openPR Logo
Press release

U.S. NUTRACEUTICALS MARKET TO WITNESS HIGH GROWTH WITH RISING LEVEL OF COMPETITION

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 portfolio is one of the major factors that is projected to accelerate the growth of the growth of the U.S. market for nutraceuticals. The launch of new products and the research and development activities taking place are some of the other key factors that are predicted to enhance the growth of the nutraceuticals market in the U.S. in the next few years. Some of the key players operating in the nutraceuticals market in the U.S. are The Nature's Bounty Co., Pepsi Co., Bayer AG, Royal DSM NV, Abbott Laboratories, Chobani LLC, Herbalife International Inc., Amway Enterprises, General Mills Inc., and Groupe Danone.

Request to View Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=22325

According to the market research study by Transparency Market Research, in 2015, the U.S. market for nutraceuticals was worth US$64.8 bn. The market is further projected to reach a value of US$102.6 bn by the end of 2024 and register a healthy 5.30% CAGR between 2016 and 2024.

Functional Foods to Register Promising Growth in Coming Few Years

The U.S. market for nutraceuticals has been classified on the basis of product type into functional beverages, functional foods, and dietary supplements. Among these, the functional foods segments is anticipated to lead the overall market in the next few years with a large share of the market. The rising demand for functional foods, owing to the rising awareness among consumers regarding the benefits of consuming functional foods is one of the key factors estimated to encourage the growth of this segment in the next few years.

In addition to this, the rising preference of consumers for a healthy lifestyle is projected to enhance the growth of this segment in the next few years. As per the research study, this segment is projected to register a 6.10% CAGR between 2016 and 2024.

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

Liquid Nutraceuticals to Witness Strong Growth in Near Future

The U.S. market for nutraceuticals has been segmented on the basis of product form into powder, solids/semi-solids, liquid, and tablets and capsules. Among these, the liquid nutraceuticals segment is projected to witness a strong growth in the next few years. As per the research study, this segment is likely to account for a large share of the overall market, thanks to the rising adoption among consumers throughout the forecast period. Furthermore, the other product forms of nutraceuticals including powders, tablets and capsules, and solids/semi-solids are expected to observe a healthy growth, owing to their increasing demand in the next few years. In addition to this, the increasing consumption of nutraceuticals and the increasing level of awareness among consumers are some of the other key factors that are estimated to enhance the growth of these products forms in the coming few years.

Rising Consumer Awareness to Drive U.S. Nutraceuticals Market

The increasing consumption of major products, such as fortified wheat, iodized salt, and supplements and the maturity of markets are some of the major factors that are estimated to accelerate the growth of the U.S. nutraceuticals market in the coming years. The increasing preference for on-the-go food products is predicted to accelerate the growth of the market throughout the forecast period. On the other hand, the negative publicity of these products along with the false health claims are predicted to restrict the growth of the U.S. nutraceuticals market in the next few years.

This information is based on the findings of a research report published by Transparency Market Research (TMR), titled "Nutraceuticals Market (Product Type - Functional Foods (Probiotics Fortified Food, Omega Fatty Acid Fortified Food, Branded Ionized Salt, and Branded Wheat Flour), Functional Beverages (Energy Drinks, Sports Drinks, Fortified Juices, and Fortified Dairy Beverages), and Dietary Supplements (Proteins Supplements, Vitamins & Minerals, Herbal Supplements (Ayurvedic Extracts, Plant Extracts, Algal Extracts, and Phytochemicals), Fatty Acids, and Fiber; Product Form - Tablets and Capsules, Powder, Liquid, and Solids/Semi-solids) - U.S. Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025."

Key Takeaways:

The rising demand for supplements and functional foods is expected to encourage the growth of the U.S. nutraceuticals market in the next few years.
Rising number of players to encourage market growth and enhance the competitive environment of the U.S. nutraceuticals market in the near future.

Contact Us

Transparency Market Research
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:https://www.transparencymarketresearch.com

About Us

Transparency Market Research 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.

