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Nutraceuticals Market - Global Industry Analysis

Nutraceuticals Market - by Type (Functional Food [Omega Fatty Acid Fortified Food, Branded Wheat Flour, Probiotics Fortified Foods, Branded Ionized Salts, and Others], Functional Beverages [Fruits and Vegetable Juices & Drinks, Non-carbonated Drinks, Dairy & Dairy Alternative Drinks, Others], Dietary Supplements [Ayurveda Extracts, Algal Extracts, Plant Extracts, Phytochemicals, Others], and Personal Care): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 21-Jun-2018 Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-1417 Status : Published

Global Nutraceuticals Market, which was estimated at 211 (USD Billion) in 2019 and is predicted to accrue earnings worth 325 (USD Billion) by 2026, is set to record a CAGR of nearly 6.8% over 2020-2026.

Description

The global Nutraceuticals Market, which was estimated at 211 (USD Billion) in 2019 and is predicted to accrue earnings worth 325 (USD Billion) by 2026, is set to record a CAGR of nearly 6.8% over 2020-2026. The report offers valuation and analysis of Nutraceuticals Market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Introduction

Nutraceuticals is a broad terminology that is utilized for describing any product extracted from various food sources that offers extra health advantages apart from high nutritive value found in the diet. These products are versatile and find a slew of applications in animal feed additives, pharmaceuticals, animal nutrition, personal care, and food & beverages. Moreover, nutraceuticals are key components of food that possess tremendous health benefits.

Global Nutraceuticals Market-

Market Growth Dynamics

The expansion of nutraceuticals industry over the forecast timespan is owing to its ability for treating myriad ailments like diabetes, hypertension, cancer, and obesity. Additionally, the surge in the demand for preventive healthcare activities and inflating medical treatment costs will result in massive product penetration across the globe in the coming years. Apart from this, surging aging populace, rise in the healthcare costs, altering life patterns, and food innovations will impel the business growth over the estimated timespan.

Moreover, escalating health consciousness among the customers belonging to all age-groups across both developed countries and emerging economies will proliferate the market expansion over the forecasting years. A surge in the incidences of malnutrition in the emerging economies is likely to result in the steep hike in the product demand and this, in turn, will translate into massive expansion of the nutraceuticals industry over the forecast timeline. Nonetheless, strict government norms pertaining to product use may put brakes on the industry growth over the assessment timeline.

North American Market To Record Humungous Growth By 2026

The expansion of the industry in the sub-continent over the assessment timespan is due to rise in the focus on preventive healthcare activities in the sub-continent during the foreseeable future. In addition to this, massive product demand can also be attributed to surging geriatric population in the countries like the U.S. and Canada. Apart from this, large-scale intake of herbal drugs and awareness among the working persons about consuming balanced diet will culminate into huge market demand in the region over the forecast timeline. Furthermore, high popularity of food supplements in the sub-continent will provide lucrative growth avenues for the business in North America within the next couple of years.

Key participants profiled in the report include General Mills, Inc., Cargill Incorporated, Royal DSM N.V., E. I. du Pont de Nemours, Archer Daniels Midland Company, Groupe Danone S.A., Nestle S.A, and BASF SE. 

This report segments the global nutraceuticals market as follows:

Global Nutraceuticals Market: Type Segment Analysis

  • Functional Food 
    • Omega Fatty Acid Fortified Food
    • Branded Wheat Flour
    • Probiotics Fortified Foods
    • Branded Ionized Salts
    • Others 
  • Functional Beverages
    • Fruits and Vegetable Juices & Drinks
    • Non-carbonated Drinks
    • Dairy & Dairy Alternative Drinks
    • Others
  • Dietary Supplements
    • Ayurveda Extracts
    • Algal Extracts
    • Plant Extracts
    • Phytochemicals
    • Others
  • Personal Care

