Global Bioactive Ingredient Market is forecasted to grow at 7.7% with factors such as rise in adoption of fall protection across various industrial domains in various regions.
Bioactive ingredient market has shown an exceptional penetration in countries such as China, Germany and U.S due to growing population and rising illness in major section of the society.
Bioactive ingredient Market Scenario
According to Data Bridge Market Research the market for fall protection in Asia-Pacific region has the highest market share followed by Europe and North America. Market leader is DSM which accounts an estimated market share of approximately 12% to 15% in the global fall protection market.. In In October 2020, Honeywell International inc announced miller H500 series that combines ergonomics and comfort initiative safety features to provide workers with more confidence when working at height. This development helped the company to increase revenue.
- In October, DSM company announced their acquisition with Erber Group’s Biomin and Romer Labs. Erber Group’s is for specialty animal nutrition and health business Biomin is specializes primarily in mycotoxin risk management and gut health performance management, whereas the Romer Labs business focuses on food and feed safety diagnostic solutions. Both expand DSM’s range of higher value-add specialty solutions. This acquisition further strengthens DSM’s expertise and reputation as a leading provider of animal health and nutrition solutions for farm productivity and sustainabilit.
Trends Impacting the Market
Now the question is which other regions DSM, Kerry, BASF SE. are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific bioactive ingredient market and the market leaders targeting Japan and India to be their next revenue pockets for 2020.
The bioactive ingredient market is becoming more competitive every year with companies such as regions DSM, Kerry, BASF SE. as they are the market leaders for bioactive ingredient . The data bridge market research new reports highlight the major growth factors and opportunities in the bioactive ingredient market.
Bioactive ingredient Market Development
DSM company announced their acquisition with Erber Group’s Biomin and Romer Labs. Erber Group’s is for specialty animal nutrition and health business Biomin is specializes primarily in mycotoxin risk management and gut health performance management, whereas the Romer Labs business focuses on food and feed safety diagnostic solutions. Both expand DSM’s range of higher value-add specialty solutions. This acquisition further strengthens DSM’s expertise and reputation as a leading provider of animal health and nutrition solutions for farm productivity and sustainabilit.
Scope of the bioactive ingredient Market
Global bioactive ingredient market is segmented By Ingredient Type (Prebiotics, Probiotics, Amino Acid, Peptides, Omega 3 And Structured Lipi, Phytochemicals & Plant Extracts, Minerals, Vitamins, Fibers And Specialty Carbohydrates, Carotenoids And Antioxidants And Others), Application (Functional Food, Dietary Supplements, Gummy Supplements, Animal Nutrition, Personal Care And Others) and Source (Plant, Animal And Microbial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Sweden, Denmark, Poland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, New Zealand, Vietnam, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa)
Global bioactive ingredient market is segmented into three notable segments which are based on the ingredient type, application and source.
- On the basis of ingredient type, the global bioactive ingredient market is segmented into prebiotics, probiotics, amino acid, peptides, omega 3 and structured lipi, phytochemicals & plant extracts, minerals, vitamins, fibers, and specialty carbohydrates, carotenoids and antioxidants and others. In 2021, the peptides segment is expected to dominate global bioactive ingredient market with 17.56% market share and is expected to reach USD 11,615,265.52 thousand by 2028 from USD 6,120,167.51 thousand in 2020 growing at the highest CAGR of 8.7% in the forecast period of 2021 to 2028.
- On the basis of application, global bioactive ingredient market is segmented into functional food, dietary supplements, gummy supplements, animal nutrition, personal care and others. In 2021, functional food segment is expected to dominate global bioactive ingredient market with 27.23% market share and is expected to reach USD 19,129,554.52 thousand by 2028 from USD 9,406,432.15 thousand in 2020 growing at the highest CAGR of 9.6% in the forecast period of 2021 to 2028.
- On the basis of source, global bioactive ingredient market is segmented into plant, animal and microbial. In 2021, plant segment is expected to dominate global bioactive ingredient market with 40.72% market share and is expected to reach USD 26,055,173.88 thousand by 2028 from USD 14,279,917.65 thousand in 2020 growing at the highest CAGR of 8.2% in the forecast period of 2021 to 2028
Key Pointers Covered in Hydrophobic coatings Market Industry Trends and Forecast to 2027
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- DSM,
- BASF SE ,
- Kerry,
- DuPont,
- ADM,
- Global Bio-chem Technology Group Company Limited,
- Evonik Industries AG,
- Cargill,Incorporated,
- Arla Food Ingredients Group P/S (a subsidiary of Arla Foods amba),
- FMC Corporation,
- Sunrise Nutrachem Group,
- Adisseo (a subsidiary of Bluestar Adisseo Co., Ltd.),
- Chr.Hansen Holding A/S,
- Sabinsa,
- Ajinomoto Co., Inc,
- NOVUS INTERNATIONAL (a subsidiary of Mitsui & Co. (U.S.A.), Inc.),
- Ingredion,
- Roquette Frères,
- Probi and
- Advanced Animal Nutrition Pty Ltd.
Above are the key players covered in the report, to know about more and exhaustive list of bioactive ingredient companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-bioactive-ingredient-market
Research Methodology: Global bioactive ingredient Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Marine Industry
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Related Reports
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- Global Bioactive Fillings Market
Browse in Chemical and Materials Category Related Reports@ https://www.databridgemarketresearch.com/report-category/chemical-and-materials
