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UK Nutraceuticals Market Size, Share, Growth, Research and Forecast 2020-2026

02-04-2021 09:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The UK nutraceuticals market is anticipated to grow at a CAGR of 6.8% over the forecast period (2020-2026). The key factors that drive the growth of the market include the awareness related to health, high prevalence of chronic diseases, and easy availability of nutraceuticals. Besides the government regulations also impacts the growth of the UK nutraceuticals industry over the forecast period. In UK, food supplements including nutraceuticals are regulated under food law- Food Safety Act of 1990. Most of the food laws in the UK are similar to the EU and have been included in the country’s law.

A full report of UK Nutraceuticals Market is available at: https://www.omrglobal.com/industry-reports/uk-nutraceuticals-market

In the UK, (similar to the EU) beneficial claims related to the benefits of food supplements for marketing can be made by a company whether it is a specific health claim or a nutrition claim. Further, the consumption of dietary supplements by the people as additional nutrition also positively impacts the market growth. In September 2018, a survey was conducted by the Food Standard Agency on more than 2,000 UK consumers (16+ years). Out of this, 59% of the consumers were taking some kind of vitamin, mineral, or other supplement product at some point during 2018. The Department of Health and Social Care also recommends certain supplements such as vitamins A, C, and D to all children aged 6 months to 5 years which positively affects the market growth.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/uk-nutraceuticals-market

Market Coverage

• Market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Product Type and Distribution Channel
• Region Covered- UK
• Competitive Landscape- Archer Daniels Midland Co., Cargill Inc., Nestle SA, Danone SA, Koninklijke DSM NV, The Hain Celestial Group, Inc., and Abbott Laboratories among others

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/uk-nutraceuticals-market

UK Nutraceuticals Market – Segmentation

By Product Type

• Functional Food
• Functional Beverage
• Dietary Supplements

By Distribution Channel

• Retail & Supermarkets
• Online Platform

Company Profiles

• Abbott Laboratories Inc. (Abbott Nutrition)
• Amway Corp.
• Archer Daniels Midland Co.
• Arkopharma Laboratories SA
• BASF SE
• Cargill, Inc.
• Danone SA
• EI do Pont de Nemours and Co.
• General Mills Inc.
• Herbalife Ltd.
• Nestle SA
• PepsiCo Inc.
• Royal DSM NV
• The Hain Celestial Group, Inc.
• The Kraft Heinz Co.

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com

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