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Increasing organic and natural ingredient consumption is likely to stimulate innovation in bioactive ingredient manufacturing, propelling the market during the forecast period.

The global bioactive ingredients market is expected to grow from $41.97 billion in 2022 to $45.28 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The global bioactive ingredients market size is expected to reach $60.6 billion in 2027 at a CAGR of 7.6%.

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Global Bioactive Ingredients Market Segments Include:

• By Product: Fiber, Vitamins, Omega 3 PUFA, Plant Extracts, Minerals, Carotenoids And Antioxidants, Probiotics, Other Products
• By Source: Plant, Animal, Microbial
• By Application: Functional Food And Beverage, Dietary Supplements, Clinical Nutrition, Personal Care, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global bioactive ingredients market in 2021.

Major Market Players in the bioactive ingredients market include Sabinsa Corporation, Archer Daniels Midland Company (ADM), BASF SE, Cargill, Incorporated, Ajinomoto Co., Inc., DuPont, Roquette Frères, Owen Biosciences Inc., Sensient Technologies.

Product innovations are a hot trend in the bioactive ingredients market. To maintain their market position, major bioactive ingredient firms are introducing unique products. For example, in April 2022, Demetrix, Inc., a biotechnology company based in the United States that specialises in developing and manufacturing bioactive compounds, announced the commercial-scale launch of Arete-G, the company’s proprietary CBG and a rare cannabinoid found in the cannabis sativa plant. CBG for eye discomfort was evaluated in vitro utilising the Chorioallantoic Membrane Vascular Assay (CAMVA) and the Bovine Corneal Opacity and Permeability (BCOP) assays. Neither the 1% CBG cream nor the 10% CBG in caprylic/capric triglyceride formulations tested irritating in the skin.

The Bioactive Ingredients Global Market Report 2023  provides a bioactive ingredients market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The bioactive ingredients market forecast analyzes bioactive ingredients market size, bioactive ingredients market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Bioactive compounds, also known as functional ingredients, are chemicals that have a specific biological effect on the body and are derived from dietary sources such as fruits, grains, and vegetables. These chemicals may have a number of health benefits, including immune system booster, anti-inflammatory, antioxidant, anti-cancer, and effects.

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