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 U.S. NUTRACEUTICALS MARKET TO WITNESS HIGH GROWTH WITH RISING LEVEL OF COMPETITION here

News-ID: 1907343 • Views:

More Releases from Transparency Market Research

Solid Tires Market Expected to Witness Impressive Growth at a 8.1% CAGR by 2031
Solid Tires Market Expected to Witness Impressive Growth at a 8.1% CAGR by 2031
The latest research study released by Transparency Market Research on "Solid Tires Market Forecast to 2023-2031 ″ research provides accurate economic, global, and country-level predictions and analyses. Solid Tires market is estimated to attain a valuation of US$ 760.0 Mn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 8.1% during
Automotive Cyber security Market Sales Estimated to Hit USD 10.5 Billion by 2031| Says Transparency Market Research
Automotive Cyber security Market Sales Estimated to Hit USD 10.5 Billion by 2031 …
The latest research study released by Transparency Market Research on "𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐂𝐲𝐛𝐞𝐫 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Automotive Cyber security industry, as
Ready-mix Concrete Market to Witness Exponential Growth with a CAGR of 6.1% from 2022 to 2031: TMR Study
Ready-mix Concrete Market to Witness Exponential Growth with a CAGR of 6.1% from …
The latest research study released by Transparency Market Research on "𝐑𝐞𝐚𝐝𝐲-𝐦𝐢𝐱 𝐂𝐨𝐧𝐜𝐫𝐞𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Ready-mix Concrete industry, as well as
Mining Automation Market to Surge at 6.4% CAGR, Hitting US$ 7.3 Bn by 2031, According to TMR Study
Mining Automation Market to Surge at 6.4% CAGR, Hitting US$ 7.3 Bn by 2031, Acco …
The latest research study released by Transparency Market Research on "𝐌𝐢𝐧𝐢𝐧𝐠 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Mining Automation industry, as well as

All 5 Releases


More Releases for Fortified

The Fortified Sugars Market To Grow Explicitly
Advancements in food technology led to the emergence of fortification techniques in the mid-70s. Governments from several parts of the global started enacting legislations on fortification of food nutrients, particularly sugars. Collaborative efforts of governments, food regulatory bodies and companies instrumented the consolidation of global value chain for fortified sugars. With promotional campaigns, aggressive marketing and awareness programs, the uptake of fortified sugar increased among consumers. In the near future,
Fortified Rice Market: Rising Demand for Nutrient Rich Fortified Rice Boosts Mar …
Fortified rice has gained traction as one of the simple means of providing nutrition solutions with essential micronutrients in a cost-effective and sustainable way. This has further helped communities most parts of the world in acquiring greater nutritional value from their daily rice consumption. Rice is considered to be one of the most difficult food to fortify. However, several innovative fortification technologies for rice are being introduced in the market
What's driving the Fortified Salts Market trends?
Fortified Salts Market is projected to surpass USD 7 billion by 2024; according to a new research report by Global Market Insights, Inc. Shifting consumer preference for nutritional diet coupled with increasing malnutrition concerns among children and adults will propel product demand. Rising prevalence of anemia due to iron deficiency will drive fortified salts market growth. Request Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/1880 Company Profiles 1. AkzoNobel 2. Tata Chemicals 3. Cargill Salt 4. Compass Minerals 5. K+S Windsor
Global Fortified Dairy Products Market #protein-fortified dairy products#fortifi …
As per the current market trends and the promising nature of the “Global Fortified Dairy Products Market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, Market Research Reports Search Engine would be publishing a resourceful analysis that will enclose knowledge about the regional market size, revenue and opportunity status. Readers will be offered the privilege to decode
Fortified Rice Market: Rising Demand for Nutrient Rich Fortified Rice Boosts Mar …
Fortified rice has gained traction as one of the simple means of providing nutrition solutions with essential micronutrients in a cost-effective and sustainable way. This has further helped communities most parts of the world in acquiring greater nutritional value from their daily rice consumption. Rice is considered to be one of the most difficult food to fortify. However, several innovative fortification technologies for rice are being introduced in the market
Fortified Wine Market Regional Analysis 2022
According to a new report by Fact.MR, the global fortified wine market is projected to register a low single-digit CAGR during the forecast period 2017 to 2022. Majority of people believe premium products to contain high-quality ingredients. Product premiumization is therefore considered as a major strategy adopted by market players in order to fuel adoption of fortified wine worldwide. Revenues from global sales of fortified wine are estimated to account for approximately