Phytonutrients Market Trends, And Forecasts (2019-2024)

Posted by Prashanth on December 3rd, 2019

Recent Developments

The Greek term “phyto” called “plant.” The nutrients or certain compounds found in the plants whose consumption offers health benefits had called phytonutrients. Owing to the aspect that the taking of the phytonutrients is healthy, its popularity is growing worldwide.

Various fruits and vegetables contain different phytonutrients and in numerous amounts; hence, consumption of a diet that comprises the other kind of vegetables and fruits will increase the efficiency of the phytonutrients.

For some people, extreme consumption of phytonutrients may cause unconsciousness or allergy that is a major restraining aspect affecting the growth of the market.

Market Overview

Market Data Forecast published a report named as Phytonutrients Market. Global Phytonutrients Market worth was USD 5.2 Billion in 2019, and it was estimated to reach at a CAGR of 7.33%, to reach USD 8.56 Billion by 2024.

Report segmented as:

By Application:

• Food and Beverages
• Feed
• Cosmetics
• Pharmaceuticals

By Source:

• Fruits and Vegetables
• Herbs and Trees
• Cereals, Pulses, and Oilseeds

Geographical Segmentation:

Based on geography, the market divided under many countries like North America, Latin America, Asia-Pacific, the Middle East, and Africa and Europe. Europe has led the Phytonutrients Market.

Key market players:

• FMC Corporation (U.S.)
• Raisio Plc. (Finland)
• Hansen A/S (Denmark)
• DSM N.V. (The Netherlands)
• Pharmachem Laboratories, Inc. (U.S.)
• BASF SE (Germany)
• Cargill Inc. (U.S.)
• Archer Daniels Midland Co. (U.S.)
• Arboris, LLC (U.S.)
• Allied Biotech Corporation (U.S.)
• Carotech Berhad (Malaysia)
• Dohler Group (Germany)
• D. Williamson & Co. (U.S.)

The Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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