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The Functional Extracts Market is expected to register a CAGR of 6.5% during the forecast period, up from US$ 98.9 Bn in 2021 to reach a valuation of US$ 190.95 Bn by 2032.

The functional extracts are concentrated phytonutrients that are available naturally in most vegetables, plants, and fruits. Functional extracts are the extracts derived from sources like plants, vegetables, and fruits. Functional extracts play an important role in increasing the nutritional levels of food products, supplements, and drinks.

Some of the plants, vegetables, and fruits used in the extracting of the ingredients are apple, grass, almonds, alfalfa grass and many such products. The addition of functional extracts in the products does not change its taste or feel.

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These are absolutely natural and organic in nature. Functional extracts are essential and are used to enhance the overall nutritional value of the food and beverage. The key regions that are involved in the global functional extracts market include North American, Asian, and European countries. Some of the leading players in the global functional extracts market are Applied Food Sciences Inc., Future Ceuticals Inc., Morre-Tec Industries Inc., Kerry Inc., Pure World Inc., Naturex Inc., and VF Bioscience SAS.

Awareness Regarding Health Benefits of Organic Products Is Driving the Functional Extracts Market

The overall functional extracts market is booming rapidly across the globe. The major driver that is driving the demand for the functional extracts market is the increase in the use and consumption of organic products in the food and beverages, cosmetics, pharmaceuticals, and other industries. Consumers are demanding the use of natural and organic ingredients in these products which are driving the functional extracts market at a rapid pace.

The growing trend of consumers’ inclination towards organic and natural food products is driving the global functional extracts market. There is also an increased awareness amongst people regarding the benefits one gets from by using and consuming naturally extracted products which is supporting the growth of the functional extracts market. The growth is observed due to increased production and consumption of the nutritional food in the market. The main restraint in the functional extracts market is the availability of substitutes and a very low supply of raw materials.

Functional Extracts Market: Regional Analysis

The countries that are largely involved in the global functional extracts market are Germany, the US, China, the UK, Thailand, India, and Brazil.

Functional Extracts Market: Key Participants

Some of the market participants in the functional extracts market are:

• Archer Daniels Midland Company
• Green Source Organics
• The Green Labs LLC
• Bell Flavors and Fragrances
• Applied Food Sciences Inc.
• FutureCeuticals Inc.
• Morre-Tec Industries Inc.
• Kerry Inc.
• Pure World Inc.
• Naturex Inc.
• VF Bioscience SAS
• NOF America Corporation
• Teawolf LLC
• Kalsec Inc.
• Tianjiang Pharmaceutical Co., Ltd.

Functional Extracts Market Segmentation

The functional extracts market is segmented on the basis of nature, application, and source.

On the basis of nature, the functional extracts market can be segmented as:

• Organic
• Conventional

On the basis of application, the functional extracts market can be segmented as:

• Food and beverages
• Drinks
• Dairy
• Dietary supplements
• Food
• Human nutrition
• Animal nutrition
• Personal care
• Cosmetics
• Hair care
• Skin care
• Pharmaceuticals
• Perfume

On the basis of source, the functional extracts market can be segmented as:

• Plants
• Vegetables
• Fruits
• Seeds
• Flowers

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Report Highlights:

• Detailed overview of parent market
• Changing dynamics of the functional extracts market in the industry
• In-depth market segmentation and analysis
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments in the functional extracts market
• Competitive landscape of the functional extracts market
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on functional extracts market performance
• Must-have information for functional extracts market players to sustain and enhance their market footprint

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The global nutraceuticals market value will likely jump from US$ 418,080 million in 2023 to US$ 703,122.075 million by 2033. This anticipated growth is expected to be driven by a steady CAGR of 5.3% in nutraceutical sales over the next decade.

Nutraceuticals Market Overview:

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The nutraceutical sales are set to keep growing. People like them because they are easy to store, can do many good things at once, and people are learning more about them. The popularity of nutraceutical products is going up fast. People are learning more about how nutraceuticals and supplements can benefit their health. They help with health problems like obesity, heart disease, cancer, high cholesterol, arthritis, and diabetes.

People also like personalized nutrition, where they get food tailored to their needs. This is especially popular among people with stomach problems that regular medicine cannot fix. Many people want multivitamins and single vitamins from these products worldwide. Similarly, many athletes around the world are joining sports at the national and international levels. This is leading more people to opt for functional beverages.

