Global Nutraceutical Excipients Market Size study, by Product Type by End-use by Form and Regional Forecasts 2022-2032

Description

The global Nutraceutical Excipients Market was valued at approximately USD 4.2 billion in 2023 and is anticipated to grow at a healthy growth rate of more than 7.7% over the forecast period 2024-2032. Nutraceutical excipients are inactive substances used as carriers for active ingredients in nutraceutical products, which are foods or food components that provide health benefits beyond basic nutrition. These excipients are integral to the manufacturing process, ensuring stability, bioavailability, and efficacy of the active compounds. Typical types of excipients include binders, fillers, disintegrants, lubricants, and coatings, which aid in the production of tablets, capsules, and powders by facilitating mixing, compressing, and delivering of nutraceuticals. The applications of nutraceutical excipients span various products, including dietary supplements, functional foods, and fortified beverages, enhancing their therapeutic value and consumer appeal.

The market for nutraceutical excipients is driven by several key factors. Increasing health awareness among consumers has led to a higher demand for nutraceutical products perceived as beneficial for health and wellness. Excipients are essential in formulating these products, as they enhance stability, bioavailability, and delivery, supporting the market's growth. Additionally, the aging population globally is driving demand for nutraceuticals aimed at promoting longevity and managing age-related health issues. Excipients play a crucial role in developing effective and easy-to-consume supplements, making them vital for meeting the needs of older adults. Also, technological advancements in excipient technology are also propelling market growth. Innovations in excipient technology are enabling the development of more efficient, functional, and tailored excipients. These advancements improve the efficacy and formulation of nutraceutical products, making them more appealing to consumers and manufacturers alike. The market is also seeing opportunities arising from the rising demand for plant-based and natural ingredients. As consumer preferences shift towards natural and plant-based products, there is an increasing demand for excipients that align with these trends. Manufacturers are focusing on developing natural excipients, which presents significant growth opportunities in the nutraceutical market. However, the market faces challenges related to stringent regulatory frameworks and compliance requirements. Different countries have varying regulations, making it difficult for manufacturers to standardize products globally. This complexity can hinder market growth as companies navigate diverse compliance landscapes and ensure product safety and efficacy while managing costs and timelines.

North America is expected to dominate the nutraceutical excipients market during the forecast period due to several factors. North America's mature nutraceutical market, complemented by its robust pharmaceutical and nutraceutical industries, forms a strong platform for excipient innovation. Renowned for pioneering advancements, the region continually invests in R&D, crafting cutting-edge excipients with superior functionality, improved bioavailability, and precise nutrient delivery. This ongoing commitment to innovation positions North America at the forefront, alluring global industry players. The region boasts a well-established retail infrastructure, offering easy access to nutraceuticals through diverse distribution channels like online platforms, specialty outlets, and conventional supermarkets, fostering nutraceutical excipients market expansion. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period 2024-2032

Major market players included in this report are:

Ingredion Incorporated
Cargill Incorporated
Dow Du Pont Inc.
Kerry Group PLC
Roquette Freres SA
Lubrizol Corporation
Ashland Global Holdings Inc.
BASF SE
SPI Pharma Inc.
Innophos Inc.

The detailed segments and sub-segment of the market are explained below:

By Product Type:

Binders
Fillers
Disintegrants
Lubricants
Coatings

By End-use:

Hypermarket/Supermarket
Convenience Stores
Pharmacies
Specialty Stores
Grocery Stores
Wholesale Stores
Online Retail

By Form:

Capsule
Pills
Spray

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Nutraceutical Excipients Market Executive Summary

1.1. Global Nutraceutical Excipients Market Size & Forecast (2024-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product Type
- 1.3.2. By End-use
- 1.3.3. By Form
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Nutraceutical Excipients Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Nutraceutical Excipients Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Health Awareness
- 3.1.2. Aging Population
- 3.1.3. Technological Advancements in Excipients
3.2. Market Challenges
- 3.2.1. Regulatory Hurdles and Compliance Issues
3.3. Market Opportunities
- 3.3.1. Rising Demand for Plant-based and Natural Ingredients
- 3.3.2. Expanding Markets in Emerging Economies

