North America Bioactive Ingredients Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.20 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
North America Bioactive Ingredients Market Analysis
The North America Bioactive Ingredients Market is projected to register a CAGR of 4.2% during the study period (2020 - 2025).
- Proactive health management trend has prompted consumers to incorporate value-added food products in everyday life, leading to robust growth in demand for fortified products, primarily in the developed markets like the United States. This trend is expected to augment market demand during the forecast period.
- Furthermore, consumers in the region are actively looking for foods that are specially formulated and intended for the dietary management of a disease that has distinctive nutritional needs that cannot be met by normal diet alone, primarily due to the prevalence of diseases like inflammatory bowel disease.
North America Bioactive Ingredients Market Trends
This section covers the major market trends shaping the North America Bioactive Ingredients Market according to our research experts:
Rising Awareness about the Role of Probiotics and Prebiotics in Gut Health
In North America, the majority of consumers think digestive health plays an extremely important role in physical health, weight management, and maintenance of energy levels, which is likely to boost the demand for probiotics and prebiotics in the upcoming years. Moreover, key players, like Beneo, are working to facilitate education by continuing to conduct research that builds general consumer awareness and can support product claims. The company also working to educate healthcare professionals, who in turn can share this information with their patients and consumers. The market growth and increased interest in gut health products offer a large opportunity for companies focused on developing products targeting digestive health and other health conditions.
United States to Dominate the Regional Market
The healthcare expenditure pattern in the country is rising every day, with an increasing aged population, advanced technology, better medical facilities, and a rise in the number of insured people. Such factors are driving dietary supplements in the country. Furthermore, the growing demand for multivitamins is anticipated to increase demand for various ingredients, such as bioactive. The five most popular supplements are multivitamin, vitamin D, vitamin C, calcium, and vitamin B/B complex. Moreover, approximately 15% of adults in the United States have used weight-loss supplements at some point in their lives, among those women have a major share. The growing demand for supplements in the country enabled the manufacturers in the country to develop innovative products to cater to the growing demand and to achieve a competitive advantage.
North America Bioactive Ingredients Industry Overview
The North America bioactive ingredients market is highly competitive with the presence of key players such as Cargill Inc, Kerry Group, Archer Daniels Midland Company, BASF SE, Ingredion, are, among others. Moreover, players operating in the market are investing in research and development activities to develop products with enhanced benefits fuelling bioactive ingredients market growth.
North America Bioactive Ingredients Market Leaders
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Archer Daniels Midland Company
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DuPont
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Kerry Group
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Cargill Inc.
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Corbion
*Disclaimer: Major Players sorted in no particular order
North America Bioactive Ingredients Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables and Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Ingredinet Type
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5.1.1 Probiotics and Prebiotics
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5.1.2 Omega3 Fatty Acids
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5.1.3 Vitamins
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5.1.3.1 Vitamin A
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5.1.3.2 Vitamin B
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5.1.3.3 Vitamin C
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5.1.3.4 Vitamin D
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5.1.3.5 Vitamin E
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5.1.3.6 Vitamin K
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5.1.4 Carotenoids and Antioxidants
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5.1.5 Plant Extracts
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5.1.6 Minerals
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5.1.7 Amino Acids, Proteins, and Peptides
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5.2 By Application
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5.2.1 Food and Beverages
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5.2.2 Dietary Supplements
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5.2.3 Animal Nutrition
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5.2.4 Personal and Beauty Care
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5.2.5 Pharmaceutical
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5.3 By Geography
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5.3.1 United States
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5.3.2 Canada
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5.3.3 Mexico
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5.3.4 Rest of North America
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Archer Daniels Midland Company
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6.4.2 DuPont de Nemours Inc .
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6.4.3 Kerry Inc.
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6.4.4 Corbion
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6.4.5 Cargill Inc.
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6.4.6 Ingredion Incorporated
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6.4.7 Koninklijke DSM
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6.4.8 BASF SE
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19 ON THE MARKET
North America Bioactive Ingredients Industry Segmentation
The North America bioactive ingredients market is segmented by ingredient type into probiotics and prebiotics, omega3 fatty acids, vitamins, carotenoids and antioxidants, plant extracts, minerals, amino acids, proteins, and peptides. By application, the scope includes food and beverages, dietary supplements, animal nutrition, personal and beauty care, and pharmaceutical. By country, the scope includes United States, Canada, Mexico, and rest of North America.
By Ingredinet Type | ||||||||
Probiotics and Prebiotics | ||||||||
Omega3 Fatty Acids | ||||||||
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Carotenoids and Antioxidants | ||||||||
Plant Extracts | ||||||||
Minerals | ||||||||
Amino Acids, Proteins, and Peptides |
By Application | |
Food and Beverages | |
Dietary Supplements | |
Animal Nutrition | |
Personal and Beauty Care | |
Pharmaceutical |
By Geography | |
United States | |
Canada | |
Mexico | |
Rest of North America |
North America Bioactive Ingredients Market Research FAQs
What is the current North America Bioactive Ingredients Market size?
The North America Bioactive Ingredients Market is projected to register a CAGR of 4.20% during the forecast period (2024-2029)
Who are the key players in North America Bioactive Ingredients Market?
Archer Daniels Midland Company, DuPont, Kerry Group, Cargill Inc. and Corbion are the major companies operating in the North America Bioactive Ingredients Market.
What years does this North America Bioactive Ingredients Market cover?
The report covers the North America Bioactive Ingredients Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Bioactive Ingredients Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Bioactive Ingredients Industry Report
Statistics for the 2024 North America Bioactive Ingredients market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Bioactive Ingredients analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.