The nutraceutical excipients market is estimated at USD 2.96 Billion in 2017 and is projected to reach a value of USD 4.27 Billion by 2022, at a CAGR of 7.6%. The market is driven by factors such as the growing demand for nutraceuticals and advances in nanotechnology used in imparting new functions to excipients. The major players in the food industry are investing in research & development activities to expand their excipient product portfolios and attract more consumers by providing innovative products at lower prices.
The proteins & amino acids segment accounted for the largest share of the nutraceutical excipients market, by functionality, in 2016.
On the basis of functionality, proteins & amino acids accounted for the largest share of the nutraceutical excipients market in 2016, followed by the omega-3 fatty acids. Excipients are necessary during the manufacturing of protein-based nutraceutical products to avoid protein aggregation. Excipients are also used in the manufacturecontinue reading →