The global nutraceutical market should grow from $289.8 billion in 2021 to $438.9 billion by 2026, at a compound annual growth rate (CAGR) of 8.7% for the period of 2021-2026.
The functional beverages as a product of the nutraceutical market should grow from $104.3 billion in 2021 to $162.4 billion by 2026, at a CAGR of 9.3% for the period of 2021-2026.
The functional food as a product of the nutraceutical market should grow from $94.2 billion in 2021 to $144.9 billion by 2026, at a CAGR of 9.0% for the period of 2021-2026.
Report Scope
This report provides market insights into the global market for nutraceuticals, with specific focus on the U.S., Europe and India and the top ingredients in those countries. It provides an array of information including market size, expected growth rates, market drivers and restraints, as well as other trends and developments in the market. This market report organizes information from diverse sources into a cohesive unit that includes a comparison of premium versus mass functional products as well as the nutraceutical value chain and the evolution of functional FBS. Regulations are also covered in the scope of this report. The publisher analyzed key categories and regions to determine the present and future nutraceutical market status and forecasted market growth from 2021 to 2026.
The Report Includes
- 68 data tables and 51 additional tables
- A detailed overview of the global market for nutraceuticals
- Estimation of market size and analyses of global market trends, with data from 2020, estimates for 2021 and projections of compound annual growth rates (CAGRs) through 2026
- Highlights of the market potential for nutraceutical market based on key product segments (such as functional foods, functional beverages, and dietary supplements), ingredient, application, distribution channel, and region
- Information on recent developments, alliances, joint ventures, and mergers and acquisitions in the global nutraceutical market and discussion on regulatory, environmental, and legislative issues impacting the global market
- Coverage of international nutraceutical regulations; details of notification and registration-based systems for nutraceutical product such as Codex Alimentarius (food code), and FOSHU labelling regulation; and information on the international alliance of dietary food supplement associations
- Profiles of major market players and their core competencies in the nutraceutical market including Abbott Laboratories, Ajinomoto Co. Inc., BASF, Cargill Inc., Nestle, Omega Protein Corp. (OPC), Pharma Marine, Zymes
Table of Contents
Chapter 1 Introduction
- Market Definition
- Study Goals and Objectives
- Reasons for Doing This Study
- Scope of Report
- What's New in this Update
- Information Sources
- Intended Audience
- Methodology
- Geographic Breakdown
- Analysts' Credentials
- Custom Research
- Related Reports
Chapter 2 Summary and Highlights
- Nutraceutical Packaging Trends
- United States
- European Union
- China
- South America
- India
- Japan
Chapter 3 Overview of the Global Nutraceutical Industry
- Introduction
- Emerging Needs for Nutraceutical Products
- Nutraceutical Classification Based on Various Parameters
- Nutraceutical Industry Overview
- Research Needs of Nutraceutical Industry
- Rising Doubts about Benefits of Nutraceutical Products
- Market Strategies
- Increasingly Aging Populations
- Rising Healthcare Costs
- Consumer Inclination Towards Self-Medication
- Use of Modern Technologies for More Efficacy
- Presence of Fewer Contract Manufacturers in the Industry
- Key Players Investing in New Product Development
- Market Entry Requirements
- Use of Modern Technologies
Chapter 4 Market Drivers and Barriers
- Market Drivers for Functional Foods
- Consumer Concern for Well-Being
- Functional Food Acceptability
- Taste Drives the Functional Food Market
- Product Innovation
- Product Innovation and Health Claims
- Market Drivers for Key Players in the Market
- Barriers to Nutraceuticals
- Consumer Attitudes Toward Nutraceutical Products
- Finding Perfect Raw Ingredients
- Stiff Competition in the Market
- Stringent International Legislations
- Consumer Perception
Chapter 5 Market Dynamics
- Introduction