More people live in cities, spend money on health, and deal with heart, chronic, and obesity problems. This is why the nutraceuticals market is growing rapidly. Functional foods have omega fatty acids that help individuals keep a healthy weight and improve blood circulation.

Many people have become aware of herbal products and natural foods lately. They prefer these over foods with chemicals. This trend is especially strong in North America and Europe. In these two regions, people are willing to spend more on natural products.

New types of nutraceuticals like gummies, jellies, and soft gels are also coming into the market. Preference for these variants is growing because they come in various shapes, sizes, flavors, and strengths. Kids are also getting into these nutraceuticals, which is developing the market.

New technology in the nutraceutical industry is making people want these products more. They are utilizing contemporary technologies like AI to give people personalized advice based on their diet and health. Consequently, AI is going to be important for the nutraceutical industry to grow all around the world during the forecast period.

“In the Nutraceuticals Market, probiotics play a transformative role in enhancing mental and physical health. These beneficial microorganisms are reshaping the industry by promoting better digestion, immune support, and improved overall well-being through nutraceutical products.” Says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.

Key Takeaways from the Nutraceuticals Market:

• In 2022, the United States asserted its dominance in the nutraceuticals industry, boasting a 23.4% global market share, underpinned by its robust research and development capabilities.
• The nutraceuticals industry in the United Kingdom is poised for substantial growth, with a projected CAGR of 7.8% through 2033, driven by increasing consumer awareness of health and wellness.
• Japan’s 2.4% share of the nutraceuticals industry in 2022 was bolstered by its reputation for producing high-quality and innovative health and wellness products.
• India’s rapid development in the nutraceuticals industry, with a CAGR of 4.4% over the forecast period, is driven by a growing trend towards natural and organic products.
• Germany’s significant 12.9% share of the global nutraceuticals industry in 2022 can be attributed to its reputation for high-quality manufacturing standards
• China’s anticipated rise in the nutraceuticals industry, with a projected CAGR of 6.5% over the forecast period, is propelled by a surge in demand for dietary supplements.

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Key Players and Strategies for Success in the Nutraceuticals Market

In recent years, the nutraceuticals industry has emerged as a dynamic and rapidly expanding sector within the global market. In this dynamic landscape, key players employ multiple strategies to meet the evolving needs of consumers and establish their foothold in an increasingly competitive market. Here are key points about key players and strategies for success in the nutraceuticals market:

• Invest in research to develop innovative and effective nutraceutical products.
• Create strong branding and marketing campaigns to stand out in a competitive market.
• Stay up-to-date with regulations and ensure products meet compliance standards.
• Collaborate with healthcare professionals, fitness influencers, or retail chains to expand distribution.
• Stay adaptable to changing consumer preferences and health trends in the market.

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Recent Developments The Nutraceuticals Market

In June 2022, Kellogg’s Special K introduced new Protein Snack Bars. These bars have 6 grams of protein and only 90 calories. They come in sweet berry vanilla and rich chocolaty brownie sundae flavors.

In April 2021, Nestlé NIDO 3+ unveiled a better recipe designed specifically for kids aged three to five. This new and improved recipe has just the right amount of Vitamin A, Zinc, and Iron, the nutrients young children need.

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Multi Nutritional Supplement Market is forecasted to register a 6.8% CAGR during the forecast period (2022-2032) and is projected to reach US$ 1.9 Billion by 2032 

With the increasing growth of the health & wellness trend and consumers’ awareness about the necessity of adding diverse nutrients to diets, the demand for multi-nutritional supplements, as well as dietary supplements, has increased significantly in the past few years. Over-the-counter dietary supplements and multi-nutritional supplements are becoming a big business with a mounting number of consumers relying on these nutraceuticals for satisfying their daily dietary needs.

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Consumers are becoming aware of the importance of antioxidants, vitamins, and other nutrients, and it is directly influencing the sales of multi-nutritional supplements. In addition, with the increasing global prevalence of lifestyle diseases such as obesity, cardiovascular diseases, and diabetes, consumers are likely to depend on external nutritional supply to meet their dietary needs. The increasing dependency of consumers on multi-nutritional supplements for weight loss and obesity management will further bolster their demand in the coming years.

Consumers are preferring to consume multi-nutritional supplements instead of resorting to two or more two dietary supplements to get the essential nutrients. This is expected to support the growth of the multi-nutritional supplements market in the coming years. Leading players in multi-nutritional supplements are introducing products with health-benefiting ingredients such as vitamin D ingredients, vitamin C ingredients, and natural antioxidants.

