Nutraceutical Excipients Market Research Report Analysis - Global Forecast to 2022

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MarketsandMarkets Presents
Nutraceutical Excipients Market - Forecast to 2022
https//www.marketsandmarkets.com/Market-Reports/n
utraceutical-excipient-market-247060367.html
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The report "Nutraceutical Excipients Market by
Functionality (Fillers Diluents, Coating
Agents, Lubricants, and Flavoring Agents), End
Product (Prebiotics, Probiotics, Proteins Amino
Acids, and Vitamins), Form (Dry and Liquid), and
Region - Global Forecast to 2022", The
nutraceutical excipients market is estimated at
USD 2.96 Billion in 2017 and is projected to
reach a value of USD 4.27 Billion by 2022, at a
CAGR of 7.6. The market is driven by factors
such as the growing demand for nutraceuticals and
advances in nanotechnology used in imparting new
functions to excipients. The major players in the
food industry are investing in research
development activities to expand their excipient
product portfolios and attract more consumers by
providing innovative products at lower
prices. The Asia Pacific region is projected to
be the fastest-growing market for nutraceutical
excipients, at a projected CAGR of 9.0 from 2017
to 2022 it accounted for a market share of 26.4
in 2016. With busy lifestyles and increase in
disposable incomes, the demand for fortified
nutritional food beverage products is growing
in the region. The application of excipients is
estimated to increase at a higher rate due to the
demand from the nutraceutical industry. The
major restraining factor for the nutraceutical
excipients market is restraining RD investments.
The cost of proving the effectiveness of an
excipient through clinical trials is also
relatively expensive and can be a major hindrance
to the development of novel excipients in the
market. Many multinational excipient
manufacturers have made minimal investments in
RD due to several challenges for excipients in
the past few years, except in the area of
specialty excipients. Download PDF Brochure
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• The proteins amino acids segment accounted for
  the largest share of the nutraceutical excipients
  market, by functionality, in 2016.
• On the basis of functionality, proteins amino
  acids accounted for the largest share of the
  nutraceutical excipients market in 2016, followed
  by the omega-3 fatty acids. Excipients are
  necessary during the manufacturing of
  protein-based nutraceutical products to avoid
  protein aggregation. Excipients are also used in
  the manufacture of amino acid-based nutraceutical
  products for instance, in the powder form of the
  amino acid supplement, they are used for the
  powder to dissolve easily and give it an
  acceptable taste.
• Fillers diluents accounted for the largest
  market share in 2016.
• On the basis of type, fillers diluents
  accounted for the largest market share in 2016.
  Fillers are increasingly being used by dietary
  supplement manufacturers, since the volume of
  active ingredients in some supplements is
  extremely low (in micrograms). In such cases,
  fillers help in bulking up the product. The easy
  availability and wide acceptance of fillers
  diluents to nutraceutical product manufacturers
  have accelerated the growth of this segment.
• Dry excipients accounted for the largest market
  share among all forms in 2016.
• The dry form of nutraceutical excipients
  accounted for a larger market share, as compared
  to the liquid form. The popularity of the dry
  form can be attributed to its cost-effectiveness
  and convenience in multiple applications.
  Increase in demand for dry beverage mixes with
  additional nutrients, including customized mixes,
  and consumer preference for fortified beverages
  are fueling the growth of the dry segment in the
  nutraceutical excipients market.
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• North America dominated the nutraceutical
  excipients market in 2016.
• North America accounted for the largest market
  share in 2016. The nutraceutical excipients
  market is consolidated in North America and
  dominated by a few companies such as DuPont,
  Kerry, Cargill, and Ingredion. The market for
  nutraceutical excipients here is mature, and
  hence, the growth is moderate compared to other
  regions.
• This report includes a study of marketing and
  development strategies, along with the product
  portfolios of the leading companies. It includes
  profiles of leading companies such as Kerry
  (Ireland), ABF (UK), DuPont (US), Ingredion (US),
  and Sensient (US), Roquette Frères (France),
  Meggle (Germany), Hilmar Ingredients (US), JRS
  Pharma (Germany), Innophos (US), Cargill (US),
  and IMCD (Netherlands).
• Targeted Audience
• Regulatory and research organizations
• Raw material producers, suppliers, and
  distributors
• Equipment manufacturers, traders, distributors,
  and dealers
• Nutraceutical excipients manufacturers, traders,
  distributors, and dealers
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  om/speaktoanalystNew.asp?id247060367
•  

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