- Global Trends Shaping the Nutraceutical Market
- Future Consumers
- Holistic Care
- Information, Safety and Effectiveness
- Global Supply Chains
- Ripe For Innovation
- Supporting the Health and Wellness of Future Global Consumers
- Marketing and Business Strategies in the Global Nutraceutical Market
- Aging Population and Impact on Sales
- Product Pricing Affecting Market Revenue
Chapter 6 International Regulations for Nutraceutical Products
- Overview of International Nutraceutical Regulations
- North America
- Europe
- Asia-Pacific
- Notification and Registration-Based Systems for Nutraceutical Products
- Codex Alimentarius (Food Code)
- FOSHU Labeling Regulation
- International Alliance of Dietary Food Supplement Associations
- Notification-Based System
- Registration-Based System
- Notification and Registration-Based System Status in Various Regions
- International Regulation of Claims Pertaining to Nutraceuticals
- United States: Regulations for Nutraceutical Companies and Products
- Canada: Regulations for Nutraceutical Companies and Products
- E.U.: Regulations for Nutraceutical Companies and Products
- Russia: Regulations for Nutraceutical Companies and Products
- Asia-Pacific: Regulations for Nutraceutical Companies and Products
- Japan: Regulations for Nutraceutical Companies and Products
- Japan Labeling and Laws
- India: Regulations for Nutraceutical Companies and Products
- China: Regulations for Nutraceutical Companies and Products
- Africa: Regulations for Nutraceutical Companies and Products
- Australia and New Zealand: Regulations for Nutraceutical Companies and Products
Chapter 7 Market Breakdown by Product
- Introduction
- Functional Food
- Confectionery
- Bakery
- Snacks
- Non-Drinkable Dairy
- Meat
- Grain and Flour
- Frozen Fruits and Vegetables
- Other Functional Foods
- Functional Beverages
- Non-Carbonated Drinks
- Dairy Drinkable
- Frozen Juices
- Tea and Coffee
- Others Functional Beverages
- Dietary Supplements
Chapter 8 Market Breakdown by Ingredients
- Nutraceutical Ingredients for Food Applications
- Nutraceutical Ingredients for Beverage Application
- Nutraceutical Ingredients for Dietary Supplement Application
- Vitamins and Minerals
- Probiotics
- Fiber
- Whole Grains
- High-Fiber Food
- Beta-Glucan
- Omega-3
- Protein and Peptides
- Protein Types
- Soy Protein
- Whey
- Amino Acids
- Phytochemicals
- Plant Sterols
Chapter 9 Market Breakdown by Application
- Introduction
- Sports and Energy
- General Wellness
- Weight Management
- Functional Breakfast
- Satiety Products
- Heart Health
- GI and Digestive Health
- Beauty and Anti-Aging
- Type 2 Diabetes
- Memory and Mental Health
Chapter 10 Market Breakdown by Distribution Channel
- Introduction
- Supermarkets
- Pharmacies
- Retail Stores
- E-Commerce
- Direct Selling
Chapter 11 Market Breakdown by Region
- Introduction
- North America
- Nutraceutical Market by Country
- Market Estimation by Segment
- Europe
- Nutraceutical Market by Country
- Market Estimation by Segment
- Asia-Pacific
- Nutraceutical Market by Country
- Market Estimation by Segment
- Rest of the World
- Nutraceutical Market by Country
- Nutraceutical Market Estimation by Segment
Chapter 12 Market Analysis
- PESTLE Analysis
- SWOT Analysis of Nutraceutical Market
Chapter 13 Supply and Value Chain Analysis
- Role of Supply Chain in the Nutraceutical Industry
- Supply Chain Becoming Part of Nutraceutical Company Strategy
- Nutraceutical Industry: Supply Chain Strategy
- Distribution of Nutraceuticals and Functional Foods
- Nutraceutical Value Chain
- Nutraceutical Sales Channels
Chapter 14 Competitive Landscape
- Introduction
- Strategy by Type
- Nutraceutical Market Share
- Porter’s Five Forces: Global Nutraceutical Market
- Bargaining Powers of Buyers
- Bargaining Powers of Suppliers
- Threat of New Entrants
- Threat from Substitutes
- Market Competition
- Nutraceutical Contract Services
- Nutraceutical Analysis Services Companies
- Nutraceutical Distribution Companies
- Nutraceutical Food and Drink Companies
- Nutraceutical Ingredients Companies
- Nutraceutical Manufacturing Companies
- Nutraceutical Companies
- Organics and Naturals Nutraceutical Companies
Chapter 15 Company Profiles
- Introduction
- Abbott Laboratories Inc.
