Market Research Future published a half cooked research report on the Global Nutraceuticals Market that is estimated to grow over 6% post 2022. —
Nutraceuticals are nutritious products derived from various food sources which have extra health benefits due to nutritional value present in foods. Generally, nutraceuticals are considered as non-specific biological therapies used to promote healthy lifestyle, control symptoms of various diseases and it also helps in preventing malignant process which can cause serious health issues in the future. On the basis of sources nutraceuticals are categories in dietary supplement, functional food and pharmaceutical food. Nutraceuticals are becoming popular as they are helpful in prevent chronic diseases and boosting the immune system. Increasing awareness about health benefits of nutraceuticals is mainly driving the nutraceuticals market in the world.
Key Players of Nutraceuticals Market:
• Archer Daniels Midland Company (U.S.)
• Cargill (U.S.)
• BASF SE (Germany)
• Nestle (Switzerland)
• Aker BioMarine AS (Norway)
• Balchem Corporation (U.S.)
• Barrington Nutritionals (U.S.)
• Gnosis S.p.A. (Italy)
• Horphag Research (Switzerland)
• JRS PHARMA GmbH (Germany)
Key players in global nutraceuticals market are focusing on merger and acquisition of small players present in the market to expand their business and presence in the market. Many pharmaceutical companies are working on R&D to create nutraceuticals products with less competition.
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Global nutraceuticals market is mainly driven by increasing health awareness and popularity of nutritional food along with dietary supplements which is an integral part of healthy diet. Rising awareness about health benefits of dietary supplements along with daily required nutrition is supporting the growth of the nutraceuticals market. Increasing demand of meat is influencing the demand of high quality nutritious animal feed which is consequently driving sales of nutraceuticals in animal feed segment. Increasing R&D activities to find out new nutraceuticals products especially in antioxidants and functional beverages is also driving the market growth.
Downstream Market Analysis:
Nutraceuticals are mainly taken as part of usual healthy diet in order to have beneficial effects which are far beyond basic nutritional function. Every nutraceuticals has its own unique characteristic which helps people to fight and boost immune system to fight various diseases. Omega-3, dietary fiber, antioxidants helps in preventing cardiovascular disease whereas herbal extracts, fiber, protein, fatty acids are majorly consumed for weight management therapies. Most of the consumers prefer to take vitamins and mineral in the form of different nutraceuticals products. The popularity of nutraceuticals which contains protein, amino acids, omerga-3 is increasing in developed countries.
Global Nutraceuticals Market is segmented by type, application and dosage form and region.
Brief TOC for Nutraceuticals Market:
1 Executive Summary
2 Market Introduction
2.2 Scope of the study
2.2.1 Research Objectives
2.3 Markets Structure
3 Research methodology
3.1 Research process
3.2 Secondary research
3.3 Primary research
3.4 Forecast model
3.5 Market Size estimation
4 Market Dynamics
5 Market Trends
5.1 Trends in Supply/Production
5.2 Trends in Demand/Consumption
5.3 Emerging Markets (Supply & Demand)
5.4 Emerging Brands
5.5 Trade (Import-export) Analysis
5.6 Innovations in Products/Process
5.7 Macroeconomic indicators Analysis for top 5 Producing countries
The global nutraceuticals market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Among these North American region has the major market share followed by Asia Pacific. Rising health awareness in North American consumer is influencing nutraceuticals market growth over there. Nutraceuticals market in U.S. and Canada is significantly growing since last few years. Increasing demand for functional food and dietary supplement in supporting the market growth in Asia Pacific region. Nutraceuticals is replacing synthetic alternatives to prevent various health problems which is playing a key role in market growth of nutraceuticals in Asia Pacific and Europe.
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