Global natural (vitamin E) tocotrienols segment to witness a CAGR of 20.6% over the next four years, opening up tremendous opportunities, finds Frost & Sullivan
LONDON, June 26, 2018 /PRNewswire/ -- Frost & Sullivan's recent analysis of the Global Phytonutrient Ingredients Market, Forecast to 2022 reveals that increased consumer awareness of nutritional benefits
"The 'Living Healthy' trend among consumers will propel the carotenoids, phytosterols, vitamin E, polyphenols, and flavonoids markets," said Arun Ramesh, Team Leader, Agriculture & Nutrition at Frost & Sullivan. "Furthermore, the global dietary supplements segment is expected to grow the fastest over the next five years due to increased incidence of heart diseases and obesity, and a rise in supplement prescriptions by doctors."
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To gain an advantage in a fragmented market, Ramesh recommends ingredient manufacturers expand their product portfolio through acquisitions to obtain technology access or partner with companies to develop their product range. Focusing on innovative marketing strategies and creating awareness among end consumers will augment advantages.
Eight key trends creating growth opportunities in the market include:
"Though consumers have benefitted from the wide range of supplements available in the market, their sub-standard quality has always been a formidable barrier to overcome," noted Ramesh. "False claims, deceptive marketing and advertisements, and inadequate clinical evidence on natural extracts by ingredient manufacturers are further factors hindering phytonutrient ingredients market growth."
Growth Opportunities in the Global Phytonutrient Ingredients Market, Forecast to 2022 market intelligence identifies advanced technologies, drivers and restraints, regional trends, market share and competitive environment for players such as BASF, DSM, Omniactive, Dow-Du Pont, Cargill, Kemin, and ADM. Growth opportunities, percent revenues and volume, market trends and product trends for segments such as flavonoids, polyphenols, phytosterols, beta-carotene and other carotenoids, natural vitamin E, and other phytonutrients ingredients are also provided.
Growth Opportunities in the Global Phytonutrient Ingredients Market, Forecast to 2022 is part of Frost & Sullivan's global Agriculture & Nutrition Growth Partnership Service program.
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Growth Opportunities in the Global Phytonutrient Ingredients Market, Forecast to 2022 K292_88
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