Market Overview:
The global phytonutrients market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for functional foods and beverages, rising awareness about the health benefits of phytonutrients, and growing applications of phytonutrients in pharmaceuticals and cosmetics. However, factors such as high cost of production and lack of standardization may restrain the growth of this market during the forecast period. On the basis of type, carotenoids are expected to account for the largest share in 2018 owing to their wide range of health benefits such as prevention against cancer, heart diseases, macular degeneration, etc. Phytosterols are projected to be one of fastest-growing segments during the forecast period due their cholesterol-lowering properties and other health benefits such as cancer prevention.
Product Definition:
nutrients that are found in plants phytonutrients are important because they help protect the plant from disease and pests,.
Carotenoids:
Carotenoids are organic pigments that act as antioxidants in the human body. They are found in various plants and organisms. Carotenoids have various beneficial effects on the human body such as protection against chronic diseases, cellular & DNA damage, and aging & skin repair.
Phytosterols:
Phytosterols is a type of plant sterol that is found in plants and vegetable oils. Plant stanols or phytosterols are similar to cholesterol in structure, but differ in terms of chemical composition and biological properties. They are used as additives for dietary supplements, nutraceuticals, cosmetics; especially for skin-care products such as creams & lotions and anti-aging products.
Application Insights:
Food & beverages, pharmaceuticals and cosmetics are the major application areas of phytonutrients. In 2017, food & beverage accounted for more than 50% of the global market share. The increasing awareness about health benefits among consumers is expected to have a positive impact on product demand in this segment over the forecast period.
Pharmaceutical was one of the fastest-growing segments with a CAGR exceeding 8% from 2018 to 2030 owing to various disease management advantages offered by these nutrients. For instance, lutein has been proven effective in preventing macular degeneration, which is one of the leading causes for visual impairment among aging population across countries like India and China where prevalence rate of this condition is high (around 10-15%).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization, which has led to an increase in disposable income. Moreover, the region is home to some of the major countries such as China and India that are also among the largest consumers of feed additives worldwide. The increasing meat consumption in these countries along with rising awareness about animal health & well-being will drive demand for feed additives over the forecast period.
Europe accounted for 24% share in terms of revenue in 2017 on account of high product utilization across various applications including food & beverages, pharmaceuticals, cosmetics and other industries due largely to extensive R&D activities by several multinational companies based there seeking innovation through research collaboration with universities or establishment of their own laboratories for research purposes pertaining toward development new products within their respective sectors targeting end-use markets globally thus resulting into high product demand over time.
Growth Factors:
- Increasing awareness about the benefits of phytonutrients among consumers.
- Rising demand for natural and organic products.
- Growing popularity of plant-based diets.
- Proliferation of health and wellness trends among consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Phytonutrients Market Research Report
By Type
Carotenoids, Phytosterols, Flavonoids, Phenolic compounds, Vitamin E, Others
By Application
Food & Beverages, Pharmaceuticals, Cosmetics, Feed
By Companies
FMC, Pharmachem Laboratories, Cargill, Cyanotech, Allied Biotech, BASF, DSM, Raisio, Kemin, Arboris, FMC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Phytonutrients Market Report Segments:
The global Phytonutrients market is segmented on the basis of:
Types
Carotenoids, Phytosterols, Flavonoids, Phenolic compounds, Vitamin E, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Pharmaceuticals, Cosmetics, Feed
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FMC
- Pharmachem Laboratories
- Cargill
- Cyanotech
- Allied Biotech
- BASF
- DSM
- Raisio
- Kemin
- Arboris
- FMC
Highlights of The Phytonutrients Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Carotenoids
- Phytosterols
- Flavonoids
- Phenolic compounds
- Vitamin E
- Others
- By Application:
- Food & Beverages
- Pharmaceuticals
- Cosmetics
- Feed
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Phytonutrients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Phytonutrients are a type of antioxidant that can protect cells from damage caused by free radicals.
Some of the key players operating in the phytonutrients market are FMC, Pharmachem Laboratories, Cargill, Cyanotech, Allied Biotech, BASF, DSM, Raisio, Kemin, Arboris, FMC.
The phytonutrients market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Phytonutrients Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Phytonutrients Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Phytonutrients Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Phytonutrients Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Phytonutrients Market Size & Forecast, 2020-2028 4.5.1 Phytonutrients Market Size and Y-o-Y Growth 4.5.2 Phytonutrients Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Carotenoids
5.2.2 Phytosterols
5.2.3 Flavonoids
5.2.4 Phenolic compounds
5.2.5 Vitamin E
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Pharmaceuticals
6.2.3 Cosmetics
6.2.4 Feed
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Phytonutrients Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Phytonutrients Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Carotenoids
9.6.2 Phytosterols
9.6.3 Flavonoids
9.6.4 Phenolic compounds
9.6.5 Vitamin E
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Pharmaceuticals
9.10.3 Cosmetics
9.10.4 Feed
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Carotenoids
10.6.2 Phytosterols
10.6.3 Flavonoids
10.6.4 Phenolic compounds
10.6.5 Vitamin E
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Pharmaceuticals
10.10.3 Cosmetics
10.10.4 Feed
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Carotenoids
11.6.2 Phytosterols
11.6.3 Flavonoids
11.6.4 Phenolic compounds
11.6.5 Vitamin E
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Pharmaceuticals
11.10.3 Cosmetics
11.10.4 Feed
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Carotenoids
12.6.2 Phytosterols
12.6.3 Flavonoids
12.6.4 Phenolic compounds
12.6.5 Vitamin E
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Pharmaceuticals
12.10.3 Cosmetics
12.10.4 Feed
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Carotenoids
13.6.2 Phytosterols
13.6.3 Flavonoids
13.6.4 Phenolic compounds
13.6.5 Vitamin E
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Pharmaceuticals
13.10.3 Cosmetics
13.10.4 Feed
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Phytonutrients Market: Competitive Dashboard
14.2 Global Phytonutrients Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FMC
14.3.2 Pharmachem Laboratories
14.3.3 Cargill
14.3.4 Cyanotech
14.3.5 Allied Biotech
14.3.6 BASF
14.3.7 DSM
14.3.8 Raisio
14.3.9 Kemin
14.3.10 Arboris
14.3.11 FMC