SAN FRANCISCO, March 28, 2016 /PRNewswire/ --
The global specialty ingredients market is expected to reach USD 141.12 billion by 2022, according to a new report by Grand View Research, Inc. Shift in consumer focus towards organic products coupled with growing demand for anti-ageing and environmental defense skin care products is expected to drive the global specialty ingredients market over the forecast period. Increasing preference for healthy and nutritional diet and enhancing growth of high quality pharmaceutical drugs is also expected to have a positive influence on the market growth.
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Food and beverages dominated the global industry on account of high demand for various beverages, supplements and nutritional dietary products across the globe. Food & beverage industry is expected to experience advancement owing to increasing demand for organic items coupled with high-quality and customized requirements by population over the forecast period. Changing lifestyle has also enhanced preference for nutritional goods which in turn is expected to drive global revenue for functional specialty food ingredients.
Browse full research report with TOC on "Specialty Ingredients Market Analysis By Application (Food & Beverage (Sensory & Functional), Pharmaceutical (Active & Inactive), Personal Care (Active & Inactive), Animal Feed (Additive, Functional Feed Ingredient, Premixes)) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/specialty-ingredients-market
Further key findings from the study suggest:
Grand View Research has segmented the specialty ingredients market on the basis of application and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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