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Global Nutraceuticals Market Growth, Share, Size, Trends, and Forecast (2023 - 2032) | Cargill Incorporated., Abbott, ADM, BASF SE, Nestle
Nutraceuticals Market Report
As per the nutraceutical market report by The Business Research Company, the rise in the geriatric population is significantly contributing to the growth of the nutraceutical market. Nutraceuticals are products that can be taken by an individual along with a normal daily diet to get additional nutrients to promote good health and immunity. After a certain age, especially after 65 years or above, an individual requires additional nutrients to build immunity to fight against a number of diseases like diabetes, cholesterol, blood pressure, and other age-related issues.
The global nutraceuticals market size grew from $372.27 billion in 2022 to $409.12 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The nutraceuticals market size is expected to grow to $596.81 billion in 2027 at a CAGR of 9.9%.
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https://www.thebusinessresearchcompany.com/report/nutraceuticals-global-market-report
Major competitors in the nutraceutical market include Cargill Incorporated., Abbott, ADM, BASF SE, Nestle, PepsiCo, General Mills, DuPont, DSM, Herbalife International of America Inc., Kellogg Co., Amway Corp., Innophos, W. R. Grace & Co.-Conn., and Bactolac Pharmaceutical Inc.
The nutraceutical market is segmented -
•By Type: Vitamins and Minerals, Probiotics, Proteins and Peptides, Omega Fatty Acids, Other Types
•By Source: Plant, Animal, Microbial
•By Application: Functional Food, Functional Beverages, Dietary Supplements, Personal Care, Animal Nutrition, Other Applications
•By Product Forms: Capsules, Tablets, Softgels, Powder, Liquid
•By Distribution Channel: Specialty Stores, Supermarkets/Hypermarkets, Convenience Stores, Drug Stores/Pharmacies, Online Retail Stores, Other Distribution Channels
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the nutraceutical market.
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The nutraceuticals are classified as food but are also used for medical purposes. Nutraceuticals are specially designed consumable products from various food sources that contain a high concentration of bioactive compounds that have several nutritional, health, and medicinal benefits. Nutraceutical products and supplements can be taken by an individual along with a normal daily diet to get additional nutrients to promote good health and wellbeing. Nutraceutical products are used to improve health, prevent chronic diseases, increase life expectancy, and support the physical and mental health of an individual. They are also proven to have a potentially positive effect on health conditions like cardiovascular disease, hypertension, diabetes, inflammation, cancer, and others.
The Table Of Content For The Nutraceuticals Market Include:
1. Executive Summary
2. Nutraceuticals Market Characteristics
3. Nutraceuticals Market Trends And Strategies
4. Nutraceuticals Market - Macro Economic Scenario
5. Nutraceuticals Market Size And Growth
……
26. Africa Nutraceuticals Market
27. Nutraceuticals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nutraceuticals Market
29. Nutraceuticals Market Future Outlook and Potential Analysis
30. Appendix
The "Global Nutraceuticals Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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