Global Heart Healthy Supplements Market Size Analysis, 2019-2028
| REPORT ID: BKR1014 | Domain: Health Supplements | Published Date: February 2019 |
| Pages: 250+ | Format: PDF |
Global heart healthy ingredients market size is estimated to be valued over US$ 17.1 billion in 2019. The industry will register impressive growth of 7.1% to create 1.9X revenue opportunity by 2028. These ingredients are largely driven by rising heart related healthcare concerns and higher prevalence of cardiovascular disease. As per the estimates, global spending on cardiovascular disease diagnosis and treatment amounted to US$ 923 billion in 2018. This will further rise to 1 trillion by 2028. Increase in such activities will eventually create sustainable demand for heart healthy ingredients market.
In this market, suppliers have higher bargaining power compared to manufacturers. This is probably due to systemized value chain and third party vendors to reach end-use market. Moreover, there are many enterprises operational in the market. As a result, business seems to be tilted towards supplier and is price intensive.
On manufacturer level, companies are emphasizing on product expansion and partnership to strengthen their business footprint. Recently, in 2017, Denomega Nutritional Oils and GAT Food Essentials entered in joint partnership to capitalize European functional foods and beverage market. The company has earlier expanded its annual production capacity by nearly 3,000 tons in Aalsund factory center. In the same year, DowDuPont acquired Health & Nutrition arm of FMC Corporation, other than omega 3 business. FMC has strong presence in North America and Europe. Bekryl estimates the company arm generated over 62% revenue from North America and Europe in 2017. Earlier, FMC acquired Norway based fish oil concentrator EPAX for US$ 350 million in 2013. Similar trend is seen across various companies and is expected to continue throughout the forecast period.
Few companies are also focusing on organic growth. For instance, DSM witnessed 7% organic growth in 2017 than that in 2016. Another major company, BASF became the member of personalize health consortium founded by TNO and Wageningen University in 2018. This is a concrete step towards research and innovation in nutritional ingredients and personalized healthcare. Advancement in product innovation coupled with good distribution strategy will play a key role in overall sales organically.
While the industry is set to register impressive growth, recent ruling of European Medicines Agency (EMA) on omega 3 fatty acids could have negative impact on overall sales to some extent. According to the EMA, medicines containing omega 3 fatty acids are potentially not that effective in preventing heart related complexity in already heart attack survivors. As a result, omega-3 fatty acid will no longer will authorized to sale for such purpose. This could impact overall growth of heart healthy ingredients market.
Global Heart Healthy Ingredients Market Value: By Ingredient Type
By ingredient type, heart health ingredients market is analyzed across omega-3, phytosterol, soy protein, and beta glucan. Omega-3 accounted for the highest share in 2018. Omega-3 are polyunsaturated fatty acids that cannot be produced by human body. Its intake is recommended due to nutritional and medicinal benefits. High potent oil concentrates will have positive impact on its demand. Various companies have expanded product portfolio in order to meet rising consumer demand.
Global Heart Healthy Ingredients Market Value: By Application
Based on application, heart health ingredients find its usage as medicines (pharmaceuticals), supplements, beverages, oils, savory snacks, desserts, confectionary, and bakery. Among these, heart health supplements market is estimated to be valued over US$ 8,177 million in 2019. Wider reach to consumer is one such factor boosting the overall sales. Sales is primarily driven by higher consumer awareness and daily intake of such products for health benefits. The trend is strong in metropolitan cities involving working class population. Majority of these supplements are sold as soft gels.
Global Heart Healthy Ingredients Market Size and Forecast: Regional Analysis
In 2018, North America heart health ingredients market was valued over US$ 5.9 billion in 2019. The region is expected to dominate the sales throughout the forecast period, however, Asia Pacific will be able to capture a major chunk of the market by 2028, thereby creating potentially higher market opportunity for industry players.
Global Heart Healthy Ingredients Market Size and Forecast: Competition Landscape
Few key players are:
- BASF SE
- Tate & Lyle plc
- Denomega Nutritional Oils AS
- Bioriginal Food & Science Corporation
- Croda International Plc.
- Koninklijke DSM N.V.
- FMC Corporation
- BTSA Biotecnologias Aplicadas SL
- Devansoy Inc.
- I. du Pont de Nemours and Company
- Berg Lipidtech AS (BLT)
- Eden Foods, Inc.
