Growth Opportunities in the Global Phytonutrient Ingredients Market, Forecast to 2022
The ‘Living Healthy’ Trend Among Consumers Will Propel Carotenoids, Phytosterols, Vitamin E, Polyphenols, and Flavonoids Markets
  • Increased consumer awareness of nutritional benefits coupled with advancements in extraction technologies across different ingredient types are key factors driving global phytonutrient market growth. Frost & Sullivan anticipates the global phytonutrient ingredient market to reach $7,385.2 million by 2022, with a CAGR of 7.6% between 2017 and 2022.

    3 key trends creating growth opportunities in the market include:

    • Rapid development in research studies and clinical evidence prove multiple benefits for specific phytonutrient ingredients;
    • Among the end-applications segment, dietary supplements and functional foods are expected to witness higher growth in the American, European, and Asia-Pacific regions due to rising consumer demand;
    • The global vitamin E tocotrienol market segment will witness a CAGR of 20.6% over the next four years due to consumers’ interest in nutrient-rich products as a preventative measure against rising incidents of lifestyle diseases;

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