Demand to increase 7.2% annually through 2015World demand for nutraceutical ingredients will increase 7.2 percent annually to $23.7 billion in 2015. Substances with clinically confirmed health benefits and broad applications in foods, beverages, dietary supplements, and adult and pediatric nutritional preparations will provide the best growth opportunities.Global trends in nutraceutical ingredients will see the developing regions achieving much faster growth in both consumption and production than the developed regions. Increasing economic prosperity will enable countries such as China, Brazil, India, Mexico, Poland, Russia and South Korea to expand and diversify their food, beverage, nutritional and pharmaceutical industries. Based on projected investment levels in these industries and rising consumer income, China will evolve into the largest global producer and consumer of nutraceutical ingredients by 2020, passing up the United States and Western Europe. Because of maturing markets, the supply and demand of nutraceutical ingredients in the developed countries will increase more slowly than the average pace of the developing world. Nonetheless, food, beverage and drug makers in the developed economies will continue to pursue opportunities in conventional and specialty nutritional products and natural medicines. As a result, they will remain major customers for a broad range of nutraceutical ingredients.
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Naturally derived substances to be fastest growing ingredients
Nutrients, including proteins, fibers and various specialized functional additives,will remain the top-selling group of nutraceutical ingredients. World demand for these substances will increase 6.7 percent annually to $10.4 billion in 2015.Proteins will post the fastest gains as food and beverage makers throughout the world introduce new high value-added nutritional preparations. Functional additives and fiber nutrients will also fare well in the global marketplace. Demand for these ingredients will gain upward momentum from increasing clinical evidence of health benefits and expanding specialty applications in health foods and beverages, dietary supplements and nutritional preparations.Naturally derived substances, consisting of herbal and botanical extracts and animal- and marine-based derivatives, will command the fastest growth among the three major groups of nutraceutical ingredients. World demand for these substances is projected to increase 8.9 percent annually to $7.3 billion in 2015. Omega-3 fish oils will lead gains, reflecting clinically proven cardiovascular benefits and expanding use in dietary supplements and nutritional therapies. The rising popularity of homeopathic remedies, coupled with widespread trends promoting preventive medicine and selftreatment, will impact favorably on global demand for numerous other natural nutraceutical ingredients, including cranberry, garlic, ginkgo biloba,ginseng and saw palmetto extracts.World demand for minerals and vitamins consumed in nutraceutical applications is forecast to reach $6.0 billion in 2015, up 6.2 percent annually from 2010. Wellestablished applications in food and beverage fortification, adult and pediatric nutritionals, and dietary supplements will underlie growth. Widespread acceptance of health and wellness benefits will keep minerals and vitamins among the most widely used nutraceutical ingredients.
Study coverage
This new Freedonia industry study, World Nutraceutical Ingredients, is priced at $6100. It presents historical demand data (2000, 2005, 2010) as well as forecasts for 2015 and 2020 by product, world region and for 40 major countries. The study also considers market environment factors, evaluates company market share and profiles industry competitors.
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