Global Nutraceuticals Market Will Rise to US$278.96 Bn, Exhibiting a CAGR of 7.3% From 2015 Through 2021

ResearchMoz added Latest Research Report titled ” Nutraceuticals Market – Global Industry Analysis, Size, Share, Growth and Forecast 2015 – 2021 ” to it’s Large Report database.

The global nutraceuticals product market has shown steady growth during the past few years. This trend is anticipated to continue during the forecast period due to increasing consumer spending on nutritious and healthy functional food, beverages, and dietary supplements worldwide. Nutraceuticals provide health benefits and help in the prevention and healing of diseases. The global nutraceuticals market is primarily growing due to rise in demand for dietary supplements; however, functional foods and beverages comprise a significant market share . Nutraceuticals are nutritional or functional foods that are slated to have physiological benefits, or provide relief from numerous chronic diseases and ailments to the consumers.

Nutraceuticals range from dietary supplements, isolated nutrients, and herbal products to specific diets and processed foods and beverages. These are extremely attractive to food and beverages companies due to the relatively high margins and minimal regulatory requirements involved. Factors such as rising health concerns, growth of key demographics, and increasing consumer desire to lead a healthy life and avoid dependence on synthetic drugs are the major drivers contributing to the growth of this market.

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In addition, factors such as new product launches, mergers and acquisitions, and nutraceuticals aimed at improving cardiac health are expected to enhance the growth of this market. All these properties mentioned above have led to the growing demand for nutraceuticals in recent years.

Nutraceuticals are the products that provide health and nutrition benefits in addition to the basic nutrition value present in food items. Nowadays, consumers are more health conscious, more aware, and better informed on nutrition-enabled products. Furthermore, dietary supplements are not only consumed in order to meet the recommended daily intake of nutrients, but also as a physical performance booster and disease prevention option. In addition, there is a shift in the preference of consumers from synthetic ingredients to organic foods and ingredients, which are obtained from non-genetically modified organism (non-GMO) extracts.

The nutraceuticals market mainly constitutes food; beverages; dietary supplements; personal care and pharmaceutical products. The growing market of vitamins and minerals-enriched herbal shampoos and creams is also one of the major drivers behind the rising demand for nutraceutical ingredients.

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Table of Content

Chapter 1 Preface
1.1 Report description
1.2 Market Segmentation
1.3 Research Scope
1.3.1 Assumptions
1.4 Research methodology

Chapter 2 Executive Summary

Chapter 3 Global Nutraceuticals Market – Industry Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Rising non-communicable chronic diseases and healthcare expenditure drives the usage of nutraceuticals
3.2.1.2 Increasing demand for nutritional diet in developed countries
3.2.1.3 Nutraceuticals acts as an alternative to prescription and OTC drugs
3.2.2 Restraints
3.2.2.1 Increasing nutraceutical product prices hindering the market growth
3.2.2.2 Lack of awareness about nutraceuticals
3.2.3 Opportunities
3.2.3.1 Growing potential in the Asia Pacific market due to highest growth
3.2.3.2 Technological advancement in Nutraceuticals
3.2.3.3 Usage of nutraceuticals across new application areas
3.3 Global Market Attractiveness by Product Type
3.4 Market Positioning of Major Players (%), 2014

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