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Nutraceuticals market Growth at a CAGR of 10.9% from 2021 to 2030

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The Nutraceuticals market is projected to reach US$ 830,426.3 Mn by 2030. And registering a CAGR of around 10.9% over the forecast period 2021 – 2030.

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Growth Factors

 Rising awareness regarding calorie reduction and weight loss in countries, including U.S., China, and India, is expected to promote the application of nutraceuticals, which, in turn, will have a substantial impact on the industry growth.

Growing trend among consumers to alter dietary habits is likely to boost the demand for nutraceuticals. The consumer belief that improper diet results in an increase in costs on pharmaceuticals are anticipated to boost the demand for nutraceuticals. This would also help the government as it would result in lesser expenditure on healthcare and low social security costs.

Report Coverage

Report Scope Details
Market Size USD 830,426.3 million by 2030
Growth Rate CAGR of 10.9% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, Dietary Supplements, Functional Food, Functional Beverages
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Cargill, Inc.; Archer Daniels Midland Company; DuPont; Nestle S.A.; Danone; Royal DSM N.V.; General Mills; Innophos; WR Grace; Amway Corp.; AOR Canada; Arkopharma Laboratories S.A.; Bactolac Pharmaceuticals, Inc.; E.I.D Parry Ltd.; Valensa International; Matsun Nutrition; Mead Johnson Nutrition Company; Natrol, Inc.; The Hain Celestial Group, Inc.; Herbalife Ltd.

By Product Analysis

With respect to product segmentation, the industry is categorized into dietary supplements, functional beverages, and functional foods. The functional food segment held the overall market in 2020 with a revenue share of 48.13%, followed by dietary supplements and functional beverages.

Sport Drinks are gaining popularity among athletes and other individuals involved in energetic physical activities. The demand for sports drinks among millennials also drives the market. The prebiotics- and probiotics-based functional foods are anticipated to witness the highest growth forecast period.

By Regional Analysis

Asia Pacific held the global market in 2020 with a revenue share of more than 31% and is estimated to expand further at the largest CAGR of 11.7% from 2020 to 2030. Growing health concerns among consumers and increasing awareness about nutraceuticals are likely to be the major factors driving the Asia Pacific regional market.

the growing trend of food fortification with nutraceutical products is anticipated to create a huge opportunity for this market. Furthermore, the rapid growth of the retail sector in emerging markets including China, Indonesia, Malaysia, and India on account of regulatory support promoting investments is expected to increase the product accessibility, thereby enhancing the overall sales. 

Key Players

  • Cargill, Inc.
  • Archer Daniels Midland Company
  • DuPont
  • Nestle S.A.
  • Danone
  • Royal DSM N.V.
  • General Mills
  • Innophos
  • WR Grace
  • Amway Corp.
  • AOR Canada
  • Arkopharma Laboratories S.A.
  • Bactolac Pharmaceuticals, Inc.
  • E.I.D Parry Ltd.
  • Valensa International
  • Matsun Nutrition
  • Mead Johnson Nutrition Company
  • Natrol Inc.
  • The Hain Celestial Group, Inc.
  • Herbalife Ltd.

Market Segmentation

  • Product
    • Dietary Supplements
    • Functional Food
    • Functional Beverages
  • Dietary Supplements Product
    • Vitamins
    • Botanicals
    • Minerals
    • Proteins & Amino Acids
    • Fibers & Specialty Carbohydrates
    • Omega Fatty Acids
    • Others
  • Functional Food
    • Carotenoids
    • Dietary Fibers
    • Fatty Acids
    • Minerals
    • Prebiotics & Probiotics
    • Vitamins
    • Others
  • Functional Beverages
    • Energy Drinks
    • Sports Drinks
    • Functional Juices
    • Others
    • Infants
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
      • Russia
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia & New Zealand
    • Central & South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • South Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Functional Food Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Nutraceuticals Market, By Product

7.1.  Nutraceuticals Market, by Product, 2021-2030

7.1.1.    Dietary Supplements

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Functional Food

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Functional Beverages

7.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Nutraceuticals Market, By Dietary Supplements

8.1.  Nutraceuticals Market, by Dietary Supplements, 2021-2030

8.1.1.    Vitamins

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Botanicals

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Minerals

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Proteins & Amino Acids

8.1.4.1.        Market Revenue and Forecast (2017-2030)

8.1.5.    Fibers & Specialty Carbohydrates

8.1.5.1.        Market Revenue and Forecast (2017-2030)

8.1.6.    Omega Fatty Acids

8.1.6.1.        Market Revenue and Forecast (2017-2030)

8.1.7.    Others

8.1.7.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Nutraceuticals Market, By Functional Food

9.1.  Nutraceuticals Market, by Functional Food, 2021-2030

9.1.1.    Carotenoids

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Dietary Fibers

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Fatty Acids

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    Minerals

9.1.4.1.        Market Revenue and Forecast (2017-2030)

9.1.5.    Prebiotics & Probiotics

9.1.5.1.        Market Revenue and Forecast (2017-2030)

9.1.6.    Vitamins

9.1.6.1.        Market Revenue and Forecast (2017-2030)

9.1.7.    Others

9.1.7.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Nutraceuticals Market, By Functional Beverages

