What is Global Immunity Support Ingredients Market?
The Global Immunity Support Ingredients Market is a vast and dynamic sector that focuses on the production and distribution of various components that aid in boosting the body's immune system. These ingredients are derived from different sources and are used in a variety of products, ranging from dietary supplements to pharmaceuticals. The market's primary goal is to meet the growing demand for immunity-boosting products, especially in the wake of the recent global health crisis. The market is driven by factors such as increasing health consciousness among consumers, rising prevalence of chronic diseases, and the growing need for preventive healthcare. The market is also influenced by ongoing research and development activities aimed at discovering new and effective immunity-boosting ingredients.
Vitamin C, Vitamin E, Other Vitamins, Beta Glucans, Carotenoids, Phytosterols, Omega-3 Fatty Acids in the Global Immunity Support Ingredients Market:
The Global Immunity Support Ingredients Market is segmented into various categories based on the type of ingredient. These include Vitamin C, Vitamin E, Other Vitamins, Beta Glucans, Carotenoids, Phytosterols, and Omega-3 Fatty Acids. Each of these ingredients plays a crucial role in enhancing the body's immune response. For instance, Vitamin C is a powerful antioxidant that helps protect the body against free radicals, while Vitamin E aids in maintaining the health of the skin and eyes. Beta Glucans are known for their ability to stimulate the immune system and fight off infections. Carotenoids are beneficial for eye health and can also reduce the risk of certain types of cancer. Phytosterols are plant compounds that can lower cholesterol levels, and Omega-3 Fatty Acids are essential for heart health. The market for these ingredients is driven by their wide range of health benefits and their increasing inclusion in various health and wellness products.
Nutrition Supplements, Foods & Beverages, Pharmaceuticals, Feeds, Pet Foods, Personal Care Products in the Global Immunity Support Ingredients Market:
The Global Immunity Support Ingredients Market finds its application in a variety of sectors including Nutrition Supplements, Foods & Beverages, Pharmaceuticals, Feeds, Pet Foods, and Personal Care Products. In the Nutrition Supplements sector, these ingredients are used to formulate products that help boost the body's immune system. In the Foods & Beverages sector, they are added to enhance the nutritional value of the products. In the Pharmaceuticals sector, these ingredients are used in the production of drugs and medicines aimed at treating or preventing various diseases. In the Feeds and Pet Foods sectors, they are used to improve the health and well-being of animals. Lastly, in the Personal Care Products sector, these ingredients are used in the formulation of skincare and haircare products due to their antioxidant properties.
Global Immunity Support Ingredients Market Outlook:
In 2023, the Global Immunity Support Ingredients Market was valued at US$ 16290 million. It is projected to reach a value of US$ 23170 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period from 2024 to 2030. In 2019, the top five players in the global market were DSM, BASF, Zhejiang NHU, Croda, and CSPC Pharma. These companies collectively held a market share of 44.78% in terms of revenue. DSM was the market leader, holding about 23% of the global market. The market's growth is attributed to the increasing demand for immunity-boosting products and the ongoing research and development activities in the field.
Report Metric | Details |
Report Name | Immunity Support Ingredients Market |
Accounted market size in 2023 | US$ 16290 million |
Forecasted market size in 2030 | US$ 23170 million |
CAGR | 5.1% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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By Region |
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By Company | DSM, BASF, Zhejiang NHU, Croda, CSPC Pharma, EPAX, Adisseo, Zhejiang Medicine, Raisio Group, Northeast Pharma, Shandong Luwei, Allied Biotech, Cargill, Anhui Tiger, Shandong Tianli, Kerry, Dohler, Kemin, Chenguang Biotech, FMC, Chr. Hansen, Excelvite, DDW |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |