Crop Protection Chemicals Market Size, Share, Trends, Competitive Landscape, Regional Analysis, and Forecast

The global crop protection chemicals market is estimated at USD 79.3 billion in 2024 and is projected to reach USD 101.0 billion by 2029, at a CAGR of 5.0% during the forecast period.  According to the Centre for Agriculture and Bioscience International (CABI), approximately 40% of global crop yields are lost annually due to pests, pathogens, and weeds, including the destructive Fall armyworm (FAW). This threat, intensified by climate change, poses significant risks to essential crops like maize, wheat, banana, and coffee, impacting household incomes, national economies, and global food security. Such challenges underscore the critical role of effective crop protection solutions in mitigating these risks. The demand for crop protection chemicals is therefore bolstered as farmers seek reliable methods to combat pests and diseases, ensuring stable yields and safeguarding agricultural production. This market growth is driven by the necessity for advanced formulations and technologies that can efficiently manage evolving pest pressures while supporting sustainable agricultural practices. As such, the ongoing need to protect crops from a wide array of threats continues to drive innovation and investment in the crop protection chemicals sector globally. 

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=380

By origin, the biopesticides segment is expected to grow at the highest CAGR during the forecast period in terms of value.

The overuse of chemical pesticides has led to increased pest resistance, reducing the effectiveness of these products. Biopesticides, with their unique modes of action, provide an alternative that can manage pest resistance issues. They often work in conjunction with chemical pesticides in integrated pest management (IPM) strategies, helping to mitigate resistance and extend the useful life of both biopesticides and chemical pesticides. Consumers are becoming more aware of the environmental and health impacts of chemical pesticides. This awareness is driving demand for organic and sustainably produced food, which in turn increases the demand for biopesticides. Farmers are responding to market demand by adopting biopesticides to meet consumer preferences for organic products. Governments and regulatory bodies are increasingly supporting the use of biopesticides through favorable policies and regulations. For example, the European Union's strict regulations on chemical pesticides encourage the adoption of biopesticides. Similarly, countries like the United States and India are implementing policies that promote sustainable farming practices and the use of biopesticides.

By crop type, cereals & grains are estimated to grow at the highest CAGR during the forecast period.

Cereals and grains are highly susceptible to a variety of pests and diseases. For instance, wheat rust, rice blast, and corn borers can cause significant yield losses. Effective crop protection chemicals, including fungicides, insecticides, and herbicides, are crucial in mitigating these threats and ensuring healthy crop yields. Many governments are investing in agricultural development to ensure food security. Subsidies and support for farmers to purchase and use crop protection chemicals are driving the growth of this market segment. For example, initiatives in countries like India and China aim to boost cereal and grain production through better pest management practices. Cereals and grains are cultivated on a vast scale globally. Regions like North America, Europe, and Asia-Pacific have extensive areas dedicated to these crops. The large-scale cultivation necessitates substantial use of crop protection chemicals to manage pests and diseases over large areas efficiently. For instance, the United States, one of the largest producers of corn, has seen consistent growth in the use of herbicides and insecticides to manage weeds and pests that threaten corn production. Similarly, in Asia, rice cultivation heavily relies on fungicides and insecticides to combat diseases like rice blast and pests like planthoppers.

By type, the herbicides segment is estimated to dominate the crop protection chemicals market.

Herbicides are crucial for managing weeds, which compete with crops for nutrients, water, and sunlight, significantly impacting crop yields. For example, glyphosate, one of the most widely used herbicides globally, has seen extensive application due to its effectiveness in controlling a broad spectrum of weeds. Glyphosate's market presence is significant, with sales reaching billions of dollars annually. Its use is particularly prominent in countries like the United States, Brazil, and Argentina, where large-scale, industrial farming is prevalent. Another example is atrazine, commonly used in corn production. Atrazine has been integral in managing weed populations and enhancing crop yields, especially in the United States, which leads global corn production. The effectiveness of atrazine in various climatic conditions and soil types has contributed to its widespread adoption, further solidifying the dominance of herbicides in the market. Furthermore, the development of herbicide-resistant crops, such as Roundup Ready soybeans, has bolstered herbicide usage. These genetically modified crops can withstand applications of specific herbicides, allowing farmers to manage weeds more effectively without harming the crops.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=380

The crop protection chemicals market in the South America region is expected to grow constantly during the forecast period.

South America boasts a vast and diverse agricultural landscape, with countries like Brazil and Argentina being major global producers of key crops such as soybeans, corn, sugarcane, and coffee. The region's extensive agricultural activities drive substantial demand for crop protection chemicals to ensure high yields and crop quality. The tropical and subtropical climates prevalent in much of South America create favorable conditions for a wide range of pests and diseases. Crops in the region are frequently threatened by insects, fungi, weeds, and pathogens, necessitating the use of effective crop protection chemicals to mitigate losses and maintain productivity. For example, soybean rust and the fall armyworm are significant threats that require robust chemical management. The region's integration into global agricultural markets through favorable trade policies and agreements enhances its competitiveness and export potential. High crop production for export markets necessitates rigorous pest and disease management to meet international quality standards, further fueling the demand for crop protection chemicals.

Key players in the crop protection chemicals market BASF SE (Germany), Bayer AG (Germany), FMC Corporation (US), Syngenta Group (Switzerland), Corteva (US), UPL (India), Nufarm (Australia), Sumitomo Chemical Co., Ltd (Japan), Albaugh LLC (US), Koppert (Netherlands), Gowan Company (US), American Vanguard Corporation (US), Kumiai Chemical Industry Co., Ltd (Japan), PI Industries (India), and Chr. Hansen A/S (Denmark).

Growth Strategies Adopted by Major Players in the Vitamin K2 Market

According to a research report "Vitamin K2 Market by Product Type (MK-4, MK-7), Source (Natural, Synthetic), Form (Capsules Tablets, Powder Crystalline, Oils Liquid), Application (Pharmaceutical, Functional Food Beverages, Health Supplements), Function - Global Forecast to 2029" published by MarketsandMarkets, the global vitamin K2 market, estimated to be USD 140 million in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 265 million by 2029, indicating a robust compound annual growth rate (CAGR) of 13.7% during the forecast period.

