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Global Nutraceuticals Market Size, Share & Trends Analysis Report by Product (Dietary Supplements, Functional Foods, Functional Beverages), Ingredient, Application, Region, and Segment Forecasts, 2024-2030

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    Report

  • 220 Pages
  • January 2024
  • Region: Global
  • Grand View Research
  • ID: 4452005
The global nutraceuticals market is projected to reach USD 599.71 billion by 2030. The market is anticipated to grow at a CAGR of 9.6% from 2024 to 2030. Rising awareness regarding calorie reduction and weight loss in the major markets including the U.S., China, and India is expected to promote the application of the health and wellness segment and thus, in turn, will have a substantial impact on the industry.

Nutraceuticals are products that provide health advantages and additional nutrition to the human body. It comprises fortified nutrients, such as taurine, CoQ10, omega-3, calcium, zinc, and antioxidants, that develop the complete health of consumers. These nutrients further benefit in averting medical conditions such as hypertension, diabetes, heart diseases, and allergies. As nutraceuticals develop the digestive and immune systems and enhance the cognitive behavior of consumers, their demand is witnessing a surge at the global level.

The increasing 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 the costs of pharmaceuticals is 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.

A rise in disposable income, increasing consumer awareness concerning health issues, and rapid urbanization are likely to boost the market growth over the forecast years. A positive outlook towards medical nutrition owing to the high prevalence of weight management programs, along with cardiovascular diseases, is anticipated to propel the product demand.

The rise and evolution of wellness-focused diets such as keto and paleo are driving food producers to cater their products in this direction. Functional food products such as probiotics and omega-3 are highly used in yogurt and fish oils to reduce the risk of cardiovascular diseases and develop the quality of intestinal microflora, which is further projected to fuel the growth of the functional food segment over the coming years.

Nutraceuticals Market Report Highlights

  • Based on ingredient, in 2023, probiotics held a dominant position in the market; with a share of 27.7% owing to the majority of food manufacturing companies using probiotics as a primary ingredient to provide better nourishment and reduce health problems caused by harmful bacteria
  • The vitamins segment captured a significant market share in 2023. The segment is expected to witness significant growth in the coming years
  • In terms of product, the functional foods segment dominated the market with a revenue share of 37.65% in 2023. Rising healthcare costs, coupled with the increasing geriatric population across the world, are anticipated to assist the segment growth over the forecast period
  • North America held the largest revenue share of over 34.90% in 2023. The growing health concerns amongst consumers and increasing awareness regarding nutraceuticals are likely to be the major drivers of the North America market.
  • The market represents a highly competitive landscape. Key market players dominate the market space and have been focusing on various strategic initiatives including mergers & acquisitions, product innovation, and portfolio expansion


