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The Nutraceutical Ingredients Market is expected to grow at a CAGR of 7.1% from 2023 to reach $317 billion by 2030. Nutraceutical ingredients provides nutrition as well as have ability to prevent or treat certain health conditions. Some of the major nutraceutical ingredients are vitamins, minerals, prebiotics and probiotics, phytochemicals and plant extracts, fiber and specialty carbohydrates, proteins and amino acids, omega fatty acids, enzymes, lipids essential oils, and others. Nutraceutical ingredients are widely used for variety of applications including infant and maternal nutrition, sports nutrition, medical nutrition, and animal nutrition through its incorporation in food, beverages, dietary supplements, personal care products, and animal feed.
Here are the top 10 companies operating in the Nutraceutical Ingredients Market
Founded in 1902 and headquartered in The Netherlands, Koninklijke DSM N.V., is involved in production of nutritional ingredients and materials (green thermoplastics and resins).The company operates through three business segments, namely Health, Nutrition, and Materials. The Nutrition segment consists of DSM Nutritional Products and DSM Food Specialties. DSM Nutritional Products segment offersessential nutrients such as synthetic vitamins, carotenoids, nutritional lipids and other ingredients for feed, food, pharmaceutical,&personal care industries.
The company has its geographic presence across North America, Europe, Asia-Pacific, and Latin America. The subsidiary of the company operating in nutraceutical ingredients include DSM Nutritional Products.
DuPont de Nemours, Inc.
Founded in 1802 and headquartered in Wilmington, United States; DuPont de Nemours, Inc. is involved in manufacturing and marketing of Agriculture and Specialty Products. The company operates through eight segments namely agriculture, performance materials & coatings, industrial intermediates & infrastructure, packaging & specialty plastics, electronics & imaging, nutrition & biosciences, transportation & advanced polymers, and safety & construction. The agriculture segment focuses on seeds and crop protection. The specialty products segment includes electronics & imaging, industrial biosciences, nutrition & health, safety & construction, sustainable solutions, and transportation & advanced polymers.
The company has a geographic presence across North America, Europe, Asia-Pacific, Middle East, Africa, and Latin America.
Archer Daniels Midland Company
Founded in 1902 and headquartered in Illinois, U.S.; Archer Daniels Midland Company is involved in harvesting, manufacturing, and marketing of food and feed ingredients. The company operates through different segments like food, supplements, animal nutrition, fuel, industrials, logistics, farmer services, and financial services. The company provides nutrition ingredients through its food and supplements segment. The animal nutrition segment includes specialty ingredients, premixes & blending, and feed.
Archer Daniels Midland Company has a geographic presence across North America, Europe, and Asia-Pacific, Africa and Latin America. The subsidiaries of the Company operating in nutraceutical ingredients include ADM Animal Nutrition and ADM Biopolis. As of 2018, the company had a headcount of 31,600 employees worldwide.
Cargill, Incorporated
Founded in 1865 and headquartered in Minnesota, United States; Cargill, Incorporated is involved in Food Ingredients & Bio-Industrial, Animal Nutrition, Protein and Salts, Agricultural Supply Chain and Metals & Shipping. The company operates through eleven business segments namely animal nutrition, food & beverage, bio industrial, foodservice, agriculture, risk management, meat & poultry, industrial, beauty, pharmaceutical, and transportation. The company offers health promoting ingredients through Food & Beverage segment. The Animal Nutrition segment include feed products and additives.
Cargill, Incorporated has a presence in over 70 countries across North America, Europe, and Asia-Pacific, Latin America, Middle East and Africa.
Fonterra Co-operative Group Limited
Founded in 2001 and headquartered in Auckland, New Zealand; Fonterra Co-operative Group Limited is involved in distribution of milk, production and sale of dairy products and dairy based ingredients. The Company operates through three Operating segments Ingredients, consumer and foodservice china farms. The dairy based ingredient segment offers powders, dairy, fats, cheese, proteins, specialities, and organics. The protein ingredients include milk protein concentrate, milk protein isolate, whey protein concentrate, whey protein isolate, casein and casienates, total milk proteins, and hydrosylates. The speciality ingredients include complex lipids, lactoferrin, lactose, prebiotics, probiotics, and paediatric grade powders.
Fonterra Co-operative Group Limited has a geographic presence across North America, Europe, Asia-Pacific, Oceania, and Latin America.
Meticulous Research in its latest publication on Nutraceutical Ingredients Market has predicted the growth of 7.1% during the forecast year 2023-2030.
Ingredion Incorporated
Founded in1906and headquartered in Chicago, U.S; Ingredion Incorporated is involved in production and sale of starches, sweeteners, nutritional ingredients, and biomaterial solutions for a wide range of industries. The company’s product portfolio segmented into Starch Products, Sweetener Products, and Co-products and others (specialty ingredients). The nutraceutical ingredients provided by the company are classified as animal nutrition, food & beverage ingredients (encapsulates and emulsifiers, extracts, fiber, flours, hydrocolloids, modified starch, potato starches, proteins, pulses, starches, sweeteners, prebiotics). The company provide ingredients with the applications in food, beverage, brewing (food and beverage ingredients), animal nutrition and others.
The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Founded in 1921 and headquartered inLondon, U.K; Tate & Lyle Plc is involved in providing solutions and ingredients for food, beverage and industrial markets. The company operates through three reportable segments, Food & Beverage Solutions, Sucralose, and Primary Products. The company offers nutraceutical ingredients through food and beverage solutions segment, which includes ingredients such as sweeteners, texturants, fibres, food stabilisers, acidulants, industrial starches, savoury ingredients, sodium reductionand oat ingredients. Tata and Lyle has expertise in the areas of beverages, dairy, soups, sauces and dressings, bakery and snacks, confectionery, human nutrition science, animal nutrition.
The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
BASF SE
Founded in 1865 and headquartered at Ludwigshafen, Germany; BASF SE is involved inmanufacturing and marketing of different products and services. The company operates through different business segments, namely agriculture, automotive and transportation, chemicals, construction, electronics and electric, energy and resources, furniture and wood, home care and I&I cleaning, nutrition, packaging and print, paints and coatings, personal care and hygiene, pharmaceutical, plastics and rubber, pulp and paper, leather, footwear, and textile. The nutraceutical ingredients are offered under the Nutrition segment, which offers nutrition and care ingredients for consumer products in the area of nutrition (human and animal nutrition), home and personal care. Human nutrition includes different nutritional ingredients based on age groups (adult & parenthood, childhood & adolescence and seniors). Animal nutrition offers various nutritional ingredients for different species.
BASF SE has a presence in over 90 countries across North America, Europe, Asia-Pacific, Middle East, Africa, Central America, and Latin America.
Founded in 1972 and headquartered Ireland, Kerry Inc. is involved in manufacturing and marketing of different products. The company operates through two business segments as Taste & Nutrition and Consumer Foods. The nutraceutical ingredients are offered through the taste and nutrition segment, which offers customized taste and nutrition systems, nutritional and functional ingredients, and pharmaceutical systems. The nutritional and functional ingredients include different nutritional ingredients with the applications in nutritional beverages, infant nutrition, bakery, sports nutrition, and healthcare.
Kerry Inc. Group has a geographic presence across North America, Europe, Asia-Pacific, Middle East, Africa, and Latin America.
Glanbia Plc
Founded in 1997 and headquartered in Kilkenny, Ireland; Glanbia Plc is involved in production of high-quality nutritional ingredients and consumer products. The company operates through three business segments Glanbia Performance Nutrition, Glanbia Nutritionals and Glanbia Ireland. The company offers nutraceutical ingredients through Glanbia nutritionals segment, which deals with the production of nutrition ingredient and products having application in bars, cereals and snacks, cheese, sports &performance nutrition, lifestyle nutrition &supplements, early life, functional beverage, fresh dairy, clinical &medical nutrition, dressings, sauces &spreads, bakery, cosmetics & personal care, and animal nutrition.
Glanbia Plc has a presence in over 34 countries across North America, Europe, and Asia-Pacific. The subsidiary of the company operating in nutraceutical ingredients includes Glanbia Nutritionals.
Popular Mentions: Associated British Foods plc, Arla Foods, Ajinomoto Co. Inc., and Chr. Hansen Holding A/S
Authoritative Research on the Nutraceutical Ingredients Market – Global Opportunity Analysis and Industry Forecast (2023-2030)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
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