The demand for Vitamin K2 has also been spurred by its unique benefits, particularly its potential to improve calcium absorption and distribution in the body. Unlike Vitamin K1, which primarily contributes to blood clotting, Vitamin K2 has shown efficacy in directing calcium to the bones and away from the arteries. This has a significant impact on cardiovascular health, reducing the risk of arterial calcification, which is a concern as people age. Additionally, the association of Vitamin K2 with improved bone mineral density has driven interest among both aging populations and athletes looking to minimize bone loss due to high-impact sports.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80962397

The natural source segment is estimated to hold a larger share throughout the forecast period.

In the vitamin K2 market, the natural source segment is poised to dominate, driven by increasing consumer preference for organic and clean-label products. This segment is expected to capture a larger market share due to the growing awareness of the health benefits associated with natural sources of vitamin K2, such as natto. The demand surge is further fueled by the rising incidence of osteoporosis and cardiovascular diseases, which natural vitamin K2 is known to help mitigate. Companies are leveraging this trend by investing in advanced extraction techniques to ensure high purity and bioavailability of naturally sourced vitamin K2, thereby enhancing product appeal and marketability.

Among various forms of vitamin K2, capsules and tablets are experiencing the most rapid growth.

Consumers find capsules and tablets easy to incorporate into their daily routines, ensuring consistent intake of vitamin K2, which is crucial for supporting cardiovascular and bone health. The portability and precise dosing offered by these forms further enhance their appeal, particularly for individuals with busy lifestyles. Additionally, the rise in health awareness and the growing interest in preventive healthcare have significantly contributed to the surge in demand for vitamin K2 supplements.

As more research highlights the benefits of vitamin K2 in preventing osteoporosis, arterial calcification, and other health issues, consumers are increasingly turning to supplements to maintain their well-being. Capsules and tablets are preferred due to their longer shelf life compared to other forms. The pharmaceutical industry's advancements have also played a crucial role in the growth of this segment. Innovations in encapsulation technology have improved the bioavailability of vitamin K2 in capsules and tablets, ensuring that the body can effectively absorb and utilize the nutrient.

Make an Inquiry: 
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=80962397

Europe is poised to hold the second-most dominant position within the vitamin K2 market throughout the forecast period.

Europe is poised to take a dominant position in the Vitamin K2 market throughout the forecast period, driven by several key factors. One of the primary drivers is the increasing consumer awareness of the health benefits associated with Vitamin K2, particularly in promoting bone and cardiovascular health. As consumers become more informed about the potential advantages of this nutrient, there has been a surge in the adoption of Vitamin K2 supplements. Additionally, the rising preference for natural and plant-based nutritional products is fueling the demand for Vitamin K2, which aligns well with the broader trend toward holistic wellness.

Another factor contributing to Europe's market growth is the robust presence of established pharmaceutical and dietary supplement industries. These companies actively engage in research and development to offer innovative Vitamin K2-based products, further enhancing market growth. Moreover, stringent regulatory frameworks in the European Union ensure the safety and quality of dietary supplements, boosting consumer confidence and supporting the market’s expansion. Collectively, these factors position Europe as a significant player in the Vitamin K2 market during the forecast period.

The key players in the market are Gnosis By Lesaffre (Nattopharma) (France), Kappa Bioscience AS (Balchem Corp.) (US), J-Oil Mills, Inc. (Japan), Novozymes A/S (Denmark), BASF SE (Germany), Sungen Bioscience Co., Ltd (China), Vesta Nutra (US), Richen (China), Menadiona (Spain), and GENOFOCUS (South Korea).

Rodenticides Market Size, Trends, Outlook, Insights, Overview 2024-2029

The rodenticides market size is undergoing rapid growth due to a variety of factors. The expansion of urban areas and industries typically leads to a rise in rodent populations, driven by factors like heightened waste production and habitat disruption. Consequently, this increases the demand for rodenticides to manage these pest infestations. Similarly, fluctuations in weather conditions, including temperature, precipitation, and seasonal changes, can impact rodent populations by influencing their breeding patterns and habitat selection. Instances of extreme weather events may further increase rodent activity, consequently affecting the demand for rodenticides.

Rodenticides Market Driver: Displacement of rodents due to urbanization

Urbanization significantly influences land use, especially in developing countries where it's anticipated that 90% of the population will live in urban areas. This shift is likely to affect public health as rural pathogens adapt to urban environments, increasing their prevalence. According to a Rentokil article, constructing new buildings often displaces rat populations, driving them into urban settings. A report by the Building and Construction Authority (BCA) highlights a growing demand for construction activities, which can disrupt rodent nesting areas in rural regions and push them towards urban areas. Black rats, as noted in a recent Frontiers article, are a common urban species capable of thriving amidst environmental changes caused by human activities. Therefore, the rise in urbanization emphasizes the need for effective rodent control, particularly in emerging urban areas.

Increase in demand for rodent pest control services from the hospitality and tourism sectors

The increasing demand for maintenance services to manage rodent pests and prevent potential damage is driving growth in the rodenticide market. This demand is fueled by heightened interest in recreational activities. Key sectors such as entertainment, warehousing, construction, food service, pharmaceuticals, and hospitality significantly contribute to the rising need for pest control products and services, especially for rodent management. Economic losses caused by rodent-related damages notably impact the tourism industry. The expansion of urban hospitality and entertainment sectors, driven by consumer purchasing power, emphasizes the importance of effective rodent control measures to maintain aesthetic appeal and ensure customer satisfaction.

According to the World Health Organization (WHO), urban pests present serious public health risks. Over the past decade, there has been an increase in hospital admissions due to insect bites and wasp stings, highlighting the critical role of pest control in protecting public health. Additionally, pest-borne diseases can lead to economic losses, particularly affecting the tourism industry. Therefore, it is essential to evaluate the impact of pest control solutions in commercial establishments on user health, especially in reducing microbial contamination.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=189089498

The Urban Centers segment is expected to hold the largest market share in the end use segment of the rodenticides market.

Urban areas, with their dense populations, provide abundant food and shelter for rodents. The close arrangement of buildings, infrastructure, and waste management systems creates ideal conditions for rodent infestations to thrive. Numerous structures in cities, including buildings, sewers, and subway systems, offer shelter and nesting sites for rodents. Structural flaws like cracks and crevices in buildings act as entry points, allowing rodents to access indoor spaces and increasing the likelihood of infestations.

North America to dominate the rodenticides market during the forecast period.

