Press release
Nutraceuticals Market is Expected to Grow at a CAGR of 7.1 % during the Forecast Period 2019 – 2027
The term nutraceutical combines two words nutrient (a nourishing food component) and pharmaceutical (a medical drug). A nutraceutical is also known as bioceutical. A nutraceutical is any substance that is a food or part of food that delivers health or medical benefits, including the treatment and prevention of disease. Its group of products that are more than food but less than pharmaceuticals. Nutraceuticals may be used to improve health, increase life expectancy, prevent chronic diseases, delay the aging process, or support the structure or function of the body.The global nutraceuticals market was valued at US$ 252,535.4 Mn in 2018 and is projected to be worth US$ 465,709.8 Mn by 2027, growing at a CAGR of 7.1 % during the forecast period.
Increasing demand for nutraceuticals in the dietary supplements industry across the globe is driving the need for the nutraceuticals market. Moreover, increasing health diseases such as obesity, cholesterol, high blood pressure & diabetes is expected to fuel the nutraceuticals market in the upcoming period. Furthermore, growing health care cost worldwide is also projected to influence the nutraceuticals market significantly. Due to the wide range of application of nutraceuticals in food and beverage, pharmaceutical, animal feed additives and various personal products, in turn, are anticipated to generate untapped opportunity for the market participants.
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A detailed SWOT analysis of Nutraceuticals Market provides strategic intelligence on Strengths and weaknesses of key players operating in this market, Category and country prospects for growth, Challenges and intimidations from current competition and future growth prospects, Global and regional market positions.
What the report features:-
• Global analysis of Nutraceuticals Market from 2019 – 2027 illustrating the progression of the market.
• Forecast and analysis of Nutraceuticals Market by Application and Type from 2019 – 2027
• Forecast and analysis of Nutraceuticals Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America
Leading key market players mentioned in the report:-
• Alticor Inc.
• BASF S.A.
• Cargill Incorporated
• Danone S.A.
• Dean Foods
• E. I. du Pont de Nemours and Company
• Koninklijke DSM N.V.
• Nestle S.A.
• PepsiCo, Inc.
• The Archer Daniels Midland Company
Worldwide Nutraceuticals Market 2027 research report conveys industry business patterns and the undertaking information, tolerating one to grasp clients and the stock driving gainfulness and yield development. The report highlights information on improvements and Global Nutraceuticals Market trends, drivers, revenue and furthermore available. The market report pulls in the most peculiar bits of knowledge of this business additionally makes Nutraceuticals forecast that is important out there. It accompanies estimations concerning the Nutraceuticals advancement, subordinate and draws in the distinguishing proof of their industry status.
The global nutraceuticals market is segmented on the basis of type and application. Based on type, the market is segmented into functional food, functional beverages, dietary supplements, personal care and pharmaceutical. On the basis of the application the market is segmented into general wellness, beauty and anti-aging, weight management, digestive health and sports and energy.
The report analyzes factors affecting Nutraceuticals market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Nutraceuticals market in these regions.
Table of Contents
• INTRODUCTION
• KEY TAKEAWAYS
• RESEARCH METHODOLOGY
• NUTRACEUTICALS MARKET LANDSCAPE
• NUTRACEUTICALS MARKET - KEY MARKET DYNAMICS
• NUTRACEUTICALS MARKET - GLOBAL MARKET ANALYSIS
• NUTRACEUTICALS MARKET - REVENUE AND FORECASTS TO 2027 – APPLICATION
• NUTRACEUTICALS MARKET - REVENUE AND FORECASTS TO 2027 – TYPE
• NUTRACEUTICALS MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
• INDUSTRY LANDSCAPE
• NUTRACEUTICALS MARKET, KEY COMPANY PROFILES
• APPENDIX
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