Mexico Bioactive Ingredients Market Size & Outlook
Related Markets
Mexico bioactive ingredients market highlights
- The Mexico bioactive ingredients market generated a revenue of USD 5,294.4 million in 2022 and is expected to reach USD 9,681.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.8% from 2023 to 2030.
- In terms of segment, fiber was the largest revenue generating product in 2022.
- Omega 3 PUFA 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 5,294.4 million |
| Market revenue in 2030 | USD 9,681.7 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Fiber |
| Fastest growing segment | Omega 3 PUFA |
| 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, Mexico accounted for 3.1% 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 North America, U.S. bioactive ingredients market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 7,124.6 million by 2030.
Fiber was the largest segment with a revenue share of 23.56% in 2022. Horizon Databook has segmented the Mexico 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.
In Mexico, the demand for bioactive ingredients is continuously increasing owing to the rising demand for personal care products and cosmetics, nutraceuticals, etc. Pharmaceuticals is one of the developing industries in the country providing growth opportunities to the manufacturers of bioactive ingredients market.
Mexico has one of the largest obese populations in the world, overtaking the U.S. According to NIA, approximately 70% of Mexicans are obese or overweight. Weight-related diabetic conditions, which have been reported to claim the majority of lives in the country each year, have brought on a serious obesity epidemic in Mexico.
These factors have pushed consumers in the country to change their eating habits and switch to a healthy diet. This has made nutraceuticals a necessary component of their dietary plans, thereby surging the demand for bioactive ingredients in Mexico.
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 |
Mexico bioactive ingredients market size, by product, 2018-2030 (US$M)
Mexico Bioactive Ingredients Market Outlook Share, 2022 & 2030 (US$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
