IMARC Group, a leading market research company, has recently releases report titled “Heart Health Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” The study provides a detailed analysis of the industry, including the global heart health ingredients market size, share, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the heart health ingredients market?
The global heart health ingredients market size reached US$ 17.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 30.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.94% during 2024-2032.
Factors Affecting the Growth of the Heart Health Ingredients Industry:
Increasing Prevalence of Cardiovascular Diseases (CVDs)
The rising incidence of cardiovascular diseases (CVDs) globally is a pivotal driver for the heart health ingredients market. With more people suffering from heart conditions such as hypertension, coronary artery disease, and heart failure, the demand for ingredients that can mitigate these risks is escalating. Lifestyle factors, increased stress, and poor dietary habits contribute to the prevalence, making preventive solutions through diet more sought after. Consumers are increasingly turning to heart-healthy ingredients to improve their cardiovascular health, driving market growth.
Rising Awareness About Heart Health
There is a growing consciousness about the importance of heart health, spurred by educational campaigns and increased access to health information. Individuals are more informed about the risk factors of heart diseases and the role of nutrition in preventing such conditions. This heightened awareness has led to a greater consumer demand for products containing heart-healthy ingredients. People are proactively incorporating foods enriched with omega-3 fatty acids, fibers, and antioxidants in their diets to maintain optimal heart function, which, in turn, fuels the market expansion.
Growing Aging Population
The global demographic shift towards an older population is significantly impacting the heart health ingredients market. Older adults are at a higher risk of developing cardiovascular conditions, driving the need for heart-supportive dietary components. As the population ages, there is an increased focus on longevity and maintaining a high quality of life, which includes cardiovascular health. This demographic trend is prompting food and supplement manufacturers to develop products that cater to the heart health needs of this age group, thereby propelling market growth.
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Heart Health Ingredients Market Report Segmentation:
Breakup By Ingredient Type:
- Omega-3
- Phytosterol
- Soy Protein
- Beta Glucan
- Others
Omega-3 fatty acids represented the largest segment by ingredient type due to their widely recognized benefits in reducing heart disease risk factors, such as lowering triglyceride levels and improving overall heart health.
Breakup By Application:
- Pharmaceuticals
- Nutraceuticals
- Functional Food and Beverages
- Dietary Supplements
Pharmaceuticals constituted the largest segment by application in the heart health ingredients market because of the high demand for clinically proven, heart-health-supporting supplements and medications within the healthcare industry.
Breakup By Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
North America was the largest market by region, attributed to the high prevalence of cardiovascular diseases, a well-established healthcare infrastructure, and increased consumer awareness regarding the importance of heart-healthy diets and preventive healthcare.
Global Heart Health Ingredients Market Trends:
The global heart health ingredients market is witnessing significant growth, driven by the increasing prevalence of cardiovascular diseases globally acts as a primary catalyst, pushing demand for heart-healthy products. Moreover, rising awareness about heart health and preventive healthcare leads consumers to seek ingredients that support cardiovascular function, which is boosting the market growth. Furthermore, the aging population, particularly susceptible to heart issues, amplifies the market demand. Apart from this, the surge in obesity rates worldwide necessitates dietary interventions, where heart health ingredients play a crucial role, which is supporting the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
- Abbott
- ADM
- Amway
- BASF SE
- Cargill Incorporated
- Glanbia plc
- Herbalife International of America, Inc.
- Kerry Group plc.
- Nestle Health Science (Nestlé S.A.)
Browse the full report with TOC and list of Figures: https://www.imarcgroup.com/heart-health-ingredients-market
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