What is Immunity Nutraceutical IngredientMarket?
Immunity Nutraceutical Ingredient is known as immunity food or fortified ingredients. Nutraceutical is a combination of two words i.e. nutrient (nourishing food component) and pharmaceutical (medical drug). Nutraceuticals are the term used to describe a product which is derived from food sources with additional health benefits. It has been observed that the demand for immunity nutraceutical ingredient is increasing due to health benefits associated with it and rising health awareness across the globe. Additionally, increasing disposable income and changing lifestyle is acting as a key driver for the market. However, the cost associated with the production of immunity nutraceutical ingredient, limited production and high cost of the supplements are the factors for limiting the growth of the market. Moreover, the increasing underweight population in Asian and European countries and continuously investment for the development of products by key players can create a big opportunity for the market in the forecasted year.
Market Drivers
Increasing Demand for Immunity Nutraceutical Ingredient due to Health Benefits Associated with it, Rising Health Awareness across the globe and Increasing Demand for Fortified Food Owing to the Rising Health Consciousness
Opportunities
Increasing Underweight Population in Asian and European Countries
The Players Covered in the Study are:
Tate & Lyle PLC (United Kingdom), Koninklijke DSM N.V. (DSM) (Netherlands), Ingredion Incorporated (United States), Arla Foods (Denmark), Ajinomoto Co., Inc. (Japan), Nutraceutical Ingredients (India) and Lactonova (India)
Regulatory Framework:
There are various regulation of diet supplements. For instance, according to The Food and Drug Administration (FDA), 1. According to Nutrition Labeling and Education Act made in 1990, every diet supplement product must have bear nutrition labeling and 2. According to Dietary Supplement Health and Education Act in 1994, every diet supplement product must have specific labelling requirements and provide optional labeling stateme