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global nutraceuticals market, 2015 - 2024 (USD Million)
    • 2.2. Global nutraceuticals market: snapshot
  •  
  • Chapter 3. Nutraceuticals Market- Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global nutraceuticals market drivers: impact analysis
      • 3.2.2. Increasing healthcare awareness
      • 3.2.3. Increasing cost of healthcare
    • 3.3. Market Restraints
      • 3.3.1. Global nutraceuticals market restraints: impact analysis
      • 3.3.2. High research and development costs
    • 3.4. Opportunities
      • 3.4.1. Promotion of healthy diets by governments
    • 3.5. Porter's five forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis, by type segment
      • 3.6.2. Market attractiveness analysis, by regional segment
  •  
  • Chapter 4. Global Nutraceuticals Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global nutraceuticals market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New product launch
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
    • 4.3. Price trend analysis
  •  
  • Chapter 5. Global Nutraceuticals Market- Type Segment Analysis
    • 5.1. Global nutraceuticals market: type overview
      • 5.1.1. Global nutraceuticals market revenue share, by type, 2017 and 2024
    • 5.2. Functional Food
      • 5.2.1. Global nutraceuticals market for functional food 2015 - 2024 (USD Million)
      • 5.2.2. Omega Fatty Acid Fortified Food
        • 5.2.2.1. Global nutraceuticals market for omega fatty acid fortified food 2015 - 2024 (USD Million)
      • 5.2.3. Branded Wheat Flour
        • 5.2.3.1. Global nutraceuticals market for branded wheat flour 2015 - 2024 (USD Million)
      • 5.2.4. Probiotics Fortified Foods
        • 5.2.4.1. Global nutraceuticals market for probiotics fortified foods 2015 - 2024 (USD Million)
      • 5.2.5. Branded Ionized Salts
        • 5.2.5.1. Global nutraceuticals market for branded ionized salts 2015 - 2024 (USD Million)
      • 5.2.6. Others
        • 5.2.6.1. Global nutraceuticals market for others 2015 - 2024 (USD Million)
    • 5.3. Functional Beverages
      • 5.3.1. Global nutraceuticals market for functional beverages 2015 - 2024 (USD Million)
      • 5.3.2. Fruits and Vegetable Juices & Drinks
        • 5.3.2.1. Global nutraceuticals market for Fruits and vegetable juices & drinks 2015 - 2024 (USD Million)
      • 5.3.3. Non-carbonated Drinks
        • 5.3.3.1. Global nutraceuticals market for non-carbonated drinks 2015 - 2024 (USD Million)
      • 5.3.4. Dairy & Dairy Alternative Drinks
        • 5.3.4.1. Global nutraceuticals market for dairy & dairy alternative drinks 2015 - 2024 (USD Million)
      • 5.3.5. Others
        • 5.3.5.1. Global nutraceuticals market for others 2015 - 2024 (USD Million)
    • 5.4. Dietary Supplements
      • 5.4.1. Global nutraceuticals market for dietary supplements 2015 - 2024 (USD Million)
      • 5.4.2. Ayurveda Extracts
        • 5.4.2.1. Global nutraceuticals market for ayurveda extracts 2015 - 2024 (USD Million)
      • 5.4.3. Algal Extracts
        • 5.4.3.1. Global nutraceuticals market for algal extracts 2015 - 2024 (USD Million)
      • 5.4.4. Plant Extracts
        • 5.4.4.1. Global nutraceuticals market for plant extracts 2015 - 2024 (USD Million)
      • 5.4.5. Phytochemicals
        • 5.4.5.1. Global nutraceuticals market for phytochemicals 2015 - 2024 (USD Million)
      • 5.4.6. Others
        • 5.4.6.1. Global nutraceuticals market for others 2015 - 2024 (USD Million)
    • 5.5. Personal Care
      • 5.5.1. Global nutraceuticals market for personal care 2015 - 2024 (USD Million)
  •  
  • Chapter 6. Global Nutraceuticals Market- Regional Segment Analysis
    • 6.1. Global nutraceuticals market: regional overview
      • 6.1.1. Global nutraceuticals market revenue share, by region, 2017 and 2024
    • 6.2. North America
      • 6.2.1. North America nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
      • 6.2.2. U.S.
        • 6.2.2.1. U.S. nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
    • 6.3. Europe
      • 6.3.1. Europe nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
      • 6.3.2. UK
        • 6.3.2.1. UK nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
      • 6.3.3. Germany
        • 6.3.3.1. Germany nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
      • 6.3.4. France
        • 6.3.4.1. France nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
      • 6.4.2. China
        • 6.4.2.1. China nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
      • 6.4.3. Japan
        • 6.4.3.1. Japan nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
      • 6.4.4. India
        • 6.4.4.1. India nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
    • 6.5. Latin America
      • 6.5.1. Asia Pacific nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
      • 6.5.2. Brazil
        • 6.5.2.1. Brazil nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
    • 6.6. Middle East and Africa
      • 6.6.1. Middle East and Africa nutraceuticals market revenue, by type, 2015 - 2024 (USD Million)
  •  
  • Chapter 7. Company Profile
    • 7.1. E. I. du Pont de Nemours
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Therapy portfolio
      • 7.1.4. Business strategy
      • 7.1.5. Recent developments
    • 7.2. Archer Daniels Midland Company
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Therapy portfolio
      • 7.2.4. Business strategy
      • 7.2.5. Recent developments
    • 7.3. Nestle S.A
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Therapy portfolio
      • 7.3.4. Business strategy
      • 7.3.5. Recent developments
    • 7.4. General Mills, Inc.
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Therapy portfolio
      • 7.4.4. Business strategy
      • 7.4.5. Recent developments
    • 7.5. Cargill Incorporated
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Therapy portfolio
      • 7.5.4. Business strategy
      • 7.5.5. Recent developments
    • 7.6. Groupe Danone S.A.
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Therapy portfolio
      • 7.6.4. Business strategy
      • 7.6.5. Recent developments
    • 7.7. Royal DSM N.V.
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Therapy portfolio
      • 7.7.4. Business strategy
      • 7.7.5. Recent developments
    • 7.8. BASF SE
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Therapy portfolio
      • 7.8.4. Business strategy
      • 7.8.5. Recent developments

