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Nutraceuticals Market Key Trends, Stunning Growth, Size, Industry Analysis, Future Demand, Comeptitive Strategies And Forecast 2032 || Cargill Incorporated., Abbott, ADM, BASF SE, Nestle
Nutraceuticals Market Report
As per the nutraceuticals 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. Nutraceuticals are used as daily supplements to meet the daily requirements of nutrients. For instance, in 2020, according to the United Nations, there were approximately 727 million people aged 65 and above worldwide, and that number is expected to reach approximately 1.5 billion by 2050.
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%.
Read More On The Nutraceuticals Market Report Here:
https://www.thebusinessresearchcompany.com/report/nutraceuticals-global-market-report
Major competitors in the nutraceuticals market include Cargill Incorporated., Abbott, ADM, BASF SE, Nestle, PepsiCo, General Mills, DuPont, DSM, Herbalife International of America Inc., Kellogg Co., Amway Corp., Innophos.
The nutraceuticals 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 nutraceuticals market.
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The nutraceuticals market consists of sales of dietary supplements, functional food, medicinal food, and farmaceuticals. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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
6. Nutraceuticals Market Segmentation
...........
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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