Phytonutrients Market Size, Share, Industry, Forecast and outlook (2023-2030)

Phytonutrients Market is segmented By Additives (Carotenoids, Flavonoids, Phenolic Compounds, Phytosterols, Vitamin E and Others), By Source (Cereals, Pulses, Oilseeds, Fruits & Vegetables, Herbs & Trees and others), By Application (Food & Beverages, Animal Nutrition, Pharmaceuticals, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030.

Global Market Overview

A Report by DataM Intelligence estimates the Global Phytonutrients market to grow at a high CAGR Of 8.0% during the forecast period 2023- 2030. The market is expected to grow because it becomes important in different industries like Food & Beverages, Animal Nutrition, Pharmaceuticals. The competitive rivalry intensifies with BASF SE, Cargill Inc.., Carotech Berhad, and others operating in the market.

Global Market Scope 

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What are the advantages of Phytonutrients?

• Reduce Blood Pressure and Increase Vessel Dilation
• Decrease LDL Cholesterol
• Improved Vision
• Prevent Cell Damage
• Decrease Inflammation

The above-listed benefits are the primary factors enhancing the growth of the phytonutrients market.

What else is driving the global Phytonutrients market?

Apart from the above-mentioned benefits of the phytonutrients market, the following are also aiding the growth

• increasing customer awareness towards health concerns and adopting balanced and nutritious food diet,
• Ease of availability and low cost of raw materials,
• New and improvised techniques in extraction,
• Diversified end-user application demands

How is the global Phytonutrients market segmented?

The global Phytonutrients market consists of the following segments based on Additives: Carotenoids, Phytosterols, Flavonoids, Phenolic Compounds, Vitamin E, and Other Phytonutrients. Based on sources, the market is segmented into Fruits & Vegetables, Cereals, Pulses, and Oilseeds, Herbs & Trees and Others. Further based on applications, phytonutrients market consists of four segments namely Food & Beverages, Animal Nutrition, Pharmaceuticals, and Others. Geographically, this report segments the market into North America, South America, Europe, Asia Pacific, and RoW.

What else is included in this report?

The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.

The report profiles the following companies, which include Allied Biotech Corporation, Arboris Llc, Archer Daniels Midland Company, BASF SE, Cargill Inc., Carotech Berhad, Chr. Hansen A/S, Cyanotech Corporation, D.D. Williamson & Co., Döhler Group, DSM N. V., FMC Corporation, Kemin Industries Inc., Pharmachem Laboratories Inc., Raisio Plc., Wilbur-Ellis Holdings, Inc. and Winfield Solutions, Llc.