Key Market Highlights
Nutraceutical Excipients Market Size Was Valued at USD 4.28 Billion in 2023, and is Projected to Reach USD 8.10 Billion by 2032, Growing at a CAGR of 7% From 2024-2032.
- Market Size in 2024: USD 4.28 Billion
- Projected Market Size by 2032: USD 8.10 Billion
- CAGR (2025–2032): 7%
- Fastest-Growing Market: North America
- By Type: The Fillers segment is anticipated to lead the market by holding 27.34% of market share throughout the forecast period.
- By Application: The Dietary Supplements segment is expected to grab 34.82% market share to maintain dominance over the forecast period.
- By Region: North America is projected to hold 28.79% market share during the forecast period.
- Active Players: Ashland Global Holdings Inc. (USA), BASF SE (Germany), CP Kelco (USA), Dow Chemical Company (USA), DuPont de Nemours, Inc. (USA), and Other Active Players.
Nutraceutical Excipients Market Synopsis:
The Nutraceutical Excipients Market relates to the total market for inactive substances utilized in the manufacturing of nutraceutical products such as dietary supplements, functional foodstuffs, and beverages. Such excipients play different roles in nutraceuticals, for instance, stability of the active components, bio-availability and the activity of the active ingredients. It has the opportunities associated with many excipients that are being defined as binders, fillers, lubricants, and stabilizers for use in formulation and manufacture of nutraceuticals.
Nutraceutical Excipients Market Trend Analysis:
Rise in Consumer Demand for Natural and Plant-Based Excipients
- The increasing awareness of people to shift towards natural and plant derived products is one of the biggest factors that have impacted the Nutraceutical Excipients Market. As consumers are continue to read the labels on products they consume, clean-label supplements without artificial sweeteners, colours or preservatives are progressively emergent. With the increase in concern over the use of natural materials in nutraceuticals excipients used in the formulation of drug include cellulose, starches and plant derived gums. This trend is more visible in the nutrient supplement and functional food segments since the consumer focus is more on organic and earth-friendly ingredients.
- There is increasing focus on research depicting new formulations in excipients associated with the natural and organic trend for the future. In addition, concerns over environmental impact are increasing scrutiny of sustainability for excipients, and therefore the manufacturing processes by which they are created. That is why it is important to use plant-based excipients: people are more and more turning to vegan / vegetarian diets, so these products will be more popular among consumers.
Expansion in Emerging Markets
- The Nutraceutical Excipients Market experience its highest growth from emerging markets. Largest and mostly untapped consumer base makes countries in Asia-Pacific, Latin America, and Africa the new hotbeds of nutraceutical business. With enhancing disposable income in these region and better consumer health care services requirement for dietary supplements and functional foods is increasing at a fast pace. Altered Western life patterns, shifts in dietary habits, and an escalating appreciation of nutraceutical products’ health benefits are fuelling the growth of the market. It also presents the manufacturers with the opportunity to extend their market shares in these countries through localized solutions for example actual exasperate formulation in representing the market requirements of the people in the regions/ countries.
- Also, the growth in nutraceutical market in these regions can be attributed by the number of approvals regarding these products by various regulatory bodies that affords manufacturers the chance to venture into these markets. The roles that the firms get to enjoy from the retail and e-commerce sectors also help expand the market opportunity through a market access point where consumers are in distant regions.
Nutraceutical Excipients Market Segment Analysis:
Nutraceutical Excipients Market is Segmented on the basis of Type, Application, End User, and Region.
By Type, Fillers segment is expected to dominate the market during the forecast period
- There are various types of nutraceutical excipients that can be identified binders, fillers, lubricants, stabilizers, coating agents, disintegrates and others. Tablet and capsule products require binders to maintain active ingredients’ cohesiveness so they do not crumble or deteriorate easily. Excipients or merely barging are employed for the purpose of lorem ipsum, or in enhancing bulk of hard and soft gelatine encapsulated forms. Lubricants are needed to facilitate flow of powders used in tablet and capsule production so that they don’t stick to the manufacturing equipment and to keep such processes running smoothly. Stabilizers are employed to increase opportunities for products to stay fresh before selling through protecting some of the components of nutraceuticals from degrading quickly.
- Coating agencies have the impacts in modifying the look, the taste, and release characteristics in nutraceutical products. It also entails shielding the active components of a product from factors such as moisture, heat or light, for probable stability of the product in the market. They are used to aid the process through which tablets or capsules must disintegrate after ingestion in order to provide quick release of substances in the body. However, there are other forms of excipients including flavouring agents, anti-bacterial agents and colours. Nutraceuticals require such excipients to tailor the formulation in order to meet key consumer demands as well as the requirements of relevant laws.
By Application, Dietary Supplements segment expected to held the largest share
- Dietary supplements are the biggest category of excipients, there are over a thousand different types, and their primary use is in the formulation of food supplements to deliver nutrients and other active formulations to the body. Most of the ingredients used in dietary supplements like binders, fillers, and disintegrates of the tablet, capsule as well as powder formulations. These excipients make supplements to be stable, bioavailable and palatable to meet the increasing market demand of vitamins; minerals and herbal supplements across the globe. Preventive healthcare, especially in the developed world, will remain to push the category forward and thus remains a strong segment in the market.