10.1.        Nutraceuticals Market, by Functional Beverages, 2021-2030

10.1.1.  Energy Drinks

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  Sports Drinks

10.1.2.1.      Market Revenue and Forecast (2017-2030)

10.1.3.  Functional Juices

10.1.3.1.      Market Revenue and Forecast (2017-2030)

10.1.4.  Others

10.1.4.1.      Market Revenue and Forecast (2017-2030)

10.1.5.  Infants

10.1.5.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global Nutraceuticals Market, Regional Estimates and Trend Forecast

11.1.        North America

11.1.1.  Market Revenue and Forecast, by Product (2017-2030)

11.1.2.  Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.1.3.  Market Revenue and Forecast, by Functional Food (2017-2030)

11.1.4.  Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.1.5.  U.S.

11.1.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.1.5.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.1.5.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.1.5.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.1.6.  Rest of North America

11.1.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.1.6.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.1.6.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.1.6.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.2.        Europe

11.2.1.  Market Revenue and Forecast, by Product (2017-2030)

11.2.2.  Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.2.3.  Market Revenue and Forecast, by Functional Food (2017-2030)

11.2.4.  Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.2.5.  UK

11.2.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.5.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.2.5.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.2.5.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.2.6.  Germany

11.2.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.6.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.2.6.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.2.6.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.2.7.  France

11.2.7.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.7.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.2.7.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.2.7.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.2.8.  Rest of Europe

11.2.8.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.8.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.2.8.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.2.8.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.3.        APAC

11.3.1.  Market Revenue and Forecast, by Product (2017-2030)

11.3.2.  Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.3.3.  Market Revenue and Forecast, by Functional Food (2017-2030)

11.3.4.  Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.3.5.  India

11.3.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.5.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.3.5.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.3.5.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.3.6.  China

11.3.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.6.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.3.6.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.3.6.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.3.7.  Japan

11.3.7.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.7.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.3.7.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.3.7.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.3.8.  Rest of APAC

11.3.8.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.8.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.3.8.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.3.8.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.4.        MEA

11.4.1.  Market Revenue and Forecast, by Product (2017-2030)

11.4.2.  Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.4.3.  Market Revenue and Forecast, by Functional Food (2017-2030)

11.4.4.  Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.4.5.  GCC

11.4.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.5.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.4.5.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.4.5.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.4.6.  North Africa

11.4.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.6.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.4.6.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.4.6.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.4.7.  South Africa

11.4.7.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.7.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.4.7.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.4.7.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.4.8.  Rest of MEA

11.4.8.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.8.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.4.8.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.4.8.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.5.        Latin America

11.5.1.  Market Revenue and Forecast, by Product (2017-2030)

11.5.2.  Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.5.3.  Market Revenue and Forecast, by Functional Food (2017-2030)

11.5.4.  Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.5.5.  Brazil

11.5.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.5.5.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.5.5.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.5.5.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

11.5.6.  Rest of LATAM

11.5.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.5.6.2.      Market Revenue and Forecast, by Dietary Supplements (2017-2030)

11.5.6.3.      Market Revenue and Forecast, by Functional Food (2017-2030)

11.5.6.4.      Market Revenue and Forecast, by Functional Beverages (2017-2030)

Chapter 12.  Company Profiles

12.1.              Cargill, Inc.

12.1.1.  Company Overview

12.1.2.  Product Offerings

12.1.3.  Financial Performance

12.1.4.  Recent Initiatives

12.2.              Archer Daniels Midland Company

12.2.1.  Company Overview

12.2.2.  Product Offerings

12.2.3.  Financial Performance

12.2.4.  Recent Initiatives

12.3.              DuPont

12.3.1.  Company Overview

12.3.2.  Product Offerings

12.3.3.  Financial Performance

12.3.4.  Recent Initiatives

12.4.              Nestle S.A.

12.4.1.  Company Overview

12.4.2.  Product Offerings

12.4.3.  Financial Performance

12.4.4.  Recent Initiatives

12.5.              Danone

12.5.1.  Company Overview

12.5.2.  Product Offerings

12.5.3.  Financial Performance

12.5.4.  Recent Initiatives

12.6.              Royal DSM N.V.

12.6.1.  Company Overview

12.6.2.  Product Offerings

12.6.3.  Financial Performance

12.6.4.  Recent Initiatives

12.7.              General Mills

12.7.1.  Company Overview

12.7.2.  Product Offerings

12.7.3.  Financial Performance

12.7.4.  Recent Initiatives

12.8.              Innophos

12.8.1.  Company Overview

12.8.2.  Product Offerings

12.8.3.  Financial Performance

12.8.4.  Recent Initiatives

12.9.              WR Grace

12.9.1.  Company Overview

12.9.2.  Product Offerings

12.9.3.  Financial Performance

12.9.4.  Recent Initiatives

12.10.           Amway Corp.

12.10.1.               Company Overview

12.10.2.               Product Offerings

12.10.3.               Financial Performance

12.10.4.               Recent Initiatives

Chapter 13.  Research Methodology

13.1.              Primary Research

13.2.              Secondary Research

13.3.              Assumptions

Chapter 14.  Appendix

14.1.              About Us

Glossary of Terms

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