Phytonutrients Market Is Expected to Grasp the CAGR of 7.4% by 2029, Industry Size, Shares, Trends, Growth and Revenue Outlook – GlobeNewswire

AUSTIN, Sept. 07, 2022 (GLOBE NEWSWIRE) -- A Qualitative Research Study accomplished by Data Bridge Market researchs database of 350 pages, titledGlobal Phytonutrients Market with market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy-to-understand detailed analysis. Market research report execution is becoming very critical for successful businesses as it provides insights into revenue growth and sustainability initiative. A dependable Phytonutrients Market report employs the use of the latest tools and techniques for researching, analyzing, and collecting data and information. The statistical and numerical data are represented in graphical format for a neat understanding of facts and figures of market research analysis. Furthermore, the superior Phytonutrients Market business report presents the data and information for actionable, most recent, and real-time market insights which make it easier to even take critical business decisions.

Data Bridge Market Research analyses that the global phytonutrients market will grow at a CAGR of 7.4% during the forecast period of 2022 to 2029.

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Overview:-

Increasing demand for phytonutrients in the food and beverage industries will accelerate the market demand. The rising focus on pharmaceutical industries to reduce cancer, diabetes, and heart disease will also enhance the global phytonutrient market's growth. Additionally, the need for phytonutrients in the feed and cosmetics industries is also expected to drive the market. The increase in demand for ayurvedic products is expected to act as an opportunity for the market.

The standard quality determination technique of phytonutrients and their products is inadequate, which is expected to restrain the growth of the global phytonutrients market. Additionally, the phytonutrient supplements are insufficient in regulating products that involve marketing and promotion, which are the other factors anticipated to inhibit the development of the global phytonutrients market through the forecast term. The manufacturers of the phytonutrients focus on the R&D work on the extraction process of phytonutrients that may challenge competitors in the market.

Major players covered in the Phytonutrients report are

Cargill, Incorporated., MANUS AKTTEVA BIOPHARMA LLP, Cyanotech Corporation, Sabinsa, HERBAL CREATIONS, ADM, GUSTAV PARMENTIER GMBH, Ashland, IFF Nutrition & Biosciences, Matrix Fine Sciences Pvt. Ltd, AOM, ConnOils LLC, Vitae Caps S.A., Xi'an Healthful Biotechnology Co., Ltd, PhytoSource, Inc., Elementa, and others

Recent Development

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The standard quality determination technique of phytonutrients and their products is inadequate, which is expected to restrain the growth of the global phytonutrients market. Additionally, the phytonutrient supplements are insufficient in regulating products that involve marketing and promotion, which are the other factors anticipated to inhibit the development of the global phytonutrients market through the forecast term. The manufacturers of the phytonutrients focus on the R&D work on the extraction process of phytonutrients that may challenge competitors in the market.

Phytonutrients Market Dynamics

Key Drivers

Rising demand for food and beverages due to the increasing global population is expected to drive the demand for phytonutrients in the industry. Phytonutrients such as carotenoids are used as natural colorants in the food and beverages industry

In the animal feed industry, phytonutrients are used as antioxidants in animal feed to enhance animal growth and protect animals from oxidative damage caused by free radicals. Phytonutrients help to enhance innate immunity in animals, especially poultry.

The rising demand for nutraceutical products to prevent and cure health issues such as diabetes, hypertension, obesity, skin and aging problems, bone issues, cardiovascular diseases, and others are likely to drive the demand for phytonutrients in nutraceutical applications.

Opportunities

Organic foods or natural foods are grown without artificial pesticides, fertilizers, or herbicides. Due to a developing range of chemical poisoning instances, growing global health concerns are expected to propel within the natural food products segment. Nowadays, especially after the COVID-19 pandemic, consumers have become fitness conscious due to chemical insecticides' harmful effects present in meals. The toxicity of chemical insecticides in food products can lead to most cancers, hormone disruption.

Understanding the opportunities and progress of Phytonutrients Market highlights, as well as key regions and countries involved in market growth.

Key Segmentation:-

Type

Source

Form

Category

Nature

Function

Application

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Restraints/Challenges

However, extra consumption of some phytonutrients may have side effects. Phytochemicals that are toxic to humans are known as phytotoxins. For instance, aristolochic acid, one of the phytochemicals, is carcinogenic at low doses and harmful to humans. Some phytochemicals have ant nutrients properties that interfere with the absorption of nutrients. And some phytonutrients, such as polyphenols and flavonoids, are pro-oxidants in high ingested amounts.

The major source of phytonutrients is a variety of fruits, vegetables, spices, cereals, legumes, and oilseeds. The quality and quantity of the phytonutrients obtained are directly dependent on the quality and quantity of these input raw materials. Due to seasonal variation, climate conditions, and other such factors, the quality and quantity of the raw materials are expected to be variable. Due to this, it is a major restraint to the availability of phytonutrients in desired quantity and acceptable quality. Any adulteration in the input raw materials will lead to undesired characteristics in the extracted phytonutrients, which may be unacceptable to the consumers Key questions answered in the report:

How DBMR is different than other Market Research Providers:

The inception of DBMR has been backed by providing clients with a holistic view of market conditions and future possibilities/opportunities to reap maximum profits out of their businesses and assist in decision making. Our team of in-house analysts and consultants works tirelessly to understand your needs and suggest the best possible solutions to fulfill your research requirements.

Table of Contents: Phytonutrients Market

1 Introduction

2 Market Segment

3 Executive Summary

4 Premium Insight

5 Market Overview

6 Covid-19 Impact on Animal Feed in Healthcare Industry

7 Phytonutrients Market, by Product Type

8 Phytonutrients Market, by Modality

9 Phytonutrients Market, by Type

10 Phytonutrients Market, by Mode

11 Phytonutrients Market, by End User

12 Phytonutrients Market, by Geography

13 Phytonutrients Market, Company Landscape

14 Swot Analysis

15 Company Profiles

16 Questionnaire

17 Related Reports

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Phytonutrients Market Is Expected to Grasp the CAGR of 7.4% by 2029, Industry Size, Shares, Trends, Growth and Revenue Outlook - GlobeNewswire