Dietary Supplements

Nutraceuticals Market Revenue to Hit US$ 314.2 Billion by 2030 The nutraceuticals market is expected to exhibit a CAGR of 7.1% from 2021 to 2030 and is projected to reach US$ 314.2 Billion by 2030, according to a 2021 study by Precedence Research, the Canada based market insight company.

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The report contains 150+ pages with detailed analysis. The study provides the overall revenue of the global nutraceuticals market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global nutraceuticals market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the nutraceuticals industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Nutraceuticals refers to the specific food products which offer various health benefits along with the base nutritious values of the food products. Nutraceuticals are gaining huge attraction in the recent years as it helps to prevent numbers of diseases. Growth in the awareness among the individuals across the globe is fuelling demand for the nutraceuticals. Major components of the nutraceuticals include dietary supplements and functional food as well as beverages. Nutraceuticals is an approach to prevent the diseases. Also, outbreak of COVID-19 can have positive impact on the demand as well as supply of the nutraceuticals, as the increasing need to propel the immunity in the young as well as old age population is creating huge demand for the dietary supplements and various functional foods across the world.

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What are the growth factors of nutraceuticals market?

Nutraceuticals industry is growing at the significant pace owing to increasing demand for the functional food or fortified food among the global population. Addition to this, government and the regulatory bodies in the global market are continuously focusing and embossing the regulatory mandates for the food fortification which can have a positive impact on the growth of the global nutraceuticals market over the forecast period of time. Further, the health consciousness among the global population is increasing continuously owing to outbreak of COVID-19 worldwide. Hence, the global population is focusing on increasing immunity by consuming fortified food products which is in tern boosting growth of the target industry. Growth in prevalence of the chronic diseases is among important factors anticipated to augment growth of the global market over the forecast period 2021-2030.

For instance, according to the data published by World Health Organization, percentage of the patients suffering from the chronic condition high blood pressure has been increased from 43% in 2006 to 49% in year 2016. However, high costs associated with the fortification of the food are among major factors expected to limit the industrial growth of the target market. Nevertheless, growth in the demand and adoption of pet fortified food is an important factor that can create potential opportunities for the main companies in the global market. Along with this emerging application of the nutraceuticals will support revenue growth of the target market in the next 10 years. Ongoing technological as well as product-based improvisations are creating huge role in the development of the global nutraceuticals market. Most of the companies are focusing on strategic development which is boosting the growth of the target market.

Report Coverage:

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)
Companies Mentioned 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.

Report Highlights:

  • Among the nutraceuticals type segment, dietary supplements segment is dominated the overall market. The growth is attributed to increasing awareness regarding health and growing healthcare expenditure across the globe.
  • Among the form, tablets & softgels segment was expected to register maximum share during the forecast period of time 2021-2030, owing to increasing adoption of the tablets & softgels nutraceuticals food across the globe.
  • Archer Daniels Midland Company accounted for a significant share of the global nutraceuticals market.

Regional Analysis:

The research report deals with the industry prospects of nutraceuticals products around regions including Europe, North America, Latin America, Asia-Pacific, and Middle East and Africa. North America will dominate the global industry due to rising demand for fortified food and stringent government regulations in the U.S. and Canada of the North America. Presence of leading players in the region along with strategies that are implemented by the major players in the countries of North America is expected to witness substantial growth in the target industry in the near future. Asia Pacific is likely to list the noteworthy CAGR, on account of rising awareness about the usage of nutraceuticals in emerging economies. Also, most of the key players operating in the industry are investing heavily in order to get the competitive edge in the nutraceuticals market in Asia Pacific. Further, due to coronavirus spread, European population is aiming towards booming their immunity and demanding huge amounts of nutraceuticals products which is creating potential growth opportunities for the European companies and fuelling global market.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global nutraceuticals market are as follows:

  • 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)

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global nutraceuticals market. It examines trends and factors influencing demand for nutraceuticals globally and gauges the impact of the same on the production.

Pricing Analysis – The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for nutraceuticals across the world.

Competitive Analysis – Some of the leading market players are profiled in the report on nutraceuticals. The report offers an estimation of share individually help by the market players and determines the impact of some of their popular strategies.

COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global nutraceuticals market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for nutraceuticals are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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

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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.

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