North America Phytonutrients Market was worth USD 1.32 billion in 2021 and estimated to be growing at a CAGR of 7.21%, to reach USD 2.18 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.
North America Phytonutirents Market Drivers:
The North America 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.
North America Phytonutirents Market - By Application:
Food and beverages
North America Phytonutirents Market - By Source:
North America Phytonutirents Market - By Type:
Geographical Analysis:
The North America Phytonutrients market is divided based on geography into
North America has the second largest market in the world, after Europe region. Within North America, United States is expected to have the largest share. 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.).
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