+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Nutraceuticals Global Market Report 2024

  • PDF Icon

    Report

  • 200 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5744368
The nutraceuticals market size has grown rapidly in recent years. It will grow from $415.47 billion in 2023 to $460.18 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. Historical growth can be attributed to increased health consciousness, consumer education, supportive regulations, scientific research, and an aging population.

The nutraceuticals market size is expected to see rapid growth in the next few years. It will grow to $696.13 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. Anticipated growth in the forecast period is fueled by sustained health consciousness, global economic shifts, changing dietary patterns, the surge of digital health and e-commerce, and the emergence of personalized nutrition. Key trends expected during this period encompass functional beverages, sports nutrition, mental wellness solutions, immune system support, and an increased focus on gut health.

The increasing geriatric population is a significant factor contributing to the expansion of the nutraceutical market. Nutraceuticals, designed to be consumed as supplements alongside a regular daily diet, play a crucial role in promoting good health and immunity. Beyond a certain age, particularly 65 years and above, individuals require additional nutrients to bolster their immune systems against diseases such as diabetes, cholesterol, blood pressure, and other age-related issues. Nutraceuticals serve as daily supplements to fulfill the increased nutritional needs during this stage of life. As highlighted in October 2022 by the World Health Organization, a specialized health agency based in the United States, global projections indicate that by 2030, 1 in 6 individuals will be aged 60 or older. This demographic is anticipated to further increase to 2.1 billion elderly people by 2050. The growing geriatric population is thus a key driver fueling the expansion of the nutraceutical market, as these products become essential for addressing the specific health needs of an aging demographic.

The growing demand for healthy and functional foods is anticipated to be a key driver in propelling the nutraceutical market's expansion. Healthy and functional foods, characterized by their ability to provide nutritional benefits beyond basic sustenance, play a pivotal role in promoting overall well-being and supporting specific bodily functions or health outcomes. Leveraging nutraceuticals, these foods incorporate bioactive compounds or ingredients with health benefits, addressing areas such as cognitive function, energy levels, gut health, and immunity. As reported in February 2022 by Agriculture and Agri-Food Canada, a department of the Government of Canada, the retail sales value of fortified or functional foods and beverages in the United States witnessed growth, reaching $68.9 billion in 2021 compared to $67.9 billion in 2020. Projections indicate a further increase to $79.1 billion in 2025, reflecting a 3.5% rise compared to 2021. This data underscores the escalating demand for healthy and functional foods, thus substantiating their role as a driving force in the growth of the nutraceutical market.

The prevailing trend among companies in the nutraceutical market is a focused emphasis on new product development. This strategic direction is driven by the competitive landscape, marked by the presence of numerous nutraceutical firms aiming to expand their footprint and establish leadership positions in the market. A case in point is Nestlé Health Science, a Switzerland-based nutrition company, which, in December 2021, introduced a new product named Reducose. Leveraging plant-based mulberry leaf extract powder as an artificial sweetener, Reducose is specifically designed for prediabetic patients to maintain normal blood glucose responses. Nestlé Health Science's innovative product has demonstrated a significant impact on postprandial blood glucose levels, achieving a reduction of 40%. This product can be seamlessly incorporated into meals or beverages to provide sweetness without compromising the original taste and texture of the food. Such instances underscore the industry's commitment to ongoing innovation in pursuit of market leadership.

Leading companies in the nutraceutical market are strategically focusing on the development of next-generation synbiotic solutions to meet the evolving health needs of consumers. These advanced solutions represent a combination of prebiotics and probiotics meticulously formulated to optimize gut health and overall well-being, delivering synergistic benefits beyond conventional formulations. Illustrating this trend, in January 2023, Evonik Industries AG, a Germany-based chemical company, introduced a groundbreaking category of nutraceuticals named INVIVO BIOTICS. These synbiotics seamlessly merge probiotics with other health-enhancing ingredients, drawing from extensive scientific knowledge of human health and a deep understanding of the food ingredients and dietary supplements market. Evonik provides nutraceutical companies with a comprehensive range of INVIVO BIOTICS solutions, encompassing formulations that foster intrinsic butyrate production, support resolvin, and enhance gluten tolerance. Clients benefit not only from innovative product offerings but also from Evonik's unique market insights, facilitating swift consumer adoption through support in product positioning, heightened consumer awareness, and strategic packaging design.

