U.S. Nutraceuticals Market to Amass Revenues More Than US$102.6 bn Through 2017-2025

The U.S. nutraceuticals market has been foreseen in a report by Transparency Market Research (TMR) to witness mergers and acquisitions focused upon as an overall approach taken to secure a strong position in the industry. This strategy has been expected to bode well for players looking to improve their market share and branch out their product portfolio. With a view to reflect current trends of the market, a number of manufacturers could reposition their brands or launch new products in the industry. Offering a product with enhanced functional properties and in multiple flavors has been anticipated to come out as a key differentiation strategy of the market.

Request For Report Brochure For Latest Industry Insights @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=22325

TMR foretells the U.S. nutraceuticals market to expand to a whopping US$102.6 bn by the end of 2024, rising at a 5.30% CAGR during the completion of the forecast tenure 2016-2024. In 2017, the market had held a valuation of US$71.1 bn. In terms of product, functional foods have been predicted to exhibit their prominence in the market while being valued at a US$38.2 bn by the final forecast year.

Demand Surges with Shift in Focus from Treatment to Daily Preventative Measures

One of the important trends observed in the U.S. nutraceuticals market is offering ready-to-eat and more convenient products. Top players such as Amway Enterprises, Herbalife International, and General Mills, Inc. could make their presence known in the market.

The U.S. nutraceuticals market has been prognosticated to gain from the proactive attitude of consumers toward preventive healthcare. Nutraceuticals could find an increased adoption because of their beneficial approach to prevent long and short-term diseases. Rising population of baby boomers in the U.S. could bring in ample of demand in the market owing to their need of safer and healthier food products. The launch of new functional foods adding more functionality to traditional food products has been projected to increase the demand for nutraceuticals and also create new product categories.

Obtain Report Details @ https://www.transparencymarketresearch.com/us-nutraceuticals-market.html

Market Saturation and Stable Revenue of Key Products Interfere with Growth

The relatively stable revenue of key products such as iodized salt, fortified wheat, and supplements and their mature status in the industry could be among primary factors arresting the growth of the U.S. nutraceuticals market. False health claims and negative publicity of certain products have also been forecast to hinder market growth in the coming years. Another factor that could drop the demand for nutraceuticals is the use of artificial favoring agents and preservatives and extensive processing techniques.

However, the escalating popularity of multicultural cuisine as a result of the growing demand for a range of different food options has been prophesied to set the tone for a valuable growth in the U.S. nutraceuticals market. This could be particularly true in areas where the spending power is high. Furthermore, the rising preference for on-the-go foods to catch up with busy work schedules has been envisaged to create rewarding opportunities in the market.

About Us

Transparency Market Research (TMR) is leader in analytics, research, and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a preeminent provider of cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who hold a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700,
Albany, NY - 12207
United States
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.