Nutraceuticals Market Report 2020: Top Companies, Trends and Future Prospects Details for Business Development


Posted March 24, 2020 by ivosmith98

The new report published by IMARC Group, the global nutraceuticals market is projected to reach a value of US$ 423.2 Billion by 2025, growing at a CAGR of 6.8% during 2020-2025.
 
Nutraceuticals are food and beverages which cater to individual nutritional demands and offer health benefits beyond basic nutrition. Nutraceuticals range from fortified products (such as vitamin-fortified juices) to enhanced commodities(such as eggs with higher omega-3 content). These products can be required due to certain health conditions, professional needs or food allergies and intolerances, and can help enhance immunity and digestion, prevent chronic diseases, improve cognitive behaviour, etc.

Highlights of the Global Nutraceuticals Market:

The shifting consumer preference towards personalised nutrition products remains the major growth driver.
Digestive and immune health products dominated the market, representing the most popular indication type.
The United States is the largest market, accounting for around a fourth of the global market.
The market is currently being driven by a number of growth inducing factors. One of the major factors is the shift towards personalized nutrition which has enabled the manufacturers to provide products that are better suited to the individual health and nutritional requirements of the consumers. Furthermore, the increase in the aging population and the prevalence of lifestyle diseases, particularly in the developed regions, has encouraged the demand for nutraceuticals. Several other factors such as better understanding towards fitness, growing health concerns, lifestyle changes,increasing disposable incomes and demand from emerging regions are also stimulating the global nutraceutical market.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/global-nutraceuticals-market

The report has examined the global nutraceuticals market on the basis of:

Type:

Personalised Foods
Personalised Beverages

Region:

United States
China
Mexico
Japan
Brazil
United Kingdom

Major Manufacturers:

PepsiCo Inc.
Coca Cola
Otsuka
Yakult Honsha
Danone
GlaxoSmithKline
Cadbury
Morinaga
Nestlé
Kirin Brewery

Do You Have Any Query or Specific Requirement? Ask to Our Industry Expert https://www.imarcgroup.com/request?type=report&id=538&flag=C

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Categories Business , Reports , Research
Tags industry report , market research , nutraceuticals
Last Updated March 24, 2020