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Table of Contents

Chapter 1 Nutraceuticals Market: Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Research Methodology
1.3 Assumptions
1.4 Information Procurement
1.4.1 Purchased Database
1.4.2 Internal Database
1.4.3 Secondary Sources
1.4.4 Third Party Perspective
1.4.5 Primary Research
1.5 Information Analysis & Data Analysis Models
1.6 List Of Data Sources
Chapter 2 Nutraceuticals Market: Executive Summary
2.1 Market Snapshot
2.2 Segmental Insights
2.3 Competitive Insights
Chapter 3 Nutraceuticals Market: Industry Outlook
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.1.2 Related Market Outlook
3.2 Industry Value Chain Analysis
3.2.1 Major Raw Material Trends
3.3 Regulatory Framework
3.4 Technology Overview
3.5 Market Dynamics
3.5.1 Market Driver Analysis
3.5.2 Market Restraint Analysis
3.6 Business Environment Analysis
3.6.1 Industry Analysis - Porter’s
3.6.2 Industry Analysis - Pestel
3.7 Market Entry Strategies
Chapter 4 Nutraceuticals Market: Ingredient Estimates & Trend Analysis
4.1 Ingredient Movement Analysis & Market Share, 2023 & 2030
4.2 Nutraceuticals Market Estimates & Forecasts, by Ingredient, 2018-2030 (USD Million)
4.2.1 Aloe Vera
4.2.2 Amino Acids
4.2.3 Botanical Ingredients
4.2.3.1 Ashwagandha
4.2.3.2 Curcumin
4.2.3.3 Ginseng
4.2.3.4 Hemp
4.2.3.5 Others
4.2.4 Cannabidiol (Cbd)
4.2.5 Carbohydrates
4.2.6 Carnitine
4.2.7 Food Color
4.2.8 Carotenoids
4.2.8.1 Astaxanthin
4.2.8.2 Lutein
4.2.8.3 Lycopene
4.2.8.4 Other Carotenoids
4.2.9 Spirulina
4.2.10 Collagen
4.2.11 Colostrum
4.2.12 Cultures And Fermentation Starters
4.2.13 Dairy Ingredients
4.2.14 Emulsifiers
4.2.15 Enzymes
4.2.16 Essential Oils
4.2.17 Fat Replacers
4.2.18 Fats And Oils
4.2.19 Fibers
4.2.20 Flavors
4.2.21 Fruit And Vegetable Products
4.2.22 Glucosamine / Chondroitin
4.2.23 Isoflavones
4.2.24 Juices And Concentrates
4.2.25 Krill
4.2.26 Lipids / Fatty Acids
4.2.27 Marine Ingredients
4.2.28 Minerals
4.2.28.1 Calcium
4.2.28.2 Iron
4.2.28.3 Magnesium
4.2.28.4 Selenium
4.2.28.5 Others
4.2.29 Omega-3s
4.2.29.1 Marine Derived
4.2.29.2 Plant-derived
4.2.30 Prebiotics
4.2.31 Probiotics
4.2.32 Proteins
4.2.33 Sweeteners
4.2.33.1 Stevia
4.2.33.2 Monkfruit
4.2.33.3 Others
4.2.34 Vitamins
4.2.34.1 Vitamin A
4.2.34.2 Vitamin B
4.2.34.3 Vitamin C
4.2.34.4 Vitamin D
4.2.34.5 Vitamin E
4.2.34.6 Vitamin K
4.2.35 Whey Proteins
4.2.36 Other
Chapter 5 Nutraceuticals Market: Product Estimates & Trend Analysis
5.1 Product Movement Analysis & Market Share, 2023 & 2030
5.2 Nutraceuticals Market Estimates & Forecast, by Product, 2018-2030 (USD Million)
5.2.1 Dietary Supplements
5.2.2 Functional Foods
5.2.3 Functional Beverages
Chapter 6 Nutraceuticals Market: Application Estimates & Trend Analysis
6.1 Application Movement Analysis & Market Share, 2023 & 2030
6.2 Nutraceuticals Market Estimates & Forecast, by Application, 2018-2030 (USD Million)
6.2.1 Allergy & Intolerance
6.2.2 Animal Nutrition
6.2.3 Healthy Ageing
6.2.4 Bone & Joint Health
6.2.5 Cancer Prevention
6.2.6 Children's Health
6.2.7 Cognitive Health
6.2.8 Diabetes
6.2.9 Digestive / Gut Health
6.2.10 Energy & Endurance
6.2.11 Eye Health
6.2.12 Heart Health
6.2.13 Immune System
6.2.14 Infant Health
6.2.15 Inflammation
6.2.16 Maternal Health
6.2.17 Men's Health
6.2.18 Nutricosmetics
6.2.19 Oral Care
6.2.20 Personalized Nutrition
6.2.21 Post Pregnancy And Reproductive Health
6.2.22 Sexual Health
6.2.23 Skin Health
6.2.24 Sports Nutrition
6.2.25 Weight Management & Satiety
6.2.26 Women's Health
6.2.27 Others
Chapter 7 Nutraceuticals Market: Regional Estimates & Trend Analysis
7.1 Global Nutraceuticals Market: Regional Outlook
7.2 North America
7.2.1 North America Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.2.2 U.S.
7.2.2.1 U.S. Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.2.3 Canada
7.2.3.1 Canada Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.2.4 Mexico
7.2.4.1 Mexico Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.3 Europe
7.3.1 Europe Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.3.2 Germany
