(MENAFN- GetNews) Phytonutrient Market, By Type (Carotenoids, Phytosterols, Flavonoids, Phenolic Compounds, Vitamin E, Glucosinolates, Resveratrol, Ellagic Acid, Others), Application (Pharmaceutical, Food & Beverage, Personal Care & Hygiene, Animal Nutrition), Source (Fruits & Vegetables, Cereals & Oilseeds, Herbs & Trees, Others), Geography The geometric and numerical data collected to generate this report are meant mostly by the graphs, tables and charts that make this phytonutrient report more user-friendly. When making key business decisions, you can rely on this market report from phytonutrient for sure. In addition, this market report gives customers an idea of the market drivers and restrictions extracted from SWOT analysis and also provides all the CAGR projections for the 2016, 2017 base year and 2019-2025 forecast period. In addition, this market report gives customers an idea of the market drivers and restrictions extracted from SWOT analysis and also provides all the CAGR projections for the 2016, 2017 base year and 2019-2025 forecast period.
Phytonutrient can be described as the bio-active compounds that are sourced from different plants and are used due to their nourishing capabilities and high metabolism inducing characteristic. They are used for the treatment of a number of disorders and are used in a number of food supplements because of it. They are also used as colouring agents in food products as they offer the same to a number of plants.
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Global phytonutrient market is set to grow from its initial estimated value of USD 4.77 billion in 2018 to an estimated value of USD 8.52 billion by 2026, registering a CAGR of 7.5% in the forecast period of 2019-2026. This rise in market value can be attributed to the increased demand and applications of it in the food & beverage industry and food supplements.
Key Companies
Few of the major competitors currently working in the phytonutrient market are FMC Corporation, BASF SE, Pharmachem Laboratories LLC., Koninklijke DSM N.V., Raisio Plc., Chr. Hansen Holding A/S, Archer Daniels Midland Company, Cargill Incorporated, Allied Biotech Corporation, Arboris LLC, Döhler, DDW The Colour House, Cyanotech Corporation, Kemin Industries Inc., DowDuPont, and Takasago International Corporation.
Market Drivers:
Increased adoption of phytonutrients in a number of food products and supplements as additives due to their high nutrition and disease altering capabilities is expected to drive the market growth Rising income and growing concerns regarding human health is also expected to drive the market growth Market Restraints:
Side effects associated with increased and excessive usage and consumption of phytonutrient is expected to restrain the market growth Absence of appropriate and standardized equipment used for the extraction of phytonutrient from plants is also expected to restrain the market growth as it affects the quality of extraction and phytonutrient product Get TOC For Full Analysis Of Report: https://databridgemarketresearch.com/toc/?dbmr=global-phytonutrient-market
Key Developments in the Market:
In April 2017, Kemin Industries Inc. announced the expansion and establishment of its manufacturing facility in Lipetsk, Russia. This expansion will help to meet the growing demand of the market globally and increase the market share of the company. In September 2018, Cyanotech Corporation announced that they have agreed to purchase production and research facility including the equipment and resources from Cellana LLC. This expansion of production facility is expected to help in research and development of new products and production techniques for the company. Segmentation:Global Phytonutrient Market
By Type oCarotenoids
Beta-Carotenes Lutein Lycopene Astaxanthin Zeaxanthin Canthaxanthin Others oPhytosterols
Beta-Sitosterol Campesterol Stigmasterol Others oFlavonoids oPhenolic Compounds
oVitamin E
oGlucosinolates
oResveratrol
oEllagic Acid
oOthers
Betalains Alkaloids Monoterpenes Anthocyanins Lignans By Application oPharmaceutical
oFood & Beverage
oPersonal Care & Hygiene
oAnimal Nutrition
By Source oFruits & Vegetables
oCereals & Oilseeds
oHerbs & Trees
oOthers
By Geography oNorth America
U.S. Canada Mexico oSouth America
Brazil Argentina Rest of South America oEurope
Germany France United Kingdom Italy Spain Russia Turkey Belgium Netherlands Switzerland Rest of Europe oAsia-Pacific
Japan China South Korea India Australia Singapore Thailand Malaysia Indonesia Philippines Rest of Asia Pacific oMiddle East & Africa
South Africa Egypt Saudi Arabia United Arab Emirates Israel Rest of Middle East & Africa Competitive Analysis:Global Phytonutrient Market Global phytonutrient market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of phytonutrient market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Insights in the report:
Competitive analysis of key competitors involved in the market Complete analysis of Market Segmentation and which segments are set to flourish in the forecast period of 2019 to 2026 Market Drivers and Restraints analysis along with the analysis of the market structure Want Full Report? Enquire Here: https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-phytonutrient-market
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