DSM, BASF SE, and Kerry are Dominating the Global Bioactive Ingredient Market in 2020

Global Bioactive Ingredient Market is expected to grow with the CAGR of 7.7% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global bioactive ingredient market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global bioactive ingredient market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In 2021 June, Probi and Oriflame have entered into agreement of a global launch of a probiotic supplement within general gut health. The product contains a scientifically proven probiotic strain with documented health effects and is a customer specific formulation, kindly based on Probi’s concept called Probi Digestis. This development has helped the company to expand company’s global presence and increase brand recognition.
  • In 2021 June, Arla Foods Ingredients Group P/S introduced a new whey protein hydrolysate component that addresses taste issues in products for individuals suffering from mal-digestion or malabsorption. This implementation was made to expand their presence in European countries.

Bioactive Ingredient Market DSM

DSM headquartered in Heerlen, Netherlands which was founded in 1902 as public ownership. The company is engaged in creating science base solutions in health, nutrition, sustainable living. The company have business segment which are Nutrition, Materials, Innovation Center, Corporate Activities, Elimination under which Nutrition is our market focus category. The company have wide product category Nutritional Product, Animal Nutrition, Human Nutrition, Personal Care & Aroma Ingrediants, Pharmaceutical Solutions, Food Specalities, Hydrocolloids, Engineering Materials, Productive Materials, Bio-Medical, Bio-Based Product & Services, Venturing out of which our focused product category is Animal Nutrition, Human Nutrition. The company has wide global presence across the Americas, Asia-Pacific, and Europe.

  • In 2020 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 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 sustainability.

BASF SE

BASF SE headquartered in Ludwigshafen, Germany which was founded in 1865 as public ownership. The company is engaged in manufacturing and commercializing wide range of products including agriculture, automotive & transportation, chemicals and coatings solutions across the world. The company have business segment which are Materials, Industrial Solutions, Chemicals, Surface Technologies, Nutrition & Care, Agricultural Solutions and Others under which Nutrition & Care is our market focus category. The company have wide product category Agriculture, Automotive & Transportation, Chemicals, Nutrition, Paint & Coatings, Personal Care & Hygiene, Energy and Resources, Plastics & Rubber out of which our focused product category is Nutrition. The company has wide global presence across the Americas, Asia-Pacific, Europe, Middle East and Africa.

  • In 2020 December, BASF SE and Adifo Software collaborated on feed formulation optimization to enable more sustainable animal protein production. This partnership was formed in order to extend the feed formulation in all locations.

Kerry

Kerry is headquartered in Naas, Ireland as public ownership. The company is engaged in the production of food and ingredients for various sectors. The company have business segment which are Taste & Nutrition, Consumer Foods under which Taste & Nutrition is our market focus category. The company has product category which are Beta Glucan, Dairy, Lipids and Bases, Prebiotics and Probiotics, Proteins, Nutrition out of which Nutrition is market focused segment. The company has wide global presence in Asia-Pacific, Middle East and Africa, Europe, Americas.

  • In 2021 June, Kerry hosted a webinar on mastering taste in plant-based foods featuring expert line-up speakers. It focussed on taste solutions for plant-based food products. The development has helped the company to create awareness about plant nutrition among common people.