- Functional foods and beverages are another large line of consumption for nutraceutical excipients. Because these products are functional foods, which are intended to provide specific health benefits apart from fortification of nutrients, they must contain more advanced excipients for physical properties enhancement, stability and bioavailability. Additives including stabilizer, emulsifiers, are added to functional foods like fortified snacks, energy bar and dairy drinks with the aim of improving product stability and shelf life. Consumer awareness and interest towards products that are healthy for the body, heart, digestion, immune systems among others have boosted the functional foods. Finally, animal nutrition can also be a separate application because excipients may be utilized in canine and feline foods, and other feeds for livestock and other livestock animals. This segment is expected to grow with an increasing population of pets and awareness of animal health, and the need to feed livestock animals’ quality feed.
Nutraceutical Excipients Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America region has the largest share in the Nutraceutical Excipients Market and holds a healthy market share of the global market. The United States and Canada continued to demonstrated a strong need for dietary supplements and functional foods. There are other factors which determines how a particular region performs, including the adidas business, the increasing focus on preventive healthcare, the trend toward clean-label and organic products, and the region’s sheer size.
- Furthermore, the availability of major players in the nutraceutical industry and excipients manufacturers across the region has lead to increased market growth of the North America. The U.S. market has experienced a significant growing interest in the nutraceutical products due to the escalating costs of health care and a growing population of consumers interested in preventing diseases by consuming healthy food supplements.
Active Key Players in the Nutraceutical Excipients Market
- Ashland Global Holdings Inc. (USA)
- BASF SE (Germany)
- CP Kelco (USA)
- Dow Chemical Company (USA)
- DuPont de Nemours, Inc. (USA)
- Evonik Industries AG (Germany)
- FMC Corporation (USA)
- Glanbia PLC (Ireland)
- Ingredion Incorporated (USA)
- JRS Pharma (Germany)
- KERRY Group (Ireland)
- Lubrizol Corporation (USA)
- Roquette Frères (France)
- Seppic Inc. (France)
- Sinochem International Corporation (China)
- Other Active Players.
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Nutraceutical Excipients Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 4.28 Billion |
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Forecast Period 2024-32 CAGR: |
7% |
Market Size in 2032: |
USD 8.10 Billion |
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Segments Covered: |
By Type |
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By Application |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Nutraceutical Excipients Market by Type
4.1 Nutraceutical Excipients Market Snapshot and Growth Engine
4.2 Nutraceutical Excipients Market Overview
4.3 Binders
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Binders: Geographic Segmentation Analysis
4.4 Fillers
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Fillers: Geographic Segmentation Analysis
4.5 Lubricants
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Lubricants: Geographic Segmentation Analysis
4.6 Stabilizers
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Stabilizers: Geographic Segmentation Analysis
4.7 Coating Agents
4.7.1 Introduction and Market Overview
4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.7.3 Key Market Trends, Growth Factors and Opportunities
4.7.4 Coating Agents: Geographic Segmentation Analysis
4.8 Disintegrates
4.8.1 Introduction and Market Overview
4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.8.3 Key Market Trends, Growth Factors and Opportunities
4.8.4 Disintegrates: Geographic Segmentation Analysis
4.9 Others
4.9.1 Introduction and Market Overview
4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.9.3 Key Market Trends, Growth Factors and Opportunities
4.9.4 Others: Geographic Segmentation Analysis
Chapter 5: Nutraceutical Excipients Market by Application
5.1 Nutraceutical Excipients Market Snapshot and Growth Engine
5.2 Nutraceutical Excipients Market Overview
5.3 Dietary Supplements
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Dietary Supplements: Geographic Segmentation Analysis
5.4 Functional Foods & Beverages
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Functional Foods & Beverages: Geographic Segmentation Analysis
5.5 Animal Nutrition
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Animal Nutrition: Geographic Segmentation Analysis
Chapter 6: Nutraceutical Excipients Market by End User
6.1 Nutraceutical Excipients Market Snapshot and Growth Engine
6.2 Nutraceutical Excipients Market Overview
6.3 Pharmaceutical Industry
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Pharmaceutical Industry: Geographic Segmentation Analysis
6.4 Food & Beverage Industry
