NUTRACEUTICAL EXCIPIENT MARKET ANALYSIS
The Global Nutraceutical Excipients – Market Dynamics
Nutraceutical excipients have improved functionalities that improve manufacturing processes of pharmaceutical dosage forms. Such benefits of nutraceutical excipients are expected to boost growth of the market. Moreover, increasing geriatric population in economies such as India and China is expected to boost growth of the market. According to the Central Intelligence Agency’s report in July 2018, the percentage of geriatric population in India and China is expected to 13.69% and 21.56%, respectively by 2022. Sedentary lifestyle increases risk of chronic diseases such as obesity, which in turn boosts the uptake of nutraceuticals and thereby drives the market growth. According to World Health Organization’s (WHO) 2002 report, around 60% - 80% people worldwide lead a sedentary lifestyle.
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