North America has over 400 species of rodents, many of which have adapted to human environments and are considered pests in urban, agricultural, and forestry settings. Climatic changes, such as mild winters and warm springs, have fueled the reproduction and survival of certain rodent species, leading to outbreaks like that of house mice in the US. Major service providers report that approximately 60% of the global servicing market is attributed to North America, encompassing the United States, Canada, and Mexico. Rollins, Inc., Rentokil Initial plc, and Ecolab emerge as leading companies in this market segment, owing to the proliferation of services in the US and the high urbanization rates in both the US and Canada. These factors have led to an increase in rodenticide applications in North America.

Top Companies in the Rodenticides Market

The key players in this market include BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), UPL (India), Neogen Corporation (US), Anticimex (Sweden), Ecolab (US), Rentokil Initial plc (UK), Senestech, Inc. (US), Rollins, Inc. (US), Liphatech, Inc. (US), JT Eaton & Co., Inc. (US), PelGar International (UK), Bell Laboratories Inc. (US), and Abell Pest Control (Canada).

Agriculture Adjuvants Market Segmentation, Industry Analysis, Opportunities, and Forecast

The agriculture adjuvants market size is projected to grow from USD 3.8 billion in 2023 to USD 4.8 billion by 2028 growing at a CAGR of 4.7% during the forecast period. The agricultural adjuvants industry is growing because of the growing demand for sustainable pest management of farming operations. Additionally, the increased focus on food security is projected to fuel the development of agricultural adjuvants.

Agriculture Adjuvants Market Driver: Increase in the use of natural & sustainable adjuvants

Awareness of the environmental and health risks posed by chemically derived adjuvants has been increasing. Consequently, government authorities and adjuvant manufacturers are now prioritizing renewable and sustainable products. Companies are actively addressing the demand for natural adjuvants. For example, in March 2020, Stepan Company acquired Logos Technologies LLC's NatSurFact business, which offers a line of bio-surfactants based on rhamnolipids sourced from renewable materials.

Agriculture Adjuvants Market Opportunities: Precision farming techniques to boost the application of adjuvants

Precision farming techniques, such as aerial spraying, smart irrigation, and variable rate application, are gaining popularity worldwide. Agriculture adjuvants optimize the performance of these techniques by ensuring better coverage, absorption, and penetration of agrochemicals, thereby creating opportunities for adjuvant manufacturers.

The cereals & grains crop type segment held the largest market share in the agricultural adjuvants market in 2022

Agricultural adjuvants play an essential role in agriculture’s cereal and grain segment. According to FAO, in 2022/23, global cereal production stood at 2,786.6 million tons, with wheat contributing 800.9 million tons and rice 516.9 million tons of production. With the growing production and demand for cereals & grains, the utilization of agricultural adjuvants is growing. Celeral & grains are consumed as a staple food in most countries worldwide, and protecting these crops from weather, pests, and weeds requires agricultural adjuvants. This is increasing the demand for agricultural adjuvants in cereals & grains.

North America held the largest share of the agricultural adjuvants market in 2022

The demand for agricultural adjuvants in North America is experiencing substantial growth due to several key factors. The increased cultivation of industrial crops such as corn and soybean is a major driver of this market expansion. According to reports from the United States Department of Agriculture (USDA), the US produced 13.7 billion bushels of corn and 4.28 billion bushels of soybean in 2022. Despite a decline in the production of these crops in 2021, the use of agricultural adjuvants in the region is rapidly increasing.

Top Companies in the Agriculture Adjuvants Market

The key players in the agriculture adjuvants market include Corteva Agriscience (US), Evonik Industries AG (Germany), Croda International Plc (UK), Nufarm Limited (Australia), Solvay SA (Belgium), BASF SE (Germany), Huntsman International LLC. (US), Clariant AG (Switzerland), Helena Agri-Enterprises, LLC (US), and CHS Inc. (US).

Precision Fermentation Ingredients Market Size, Share, Trends, and Forecast (2023-2030)

The global precision fermentation ingredients market, valued at USD 2.8 billion in 2023, is projected to soar to USD 36.3 billion by 2030, with a remarkable CAGR of 44.0%. This growth is largely driven by the production of precision-fermented ingredients that boast a reduced carbon footprint. The increasing demand for these ingredients arises from their ability to precisely engineer specific molecules, fueling innovation across the food, pharmaceutical, and cosmetics industries, and facilitating the development of unique and unparalleled products.

Precision Fermentation Ingredients Market Drivers: Growing adoption of vegan as well as meat-free lifestyles

According to research conducted by The Hartman Group, the landscape of the North American precision fermentation ingredients market is poised for a transformative shift Around 40% of U.S. adults, over 90 million individuals, are ready to embrace precision fermentation products, projected to reach 132 million consumers by 2027. Younger generations are receptive due to environmental concerns and sustainability, with the second most influential factor being the positive impact on the environment. This aligns with their preference for sustainable consumption. The link between precision fermentation and sustainability, including reduced greenhouse gas emissions, natural farming, and sustainable packaging, offers innovation potential. Millennials and Gen Z are willing to pay up to 10% more for such products. This technology serves as a catalyst for a more sustainable and technologically advanced market landscape shaped by evolving consumer preferences and environmental consciousness. This trend invariably is supporting the precision fermentation ingredients market growth.

Download PDF Brochure: 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=30824914

By end-use industries, the pharmaceuticals segment is projected to grow with the second-highest CAGR in the precision fermentation ingredients market during the forecast period.

Advancements in biotechnology are driving significant growth, particularly through pioneering efforts in precision fermentation. This innovative technique plays a fundamental role in generating intricate pharmaceutical compounds efficiently. By precisely manipulating microorganisms, it enables cost-effective synthesis of active pharmaceutical ingredients (APIs), thereby accelerating drug development processes. Notably, this method reduces dependence on conventional extraction methods, leading to streamlined production, minimized environmental footprint, and enhanced product consistency. As the pharmaceutical sector prioritizes sustainable and regulated manufacturing approaches, precision fermentation emerges as a transformative force, reshaping the industry's landscape.

By microbe type, the fungi segment constitutes around one-fourth of the global demand.

Extensive exploration and development efforts within the realm of precision fermentation have facilitated the transformation of animal-free protein alternatives by harnessing microbes like bacteria, yeast, and fungi. One key advantage of leveraging fungal metabolic engineering lies in their eukaryotic origins, enabling them to effectively tolerate and express heterologous eukaryotic proteins and enzymes. This capability ensures proper protein folding and post-translational modifications. Notably, Better Meat Co., a US-based firm, pioneered a process for biomass protein extraction from the filamentous fungi Neurospora crassa. Additionally, in February 2022, the VTT Technical Research Centre of Finland achieved a breakthrough by producing egg white protein (ovalbumin) from fungi through precision fermentation.

