Press Releases

Nutraceuticals Market Report 2021-2030 | Potential Opportunity Is Opening in the Coming Years

Share This Article

Canada – The nutraceuticals market size is forecasted to reach around US$ 314.2 billion by 2030 and will grow with a CAGR of 7.1% from 2021 to 2030. The report contains 150+ pages with detailed analysis

Due to growing consumer demand for nutraceutical products such as probiotics, prebiotics, and vitamins, the global market for nutraceutical ingredients is expected to rise at a significant pace. The ingredients of nutraceuticals are derived from animals, plants, microbials and help provide food products with additional nutritional value. They are gluten-free and do not contain artificial colors and flavors, which makes them a healthy alternative to conventional products.

Growth Factors

Nutraceutical is a material that adds nutritional value to the diet, known as a meal or part of a meal. It is also classified as a functional food that contains standardised and pharmaceutical-grade nutrients. The item functions by diet & works to prevent diseases as a source of nutritional supplement to the body. Rising chronic disease penetration will fuel the demand for nutraceutical ingredients. Key properties can help product penetration, including prevention of heart artery hardening and cholesterol, blood clotting & inflammation reduction. Consumer demand will be driven by increasing concern about longer life spans and future application reach in the animal nutrition and food & beverage industry.

Market growth is driven by factors such as the growth in demand for fortified foods due to a rising knowledge of health among consumers. Growing incidences of chronic diseases globally and mandates for food fortification by government organisations are key drivers for the growth of the industry. Different producers of nutraceutical ingredients are increasingly embracing personalised healthcare innovations to formulate better-suited and tailored end products for customers. Increasingly, consumer product businesses are now gathering data to allow a proper analysis of buying habits and lifestyle and provide customers with personalised choices in line with their buying trends.

The global nutraceutical ingredients market has been driven by growth in life expectancy & health awareness among customers and increased applications of nutraceutical ingredients. The high costs involved in R&D activities, on the other hand, could impede market growth at a global level.

Report Scope of the Nutraceuticals Market

Report Highlights Details
Market Size US$ 314.2 Billion by 2030
Growth Rate CAGR of 7.1% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Type, Form
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

COVID-19 Impact:

The industrial report mentions the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The nutraceuticals report proficiently explains the resulting factors and concerns of manufacturers. Researchers have also well-explained how the producers and providers will tackle the ongoing epidemic and the key strategies to be adopted post-pandemic for turning their businesses back to normal.

Regional Snapshots

North America is prominent revenue contributor to the global nutraceutical Ingredients industry because of significant demand for healthy food among customers. Owing to rise in anti-aging properties, the rising demand for nutraceutical products has led North America to become a prominent region in the industry. Due to the involvement of major pharmaceuticals and food & beverage producers, the Asia Pacific has seen substantial growth in the past few years. Growing consumer spending on health and wellness goods is likely to be a key factor driving the growth of industry in economies such as the Middle East & Africa and Asia Pacific due to changing lifestyles and increasing disposable income.

Key Players:

The nutraceuticals market is consolidated with a major number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research.

Some of the prominent players in the nutraceuticals market include:

  • Archer Daniels Midland Company
  • General Mills, Inc.
  • I. du Pont de Nemours and Company
  • Aland (Jiangsu) Nutraceutical Co., Ltd.
  • BASF SE
  • Cargill, Incorporated
  • Royal DSM N.V.
  • Groupe Danone S.A.
  • Nestle S.A.
  • PepsiCo Inc.

