Nutrition Chemicals Market Overview:
Nutrition Chemicals are the specific group of organic or inorganic compounds used as an additive to boost the nutritious value of food. The nutrition is required by all the living beings such as human, plants and animals. Depending upon the product type nutrition chemicals are divided into animal, plant, food and others. Animal and plant nutrients chemicals products are used to improve dietary requirements of animals and plants. Animal nutrition chemical product includes organic acids, enzymes, vitamins, vacuum salts which prevents soil from over fertilizing, reduces environmental pollution and increase efficiency of food. While plant nutrition chemical includes nitrogen, phosphate, potassium, calcium, magnesium, sulfur, iron, copper and others.
The animal nutrition segment market is expected to register a CAGR of over 5.6% to reach to around USD 15 billion by end of 2025. Simply put, nutrition chemicals are utilized as additives for boosting the food’s nutritious value needed for human, animals and plants. These chemicals offer nutritious value, texture, taste and colour to a product and also improve the shelf life of the product.
The Animal Nutrition Chemical products comprise of vacuum salts, vitamins, enzymes and organic acids that helps in preventing the soil against over fertilizing, increasing food efficiency and reducing environmental pollution. The plant nutrition chemicals on the other hand includes copper, iron, sulfur, magnesium, calcium, potassium, phosphate, nitrogen and others.
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Industry/ Innovation/ Related News:
June 2018- DSM, the leading specialty chemicals maker based in Dutch of late has revealed that it has approximately 3 billion euros for investing on acquisitions with an aim to boost up its nutrition business thereby upholding its profit growth. It is all set to expand its product portfolio into beverages and whole food from which they will be capable of tapping into the right opportunities in consumer brands.
December 4, 2017- Evonik Industries AG announced launching of New Global Marketing Campaign on Metamino® through a series of adverts and it has dedicated an exclusive website called www.metamino.com for the same. With this move, Evonik aims to connect with decision makers in the feed and livestock industries to demonstrate how MetAMINO® enables customers to optimize their productivity and decrease operational costs due to its intrinsic value as pure and effective methionine source.
November 3, 2017- BASF Corporation and DIEM Labs, LLC entered into an agreement to distribute and commercialize BASF’s first U.S. medical food product for the dietary management of patients with Non-Alcoholic Fatty Liver Disease (NAFLD). BASF will use its scientific expertise and state-of-the-art manufacturing capabilities to provide a first-to-the-market medical food product to patients with NAFLD. DIEM Labs will market the product to health care professionals in the U.S. and sell it through an online hub. The rising NAFLD rates present a looming large-scale health challenge in America, which can be effectively addressed by this development, in coming years.
September 14, 2017- Segterra, Inc. collaborated with BASF’s health ingredients brand, Newtrition®, to provide personalized nutrition recommendations and scientific support for Inside Tracker, developed by Segterra. Inside Tracker is one of the leading online platforms for personalized health analytics in the U.S. market, which tracks and analyzes blood biomarkers and applies algorithms and scientific databases to recommend personalized plans for optimizing an individual’s health. As part of this collaboration, BASF will use its scientific capabilities to provide personalized nutrition and dietary supplementation recommendations to Inside Tracker for their analysis of the blood biomarker results in the United States.
October 4, 2016- BASF has started planning for the construction of a new world-scale plant for vitamin A in Ludwigshafen, Germany. This new facility will add into BASF total annual production capacity of vitamin A by 1,500 metric tons. BASF wants to ensure long-term supply to its customers and to meet the growing demand of the market. The new world-scale vitamin A plant is scheduled to come on stream in 2020.
Nutrition Chemicals Market Table Of Contents to be Continue….,
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