According to a new report, published by KBV research, The Global Bioactive Ingredients Market size is expected to reach $262.3 billion by 2028, rising at a market growth of 7.2% CAGR during the forecast period.
The Fiber market is leading the segment in the Global Bioactive Ingredients Market by Product in 2021; thereby, achieving a market value of $57.3 billion by 2028. This is linked to the rise in fibre demand brought on by consumers' shifting dietary preferences and increased health awareness. Dietary fibre demand is rising due to its benefits, which include preventing diabetes, obesity, and other chronic degenerative diseases.
The Dietary Supplements market is exhibiting a CAGR of 7% during (2022 - 2028). Over the projected period, rising consumer awareness of their health and wellness is anticipated to be a significant market driver for nutritional supplements. Furthermore, due to busy schedules and changing lifestyles, the working population worldwide needs help to meet the needs for dairy nutrients.
The Asia Pacific market dominated the Global Bioactive Ingredients Market by Region in 2021; thereby, achieving a market value of $105.0 billion by 2028. The Europe market is anticipated to grow at a CAGR of 7% during (2022 - 2028). Additionally, The North America market would witness a CAGR of 6.5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/bioactive-ingredients-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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