Market Segmentation

By Type

  • Dietary Supplements
    • Proteins & Peptides
    • Vitamins & Minerals
    • Herbals (Ayurveda Extracts, Plant Extracts, Algal Extracts, Phytochemicals)
    • Others (Fatty Acids and Fiber)
  • Functional Beverages
    • Fruit & Vegetable Juices and Drinks
    • Dairy & Dairy Alternative Drinks
    • Noncarbonated Drinks (Bottled Water, Tea, and Coffee)
    • Other (Herbal Tea, Sports Drinks, and Energy Drinks)
  • Functional Food
    • Probiotics Fortified Food
    • Omega Fatty Acid Fortified Food
    • Branded Ionized Salt
    • Branded Wheat Flour Market
    • Other Functional Food
  • Personal Care

By Form

  • Capsules
  • Liquid & Gummies
  • Tablets & Soft Gels
  • Powder
  • Others

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

TABLE OF CONTENT

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. Nutraceuticals Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Nutraceuticals Market

5.1. Covid-19: Nutraceuticals Industry Impact
5.2. Nutraceuticals Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Nutraceuticals Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Nutraceuticals Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Nutraceuticals Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increased adoption of fortified food owing to the growing health consciousness amongst consumers
6.1.1.2. Increasing incidences of chronic diseases
6.1.1.3. Strict government regulations on food fortification
6.1.2. Market Restraints
6.1.2.1. High cost associated with the fortified products
6.1.3. Market Opportunities
6.1.3.1. Technological advancements

Chapter 7. Global Nutraceuticals Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. NutraceuticalsMarket Revenue by Market Players (2017 – 2020)
7.1.1.2. Nutraceuticals Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Process Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Nutraceuticals Market, By Type

8.1. Nutraceuticals Market, by Type, 2017-2030
8.1.1. Dietary Supplements
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.1.2. Proteins & Peptides
8.1.1.3. Market Revenue and Forecast (2017-2030)
8.1.1.4. Vitamins & Minerals
8.1.1.5. Market Revenue and Forecast (2017-2030)
8.1.1.6. Herbals (Ayurveda Extracts, Plant Extracts, Algal Extracts, Phytochemicals)
8.1.1.7. Market Revenue and Forecast (2017-2030)
8.1.1.8. Others (Fatty Acids and Fiber).
8.1.1.9. Market Revenue and Forecast (2017-2030)
8.1.2. Functional Beverages
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.2.2. Fruit & Vegetable Juices and Drinks
8.1.2.3. Market Revenue and Forecast (2017-2030)
8.1.2.4. Dairy & Dairy Alternative Drinks
8.1.2.5. Market Revenue and Forecast (2017-2030)
8.1.2.6. Noncarbonated Drinks (Bottled Water, Tea, and Coffee)
8.1.2.7. Market Revenue and Forecast (2017-2030)
8.1.2.8. Other (Herbal Tea, Sports Drinks, and Energy Drinks)
8.1.2.9. Market Revenue and Forecast (2017-2030)
8.1.3. Functional Food
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.3.2. Probiotics Fortified Food
8.1.3.3. Market Revenue and Forecast (2017-2030)
8.1.3.4. Omega Fatty Acid Fortified Food
8.1.3.5. Market Revenue and Forecast (2017-2030)
8.1.3.6. Branded Ionized Salt
8.1.3.7. Market Revenue and Forecast (2017-2030)
8.1.3.8. Branded Wheat Flour Market
8.1.3.9. Market Revenue and Forecast (2017-2030)
8.1.3.10. Other Functional Food
8.1.3.11. Market Revenue and Forecast (2017-2030)
8.1.4. Personal Care
8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Nutraceuticals Market, By Form

