Competition is expected to remain high from 2018 to 2024 in the global nutraceutical ingredients market as top 5 companies accounted for more than 50% revenues in the world market over the past couple of years. Other companies operating in this market are more focused on research and development and innovations to remain competitive in the market. During this time, the market will witness a slew of launches as manufacturers invest in the research & development of plant-derived nutraceutical ingredients. According to a new study by Infinium Global Research, increasing use of nutraceutical ingredient in animal nutrition and increasing demand for these ingredients from the cosmetics application, which will offer a fresh burst of opportunities to the global nutraceutical ingredients market. The market players are also likely to benefit from plant-derived nutraceutical ingredients. In the study, Infinium Global Research has highlighted companies including E.I. du Pont de Nemours & Company, Cargill Inc., DSM Nutritional Products, BASF SE, Archer Daniels Midland Company, Aland (Jiangsu) Nutraceutical Company Ltd., Ajinomoto Inc., NutraMarks Inc., Danone, Nestle S.A., PepsiCo Inc., Adisseo France S.A.S, Kyowa Hakko Bio Co. Ltd., and Tate and Lyle North America Inc.