- Advanced Orthomolecular Research Inc.
- Ajinomoto Co. Inc.
- Arista Industries
- Archer Daniels Midland Co.
- BASF SE
- Baxter International Inc.
- Beneo-Orafti S.A.
- B. Braun Meisungen Ag
- Boehringer Ingelheim
- Cargill Inc.
- Cosucra Groupe Warcoing Sa.
- Croda International Plc
- Danisco Als
- Groupe Danone S.A.
- Hospira
- Inovobiologic Inc.
- Martek Biosciences Corp.
- Mead Johnson Nutritional Group
- Nanton Nutraceuticals Ltd.
- Nestle Nutrition
- Nordic Naturals
- Ocean Nutrition Canada Ltd.
- Omega Protein Corp.
- Pharma Marine As
- Qeva Velvet Products Corp.
- Zymes LLC
Chapter 16 International Nutraceutical Patents Analysis
- Nutraceutical Patent Publications Trend
- Patent Information
Chapter 17 Abbreviation
List of Tables
Summary Table: Global Nutraceutical Market, by Product, Through 2026
Table 1: Overview of Definitions and Regulations for Nutraceuticals Products
Table 2: Nutraceutical Industry Basics
Table 3: Overview of Nutraceutical Substances, Grouped by Food Source
Table 4: Overview of Foods with Relatively High Content of Specific Nutraceutical Substances
Table 5: Notification versus Registration Submissions for Foods, Supplements and Nutraceuticals
Table 6: Notification or Registration for Foods/Supplements, by Country
Table 7: Health Claim Category Set by Japan Health and Nutrition Food Association
Table 8: Herbal Medicine Regulation in Select African Countries
Table 9: Food Legislation in Australia and New Zealand
Table 10: Global Functional Food Market, by Product, Through 2026
Table 11: Global Functional Food Market, by Region, Through 2026
Table 12: Global Nutraceutical Confectionery Market, by Region, Through 2026
Table 13: Global Nutraceutical Bakery Market, by Region, Through 2026
Table 14: Global Nutraceutical Snacks Market, by Region, Through 2026
Table 15: Global Nutraceutical Dairy Non-Drinkable Market, by Region, Through 2026
Table 16: Global Nutraceutical Meat Market, by Region, Through 2026
Table 17: Global Nutraceutical Grain and Flour Market, by Region, Through 2026
Table 18: Global Nutraceutical Frozen Fruits and Vegetable Market, by Region, Through 2026
Table 19: Superfruits, by Content Analysis
Table 20: Global Other Nutraceutical Food Market, by Region, Through 2026
Table 21: Global Functional Beverages Market, by Product, Through 2026
Table 22: Global Functional Beverages Market, by Region, Through 2026
Table 23: Global Nutraceutical Non-Carbonated Drinks Market Share, by Region, Through 2026
Table 24: Global Nutraceutical Dairy Drinkable Market, by Region, Through 2026
Table 25: Global Nutraceutical Fruits and Vegetables Juice Market, by Region, Through 2026
Table 26: Global Nutraceutical Tea and Coffee Market, by Region, Through 2026
Table 27: Global Other Nutraceutical Beverage Market, by Region, Through 2026
Table 28: Global Dietary Supplement Market, by Product, Through 2026
Table 29: Global Nutraceutical Dietary Supplement Market, by Region, Through 2026
Table 30: Terpenes: Ingredients and Health Claims
Table 31: Phenols: Ingredients and Health Claims
Table 32: Fatty Acid and Lipid: Ingredients and Health Claims
Table 33: Sugar and Carbohydrates: Ingredients and Health Claims
Table 34: Fermentation Microorganisms: Ingredients and Health Claims
Table 35: Amino Acids and Proteins: Ingredients and Health Claim
Table 36: Others: Ingredients and Health Claims
Table 37: Global Nutraceutical Ingredients Market, by Ingredient, Through 2026
Table 38: Global Nutraceutical Food Market, by Ingredient, Through 2026
Table 39: Global Nutraceutical Beverage Market, by Ingredient, Through 2026
Table 40: Global Nutraceutical Supplement Market, by Ingredient, Through 2026
Table 41: Global Nutraceutical Vitamins and Minerals Market, by Region, Through 2026
Table 42: Global Nutraceutical Probiotics Market, by Region, Through 2026
Table 43: Dietary Fiber: Ingredients and Health Claims
