The global bioactive ingredients market size was valued at USD 36.17 billion in 2020 and is expected to grow at a CAGR of 8.2% during the forecast period. Bioactive ingredients are extra-nutritional constituents found in food products such as fruits, vegetables, nuts, and whole grains. They include vitamins, peptides, probiotics, carotenoids, and plant extracts, among others. They are known to offer nutraceutical properties and are used as prevention against inflammatory and oxidative stress-related disorders.
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Consumption of bioactive ingredients positively affects human health through anti-inflammatory, anti-microbial, anti-allergic, and anti-viral properties. These ingredients boost cardiovascular health while also protecting against cancer and metabolic disorders. They decrease health risks associated with respiratory issues, Alzheimer’s, diabetes, cataracts, and age-related functional decadence.
However, the COVID-19 outbreak has disrupted the supply chain across the globe. The scarcity of raw materials and reduced workforce has severely impacted the market. Countries across the world have regulated the movement of individuals and goods, resulting in decreased deliveries, roadblocks, and other logistic issues, hampering the market growth for bioactive ingredients.
The growing obese population, sedentary lifestyle of consumers leading to lifestyle diseases, increasing disposable income, and growing public initiatives to promote health and wellness have increased the sale of bioactive ingredients. Modern consumers are aware and educated about the health benefits of products consumed.
Owing to the benefits of bioactive ingredients, they are increasingly being used to develop functional food and beverages to cater to the growing consumer demands for healthy and nutritious products. The increasing use of bioactive ingredients in the prevention and treatment of several diseases has also supported the market growth for bioactive ingredients. The application of bioactive ingredients has increased in cosmeceutical products to provide both cosmetic and therapeutic benefits to consumers.
Bioactive ingredients are increasingly being used in cosmetics and personal care products. The growing population, changing lifestyle of consumers, rising awareness regarding beauty and wellness, and growing trend towards the use of skincare and personal care products drive the growth of this segment. New product launches and acquisitions by leading players in the market and increasing demand from emerging economies have increased the demand for bioactive ingredients.
In April 2021, Yemoja, Ltd., a marine cultivation start-up, launched EPS-Revive for the cosmetics industry. EPS-Revive, a bioactive ingredient derived from microalgae, offers anti-aging, anti-inflammatory, and rejuvenating properties. The company claims this is the first bio-active ingredient developed from red algae in a controlled setting through photobioreactor technology.
The demand for bioactive ingredients has increased during the pandemic, owing to the significant rise in functional food and dietary supplements for improved immunity. Increasing health awareness coupled with growth in consumption of nutraceuticals has increased the demand for bioactive ingredients, especially vitamins and probiotics. The fear of contracting the disease has encouraged consumers of all ages to focus on nutrition and self-care.
The market is primarily segmented on the basis of source, type, application and region.
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On the basis of source, the market for bioactive ingredients is plants, animal, and microbial. The market demand for plant-based bioactive ingredients is expected to increase during the forecast period. Increasing incidences of health disorders have resulted in greater awareness regarding healthy eating habits and nutrition among consumers. Health and fitness consciousness has also increased in emerging economies such as China and India, thereby strengthening the growth of this segment.
On the basis of type, the market is segmented into vitamins, minerals, amino acids, probiotics and prebiotics, omega-3 fatty acids, plant extracts, and others. The consumption of probiotics has increased among consumers for their health benefits such as enhanced immunity, improved gut health, relief in skin conditions, and prevention against allergies. Increasing awareness regarding preventive healthcare and changing lifestyles have encouraged consumers to focus on overall health.
The application segment has been divided into animal feed, dietary supplements, functional food & beverages, personal care, pharmaceutical, and others. The market demand for functional food & beverages is expected to increase during the forecast period. Consumers are increasingly turning towards functional food and beverages owing to their nutritional benefits and health advantages. The rise in obesity and the occurrence of lifestyle diseases drive the growth of this segment.
Asia-Pacific dominated the global bioactive ingredients market in 2020. There has been an increased awareness regarding the nutrition and benefits of eating healthy, which has resulted in increased market demand for bioactive ingredients in the region, especially during the COVID-19 outbreak. The rising geriatric population coupled with increasing initiatives by consumers to maintain their overall health aids the market growth.
The leading players in the bioactive ingredients market include Ajinomoto Co., Inc., FMC Corporation, Koninklijke DSM N.V., Arla Foods amba, BASF SE, Cargill Inc., E. I. du Pont de Nemours and Company, Mazza Innovation Ltd, Ingredion Incorporated, Archer Daniels Midland Company, Sabinsa Corporation, and Roquette Frères.
These players are expanding their presence across various geographies and entering new markets in developing regions to expand their customer base and strengthen their presence in the market. The companies are also introducing new innovative products in the market to cater to the growing consumer market demands.
Market size value in 2020
USD 36.17 billion
Revenue forecast in 2028
USD 67.56 billion
8.2% from 2021 - 2028
2016 - 2019
2021 - 2028
Revenue in USD billion and CAGR from 2021 to 2028
By Source, By type, By Application, By Region
North America Europe Asia Pacific Latin America; Middle East & Africa
Ajinomoto Co., Inc., FMC Corporation, Koninklijke DSM N.V., Arla Foods amba, BASF SE, Cargill Inc., E. I. du Pont de Nemours and Company, Mazza Innovation Ltd, Ingredion Incorporated, Archer Daniels Midland Company, Sabinsa Corporation, and Roquette Frères.