Phytonutrients Market
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<strong>Phytonutrients</strong> <strong>Market</strong>- Global Industry Insight,<br />
Trends, Outlook, and Opportunity Analysis 2018-<br />
2025<br />
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REPORT DESCRIPTION<br />
<strong>Phytonutrients</strong> <strong>Market</strong> Overview<br />
<strong>Phytonutrients</strong>, originated from Greek word ‘phyto’ (plants), plays an important role in plants by protecting them<br />
against insect attacks or UV rays. <strong>Phytonutrients</strong>, organic compounds especially found in plants, are important to<br />
promote human health. <strong>Phytonutrients</strong> are antioxidants & anti-inflammatory agents, which helps in enhancing<br />
immunity & intercellular communication within the human body.<br />
<strong>Market</strong> Dynamics<br />
Multiple health benefits offered by phytonutrients is a key factor driving phytonutrients market growth.<br />
<strong>Phytonutrients</strong> help to stay healthy & energetic by protecting against aging effect. Extensive researches in the<br />
field of medical sciences have proven benefits of carotenoids, flavonoids, and other phytonutrients in curing<br />
chronic diseases such as cancer, heart stroke, high blood pressure, and diabetes. For instance, a study conducted<br />
by the University of California Los Angeles found that daily consumption of 8 ounces of pomegranate juice<br />
increased the stability of prostate antigens in prostate cancer survivors by nearly four times when compared to<br />
those who did not consume phytonutrients. Owing to such benefits, phytonutrients are extensively adopted in<br />
pharmaceutical drugs and dietary supplements. Therefore, rising prevalence of such diseases across the world is<br />
projected to boost demand for phytonutrients over the forecast period.<br />
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REPORT DESCRIPTION<br />
<strong>Market</strong> Taxonomy<br />
On the basis of product type, the global phytonutrients market is segmented into:<br />
➢<br />
Carotenoids<br />
➢<br />
Flavonoids<br />
➢<br />
Isothiocyanates<br />
➢<br />
Monoterpenes<br />
➢<br />
Organosulfur<br />
➢<br />
Phenolic<br />
➢<br />
Saponins<br />
On the basis of source, the global phytonutrients market is segmented into:<br />
➢<br />
Fruits<br />
➢<br />
Vegetables<br />
➢<br />
Others<br />
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REPORT DESCRIPTION<br />
<strong>Market</strong> Outlook<br />
Among product types, carotenoids segment accounted for the highest market share in the market in 2017.<br />
Carotenoids such as beta-carotene, lycopene, lutein, and zeaxanthin prevent the onset of cancer and eye defects.<br />
Other notable health benefits include improved cardiovascular health, increased fertility, and skin health.<br />
Among end-use industries, food & beverages segment dominated in the market in 2017. Owing to extensive<br />
applications of phytonutrients in the manufacturing of functional food, beverages, and dietary supplements, the<br />
segment is projected to have dominant position in the market over the forecast period.<br />
Europe held highest market share in the global market in 2017. The region is projected to maintain its dominance<br />
over the forecast period, owing to increasing demand for organic food products. The organic retail sales in Europe<br />
was US$ 30.85 billion in 2014, as estimated by The International Federation of Organic Agriculture Movements.<br />
Asia Pacific is projected to be the fastest growing region in the market over the forecast period. Key factors such<br />
as bulk availability of raw materials, increasing population, and rapid penetration of food & beverages and<br />
pharmaceutical companies into emerging economies such as China and India are creating immense opportunities<br />
for growth of the market.<br />
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