North America Bioactive Ingredients Market

North America Bioactive Ingredients Market Growth ad Forecast (2023 - 2028):

North America Bioactive Ingredients Market was worth $ 5.98 billion in 2022 and estimated to be growing at a CAGR of 6.49%, to reach $ 8.18 billion by 2028. North America is the second largest market for bioactive ingredients market after Asia-Pacific.

Market Overview:

Bioactive ingredients bring up to supplementary bio-molecules that are present in foods to get used to one or more metabolic progress for better health. Bioactive food ingredients are naturally found in various forms such as hydroxylated, glycosylated, thiolyated and esterified. They are beneficial for the prevention of malnutrition, anemia and rickets, which usually occur due to deficiency of necessary nutrients in a balance diet.

Drivers and Restraints:

The market for bioactive ingredients is expected to experience a high growth. This estimate is endorsed to the spreading bioactive industry, which is a result of augmented consumer alertness and health concerns. As the need for vital products that offer therapeutic, medicinal, or pharmacological aids other than providing nutrition are increasing, the demand for bioactive ingredients has quickly enriched across the region. High Markup cost of these ingredients is hampering the growth of this market.

North America Bioactive Ingredients Market Segmentation Analysis:

North America market for Bioactive Ingredients is segmented by type into Prebiotics, Probiotics, Amino Acids, Peptides and Proteins, Omega 3 & Structured Lipids, Phytochemicals & Plant Extracts, Minerals, Vitamins, Fibers & Specialty Carbohydrates, Carotenoids & Antioxidants and Other Bioactive Ingredients. The bioactive ingredients market is segregated by application into Functional Food, Functional Beverages, Dietary Supplements, Animal Nutrition and Personal Care. Phytochemicals & plant extracts demonstrate to be the most accepted ingredients with the highest probable growth rate while functional beverages segment is attracting the health-conscious people.

Region Analysis:

Geographically the North America Bioactive Ingredients Market is segmented into US, Canada and Rest of North America.USA is leading the region’s market for bioactive ingredients followed by Canada.

Key Players in the Market:

Major Key Players in the North America Bioactive Ingredients Market are

• Arla Foods
• Ingredion Incorporated
• Koninklijke DSM N.V
• BASF SE
• Ajinomoto Co. Inc
• FMC Corporation
• Cargill Incorporated
• Archer Daniels Midland Company
• Roquette