Nutraceutical products have physiological benefits, protect against chronic diseases, improve health, delay aging, and increase life expectancy. In addition, nutraceuticals boost the overall immune system and have proven health benefits. Recently, there has been an increased demand for combined formulations with multiple benefits in the consumer market. Further, the nutraceutical tablets/products have flexibility in the storage options. Thus, the nutraceuticals market trends with a growing preference for personalized nutrition.
The rise in health concerns among connected consumers during the outbreak of the Covid 19 pandemic increased the demand for nutraceutical products around the globe. According to the GlobeNewswire report, the global nutraceutical market will reach USD 826,426.3 million by 2028, expanding at a CAGR of 8.9% over the forecast period. In addition, rising awareness regarding calorie reduction and weight loss in countries, including the U.S., China, and India, is expected to promote the application of nutraceuticals, which, in turn, will have a substantial impact on the industry growth. Here we are writing about Classification of Nutraceuticals.” We will now look at the top 10 Nutraceuticals Companies in the World in 2023. This list is based on Nutraceuticals Research.
Best pharmaceutical companies in world
Koninklijke DSM N.V. produces nutritional ingredients and materials (green thermoplastics and resins). The company operates through three business segments: Health, Nutrition, and Materials. The Nutrition segment consists of DSM Nutritional Products and DSM Food Specialties.
Dupont is an American company operating for the past 200 years. The business enterprise has transformed into a brand whose scientists turn possibilities into real-world answers that help humanity thrive. Its innovations in healthcare and technological fields have placed it as the industry leader. DuPont has introduced many industry-firsts (products) in the nutraceutical ingredients companies’ segment.
Archer Daniels Midland Company is an American multinational operating since 1902. ADM has mastered converting natural products into staple foods that are sustainable and renewable industrial products.
Cargill creates connections across the global food system to help the world thrive. They link farmers to markets, customers with sustainable nutrition solutions and nourish the world. Cargill’s 155,000 employees across 70 countries work relentlessly to achieve their purpose of nourishing the world in a safe, responsible and sustainable way.
Fonterra is a New Zealand-based enterprise. It is dedicated to manufacturing high-quality and tasty food products. In line with this, the company has started creating high-quality, fit-for-purpose products and solutions. It is one of the most reliable companies in the listicle of nutraceutical companies. It is also working on introducing new products with the changing lifestyle of consumers. It aims to offer high nutritional benefits to individuals of all age groups.
Ingredion Incorporated is headquartered in Chicago, U.S; involved in the production and sale of starches, sweeteners, nutritional ingredients, and biomaterial solutions for a wide range of industries.
Tate & Lyle’s technical expertise and deep understanding of the food and beverage market help it make high-quality products. It is the only brand in the nutraceutical ingredients companies’ segment that creates tasty treats at an affordable price. These treats are made using nutritive sweeteners.
8. Basf SE
BASF SE is involved in the manufacturing and marketing of different products and services. The nutraceutical ingredients are offered under the Nutrition segment, which offers nutrition and care ingredients for consumer products in nutrition (human and animal nutrition), home, and personal care.
Kerry is embedded in cultures around the world. They have technology and innovation centers worldwide, supported by a manufacturing network of more than 150 locations globally. In addition, they have a broad portfolio of nutrition, functional foods, beverages, and pharma products.
10. Glanbia Plc
The Glanbia Performance Nutrition family is a leading sports and lifestyle nutrition brand. Glanbia Performance Nutrition brands are sold in more than 100 markets worldwide.
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