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Lucintel Forecasts The Global Phytonutrient Market To Reach $12 Billion By 2035
According to a market report by Lucintel, the future of the global phytonutrient market looks promising with opportunities in the food & beverage, dietary supplement, animal nutrition, cosmetic & personal care, and pharmaceutical markets. The global phytonutrient market is expected to reach an estimated $12 billion by 2035 with a CAGR of 7% from 2026 to 2035. The major drivers for this market are the increasing demand for natural supplements, the rising awareness of health benefits, and the growing adoption of functional foods.
A more than 150-page report to understand trends, opportunity and forecast in global phytonutrient market to 2035 by type (carotenoids, polyphenols, phytosterols, omega-3 & 6 fatty acids, vitamins, and others), source (fruits & vegetables, cereals, pulses, & oilseeds, herbs &trees, and others), form (powder, liquid, and others), application (food & beverages, dietary supplements, animal nutrition, cosmetics & personal care, and pharmaceuticals), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type ...
... category, polyphenol is expected to witness the highest growth over the forecast period due to strong antioxidant demand, health benefits, functional food usage increasing.
Within the application category, food & beverage is expected to witness the highest growth due to rising functional foods, clean-label demand, nutraceutical ingredient adoption.
Download sample by clicking on phytonutrient market.
In terms of regions, APAC is expected to witness the highest growth over the forecast period due to large population, rising health awareness, expanding functional food industry.
Cargill Inc., BASF SE, Archer Daniels Midland Company, DSM-Firmenich, Kerry Group, Givaudan SA, Kemin Industries, Lycored Ltd., Sabinsa Corp., Indena SpA are the major suppliers in the phytonutrient market.
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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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