Methodology

Free Analysis

Nutraceuticals are derived from food sources with additional health benefits along with the basic nutritional value in foods. It can be considered as non-specific biological therapies used to promote safety, control symptoms, and avoid malignant processes. Increased risk of chronic diseases such as diabetes, high blood pressure, obesity, and cholesterol is anticipated to boost the demand for nutraceuticals over the forecast period. Nutraceuticals provide medicinal and health benefits and also enhances the nutritive value of food. The awareness regarding nutraceuticals products and health supplements is increasing due to increasing number of nutritional care professionals/service providers such as dietician and nutritionist. The high cost associated with healthcare treatments resulted in growing consumer interest in nutraceuticals in the past years. These factors are expected to drive the nutraceuticals market growth over the forecast period.

Nutraceuticals are expected to boost its presence in the pharmaceutical and food market. Nutraceuticals are gaining popularity in the preventative & proactive healthcare and management of diseases. People making healthier choices are going to aid nutraceuticals market growth. Growing adoption of e-commerce and rising consumer awareness through social media are expected to further augment the demand for the nutraceuticals over the forecast timeframe. In order to remain healthy and stay fit one needs to take proactive and preventive care. Increased awareness among the individuals regarding the importance of staying healthy has compelled them to shift towards healthy food, nutraceuticals, and diet.

Based on the type, the nutraceuticals market is segmented into a functional food, functional beverages, dietary supplements, and personal care. Functional food is further divided into omega fatty acid fortified food, branded wheat flour, probiotics fortified foods, branded ionized salts, and others. Functional beverages are sub-divided into fruits and vegetable juices & drinks, non-carbonated drinks, dairy & dairy alternative drinks, and others. Dietary supplements are further segmented as Ayurveda extracts, algal extracts, plant extracts, phytochemicals, and others.

Global Nutraceuticals Market-

North America held substantial revenue share of the global nutraceuticals market in 2017 and the region is anticipated to continue with its regional supremacy over the forecast period. The growth of this regional market is attributed due to the high adoption rate, as people are more concerned about living a healthy lifestyle. The opportunity for growth in the U.S. lies with younger generations, to appeal to different need perception of healthy living. Asia Pacific is projected to grow at a significant CAGR, due to rising geriatric population and high prevalence of chronic diseases. The growth of the nutraceuticals market can be attributed to an increased inclination of consumers and high awareness regarding health and nutrition.

Some of the industry players in the nutraceuticals market include E. I. du Pont de Nemours, Archer Daniels Midland Company, Nestle S.A, General Mills, Inc., Cargill Incorporated, Groupe Danone S.A., Royal DSM N.V., and BASF SE. Industry players majorly focus on new product launch and merger & acquisition strategy in order to gain maximum share in the market.


Frequently Asked Questions

The expansion of nutraceuticals industry over the forecast timespan is owing to its ability for treating myriad ailments like diabetes, hypertension, cancer, and obesity. Additionally, the surge in the demand for preventive healthcare activities and inflating medical treatment costs will result in massive product penetration across the globe in the coming years. Apart from this, surging aging populace, rise in the healthcare costs, altering life patterns, and food innovations will impel the business growth over the estimated timespan. Moreover, escalating health consciousness among the customers belonging to all age-groups across both developed countries and emerging economies will proliferate the market expansion over the forecasting years. A surge in the incidences of malnutrition in the emerging economies is likely to result in the steep hike in the product demand and this, in turn, will translate into massive expansion of the nutraceuticals industry over the forecast timeline.

According to Zion market research report, the global Nutraceuticals Market, which was estimated at 211 (USD Billion) in 2019 and is predicted to accrue earnings worth 325 (USD Billion) by 2026, is set to record a CAGR of nearly 6.8% over 2020-2026.

North America is likely to make noteworthy contributions towards overall market revenue during 2020-2026. The regional market growth over forecast timeline can be credited to rise in the focus on preventive healthcare activities in the sub-continent during the foreseeable future. In addition to this, massive product demand can also be attributed to surging geriatric population in the countries like the U.S. and Canada. Apart from this, large-scale intake of herbal drugs and awareness among the working persons about consuming balanced diet will culminate into huge market demand in the region over the forecast timeline.

The key players profiled in the report include General Mills, Inc., Cargill Incorporated, Royal DSM N.V., E. I. du Pont de Nemours, Archer Daniels Midland Company, Groupe Danone S.A., Nestle S.A, and BASF SE.

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