Top Companies in the Precision Fermentation Ingredients Market

Key players operating in this market include Geltor (US), Perfect Day, Inc. (US), The Every Co. (US), Impossible Foods Inc. (US), Motif FoodWorks, INC. (US), Imagindairy Ltd. (Israel), Shiru, Inc. (US), Formo (Germany), Eden Brew (Australia), Change Foods (US), and New Culture (US).

Modified Starch Market Analysis, Industry Size, Share, Key Players, and Forecast To 2027

The global modified starch market is estimated to be valued at USD 13.7 billion in 2022. It is projected to reach USD 15.9 billion by 2027, recording a CAGR of 3.1% during the forecast period. Modified starches are derived from native starches through a variety of processing techniques, including physical, enzymatic, wet-and-dry chemical processes, drum drying, and extrusion. These methods alter the characteristics of native starch, enhancing properties like freeze-thaw stability, resistance to acids or alkalis, and shear stability to fulfill diverse industrial needs. These modified starch products serve various functions such as thickening, stabilizing, binding, and emulsification in both food and non-food applications, including the animal feed sector.

​

Download PDF Brochure: 

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=511

Cassava is the fastest growing raw material segment in the global modified starch 

Cassava stands out as a crucial starch crop worldwide, boasting a lengthy tuberous root that serves as a cornerstone ingredient in numerous Latin American and Caribbean dishes. Widely cultivated across Africa and Asia, cassava reigns as the most cost-effective source of starch globally. With forecasts of shortages in corn and wheat, the spotlight inevitably turns to cassava (or tapioca) starch. Tapioca, derived from cassava roots, shares functional properties akin to corn starch, amplifying its appeal.

Modified tapioca starch finds extensive application across various industries including food & beverages, paper, textiles, chemicals, construction, adhesives, and pharmaceuticals. Its neutral taste renders it an ideal addition to both food and feed formulations. In the realm of global modified starch market trends, Asia takes center stage, with cassava starch projected to be a pivotal driver, particularly in China and India where convenience food markets thrive.

Feed market is a relatively untapped and small market in comparison to other non-food applications and the rapidly growing food & beverage market.

Modified starch serves as a crucial component in animal feed, particularly as a milk substitute and energy source, enhancing digestibility and promoting weight gain in livestock. Companies are actively exploring extraction and processing techniques to uncover novel applications for modified starch in feed production. In swine feed, starch stands as the primary carbohydrate source, with potato starch offering growth benefits when substituted for corn in weaning pigs. For ruminants, modified starch serves as a milk alternative for newborn calves, augmenting carbohydrate intake to enhance digestibility and weight gain. While swiftly processed by rumen, excessive consumption may lead to acidosis in cattle, posing potential harm.

Request for Sample Pages: 
https://www.marketsandmarkets.com/requestsampleNew.asp?id=511

Asia Pacific is the largest and fastest growing region in the modified starch market and anticipated to maintain its dominance over the forecast period.

The Asia Pacific region dominates the modified starch market, poised for significant growth due to heightened demand in major economies like China, India, Japan, and across Southeast Asia. Unlike elsewhere, where large corporations largely monopolize starch processing, the Asia Pacific landscape sees a proliferation of small and medium-sized enterprises in this sector. Traditionally, native starch has been the cornerstone of food production in this region, but rapid technological advancements are reshaping industrial practices. Modified starch is now in high demand across diverse industries, with many integrating it into their manufacturing processes and products to meet evolving consumer needs.

Top Modified Starch Companies

The key players in this market include ADM (US), Cargill (US), Ingredion (US), Tate & Lyle (UK), Roquette Frères (France), Avebe U.A (Netherlands), Grain Processing Corporation (US), Emsland (Germany), AGRANA (Austria), SMS Corporation (Thailand), Global Bio-Chem Technology Group (Hong Kong), SPAC Starch (India), Qindao CBH Company (China), Tereos (France), and KMC (Denmark).

Carotenoids Market Size, Top Key Players, Growth, Trend Analysis, and Forecast To 2029

The carotenoids market size is projected to reach USD 3.4 billion by 2029 from USD 2.5 billion by 2024, at a CAGR of 6.3% during the forecast period in terms of value. Demand for dietary supplements is increasing, leading to higher consumption of natural carotenoids. There is a growing need for sustainable, natural, clean label, natural carotenoids that contribute to market expansion. Changing dietary preferences and the awareness of health and wellness further propel market growth. Overall, these trends highlight the growing significance and adoption of carotenoids.

Carotenoids Market Trends

Here are some of the carotenoids market trends-

• Growing Demand in Food and Beverage Industry: Carotenoids are widely used as natural colorants and nutritional additives in various food and beverage products. The increasing consumer preference for natural ingredients has been driving the demand for carotenoids in this sector.
• Health and Wellness Trends: Carotenoids such as beta-carotene, lycopene, and astaxanthin are renowned for their antioxidant properties and health benefits. With the rising awareness of the importance of nutrition in maintaining health and preventing diseases, the demand for carotenoid-rich supplements and functional foods has been on the rise.
• Expansion in Cosmetics Industry: Carotenoids are also utilized in the cosmetics industry for their skin-enhancing properties. They are incorporated into skincare and beauty products due to their antioxidant and anti-inflammatory characteristics. The trend towards natural and organic cosmetics has further boosted the demand for carotenoids in this sector.
• Technological Advancements in Production: Continuous advancements in biotechnology and extraction techniques have enabled more efficient and sustainable production of carotenoids. This has contributed to an increase in the availability of carotenoid-rich ingredients for various applications.
• Focus on Sustainability and Clean Labeling: Consumers are increasingly concerned about the environmental impact of the products they consume. As a result, there is a growing demand for sustainably sourced carotenoids and products with clean labelling, indicating natural and environmentally friendly ingredients and processes.
• Rising Demand in Emerging Markets: Emerging economies, particularly in Asia-Pacific and Latin America, are witnessing a surge in demand for carotenoids due to changing dietary habits, increasing disposable income, and growing awareness of health and wellness. This presents significant opportunities for market expansion in these regions.
• Research and Development: Ongoing research into the health benefits and potential applications of carotenoids continues to drive innovation in the industry. This includes exploring novel sources of carotenoids, developing new formulations, and discovering additional health-promoting properties, which could further fuel market growth.

