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Nutraceuticals And Processing Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
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An increase in obese and diabetic patients on a global scale is the key driving force for the market. The market contributes less than 10% to the total food industry globally, but good growth opportunities are available if proper business partnership models are practiced, regulatory frameworks change, and consumer preferences are taken into consideration. The nutraceuticals market is growing at a fast pace as consumer awareness regarding health and fitness is increasing on a global scale. Some of the benefits associated with the use of nutraceuticals are delayed ageing process, prevention and treatment of chronic diseases, and improved life expectancy. Some factors like the changing lifestyle of the working population, affordability of medical services and good media penetration is expanding the nutraceuticals market in Asian countries.
The high price of nutraceuticals products is one of the major restraints to this industry due to the high cost of the raw material, higher manufacturing cost, and lower profit margins. The absorption rate of nutrients from these products is a major concern. Other challenges to the industry are maintaining quality standards, safety, and effectiveness. Some of the key participants in the nutraceuticals market are BASF Group, Cadbury, Cargill, Bayer Healthcare, Clif Bar & Company, Johnson and Johnson group, Jordan Cereals, and Herbal Life International of America.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
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