Lucintel's latest market report analyzed that bioactive ingredient & product provides attractive opportunities in the functional foods & beverage, dietary supplements, animal nutrition, and personal care industries. The bioactive ingredient & product market is expected to grow at a CAGR of 6%-8%. In this market, animal nutrition is the largest segment by product, whereas probiotics are largest by ingredient.
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Based on product, the bioactive ingredient & product market is segmented into functional foods & beverage, dietary supplements, animal nutrition, and personal care. The animal nutrition segment accounted for the largest share of the market in 2020 due to increasing concentration on the diet served to animals with the growing meat and meat products industry.
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The bioactive ingredient & product market is marked by the presence of several big and small players. Some of the prominent players offering bioactive ingredient & product include DuPont, Royal DSM, Cargill, ADM, and BASF.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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