Carotenoids Market Driver: Increased use of natural carotenoids as food and beverage colorant.

The shift towards natural and clean label ingredients in the food industry has spurred increased utilization of natural carotenoids as food colorants. Carotenoids, found in fruits, vegetables, and algae, serve as appealing substitutes to synthetic colors due to their perceived health benefits and clean label appeal. Consumers seek products with recognizable, natural ingredients like beta-carotene, lycopene, and astaxanthin, which not only provide vibrant colors but also offer antioxidant properties. With a growing demand for natural ingredients and a preference for brightly colored foods, food manufacturers must prioritize understanding these trends to effectively meet consumer expectations and influence purchasing decisions. Consequently, incorporating natural carotenoid extracts across dairy, bakery, confectionery, beverages, and snacks enables versatile color applications in response to evolve consumer preferences.

In by application segment, food & beverage segment is expected to grow at highest CAGR during the forecast period.

The food and beverage segment in the carotenoid market is witnessing the highest growth rate due to several key drivers. Firstly, increasing consumer demand for natural and healthy food additives drives the incorporation of carotenoids as natural colorants and functional ingredients. Secondly, growing awareness of the health benefits associated with carotenoids, such as antioxidant properties and potential disease prevention, fuels their utilization in a wide range of food and beverage products. Additionally, the rise in innovative product development and the introduction of clean-label products further stimulate market growth in this segment, catering to evolving consumer preferences for natural and nutritious food options.

Top Carotenoids Companies

The key players in the market include BASF SE (Germany), DSM (Netherlands), Cyanotech Corporation (US), Givaudan (Switzerland), ADM (US), NHU (China), Divi's Laboratories Limited (India), Allied Biotech Corporation (Taiwan), Lycored (US), Kemin Industries, Inc. (US), Fuji Chemical Industries Co., Ltd. (Japan), EW Nutrition (Germany), Döhler GmbH (Germany), ExcelVite (Malaysia) and Farbest Brands (US). These market participants are emphasizing the expansion of their footprint via agreements and partnerships. They maintain a robust presence in North America, Asia Pacific, South America, RoW, and Europe, and they are supported by manufacturing facilities and well-established distribution networks spanning these regions.

Foliar Spray Market Growth, Competitive Analysis, and Future Prospects

The global foliar spray market is expected to grow from USD 7.3 billion in 2023 to USD 9.6 billion by 2028, at a compound annual growth rate (CAGR) of 5.5% during the forecast period. Foliar spray is a technique used in agriculture to apply nutrients or pesticides directly to the leaves of a plant. The foliar spray market refers to the industry that supplies products used in this technique, including fertilizers, herbicides, insecticides, and other plant nutrients. Foliar sprays are known for their quick response time and ability to improve the yield and quality of crops. They are also effective in controlling diseases, pests, and weeds. The market includes a wide range of products, from traditional chemical-based sprays to organic and bio-based alternatives. Factors such as environmental concerns and regulations, the increasing demand for high-quality crops and the need for efficient crop management practices are driving the demand for more sustainable and eco-friendly solutions in the foliar spray market.

Foliar Spray Market Driver: Increasing demand of high-quality crops

The increasing demand for high-quality crops is significantly driving the foliar spray market. Modern consumers, who are more health-conscious, seek nutrient-dense, high-quality food. Consequently, farmers face mounting pressure to produce crops that fulfill these expectations. Foliar spraying offers an effective solution by delivering essential nutrients directly to plant leaves, thereby enhancing growth, yield, and quality. This method is especially advantageous in conditions of low soil fertility or in high-density plantings where soil nutrient access is restricted. Foliar sprays supply a diverse array of nutrients, such as nitrogen, phosphorus, potassium, calcium, magnesium, and various micronutrients, all vital for plant growth. These nutrients not only boost crop quality by enhancing nutritional content, flavor, and shelf life but also help increase yields. By directly applying nutrients to the leaves, foliar sprays enable crops to reach their full potential, resulting in higher yields and more bountiful harvests. As the demand for superior quality crops escalates, the adoption of foliar sprays is expected to grow. Farmers utilizing foliar sprays can produce crops that meet consumer demands while simultaneously enhancing their profitability through improved harvest quality and yield.

Foliar Spray Market Opportunities: Meeting the increasing demand for high-quality foods

The increasing demand for high-quality food products is fueling the need for sustainable and eco-friendly agricultural practices. This trend is expanding the market for foliar sprays, which provide an effective and efficient means of enhancing crop yield and quality. Additionally, growing awareness of the benefits of foliar sprays is leading to greater adoption by farmers and growers. The imperative to improve crop productivity to meet the escalating food demand presents a significant opportunity for the foliar spray market. Foliar sprays offer a cost-effective and efficient solution to boost crop yields and productivity, helping to satisfy population demands. Furthermore, the shift towards sustainable agricultural practices is opening new avenues for the foliar spray market, as farmers and growers seek methods to minimize their environmental footprint.

Based on Application, the horticultural crops segment is estimated to account for the highest growth of the foliar spray market

Foliar sprays are a widely used technique in horticultural crops for various purposes, including nutrient management, disease control, and growth promotion. They are particularly beneficial for supplementing nutrients in crops experiencing deficiencies, especially when soil nutrient levels are low and plant growth is hindered. This method provides a quick and efficient way to deliver nutrients directly to plants, ensuring rapid uptake and utilization. Additionally, foliar sprays are an integral part of integrated pest management (IPM) programs, helping to reduce pest populations and prevent pesticide resistance. Growth regulators, such as cytokinins and gibberellins, are also applied through foliar sprays to stimulate plant growth, increase fruit size, and enhance crop yields.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=147891879

Europe had a market size of USD 2.9 billion, and the market is projected to grow with a CAGR of 5.4% during the forecast period (2023-2028)

The Europe foliar sprays market is experiencing significant growth due to the rising demand for high-quality crops and the need to maximize yield sustainably. Key factors driving this market include a growing population, shrinking arable land, and an increased demand for nutritious, chemical-free food and agricultural products. Consumers are seeking crops that are both healthy and free from harmful pesticides. Foliar sprays provide an effective method for delivering essential nutrients and trace elements directly to plants, thereby enhancing crop quality and yield. The market is also being propelled by the increasing adoption of precision farming techniques. Precision farming leverages advanced technologies such as GPS mapping and remote sensing to analyze soil and crop data, optimizing farming practices. By using foliar sprays to meet specific crop needs, farmers can apply the right nutrients in precise amounts at the optimal time, thereby improving crop health and productivity.