Chapter 4. Global Nutraceutical Excipients Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Nutraceutical Excipients Market Size & Forecasts by Product Type 2024-2032

5.1. Segment Dashboard
5.2. Global Nutraceutical Excipients Market: Product Type Revenue Trend Analysis, 2024 & 2032 (USD Billion)
- 5.2.1. Binders
- 5.2.2. Fillers
- 5.2.3. Disintegrants
- 5.2.4. Lubricants
- 5.2.5. Coatings

Chapter 6. Global Nutraceutical Excipients Market Size & Forecasts by End-use 2024-2032

6.1. Segment Dashboard
6.2. Global Nutraceutical Excipients Market: End-use Revenue Trend Analysis, 2024 & 2032 (USD Billion)
- 6.2.1. Hypermarket/Supermarket
- 6.2.2. Convenience Stores
- 6.2.3. Pharmacies
- 6.2.4. Specialty Stores
- 6.2.5. Grocery Stores
- 6.2.6. Wholesale Stores
- 6.2.7. Online Retail

Chapter 7. Global Nutraceutical Excipients Market Size & Forecasts by Form 2024-2032

7.1. Segment Dashboard
7.2. Global Nutraceutical Excipients Market: Form Revenue Trend Analysis, 2024 & 2032 (USD Billion)
- 7.2.1. Capsule
- 7.2.2. Pills
- 7.2.3. Spray

Chapter 8. Global Nutraceutical Excipients Market Size & Forecasts by Region 2024-2032

8.1. North America Nutraceutical Excipients Market
- 8.1.1. U.S. Nutraceutical Excipients Market
  - 8.1.1.1. Product Type breakdown size & forecasts, 2024-2032
  - 8.1.1.2. End-use breakdown size & forecasts, 2024-2032
  - 8.1.1.3. Form breakdown size & forecasts, 2024-2032
- 8.1.2. Canada Nutraceutical Excipients Market
8.2. Europe Nutraceutical Excipients Market
- 8.2.1. UK Nutraceutical Excipients Market
- 8.2.2. Germany Nutraceutical Excipients Market
- 8.2.3. France Nutraceutical Excipients Market
- 8.2.4. Spain Nutraceutical Excipients Market
- 8.2.5. Italy Nutraceutical Excipients Market
- 8.2.6. Rest of Europe Nutraceutical Excipients Market
8.3. Asia-Pacific Nutraceutical Excipients Market
- 8.3.1. China Nutraceutical Excipients Market
- 8.3.2. India Nutraceutical Excipients Market
- 8.3.3. Japan Nutraceutical Excipients Market
- 8.3.4. Australia Nutraceutical Excipients Market
- 8.3.5. South Korea Nutraceutical Excipients Market
- 8.3.6. Rest of Asia Pacific Nutraceutical Excipients Market
8.4. Latin America Nutraceutical Excipients Market
- 8.4.1. Brazil Nutraceutical Excipients Market
- 8.4.2. Mexico Nutraceutical Excipients Market
- 8.4.3. Rest of Latin America Nutraceutical Excipients Market
8.5. Middle East & Africa Nutraceutical Excipients Market
- 8.5.1. Saudi Arabia Nutraceutical Excipients Market
- 8.5.2. South Africa Nutraceutical Excipients Market
- 8.5.3. Rest of Middle East & Africa Nutraceutical Excipients Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Ingredion Incorporated
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Cargill Incorporated
- 9.3.3. Dow Du Pont Inc.
- 9.3.4. Kerry Group PLC
- 9.3.5. Roquette Freres SA
- 9.3.6. Lubrizol Corporation
- 9.3.7. Ashland Global Holdings Inc.
- 9.3.8. BASF SE
- 9.3.9. SPI Pharma Inc.
- 9.3.10. Innophos Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes