According to the research report titled ‘Global Nutritional Ingredients Market - Analysis By Product, Application, By Region, By Country: Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025)‘, available with Market Study Report, global nutritional ingredients market was valued at USD 35,561.87 million in 2019 and is expected to garner substantial returns through 2025.
 

As per the report findings, growing focus towards improving health along with prevention and treatment of diseases in animals and humans is driving the global nutritional ingredients market growth. Farmers and large livestock producers are fueling the demand for animal nutrition ingredients. Besides, industrialization of farming and animal production are further enhancing the product demand. Whereas, human nutritional ingredients industry is gaining attention from large consumer companies and nutritional supplement manufacturers.
 

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Rising prevalence of COVID-19 has crashed the global economy, affecting the demand for fruits, vegetables and animal-sourced foods which are rich sources of essential micronutrients in diets. Moreover, the decline in demand is also expected cause a disarray in value chains that supply such highly perishable foods. In addition, the impact of rise in unemployment rate due to the mitigation measures taken by employers will be more pronounced especially in poor households, thereby decreasing the revenue prospects of global nutritional ingredients industry.
 

Based on the product terrain, polyunsaturated fatty acids segment in global nutritional ingredients market currently accounts for majority industry share owing to its benefits such as improvement in metabolic processes, vision, brain functioning, inflammatory responses, immune, cardiovascular health and prevents various illnesses.
 

Speaking of the application spectrum, medical nutrition segment presently holds a sizeable portion of global nutritional ingredients market share, attributable to demand for medical food products which are prescribed by healthcare practitioners for provide sufficient nutritional value to a specific patient group.   
 

With regards to regional overview, Asia Pacific nutritional ingredients market held largest industry share in recent past and is expected to continue the same owing to increasing health consciousness among the urban population and rising disposable income in the region. Furthermore, booming urban population along with rapidly expanding retail sector is favoring the regional market expansion.
 

Key players operating in global nutritional ingredients market are Darling Ingredients Inc., BASF SE, ADM Co., Kerry Group plc, Cargill Inc., Evonik Industries AG, DSM, Ingredion Inc., DuPont, and PureCircle.