Europe Nutraceutical Excipients Market segmented by Form (Liquid and Dry), by End Product (Proteins & Amino Acids, Prebiotics, Probiotics, and Vitamins), by Functionality (Coating Agents, Binders, Fillers & Diluents, and Flavoring Agents), and by Regional- Global Forecast Period 2024 to 2029

Updated On: January, 2024
ID: 11612
Pages: 145

Europe Nutraceutical Excipients Market Growth and Forecast (2023 - 2028):

The Europe Nutraceutical Excipients Market is worth $ xx million in 2022 and is expected to grow to $ xx million by the end of 2028 with a compound annual rate of xx% between 2023 and 2028.

Product Description:

Nutraceuticals are a mixture of nutritional and pharmaceutical products. It is a food or part of a food that plays an important role in modifying and maintaining normal physiological functions that keep human beings healthy. Excipients are used for formulae production in the pharmaceutical ingredients. It is used in the manufacture of nutraceutical products based on amino acids and nutraceuticals based on proteins. Nutraceuticals are dietary supplements that help treat and prevent disease and improve the performance of medicines and foods. Various food structures and their composition are formed using nutraceutical excipients that enhance the bioavailability of nutraceuticals, including therapeutics. Nutraceutical excipients are inactive ingredients prepared as an active pharmaceutical ingredient (API) to create large volumes of solutions with powerful active ingredients. Nutraceutical is a term used for foods derived from food sources or fortified foods that not only supplement the diet, but also provide additional health benefits along with the basic nutritional value present in foods.

Market Growth:

Increased investment from domestic manufacturers is expected to accelerate the growth of the Europe Nutraceutical Excipients market.

Drivers:

Increased demand for fortified foods, increased consumer health awareness and a greater emphasis on preventive treatments, fostering investment in products or solutions are key factors driving the growth of the Europe Nutraceutical Excipients market. The expansion of the wellness industry is one of the key factors driving the growth of the Europe Nutraceutical Excipients market. This is another aspect that contributes positively to the growth of this market in the coming years. In addition, the development of multifunctional excipients to obtain the mixing benefits of massive receptors will support the growth of the Europe Nutraceutical Excipients market. The growing awareness of the health benefits of nutraceutical excipients products is expected to drive the growth of the European market for nutraceutical excipients. The high technological innovations are made in order to develop the molecules that need to improve the nutritional efficiency even more. The high use of excipients with multifunctional properties is considered an emerging trend among major players with an increase in government initiatives and awareness campaigns are expected to create new growth opportunities for the growth of the European nutritional supplement market. Prevention through the use of nutraceuticals and disease management is expected to drive the growth of the Europe market for nutraceutical excipients. Functional food innovation and new ingredients will drive the growth of the Europe Nutraceutical Excipients market in the future. The increasing incidence of chronic diseases, malnutrition, increased awareness of diseases and preventive treatment of the population among consumers are accelerating the growth of the Europe Nutraceutical Excipients market. Advances in nanotechnology with new features, the introduction of orders from government agencies to fortify foods, and the growing awareness of the health benefits of nutraceutical excipients will further impact the market for Europe Nutraceutical Excipients. In addition, growing interest in preventive care, changing consumer lifestyles, increasing disposable income, increasing food processing applications, and increasing health care spending have a positive impact on the Europe Nutraceutical Excipients market. In addition, the high use of excipients with multifunctional properties expands profitable opportunities for Europe Nutraceutical Excipients market participants in the forecast period 2023 - 2028.

Restraints:

The lower return on investment in R&D and the high costs associated with clinical trials and registrations are factors that are expected to hamper the growth of the Europe Nutraceutical Excipients market. Nutraceutical-related consumer conferences, driven by the perceptions of rural and semi-urban consumers' diet, are expected to challenge the market for Europe Nutraceutical Excipients in the forecast period 2023 - 2028. Protecting and protecting the nutritional value of Nutraceutical Excipients are some of the key challenges they face. In addition, the reduction in spending on research and development activities and the high costs associated with clinical trials are expected to slow the growth of the Europe Nutraceutical Excipients market in the coming years. However, the nutraceutical additive industry is making enormous efforts to overcome these challenges.

Market Segmentation Analysis:

Depending on the form, the Europe Nutraceutical Excipients market is divided into Liquid and Dry. The dry segment is expected to drive the Nutraceutical Excipients market growth. The popularity of the dry form can be attributed to cost effectiveness and convenience in many applications. The growing demand for dry drink mixes with additional nutrients, including consumer preferences for custom mixes and fortified beverages, is accelerating the growth of the dry drink segment in the Nutraceutical Excipients market.

On the basis of the final product, the Europe Nutraceutical Excipients market is divided into proteins and amino acids, prebiotics, probiotics and vitamins. The probiotics segment is expected to drive market growth. Probiotics are good yeasts and bacteria that are beneficial to consumers because they strengthen digestion and gut health, improve immunity, increase nutrient absorption, and reduce the likelihood of food allergies. Probiotic products come in a variety of forms, including yogurt and beverages, and in the form of supplements such as tablets and capsules.

Depending on their functionality, the Europe Nutraceutical Excipients market is segmented into coatings, binders, fillers and thinners and fragrances. The binders segment is expected to drive the Nutraceutical Excipients market growth. Manufacturers of dietary supplements increasingly use binders, as these excipients are formulated to "bind" powders, granules and other dry ingredients to act as adhesives that give them the necessary mechanical strength. Binders can also help add bulk to active low-dose tablets.

Regional Analysis:

Europe Nutraceutical Excipients is expected to witness a significant CAGR over the forecast period 2022 - 2027 due to increased demand for health and nutrition products, the ease of availability of raw materials, foreign direct investment in the food sector and increased income and purchasing power. The disposable income of the growing population and the growing demand for nutritious fortified food and drink is likely to support the growth of the UK Nutraceutical Excipients market. Factors contributing to the growth of nutraceutical additives in the French region include the prevalence of chronic diseases stemming from a busy lifestyle, a busy consumer lifestyle, and increased consumer awareness of the health benefits of nuts Europe Nutraceutical Excipients markets. The demand for fortified nutritional foods and beverages is increasing in Spain. This could be one of the key factors driving growth in the region. The strong R&D and concentration of the giants provide a collective impetus for the growth of the Nutraceutical Excipients market in the German region.

Top Leading Company:

Key players in the Europe Nutraceutical Excipients market include P&G Chemicals, Cargill, DuPont, Sensient, Huntsman Corporation, Colorcon Inc., Eastman Chemical Corporation, ABF, Zydus Wellness, Kerry Group plc, BASF SE, Meggle, Avantor Performance Materials, Roquette Freres, JRS Pharma, Hilmar Ingredients, Finar Limited., Innophos, Lubrizol Corporation, IMCD, and Shin-Etsu Chemical Co., Ltd.

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