Phytonutrients Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2024
Phytonutrients Market: Overview
The
term “phyto” originated from the Greek word meaning “plant”.
Phytonutrients are certain specific, organic components found in plants
provide health benefits. Phytonutrients are gaining importance globally
due to their potential health benefits. Demand for these nutrients from
fortified foods and dietary supplements industries is rising.
Vegetables, legumes, nuts, grains and fruits are rich sources of
phytonutrients. Phytonutrients are nutrients found in plants that get
developed to protect the plants from damaging environments. Plants are
exposed to excess ultraviolet rays, predator pests, toxins, and
pollutants. This exposure results in generation of hazardous free
radicals within plant cells. These free radicals can then bind to and
damage proteins, cell membranes, and DNAs of the plant. Phytonutrients
get developed simultaneously to shield the plant from this damage as
well as provide them with color, flavor, and smell. Fruits and
vegetables are concentrated sources of phytonutrients. Other plant foods
such as whole grains, legumes/beans, nuts and seeds, and herbs and
spices also contain phytonutrients.
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The
beneficial effects of phytonutrients will not be seen immediately, but
over months or years. Phytonutrients and other healthy compounds like
vitamins and minerals can only prevent or delay developing diseases.
Phytonutrients are plant compounds such as carotenoids, lycopene,
resveratrol, and phytosterols have health-protecting properties. They
are found in plants (fruits and vegetables) or things made from plants
such as tofu or tea. Phytochemicals are best taken in by eating the
foods that contain them rather than supplements or pills.
Phytonutrients Market: Dynamics and Trends
Consumption
of a diet filled with a variety of vegetables can boost the
effectiveness of phytonutrients, as different plants and vegetables
contain different phytonutrients. When combined, they have a more
positive effect on human bodies. Health benefits from consumption of
phytonutrients include reduction in blood pressure and increase in
vessel dilation, improved vision, decreased inflammation, decreased LDL
(low density lipids) cholesterol, and prevention of cellular damage.
Growing interest in health benefits and increasing end-use applications
are key driving factors for the global phytonutrients market.
Phytonutrients such as carotenoids protect the body against the risk of
heart disease, stroke, blindness, and certain types of cancer. They may
also help slow the aging process, reduce difficulties associated with
diabetes, and improve lung utility.
The
supplements are readily available and contain multiple phytonutrients.
Rising demand for functional food coupled with growing awareness about
health may support the growth of the phytonutrients market. Increase in
health concerns among consumers owing to change in food habits may fuel
the phytonutrients market in the food & beverages application.
Growth of the phytonutrients market is due to increasing attention of
consumers toward superior-quality foodstuffs, which is balanced in terms
of nutrients.
Phytonutrients Market: Segmentation
The
global phytonutrients market has been segmented by class
(phytochemicals, medicinal plants, and herbs & spices), by type
(carotenoids, phytosterols, flavonoids, phenolic compounds, and vitamin
E), and by application (food & beverages, feed, pharmaceuticals, and
cosmetics).
Phytonutrients Market: Region-wise Outlook
Europe
dominates the global phytonutrients market, owing to strong outlook for
health consciousness among consumers in this region. North America and
Asia Pacific follow Europe.
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Phytonutrients Market: Key Players
Key
players operating in the global phytonutrients market include FMC
Corporation, BASF SE, Pharmachem Laboratories Inc., DSM N.V., and Raisio
Plc., Cargill, ADM, Chr. Hansen, Cyanotech, Kemin, Allied Biotech,
Arboris, and Carotech Berhad.

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