Europe Nutrition Chemicals Market Volume, by Form ,

Synopsis
The above chart is Europe Nutrition Chemicals Market Volume, by Form 2018 - 2027, (Thousand Tons)

Market Dynamics

europe nutrition chemicals market volume has witnessed steady growth in the past decade and is expected to continue doing so in the coming years. according to recent reports, the market volume of nutrition chemicals in europe in 2017 was approximately 125 thousand tons and is estimated to reach 175 thousand tons by the end of 2027, with a cagr of around 3%. the demand for nutrition chemicals in europe is primarily driven by the growing awareness about the importance of a balanced diet and increasing health consciousness among consumers. as people become more health conscious, they are actively seeking out ways to maintain a healthy and balanced diet, thereby driving the demand for nutrition chemicals. moreover, the rising prevalence of lifestyle diseases, such as obesity and diabetes, in europe has also been a major contributing factor for the increased demand for nutrition chemicals. nutrition chemicals can be broadly categorized into three forms – solid, liquid, and gas. in terms of volume, the solid form dominates the market with a share of over 60%, followed by the liquid form. this can be attributed to the ease of storage and transportation of solid nutrition chemicals, making it the more preferred form for manufacturers and consumers alike. however, with the growing demand for convenience and innovative products, the liquid and gas forms are expected to witness significant growth in the coming years. the food and beverage industry is the major end-user of nutrition chemicals in europe, accounting for over two-thirds of the market share. this can be attributed to the use of nutrition chemicals as food additives to enhance the nutritional value and shelf life of food products. the growing demand for functional foods and beverages, which offer additional health benefits, is also expected to drive the demand for nutrition chemicals in this sector. in addition to the food and beverage industry, the pharmaceutical and personal care industries are also significant consumers of nutrition chemicals in europe. the pharmaceutical industry utilizes nutrition chemicals in the production of dietary supplements, while the personal care industry uses them in the production of cosmetics and beauty products. the demand for nutrition chemicals in europe is expected to continue to grow in the coming years, driven by evolving consumer preferences and increasing health concerns. increasing investments in research and development for the development of new and innovative products and collaborations between manufacturers and research organizations are also expected to contribute to the growth of the market volume for nutrition chemicals in europe.