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The nutraceutical ingredients market size is forecast to increase by USD 9.1 billion at a CAGR of 3.6% between 2023 and 2028. The market is experiencing significant expansion, driven by various significant factors. Firstly, the recognition of nutraceuticals' health benefits fuels market growth. These ingredients, derived from foods, provide additional health advantages beyond basic nutritional needs. Secondly, the increasing trend towards plant-based diets bolsters market demand. As consumers prioritize healthier lifestyle choices, the demand for nutraceutical ingredients sourced from plants continues to rise. Lastly, the aging population is another significant factor. With an increasing number of elderly individuals, there is a growing need for nutraceuticals to support healthy aging and manage age-related health conditions. These factors collectively contribute to the dynamic growth of the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Form Factor
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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