New York, Global Nutraceutical Excipients Market report from Global Insight Services is the single authoritative source of intelligence on Nutraceutical Excipients Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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In the pharmaceutical industry, nutraceutical excipients are substances that are added to a medication to improve its efficacy or to make it more palatable. Nutraceutical excipients can be either active or inactive ingredients. Active ingredients are those that have a pharmacological effect on the body, while inactive ingredients are those that do not. Excipients are typically added to medications in very small amounts and are not intended to have any therapeutic effect.
Some common excipients include binders, fillers, lubricants, sweeteners, and flavorings. Binders are substances that help to hold the active ingredients together so that they can be evenly distributed when the medication is taken. Fillers are used to bulk up the medication so that it can be taken in the correct dosage. Lubricants help to prevent the active ingredients from sticking to the sides of the pill or capsule. Sweeteners make the medication more palatable, while flavorings can mask the taste of the active ingredients.
Key Trends
Some of the key trends in nutraceutical excipients technology include:
- Natural and organic ingredients are becoming increasingly popular in the nutraceutical excipients space as consumers become more health-conscious.
- Functional ingredients are also gaining popularity as they offer additional health benefits beyond basic nutrition.
- Delivery systems are becoming more sophisticated as companies strive to improve the absorption and bioavailability of nutraceuticals.
- Safety and efficacy are also becoming major concerns as more people take nutraceuticals for preventative health purposes.
Key Drivers
The key drivers of the Nutraceutical Excipients market are the increasing demand for nutraceuticals and functional foods, the growing awareness of the health benefits of nutraceuticals, and the increasing disposable incomes. The other drivers include the changing lifestyle, the aging population, and the growing health concerns.
The demand for nutraceuticals is increasing due to the growing awareness of the health benefits of these products. The nutraceuticals are used to improve the health and well-being of the consumers. The functional foods are gaining popularity as they help in the prevention and treatment of various diseases. The nutraceuticals excipients are used in the manufacturing of these products.
The aging population is one of the major drivers of the nutraceuticals market. The older people are more prone to the chronic diseases and they need these products for the prevention and treatment of these diseases.
The disposable incomes of the people are increasing which is another driver of this market. The people are willing to spend more on the health products.
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Market Segments
The Nutraceutical Excipients Market is segmented on the basis of type, form, sales channel, and region. Based on type, the global market is bifurcated into functional beverage, functional food, and dietary supplements. By form, the market is segmented into capsules and tablets, liquid, powder, and others. Based on sales channel, the global market is studied across hypermarkets/supermarkets, specialty stores, pharmacies, and online channels. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Nutraceutical Excipients Market report includes players such a Archer Daniels Midland Company, BASF SE, Cargill, Inc., Danone, DuPont de Nemours, Inc., General Mills Inc., Koninklijke DSM N.V., Nestle S.A., PepsiCo, Inc., and Yakult Honsha Co., Ltd.
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