Abstract
Worldwide demand to reach $15.5 billion in 2010
World demand for nutraceutical ingredients is forecast to advance 5.8 percent
annually to $15.5 billion in 2010. In that year, these compounds will serve a
projected $197 billion global market for nutritional preparations and natural
medicines. Due to clinical and scientific evidence of health benefits and
safety, the best worldwide growth opportunities for nutraceutical ingredients
will emerge in soy isoflavone proteins; the functional food and beverage
additives lutein, lycopene, omega-3 fatty acids, probiotics and sterol esters;
the essential minerals calcium and magnesium; the herbal extracts garlic and
green tea; and the non-herbal extracts chondrotin, glucosamine and coenzyme
Q10.
Markets in China, India to expand most rapidly
China and India will emerge as the fastest expanding nutraceutical markets as
strong economic growth leads to the extensive upgrading and diversification of
food, beverage and pharmaceutical production capabilities. The United States
will remain the largest global consumer of nutraceutical ingredients due to
the broad, increasing range of nutritional preparations and natural medicines
produced domestically. However, the country's demand for these ingredients
will grow below the average worldwide pace as markets for many fortified foods
and beverages, dietary supplements, and adult and pediatric nutritionals
become more saturated. Based on outsourcing trends, the United States will
relinquish its longstanding top position in the global production of
nutraceutical ingredients to China within the next few years.
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