Top Market Shifts Transforming the Nutraceuticals Market Landscape: Key Insights

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Nutraceuticals Market Size Growth Forecast: What to Expect by 2025?
The size of the nutraceuticals market has seen a significant expansion in the past few years. It is projected to escalated from a value of $455.01 billion in 2024 to $503.22 billion in 2025, depicting a compound annual growth rate (CAGR) of 10.6%. Factors such as increased health awareness, better-informed consumers, supportive regulations, scientific advancements, and the aging demographic have all contributed to the growth observed in the historic period.

How Will the Nutraceuticals Market Size Evolve and Grow by 2029?
In the coming years, the nutraceuticals market size is projected to undergo significant expansion. It's predicted to reach $772.51 billion by 2029, with a compound annual growth rate (CAGR) of 11.3%. This growth during the forecast period can be associated with the persistent awareness about health, changes in global economic trends, alterations in dietary habits, advances in digital health and e-commerce, and the emergence of personalized nutrition. Predominant trends during this period are anticipated to be functional beverages, sports nutrition and performance, solutions for mental wellness, immune system support, and a focus on gut health.

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What Drivers Are Propelling the Growth of Nutraceuticals Market Forward?
The growth of the nutraceutical market is being significantly aided by the increase in the elderly population. Nutraceuticals are essentially dietary supplements that allow a person to receive additional nutrition outside of their regular food intake, thereby promoting better health and bolstering immunity. As individuals cross the age of 65, there is a need for supplemental nutrients to strengthen their immunity to combat prevalent diseases such as diabetes, high cholesterol, high blood pressure and other conditions tied to aging. Nutraceuticals perfectly serve as everyday supplements to fulfill these nutrient needs. The World Health Organization, a specialized health agency headquartered in the US, stated in October 2022 that by 2030, 1 out of every 6 people worldwide would be aged 60 or above. The expectation is to see this number reach 2.1 billion by 2050. Thus, the increase in the elderly population underlines the nutraceutical market's upward trajectory.

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Which Emerging Trends Are Transforming the Nutraceuticals Market in 2025?
The key trend that nutraceutical companies are currently pursuing is the development of new products. This trend is driven by the numerous nutraceutical companies vying for market leadership and their ambition to explore and expand in fresh territories. Take for example, MiracleMe, a plant-based nutrition specialist from India. In April 2024, it introduced a new range of plant-based nutrition products. These products are crafted to deliver essential nutrients, minus any artificial additives, thus attracting health-conscious consumers. These products resonate with the increasing demand for pure, natural ingredients. This emphasis on quality meets the needs of those pursuing healthier lifestyle options.

What Are the Key Segments in the Nutraceuticals Market?
The nutraceuticals market covered in this report is segmented -

1) By Type: Vitamins and Minerals, Probiotics, Proteins and Peptides, Omega Fatty Acids, Other Types
2) By Source: Plant, Animal, Microbial
3) By Application: Functional Food, Functional Beverages, Dietary Supplements, Personal Care, Animal Nutrition, Other Applications
4) By Product Forms: Capsules, Tablets, Softgels, Powder, Liquid, Gummie*s
5) By Distribution Channel: Specialty Stores, Super markets/Hyper markets, Convenience Stores, Drug Stores/Pharmacies, Online Retail Stores, Other Distribution Channels

Subsegments:
1) By Vitamins and Minerals: Water-Soluble Vitamins, Fat-Soluble Vitamins, Minerals, Multivitamin Supplements
2) By Probiotics: Lactobacillus, Bifidobacterium, Saccharomyces, Other Probiotic Strains
3) By Proteins and Peptides: Whey Protein, Casein Protein, Plant-Based Proteins, Collagen Peptides
4) By Omega Fatty Acids: Omega-3 Fatty Acids, Omega-6 Fatty Acids, Omega-9 Fatty Acids
5) By Other Types: Herbal Supplements, Dietary Fiber, Antioxidants, Other Nutraceutical Ingredients

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Who Are the Key Players Shaping the Nutraceuticals Market's Competitive Landscape?
Major companies operating in the nutraceuticals market include Cargill Incorporated, Archer Daniels Midland Company, Nestle SA, BASF SE, PepsiCo Inc., Abbott Laboratories, Groupe Danone, Evonik Industries AG, General Mills Inc., Arla Foods amba, Kellogg Company, E. I. du Pont de Nemours and Company (DuPont), Ajinomoto Co Inc., Kerry Group plc, Royal DSM NV (Royal DSM), Amway Corporation, Ingredion Incorporated, Glanbia plc, Herbalife International of America Inc., Lesaffre, W. R. Grace & Co-Conn, Chr. Hansen Holding A/S, Innophos Holdings Inc., Nature's Sunshine Products Inc., Nutraceutical Corporation, NOW Foods, OmniActive Health Technologies, Bactolac Pharmaceutical Inc., ChromaDex, DSM Nutritional Products AG, Lonza Group AG, Tate & Lyle plc

What Geographic Markets Are Powering Growth in the Nutraceuticals Market?
North America was the largest region in the nutraceuticals market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nutraceuticals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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