Table 44: Global Nutraceutical Fiber Market, by Region, Through 2026
Table 45: Global Nutraceutical Omega-3 Market, by Region, Through 2026
Table 46: Global Nutraceutical Protein and Peptide Market, by Region, Through 2026
Table 47: Global Nutraceutical Phytochemical Market, by Region, Through 2026
Table 48: Global Nutraceutical Market, by Application, Through 2026
Table 49: Global Nutraceutical Sports and Energy Market, by Region, Through 2026
Table 50: Global Nutraceutical General Wellness Market, by Region, Through 2026
Table 51: Global Nutraceutical Weight Management Market, by Region, Through 2026
Table 52: Global Nutraceutical Heart Health Market, by Region, Through 2026
Table 53: Global Nutraceutical GI and Digestive Health Market, by Region, Through 2026
Table 54: Global Nutraceutical Beauty and Aging Market, by Region, Through 2026
Table 55: Global Nutraceutical Type 2 Diabetes Market, by Region, Through 2026
Table 56: Global Nutraceutical Memory and Mental Health Market, by Region, Through 2026
Table 57: Global Nutraceutical Market, by Distribution Channel, Through 2026
Table 58: Global Nutraceutical Super Mart Market, by Region, Through 2026
Table 59: Global Nutraceutical Pharmacy Market, by Region, Through 2026
Table 60: Global Nutraceutical Retail Store Market, by Region, Through 2026
Table 61: Global Nutraceutical E-Commerce Market, by Region, Through 2026
Table 62: Global Nutraceutical Direct Selling Market, by Region, Through 2026
Table 63: Global Nutraceutical Market, by Region, Through 2026
Table 64: North American Nutraceutical Market, by Country, Through 2026
Table 65: North American Nutraceutical Market, by Product, Through 2026
Table 66: North American Functional Food Market, by Product, Through 2026
Table 67: North American Functional Beverages Market, by Product, Through 2026
Table 68: North American Nutraceutical Market, by Application, Through 2026
Table 69: North American Nutraceutical Market, by Distribution Channel, Through 2026
Table 70: European Nutraceutical Market, by Country, Through 2026
Table 71: European Nutraceutical Market, by Product, Through 2026
Table 72: European Functional Food Market, by Product, Through 2026
Table 73: European Functional Beverages Market, by Product, Through 2026
Table 74: European Nutraceutical Market, by Application, Through 2026
Table 75: European Nutraceutical Market, by Distribution Channel, Through 2026
Table 76: Asia-Pacific Nutraceutical Market, by Country, Through 2026
Table 77: Asia-Pacific Nutraceutical Market, by Product, Through 2026
Table 78: Asia-Pacific Functional Food Market, by Product, Through 2026
Table 79: Asia-Pacific Functional Beverages Market, by Product, Through 2026
Table 80: Asia-Pacific Nutraceutical Market, by Application, Through 2026
Table 81: Asia-Pacific Nutraceutical Market, by Distribution Channel, Through 2026
Table 82: Rest of the World Nutraceutical Market, by Country, Through 2026
Table 83: Rest of the World Nutraceutical Market, by Product, Through 2026
Table 84: Rest of the World Functional Food Market, by Product, Through 2026
Table 85: Rest of the World Functional Beverage Market, by Product, Through 2026
Table 86: Rest of the World Nutraceutical Market, by Application, Through 2026
Table 87: Rest of the World Nutraceutical Market, by Distribution Channel, Through 2026
Table 88: Pestle Analysis for Nutraceuticals
Table 89: Different Participants in Nutraceutical Distribution Network
Table 90: Nutraceutical Value Chain: Description
Table 91: List of Companies in Nutraceutical Contract Services
Table 92: List of Nutraceutical Analysis Services Companies
Table 93: List of Nutraceutical Distribution Services Companies
Table 94: List of Nutraceutical Food and Drink Companies
Table 95: List of Nutraceutical Ingredient Companies
Table 96: List of Nutraceutical Manufacturing Companies
Table 97: List of Nutraceutical Companies
Table 98: List of Organics and Naturals Nutraceutical-Providing Companies
