(Entertainment-NewsWire.com, May 08, 2018 ) Europe Bioactive Ingredients Market was worth $4.73 billion in 2016 and estimated to be growing at a CAGR of 6.77%, to reach $6.56 billion by 2021. Europe is projected to witness substantial growth during the forecast period for bioactive ingredients market.
Bioactive compounds in foodstuffs have been attaining importance, and procedures to consider them for civic health endorsements are still being discussed. Consumption of bioactive foods is known to decrease the risk of rising non-communicable diseases and help with certain bodily functions such as increasing gut microbial multiplicity, endothelial function, cognitive function and decreasing bone loss etc.
Customers incline towards the usage of functional foods over dietary supplements as means to avoid lifestyle associated health issues. The market for these types of products is one of the fastest growing markets. Owing to strong market demand and positive introductory tests it is assumed that bioactive ingredients can be highly competitive on the market and find several uses in food. Lack of governing framework to authenticate heath claims is a major factor acting as restraint for bioactive ingredients market.
Europe market for Bioactive Ingredients is segmented by type into Prebiotics, Probiotics, Amino Acids, Peptides and Proteins, Omega 3 & Structured Lipids, Phytochemicals & Plant Extracts, Minerals, Vitamins, Fibers & Specialty Carbohydrates, Carotenoids & Antioxidants and Other Bioactive Ingredients. The bioactive ingredients market is segregated by application into Functional Food, Functional Beverages, Dietary Supplements, Animal Nutrition and Personal Care. Phytochemicals & plant extracts demonstrate to be the most accepted ingredients with the highest probable growth rate while functional beverages segment is attracting the health-conscious people.
Geographically the market is segmented into Germany, Italy, U.K., Spain and France. France and Spain are emerging economies in the European region and are expected to grow at a high CAGR in the forecast period.
Some of the key players functional in bioactive ingredients market consist of Arla Foods, Ingredion Incorporated Koninklijke DSM N.V., BASF SE, Ajinomoto Co. Inc., FMC Corporation, Cargill Incorporated, Archer Daniels Midland Company and Roquette
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