Top Companies in the Foliar Spray Market

EuroChem Group AG (Switzerland)
Nutrien Ltd. (Canada)
K+S Aktiengesellschaft (Germany)
Yara International (Norway)
Israel Chemical Ltd. (Israel)
The Mosaic Company (US)
Gujarat State Fertilizers & Chemicals Ltd. (India)
Coromandel International Limited (India)
Tribodyn AG (Germany)
Hebei Monband Water Soluble Fertilizer Co., Ltd. (China)
Haifa Chemicals Ltd (Israel)

Frozen Foods Market Size, Share, Trends, Growth Opportunities and Competitive Outlook

The frozen foods market size is estimated at USD 284.2 billion in 2023; it is projected to grow at a CAGR of 5.1% to reach USD 363.7 billion by 2028. The changing consumer lifestyles and busier schedules have increased the demand for convenient meal options, and frozen foods provide a quick and easy solution. Advancements in freezing and packaging technologies have improved the quality and shelf life of frozen products, making them more appealing to consumers. Additionally, concerns about food waste and the desire for longer-lasting food items have contributed to the popularity of frozen foods. The expanding variety of healthier frozen options, such as fruits, vegetables, and organic products, aligns with the growing emphasis on health and wellness, further driving the growth of the frozen food market.

Frozen Foods Market Trends

Healthier Options: Consumers are increasingly seeking frozen foods that align with their health and wellness goals. This trend has led to the development of frozen meals and snacks that are lower in sodium, sugar, and fat, and higher in protein, fiber, and other nutrients.

Plant-Based Alternatives: With the rise of vegetarianism, veganism, and flexitarian diets, there's a growing demand for plant-based frozen foods. This includes items like veggie burgers, plant-based meat alternatives, and frozen meals made with tofu or tempeh.

Convenience and Time-Saving: Busy lifestyles and hectic schedules have boosted the demand for convenient meal solutions. Frozen foods offer the advantage of quick preparation, making them appealing to consumers seeking convenient meal options without compromising on taste or quality.

Ethnic and International Flavors: There's a growing interest in diverse culinary experiences, leading to an increased demand for frozen foods featuring ethnic and international flavors. Products like Indian curries, Asian stir-fries, and Mediterranean-inspired dishes are gaining popularity in the frozen aisle.

Clean Label Products: Consumers are becoming more conscious of the ingredients in their food and are seeking products with simpler, more natural ingredient lists. Clean label frozen foods, free from artificial flavors, colors, and preservatives, are experiencing growth in demand.

Online Retail Channels: The rise of e-commerce and online grocery shopping has opened up new distribution channels for frozen food manufacturers. Brands are increasingly focusing on their online presence and partnering with e-commerce platforms to reach a wider audience of consumers.

Frozen Foods Market Drivers: Rapid Growth in the Packaged Food & Beverage Drives Growth in the Frozen Foods Market

The rapid growth in the packaged food and beverage industry is significantly fueling the expansion of the frozen foods market. This synergy can be attributed to several key factors. Firstly, the packaged food and beverage sector is experiencing increasing demand due to changing consumer lifestyles and preferences. Convenience, portability, and longer shelf life are all characteristics that appeal to today's busy consumers.

Frozen foods align seamlessly with these trends, providing convenient, ready-to-eat or easy-to-prepare meal options. They offer a practical solution for individuals and families seeking quick, hassle-free dining choices in the packaged food realm.

Furthermore, the packaged food industry's robust distribution networks and marketing strategies make it easier for frozen food products to reach a broader consumer base. This collaborative growth strengthens both sectors, as they cater to evolving consumer needs for convenience and variety in their food choices.

Based on type, the raw material segment is estimated to hold the largest market share during the forecast period of the frozen foods market.

Raw frozen food is poised to dominate the frozen food market due to its versatility and appeal to a wide range of consumers. This category encompasses an array of products, including fruits, vegetables, seafood, and meats, offering consumers the flexibility to create diverse and customized meals. Raw frozen foods retain their inherent nutritional value and flavor, often outperforming their cooked or processed counterparts. Furthermore, they cater to various dietary preferences, such as vegan, paleo, and gluten-free diets, making them inclusive and adaptable. In an era where health consciousness and convenience intersect, raw frozen foods align perfectly, allowing consumers to prepare fresh, wholesome meals with minimal effort. This appeal is driving their popularity, ensuring that raw frozen food remains the largest share of the frozen food market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=130

Europe Holds the Largest Share of the Frozen Foods Market

Europe is a major hub for frozen vegetable consumption, driven by busy lifestyles and a growing demand for affordable, nutritious, and convenient food options. Rising incomes and changing dietary preferences are propelling this market, with consumers shifting towards plant-based diets. Key opportunities for vegetable suppliers are found in countries like Germany, France, Belgium, Italy, and the Netherlands. Public awareness of the superior nutritional value of frozen vegetables over fresh and refrigerated ones is boosting demand, especially among younger generations.

According to the European Ministry of Foreign affairs, in 2021, Europe imported €3 billion worth of frozen vegetables, totalling 2.8 million tonnes, with 91% coming from within Europe and only 9% from developing nations. Europe's status as a major global frozen vegetable producer drives this predominantly internal trade. Germany, with a 20% market share, leads European imports, followed by France (18%) and Belgium (14%). These countries, particularly Germany and France, are crucial focus markets. Belgium, while a major producer and exporter, sources certain vegetable varieties from other nations. Italy, the Netherlands, Spain, and Sweden also rank among the top European markets.

Top Companies in the Frozen Foods Market

The key players in this market include General Mills Inc. (US), Nestlé (Switzerland), Unilever (Netherlands), McCain Foods Limited (Canada), Conagra Brands, Inc. (US), Kellogg's Company (US), Grupo Bimbo (Mexico), and The Kraft Heinz Company (US).

