Nutrition Chemicals Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The global Nutrition Chemicals Market is projected to grow at a CAGR of over 5.90% during forecast period, to reach to around USD 17.4 billion by end of 2030.
Nutrition Chemicals Market Overview:
Nutrition chemical are widely used as food additives to enhance the nutritional value of foods required by humans, plants, and animals, extend the shelf life of products, and impart taste, color, and texture to products. These chemicals are used in a variety of applications including pharmaceuticals, animal nutrition, food, cosmetics and personal care, and agriculture, among others.
Animal and agricultural nutrients and chemical products are used to improve the dietary needs of plants and animals. Some of the commonly used animal nutrition chemical products used to enhance the nutrition value of animal feed include organic acids, enzymes, vitamins, and glycinates, among others. Nutrition chemicals are increasingly used in animal feed as nutritional supplements to maintain the balance of protein, vitamins, and other nutritional minerals in livestock diets. Plant nutrition chemicals include nitrogen, phosphorus, potassium, calcium, magnesium, sulfur, iron, copper, etc. All of these chemicals are plant boosters, absorbed by the roots, helping them grow and provide food for humans and animals.
Nutrition Chemicals market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Nutrition Chemicals market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The global Nutrition Chemicals market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
- December 2021 - a Greentech company that provides suppliers with low-carbon, natural products produced with technology based on natural micro-organisms, AFYREN, has announced the signing of two deliberate contracts for the long-term delivery of biobased ingredients by AFYREN NEOXY to two of the leading market players in the health and nutrition markets.
Top Key Players include in the Nutrition Chemicals Market are
BASF, DOW Chemical, Vertellus, Evonik Industries, DUPont, TATA Chemicals, FMC Corporation, Cognis, AIC, DSM, and others.
The Nutrition Chemicals market research report is categorized based on type, applications and region.
On the Basis of Type:
On the Basis of Application:
- Personal Care
On the Basis of Region:
Geographically, the global Nutrition Chemicals market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global Nutrition Chemicals region is dominating this market in the upcoming future.
The North American market accounted for the largest share of the global nutrition market in 2018 owing to surging demand for packaged food and beverages. The use of nutrition in beverages is increasing owing to the increasing demand for health and energy drinks. Moreover, growing healthcare industry along with increasing geriatric population is driving the growth of the North American nutrition market. Moreover, rising demand for corn, grains, and other corn products is driving U.S. agriculture, which is likely to boost the demand for nutritional chemicals.
Asia Pacific was the fastest growing nutrition market in 2018 and is expected to register a significant CAGR during the review period. The market growth can be attributed to the rising demand for nutrient-rich foods and beverages to improve health. Growing pharmaceutical industry owing to growing health concerns and increasing spending on nutrition supplements are driving the demand for nutrition chemicals. The growth of the meat industry has driven the increase in the consumption of processed meat and animal by-products, which has led to an increase in the demand for animal feed in Asia Pacific, thereby boosting the demand for nutrition chemicals.
The market in Europe is likely to witness significant growth over the review period due to rising consumption of packaged food and beverages due to convenience and extended shelf life. Moreover, the growing cosmetics and personal care industry along with rising demand for UV-resistant skin care products is likely to drive the growth of the nutraceuticals market during the review period.
The market in Latin America, Middle East & Africa is expected to witness considerable growth owing to changing consumption patterns and increasing demand for nutritional supplements.
Further the regions are divided into countries as follows
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Nutrition Chemicals Market report scope
CAGR of 5.90% during the forecast period.
Animal, Plant, Food
Pharmaceuticals, Agriculture, Food, Household, Cosmetics, Personal Care
BASF, DOW Chemical, Vertellus, Evonik Industries, DUPont, TATA Chemicals, FMC Corporation, Cognis, AIC, DSM
Regions and Countries Covered
2017 to 2022
2023 to 2030
The major key questions addressed through this innovative research report:
What are the major challenges in front of the global Nutrition Chemicals market?
Who are the key vendors of the global Nutrition Chemicals market?
What are the leading key industries of the global Nutrition Chemicals market?
Which factors are responsible for driving the global Nutrition Chemicals market?
What are the key outcomes of SWOT and Porter’s five analysis?
What are the major key strategies for enhancing global opportunities?
What are the different effective sales patterns?
What will be the global market size in the forecast period?
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