Multi-nutritional Supplements Market – Competitive Landscape

Key stakeholders in the multi-nutritional supplements market Amway, Nature’s Bounty, Inc., Rexall Sundown, Inc., Puritan’s Pride, Inc., Osteo Bi-Flex, among the many others. Some of the notable developments in the competitive landscape of the multi-nutritional supplements market include:

Ever-growing Demand for Nutrition Supplements among Elderly Consumers

The consumption of multi-nutritional supplements is expected to remain significantly high across the geriatric population. A 2017 survey including 3,500 American adults aged 60 and older was published in The Journal of Nutrition, and it found that almost three-fourth of the participants consumed a daily multi-nutritional supplement (either individual vitamin or mineral or a multivitamin supplement), more than half of the participants said that they take one or two supplements, and more than one-fourth of the participants take four or more supplements.

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The Rise of Multi-nutritional Supplement Subscription Services Bring in New Trends

While the multi-nutritional supplements market is witnessing incremental growth worldwide, consumers’ need to maintain adherence to their nutritional program is triggering the rise of new market trends. A mounting number of leading players, as well as new entrants in the multi-nutritional supplements market, are introducing supplement subscription services integrated with advanced technologies to offer consumers more convenience at maintaining their daily nutritional intake.

Introducing subscription services that can offer more personalised recommendations about sustainable and high-quality multi-nutritional supplements is expected to emerge as a winning strategy for stakeholders in the coming future.

The research report presents a comprehensive assessment of the multi-nutritional supplements market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The multi-nutritional supplements market is broadly segmented according to the ingredient type, application, and region.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

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Frequently Asked Questions

• What is the Growth Outlook of the Multi Nutritional Supplement Market?

The multi nutritional supplement market is projected to register a CAGR of 5.9% during the forecast period.

• Which Key Players is expected to hold a Major Multi Nutritional Supplement Market Share?

Amway is projected to hold a significant multi nutritional supplement market share during the forecast period.

• What was the Historical Size of the Multi Nutritional Supplement Market?

Multi nutritional supplement market size was worth US$ 310 Bn in 2020.

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Future Market Insights Inc.
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The global microencapsulated omega-3 powders market size is likely to exceed US$ 17.4 Bn in 2032 and exhibit steady growth at a CAGR of 8.2% in the forecast period from 2022 to 2032. Increasing product consumption on the back of changing dietary habits and the rising prevalence of cardiovascular diseases is set to push growth. 

As per a report by FMI, demand for microencapsulated omega-3 powders is projected to reach US$ 10.5 Bn in 2022. Surging investment by consumers in products associated with their healthcare and well-being is anticipated to bode well for the market. 

A rise in the hectic schedules of consumers has contributed to a notable shift towards junk food and packaged food, which is devoid of the required quantity of nutrients. With the bridging of the information gap apropos of the importance of nutrition for bodily functions, high trends of consuming dietary supplements have been witnessed, which is projected to hold sustained growth opportunities for the microencapsulated omega-3 powders market in the upcoming years. 

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Microencapsulated Omega-3 Powders Market – Novel Developments 

Significant players functioning in the microencapsulated omega-3 powders market have been striving to create strong brand recall value by strategically positioning their products in the storefronts and streamlining their distribution channels. Diversification of their product portfolio by enriching the product is yet another strategy observed in the microencapsulated omega-3 powders market. A large number of promotional activities are undertaken by the companies to create awareness pertaining to the novel product launches and their unique selling propositions. 

Some of the key players operating in the microencapsulated omega-3 powders market include KD Pharma Group, Venketesh Biosciences LLP, Wincobel, Stepan Company, Socius Ingredients, Benexia, Biosearch, SA, Glanbia Nutritionals, Clover Corporation, Skuny Bioscience Co., Ltd., BASF SE, Novotech Nutrition, and Koninklijke DSM N.V. 

In September 2017, Benexia – a significant player functioning in the microencapsulated omega-3 powders market announced the launch of ALA Powder, which contains ALA fatty acid in rich quantities and boasts the same stable nature as that of Chia oil. The powder can be used as a nutritional supplement for instant soup, baby food, chocolate, infant formula, and cocoa powder. 

In February 2019, Glanbia Nutritionals completed the acquisition of Watson with the sole objective to cement its current position as a market leader in the nutritional sector. The transaction will help in expanding the competency set of Glanbia such as edible film technologies, microencapsulation, agglomeration, spray drying, and micronizing capabilities. 

