Heart Health Ingredients Market Revenue : Industry Analysis & Opportunities by 2027
Market Overview
Heart health ingredients include omega-3, beta
glucan, phytosterol, soy protein, and others. They are the source of prevention
from factors causing cardiovascular diseases. Among all, omega-3 is the majorly
used ingredient for heart health and it helps to decrease triglycerides, lower
blood pressure slightly, reduce blood clotting, decrease stroke and heart
failure risk, and reduce irregular heartbeats. Increasing prevalence of
cardiovascular diseases has increased the application of heart health
ingredients in various industries such as pharmaceuticals, supplements,
beverages, oils and fats, bakery and confectionery, dairy and frozen desserts,
sweet and savory snacks, and others.
Market Forecast
Heart health ingredients help in keeping heart
healthy and prevents human body from factors leading to cardiovascular disease.
Continuously increasing prevalence of cardiovascular diseases across the globe
has turned up an opportunity for food and beverage industry to include heart
health ingredients in their products, which is driving the growth of the global
Heart
Health Ingredients Market Revenue.
Increasing population of health consciousness consumers
is adding fuel to the growth of the Heart Health Ingredients Market Revenue.
Moreover, high inclination towards functional food and beverages is boosting
the market of heart health ingredients. However, certain stringent laws in the
application of food ingredients may hamper the heart health ingredients market.
Nevertheless, all these factors are projected to contribute to the estimated
CAGR of 7% of the global heart health ingredients market during the forecast
period 2017-2023.
Competitive Analysis
The major players in the Heart Health Ingredients
Market Revenue:
- Archer Daniels Midland Company (U.S.)
- BASF SE (Germany)
- Cargill, Incorporated (U.S.)
- AKER BIOMARINE (Norway)
- Andean Grain Products Ltd (U.K)
- Bioriginal Food & Science Corporation
(Canada)
- Croda International Plc (U.K.)
Market Segmentation
Heart Health Ingredients Market is segmented on the
basis of type, application, and region.
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Regional Analysis
The Global Heart Health Ingredients Market is
segmented into North America, Europe, Asia Pacific and rest of the world (RoW).
North America is dominating the market followed by Europe. In North America,
the U.S. is dominating the market. Moreover, increasing health conscious
population and their inclination towards functional food and beverages is
contributing to the growth of European market.
Asia Pacific market is expected to grow in the coming
years based on the inclination of the population towards healthy diet.
Moreover, the rising health awareness in the Middle East and South Africa is
expected to boost the Heart Health Ingredients Market Revenue in these region.
Downstream Analysis
On the basis of type, the heart health
ingredients are segmented into omega-3, beta glucan, phytosterol, soy protein,
and others. Among all, omega-3 holds the major market share followed by
phytosterol. The major reason for growth of these two segment is their approval
from the regulatory authority for being sourced as a heart health ingredient.
Moreover, omega-3 is very high in nutritional level which has increased its
application in wide range of products.
Based on the application, heart health
ingredients are segmented into pharmaceuticals, supplements, beverages, oils
and fats, bakery and confectionery, dairy and frozen desserts, sweet and savory
snacks and others. Among all, the dietary supplement is dominating the market
compared to other industries owing to its popularity among the consumers as a
source of providing health benefits. However, the dairy and bakery segment is
projected to grow in the application of heart health ingredients.
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Researchers are Studying Covid19 and its Impact on Various Industry Verticals
and wherever required we will be considering Covid19 Footprints for Better
Analysis of Market and Industries. Cordially get in Touch for More Details.
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