9.1. Nutraceuticals Market, by Form, 2017-2030
9.1.1. Capsules
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Liquid & Gummies
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Tablets &Softgels
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Powder
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Nutraceuticals Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue Forecast by Type(2017-2030)
10.1.2. Market Revenue Forecast by Form (2017-2030)
10.1.3. U.S
10.1.3.1. Market Revenue Forecast (2017-2030)
10.1.4. Canada
10.1.4.1. Market Revenue Forecast (2017-2030)
10.2. Europe
10.2.1. Market Revenue Forecast by Type (2017-2030)
10.2.2. Market Revenue Forecast by Form (2017-2030)
10.2.3. UK
10.2.3.1. Market Revenue Forecast (2017-2030)
10.2.4. Germany
10.2.4.1. Market Revenue Forecast (2017-2030)
10.2.5. France
10.2.5.1. Market Revenue Forecast (2017-2030)
10.2.6. Rest of EU
10.2.6.1. Market Revenue Forecast (2017-2030)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue Forecast by Type (2017-2030)
10.3.2. Market Revenue Forecast by Form (2017-2030)
10.3.3. China
10.3.3.1. Market Revenue Forecast (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue Forecast (2017-2030)
10.3.5. Japan
10.3.5.1. Market Revenue Forecast (2017-2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue Forecast (2017-2030)
10.4. LATAM
10.4.1. Market Revenue Forecast by Type (2017-2030)
10.4.2. Market Revenue Forecast by Form (2017-2030)
10.4.3. Brazil
10.4.3.1. Market Revenue Forecast (2017-2030)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue Forecast (2017-2030)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue Forecast by Type (2017-2030)
10.5.2. Market Revenue Forecast by Form (2017-2030)
10.5.3. GCC
10.5.3.1. Market Revenue Forecast (2017-2030)
10.5.4. North Africa
10.5.4.1. Market Revenue Forecast (2017-2030)
10.5.5. South Africa
10.5.5.1. Market Revenue Forecast (2017-2030)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue Forecast (2017-2030)

Chapter 11. Company Profiles

11.1. Archer Daniels Midland Company
11.1.1. Company Overview, Business Information, Regional Presence
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Product Type
11.1.3. Revenue, Price, and Gross Margin (2017-2020)
11.1.4. Recent Developments and Strategies
11.2. General Mills, Inc.
11.2.1. Company Overview, Business Information, Regional Presence
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Product Type
11.2.3. Revenue, Price, and Gross Margin (2017-2020)
11.2.4. Recent Developments and Strategies
11.3. E. I. du Pont de Nemours and Company
11.3.1. Company Overview, Business Information, Regional Presence
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Product Type
11.3.3. Revenue, Price, and Gross Margin (2017-2020)
11.3.4. Recent Developments and Strategies
11.4. Aland (Jiangsu) Nutraceutical Co., Ltd.
11.4.1. Company Overview, Business Information, Regional Presence
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Product Type
11.4.3. Revenue, Price, and Gross Margin (2017-2020)
11.4.4. Recent Developments and Strategies
11.5. BASF SE
11.5.1. Company Overview, Business Information, Regional Presence
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Product Type
11.5.3. Revenue, Price, and Gross Margin (2017-2020)
11.5.4. Recent Developments and Strategies
11.6. Cargill, Incorporated
11.6.1. Company Overview, Business Information, Regional Presence
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Product Type
11.6.3. Revenue, Price, and Gross Margin (2017-2020)
11.6.4. Recent Developments and Strategies
11.7. Royal DSM N.V.
11.7.1. Company Overview, Business Information, Regional Presence
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Product Type
11.7.3. Revenue, Price, and Gross Margin (2017-2020)
11.7.4. Recent Developments and Strategies
11.8. Groupe Danone S.A.
11.8.1. Company Overview, Business Information, Regional Presence
11.8.2. Product Portfolio Analysis
11.8.2.1. Product Details, Specification, Product Type
11.8.3. Revenue, Price, and Gross Margin (2017-2020)
11.8.4. Recent Developments and Strategies
11.9. Nestle S.A.
11.9.1. Company Overview, Business Information, Regional Presence
11.9.2. Product Portfolio Analysis
11.9.2.1. Product Details, Specification, Product Type
11.9.3. Revenue, Price, and Gross Margin (2017-2020)
11.9.4. Recent Developments and Strategies
11.10. PepsiCo Inc.
11.10.1. Company Overview, Business Information, Regional Presence
11.10.2. Product Portfolio Analysis
11.10.2.1. Product Details, Specification, Product Type
11.10.3. Revenue, Price, and Gross Margin (2017-2020)
11.10.4. Recent Developments and Strategies

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

Contact Us:         

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

Related Articles

Back to top button