- Deyang Huatai Biopharm Resource Co., Ltd.
- Frutarom Industries Ltd.
Research Scope:
By Ingredient Type:
- Omega-3
- Phytosterol
- Soy Protein
- Beta glucan
By Application:
- Medicines (pharmaceuticals)
- Supplements
- Beverages
- Oils
- Savory snacks
- Confectionary and bakery
- Others
By Form:
- Liquid
- Gels
- Powder
- Others
What Will You Discover in the Report?
- An in-depth analysis of the Heart Healthy Ingredients market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
- How the Heart Healthy Ingredients market sales is expected to grow throughout the forecast period.
- How geopolitical policies and technological changes will affect the Heart Healthy Ingredients market in near future
- Where the stakeholders should invest to generate higher profit margins
- How consumers (end-users) will reflect to the Heart Healthy Ingredients industry during the forecast period
- Who are the Heart Healthy Ingredients industry leaders and what are the key initiatives taken by them for long term growth
Who will benefit from the Report?
- Heart Healthy Ingredients Industry Suppliers
- Heart Healthy Ingredients Industry Manufacturers
- Consultants and Analysts
- Researchers
Analyst access with Bekryl Market Analysts
Purchasing of Heart Healthy Ingredients market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.
Heart Health Ingredients Market Overview
- Executive Summary
- Research Methodology
- Heart Health Ingredients Market Overview
- Market Outlook and Forecast
- Growth Forecast Analysis Scenario
- Health Supplement Market
- Value Chain Analysis
- Profitability Analysis, Across Nodes
- List of Key Players and Competition Analysis, Across Nodes
- R&D Spending Analysis
- Global Heart Health Ingredients Market Overview
- Market Outlook and Forecast
- Value Sales (US$ Million)
- Growth Analysis
- Leading Industry Players
- Market Outlook and Forecast
- Heart Health Ingredients Market Dynamics
- Market Drivers
- Demand Side Drivers
- Supply Side Drivers
- Macroeconomic Drivers
- Impact Analysis (2018 – 2028)
- Market Restraints
- Trends
- Opportunities
- Marketed Details
- PESTLE Analysis
- Market Investment Proposition
- Key Developments and Mergers and Acquisitions
- Market Drivers
- Heart Health Ingredients Market, By Ingredients
- Introduction and Key Trends
- Market Share Analysis, 2018 and 2028 (%)
- Omega-3
- Y-o-Y Growth Analysis (%)
- Phytosterol
- Market Value Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Soy Protein
- Market Value Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Beta Glucan
- Market Value Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Market Attractiveness Analysis
- Heart Healthy Ingredients Market, By Application
- Introduction and Key Trends
- Market Share Analysis, 2018 and 2028 (%)
- Medicines (Pharmaceutical)
- Market Value Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Supplements
- Market Value Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Confectionary and Bakery
- Market Value Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Beverages
- Market Value and Unit Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Oils
- Market Value and Unit Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Others
- Market Value and Unit Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Market Attractiveness Analysis
- Heart Health Ingredients Market, By Form
- Introduction and Key Trends
- Market Share Analysis, 2018 and 2028 (%)
- Liquid
- Market Value Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Gels
- Market Value Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Powder
- Market Value Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Others
- Market Value Forecast, 2019-2028, (US$ Mn)
- Y-o-Y Growth Analysis (%)
- Market Attractiveness Analysis
- Heart Health Ingredients Market, By Region
- Introduction
- Regional Trends
- Regional Market Share Analysis, 2018 and 2028 (%)
- Industry Value Proposition Analysis
- Comparative Ranking Analysis, By Segments
- Key Developments
- North America Heart Health Ingredients Market Size
- Introduction
- Key Trends
- Successive Revenue Opportunity Analysis
- Macroeconomic Drivers
- Revenue Analysis (US$ Million), By Form
- Revenue Analysis (US$ Million), By Application
- Revenue Analysis (US$ Million), By Ingredients Type
- Revenue Analysis (US$ Million), By Country
- United States Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Canada Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- United States Heart Health Ingredients Market Value
- Western Europe Heart Health Ingredients Market Size
- Introduction
- Key Trends
- Successive Revenue Opportunity Analysis
- Macroeconomic Drivers
- Revenue Analysis (US$ Million), By Form
- Revenue Analysis (US$ Million), By Application
- Revenue Analysis (US$ Million), By Ingredients Type
- Revenue Analysis (US$ Million), By Country
- Germany Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- France Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- UK Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Netherlands Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Spain Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- BENELUX Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Italy Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- NORDIC Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Germany Heart Health Ingredients Market Value
- Central and Eastern Europe (CEE) Heart Health Ingredients Market Size
