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The Infinium Global Research analyzes the Nutraceuticals Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global nutraceuticals market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of nutraceuticals. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the nutraceuticals market during the period. The global nutraceuticals market is projected to grow at a CAGR of 7.60% over the forecast period of 2019-2025.

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Nutraceuticals are a product that added health benefits in addition to the basic nutritional value of the food. Nutraceuticals are natural foods, including dietary supplements, antioxidants, fortified dairy products, citrus fruits, cereals, vitamins, herbals, milk and minerals which improve the overall health of consumers. Nutraceutical plays an important role in the well-being of humans. Nutraceuticals products help in managing health issues like obesity, cholesterol, cancer, arthritis, and diabetes. Nutraceuticals are used in various end-user industries which includes pharmaceutical, food & beverages, personal care, and animal feed.

Global Nutraceuticals Market has been Driven by the Growing Awareness Among Consumers Associated with the Benefits of Consuming Functional Foods 

The global nutraceuticals market has been driven by the growing awareness among consumers associated with the benefits of consuming functional foods. Functional foods provide additional physiological benefits that may reduce chronic, common disease risks. Moreover, increasing health consciousness along with a need to consume healthy food leads to the demand of the nutraceutical market. Apart from this, increasing incidences of obesity, diabetes, high blood pressure, and cholesterol and booming e-commerce industry, in confluence with expanding consumer awareness, spur the demand of same. 

Additionally, dietary supplement consumption by young population for their fitness awareness, thereby driving market growth. However, the cost of production of raw materials for nutraceutical products may hamper that growth of the market. Furthermore, consumer inclination towards personalized nutrition trends is expected to offer lucrative opportunities for the global nutraceutical market in coming years. Additionally, new product development and investment in R&D by the major players are further accelerating the growth of the same in the coming years.

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Asia Pacific is Expected to be the Largest Share of the Nutraceuticals Market 

Geographically, The Asia Pacific is expected to be the largest share of the nutraceuticals market due to the presence of countries like China, Japan, and India, as they are the prime users of nutraceutical products. Increasing occurrences of chronic diseases along with rapid growth in the geriatric population in economies such as Japan and China escalates the growth of the market in the Asia Pacific region. On the other hand, North America is accounted to be the mature market for nutraceuticals. 

The growth of North America region is attributed owing to the growth of the elderly population along with high healthcare costs in developed countries in this region. Consumer preferences towards on the go food products are further quickening the growth of the market over the forecast period. Looking to Europe, population growth, urbanization, and digitalization have all been key factors augmenting an unhealthy consumer lifestyle and dietary patterns, which leads to uncontrollable obesity levels. Which in turns, the growth of nutraceuticals products is an increase in the moderate rate in Europe. Furthermore, the Middle East and Africa are projected to experience moderate growth in the nutraceuticals market during the forecast period.

Nutraceuticals Market: Segmentation

The report on global nutraceuticals market covers segments such as type. On the basis of type, the sub-markets include functional food, functional beverage, and dietary supplements.

Nutraceuticals Market: Competitive Landscape

The report provides profiles of the companies in the market such as Amway, W. R. Grace, and Company, General Mills, Innophos, Inc., Koninklijke DSM N.V., Cargill Corporation, The Hain Celestial Group, Inc., Nestlé S.A., Archer Daniels Midland, and DuPont.

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Reasons to Buy this Report: 

  • Comprehensive analysis of global as well as regional markets of the nutraceuticals.
  • Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025. 
  • Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.   
  • Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.