Recent research: Nutraceutical Excipients Market is expected to grow at a CAGR of ~7.1% by 2029
The US$ 2 billion market for nutraceutical excipients will reportedly see a healthy Y-o-Y expansion at more than 6% in 2019. According to a recently published research report of Future Market Insights (FMI), over 3/5th of the overall consumption is accounted by dry nutraceutical excipients. The thriving trend of preventive healthcare is primarily creating a favorable environment, boosting sales of nutraceuticals and nutraceutical excipients. The report opines that binders, followed by fillers and diluents, are likely to remain the most sought after types of nutraceutical excipients in the global market. Over 50% of the total demand for nutraceutical excipients is collectively accounted by binders, and fillers and diluents.
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