Kombucha Market Size, Share, Trends, Leading Companies and Forecast till 2029

The kombucha market size is estimated at USD 2.4 billion in 2024 and is projected to reach USD 5.9 billion by 2029, at a CAGR of 19.4 % from 2024 to 2029. The growth of the kombucha market has been fueled by various factors. Firstly, its perceived health benefits, including probiotic properties that promote gut health, have attracted health-conscious consumers seeking functional beverages. Additionally, as people become more mindful of sugar consumption, kombucha's low-sugar content serves as a healthier alternative to sweetened beverages. The beverage's diverse range of flavors caters to varying tastes, while its vegan and gluten-free nature aligns with dietary preferences. Moreover, kombucha's sustainability and environmental friendliness appeal to consumers concerned about the ecological impact of their choices.

Kombucha Market Trends

Here are some trends that are shaping the kombucha market:

• Increasing Health Consciousness: Consumers were becoming more health-conscious and seeking out beverages with perceived health benefits. Kombucha, known for its probiotic content and potential digestive health benefits, appealed to this trend.
• Diversification of Flavors: Kombucha manufacturers were introducing a wide variety of flavors to cater to different consumer preferences, including traditional options like ginger and original, as well as more adventurous flavors like mango, hibiscus, and lavender.
• Rising Demand for Functional Beverages: Kombucha was seen as a functional beverage, offering not only hydration but also potential health benefits such as improved digestion and immune support. This positioned it well in the growing market for functional beverages.
• Expansion in Retail Availability: Kombucha was becoming more widely available in supermarkets, health food stores, and even convenience stores, reflecting its increasing popularity and mainstream acceptance.
• Innovation in Packaging: Manufacturers were innovating in packaging to improve convenience and appeal to environmentally conscious consumers. This included the introduction of smaller, single-serve bottles, as well as sustainable packaging options such as recyclable glass bottles and compostable packaging materials.
• Growth Potential: Despite challenges, the kombucha market had significant growth potential, driven by increasing consumer awareness of health and wellness, the popularity of probiotics, and the demand for natural and organic beverages.

Kombucha Market Driver: Rise in demand for Fortified Food & Beverage Products

The demand for fortified food and beverages is experiencing significant growth due to several key reasons. Firstly, there is a growing awareness among consumers about the importance of nutrition and its impact on overall health and well-being. By fortifying kombucha with additional vitamins, minerals, or other functional ingredients, manufacturers can enhance its nutritional profile and offer added health benefits to consumers. This fortified version of kombucha caters to individuals seeking not only the probiotic benefits of traditional kombucha but also additional nutrients to support their health goals. Therefore, the growing demand for fortified food and beverages contributes to the expansion of the kombucha market by offering consumers more options that meet their nutritional needs and preferences.

By nature, the organic segment is expected to hold a significant market share in the kombucha market.

The organic type of kombucha is experiencing significant growth due to several key reasons. Firstly, there is a growing consumer preference for organic products driven by concerns about health, sustainability, and environmental impact. the organic certification of kombucha provides a level of transparency and credibility that enhances consumer trust and confidence in the product's integrity and authenticity. Another driving factor behind the growth of organic kombucha is the expansion of distribution channels and increased availability in retail outlets, health food stores, and online platforms. As consumer demand for organic products continues to rise, retailers are responding by offering a wider selection of organic beverages, including kombucha, thereby expanding market reach and accessibility.

North America will dominate the kombucha market during the forecast period.

North America's dominance in the kombucha market can be attributed to several key factors. The region's early embrace of health-conscious trends, particularly in the United States, has fostered a culture receptive to alternative wellness products like kombucha. Furthermore, North American consumers' increasing awareness of the beverage's perceived health benefits and probiotic content has driven significant demand. Additionally, the widespread accessibility of kombucha products through various distribution channels, coupled with a relatively favorable regulatory environment, further bolsters market expansion.

Top Companies in the Kombucha Market

The key players in this market include GT’s Living Foods (US), Brew Dr. (US), SYSTM Foods Inc. (US), Health-Ade LLC (US), Tropicana Brands Group (US), MOMO Kombucha (UK), GO Kombucha (UK), Harris Freeman (US), Kosmic Kombucha (US), Equinox Kombucha (UK), Remedy Drinks (Australia), Soulfresh Global Pty Ltd (Australia), Cruz Group Sp. z o. o. (Poland), NessAlla Kombucha (US), and FedUp Foods (US). These market participants are emphasizing the expansion of their footprint via agreements and partnerships. They maintain a robust presence in North America, Asia Pacific, South America, RoW, and Europe, and they are supported by manufacturing facilities and well-established distribution networks spanning these regions.

Nutraceutical Excipients Market Trends, Size, Share, and Growth Opportunities

The nutraceutical excipients market size is projected to grow from USD 4.2 billion in 2023 to USD 6.1 billion by 2028, growing at a CAGR of 7.7% during the forecast period. Personalized nutrition plans and online sales are rapidly merging to transform the nutraceutical market. As individuals embrace tailored diets, the need for customized products with specific excipients, tailored delivery systems, and targeted nutrients soars. The flourishing retail market indicates a larger consumer base with increased disposable income and a heightened focus on health and wellness. Consequently, there is a surge in demand for nutraceutical products like functional foods and dietary supplements.

Nutraceutical Excipients Market Opportunities: Emerging trend of high use of excipients with multifunctional properties among key players

The utilization of excipients possessing multifunctional properties presents a significant opportunity in the nutraceutical industry. By consolidating numerous functionalities within a single ingredient, these excipients streamline the formulation process, boosting operational efficiency, and reducing the complexity of formulations. This consolidation not only decreases the number of required excipients but also curtails production costs. Moreover, their diverse capabilities, ranging from enhancing stability and solubility to controlling release and masking unwanted tastes or odors, enable the creation of top-tier nutraceutical products with optimized performance. Furthermore, the multifaceted benefits offered by these excipients align with sustainability goals, reducing waste and energy consumption while supporting clean label trends by enabling formulations with fewer, often natural, ingredients. Overall, the adoption of multifunctional excipients represents a strategic avenue for industry players to enhance efficiency, bolster product quality, foster innovation, and cater to evolving consumer preferences, thereby presenting a considerable opportunity for advancement and growth within the nutraceutical excipients market.

Taste masking excipients act as catalysts for consumer-friendly nutraceuticals.

Nutraceutical products often contain active ingredients with disagreeable tastes or odors. Taste masking excipients serve as pivotal components in elevating palatability, making these items more appealing and user-friendly, particularly for individuals sensitive to specific flavors. The increasing demand for nutraceutical supplements and functional foods in daily health routines has led to the adoption of taste-masking excipients. These aids enhance product likeability, encouraging consistent usage and adherence to prescribed dosages. Taste-related difficulties frequently affect nutritional supplements intended for children and the elderly. Taste masking excipients facilitate customized formulations tailored to these groups, ensuring improved adherence and consumption rates.