7.3.2.1 Germany Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.3.3 France
7.3.3.1 France Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.3.4 Italy
7.3.4.1 Italy Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.3.5 UK
7.3.5.1 UK Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.3.6 Spain
7.3.6.1 Spain Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.3.7 The Netherlands
7.3.7.1 The Netherlands Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.4 Asia-Pacific
7.4.1 Asia-Pacific Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.4.2 China
7.4.2.1 China Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.4.3 Japan
7.4.3.1 Japan Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.4.4 India
7.4.4.1 India Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.4.5 Australia & New Zealand
7.4.5.1 Australia & New Zealand Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.4.6 South Korea
7.4.6.1 South Korea Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.5 Central & South America
7.5.1 Central & South America Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.5.2 Brazil
7.5.2.1 Brazil Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.5.3 Argentina
7.5.3.1 Argentina Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.6 Middle East & Africa
7.6.1 Middle East & Africa Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.6.2 UAE
7.6.2.1 UAE Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
7.6.3 South Africa
7.6.3.1 South Africa Nutraceuticals Market Estimates & Forecast, 2018-2030 (USD Million)
Chapter 8 Competitive Landscape
8.1 Recent Developments & Impact Analysis, by Key Market Participants
8.2 Company Categorization
8.3 Participant’s Overview
8.4 Financial Performance
8.5 Product Benchmarking
8.6 Company Market Share Analysis, 2023 (%)
8.7 Company Heat Map Analysis
8.8 Strategy Mapping
8.9 List Of Key Companies Analyzed In This Section Include:
8.9.1 Dsm
8.9.2 Amway
8.9.3 Pfizer Inc.
8.9.4 Nestle
8.9.5 The Kraft Heinz Company
8.9.6 The Hain Celestial Group, Inc.
8.9.7 Nature's Bounty
8.9.8 General Mills Inc
8.9.9 Danone
8.9.10 Tyson Foods
List of Tables
Table 1 Nutraceuticals Market Revenue Estimates and Forecasts, By Ingredient, 2018-2030 (USD Million)
Table 2 Nutraceuticals Market Revenue Estimates and Forecasts, By Product, 2018-2030 (USD Million)
Table 3 Nutraceuticals Market Revenue Estimates and Forecasts, By Application, 2018-2030 (USD Million)
Table 4 Company Market Share, 2023
List of Figures
Fig. 1 Nutraceuticals market segmentation & scope
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Primary research approaches
Fig. 6 Nutraceuticals market: Market snapshot
Fig. 7 Nutraceuticals market: Segment outlook
Fig. 8 Nutraceuticals market: Competitive outlook
Fig. 9 Nutraceuticals market: Penetration & growth prospect mapping
Fig. 10 Nutraceuticals market: Value chain analysis
Fig. 11 Nutraceuticals market: Porter’s analysis
Fig. 12 Nutraceuticals market: PESTEL analysis
Fig. 13 Nutraceuticals market, by ingredient: Key takeaways
Fig. 14 Nutraceuticals Market, by Ingredient: Market Share, 2023 & 2030
Fig. 15 Aloe vera market estimates & forecasts, 2018-2030 (USD Million)
Fig. 16 Amino acids market estimates & forecasts, 2018-2030 (USD Million)
Fig. 17 Botanical Ingredients market estimates & forecasts, 2018-2030 (USD Million)
Fig. 18 Ashwagandha market estimates & forecasts, 2018-2030 (USD Million)
Fig. 19 Curcumin market estimates & forecasts, 2018-2030 (USD Million)
Fig. 20 Ginseng market estimates & forecasts, 2018-2030 (USD Million)
Fig. 21 Hemp market estimates & forecasts, 2018-2030 (USD Million)
Fig. 22 Others market estimates & forecasts, 2018-2030 (USD Million)
Fig. 23 Cannabidiol (CBD) market estimates & forecasts, 2018-2030 (USD Million)
Fig. 24 Carbohydrates market estimates & forecasts, 2018-2030 (USD Million)
Fig. 25 Carnitine market estimates & forecasts, 2018-2030 (USD Million)
Fig. 26 Food Color market estimates & forecasts, 2018-2030 (USD Million)
Fig. 27 Carotenoids market estimates & forecasts, 2018-2030 (USD Million)
Fig. 28 Astaxanthin market estimates & forecasts, 2018-2030 (USD Million)