Table 99: Abbott Laboratories: Product Offerings
Table 100: Advanced Orthomolecular Research Inc.: Product Offerings
Table 101: Ajinomoto Co. Inc.: Product Offering
Table 102: Arista Industries: Company Product Offerings
Table 103: Archer Daniels Midland: Product Offering
Table 104: BASF SE: Product Offering
Table 105: Beneo-Orafti S.A.: Product Offering
Table 106: Cargill Inc.: Product Offering
Table 107: Cosucra Groupe Warcoing S.A.: Product Offering
Table 108: Croda International: Product Offerings
Table 109: DuPont: Product Offering
Table 110: Groupe Danone S.A.: Product Offerings
Table 111: InovoBiologic, Inc.: Product Offerings
Table 112: Royal DSM N.V.: Product Offering
Table 113: Mead Johnson Nutrition Co.: Product Offering
Table 114: Nestle: Product Offerings
Table 115: Nordic Naturals: Product Offerings
Table 116: Omega Protein Corp.: Product Offering
Table 117: Qeva Velvet Products Corp.: Product Offering
Table 118: Abbreviations Used in Nutraceuticals
List of Figures
Summary Figure: Global Nutraceutical Market, by Region, 2020-2026
Figure 1: Nutraceutical Ingredients for Specific Healthcare Applications
Figure 2: Classifying Nutraceutical Factors Based on Chemical Nature
Figure 3: Grouping Medical Foods into Nutraceutical Category
Figure 4: Factors Influencing Demand of Nutraceutical Products
Figure 5: Nutraceutical Industry Drivers
Figure 6: Product Development Strategies in the Nutraceutical Market
Figure 7: Market Expansion Strategies in the Nutraceutical Market
Figure 8: Key Responsibilities of the Commission for Nutrition and Foods for Special Dietary Uses (CNFSDU)
Figure 9: Major Activities of the International Alliance of Dietary Food Supplement Associations (IADSA)
Figure 10: Global Functional Food Market Share, by Product, 2020
Figure 11: Global Functional Food Market Share, by Region, 2020
Figure 12: Global Nutraceutical Confectionery Market Share, by Region, 2020
Figure 13: Global Nutraceutical Bakery Market Share, by Region, 2020
Figure 14: Global Nutraceutical Snacks Market Share, by Region, 2020
Figure 15: Global Nutraceutical Dairy Non-Drinkable Market Share, by Region, 2020
Figure 16: Global Nutraceutical Meat Market Share, by Region, 2020
Figure 17: Global Nutraceutical Grain and Flour Market Share, by Region, 2020
Figure 18: Global Nutraceutical Frozen Fruits and Vegetables Market Share, by Region, 2020
Figure 19: Global Other Nutraceutical Market Share, by Region, 2020
Figure 20: Global Functional Beverages Market Share, by Product, 2020
Figure 21: Global Functional Beverage Market Share, by Region, 2020
Figure 22: Global Nutraceutical Non-Carbonated Drinks Market Share, by Region, 2020
Figure 23: Global Nutraceutical Dairy Drinkable Market Share, by Region, 2020
Figure 24: Global Nutraceutical Fruits and Vegetables Juice Market Share, by Region, 2020
Figure 25: Global Nutraceutical Tea and Coffee Market Share, by Region, 2020
Figure 26: Global Nutraceutical Market Share, by Region, 2020
Figure 27: Global Dietary Supplement Market Share, by Product, 2020
Figure 28: Global Nutraceutical Market Share, by Region, 2020
Figure 29: Global Nutraceutical Ingredients Market Share, by Ingredient, 2020
Figure 30: Global Nutraceutical Food Market Share, by Ingredient, 2020
Figure 31: Global Nutraceutical Beverage Market Share, by Ingredient, 2020
Figure 32: Global Nutraceutical Supplement Market Share, by Ingredient, 2020
Figure 33: Global Nutraceutical Vitamins and Minerals Market Share, by Region, 2020
Figure 34: Global Nutraceutical Probiotics Market Share, by Region, 2020
Figure 35: Global Nutraceutical Fiber Market Share, by Region, 2020
Figure 36: Global Nutraceutical Omega-3 Market Share, by Region, 2020
Figure 37: Global Nutraceutical Protein and Peptide Market Share, by Region, 2020
Figure 38: Global Nutraceutical Phytochemical Market Share, by Region, 2020
