North America Phytochemicals and Plant Extracts Market by Application, and by Geography - Analysis and Forecast (2013-2019)

The North America phytochemicals & plant extracts market is estimated to grow at a CAGR of 8.3% from 2014 to 2019. Phytochemicals & plant extracts play a major role in providing health and medicinal benefits, which include the prevention and treatment of diseases, in addition to the basic nutritional value found in food.

The North American region has been witnessing problems such as cancer, diabetes, hypertension, and obesity, among others, across its population in recent years, mainly owing to the extravagant lifestyles. Consumer concerns related to these diseases have created a massive market for nutraceuticals that incorporate natural plant extract ingredients. North America is a large market for plant extracts and phytochemical ingredients, since a majority of the food processing and pharmaceutical companies are established in this region.

The North American phytochemicals & plant extracts market has been segmented on the basis of application into functional food, functional beverages, dietary supplements, animal nutrition, and personal care. The dietary supplement is the most preferred application of phytochemicals & plant extracts. The North American market has been further segmented and forecast on the basis of major countries, such as the U.S., Canada, and Mexico.
The U.S. is the largest market for phytochemicals and plant extracts in the North American region. The U.S. market constituted 50.1% of the region market share in 2014. Nutraceuticals industries are increasingly incorporating phytochemicals and plant extract ingredients in their products to cater to the rising demand from consumers. The dietary supplements segment for plant extracts and phytochemicals has witnessed significant growth in recent years. There is a void between demand and supply in the North American market, which has led to high imports from other countries. The dietary supplement segment accounted for a share of 30.3% of the North American phytochemicals & plant extracts market in 2014.

Some of the key players of the North American phytochemicals & plant extracts market include Cargill Inc. (U.S.), Chr. Hansen (Denmark), Arboris LLC (U.S.), and BASF SE (Germany), among others. These companies are investing heavily in this high-growth market in order to gain higher profits and increase their shares in the North American market.

Reasons to Buy the Report:

From an insight perspective, this research report has focused on various levels of analysis—industry analysis, market share analysis of top players, company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the North American market; high-growth countries and their respective regulatory policies; government initiatives; and market drivers, restraints, and opportunities.

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater share of the North American market. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.

The report provides insights on the following pointers:
‧ Market Penetration: Comprehensive information on phytochemicals & plant extracts offered by the top 10 players in the North American phytochemicals & plant extracts (Nutraceuticals) market

‧ Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the North American phytochemicals & plant extracts market

‧ Market Development: Comprehensive information about lucrative emerging markets; the report analyzes the markets for various applications of phytochemicals & plant extracts across North America

‧ Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the North American phytochemicals & plant extracts market

‧ Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the North American phytochemicals & plant extracts market

TABLE OF CONTENTS

1 INTRODUCTION 11
1.1 OBJECTIVES OF THE STUDY 11
1.2 MARKET SEGMENTATION AND COVERAGE 13
1.3 STAKEHOLDERS 13
2 RESEARCH METHODOLOGY 15
2.1 INTEGRATED ECOSYSTEM OF PHYTOCHEMICALS AND PLANT EXTRACTS MARKET 16
2.2 ARRIVING AT THE PHYTOCHEMICALS AND PLANT EXTRACTS (NUTRACEUTICALS) MARKET SIZE 17
2.2.1 TOP-DOWN APPROACH 18
2.2.2 DEMAND-SIDE APPROACH 19
2.2.3 MACRO INDICATOR-BASED APPROACH 20
2.3 ASSUMPTIONS 21
3 EXECUTIVE SUMMARY 22
4 MARKET OVERVIEW 24
4.1 INTRODUCTION 24
4.2 PHYTOCHEMICALS AND PLANT EXTRACTS (NUTRACEUTICALS) MARKET: COMPARISON WITH PARENT MARKET 26
4.3 KEY MARKET DYNAMICS 27
4.4 DEMAND-SIDE ANALYSIS 30
4.5 MARKET DRIVERS AND INHIBITORS 31
5 NORTH AMERICA PHYTOCHEMICALS AND PLANT EXTRACTS MARKET, BY APPLICATION 33
5.1 INTRODUCTION 34
5.2 PHYTOCHEMICALS AND PLANT EXTRACTS (NUTRACEUTICALS) IN DIETARY SUPPLEMENTS, BY GEOGRAPHY 37
5.3 NORTH AMERICA PHYTOCHEMICALS AND PLANT EXTRACTS IN FUNCTIONAL FOOD,
BY GEOGRAPHY 39
5.4 NORTH AMERICA PHYTOCHEMICALS AND PLANT EXTRACTS IN FUNCTIONAL BEVERAGES, BY GEOGRAPHY 41
5.5 NORTH AMERICA PHYTOCHEMICALS AND PLANT EXTRACTS IN ANIMAL NUTRITION,
BY GEOGRAPHY 43
5.6 NORTH AMERICA PHYTOCHEMICALS AND PLANT EXTRACTS IN PERSONAL CARE,
BY GEOGRAPHY 45
5.7 SNEAK VIEW: NORTH AMERICA NUTRACEUTICALS MARKET, BY APPLICATION 47
6 PHYTOCHEMICALS AND PLANT EXTRACTS (NUTRACEUTICALS) MARKET, BY GEOGRAPHY 48
6.1 INTRODUCTION 49
6.2 U.S. PHYTOCHEMICALS AND PLANT EXTRACTS (NUTRACEUTICALS) MARKET, 51
6.2.1 U.S. PHYTOCHEMICALS AND PLANT EXTRACTS (NUTRACEUTICALS) MARKET,
BY APPLICATION 51
6.3 CANADA PHYTOCHEMICALS AND PLANT EXTRACTS (NUTRACEUTICALS) MARKET 54
6.3.1 CANADA PHYTOCHEMICALS AND PLANT EXTRACTS (NUTRACEUTICALS) MARKET, BY APPLICATION 54
6.3.2 MEXICO PHYTOCHEMICALS AND PLANT EXTRACTS (NUTRACEUTICALS) MARKET, BY APPLICATION 57
7 PHYTOCHEMICALS AND PLANT EXTRACTS (NUTRACEUTICALS) MARKET: COMPETITIVE LANDSCAPE 60
7.1 PHYTOCHEMICALS AND PLANT EXTRACTS (NUTRACEUTICALS) MARKET: COMPANY SHARE ANALYSIS 60
7.2 MERGERS AND ACQUISITIONS 61
7.3 EXPANSIONS 62
7.4 INVESTMENTS AND RESEARCH & DEVELOPMENT 62
8 PHYTOCHEMICALS AND PLANT EXTRACT (NUTRACEUTICALS), BY COMPANY 63
(Overview, Financials, Products & Services, Strategy, and Developments)*
8.1 CARGILL INCORPORATED 63
8.2 E. I. DU PONT DE NEMOURS AND COMPANY 66
8.3 BADISCHE ANILIN & SODA FABRIK (BASF SE) 69
8.4 CHR. HANSEN A/S 72
8.5 ARBORIS LLC 75
8.6 LIPO FOODS 77
*Details on overview, financials, product & services, strategy, and developments might not be captured in case of unlisted company
9 APPENDIX 78
9.1 CUSTOMIZATION OPTIONS 78
9.1.1 TECHNICAL ANALYSIS 78
9.1.2 PRODUCT OFFERINGS 78
9.1.3 COMPETITIVE ADVANTAGE 78
9.1.4 REGULATORY NORMS 78
9.2 RELATED REPORTS 79
9.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 80
9.3.1 RT SNAPSHOTS 81