Ease of Product Distribution with E-commerce to Lend Promising Sales Probabilities 

With the rising competition in the microencapsulated omega-3 powders market, manufacturers have been rethinking their distribution and product projecting strategies. This has resulted in the use of supermarkets/hypermarkets for the showcasing of their products and increasing their sales prospects. The advent of e-commerce has further offered lucrative sales opportunities to the microencapsulated omega-3 powders with its capability to map geographical footprints. This has offered consumers with the ease to the accessibility of these dietary supplements irrespective of their location, which is anticipated to intensify the sale probabilities of these supplements and in turn, create favorable growth scenarios for the microencapsulated omega-3 powders market. 

Food and Beverage Industry to Remain a Key Contributor to the Growth of the Microencapsulated Omega-3 Powders Market 

Growing cognizance apropos of maintaining well-being has shifted the preference of consumers toward healthy food products. Observing this affinity of consumers towards nutritional diets, manufacturers operating in the food and beverage industry have been leveraging these dietary supplements to enhance the desirability of their products. As a result, the food and beverage industry has been acting as a significant growth driver for the dietary supplements market in general and the microencapsulated omega-3 powders market in particular. 

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Microencapsulated Omega-3 Powders Market – Segmentation 

The microencapsulated omega-3 powders market can be bifurcated on the basis of: 

• Nature 

• Distribution Channel 
• Type 

Depending on the nature, the microencapsulated omega-3 powders market can be bifurcated into: 

• Organic 
• Conventional 

Based on the distribution channel, the microencapsulated omega-3 powders market can be classified into: 

• Direct 
• Indirect 
• Store-based 
• Supermarket/Hypermarket 

• Convenience Stores 
• Discount Stores 
• Food and Drink Health Stores 
• Online 

On the basis of type, the microencapsulated omega-3 powders market can be segmented into: 

• Alpha-linolenic acid (ALA) 
• Eicosapentaenoic acid (EPA) 
• Docosahexaenoic acid (DHA) 

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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According to Future Market Insights (FMI), in 2023, the industrial tourism market would be worth US$ 1,663.6 million. By 2033, it would reach US$ 18,739.3 million. The surge would occur at a CAGR of 27.4% from 2023 to 2033.

As high disposable income group numbers are increasing, it is giving rise to more travelers. It is increasing industrial tourists worldwide. They are initiating travel plans to various industries which spark their interests.

Need for structural changes would grow when it comes to industrial infrastructure protection. It also includes development of manufacturing industries.

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Eco efficiency and eco innovation of industrial resources is implemented. These would help to limit material and energy intensities.

These transformations would contribute toward rising productivity of natural resources. It would also bring down the pressure which is building on the ecological environment.

Establishment of sustainable factories is creating value and restoring energy resources. Increasing commitment of various industries toward environmental protection would boost demand.

Industries are nowadays eliminating any medium which is causing carbon dioxide emissions. They are trying to reinvent themselves and bring energy use optimization in the market.

An integrated approach has to be implemented by key industries. It would help them to balance industrial transformation and development. They can keep sustainability into action.

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Industrial policies, measures, and activities are contributing toward its establishment. Sustainable industrial development would bring future scope of evolution.

It would be showcased in organizational management, production techniques, and product designing. It is an approach that is driving the industrial tourism market. These practices will enhance utility of production resources sustainably for various industries.

The tourism industry is facing key concerns with scarce natural resources. Fragility of planet Earth and over-exhaustion of energy resources would also create awareness.

It is hence resulting into better production and low consumption. Industries are keeping in mind sustainability factors in industrial tourism development.

Key Takeaways from the Industrial Tourism Market

• The global industrial tourism market showcased around -14.6% CAGR between 2018 and 2022.
• By tour type, the professional group category would expand at a substantial CAGR of 8% during the forecast period.
• Top 5 companies in the global industrial tourism market held over 30% to 35% of share in 2022.
• Based on tourism type, the factory tours segment will exhibit a significant share by 2023.
• Based on age group, the 16 to 25 years’ category would hold the lion’s share by 2033.

Competitive Landscape: Industrial Tourism Market

Prominent firms are using unique tactics to gain a significant share in the highly competitive environment. They are planning to maintain internal control over every facet of their services and channel support. They are attempting to guarantee that clients get value for their money.

Direct service providers are partnering up with indirect suppliers. They are pacing their support channels. They are also trying to meet a variety of needs.