Fig. 29 Lutein market estimates & forecasts, 2018-2030 (USD Million)
Fig. 30 Lycopene market estimates & forecasts, 2018-2030 (USD Million)
Fig. 31 Other carotenoids market estimates & forecasts, 2018-2030 (USD Million)
Fig. 32 Spirulina market estimates & forecasts, 2018-2030 (USD Million)
Fig. 33 Collagen market estimates & forecasts, 2018-2030 (USD Million)
Fig. 34 Colostrum market estimates & forecasts, 2018-2030 (USD Million)
Fig. 35 Cultures and fermentation starters market estimates & forecasts, 2018-2030 (USD Million)
Fig. 36 Dairy ingredients market estimates & forecasts, 2018-2030 (USD Million)
Fig. 37 Emulsifiers market estimates & forecasts, 2018-2030 (USD Million)
Fig. 38 Enzymes market estimates & forecasts, 2018-2030 (USD Million)
Fig. 39 Essential oils market estimates & forecasts, 2018-2030 (USD Million)
Fig. 40 Fat replacers market estimates & forecasts, 2018-2030 (USD Million)
Fig. 41 Fats and oils market estimates & forecasts, 2018-2030 (USD Million)
Fig. 42 Fibers market estimates & forecasts, 2018-2030 (USD Million)
Fig. 43 Flavors market estimates & forecasts, 2018-2030 (USD Million)
Fig. 44 Fruit and vegetable products market estimates & forecasts, 2018-2030 (USD Million)
Fig. 45 Glucosamine / Chondroitin market estimates & forecasts, 2018-2030 (USD Million)
Fig. 46 Isoflavones market estimates & forecasts, 2018-2030 (USD Million)
Fig. 47 Juices and concentrates market estimates & forecasts, 2018-2030 (USD Million)
Fig. 48 Krill market estimates & forecasts, 2018-2030 (USD Million)
Fig. 49 Lipids / Fatty Acids market estimates & forecasts, 2018-2030 (USD Million)
Fig. 50 Marine ingredients market estimates & forecasts, 2018-2030 (USD Million)
Fig. 51 Minerals market estimates & forecasts, 2018-2030 (USD Million)
Fig. 52 Calcium market estimates & forecasts, 2018-2030 (USD Million)
Fig. 53 Iron market estimates & forecasts, 2018-2030 (USD Million)
Fig. 54 Magnesium market estimates & forecasts, 2018-2030 (USD Million)
Fig. 55 Selenium market estimates & forecasts, 2018-2030 (USD Million)
Fig. 56 Others market estimates & forecasts, 2018-2030 (USD Million)
Fig. 57 Omega-3s market estimates & forecasts, 2018-2030 (USD Million)
Fig. 58 Marine Derived market estimates & forecasts, 2018-2030 (USD Million)
Fig. 59 Plant-derived market estimates & forecasts, 2018-2030 (USD Million)
Fig. 60 Prebiotics market estimates & forecasts, 2018-2030 (USD Million)
Fig. 61 Probiotics market estimates & forecasts, 2018-2030 (USD Million)
Fig. 62 Proteins market estimates & forecasts, 2018-2030 (USD Million)
Fig. 63 Sweeteners market estimates & forecasts, 2018-2030 (USD Million)
Fig. 64 Stevia market estimates & forecasts, 2018-2030 (USD Million)
Fig. 65 Monkfruit market estimates & forecasts, 2018-2030 (USD Million)
Fig. 66 Others market estimates & forecasts, 2018-2030 (USD Million)
Fig. 67 Vitamins market estimates & forecasts, 2018-2030 (USD Million)
Fig. 68 Vitamin A market estimates & forecasts, 2018-2030 (USD Million)
Fig. 69 Vitamin B market estimates & forecasts, 2018-2030 (USD Million)
Fig. 70 Vitamin C market estimates & forecasts, 2018-2030 (USD Million)
Fig. 71 Vitamin D market estimates & forecasts, 2018-2030 (USD Million)
Fig. 72 Vitamin E market estimates & forecasts, 2018-2030 (USD Million)
Fig. 73 Vitamin K market estimates & forecasts, 2018-2030 (USD Million)
Fig. 74 Whey proteins market estimates & forecasts, 2018-2030 (USD Million)
Fig. 75 Others market estimates & forecasts, 2018-2030 (USD Million)
Fig. 76 Nutraceuticals market, by Product: Key takeaways
Fig. 77 Nutraceuticals Market, by Product: Market Share, 2023 & 2030
Fig. 78 Dietary Supplements market estimates & forecasts, 2018-2030 (USD Million)
Fig. 79 Functional Foods market estimates & forecasts, 2018-2030 (USD Million)
Fig. 80 Functional Beverages market estimates & forecasts, 2018-2030 (USD Million)
Fig. 81 Nutraceuticals market, by Application: Key takeaways
Fig. 82 Nutraceuticals Market, by Application: Market Share, 2023 & 2030
Fig. 83 Allergy & intolerance market estimates & forecasts, 2018-2030 (USD Million)
