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Lucintel Forecasts Bioactive Ingredient & Product Market To Grow At A Cagr Of 6%-8%
According to the recent study the bioactive ingredient & product market is projected to grow at a CAGR of 6%-8% from 2020 to 2025. Growth in this market is primarily driven by aging population with an increasing number of chronic diseases generate health concerns in the consumers’ minds and shift of consumers to eating habits from hunger-satisfaction to the intake of healthy food in order to either fulfill the nutrient deficiency in the body or to prevent the deficiency of major nutrients.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in bioactive ingredient & product market by ingredient (probiotics, proteins, plant extracts, minerals, vitamins, fibers, and carotenoids), by product (functional foods & beverage, dietary supplements, animal nutrition, and personal care), sales channel (online and offline), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/bioactive-ingredient-aand-product-market.aspx
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... “Animal nutrition market is expected to remain the largest segment during the forecast period.”
Based on product, the bioactive ingredient & product market is segmented into functional foods & beverage, dietary supplements, animal nutrition, and personal care. Lucintel forecasts that the animal nutrition market is expected to remain the largest segment due to increasing concentration on the diet served to animals with the growing meat and meat products industry.
“Within the bioactive ingredient & product market, the probiotics segment is expected to the largest ingredient.”
Based on ingredient, the probiotics segment is expected to witness the largest source segment during the forecast period as they help in health improvement.
“Asia Pacific will dominate the bioactive ingredient & product market in near future.”
Asia Pacific is expected to be the largest region and it is also expected to witness the highest growth over the forecast period due to increasing population and increased disposable income in the region.
Download Brochure of this report by clicking on https://www.lucintel.com/bioactive-ingredient-aand-product-market.aspx
Major players of bioactive ingredient & product market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. DuPont, Royal DSM, Cargill, ADM, and BASF are among the major bioactive ingredient & product providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/bioactive-ingredient-aand-product-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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