In November 2021, ADM, a leading US-based multinational food processing company, successfully acquired Deerland Probiotics & Enzymes for an undisclosed sum. This strategic move by ADM is geared towards strengthening its position in the market for prebiotics, probiotics, and postbiotics supplements. The acquisition enables ADM to enhance its portfolio of customized food and beverage products, meeting the rising global demand for diverse dietary supplements, functional foods, beverages, and pet nutrition aimed at improving health and well-being. Deerland Probiotics & Enzymes Inc., a US-based company specializing in dietary supplement manufacturing, brings valuable expertise in science-backed solutions utilizing probiotic, prebiotic, and enzyme technology, complementing ADM's commitment to providing innovative and health-enhancing products.

Major companies operating in the nutraceuticals market report are Cargill Incorporated, Archer Daniels Midland Company, Nestle SA, BASF SE, PepsiCo Inc., Abbott Laboratories, Groupe Danone, Evonik Industries AG, General Mills Inc., Arla Foods amba, Kellogg Company, E. I. du Pont de Nemours and Company (DuPont), Ajinomoto Co. Inc., Kerry Group plc, Royal DSM NV (Royal DSM), Amway Corporation, Ingredion Incorporated, Glanbia plc, Herbalife International of America Inc., Lesaffre, W. R. Grace & Co.-Conn, Chr. Hansen Holding A/S, Innophos Holdings Inc., Nature's Sunshine Products Inc., Nutraceutical Corporation, NOW Foods, OmniActive Health Technologies, Bactolac Pharmaceutical Inc., ChromaDex, DSM Nutritional Products AG, Lonza Group AG, Tate & Lyle plc.

North America was the largest region in the nutraceuticals market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nutraceuticals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the nutraceuticals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Nutraceuticals encompass diverse types, including vitamins and minerals, probiotics, proteins and peptides, and omega fatty acids, among others. Essential for the body's daily functioning, vitamins and minerals are incorporated into food products to enhance nutritional value, promote individual health, and fortify immunity. These nutraceuticals, classified based on their source - plant, animal, or microbial - are utilized in various applications, such as functional food, functional beverages, dietary supplements, personal care, and animal nutrition. They manifest in multiple product forms, including capsules, tablets, softgels, powder, liquids, and gummies. The availability of nutraceuticals is facilitated through various distribution channels, including specialty stores, supermarkets, hypermarkets, convenience stores, drug stores, pharmacies, online retail platforms, and other distribution channels. This diverse range of distribution channels ensures widespread access to nutraceutical products, catering to the varied preferences and needs of consumers.

The nutraceuticals research report is one of a series of new reports that provides nutraceuticals statistics, including nutraceuticals industry global market size, regional shares, competitors with nutraceuticals share, detailed nutraceuticals segments, market trends and opportunities, and any further data you may need to thrive in the nutraceuticals industry. This nutraceuticals research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The nutraceuticals market consists of sales of dietary supplements, functional food, medicinal food, and farmaceuticals. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Table of Contents

