Nutraceutical Products Market to Grow at 7.2% CAGR and Reaching to US$ 404.8 Billion Revenue to 2025

Nutraceutical Ingredients Market

Geographically, North America projected to account for largest Nutraceutical Products Market share during forecast period due to rising obesity levels in region and increasing awareness among consumers about health benefits of prebiotics, proteins & amino acids, omega-3 fatty acids, and their role in weight management.

The global nutraceutical products market size is projected to grow from USD 267.4 billion in 2019 to USD 404.8 billion by 2025, recording a CAGR of 7.2% during the forecast period. The growth in the aging population and the rising number of chronic diseases are encouraging manufacturers to produce nutrition-rich products.

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Nutraceutical beverages such as sports drinks, energy drinks, juices, and ready-to-drink tea and coffee-based beverages are witnessing high demand due to the growing number of sports enthusiasts and inclination toward active nutrition. Moreover, the consumption of protein-based beverages is increasing due to the increasing demand among health-conscious consumers for protein-rich beverages.

Recent Developments

1 Attractive Opportunities in the Market

2 Nutraceutical Products Market: Major Regional Submarkets

3 Asia Pacific: Nutraceutical Products Market, By Type & Country

4 Market, By Type & Region

5 Market, By Distribution Channel, 2019 vs. 2025 (USD Billion)

6 Market, By Source & Region, 2018

Proteins are mainly used in industrial applications due to their nutritional and functional properties. Their potential to increase nutritional levels makes them one of the key ingredients in the nutraceutical products market. Additionally, extensive R&D on proteins and the benefits of their properties have led to the identification of innovative uses in the personal care and pharmaceutical industries.

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The nutraceutical products market comprises major players such as Kraft Heinz Company (US), The Hain Celestial Group (US), Conagra (US), General Mills (US), Kellogg’s (US), Nestlé (Switzerland), Nature’s Bounty (US), Amway (US), Hero Group (US), Barilla Group (Italy), Raisio Group (Finland), Pfizer Inc. (US), and Freedom Food Group Limited (Australia).

In-depth interviews were conducted with chief executive officers (CEOs), marketing directors, nutraceutical products manufacturers, and executives from various key organizations operating in the nutraceutical products market.

  • By Company Type: Tier 1: 20%, Tier 2: 40%, and Tier 3: 40%
  • By Designation:C-level:30%, D-level: 20%, and Others*: 50%
  • By Region: Asia Pacific: 25%, Europe: 40%, North America: 15%, South America: and Rest of World(RoW)** 20%

Get Discount on “Nutraceutical Products Market by Type (Food, Beverages, Dietary Supplements), Source (Probiotics, Prebiotics, Vitamins, Minerals), Distribution Channel (Conventional Stores, Specialty Stores, Drugstores & Pharmacies), Region – Global Forecast to 2025” Research Report Can be Requested at https://www.reportsnreports.com/contacts/discount.aspx?name=2469082 .

The dry segment is projected to dominate the market due to better stability and ease of handling & storage, as compared to the liquid form. A number of nutraceutical ingredients that are used in the dry form are vitamins, amino acids, prebiotic & probiotic premixes, proteins, and minerals such as zinc and folic acid. These are either available in the form of capsules or compressed into tablets.

Key Benefits of Buying the Report

The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall nutraceutical products market and sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.

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