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Food & Beverage Industry: Geographic Segmentation Analysis
6.5 Animal Feed Industry
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Animal Feed Industry: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Nutraceutical Excipients Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 ASHLAND GLOBAL HOLDINGS INC. (USA)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 BASF SE (GERMANY)
7.4 CP KELCO (USA)
7.5 DOW CHEMICAL COMPANY (USA)
7.6 DUPONT DE NEMOURS INC. (USA)
7.7 EVONIK INDUSTRIES AG (GERMANY)
7.8 FMC CORPORATION (USA)
7.9 GLANBIA PLC (IRELAND)
7.10 INGREDION INCORPORATED (USA)
7.11 JRS PHARMA (GERMANY)
7.12 KERRY GROUP (IRELAND)
7.13 LUBRIZOL CORPORATION (USA)
7.14 ROQUETTE FRÈRES (FRANCE)
7.15 SEPPIC INC. (FRANCE)
7.16 SINOCHEM INTERNATIONAL CORPORATION (CHINA)
7.17 OTHER ACTIVE PLAYERS
Chapter 8: Global Nutraceutical Excipients Market By Region
8.1 Overview
8.2. North America Nutraceutical Excipients Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Type
8.2.4.1 Binders
8.2.4.2 Fillers
8.2.4.3 Lubricants
8.2.4.4 Stabilizers
8.2.4.5 Coating Agents
8.2.4.6 Disintegrates
8.2.4.7 Others
8.2.5 Historic and Forecasted Market Size By Application
8.2.5.1 Dietary Supplements
8.2.5.2 Functional Foods & Beverages
8.2.5.3 Animal Nutrition
8.2.6 Historic and Forecasted Market Size By End User
8.2.6.1 Pharmaceutical Industry
8.2.6.2 Food & Beverage Industry
8.2.6.3 Animal Feed Industry
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Nutraceutical Excipients Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Type
8.3.4.1 Binders
8.3.4.2 Fillers
8.3.4.3 Lubricants
8.3.4.4 Stabilizers
8.3.4.5 Coating Agents
8.3.4.6 Disintegrates
8.3.4.7 Others
8.3.5 Historic and Forecasted Market Size By Application
8.3.5.1 Dietary Supplements
8.3.5.2 Functional Foods & Beverages
8.3.5.3 Animal Nutrition
8.3.6 Historic and Forecasted Market Size By End User
8.3.6.1 Pharmaceutical Industry
8.3.6.2 Food & Beverage Industry
8.3.6.3 Animal Feed Industry
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Bulgaria
8.3.7.2 The Czech Republic
8.3.7.3 Hungary
8.3.7.4 Poland
8.3.7.5 Romania
8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Nutraceutical Excipients Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Type
8.4.4.1 Binders
8.4.4.2 Fillers
8.4.4.3 Lubricants
8.4.4.4 Stabilizers
8.4.4.5 Coating Agents
8.4.4.6 Disintegrates
8.4.4.7 Others
8.4.5 Historic and Forecasted Market Size By Application
8.4.5.1 Dietary Supplements
8.4.5.2 Functional Foods & Beverages
8.4.5.3 Animal Nutrition
8.4.6 Historic and Forecasted Market Size By End User
8.4.6.1 Pharmaceutical Industry
8.4.6.2 Food & Beverage Industry
8.4.6.3 Animal Feed Industry
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 Netherlands
8.4.7.5 Italy
8.4.7.6 Russia
8.4.7.7 Spain
8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Nutraceutical Excipients Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Type
8.5.4.1 Binders
8.5.4.2 Fillers
8.5.4.3 Lubricants
8.5.4.4 Stabilizers
8.5.4.5 Coating Agents
8.5.4.6 Disintegrates
8.5.4.7 Others
8.5.5 Historic and Forecasted Market Size By Application
8.5.5.1 Dietary Supplements
8.5.5.2 Functional Foods & Beverages
8.5.5.3 Animal Nutrition
8.5.6 Historic and Forecasted Market Size By End User
8.5.6.1 Pharmaceutical Industry
8.5.6.2 Food & Beverage Industry
8.5.6.3 Animal Feed Industry
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Nutraceutical Excipients Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Type
8.6.4.1 Binders
8.6.4.2 Fillers
8.6.4.3 Lubricants
8.6.4.4 Stabilizers
8.6.4.5 Coating Agents
8.6.4.6 Disintegrates
8.6.4.7 Others
8.6.5 Historic and Forecasted Market Size By Application
8.6.5.1 Dietary Supplements
8.6.5.2 Functional Foods & Beverages
8.6.5.3 Animal Nutrition
8.6.6 Historic and Forecasted Market Size By End User
8.6.6.1 Pharmaceutical Industry
8.6.6.2 Food & Beverage Industry
8.6.6.3 Animal Feed Industry
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkey
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Nutraceutical Excipients Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Type
8.7.4.1 Binders
8.7.4.2 Fillers
8.7.4.3 Lubricants
8.7.4.4 Stabilizers
8.7.4.5 Coating Agents
8.7.4.6 Disintegrates
8.7.4.7 Others
8.7.5 Historic and Forecasted Market Size By Application
8.7.5.1 Dietary Supplements
8.7.5.2 Functional Foods & Beverages
8.7.5.3 Animal Nutrition
8.7.6 Historic and Forecasted Market Size By End User
8.7.6.1 Pharmaceutical Industry
8.7.6.2 Food & Beverage Industry
8.7.6.3 Animal Feed Industry
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
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Nutraceutical Excipients Market |
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|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 4.28 Billion |
|
Forecast Period 2024-32 CAGR: |
7% |
Market Size in 2032: |
USD 8.10 Billion |
|
Segments Covered: |
By Type |
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By Application |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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