Phytonutrients Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Phytonutrients are compounds found in plants that perform a variety of functions, including protecting the plant's vitality. Not only do they help the plant, but they also offer various benefits to phytonutrient consumers. They have anti-inflammatory, antioxidant, and liver-health promoting properties. Due to their health-promoting properties, they are used in a variety of industries, including food and drinks, vitamins, pharmaceuticals, and cosmetics.

MARKET DYNAMICS

Phytonutrients are gaining popularity in a variety of industries due to the many health benefits associated with them. The increasing population's health issues, combined with a growing interest in phytonutrients, are driving the global growth of the phytonutrients industry. It is gaining popularity in the pharmaceutical industry due to its ability to protect the human body against the risk of stroke, heart disease, blindness, and some forms of cancer. Furthermore, rising demand for functional foods and beverages, combined with rising awareness among the health-conscious population, propels market growth positively. The increasing use of phytonutrients in supplements and sports nutrition is fueling the growth of the phytonutrients industry. Furthermore, a rising health-conscious population and a growing trend of including functional foods and nutritional supplements in their diet propel the phytonutrient market.

MARKET SCOPE

The "Global Phytonutrients Market Analysis to 2031 " is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the phytonutrients market with detailed market segmentation by type, application and geography. The global phytonutrients market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading phytonutrients market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global phytonutrients market is segmented on the basis of type, and application. On the basis of type the global phytonutrients market is segmented into carotenoids, flavonoids, phenolic compounds, and phytosterols. Based on application the global phytonutrients market is segmented into pharmaceutical, food and beverage, personal care and hygiene, animal nutrition, human nutrition, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global phytonutrients market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The phytonutrients market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the phytonutrients market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the phytonutrients market in these regions.

MARKET PLAYERS

The reports cover key developments in the phytonutrients market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from phytonutrients market are anticipated to lucrative growth opportunities in the future with the rising demand for phytonutrients in the global market. Below mentioned is the list of few companies engaged in the phytonutrients market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the phytonutrients market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Archer Daniels Midland Company
  
•   BASF SE
  
•   CARGILL INC
  
•   Chr. Hansen A/S
  
•   CYANOTECH CORPORATION
  
•   Dohler GmbH
  
•   DSM N. V.
  
•   FMC CORPORATION
  
•   KEMIN INDUSTRIES INC.
  
•   RAISIO PLC.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Phytonutrients Report Scope