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Nutraceutical Excipients Market is expected to hit USD 6.6 Bn by 2029 at a CAGR of 6.97 percent – says Maximize Market Research



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Pune, May 18, 2023 (GLOBE NEWSWIRE) — Maximize Market Research, a global healthcare research and business-consulting firm has recently released a comprehensive market intelligence report titled “Nutraceutical Excipients Market” The report offers a conscientious analysis of the Nutraceutical Excipients Market using a combination of primary and secondary data sources and insights from domain experts. It presents a comprehensive outlook of the market at both regional and global levels. According to Maximize Market Research, the Nutraceutical Excipients Market is expected to exhibit a robust growth trajectory, with the market value expected to increase from USD 4.12 billion in 2022 to USD 6.6 billion by 2029, representing a notable compound annual growth rate of 6.97 percent over the forecast period.

Nutraceutical Excipients Market Report Scope and Research Methodology

Market Size in 2022 USD 4.12 Bn.
Market Size in 2029 USD 6.6 Bn.
CAGR 6.97 percent (2023-2029)
Forecast Period 2023-2029
Base Year 2022
Number of Pages 273
No. of Tables 114
No. of Charts and Figures 113
Segment Covered Type and Form, and Application
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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• Nutraceutical Excipients Market report consists of quantitative Analysis such as analyzing numerical data such as production volumes, market size, and growth rates to identify patterns and trends. In addition, qualitative analysis involves non-numerical data such as consumer preferences, market perception, and industry trends to gain insights into the market.

• Primary research involves gathering data through primary sources such as interviews with industry experts, company representatives, and end-users to gain insights into the market dynamics, demand, and supply patterns, and emerging trends. Secondary Research involves gathering data from secondary sources such as reports, company websites, industry journals, and government publications to estimate market size and market shares.

• The report is carved using analytical tools such as SWOT analysis, Porter’s Five Forces analysis, and PESTEL analysis used to conduct the market analysis. This report provides a 360-degree aspect of the Nutraceutical Excipients Market.

Nutraceutical Excipients Market Overview

Autologous hematopoietic stem cell transplantation is a medical procedure wherein a patient receives healthy blood-forming cells (stem cells) from a donor to replace their own stem cells that have been compromised or destroyed due to radiation treatment or high doses of chemotherapy. The process involved extensive collection of primary and secondary data from diverse sources, such as industry experts, therapists, medical journals, regulatory bodies, and company reports. Rigorous analysis of the collected data was conducted utilizing various statistical tools and techniques, encompassing both quantitative and qualitative assessments of the market. This analysis entailed evaluating the market size, growth rate, market share, and market trends. To predict the future growth of the Nutraceutical Excipients market, historical data was meticulously examined alongside an analysis of prevailing market trends and growth drivers. Additionally, the report provides a comprehensive examination of the competitive landscape of the Nutraceutical Excipients market, encompassing market share, competitive strategies, and product portfolios of key market players.

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Nutraceutical Excipients Market Dynamics

The global Nutraceutical excipients market is expected to experience high growth during the forecast period, thanks to the increasing demand for functional and fortified food products that cater to consumers’ nutritional requirements. As the market becomes more health-conscious, and seeking food items that provide additional health advantages. This growing trend is expected to drive the demand for nutraceutical excipients, which are essential ingredients utilized in the production of functional products. Another factor boosting the growth of the market is the rising demand for preventive healthcare. With the prevalence of chronic diseases like obesity, diabetes, and heart disease continuing to rise. Also, an increasing number of people turning to their functional foods as dietary supplements and functional foods are anticipated to grow.

The global nutraceutical excipients market presents several opportunities such as increasing demand for clean-label and plant-based products. As consumers become more health conscious, they are progressively looking for food products devoid of artificial additives and preservatives. This trend is expected to drive the demand for the nutraceutical market. The current market customer base is getting increasingly aware of their nutritional need and seeking personalized nutrition to fulfill their requirements. This will be a major boost and is expected to create new opportunities in the market. Another key point for nutraceutical excipient manufacturers is the development of more efficient and cost-effective production processes, which can be achieved by reducing production costs, profitability, etc.

The regulatory framework governs the use of nutraceutical excipients, as the ingredients are incorporated into products intended for human consumption. In addition, compliance with these regulations is time-consuming and expensive, limiting market entry and growth opportunities. Also the availability and cost of raw materials, as the availability susceptible to factors like weather conditions, environmental changes, and geopolitical issues. Consequently, the fluctuations in the cost and supply of raw materials rise major constraints for the market. The global nutraceutical excipients market also faces several challenges and heavy competition from alternative ingredients such as probiotics, prebiotics, and enzymes. The lack of standardization and quality control poses a significant challenge for the nutraceutical excipients market.