The industrial tourism sector would experience progressive growth. Partnerships and cooperation between suppliers across the industry would become more prevalent.

A few leading players in the Industrial Tourism Market are:

• American Express Global Business Travel
• World Travel Inc.
• Ovation Travel Group
• Omega World Travel
• Priceline Group

Industrial Tourism Market by Category

By Direct Suppliers:

• Airlines
• Hotel Companies
• Car Rental
• Train
• Tour Operators
• Government Bodies

By Indirect Suppliers:

• Online Travel Agency (OTA)
• Traditional Travel Agencies
• Travel Management Companies (TMCs)
• Corporate Buyers
• Aggregators

By Number of Bookings:

By Age Group

• Under 15
• 16 to 25
• 26 to 35
• 36 to 45
• 46 to 55
• Over 55

By Tourism Type:

• Work Watching
• Factory Tours
• Mine Tours
• Farm Tours
• Wine Tours
• Parliament Tours
• Tours of Specific Company Premises
• Factory Visits by Business Tourists

By Demographic:

• Male
• Female
• Kid

By Nationality:

• Domestic
• International

By Booking Channel:

• Phone Booking
• Online Booking
• In-Person Booking

By Tour Type:

• Individual Travel
• Professional Group
• Group Travel

By Country:

• USA
• Canada
• Brazil
• Mexico
• Germany
• United Kingdom
• France
• Spain
• Russia
• India
• China
• Japan
• Malaysia
• Singapore
• Australia
• United Arab Emirates
• Kingdom of Saudi Arabia
• Italy
• Qatar
• Oman
• Rest of the World

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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For Sales Enquiries: sales@futuremarketinsights.com
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The market for gamma linolenic acid is expected to increase from a value of US$ 20 million in 2022 to US$ 31.6 million by 2032, expanding at an outstanding CAGR of 4.7%.

Gamma linolenic acid demand is rising internationally as consumers adopt healthier lifestyles at a faster rate. Omega-6, which gamma linolenic acid serves as, is crucial for preserving heart health. Humans can naturally absorb gamma linolenic acid, or they can eat many food items to satisfy their needs.

Several Health Benefits of Gamma Linolenic Acid boosts its Market

The increase in the occurrence of arthritis is estimated to boost the demand for gamma linolenic acid. According to the study published by the Arthritis Foundation, in 2017, around 54.4 million of the Americans are suffering from doctor-diagnosed arthritis. The joint pain and swelling is a common symptom of arthritis. The consumption of gamma linolenic acid is an excellent option as it helps to reduce inflammation and aids in preventing arthritis. Also, as the health-concern among the consumers is rising, there has been a big change in their lifestyle.

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The consumers prefer the use of products that contain nutritive ingredients and offer health benefits. Thus, as the number of patients with arthritis increases, the demand for products containing gamma linolenic acid is expected to increase.

As the body does not synthesize gamma linolenic acid, the humans have to depend on the external source to fulfill the body requirements. The deficiency of gamma-linolenic acid causes certain changes in body metabolism. Thus, the dependence on the external source to satisfy the gamma linolenic acid requirement is estimated to serve as a driver for its market.

Gamma linolenic acid offers various health benefits. Gamma linolenic acid is used as a medication for several health conditions such as allergies, high cholesterol, menopause, metabolic syndrome, and eczema. Also, the consumption of gamma linolenic acid decreases the symptoms of nerve damage due to diabetes.

Some studies have also shown that the consumption of gamma linolenic acid helps to slow down the growth of tumors and also aids in improving the efficacy of certain anti-cancer drugs. The several health benefits of the gamma linolenic acid are anticipated to increase its demand in the dietary supplement and pharmaceutical industry.

Gamma Linolenic Acid Market: Regional Analysis

According to the Arthritis Foundation, by 2040, the number of US adults with doctor-diagnosed arthritis is estimated to increase by 49% and affect around 78.4 million US population. The rising cases of arthritis in North America are expected to have a positive impact on the gamma linolenic acid market.

The manufacturers of various industries are estimated to focus on developing products that help in providing an effective solution for arthritis. Thus, the manufacturers of gamma linolenic acid have the opportunity to improve the marketing and promotional strategies, which would increase the awareness about the health-benefits of gamma linolenic acid, and further increase its application in the end-use industries.

Gamma Linolenic Acid Market: Key Participants

Few of the key market players in the gamma linolenic acid market are:

• Merck KGaA
• Enzo Life Sciences, Inc.
• Cayman Chemical
• Thermo Fisher Scientific
• Cherish Pharma

The research report presents a comprehensive assessment of the gamma linolenic acid market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as nature, from, and end-use.

