The Middle East and Africa Bioactive Ingredients Market was worth $2.49 billion in 2016 and estimated to be growing at a CAGR of 6.99%, to reach $3.49 billion by 2021.
Vendors of bioactive ingredients often ascribe health welfares to these compounds, but there is lacking research into the efficiency and safety of these ingredients, either in long term use or in amounts that surpass normal feeding levels.
Nevertheless, the augmented awareness of health worries among consumers is the major driver for the growth of this market. With rising number of educated people, market is expanding due to increasing awareness about the types of food & beverages that help in sustaining a balanced diet and proper health.
The bioactive ingredients market is very competitive with the existence of small and large dealers.
The rigorous rules and strong regulatory analysis for the consumption of food ingredients pose a challenge for the growth of the market.
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Middle East and Africa market for Bioactive Ingredients is segmented by type into Prebiotics, Probiotics, Amino Acids, Peptides and Proteins, Omega 3 & Structured Lipids, Phytochemicals & Plant Extracts, Minerals, Vitamins, Fibers & Specialty Carbohydrates, Carotenoids & Antioxidants and Other Bioactive Ingredients. The bioactive ingredients market is segregated by application into Functional Food, Functional Beverages, Dietary Supplements, Animal Nutrition and Personal Care.
Phytochemicals & plant extracts demonstrate to be the most accepted ingredients with the highest probable growth rate while functional beverages segment is attracting the health-conscious people.
Geographically the market is segmented into Middle East and Africa. Africa is dominating the region’s market for bioactive ingredients and is estimated to continue its dominance over the forecast period.
Some of the key players functional in bioactive ingredients market consist of Arla Foods, Ingredion Incorporated Koninklijke DSM N.V., BASF SE, Ajinomoto Co. Inc., FMC Corporation, Cargill Incorporated, Archer Daniels Midland Company and Roquette.
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