Press release
Nutraceuticals Market Rides High on Rising Inclination for Natural Ingredients
Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=169
As per a business and market intelligence study by Transparency Market Research (TMR), the global nutraceuticals market is predicted to expand at a CAGR of 7.3% between 2015 and 2021. Expanding at this pace, the market’s valuation of US$ 165.62 bn in 2014 will become US$278.96 bn by 2021-end. Vis-à-vis revenue, functional food product type segment held the commanding share of the market in 2014. This is mainly because of surging demand for an array of foods such as fortified foods, probiotics, and branded ionized salt as individuals vie to attain wellness through diet. Dairy-based functional beverage segment commands the leading share as dairy-absed beverages are consumed widely in Asia. Region-wise, North America holds supremacy in the nutraceuticals market due to the presence of a large health-savvy population; the growth of this market is mainly driven by persistent demand for nutraceuticals in the U.S. and Canada.
Rising Spending on Health-benefitting Foods Fuels Growth
“Demand for nutraceuticals is expected to rise on the back of rising incidence of non-communicable diseases and rising healthcare expenses,” says the author of the study. Changing lifestyle and rising consumption of packaged food in emerging economies have been reasons for the increasing incidence of lifestyle diseases such as cardiovascular ailments and diabetes. This, along with rising healthcare expenses are stoking demand for nutraceuticals in emerging nations.
Obtain Report Details @ https://www.transparencymarketresearch.com/global-nutraceuticals-product-market.html
The rising demand for milk and meat is leading animal feed manufacturers to add nutraceuticals in animal feed. This is boosting the nutraceuticals market. Besides this, a high level of awareness among consumers in developed countries regarding the benefits of nutritional diet and rising demand for natural beauty products are aiding the growth of nutraceuticals market. Consumers in developed countries have a high degree of awareness about the side-effects of pharmaceuticals, hence are increasingly opting for natural foods and health-benefitting supplements derived from products derived from natural ingredients.
Apart from this, unlike pharmaceuticals, nutraceuticals are available over-the-counter without prescription. This makes another reason for their increased adoption as a natural supplement for well-being.
Relatively High Price Factor of Nutraceuticals Limits Uptake
Despite a host of positive factors, increasing prices of nutraceuticals are limiting their uptake especially in less developed economies. Nutraceuticals prices are generally higher than pharmaceuticals. Substantial difference between the prices of nutraceuticals and pharmaceuticals is compelling consumers to opt for low price medicines.
Low awareness about nutraceuticals is another factor challenging the growth of nutraceuticals market. A large population worldwide are yet to realize the benefits of nutraceuticals. Nevertheless, rising healthcare spending in Asia Pacific is likely to offer lucrative growth opportunities to global nutraceuticals market.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Nutraceuticals Market Rides High on Rising Inclination for Natural Ingredients here
News-ID: 1056012 • Views: 395
More Releases from Transparency Market Research- Food and Beverage
Fractionated Shea Butter in Cosmetics and Personal Care Market Expected to Incre …
Transparency Market Research (TMR) offers elaborated insights into the global fractionated shea butter in cosmetics and personal care market, in its upcoming market outlook titled, 'Fractionated Shea Butter in Cosmetics and Personal Care Market: Global Industry Analysis and Forecast 2018-2026'. The global fractionated shea butter in cosmetics and personal care market is projected to register a compound annual growth rate of around 4.5% in terms of market value during the…

Frozen Seafood Market: Leading Players to Shift Focus towards Strategic Partners …
The competition between the major sellers of seafood all over the world, like High Liner Foods, Grupo Pescanova, Beijing Princess Seafood International Trading, The Union Frozen Products, Nomad Foods Europe, Leroy Seafood, Marine Harvest ASA, Iglo Group, Clearwater Seafood, and AquaChile, portrays competitive landscape which is dominant in the global market for frozen seafood, reports Transparency Market Research (TMR). These major sellers are currently challenging each other based on the…

Food Hydrocolloids Market: Increasing Uptake of Ready-to-eat Meals Makes Signifi …
The global food hydrocolloids market is extremely competitive in nature with a large number of international and regional players operating in it across the globe, states a new market research study by Transparency Market Research. The increasing number of mergers and acquisitions and strategic collaborations and the entry of new players are some of the major factors that estimated to strengthen the competitive environment of the global market throughout the…

Frozen Food Market Predicted to be worth US$293.7 bn by 2019, Changing Purchasin …
In a highly fragmented frozen foods market, top five players collectively hold a meagre share in the overall market, according to a business intelligence study by Transparency Market Research (TMR). In this scenario, regional and local markets are largely served by regional players due to cost-intensive nature of long cold chains. In the coming years, however, the share of top players is likely to up as they continue to expand…
More Releases for Nutraceuticals
Future Trend & Forecast of Nutraceuticals
Nutraceuticals Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. It also…
Nutraceuticals Market Insights, 2017-2025
The U.S. market for nutraceuticals is competitive in nature and is likely to witness a significant rise in the level of competition throughout the forecast period, states a new market intelligence study by Transparency Market Research. The rising number of collaborations and mergers and acquisitions is projected to enhance the competitive environment of the overall market in the next few years. In addition to this, the expansion of the product…
3rd International Conference on Nutraceuticals
International Conference on Nutracueticals going to be held through online. International Conference on Nutraceuticals aims to bring together leading academic scientists, researchers and research scholars to exchange and share their experiences and research results on all aspects of Nutrition and Nutraceuticals. It also provides a premier interdisciplinary platform for researchers, practitioners and educators to present and discuss the most recent innovations, trends, and concerns as well as practical challenges encountered…
Nutraceuticals Market: Coronavirus Impact - Key Takeaways
The global nutraceuticals market size is predicted to reach USD 486.36 billion by 2026, exhibiting a CGAR of 8.14% during the forecast period. The growing demand for functional food and beverage will create new opportunities for the nutraceuticals market growth during the forecast period. The surge in product development and innovation activities and rising availability of nutraceutical products will augur well for the market. In addition, the increasing adoption of…
Nutraceuticals 2019
It is a privilege to us to be the host of the “2nd International Conference on Nutraceuticals”, on behalf of the Organizing Committee we are pleased to invite all you to the Nutraceuticals Conference 2019 on April 22-23 at Osaka, Japan
It is a privilege to us to be the host of the “2nd International Conference on Nutraceuticals”, on behalf of the Organizing Committee we are pleased to invite all you…
Nutraceuticals Market - Sophisticated Demand 2025
Global Nutraceuticals Market: Snapshot
The global market for nutraceuticals holds a significant potential for growth in the future. The increasing awareness among people across the world regarding health and fitness is likely to boost the demand for nutraceuticals in the coming years. Versatile in nature, nutraceuticals find significant usage in a number of industries, such as the food and beverages, pharmaceuticals, personal care, and animal feed additives. The recent findings regarding…