Nutraceutical Excipients Market Regional Insights

North America and Europe are the primary markets for nutraceutical excipients, constituting a substantial portion of the global market. The market in regions is primarily driven by several factors, including the escalating prevalence of chronic diseases, growing demand for organic and natural products, and the availability of advanced technology for nutraceutical product manufacturing.

The Asia Pacific region is projected to exhibit the highest growth rate throughout the forecast period. The growth is attributed to the increasing awareness regarding health benefits associated with nutraceutical products, the presence of a substantial population base, rapid urbanization, and heightened investments in the healthcare sector contribute to the growth of the Asia Pacific region.

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Nutraceutical Excipients Market Segmentation

By Type:

  • Binders
  • Fillers & Diluents
  • Disintegrants
  • Coating Agents
  • Flavouring Agents & Sweeteners
  • Lubricants
  • Others

By Form:

  • Dry Excipients
  • Liquid Excipients        

By Application:

  • Dietary Supplements
  • Functional Foods
  • Pharmaceuticals

Dietary supplements are the largest segment, followed by functional foods and pharmaceuticals. The demand for dietary supplements is driven by the increasing prevalence of chronic diseases and the growing awareness regarding the health benefits of nutritional supplements.

Key Competitors include:

  • Ashland Global Holdings Inc. (US)
  • DuPont (US)
  • Ingredion Incorporated (US)
  • Archer Daniels Midland Company (US)
  • Sensient Technologies Corporation (US)
  • BASF SE (Germany)
  • Brenntag AG (Germany)
  • Evonik Industries AG (Germany)
  • Lonza Group Ltd. (Switzerland)
  • Roquette Frères (France)
  • Kerry Group PLC (Ireland)
  • Tate & Lyle plc (UK)
  • Associated British Foods plc (UK)
  • IMCD BV (Netherlands)
  • Corbion NV (Netherlands)
  • Ajinomoto Co., Inc. (Japan)
  • Huachang Group Co., Ltd. (China)
  • Jubilant Life Sciences Limited (India)
  • SABIC (Saudi Arabia)
  • Gulf Pharmaceutical Industries (Kuwait)
  • Al-Kharafi Group (Kuwait)
  • ADM do Brasil Ltda. (Brazil)
  • Ingredion Brasil Ltda. (Brazil)
  • Kerry Ingredients do Brasil Ltda. (Brazil)
  • Raízen Energia S.A. (Brazil)
  • Ezz Dekheila Company for Food Industries (Egypt)

The nutraceutical excipients market structure creates a highly competitive environment, with players competing on price, quality, and innovation to gain a larger market share. DuPont acquired Colorcon, a supplier of colorants and specialty ingredients for the food, beverage, and pharmaceutical industries. This acquisition gives DuPont a strong position in the nutraceutical excipients industry, as Colorcon used in a wide range of nutraceutical products. Also in 2023, Kerry Group acquired Ingredion’s Health & Nutrition business, which helps Kerry Group to get the leading position in the nutraceutical excipients market.

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Key questions answered in the Nutraceutical Excipients Market are:

  • What was the Nutraceutical Excipients Market size in 2022?
  • What is the Nutraceutical Excipients Market?
  • What is the expected Nutraceutical Excipients Market size during the forecast period?
  • Which region dominates the largest market share in the Nutraceutical Excipients Market?
  • What are the global trends in the Nutraceutical Excipients Market?
  • What are the major restraints for the Nutraceutical Excipients Market?
  • What are the upcoming industry applications and trends for the Nutraceutical Excipients Market?
  • Which segment dominated the Nutraceutical Excipients Market growth?
  • What is the demand pattern for the Nutraceutical Excipients Market?
  • Nutraceutical Excipients Market?
  • Who are the leading companies and what are their portfolios in Nutraceutical Excipients Market?
  • What growth strategies are the players considering to increase their presence in

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, Organization Size, Application, and Industry Vertical
  • Market Segmentation – A detailed analysis by Type, Form, and Application
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Healthcare research firm, has also published the following reports:

Nutraceutical MarketThe market size is expected to reach USD 303.25 Bn by 2029 at a CAGR of 7.2 percent during the forecast period. The market is expected to be driven by a growing global burden of chronic illnesses.

Functional Beverages Market The market size is expected to reach USD 233.25 Bn by 2029 at a CAGR of 7.47 percent during the forecast period. The market is expected to be driven by increased consumer health awareness, demand for convenient beverage options, and growth in disposable income.

Nutrition Product Market The market size is expected to reach USD 622.7 Bn by 2029 at a CAGR of 6.4 percent during the forecast period. The market is expected to be driven by nutrition products that cater to a wide range of health concerns, from weight management to overall wellness.

Collagen and Gelatin Market– The market size is expected to reach USD 1480 Bn by 2029 at a CAGR of 7.8 percent during the forecast period. The rising prevalence of Osteoporosis among individuals is driving the growth of the market.

Collagen Supplements Market The market size is expected to reach USD 3.54 Bn by 2029 at a CAGR of 6.9 percent during the forecast period. One-third or 38% of people have shifted gradually towards the health and wellness sector which is the major driver for the market.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Saviynt Appoints James Ross as RVP-ANZ to Strategically Accelerate Growth in the Australia and New Zealand Region




LOS ANGELES, May 22, 2024 /PRNewswire/ — Saviynt, a leading provider of cloud-native identity and governance platform solutions, today announced the appointment of James Ross as RVP-ANZ as the company has seen rapid growth in the Australia and New Zealand (ANZ) region, with double digit growth year over year.

Saviynt has solidified its position as a key player in the cloud identity security landscape with its Identity Cloud. The company’s continued focus on innovation and client satisfaction has contributed significantly to building a safer Australia with prominent customers across the energy and utilities, finance, retail, energy, and transport and logistics sectors.
“James’ appointment as the Regional Vice President (RVP) for ANZ marks a strategic move to accelerate growth and solidify market presence in the region,” said Dan Mountstephen, SVP APAC at Saviynt. “With a proven track record of dynamic leadership at Collibra, ForgeRock, and CA Technologies, James brings a wealth of experience and expertise to the role. His visionary approach and collaborative spirit are poised to inspire and mobilize teams toward ambitious targets.”
Saviynt has consistently expanded its client base and deepened its relationships with existing customers through customized solutions and unparalleled support, cementing its reputation as a trusted partner in the region’s cybersecurity ecosystem. As RVP ANZ, Ross is set to foster key partnerships and implement agile strategies to propel the company towards new heights of success in the dynamic ANZ market.
“Joining Saviynt excites me because it’s an opportunity to help more organizations simplify their identity ecosystem in order to drive efficiencies and improved security posture. I am committed to leveraging Saviynt’s cutting-edge solutions to continue to broaden our partnerships in the region to improve our accessibility for customers, strengthen our regional delivery, whilst continuing to provide a great customer experience,” said Ross.
To learn more about Saviynt, please visit our website.
About Saviynt
Saviynt empowers enterprises to secure their digital transformation, safeguard critical assets, and meet regulatory compliance. With a vision to provide a secure and compliant future for all enterprises, Saviynt’s cutting-edge solutions have been recognized as industry leaders. For more information, please visit
Press Contact
Jacklyn [email protected]

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Artificial Intelligence

Appdome Sweeps Cybersecurity Excellence Awards




Unified Mobile Defense Platform Recognized for Innovation and Leadership Across Nine Cybersecurity Categories
REDWOOD CITY, Calif., May 21, 2024 /PRNewswire/ — Appdome, the mobile app economy’s one-stop shop for mobile defense, today announced it has received a total of nine (9) Cybersecurity Excellence Awards. The Appdome Unified Mobile App Defense Platform was awarded best in class across nine categories in recognition of the comprehensive breadth, depth and value of the Appdome platform to brands and enterprises alike.

