India Bioactive Ingredients Market Size & Outlook
Related Markets
India bioactive ingredients market highlights
- The India bioactive ingredients market generated a revenue of USD 7,751.8 million in 2022 and is expected to reach USD 14,984.2 million by 2030.
- The India market is expected to grow at a CAGR of 8.6% from 2023 to 2030.
- In terms of segment, fiber was the largest revenue generating product in 2022.
- Other Ingredients is the most lucrative product segment registering the fastest growth during the forecast period.
Bioactive ingredients market data book summary
| Market revenue in 2022 | USD 7,751.8 million |
| Market revenue in 2030 | USD 14,984.2 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Fiber |
| Fastest growing segment | Other Ingredients |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fiber, Vitamins, Omega 3 PUFA, Plant Extracts, Minerals, Carotenoids & Antioxidants, Probiotics, Other Ingredients |
| Key market players worldwide | Archer-Daniels Midland Co, Basf SE, Cargill, Ingredion Inc, Ajinomoto Co Inc, Owens & Minor Inc, Sensient Technologies Corp, DuPont de Nemours Inc |
Other key industry trends
- In terms of revenue, India accounted for 4.5% of the global bioactive ingredients market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bioactive ingredients market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 14,984.2 million by 2030.
Fiber was the largest segment with a revenue share of 23.87% in 2022. Horizon Databook has segmented the India bioactive ingredients market based on fiber, vitamins, omega 3 pufa, plant extracts, minerals, carotenoids & antioxidants, probiotics, other ingredients covering the revenue growth of each sub-segment from 2018 to 2030.
The functional food market is growing at a high rate owing to the rising disposable income levels in India. These products are also gaining popularity because of the prevalent health and wellness trend, which is increasingly emphasizing obtaining the optimum nutrition.
Customers are consequently becoming willing to pay more for functional food. Thus, the growth of functional foods in the country is expected to benefit the bioactive ingredients market over the coming years.
There are about 224.3 million undernourished people in India in 2020 as per the report published by UNICEF, and the number is predicted to decline in the coming years due to the rising awareness of people regarding optimum nutrition and healthy diet.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Bioactive Ingredients Market Scope
Bioactive Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ajinomoto Co Inc | View profile | 43318 | 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, Japan, 104-8315 | http://www.ajinomoto.co.jp |
| Owens & Minor Inc | View profile | 13700 | 9120 Lockwood Boulevard, Mechanicsville, VA, United States, 23116 | https://www.owens-minor.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Ingredion Inc | View profile | 11600 | 5 Westbrook Corporate Center, Westchester, IL, United States, 60154 | https://www.ingredion.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
| Sensient Technologies Corp | View profile | 3956 | 777 East Wisconsin Avenue, Milwaukee, WI, United States, 53202-5304 | https://www.sensient.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
India bioactive ingredients market size, by product, 2018-2030 (US$M)
India Bioactive Ingredients Market Outlook Share, 2022 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
