional Food Center, bioactive ingredients are quintessential of functional foods and essential for optimal health. These ingredients exhibit various properties such as antioxidants, anti-inflammatory, antifungal, and various additional preventative health benefits. Several organizations, associations, and institutes are involved in researching for exploring the role of bioactive ingredients in functional foods. For instance, the Academic Society for Functional Foods and Bioactive Compounds (ASFFBC) comprised of several medical doctors, scientists, dietitians, nutritionists and other food and medical industry professionals conducting the research and development of functional and medical foods, bioactive compounds, nutraceuticals and the discovery of new ingredients and scientific techniques.
Asia-Pacific Region Holds the Largest Market Share Global Bioactive Ingredients Market
Asia-Pacific region is dominating the global bioactive ingredients market accounted for the largest market share in 2019 due to the high demand for bioactive ingredients for human consumption. There is rising consumption of bioactive ingredients as fortified and enriched dietary supplements to reduce weight, improve endothelial & body function, increase gut microbial diversity, and diminish bone loss. There is growing usage of bioactive ingredients to treat various diseases such as arthritis, cancer, or diabetes. The drastic market growth is expected to be observed in the countries such as China, Japan, India, and Australia, with an increasingly older population. Older people are at a high risk of developing the diseases. According to the United Nations Report, around 87 million of age-groups were 65 years or over in India in 2019. There is an increase in the number of companies developing bioactive ingredients. The market players focus on expanding their bioactive ingredient products-for instance, Shenzhen Qianhai Xiaozao Technology Co. Ltd had expanded their bioactive ingredient portfolio by beginning producing the algae omega-3 with highly refined EPA ingredients. The rising disposable income and purchasing power of the people shall stimulate market growth.
North America Region Holds the Significant Market Share Global Bioactive Ingredients Market
North America region is estimated to have a significant market share of XX% in 2019 due to the growing adoption of health and wellness food products for health and functional benefits. The rising prevalence of obesity, diabetes, stress, and high blood pressure has increased the usage of the pharmaceutical industries' bioactive ingredients to prevent these diseases. There is growing awareness regarding the nutritional benefits of bioactive ingredients. Several companies are developing bioactive ingredients-based food and beverage products with low calorific value. Bioactive ingredients are widely used for manufacturing the beverages such as beer, lager, cider, spirit and wine. These bioactive ingredients-based food and beverage products are rich in nutrients, including vitamins, minerals, proteins, and fibres. There are rising trends of the cosmeceuticals comprising the bioactive ingredients along with the personal care. The high expenditure on preventative healthcare options shall boost the bioactive ingredients' demand over the forecasted period.
The Bioactive Ingredients market studied is a fragmented market with the presence of a large number of market players. BASF SE, Archer Daniels Midland Co., Cargill Inc., Dupont DENemours & Co., Koninklijke DSM N.V., Ajinomoto Co. Inc., Arla Foods, Mazza Innovation Ltd., Owen Biosciences Inc, Nuritas, Vytrus Biotech, and Kerry Group are the major players with the significant market share. The major players are adopting several growth strategies such as product launches, mergers, licensing, acquisitions, and collaborations, contributing to the growth of the Bioactive Ingredients market globally. For instance,
The Archer-Daniels-Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation founded in 1902 and headquartered in Chicago, Illinois. It has about 40,000 employees and operates in 160 countries