Figure 39: Global Nutraceutical Market Share, by Application, 2020
Figure 40: Global Nutraceutical Sports and Energy Market Share, by Region, 2020
Figure 41: Global Nutraceutical General Wellness Market Share, by Region, 2020
Figure 42: Global Nutraceutical Weight Management Market Share, by Region, 2020
Figure 43: Global Nutraceutical Heart Health Market Share, by Region, 2020
Figure 44: Global Nutraceutical GI and Digestive Health Market Share, by Region, 2020
Figure 45: Global Nutraceutical Beauty and Aging Market Share, by Region, 2020
Figure 46: Global Nutraceutical Type 2 Diabetes Market Share, by Region, 2020
Figure 47: Global Nutraceutical Memory and Mental Health Market Share, by Region, 2020
Figure 48: Global Nutraceutical Market Share, by Distribution Channel, 2020
Figure 49: Global Nutraceutical Super Mart Market Share, by Region, 2020
Figure 50: Global Nutraceutical Pharmacy Market Share, by Region, 2020
Figure 51: Global Nutraceutical Retail Store Market Share, by Region, 2020
Figure 52: Global Nutraceutical E-Commerce Market Share, by Region, 2020
Figure 53: Global Nutraceutical Direct Selling Market Share, by Region, 2020
Figure 54: Global Nutraceutical Market Share, by Region, 2020
Figure 55: North American Nutraceutical Market Share, by Country, 2020
Figure 56: North American Nutraceutical Market Share, by Product, 2020
Figure 57: North American Functional Food Market Share, by Product, 2020
Figure 58: North American Functional Beverages Market Share, by Product, by Region, 2020
Figure 59: North American Nutraceutical Market, by Application, by Region, 2020
Figure 60: North American Nutraceutical Market, by Application, by Region, 2020
Figure 61: European Nutraceutical Market Share, by Country, 2020
Figure 62: European Nutraceutical Market Share, by Product, 2020
Figure 63: European Functional Food Market Share, by Product, by Region, 2020
Figure 64: European Functional Beverages Market Share, by Product, by Region, 2020
Figure 65: European Nutraceutical Market Share, by Application, by Region, 2020
Figure 66: European Nutraceutical Market Share, by Distribution Channel, by Region, 2020
Figure 67: Asia-Pacific Nutraceutical Market Share, by Country, by Region, 2020
Figure 68: Asia-Pacific Nutraceutical Market Share, by Product, 2020
Figure 69: Asia-Pacific Functional Food Market Share, by Product, 2020
Figure 70: Asia-Pacific Functional Beverages Market Share, by Product, 2020
Figure 71: Asia-Pacific Nutraceutical Market Share, by Application, 2020
Figure 72: Asia-Pacific Nutraceutical Market Share, by Distribution Channel, 2020
Figure 73: Rest of the World Nutraceutical Market Share, by Country, 2020
Figure 74: Rest of the World Nutraceutical Market Share, by Product, 2020
Figure 75: Rest of the World Functional Food Market, by Product, 2020
Figure 76: Rest of the World Functional Beverage Market, by Product, 2020
Figure 77: Rest of the World Nutraceutical Market, by Application, 2020
Figure 78: Rest of the World Nutraceutical Market, by Distribution Channel, 2020
Figure 79: Overview of Nutraceutical Product Positioning in the Market
Figure 80: Nutraceutical Market SWOT Analysis: Strengths
Figure 81: Nutraceutical Market SWOT Analysis: Weaknesses
Figure 82: Nutraceutical Market SWOT Analysis: Threat
Figure 83: Nutraceutical Market SWOT Analysis: Opportunities
Figure 84: Distribution of Vitamins and Supplements
Figure 85: Nutraceutical Value Chain: Overview
Figure 86: Global Nutraceutical Market Share, by Key Players, 2020
Figure 87: Porter’s Five Forces: Global Nutraceutical Market
Figure 88: Bargaining Powers of Buyers: Key Findings
Figure 89: Nutraceutical Market: Bargaining Power of Buyers
Figure 90: Bargaining Powers of Suppliers: Key Findings
Figure 91: Nutraceutical Market: Bargaining Power of Suppliers
Figure 92: Threat of New Entrants: Key Findings
Figure 93: Nutraceuticals Market: Threat of New Entrants
Figure 94: Threat from Substitutes: Key Findings
