Europe Phytonutrients Market

Europe Phytonutrients Market Size, Growth, Trends and Forecast:

Europe Phytonutrients Market was worth USD 3.31 billion in 2021 and estimated to be growing at a CAGR of 6.98%, to reach USD 4.10 billion by 2026. Phytonutrients, which are also called phytochemicals, are chemical substances produced by plants. Plants use these chemicals to stay healthy. For instance, a few phytonutrients protect plants from attacks by insects, while some others protect from radiation of UV rays.

Phytonutrients provide many benefits for humans eating plant foods. A few phytonutrient-rich foods are legumes, nuts, colourful fruits and vegetables, tea, whole grains and some spices. They assist human health but are not thought of as nutrients which are essential for life processes, like protein, fats, carbohydrates, vitamins and minerals. Among the advantages of phytonutrients are anti-inflammatory and antioxidant activities. Phytonutrients also repair DNA damage from exposure to toxins, increase immunity and intercellular communication, detoxify carcinogens and alter estrogen metabolism.

Europe Phytonutrients Market Drivers:

The Europe Phytonutrients market is driven by factors like health benefits offered by them such as reduction in blood pressure and improved vision, growing end-use applications, growing demand for functional food and rising awareness about healthy foods among others. Other factors such as rising health ailments due to changes in diet are also expected to drive the market growth.

Europe Phytonutrients Market Segmentation:

Europe Phytonutrients Market – By Application:

• food and beverages

• feed
• cosmetics
• pharmaceuticals

Europe Phytonutrients Market – By Source:

• fruits and vegetables
• herbs and trees
• cereals
• pulses and oilseeds
• other sources

Europe Phytonutrients Market – By Type:

• carotenoids
  • beta-carotenes
  • lycopenes
  • lutein
  • zeaxanthin
  • astaxanthin
  • canthaxanthin
  • others
• phytosterols
  • campesterol
  • beta-sitosterol
  • sigmasterol
  • others
• flavonoids
• phenolic compounds
• vitamin compounds
• others

Geographical Analysis:

The Europe Phytonutrients market is divided based on geography into

• United Kingdom
• France
• Germany
• Italy
• Spain

Europe has the largest market in the world, which is followed by North America region. Factors such as health benefits offered by phytonutrients and rising incidence of health ailments is expected to drive the market growth in the region.

Key Players:

Some of the major players in the market include Raisio Plc. (Finland), FMC Corporation (U.S.), DSM N.V. (The Netherlands), Chr. Hansen A/S (Denmark) and BASF SE (Germany), Pharmachem Laboratories, Inc. (U.S.), Archer Daniels Midland Co. (U.S.), Cargill Inc. (U.S.), Allied Biotech Corporation (U.S.), Arboris, LLC (U.S.), Dohler Group (Germany), Carotech Berhad (Malaysia), and D.D. Williamson & Co. (U.S.).