Market Overview

The Global Phytonutrients Market was valued at USD 6,130.1 million in 2023 and is expected to reach USD 10,691.2 million by 2031 while growing at a CAGR of 7.2% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global phytonutrients market growth. Phytonutrients, or phytochemicals, are plant-derived bioactive compounds linked to health benefits. Though not essential for survival like vitamins and minerals, research indicates their vital role in promoting overall health and preventing chronic diseases.

Increasing awareness of health and wellness, along with a growing demand for natural and functional ingredients, propels the phytonutrients market. However, obstacles such as limited scientific consensus and understanding, as well as market fragmentation and lack of standardization, may impede its expansion.

Furthermore, the global phytonutrients industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type Analysis

The Global Phytonutrients Market is segmented among Vitamins, Minerals, Probiotics, Omega-3 & 6 Fatty Acids, Carotenoids, Proteins & Amino Acids, Other Types, based on Type. In 2023, Carotenoids accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Application Analysis

The Global Phytonutrients Market is segmented among Bakery & Cereals, Dairy & Dairy Alternative Products, Meat & Seafood, Confectionery, Beverages, and Other Applications, based on Application. In 2023, Bakery & Cereals accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Phytonutrients Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Cargill, Incorporated, BASF SE, Archer Daniels Midland Company, DuPont de Nemours, Inc., Arla Foods amba, Kerry Group, Koninklijke DSM NV, Ingredion Incorporated, Tate & Lyle PLC, and Foodchem International Corporation.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Phytonutrients Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Phytonutrients Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Phytonutrients Market Segmentation, By Type

• Global Phytonutrients Market Share Analysis, By Type

• Global Phytonutrients Market Growth Analysis, By Type

• Global Phytonutrients Market Trends, By Type

o Vitamins

o Minerals

o Probiotics

o Omega-3 & 6 Fatty Acids

o Carotenoids

o Proteins & Amino Acids

o Other Types

6. Global Phytonutrients Market Segmentation, By Application

• Global Phytonutrients Market Share Analysis, By Application

• Global Phytonutrients Market Growth Analysis, By Application

• Global Phytonutrients Market Trends, By Application

o Bakery & Cereals

o Dairy & Dairy Alternative Products

o Meat & Seafood

o Confectionery

o Beverages

o Other Applications

7. Global Phytonutrients Market Segmentation, By Region

• Global Phytonutrients Market Share Analysis, By Region

• Global Phytonutrients Market Growth Analysis, By Region

• Global Phytonutrients Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Cargill, Incorporated*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• BASF SE

• Archer Daniels Midland Company

• DuPont de Nemours, Inc.

• Arla Foods amba

• Kerry Group

• Koninklijke DSM NV

• Ingredion Incorporated

• Tate & Lyle PLC

• Foodchem International Corporation       

 *Similar analysis will be provided for each company listed above.