Asia Pacific Bioactive Ingredients Market Size, Share & Industry Trends Analysis Report By Product (Fiber, Vitamins, Minerals, Carotenoids & Antioxidants, Plant Extracts, Omega 3 PUFA, Probiotics), By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Bioactive Ingredients Market would witness market growth of 7.5% CAGR during the forecast period (2022-2028).
The market for anti-aging goods has shown a significant increase in demand over the last 20 years, and this trend is anticipated to continue in the years to come. Furthermore, the market will soon have attractive potential due to the growing number of cosmetic product releases and the expanding use of natural components in cosmetics.
In addition to improving eyesight and the skin, carotenoids can protect against certain malignancies. Another significant fact is that -carotene is a precursor to vitamin A, which is essential for a healthy immune system, skin, and mucous membranes, as well as eyes and eyesight. In addition, carotenoids have been linked to a lower risk of developing several malignancies, including breast, head and neck, prostate, and lung cancer, according to several studies.
As a result, it has been shown that there is a link between blood-carotene levels and a lower risk of developing cancer (e.g., for lung cancer). Although interactions of -carotene with other substances, such as carotenoids or other dietary components, may have a role, most intervention studies using -carotene as a component of a supplement did not reveal any impact regarding the risk for cancer.
India and China are the main APAC countries where population growth has been particularly pronounced. A few key factors driving the increase in demand for whey protein are the growing economy and better lifestyles. In APAC, the market for protein supplements derived from dairy products is expanding significantly as more people become aware of their nutritional benefits. In addition, the region's need for protein components has changed dramatically in terms of nutrition profile and quality due to increased income levels, which has also increased expenditure on nutrient-rich meals.
The China market dominated the Asia Pacific Bioactive Ingredients Market by Country in 2021; thereby, achieving a market value of $29,471.2 million by 2028. The Japan market is registering a CAGR of 6.9% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 8.2% during (2022 - 2028).
Based on Product, the market is segmented into Fiber, Vitamins, Minerals, Carotenoids & Antioxidants, Plant Extracts, Omega 3 PUFA, Probiotics and Others. Based on Application, the market is segmented into Functional Food & Beverage, Dietary Supplements, Clinical Nutrition, Personal Care, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Bioactive Ingredients Market is Projected to reach USD 262.3 Billion by 2028, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Archer-Daniels-Midland Company, DuPont de Nemours, Inc., Ajinomoto Co., Inc., Mazza Innovation Ltd (Sensient Technologies Corporation), Ingredion Incorporated, Nuritas Limited, Cargill, Incorporated, Sabinsa Corporation (Sami-Sabinsa Group Ltd.) and Owen Biosciences Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Fiber
- Vitamins
- Minerals
- Carotenoids & Antioxidants
- Plant Extracts
- Omega 3 PUFA
- Probiotics
- Others
By Application
- Functional Food & Beverage
- Dietary Supplements
- Clinical Nutrition
- Personal Care
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- BASF SE
- Archer-Daniels-Midland Company
- DuPont de Nemours, Inc.
- Ajinomoto Co., Inc.
- Mazza Innovation Ltd (Sensient Technologies Corporation)
- Ingredion Incorporated
- Nuritas Limited
- Cargill, Incorporated
- Sabinsa Corporation (Sami-Sabinsa Group Ltd.)
- Owen Biosciences Inc.
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Related Reports:
Global Bioactive Ingredients Market Report 2022-2028
North America Bioactive Ingredients Market Report 2022-2028