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The report covers exhaustive analysis on:

• Gamma Linolenic acid Market Segments
• Market Dynamics
• Market Size
• Supply and Demand
• Current Trends/Issues/Challenges pertaining to gamma linolenic acid market
• Competition Landscape and Emerging Market Participants in gamma linolenic acid market
• Technology related to Production/Processing of gamma linolenic acid
• Value Chain Analysis of the gamma linolenic acid market

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Gamma Linolenic Acid Market Segmentation

The gamma linolenic acid market can be segmented on the basis of nature, form, and end-use –

The gamma linolenic acid market can be segmented on the basis of nature as:

• Organic
• Conventional

The gamma linolenic acid market can be segmented on the basis of the form as:

• Powder
• Liquid

The gamma linolenic acid market can be segmented on the basis of the end-use as:

• Food and Beverage
• Dietary Supplements and Functional Foods
• Pharmaceutical Industry
• Cosmetic and Personal Care
• Animal Nutrition

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Report Highlights:

• Detailed overview of parent market
• Changing dynamics of the gamma linolenic acid market in the industry
• In-depth market segmentation and analysis
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments in the gamma linolenic acid market
• Competitive landscape of the gamma linolenic acid market
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on gamma linolenic acid market performance
• Must-have information for gamma linolenic acid market players to sustain and enhance their market footprint

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Future Market Insights Inc.
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According to Future Market Insights (FMI), the global mineral fortification market is set to witness growth at a CAGR of 7.1% and is anticipated to reach a valuation of around US$ 137.2 Bn by 2032.

The technique of adding minerals to regularly consumed foods to boost their nutritional value is known as mineral fortification. It’s a tried-and-true, safe, and cost-effective strategy for improving diets and avoiding and treating micronutrient deficiencies.

The global mineral fortification sector has seen significant growth in recent years as a result of the growing consumption of mineral-enriched meals. Rising health concerns and an increase in illness rates are the key drivers of the mineral fortification market throughout the forecast period. According to FMI, between 2017 and 2021, the market grew at a CAGR of 6.7%.

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In response to the rising prevalence of nutritional deficiencies, particularly in developing countries, food fortification programs have evolved as public health initiatives. In statistical investigations, iodine fortification has been demonstrated to reduce the incidence of goiter by approximately 90%.

Mineral fortification is a cost-effective technique for improving population nutrition, and it has significant economic benefits. Micronutrients are repeatedly scored as the most cost-effective development intervention, with huge returns for a modest cost, according to reviews such as the Copenhagen Consensus.

Key Takeaways from the Market Study

• Based on mineral type, the calcium mineral fortification is anticipated to account for around 28.9% of the market share over the forecast period.
• North America mineral fortification market is expected to witness a lucrative growth rate of 6.8% CAGR during the forecast period.
• East Asia is projected to account for 19.3% of the global mineral fortification consumption through 2032.
• Based on end-use, the food segment is anticipated to account for around 39.8% of the market share over the forecast period.

 “Key manufacturers are adopting strategies such as product branding and positioning to gain revenue. They are capitalizing on growing preference for healthy and staple food products. This is expected to create remunerative growth opportunities for the mineral fortification market.” says a Future Market Insights analyst.

Competitive Landscape

Some of the leading players operating in the global mineral fortification market include, Koninklijke DSM NV, The Archer Daniels Midland Company, BASF SE, Cargill Incorporated, Merck & Co. Inc., DuPont de Nemours Inc., DSM Nutritional Products, ABBOTT LABORATORIES, General Mills, Albion Minerals., The Proctor and Gamble Company, Specialty Minerals Inc., Heinz, Kellogg’s., Pestell Nutrition Inc, Wright Group, And Fortitech Inc., among others.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global Mineral Fortification market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Mineral Fortification Market by Category

By Mineral Type:

• Calcium
• Iron
• Zinc
• Iodine
• Other Minerals

By End-use Application:

• Food
• Beverage
• Dietary Supplement
• Animal Feed

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• The Middle East and Africa

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Frequently Asked Questions

• How big is the mineral fortification market?
• What is the anticipated market value of the mineral fortification market by 2032?
• What is the mineral fortification market outlook?
• Which region is expected to drive the demand for the mineral fortification market?
• Who are the leading key players operating in the market?

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube