Chicago, June 03, 2024 (GLOBE NEWSWIRE) -- The nutraceutical excipients market size is projected to reach USD 6.1 billion by 2028 from USD 4.2 billion by 2023, at a CAGR of 7.7% during the forecast period in terms of value. Nutraceutical excipients are substances that are added to nutritional or dietary supplements to aid in the formulation and manufacturing process. These excipients serve various purposes, such as improving the stability, bioavailability, and overall performance of the nutraceutical product. Unlike active ingredients that provide specific health benefits, nutraceutical excipients are inactive substances that assist in the processing, handling, and delivery of the active components. Nutraceutical Excipients Market Growth Drivers: Nutraceutical excipients market growth driven by various factors Rising Demand for Functional Foods and Dietary Supplements: Consumers are increasingly becoming health-conscious, leading to a growing demand for functional foods and dietary supplements. Nutraceutical excipients play a crucial role in enhancing the stability, bioavailability, and overall effectiveness of these products. Advancements in Formulations: Ongoing research and development in the field of nutraceuticals and pharmaceuticals have led to the development of novel formulations. Nutraceutical excipients are essential in formulating these products, contributing to improved delivery mechanisms, taste masking, and overall product quality. Technological Innovations in Manufacturing Processes: Continuous advancements in manufacturing technologies, such as spray drying, coacervation, and nanotechnology, have enabled the production of nutraceutical products with enhanced bioavailability and stability. Nutraceutical excipients are integral to these processes, driving market growth. Consumer Awareness and Preference for Natural Ingredients: Growing consumer awareness about the health benefits of natural ingredients has led to an increased preference for nutraceutical products derived from natural sources. Excipients derived from natural ingredients are gaining popularity, aligning with the trend towards clean-label products. Regulatory Support ...