In a competitive market landscape, companies aim to distinguish their offerings. Utilizing taste masking excipients allows manufacturers to set themselves apart by delivering superior-tasting options, differentiating their products from competitors.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=247060367

North America accounts largest share of the nutraceutical excipients market and is witnessing growth due to the strong presence of key companies and increasing lifestyle diseases & health concerns.

In North America, numerous prominent players and leading manufacturers dominate the nutraceutical industry. These influential companies play a pivotal role by consistently engaging in research, innovation, and the development of new products, significantly contributing to the market's growth. The region's escalating health concerns, encompassing issues like obesity, cardiovascular diseases, and lifestyle-related conditions, have prompted consumers to actively pursue preventive healthcare measures. As a result, there's a heightened demand for nutraceutical products perceived as valuable in addressing these health issues. This increased demand directly fuels the market for nutraceutical excipients, essential components in the formulation of these sought-after health-focused products.

Top Nutraceutical Excipients Companies

The key players in the nutraceutical excipients market include International Flavors & Fragrances Inc (US), Kerry Group plc (Ireland), Ingredion (US), Sensient Technologies Corporation (US), Associated British Foods plc (UK), BASF SE (Germany), Roquette Frères (France), MEGGLE GmbH & Co. KG (Germany), Cargill, Incorporated (US), Ashland (US), IMCD (Netherlands), Hilmar Cheese Company, Inc (US), Air Liquide (France), Azelis Group (Luxembourg), and Biogrund GmbH (Germany).

Key Questions Addressed by the Nutraceutical Excipients Market Report:

• Which are the major companies in the nutraceutical excipients market? What are their major strategies to strengthen their market presence?
• What are the drivers and opportunities for the nutraceutical excipients market?
• Which region is expected to hold the highest market share?
• Which are the key technology trends prevailing in the nutraceutical excipients market?
• What is the total CAGR expected to be recorded for the nutraceutical excipients market during 2023-2028?

Dietary Supplements Market Size, Share, Growth, Trends, and Forecast

 The dietary supplements market size is expected to grow at a compound annual rate of 7.4%, reaching $167.5 billion in 2023 and $239.4 billion by 2028. This growth is driven by several factors, including an aging population, a shift from pharmaceuticals to nutraceuticals, and an increasing focus on preventive healthcare, which boosts the demand for amino acids and protein supplements. The trend toward personalized nutrition is also propelling the industry forward, as consumers prioritize self-directed care and focus on personal health, weight management, and overall well-being.

In recent years, the personal care market has evolved significantly. Consumers are increasingly adopting weight management and protein supplements to address lifestyle-related disorders. Many regions report inadequate protein intake among populations, leading to a higher demand for amino acids and protein supplements. Additionally, poor eating habits and unhealthy lifestyles have prompted a large number of consumers to turn to weight management supplements to combat obesity and overweight issues.

Dietary Supplements Market Drivers: Shift in Consumer Preferences Due to Increasing Health and Prevention Focus

A recent survey by the Council for Responsible Nutrition (CRN) revealed that 73% of Americans will use dietary supplements in 2020. The primary motivation for this growing trend is the perceived "overall health and wellbeing benefits" of these products. Rising health awareness has spurred consumers to seek out customized dietary supplements tailored to their biological needs. As health consciousness grows, there has been a significant increase in the demand for products like protein supplements, vitamins, and mineral supplements. Moreover, consumers are increasingly incorporating herbal (botanical) supplements into their daily diets to address health issues and support lifestyle changes.

The sports nutrition function segment is expected to experience the fastest growth during the forecast period.

Many sports nutrition supplements today contain a variety of ingredients such as multivitamins, branched-chain amino acids (like leucine), omega-3 fatty acids, glucosamine, glutamine, beta-alanine, beetroot, and green tea extract. Each of these components offers distinct performance benefits. While everyone needs sufficient macro and micronutrients, athletes, due to their intense physical exertion, must carefully monitor their dietary intake. Sports nutrition supplements help meet these nutritional needs, contributing to the rapid growth of this category within the dietary supplements market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=973

The elderly age group is expected to hold a significant share of the dietary supplements market by target consumer during the forecast period.

Due to the increasing aging population and their specific nutritional needs. As individuals age, they may require additional support to address nutritional deficiencies and age-related health concerns. Dietary supplements provide a convenient and targeted solution to fulfill these needs, offering vitamins, minerals, and other essential nutrients. The elderly segment seeks supplements to support joint health, cognitive function, cardiovascular health, bone strength, and immune system function. Manufacturers are developing specialized formulations to cater to the unique requirements of older adults. With the growing elderly population, the dietary supplements market is expected to experience significant growth in this segment.

North America holds the highest market share during the forecast period.

The North American market dominates in the field of nutrition and supplements and is projected to see further growth. This is fueled by a growing awareness among North Americans about the importance of dietary supplements in maintaining overall health and managing weight. Lifestyle-related ailments such as diabetes, obesity, and hypertension are prevalent in this region due to poor dietary habits, including the consumption of nutritionally deficient junk and processed foods. There's also a rising preference for vegan and minimally processed foods, which is contributing to an increased demand for dietary supplements to address nutritional gaps. Meanwhile, South Africa is emerging as a promising market for both the production and consumption of dietary supplements, driven by widespread malnutrition and other nutritional deficiencies within the population. Collectively, these factors are propelling the global dietary supplements market forward.

Top Dietary Supplements Companies

Key players in this market include Nestle (Switzerland), Abbott (US), Amway Corp (US), Pfizer Inc. (US), ADM (US), International Flavors & Fragrance (US), Otsuka Holdings Co., Ltd (Japan), Glanbia PLC (Ireland), GSK PLC. (UK), Bayer AG (Germany), Herbalife International of America, Inc. (US), Nature's Sunshine Products, Inc (US), Bionova (Canada), ArkoPharma (France), American Health (US), Pure Encapsulation (US), H&H Group (Hong Kong), Nu Skin (US), Power Gummies (India), Biomedical Research Laboratories (US), HealthKart (India), NutriScience Corporation (US), Nature's Essentials (US), and Life Extension (US).