Press release
Global Nutraceutical Market: Steady Growth Projected to Reach USD 621 Billion by 2030
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ญ ๐๐จ๐ซ ๐๐๐ฆ๐๐ซ๐ค๐๐๐ฅ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ฐ๐ข๐ญ๐ก ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌThe global nutraceutical market is experiencing significant expansion, driven by increasing consumer awareness and demand for functional foods and s. The market, valued at USD XX billion in 2023, is projected to reach USD XX billion by 2029, growing at a robust CAGR of XX% during the forecast period. This press release delves into the growth trajectories, opportunities, trends, consolidations, and updates from key regions including Vietnam, China, Thailand, Japan, South Korea, Singapore, the US, and Europe.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
The nutraceutical market in Vietnam is witnessing steady growth fueled by rising health awareness among its population. Government initiatives to promote preventive healthcare have enhanced demand fo.Companies like DuPont and BASF are collaborating with local firms to expand their reach, introducing products tailored to Vietnamese consumers.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Emerging trends include a surge in demand for probiotics and fortified foods. Vietnamese consumers are increasingly opting for natural and organic nutraceutical products.
Recent mergers include DSM's acquisition of a local Vietnamese firm specializing in herbal supplements to strengthen its presence in the region.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ : https://www.maximizemarketresearch.com/request-sample/2936/
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐ข๐ง๐: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐ข๐ง๐
China dominates the nutraceutical market in Asia, with a market size exceeding USD XX billion in 2023. The sector is expected to grow significantly due to increasing disposable income and a growing elderly population.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐ข๐ง๐
Key developments include the introduction of stricter regulations by Chinese authorities to ensure product quality and safety, encouraging the entry of trusted global brands.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's nutraceutical market is gaining momentum, particularly in the herbal supplement segment. The country's rich biodiversity offers a competitive edge.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐๐ง: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's nutraceutical market is characterized by its advanced healthcare technologies and high demand for functional beverages and
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐๐ง
Key developments include government subsidies for nutraceutical research, fostering industry growth.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea is emerging as a lucrative market for nutraceuticals, with a focus on skin health and beauty supplements.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
Companies such as LG Household & Health Care are introducing collagen-based supplements to meet consumer demand.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
Mergers like CJ CheilJedang's acquisition of a brand highlight consolidation trends in this market.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's nutraceutical market is thriving, driven by its status as a healthcare hub in Southeast Asia.
Nutraceutical Market Opportunities in Singapore
Nestlรฉ Health Science recently launched a research center in Singapore to develop personalized nutrition solutions.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐
The United States remains a leader in the nutraceutical industry, with a market value of USD XX billion in 2023. Rising health-consciousness and an aging population are significant drivers.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's nutraceutical market is flourishing, with a focus on sustainable and organic products.
๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
The increasing popularity of plant-based and gluten-free supplements is reshaping the market. Companies such as Danone are leading innovations in this space.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/2936/
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ค๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ :
๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐
Probiotics
Proteins & Amino Acids
Phytochemicals & Plant Extracts
Fibers & Specialty Carbohydrates
Omega-3 Fatty Acids
Vitamins
Prebiotics
Carotenoids
Minerals
Others (Glucosamine, Chondroitin, and Polyols)
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Function food
Oils
Biscuits & bars
Baby food
Cereals
Bread
Confectionery
Others
Vitamins & Mineral Supplements
Probiotic Supplements
Pet supplements
Nutricosmetics
Protein supplements
Others
Functional beverages
Energy drinks
Sports drink
Others
Product-wise, the nutraceutical market comprises a variety of product categories, including functional beverages, , and functional foods. Due to their extensive use for nutrient deficiencies, preventative healthcare, and health maintenance,-particularly those containing vitamins and minerals-have a substantial market share among these. Worldwide, there is a steady need for vitamin and mineral supplements to address a range of age groups and health issues. Nonetheless, probiotic pills are becoming increasingly popular within the market due to their acknowledged benefits for digestive health and general wellbeing.
๐๐ฒ ๐ ๐จ๐ซ๐ฆ
Capsules & Tablets
Liquid
Powder
Others
Because is thought to have health benefits like stress reduction, relaxation, and maybe pain management, the market for(cannabidiol) supplements, including food, drinks, and even pet items, has grown. Consumer preferences and health-conscious lives are reflected in the growing interest in supplements and the ongoing appeal of functional foods and beverages. Due to growing consumer awareness of these goods' health-promoting qualities, functional foods-in particular, cereals-as well as oils and infant foods are experiencing significant growth. Fitness enthusiasts and those looking for a quick energy boost are drawn to the easy, on-the-go nutritional solutions that are available in the functional beverages market, especially energy drinks.
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Conventional Stores
Grocery Stores
Mass Merchandisers
Warehouse Clubs
Online Retailers
Specialty Stores
Bakery Stores
Confectionery Stores
Gourmet Stores
Health Centers
Cosmetics Stores
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : @https://www.maximizemarketresearch.com/market-report/nutraceutical-market-global/2936/
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ :
1. Abbot Laboratories
2. Amway Corporation
3. Archer Daniels Midland Company
4. Bactolac Pharmaceutical Inc
5. BASF SE,
6. Cargill
7. Chaitanya Agro Biotech Pvt. Ltd.
8. Danone SA
9. DSM
10. DuPont de Nemours, Inc.,
11. General Mills, Inc.
12. Glanbia Plc
13. GlaxoSmithKline Plc
14. Hain Celestial Group, Inc.
15. HempFlax Group BV.
16. Herbalife International of America, Inc.
17. Kellogg Company
18. Kraft Heinz Company
19. Nature's Bounty
20. Nestle S.A.,
21. PepsiCo, Inc.
22. Perrigo Company Plc
23. Pfizer Inc.
24. Tyson Foods
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐ซ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ :
What is Nutraceutical ?
What is the growth rate of the Nutraceutical Market?
Which are the factors expected to drive the Nutraceutical market growth?
What is the CAGR at which the Nutraceutical market will grow during the forecast period?
What are the different segments of the Nutraceutical Market?
Which is the fastest growing region in the Nutraceutical market?
What growth strategies are the players considering to increase their presence in Nutraceutical ?
What are the upcoming opportunities and trends for the Nutraceutical Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Nutraceutical Market?
Who are the leading companies and what are their portfolios in Nutraceutical Market?
What segments are covered in the Nutraceutical Market?
Who are the key players in the Nutraceutical market?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/2936/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ.
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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๐๐๐๐๐ก ๐๐ฎ๐ญ ๐ญ๐จ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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