“We congratulate Appdome on being recognized as an award winner in 9 categories of the 2024 Cybersecurity Excellence Awards,” said Holger Schulze, CEO of Cybersecurity Insiders and founder of the 600,000-member Information Security Community on LinkedIn, which organizes the 9th annual Cybersecurity Excellence Awards. “With over 600 entries across more than 300 categories, the awards are highly competitive. Appdome’s achievement reflects outstanding commitment to the core principles of excellence, innovation, and leadership in cybersecurity.”
Within a single pane of glass, Appdome delivers the most complete set of no-code, no-SDK, fully automated mobile defenses to mobile brands and enterprises, empowering mobile developers, cybersecurity, fraud and IT teams to deliver on any mobile cyber objective quickly and easily.
The nine (9) categories in which Appdome received a Cybersecurity Excellence Award are:
Mobile Security Platform: Appdome is the only enterprise-grade mobile security platform built for full mobile defense lifecycle management, visibility and control to brands and enterprises alike, including key features for build, test, release, monitor, response, and compliance automation. Mobile Security Automation: Appdome is the only mobile defense solution that uses machine learning to code and build over 300+ mobile app security, anti-fraud, anti-cheat, anti-malware, anti-bot, geo-compliance and other defenses in Android & iOS apps in the DevOps pipeline.Mobile Social Engineering Defense:  The Appdome Social Engineering Prevention solution is the first of its kind to protect mobile users from voice phishing (Vishing) scams and other imposter scams, T.O.A.D. attacks, Remote Access Trojans (RATs), Gold Pickaxe, FaceID bypass and more without an SDK or external servers.Mobile Bot Defense: The Appdome MOBILEBot™ Defense solution is the first mobile anti-bot solution to come out of the box compatible with any industry standard web application firewall (WAF) on the market and provide multi-layered bot, credential stuffing and Account Take Over (ATO) defense without an SDK, external server, performance limits, or restrictions.Mobile Geo Compliance:  Only the Appdome Mobile Geo-Compliance solution guarantees accurate and authentic geo location of mobile devices, applications and users without code or coding in the mobile app, without implementing an SDK and without deploying additional servers.Mobile XDR: The Appdome ThreatScope™ Mobile XDR solution is the only mobile attack and threat monitoring service that comes pre-packaged into the mobile defense lifecycle, requires no device agent, device profile, separate code, coding, SDK or server, and provides real-time detection and automated response across internal (employee facing) and external (consumer facing) Android & iOS apps.DevOps Mobile Security Tool: The Appdome platform’s fully integrated Security Release Management™ capabilities and Appdome Certified Secure™ mobile DevSecOps certification offer the only true enterprise-grade compliance assurance, audit and control for mobile defense at brands and enterprises, allowing quick verification that all security, anti-fraud and compliance objectives have been met.   Mobile Application Security:  With 300+ separate defenses for mobile apps, Appdome has the most comprehensive set of mobile application security features available in one product, fully compatible with all mobile Android & iOS apps.”Nine Cybersecurity Excellence Awards for Mobile Defense tells a very compelling story for the incredibly complex Dev, Sec, and Ops challenges organizations face detecting and defeating mobile-based risks and attacks,” said Chris Roeckl, Chief Product Officer at Appdome. “Point products make these challenges worse by adding complexity and overloading already taxed cyber and engineering teams. Appdome is the only platform simplifying work, bringing all these unique challenges under a single pane of glass, delivering 300+ protections and simultaneously resolving the security, fraud, resilience and compliance challenges brands and enterprises face.”
Learn more about the award-winning Appdome Platform at or request a personalized demo at
The full list of awards are available from the Cybersecurity Excellence Awards website
About AppdomeThe Appdome mission is to protect every mobile app and mobile user in the world. Appdome provides the mobile industry’s only Unified Mobile App Defense platform, powered by a patented mobile coding engine, Threat-Events™ Threat-Aware UX/UI Control, and ThreatScope™ Mobile XDR. Using Appdome, mobile brands eliminate complexity, ship faster and save money by delivering 300+ Certified Secure™ mobile app security, anti-malware, anti-fraud, mobile anti-bot, anti-cheat, geo compliance, MiTM attack prevention, code obfuscation, social engineering and other protections in Android and iOS apps with ease, inside the mobile DevOps and CI/CD pipeline. Leading financial, healthcare, government and m-commerce brands use Appdome to protect Android and iOS apps, mobile customers and mobile businesses globally. Appdome holds several patents including U.S. Patents 9,934,017 B2, 10,310,870 B2, 10,606,582 B2, 11,243,748 B2 and 11,294,663 B2. Additional patents pending.
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Artificial Intelligence

Courageous Whistleblowers Reclaim Derogatory Terms As Data Shows 80% of Financial Professionals Stay Silent on Suspected Internal Fraud, Fearing Retaliation




Enron whistleblower, Sherron Watkins, alongside stars of Apple TV’s The Big Conn, Sarah Carver and Jennifer Griffith, reclaim derogatory labels for whistleblowers          Concerning new data shows more than half of financial professionals in the UK and US have spotted or suspected internal fraud in their workplaces, yet four out of five stay silent fearing retaliation          32% of professionals in finance have seen whistleblowers victimized behind their back or to their faceJACKSONVILLE, Fla., May 21, 2024 /PRNewswire/ — New data from fraud detection software company Medius shows more than half of financial professionals in the UK and US (56%) have spotted or suspected internal fraud in their workplaces yet four in five (81%) stayed silent. When asked why, 45% of professionals cited the fear of recrimination.

