Nutraceutical Excipients

Nutraceutical Excipients Market by Form (Dry, Liquid), Source (Inorganic Chemical, Organic Chemical), Function - Global Forecast 2024-2030

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[180 Pages Report] The Nutraceutical Excipients Market size was estimated at USD 4.19 billion in 2023 and expected to reach USD 4.46 billion in 2024, at a CAGR 6.77% to reach USD 6.63 billion by 2030.

Nutraceutical Excipients Market
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Nutraceutical excipients are inactive substances formulated alongside the active ingredients of a nutraceutical product. These excipients serve various functions, such as aiding in product stability, enhancing bioavailability, or improving the overall product aesthetic, such as taste or appearance. This market caters to the application of excipients in the form of binders, fillers, diluents, disintegrants, and coatings, among others, in the nutraceutical industry. Increasing health awareness with the rise in chronic diseases is expanding the consumption of nutraceuticals, subsequently driving the growth of the nutraceutical excipients market. Additionally, the expansion of the dietary supplement market and increased demand for functional foods have spurred the development of innovative nutraceutical excipients. Stringent regulatory requirements for approval and the complexity involved in formulating excipients that are compatible with a range of active ingredients hampers the growth of the market. Rising research and development for excipients that enhance the bioavailability of nutraceuticals represents an opportunity for the growth of the nutraceutical excipients market.

Regional Insights

In the Americas, nutraceutical excipients are bolstered by a presence of robust and health-conscious consumer base with a high demand for functional foods and dietary supplements. Customers are inclined towards transparent labeling and clean excipients that align with their dietary preferences and lifestyle choices. Research initiatives are blending technology with health, as seen in the adoption of advanced delivery systems for improved bioavailability. The European Union exhibits a high level of regulatory rigor in the nutraceutical sector, promoting the safety and efficacy of products. Consumers in the region are inclined towards nutraceuticals with clinically proven health benefits and minimal processing. The EU's Novel Food Regulation is instrumental in guiding new excipients entering the market. Recent patents in the region emphasize innovative botanical extracts and synergistic combinations of excipients that enhance product stability and functionality. Asia-Pacific’s nutraceutical excipients market is rapidly expanding, driven by a growing middle class and an increasingly elderly population. Traditional Chinese Medicine (TCM) influences the development and marketing of nutraceutical products. Patents in the region often incorporate herbal and natural components, with significant investments in research to validate the efficacy of these traditional excipients in modern applications. Middle East and Africa are experiencing rising demand for dietary supplements and functional foods due to a growing expatriate population and an increase in lifestyle-related diseases.

Form: Growing significance of dry form nutraceutical excipients due to their stability and ease of handling

Dry form nutraceutical excipients, including include powders, granulates, and direct compression bases, are widely used in the industry due to their stability, ease of handling, and cost-effectiveness. The preference for dry excipients leans on stability concerns, ease of transport, and longer shelf life. This form also allows for high precision in dosage forms and is typically employed in the production of tablets and capsules. Liquid form excipients are used for the formulation of syrups, elixirs, and suspensions. These excipients can include solvents, preservatives, flavoring agents, and sweeteners. Liquid excipients are preferred when formulating solutions for individuals who have difficulty swallowing solid forms such as pills or capsules. These are also essential in pediatric and geriatric applications due to ease of dose adjustment and palatability.

Source: Growing potential of organic chemicals suitable for formulations and derived from natural or synthetic processes

Inorganic chemicals are excipients that consist of minerals and salts. They are prized for their stability, consistency, and cost-effectiveness. Inorganic excipients are primarily used for their bulking, buffering, and anti-caking properties. Calcium phosphates are used for their compressibility in tablet formulation. Magnesium stearate is used as a lubricant to prevent ingredients from sticking to manufacturing equipment. Organic chemicals are carbon-based excipients derived from natural or synthetic processes. They are essential for their versatility in functions, including as binders, coatings, flavoring agents, and disintegrants.

Function: Increasing demand for nutraceutical excipients as binders to ensure that tablets and capsules stick together

Binders are critical components that are used to ensure that tablets and capsules stick together successfully. They are typically added to ensure that the ingredients form a cohesive and solid dose. Common binders include cellulose derivatives, including, microcrystalline cellulose, as well as starches, sugars, and synthetic polymers. Coating agents are applied to the surfaces of tablets or granules to mask taste, improve swallowability, protect active ingredients from light or moisture, and control their release. Disintegrants are ingredients added to tablets or capsules that help them to break down into smaller fragments, enhancing the dissolution and absorption of the active components. Common disintegrants include sodium starch glycolate, croscarmellose sodium, and alginic acid. Fillers & diluents are inert substances used to add volume to nutraceuticals, ensuring that tablets and capsules are of a practical size for administration. Commonly used materials include lactose, cellulose, calcium phosphates, and mannitol. ​​Flavoring agents are used to improve the palatability of nutraceuticals, making them more appealing to consume. They can include natural and artificial flavors, such as fruit essences, menthol, or vanilla. Lubricants are substances that are added to nutraceutical formulations to prevent ingredients from clumping together and to ensure that tablets eject smoothly from press machines. Magnesium stearate, stearic acid, and silica are among the common lubricants used.