Figure 95: Nutraceutical Market: Threat from Substitutes
Figure 96: Market Competition: Key Findings
Figure 97: Nutraceutical Market: Market Competition
Figure 98: Trend in Nutraceutical International Patent Publication
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Executive Summary
The global nutraceutical market has expanded rapidly in recent years, and this trend is projected to continue. Rising health concerns, an aging population and rising per capita income in developing nations such as China, India and Brazil are driving the industry. The worldwide nutraceutical market is confronted with a number of obstacles, including high nutraceutical product pricing and a lack of awareness regarding nutraceuticals. There are numerous potential chances to enter the global nutraceutical business due to its exponential growth. There is also room for contract makers of nutraceutical products to optimize product manufacturing and delivery time. Furthermore, increased industry regulation globally, new product launches, and an increase in acquisitions are boosting global nutraceutical market growth.
Reasons for Doing This Study:
World Health Organization statistics for global levels of obesity and its related diseases are cause for concern. It is projected that cardiovascular disease (CVD), high blood pressure (HBP), high cholesterol and obesity will see significant growth in the years to come. Cholesterol reduction, CVD and osteoporosis are the most attractive targets for nutraceuticals, followed by child development, high blood pressure (HBP), diabetes, gastrointestinal (GI) disorders, menopause and lactose intolerance. There is a noticeable increase in health concerns, improved government support through various subsidies, an increase in aging populations and growing per capita income in developing countries, all of which are driving the demand for nutraceuticals. Currently, individuals are highly likely to self-medicate through nutraceuticals, functional foods, organic foods and botanicals, and over-the-counter (OTC) drugs. There is a lot of skepticism regarding big pharma, and people are turning to more natural ways to heal and prevent disease.
Increasing consumer demand for nutraceutical products is also helping market players to position themselves globally by launching a variety of new and innovative products. Currently, changes due to technology and innovation allow manufacturers to produce nutraceuticals and functional foods targeted for both specific and general health issues. Regulatory authorities in different countries are taking the initiative to set standards and regulations for the promotion of safe and healthy nutraceuticals. This report is designed to cover aspects of nutraceutical types, demand trends and market opportunities. It also examines the overall global nutraceutical market and the market penetration of nutraceuticals in different regions and countries.
Companies Mentioned
- Abbott Laboratories Inc.
- Advanced Orthomolecular Research Inc.
- Ajinomoto Co. Inc.
- Archer Daniels Midland Co.
- Arista Industries
- B. Braun Meisungen Ag
- BASF SE
- Baxter International Inc.
- Beneo-Orafti S.A.
- Boehringer Ingelheim
- Cargill Inc.
- Cosucra Groupe Warcoing Sa.
- Croda International Plc
- Danisco Als
- Groupe Danone S.A.
- Hospira
- Inovobiologic Inc.
- Martek Biosciences Corp.
- Mead Johnson Nutritional Group
- Nanton Nutraceuticals Ltd.
- Nestle Nutrition
- Nordic Naturals
- Ocean Nutrition Canada Ltd.
- Omega Protein Corp.
- Pharma Marine AS
- Qeva Velvet Products Corp.
- Zymes LLC
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 256 |
| Published | November 2021 |
| Forecast Period | 2021 - 2026 |
| Estimated Market Value ( USD | $ 289.8 Billion |
| Forecasted Market Value ( USD | $ 438.9 Billion |
| Compound Annual Growth Rate | 8.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 27 |
