The nutritional food ingredients have a vast categorization such as proteins, omega-3, starch, enzymes including many others which are beneficial to health in many ways. These ingredients are widely used in beverages, bakery products, dairy products, and various other food items. With the rising health awareness and prevalence of various types of diseases, the need to consume nutritional food ingredients has increased, which is expected to increase market growth during the forecasted year.This growth is primarily driven by Growing Health Benefits and Awareness about Consuming Nutritious Food and Beverages and Increasing Demand for Consuming Nutritional Food Ingredients for Various Skin Benefits.
Globally, a noticeable market trend is evident Rising Consumption of Nutritional Food Ingredients Among Sportsperson
. Major Vendors, such as Food Ingredients Global, ABF Ingredients (United Kingdom), Kerry Group (Ireland), Cargill, Incorporated (United States), BASF Human Nutrition (Germany), ADM (United States), DuPont de Nemours, Inc. (United States), Givaudan (Switzerland), DSM (Netherlands), Symrise (Germany), Ingredion Incorporated (United States) and Tate & Lyle (United Kingdom) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 2nd December 2019, DuPont launched all-round ingredient solutions for plant-based innovation, this plant-based solution portfolio will help food producers meet the growing demand for healthier and more sustainable food and beverages that are meat and dairy-free. The global sales growth forecast for the plant-based sector is huge. As more consumers choose a flexitarian, vegetarian or vegan diet, Euromonitor estimates the market total value at USD 23 billion with a growth rate of close to 9%.
- Growing Health Benefits and Awareness about Consuming Nutritious Food and Beverages
- Increasing Demand for Consuming Nutritional Food Ingredients for Various Skin Benefits
- Rising Consumption of Nutritional Food Ingredients Among Sportsperson
- Adoption of Nutritional Food Ingredients In Snacks and Confectioneries
- Emerging Use of Nutritional Food Ingredients in the Fragrance Industry
- Stringent Regulatory Standards Regarding Nutritional Food Ingredients
- High-Cost Availability of Some of the Nutritional Food Ingredients which can not be afforded by Unprivileged People
OpportunitiesSurging Awareness Regarding Nutritional Food Ingredients Among Millenials Through Online Platforms will Boost the Market
ChallengesIntense Competition Between the Players of Nutritional Food Ingredients
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