Fig. 84 Animal nutrition market estimates & forecasts, 2018-2030 (USD Million)
Fig. 85 Healthy ageing market estimates & forecasts, 2018-2030 (USD Million)
Fig. 86 Bone & joint health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 87 Cancer prevention market estimates & forecasts, 2018-2030 (USD Million)
Fig. 88 Children's health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 89 Cognitive health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 90 Diabetes market estimates & forecasts, 2018-2030 (USD Million)
Fig. 91 Digestive / Gut health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 92 Energy & endurance market estimates & forecasts, 2018-2030 (USD Million)
Fig. 93 Eye health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 94 Heart health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 95 Immune system market estimates & forecasts, 2018-2030 (USD Million)
Fig. 96 Infant health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 97 Inflammation market estimates & forecasts, 2018-2030 (USD Million)
Fig. 98 Maternal health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 99 Men's health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 100 Nutricosmetics market estimates & forecasts, 2018-2030 (USD Million)
Fig. 101 Oral care market estimates & forecasts, 2018-2030 (USD Million)
Fig. 102 Personalized nutrition market estimates & forecasts, 2018-2030 (USD Million)
Fig. 103 Post Pregnancy and reproductive health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 104 Sexual health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 105 Skin health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 106 Sports nutrition market estimates & forecasts, 2018-2030 (USD Million)
Fig. 107 Weight management & satiety market estimates & forecasts, 2018-2030 (USD Million)
Fig. 108 Women's health market estimates & forecasts, 2018-2030 (USD Million)
Fig. 109 Others market estimates & forecasts, 2018-2030 (USD Million)
Fig. 110 North America market estimates & forecasts, 2018-2030 (USD Million)
Fig. 111 U.S. market estimates & forecasts, 2018-2030 (USD Million)
Fig. 112 Canada market estimates & forecasts, 2018-2030 (USD Million)
Fig. 113 Mexico market estimates & forecasts, 2018-2030 (USD Million)
Fig. 114 Europe market estimates & forecasts, 2018-2030 (USD Million)
Fig. 115 Germany market estimates & forecasts, 2018-2030 (USD Million)
Fig. 116 France market estimates & forecasts, 2018-2030 (USD Million)
Fig. 117 Italy market estimates & forecasts, 2018-2030 (USD Million)
Fig. 118 UK market estimates & forecasts, 2018-2030 (USD Million)
Fig. 119 Spain market estimates & forecasts, 2018-2030 (USD Million)
Fig. 120 The Netherlands market estimates & forecasts, 2018-2030 (USD Million)
Fig. 121 Asia-Pacific market estimates & forecasts, 2018-2030 (USD Million)
Fig. 122 China market estimates & forecasts, 2018-2030 (USD Million)
Fig. 123 India market estimates & forecasts, 2018-2030 (USD Million)
Fig. 124 Japan America market estimates & forecasts, 2018-2030 (USD Million)
Fig. 125 Australia & New Zealand market estimates & forecasts, 2018-2030 (USD Million)
Fig. 126 South Korea market estimates & forecasts, 2018-2030 (USD Million)
Fig. 127 Central & South America market estimates & forecasts, 2018-2030 (USD Million)
Fig. 128 Brazil market estimates & forecasts, 2018-2030 (USD Million)
Fig. 129 Argentina market estimates & forecasts, 2018-2030 (USD Million)
Fig. 130 Middle East & Africa market estimates & forecasts, 2018-2030 (USD Million)
Fig. 131 UAE market estimates & forecasts, 2018-2030 (USD Million)
Fig. 132 South Africa market estimates & forecasts, 2018-2030 (USD Million)
Fig. 133 Nutraceuticals market: Key Company/Competition Categorization
Fig. 134 Nutraceuticals market: Company market share analysis (public companies)
Fig. 135 Company market position analysis

Companies Mentioned

  • Dsm
  • Amway
  • Pfizer Inc.
  • Nestle
  • The Kraft Heinz Company
  • The Hain Celestial Group, Inc.
  • Nature's Bounty
  • General Mills Inc
  • Danone
  • Tyson Foods

Methodology

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