Global Nutraceutical Excipients Market Expected to Reach USD 6.26 Billion By 2024: Zion Market Research

According to the report, the global nutraceutical excipients market accounted for USD 4.18 billion in 2017 and is expected to reach USD 6.26 billion by 2024, growing at a CAGR of around 8.41% between 2018 and 2024.


New York, NY, Aug. 24, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Nutraceutical Excipients Market By Type (Fillers & Diluents, Binders, Coating Agents, Disintegrants, Lubricants, and Flavoring Agents), by Application (Prebiotics, Probiotics, Amino Acids & Proteins, Minerals, Vitamins, and Omega-3 Fatty Acids): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024”. According to the report, the global nutraceutical excipients market accounted for USD 4.18 billion in 2017 and is expected to reach USD 6.26 billion by 2024, growing at a CAGR of around 8.41% between 2018 and 2024. 

The global nutraceutical excipients market is expected to witness significant growth over the forecast period on account of increasing health awareness across the globe. Nutraceutical excipients refer to bioactive compounds that are used for enhancing the bioavailability of nutraceuticals. 

Browse through 37 Tables & 22 Figures spread over 110 Pages and in-depth TOC on “Global Nutraceutical Excipients Market 2017: Industry Size, Share, Trends, Analysis, and Forecast to 2024”.

Request Free Sample Report of Global Nutraceutical Excipients Market Report @ https://www.zionmarketresearch.com/sample/nutraceutical-excipients-market

In the case of pharmaceuticals, nutraceuticals excipients such as coating agents, flavoring agents, disintegrants, lubricants, binders, fillers, and diluents help to control the unstable nature of nutraceutical products. It also has variable particle size distribution, poor flow, and poor bulk density. Nutraceutical excipients are used as a binder in a tablet which helps to stabilize active ingredients in the formulation. The nutraceutical excipients are used in a different form of supplements ex. capsules, liquid syrups, powders, and tablets. However, factors that may hamper the growth of nutraceutical excipients market are less expenditure on research & development and the high cost of clinical trials. 

Binder segment dominated the global nutraceutical excipients market in 2017. Binder is used as stabilizing active ingredients in drug formulation. The nutraceutical excipients are used in the different form of supplements ex. capsules, liquid syrups, powders, and tablets. These factors are responsible for the growth of the nutraceuticals excipients market in the forecast year. 

Download Free Report PDF Brochure: https://www.zionmarketresearch.com/requestbrochure/nutraceutical-excipients-market

Probiotics and prebiotics are the leading application segment accounting for most of the global market share and are expected to witness growth within the forecast period. This can be attributed to the increased consumer awareness about the health advantage of nutraceuticals across the globe. Probiotics and prebiotics are expected to be the fastest growing application segment within the forecast period.  

Europe is the largest region contributing to the global nutraceutical excipients market growth during the forecast period. The demand for the nutraceutical excipients has increased due to the presence of pharmaceutical companies in the European region. Pharmaceutical companies are focusing on applications of nutraceuticals in medicines, particularly for human usage. There are a substantial demand and popularity for pharmaceuticals in Europe, which can potentially fuel the nutraceutical excipients market development. The consumer preference for healthy nutritious supplement product is projected to offer opportunities for the nutraceutical excipients market.

Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/nutraceutical-excipients-market

North America was the second largest market for nutraceutical excipients in 2017 and accounted for significant share of the global market owing to the large pharma & chemical industries such as Ingredion, Cargill, Kerry, and Dupont, especially in the U.S. and Canada. North America is expected to witness significant growth within the forecast period owing to changing trends in dietary supplement market. In addition, the cost-effectiveness and convenience activities in the region are also expected to aid the growth of the nutraceutical excipients market within the forecast period. This region is significantly growing due to increased research about bioavailability and stability of drug & excipients. In addition, the company prefers biobased adhesive for the drug tablet manufacturing, this is expected to open up a new opportunities in the forecast period. 

Latin America is expected to witness diminishing growth within the forecast period. However, Latin America is expected to open potential opportunities for the nutraceutical excipients market owing to the developing healthcare industry, especially in Brazil. The growing urbanization and changing lifestyles are also expected to aid the growth of the pharmaceutical industry, consequently fuelling the demand for the nutraceutical excipients market.

Browse the full "Nutraceutical Excipients Market By Type (Fillers & Diluents, Binders, Coating Agents, Disintegrants, Lubricants, and Flavoring Agents), by Application (Prebiotics, Probiotics, Amino Acids & Proteins, Minerals, Vitamins, and Omega-3 Fatty Acids): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024" report at https://www.zionmarketresearch.com/report/nutraceutical-excipients-market

The Middle East and Africa is expected to grow at a sluggish rate for nutraceutical excipients within the forecast period. Countries in the Middle East and Africa have witnessed a rise in the living standards and health awareness. Globalization and heavy influx of expatriates in the Middle East, especially in countries such as Oman, Qatar, and UAE are expected to fuel the pharmaceutical industry in the region. High demand of medicines in the market is also expected to boost the demand for nutraceutical excipients in forecasted years.

The key players operating in this industry are Eastman Chemical Corporation, P&G Chemicals, Lubrizol Corporation, Avantor Performance Materials, LLC, Ashland Inc., BASF SE, Roquette, Huntsman Corporation, FMC Corporation, JRS Pharma, Valeant, Shin-Etsu Chemical Co., Ltd., Colorcon Inc, Finar Limited, and DFE Pharma, among others.

Request For Discount Offer: https://www.zionmarketresearch.com/requestdiscount/nutraceutical-excipients-market
   
This report segments the global nutraceutical excipients market as follows:

Global Nutraceutical Excipients Market: Type Analysis

  • Fillers & diluents
  • Binders
  • Coating agents
  • Disintegrants
  • Lubricants 
  • Flavoring agent

Global Nutraceutical Excipients Market: Application Analysis

  • Prebiotics
  • Probiotics
  • Amino acids & proteins
  • Minerals
  • Vitamins
  • Omega-3 fatty acids

Global Nutraceutical Excipients Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Related Reports:

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research

Blog: http://www.intenseresearch.com | http://www.mrsresearchgroup.com | http://www.marketresearchtrade.com | https://qyresearchgroup.com | http://marketnreports.com | https://zmrnewsjournal.us | http://www.e-marketresearch.com

Contact Us:

Joel John
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com

Website: https://www.zionmarketresearch.com

Blog: http://zmrblog.com