Whistleblowers Sherron Watkins, Sarah Carver and Jennifer Griffith have joined forces to reclaim the derogatory names they were called after reporting serious internal financial fraud.
To help empower others to come forward, the whistleblowers are reclaiming the terms “snitch”, “rat” and “traitor”.
Sherron Watkins is the former Vice President of Enron Corporation who alerted the CEO to accounting irregularities, warning the organization “‘might implode in a wave of accounting scandals.” Watkins received national acclaim for her courageous actions and TIME magazine named her along with two others as their Persons of the Year in 2002, calling them simply ‘The Whistleblowers.’
Sarah Carver and Jennifer Griffith are the stars of Apple TV’s The Big Conn after they exposed a fraud scheme of more than $550 million while employed at the Social Security Administration. In efforts to silence their disclosures, they experienced multiple acts of severe retaliation and were denied protection. Ultimately, both Carver and Griffith were forced from employment.
Concerns of repercussions are vindicated – the survey reveals the extent to which financial professionals in the UK and US have witnessed negative consequences for whistleblowers firsthand:           
59% have seen whistleblowers subsequently left out of important decisions           33% have seen whistleblowers moved to a different team           32% have heard whistleblowers called derogatory names behind their backs or directly to their faceWhen asked what would encourage them to flag suspicious activity, 93% of workers surveyed would feel more comfortable doing so if they had more evidence, yet nearly half (48%) said the legal system simply does not adequately protect whistleblowers.
Jim Lucier, CEO at Medius, a leading global provider of cloud-based accounts payable automation and spend management solutions, said:
“White collar crime is on the rise and no organization is safe. Employees are the last line of defense against fraud but confidence to report suspicious activity is declining. AI anomaly-detection technology can provide employees with the evidence and assurances they need to be more forthcoming. Building a culture where employees feel comfortable to report their suspicions could save organizations millions in the long-run.”
Medius works with over 4,000 customers across 102 countries and processes $200 billion in annual spend. It uses the power of AI and automation to detect fraud the moment invoices are submitted safeguarding against bad actors and potential threats, internal and external.
Sherron Watkins, whistleblower who was called a “snitch”, said: “When someone is troubled by corporate wrongdoing and they attempt to sound the alarm, the pathway is uncharted, things happen organically. Normal rational people speak about their concerns with their closest friends and work colleagues, who often suggest staying safe saying “keep your head down, if you must report, go soft, nothing black and white.” Yet black and white evidence is what is needed to get the attention of those in power, either internally or with media or outside watchdog groups to prevent or stop fraudulent activity.”  
Jennifer Griffith, whistleblower who was called a “traitor”, said: “Choosing to blow the whistle involves more than just the desire to right a wrong.  It’s about protecting their employers from fraud. However, it’s more often than not seen as causing trouble for the employer, or as a self-serving action to get a financial reward. No one who chooses to blow the whistle expects to have their reputation attacked, their credibility impugned or to lose their job. The cost of ignoring a whistleblowers complaints are far greater than acknowledging that a problem exists and taking steps to fix it.  It’s been 19 years since I blew the whistle and the problems that existed then with the Social Security Administration still exist today. We must do more to protect whistleblowers.”
Sarah Carver, whistleblower who was called a “rat”, said: “The government’s attempt to conceal the fraud resulted in exacerbated damage, whereas a more prudent approach would have entailed immediate acknowledgement and rectification upon initial disclosure. The retaliatory measures aimed at silencing me made me stronger and fight harder to find someone to listen and stop the fraud.”
Georgina Hallford-Hall, CEO of Whistleblowers UK, said: “Too many organisations talk the talk but fail to engage with whistleblowers often at great cost to both. Technology used properly can remove the fear that both organisations and whistleblowers have about dealing with whistleblowing because it removes the person and focuses on the concerns or malfeasance. WhistleblowersUK are calling on the UK government to introduce an Independent Office of the Whistleblower to protect everyone from discrimination setting standards that end stigmatisation and discrimination making it safe to speak up.”
The billboard advertising campaign runs on Wall Street from Saturday, 18th May to Friday, 24th May 2024.
For more information about how Medius can prevent fraud, visit:
Notes to Editor
The research was conducted by Censuswide with 1500 financial professionals in the UK and US (aged 18+) between 04/22/24 – 05/07/24. Censuswide abide by and employ members of the Market Research Society which is based on the ESOMAR principles and are members of The British Polling Council.
For more information, please contact: 
Fight or Flight for [email protected] / +44 330 133 0985
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