Nutraceutical Excipients Market by Form (Dry, Liquid), Source (Inorganic Chemical, Organic Chemical), Function - Global Forecast 2024-2030

Nutraceutical Excipients Market by Form (Dry, Liquid), Source (Inorganic Chemical, Organic Chemical), Function - Global Forecast 2024-2030

The Nutraceutical Excipients Market size was estimated at USD 4.19 billion in 2023 and expected to reach USD 4.46 billion in 2024, at a CAGR 6.77% to reach USD 6.63 billion by 2030.

Nutraceutical excipients are inactive substances formulated alongside the active ingredients of a nutraceutical product. These excipients serve various functions, such as aiding in product stability, enhancing bioavailability, or improving the overall product aesthetic, such as taste or appearance. This market caters to the application of excipients in the form of binders, fillers, diluents, disintegrants, and coatings, among others, in the nutraceutical industry. Increasing health awareness with the rise in chronic diseases is expanding the consumption of nutraceuticals, subsequently driving the growth of the nutraceutical excipients market. Additionally, the expansion of the dietary supplement market and increased demand for functional foods have spurred the development of innovative nutraceutical excipients. Stringent regulatory requirements for approval and the complexity involved in formulating excipients that are compatible with a range of active ingredients hampers the growth of the market. Rising research and development for excipients that enhance the bioavailability of nutraceuticals represents an opportunity for the growth of the nutraceutical excipients market.

Regional Insights

In the Americas, nutraceutical excipients are bolstered by a presence of robust and health-conscious consumer base with a high demand for functional foods and dietary supplements. Customers are inclined towards transparent labeling and clean excipients that align with their dietary preferences and lifestyle choices. Research initiatives are blending technology with health, as seen in the adoption of advanced delivery systems for improved bioavailability. The European Union exhibits a high level of regulatory rigor in the nutraceutical sector, promoting the safety and efficacy of products. Consumers in the region are inclined towards nutraceuticals with clinically proven health benefits and minimal processing. The EU's Novel Food Regulation is instrumental in guiding new excipients entering the market. Recent patents in the region emphasize innovative botanical extracts and synergistic combinations of excipients that enhance product stability and functionality. Asia-Pacific’s nutraceutical excipients market is rapidly expanding, driven by a growing middle class and an increasingly elderly population. Traditional Chinese Medicine (TCM) influences the development and marketing of nutraceutical products. Patents in the region often incorporate herbal and natural components, with significant investments in research to validate the efficacy of these traditional excipients in modern applications. Middle East and Africa are experiencing rising demand for dietary supplements and functional foods due to a growing expatriate population and an increase in lifestyle-related diseases.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Nutraceutical Excipients Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Growing applications in the food and beverage sector and dietary supplements industry
Rising number of health-conscious consumers with increasing demand for fortified food products
Increasing preference for preventative healthcare

Market Restraints

High costs of nutraceutical excipients

Market Opportunities

Growing development of natural and organic nutraceutical excipients
Significant emphasis on the usage of multifunctional nutraceutical excipients

Market Challenges

Compatibility issues with nutraceutical excipients

Market Segmentation Analysis

Form: Growing significance of dry form nutraceutical excipients due to their stability and ease of handling
Source: Growing potential of organic chemicals suitable for formulations and derived from natural or synthetic processes
Function: Increasing demand for nutraceutical excipients as binders to ensure that tablets and capsules stick together

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Nutraceutical Excipients Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Nutraceutical Excipients Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Roquette Introduces New Chapter in Moisture Protection

Roquette expanded its premier nutraceutical and pharmaceutical excipients portfolio with the introduction of three innovative excipient grades engineered to enhance the stability and moisture management for moisture-sensitive active ingredients. At the CPHI Barcelona event, Roquette showcased LYCATAB CT-LM, a specially tailored partially pregelatinized starch, along with two superior grades of microcrystalline cellulose, MICROCEL103 SD and MICROCEL 113 SD, designed to offer heightened protection against moisture. This new range of excipients, part of Roquette's extensive moisture protection collection, features low water activity (Aw) attributes, which are critical in promoting efficient drug development across varied production techniques and formulation demands. Roquette continues to affirm its commitment to delivering cutting-edge solutions that address the intricate challenges faced by pharmaceutical manufacturers in ensuring drug effectiveness and reliability.

Lubrizol Launches Carbopol Polymers for Nutraceuticals with New EU Food Grade Approval

The Lubrizol Corporation secured EU food-grade approval for their Carbopol Polymers, a move that promises to revolutionize the nutraceutical industry. This accreditation empowers manufacturers within the EU to enhance their product offerings and assert new, innovative claims about their items. These polymers are reliable and proven excipients for creating high-value nutraceutical products. Furthermore, they possess distinctive properties that ensure the consistent and stable release or suspension of active nutraceutical ingredients, thus guaranteeing a steady delivery of the health benefits they promise.

Univar Solutions Expands Specialty Pharmaceutical and Nutraceutical Ingredient Portfolios with Grace SYLOID FP Silica for Majority of Europe

Univar Solutions Inc. announced a distribution agreement with W. R. Grace & Co. for their SYLOID FP silica excipient in the pharmaceutical and nutraceutical industries across the majority of European nations. This new partnership builds on a well-established global relationship that includes the United States, Brazil, Mexico, and most of Europe, making SYLOID FP silica—a versatile excipient favored in a range of drug delivery systems and dietary supplements—readily available to customers.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Nutraceutical Excipients Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Nutraceutical Excipients Market, highlighting leading vendors and their innovative profiles. These include Akzo Nobel N.V., Ashland Global Holdings Inc., BASF SE, Cargill, Incorporated, Colorcon Inc., Croda International PLC, DuPont de Nemours, Inc., Evonik Industries AG, Gattefossé, Grain Processing Corporation (GPC), Hilmar Ingredients, IMCD N.V., Ingredion Incorporated, Innophos Holdings Inc., Innospec Inc., Kerry Group PLC, Kewpie Corporation, Lonza Group Ltd., Lubrizol Corporation, Meggle Group, Merck KGaA, Mitsubishi Chemical Holdings Corporation, Nutra Healthcare, Roquette Frères, Sensient Technologies Corporation, Signet Chemical Corporation Pvt. Ltd., and Wacker Chemie AG.

Market Segmentation & Coverage

This research report categorizes the Nutraceutical Excipients Market to forecast the revenues and analyze trends in each of the following sub-markets:

Form
Dry
Liquid
Source
Inorganic Chemical
Organic Chemical
Function
Binders
Coating Agents
Disintegrants
Fillers & Diluents
Flavoring Agents
Lubricants
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

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