Market Dynamics

The market dynamics represent an ever-changing landscape of the Nutraceutical Excipients Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Disruption Analysis

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Nutraceutical Excipients Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Nutraceutical Excipients Market.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Nutraceutical Excipients Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Value Chain & Critical Path Analysis

The value chain of the Nutraceutical Excipients Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

Pricing Analysis

The pricing analysis comprehensively evaluates how a product or service is priced within the Nutraceutical Excipients Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Nutraceutical Excipients Market.

Technology Analysis

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Nutraceutical Excipients Market.

Patent Analysis

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Nutraceutical Excipients Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

Trade Analysis

The trade analysis of the Nutraceutical Excipients Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

Regulatory Framework Analysis

The regulatory framework analysis for the Nutraceutical Excipients Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Nutraceutical Excipients Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Nutraceutical Excipients Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Roquette Introduces New Chapter in Moisture Protection

    Roquette expanded its premier nutraceutical and pharmaceutical excipients portfolio with the introduction of three innovative excipient grades engineered to enhance the stability and moisture management for moisture-sensitive active ingredients. At the CPHI Barcelona event, Roquette showcased LYCATAB CT-LM, a specially tailored partially pregelatinized starch, along with two superior grades of microcrystalline cellulose, MICROCEL103 SD and MICROCEL 113 SD, designed to offer heightened protection against moisture. This new range of excipients, part of Roquette's extensive moisture protection collection, features low water activity (Aw) attributes, which are critical in promoting efficient drug development across varied production techniques and formulation demands. Roquette continues to affirm its commitment to delivering cutting-edge solutions that address the intricate challenges faced by pharmaceutical manufacturers in ensuring drug effectiveness and reliability. [Published On: 2023-10-25]

  • Lubrizol Launches Carbopol Polymers for Nutraceuticals with New EU Food Grade Approval

    The Lubrizol Corporation secured EU food-grade approval for their Carbopol Polymers, a move that promises to revolutionize the nutraceutical industry. This accreditation empowers manufacturers within the EU to enhance their product offerings and assert new, innovative claims about their items. These polymers are reliable and proven excipients for creating high-value nutraceutical products. Furthermore, they possess distinctive properties that ensure the consistent and stable release or suspension of active nutraceutical ingredients, thus guaranteeing a steady delivery of the health benefits they promise. [Published On: 2023-10-23]

  • Univar Solutions Expands Specialty Pharmaceutical and Nutraceutical Ingredient Portfolios with Grace SYLOID FP Silica for Majority of Europe

    Univar Solutions Inc. announced a distribution agreement with W. R. Grace & Co. for their SYLOID FP silica excipient in the pharmaceutical and nutraceutical industries across the majority of European nations. This new partnership builds on a well-established global relationship that includes the United States, Brazil, Mexico, and most of Europe, making SYLOID FP silica—a versatile excipient favored in a range of drug delivery systems and dietary supplements—readily available to customers. [Published On: 2023-06-08]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Nutraceutical Excipients Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Nutraceutical Excipients Market, highlighting leading vendors and their innovative profiles. These include Akzo Nobel N.V., Ashland Global Holdings Inc., BASF SE, Cargill, Incorporated, Colorcon Inc., Croda International PLC, DuPont de Nemours, Inc., Evonik Industries AG, Gattefossé, Grain Processing Corporation (GPC), Hilmar Ingredients, IMCD N.V., Ingredion Incorporated, Innophos Holdings Inc., Innospec Inc., Kerry Group PLC, Kewpie Corporation, Lonza Group Ltd., Lubrizol Corporation, Meggle Group, Merck KGaA, Mitsubishi Chemical Holdings Corporation, Nutra Healthcare, Roquette Frères, Sensient Technologies Corporation, Signet Chemical Corporation Pvt. Ltd., and Wacker Chemie AG.

Nutraceutical Excipients Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
Market Segmentation & Coverage

This research report categorizes the Nutraceutical Excipients Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Form
    • Dry
    • Liquid
  • Source
    • Inorganic Chemical
    • Organic Chemical
  • Function
    • Binders
    • Coating Agents
    • Disintegrants
    • Fillers & Diluents
    • Flavoring Agents
    • Lubricants

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Nutraceutical Excipients Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Nutraceutical Excipients Market, by Form
  7. Nutraceutical Excipients Market, by Source
  8. Nutraceutical Excipients Market, by Function
  9. Americas Nutraceutical Excipients Market
  10. Asia-Pacific Nutraceutical Excipients Market
  11. Europe, Middle East & Africa Nutraceutical Excipients Market
  12. Competitive Landscape
  13. Competitive Portfolio
  14. List of Figures [Total: 22]
  15. List of Tables [Total: 288]
  16. List of Companies Mentioned [Total: 27]
Frequently Asked Questions
  1. How big is the Nutraceutical Excipients Market?
    Ans. The Global Nutraceutical Excipients Market size was estimated at USD 4.19 billion in 2023 and expected to reach USD 4.46 billion in 2024.
  2. What is the Nutraceutical Excipients Market growth?
    Ans. The Global Nutraceutical Excipients Market to grow USD 6.63 billion by 2030, at a CAGR of 6.77%
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