The Health Ingredients Global Market Report 2023, provides comprehensive information on the health ingredients market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Health Ingredients Global Market Report 2023, the market size is expected to grow from $97.42 billion in 2022 to $105.6 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of health ingredients market is expected to reach $143.52 billion in 2027 at a CAGR of 8%.

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Product innovation is a key trend gaining popularity in the health ingredients market. Major companies operating in the health ingredient market are developing innovative products to sustain their position in the market. For instance, in August 2022, Youtheory, a US-based health, wellness, and fitness company, launched a new line of liquid nutrient packets and capsules that included K2D3, B12B6, and Ashwagandha. These simple-to-take capsules and ready-to-drink sachets offer a daily serving those aids in supporting overall mental and physical well-being. B12B6 liquid mix with complementary tablets helps boost brain health and vitality in a portable, easy-to-carry packet ideal for your hectic lifestyle. The KSM-66 organic full-spectrum extract, the most clinically backed Ashwagandha on the market, is used in the Youtheory Ashwagandha liquid and pill recipe. With the help of Youtheory K2D3, the body can use calcium effectively for several processes involved in regular metabolism. Additionally, K2 and D3 support each other in stimulating bone formation and cardiovascular health.

The health ingredients market is segmented:

1) By Type: Vitamins, Minerals, Probiotic Starter Cultures, Prebiotics, Plant And Fruit Extracts, Enzymes, Nutritional Lipids, Functional Carbohydrates, Proteins
2) By Source: Plant-Based, Animal-Based, Microbial-Based., Other Sources
3) By Function: Weight Management, Immunity Enhancement, Gut Health Management, Joint Health Management, Heart Or Cardiovascular Health Management, Eye Health Management, Brain Health Management, Other Functions
4) By Distribution Channel: Supermarket, Retail Store, Online Sales
5) By Application: Food And Beverages, Pharmaceuticals, Animal Feed, Personal Care
North Americawas the largest region in the health ingredients market in 2022.

The table of contents in TBRC’s health ingredients market report includes:
1. Executive Summary
2. Health Ingredients Market Characteristics
3. Health Ingredients Market Trends And Strategies
4. Health Ingredients Market - Macro Economic Scenario
5. Impact Of High Inflation On Online Therapy Services Market
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31. Health Ingredients Market Other Major And Innovative Companies
32. Global Health Ingredients Market Competitive Benchmarking
33. Global Health Ingredients Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Health Ingredients Market
35. Health Ingredients Market Future Outlook and Potential Analysis
36. Appendix

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