The Europe Bioactive Ingredients Market was assessed to be US$ xx million in 2022, and it is predicted that it will arrive at US$ xx million by 2028, recording a notable annual expansion rate between 2023 and 2028.
Bioactive ingredients refer to supplemental biomolecules present in food to adapt to one or more metabolic processes for good health. Bioactive food ingredients are commonly found in many forms, such as esterified, thiolated, glycosylated, or hydroxylated. The bioactive ingredients also help with anemia, rickets, and malnutrition, which are commonly caused by a lack of a balanced diet and a lack of nutritious foods. Bioactive ingredients are useful for a variety of metabolic activities and have a beneficial effect on a variety of diseases, including cardiovascular disease, macular degeneration, cancer, and diabetes. They are nutrients that are naturally present in small amounts in a variety of foods such as cereals, nuts, teas, vegetables, and fruits.
The growth of the European market for bioactive ingredients is increasing as consumers' health and nutrition awareness increases.
Consumer awareness of health issues, an increased focus on fitness, high personal incomes, and urbanization in emerging economies are driving a growing demand for bioactive ingredients in Europe. Consumers' awareness of prevention rather than treatment, increased incidence of lifestyle-related diseases, increased medical spending, inadequate nutrition due to today's busy lifestyle, increased preference for consumers for natural and organic ingredients over synthetics and the growing population of baby boomers. The availability of these products as over-the-counter drugs is one of the key drivers of the Europe bioactive ingredients market. Consumers are becoming more nutrient conscious in recent years that has driven the call for wellness products. There is a growing demand from manufacturers to find the right solution that provides higher productivity and the right quality of the final product. Recent technological advances, such as microencapsulation, have been adopted to protect bioactive components from unwanted reactions and oxidation. Consumers' movement towards a healthier lifestyle and increased allergy-related concerns due to the addition of substances are driving the growth of the Europe market for bioactive ingredients, increasing the business growth during the forecast period 2020-2025. Europe Bioactive ingredients are biomolecules that are added to food and beverages to enhance metabolic progression in food and beverages. Additionally, the growth of bioactive ingredients is expected to increase over the outlook period as consumer preferences for the consumption of functional foods and beverages increase. The rise in chronic diseases caused by unhealthy lifestyles is driving the market for bioactive ingredients around the world.
Bioactive compounds are widely used due to their high quality required for the treatment of diseases. These compounds can easily treat chronic or incurable diseases such as arthritis, early stages of cancer, or diabetes. These remedies can be purchased at health food and ethnic stores, and can also be easily found in supermarkets and pharmacies. Medicinal plants, derived mainly from the indigenous pharmacopoeia, are considered a perfect source of treatment for a variety of diseases. With the increasing use of personal care products, the market for bioactive ingredient applications has expanded. In healthcare, the medical properties of bioactive ingredients are widely used in nutraceuticals, sometimes in the form of tablets, pills, and sometimes in powders and gels. Today's people are very conscious of maintaining a balanced diet with adequate content of essential nutrients. Consumers are also focusing in improving their health, along with the awareness related to disease treatments and prevention. Growing health awareness coupled with growing interest in health among consumers is expected to drive sales across the industry. Rising prevalence rates, such as obesity, disease and illness, stress, diabetes, and high blood pressure, have led people to increasingly recognize the quality of ingredients used in food and drink. This has led to an increased demand for healthy and wellness foods that provide consumers with various health and functional benefits. Foods and drinks based on bioactive ingredients are rich in vitamins, minerals and fiber and are low in calories. Therefore, the health benefits of bioactive ingredients and increased consumer health awareness will drive the growth of the local market.
Some of the factors that can hamper the growth of the Europe bioactive ingredients market is the lack of a regulatory framework to validate health claims, strict rules on the use of food ingredients, and strict regulatory scrutiny. High price increase costs, market skimming practices, and the lack of a regulatory framework to validate health claims are some of the main limitations the Europe bioactive ingredient market. The increase in therapeutic side effects, the cost of treatment and the strict regulations on the approval of new products by government agencies are some of the limitations in the Europe market for bioactive ingredients.
The European bioactive ingredients market is segmented by product as fiber, vitamins, minerals, omega 3 PUFAs, plant extracts, probiotics, carotenoids and antioxidants and other elements. The textile sector has become a leading product segment, representing more than 20% of the total industry in 2019. Fiber intake has shown chemoprotective effects in cancer growth applications.
The European market for bioactive ingredients, segmented by application, includes dietary supplements, functional foods and beverages, personal care, clinical nutrition and other products. Functional foods and beverages are considered to provide health benefits beyond their potential value. Regulatory authorities like the FDA and GRAS check ingredients before adding them to these food and drink groups. They are considered to have antioxidant properties and most people consume them in the form of tablets, capsules, juices, and concentrated powders.
By source, the regional market is divided into plant, animal and microbial. The plant-based bioactive ingredients are foreseen to rule the overall market in the coming years.
Geographically the Europe Bioactive Ingredients Market is segmented into UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe. The Europe bioactive ingredients market has driven the global industry and is expected to show the highest growth with a CAGR of 7.5% for the next 8 years. Increasing disposable income, along with demand for dietary supplements and functional foods and beverages, is determined to contribute to market growth. In recent years, progress has also been made in the biosynthesis of bioactive ingredients. Plants have been a rich source for the development of new drugs and cosmetic applications.
Key Players in the Market:
Major key players in the Europe Bioactive Ingredients Market are
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