- Introduction
- Key Trends
- Successive Revenue Opportunity Analysis
- Macroeconomic Drivers
- Revenue Analysis (US$ Million), By Form
- Revenue Analysis (US$ Million), By Application
- Revenue Analysis (US$ Million), By Ingredients Type
- Revenue Analysis (US$ Million), By Country
- Russia Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Poland Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Ukraine Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Turkey Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Russia Heart Health Ingredients Market Value
- Asia Pacific
- Introduction
- Key Trends
- Successive Revenue Opportunity Analysis
- Macroeconomic Drivers
- Revenue Analysis (US$ Million), By Form
- Revenue Analysis (US$ Million), By Application
- Revenue Analysis (US$ Million), By Ingredients Type
- Revenue Analysis (US$ Million), By Country
- China Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Japan Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- India Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- South Korea Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Australia Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- ASEAN Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Rest of Asia Pacific Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- China Heart Health Ingredients Market Value
- Latin America Heart Health Ingredients Market Size
- Introduction
- Key Trends
- Successive Revenue Opportunity Analysis
- Macroeconomic Drivers
- Revenue Analysis (US$ Million), By Form
- Revenue Analysis (US$ Million), By Application
- Revenue Analysis (US$ Million), By Ingredients Type
- Revenue Analysis (US$ Million), By Country
- Brazil Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Argentina Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Chile Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Mexico Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Uruguay Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Rest of Latin Ameica Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Brazil Heart Health Ingredients Market Value
- Middle East
- Introduction
- Key Trends
- Successive Revenue Opportunity Analysis
- Macroeconomic Drivers
- Revenue Analysis (US$ Million), By Form
- Revenue Analysis (US$ Million), By Application
- Revenue Analysis (US$ Million), By Ingredients Type
- Revenue Analysis (US$ Million), By Country
- GCC Animation Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Israel Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Iran Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Rest of Middle East Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- GCC Animation Market Value
- Africa Heart Health Ingredients Market Size
- Introduction
- Key Trends
- Successive Revenue Opportunity Analysis
- Macroeconomic Drivers
- Revenue Analysis (US$ Million), By Form
- Revenue Analysis (US$ Million), By Application
- Revenue Analysis (US$ Million), By Ingredients Type
- Revenue Analysis (US$ Million), By Country
- North Africa Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- Central Africa Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- South Africa Heart Health Ingredients Market Value
- Introduction
- Key Trends
- Revenue Analysis(US$ Million), 2018-2028
- Growth Rate Analysis (%), 2018-2028
- North Africa Heart Health Ingredients Market Value
- Company Landscape
- Competition Dashboard
- Company Market Positioning, 2018
- Introduction
- Company Market Share by Regions
- Key Distributors, By Regional Presence
- Distribution Channel Matrix
- Company Profiles
- BASF SE
- Overview
- Key Developments
- Business Strategy
- Product Level
- Go-to-Market
- Regional Level
- SWOT Analysis
- Regional Presence
- Tate & Lyle plc
- Denomega Nutritional Oils AS
- Bioriginal Food & Science Corporation
- Croda International Plc.
- Koninklijke DSM N.V.
- FMC Corporation
- BTSA Biotecnologias Aplicadas SL
- Devansoy Inc.
- I. du Pont de Nemours and Company
- Berg Lipidtech AS (BLT)
- Eden Foods, Inc.
- Deyang Huatai Biopharm Resource Co., Ltd.
- Frutarom Industries Ltd.
- BASF SE
Analyst Recommendations
(Key Pointers Covered for all other companies)
Heart Healthy Ingredients Market Research Methodology
Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.
Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.
Heart Healthy Ingredients Market Growth Forecasting Methodology
In order to prepare historical data and analyze Heart Healthy Ingredients market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Heart Healthy Ingredients market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.
- Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
- The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.
With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Heart Healthy Ingredients industry revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.
The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries. Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Heart Healthy Ingredients industry growth is nearly 3.5X to 5.5X higher than the relative GDP.
Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.
- Base Factors Growth Analysis
- Price Variation Analysis
- Potential Consumer Mapping
Heart Healthy Ingredients Industry Players: Competition Landscape Methodology
Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.
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