1. Executive Summary2. Nutraceuticals Market Characteristics3. Nutraceuticals Market Trends and Strategies
4. Nutraceuticals Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Nutraceuticals Market Size and Growth
5.1. Global Nutraceuticals Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Nutraceuticals Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Nutraceuticals Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Nutraceuticals Market Segmentation
6.1. Global Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Vitamins and Minerals
  • Probiotics
  • Proteins and Peptides
  • Omega Fatty Acids
  • Other Types
6.2. Global Nutraceuticals Market, Segmentation by Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Plant
  • Animal
  • Microbial
6.3. Global Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Functional Food
  • Functional Beverages
  • Dietary Supplements
  • Personal Care
  • Animal Nutrition
  • Other Applications
6.4. Global Nutraceuticals Market, Segmentation by Product Forms, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Capsules
  • Tablets
  • Softgels
  • Powder
  • Liquid
  • Gummies
6.5. Global Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Specialty Stores
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Drug Stores/Pharmacies
  • Online Retail Stores
  • Other Distribution Channels
7. Nutraceuticals Market Regional and Country Analysis
7.1. Global Nutraceuticals Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Nutraceuticals Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Nutraceuticals Market
8.1. Asia-Pacific Nutraceuticals Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Nutraceuticals Market
9.1. China Nutraceuticals Market Overview
9.2. China Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Nutraceuticals Market
10.1. India Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Nutraceuticals Market
11.1. Japan Nutraceuticals Market Overview
11.2. Japan Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Nutraceuticals Market
12.1. Australia Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Nutraceuticals Market
13.1. Indonesia Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Nutraceuticals Market
14.1. South Korea Nutraceuticals Market Overview
14.2. South Korea Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Nutraceuticals Market
15.1. Western Europe Nutraceuticals Market Overview
15.2. Western Europe Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Nutraceuticals Market
16.1. UK Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Nutraceuticals Market
17.1. Germany Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Nutraceuticals Market
18.1. France Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Nutraceuticals Market
19.1. Italy Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Nutraceuticals Market
20.1. Spain Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Nutraceuticals Market
21.1. Eastern Europe Nutraceuticals Market Overview
21.2. Eastern Europe Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Nutraceuticals Market
22.1. Russia Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Nutraceuticals Market
23.1. North America Nutraceuticals Market Overview
23.2. North America Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Nutraceuticals Market
24.1. USA Nutraceuticals Market Overview
24.2. USA Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Nutraceuticals Market
25.1. Canada Nutraceuticals Market Overview
25.2. Canada Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Nutraceuticals Market
26.1. South America Nutraceuticals Market Overview
26.2. South America Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Nutraceuticals Market
27.1. Brazil Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Nutraceuticals Market
28.1. Middle East Nutraceuticals Market Overview
28.2. Middle East Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Nutraceuticals Market
29.1. Africa Nutraceuticals Market Overview
29.2. Africa Nutraceuticals Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Nutraceuticals Market, Segmentation by Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Nutraceuticals Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Nutraceuticals Market Competitive Landscape and Company Profiles
30.1. Nutraceuticals Market Competitive Landscape
30.2. Nutraceuticals Market Company Profiles
30.2.1. Cargill Incorporated
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Archer Daniels Midland Company
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Nestle SA
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. BASF SE
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. PepsiCo Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Nutraceuticals Market Other Major and Innovative Companies
31.1. Abbott Laboratories
31.2. Groupe Danone
31.3. Evonik Industries AG
31.4. General Mills Inc.
31.5. Arla Foods amba
31.6. Kellogg Company
31.7. E. I. du Pont de Nemours and Company (DuPont)
31.8. Ajinomoto Co. Inc.
31.9. Kerry Group plc
31.10. Royal DSM NV (Royal DSM)
31.11. Amway Corporation
31.12. Ingredion Incorporated
31.13. Glanbia plc
31.14. Herbalife International of America Inc.
31.15. Lesaffre
32. Global Nutraceuticals Market Competitive Benchmarking33. Global Nutraceuticals Market Competitive Dashboard34. Key Mergers and Acquisitions in the Nutraceuticals Market
35. Nutraceuticals Market Future Outlook and Potential Analysis
35.1 Nutraceuticals Market in 2028 - Countries Offering Most New Opportunities
35.2 Nutraceuticals Market in 2028 - Segments Offering Most New Opportunities
35.3 Nutraceuticals Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Nutraceuticals Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on nutraceuticals market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for nutraceuticals? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: Vitamins and Minerals; Probiotics; Proteins and Peptides; Omega Fatty Acids; Other Types
2) By Source: Plant; Animal; Microbial
3) By Application: Functional Food; Functional Beverages; Dietary Supplements; Personal Care; Animal Nutrition; Other Applications
4) By Product Forms: Capsules; Tablets; Softgels; Powder; Liquid; Gummies
5) By Distribution Channel: Specialty Stores; Supermarkets/Hypermarkets; Convenience Stores; Drug Stores/Pharmacies; Online Retail Stores; Other Distribution Channels

Key Companies Mentioned: Cargill Incorporated; Archer Daniels Midland Company; Nestle SA; BASF SE; PepsiCo Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Cargill Incorporated
  • Archer Daniels Midland Company
  • Nestle SA
  • BASF SE
  • PepsiCo Inc.
  • Abbott Laboratories
  • Groupe Danone
  • Evonik Industries AG
  • General Mills Inc.
  • Arla Foods amba
  • Kellogg Company
  • E. I. du Pont de Nemours and Company (DuPont)
  • Ajinomoto Co. Inc.
  • Kerry Group plc
  • Royal DSM NV (Royal DSM)
  • Amway Corporation
  • Ingredion Incorporated
  • Glanbia plc
  • Herbalife International of America Inc.
  • Lesaffre
  • W. R. Grace & Co.-Conn
  • Chr. Hansen Holding A/S
  • Innophos Holdings Inc.
  • Nature's Sunshine Products Inc.
  • Nutraceutical Corporation
  • NOW Foods
  • OmniActive Health Technologies
  • Bactolac Pharmaceutical Inc.
  • ChromaDex
  • DSM Nutritional Products AG
  • Lonza Group AG
  • Tate & Lyle plc

Methodology

Loading
LOADING...