Nutraceutical Excipients Global Market is Projected to Reach $6.4 Million by 2030
A new report from Industry Experts Inc, on "Nutraceutical Excipients", reveals that the global market for Nutraceutical Excipients is projected to reach US$6.4 billion by 2030 from an estimated US$4.2 billion in 2024 at a CAGR of 7.5% between 2024 and 2030.
The global market for Nutraceutical Excipients is slated to register a healthy growth over the analysis period owing to several reasons, which include developments in nanotechnology & drug delivery systems that resolve issues with medication toxicity, growing demand for fortified food items, consumers becoming more health conscious, increased awareness on preventive healthcare, prevalence of chronic diseases, greater disposable income, inadequate nutrition due to sedentary lifestyles, maintaining health & structure of the body and need to boost digestion, gut health, immunity, nutrition absorption & minimize the risk of allergies.
Binders are expected to account for the largest market over the analysis period, since they are used in tablets for retaining the components of the formulation together. They also help in offering mechanical strength in the process of making tablets, granules, powders and other products. Binders further add volume to low-active dosage tablets and result in producing effective tablets with the right active constituents.
Nutraceutical Excipients global market is analyzed in this report on a global basis and the major regions covered include North America (The United States, Canada and Mexico), Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), South America (Argentina, Brazil and Rest of South America) and Middle East & Africa.
The marker for Nutraceutical Excipients analyzed in this report with respect to Form – Dry and Liquid; Functionality – Binders, Coating Agents, Disintegrants, Fillers & Diluents, Flavoring Agents & Sweeteners, Lubricants & Glidants, Other Functionalities (Incl. Colorants, Emulsifying Agents, Preservatives and Suspending & Viscosity Agents); Application – Modified Release, Stabilizers, Solubility & Bioavailability and Taste Masking; End-Use Product – Minerals, Omega-3 Fatty Acids, Prebiotics, Probiotics, Proteins & Amino Acids and Vitamins.
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