Nutraceutical Market Overview
Maximize Market Research, a leading international business consultancy firm, has released its highly anticipated "Nutraceutical Market" Report, providing crucial insights into the market's potential in the Asia Pacific region. Despite economic challenges post the Covid lockdown period, the market has showcased resilience and an upward trend. The report positions the Asia Pacific region as a lucrative opportunity for Nutraceutical market and its component manufacturers over the next decade.
The size of the nutraceutical market was estimated to be USD 437.82 billion in 2023. From 2024 to 2030, the market's total revenue is predicted to increase at a compound annual growth rate (CAGR) of 5.12%, or close to USD 621 billion.
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Nutraceutical Market Scope
Import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits are covered in the Nutraceutical market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Nutraceutical market are examined in the report.
Nutraceutical Market Segmentation
by Source
Probiotics
Proteins & Amino Acids
Phytochemicals & Plant Extracts
Fibers & Specialty Carbohydrates
Omega-3 Fatty Acids
Vitamins
Prebiotics
Carotenoids
Minerals
Others (Glucosamine, Chondroitin, and Polyols)
by Product
Function food
Oils
Biscuits & bars
Baby food
Cereals
Bread
Confectionery
Others
Dietary supplements
Vitamins & Mineral Supplements
Probiotic Supplements
1.CBD supplements
2. CBD Food
3. CBD Beverages
4.CBD Pet
Pet supplements
Nutricosmetics
Protein supplements
Others
Functional beverages
Energy drinks
Sports drink
Others
Product-wise, the nutraceutical market is divided into a number of different product categories, including functional foods, dietary supplements, and functional drinks. The dietary supplements, particularly those that contain vitamins and minerals, have a substantial market share among them since they are widely used for maintaining health, preventing illness, and treating specific nutrient shortages. Globally, there is a constant demand for vitamin and mineral supplements that addresses a range of age groups and health issues. Nonetheless, probiotic pills are becoming increasingly popular in the dietary supplement market due to their acknowledged benefits for digestive health and general wellbeing.
The rise in popularity of CBD (cannabidiol) supplements, food, drinks, and even pet goods, is attributed to the health benefits that CBD is thought to provide, including stress alleviation,
by Form
Capsules & Tablets
Liquid
Powder
Gummies
Others
by Distribution Channel
Conventional Stores
Grocery Stores
Mass Merchandisers
Warehouse Clubs
Online Retailers
Specialty Stores
Bakery Stores
Confectionery Stores
Gourmet Stores
Health Centers
Cosmetics Stores
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Nutraceutical Market Key Players
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
Table of content for the Nutraceutical Market includes:
Part 01: Executive Summary
Part 02: Scope of the Nutraceutical Market Report
Part 03: Nutraceutical Market Landscape
Part 04: Nutraceutical Market Sizing
Part 05: Nutraceutical Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Analysis
The Nutraceutical market report comprises an extensive analysis of the Nutraceutical industry across five primary world regions are Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. It delves into the market's key geographies and highlights notable segments and sub-segments within the industry.
Key Questions answered in the Nutraceutical Market Report are:
- What is Nutraceutical Market?
- What is the forecast period of the Nutraceutical Market?
- What is the competitive scenario of the Nutraceutical market?
- Which region held the largest market share in the Nutraceutical Market?
- What are the opportunities for the Nutraceutical Market?
- What are the restraining factors in the Nutraceutical market?
- Who are the key players of the Nutraceutical market?
Key offerings:
- Market Share, Size, and Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Nutraceutical
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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