The market for nutraceuticals is growing at a modest rate due to emerging demand from food & beverages, pharmaceuticals, dietary supplements and other industries. The growing demand for vitamins and minerals-enriched herbal shampoos, creams and other related products will boost the market growth. Nutraceuticals market by functional foods is enriched with proteins and variety of flavors with herb blends, yogurts (probiotics) and soy. Nutraceuticals used in dietary supplements such as capsules, tablets, cream and liquids are increasingly adopted for health benefits and maintenance of healthy physique. Nutraceutical ingredients which include prebiotics, probiotics, fibers, amino acids, structured lipids Omega 3, vitamins, proteins and minerals are adopted across the globe for their utility and positive results. According to OMR analysis, global nutraceuticals market is predicted to grow at a CAGR of 7.2% during 2018-2023.
The factors driving the nutraceuticals market include rising awareness and growing demand for healthy food and dietary supplement among health-conscious individuals. With the improving standard of living the demand for healthy and nutritional food will grow significantly during the forecast period. Preference for nutritional value of the food will boost the nutraceutical market across the globe. All these factors are proving to be a good boost to the nutraceuticals market. Consumers these days are going for food that have more as an energy supplement rather than conventional eatery. This growing interest towards the composition of the foods are forcing the manufacturers to include high nutritive content. However, the high cost of the products might act as a restricting factor for the nutraceuticals market.
North America stood as a leader in terms of market share in 2017 due to significant adoption of nutraceutical products across the region. It is expected to continue as the leader during the forecast period on the geographical forefront. The key factors contributing in the growth includes rising awareness level among the inhabitants about healthy food and hazardous lifestyle diseases. Growing number of health-conscious people in North America will add to its glory. Furthermore, APAC is expected to hold the second position in terms of market share during the forecast period. APAC is expected to witness significant growth in the market due to increasing demand in countries such as China and India.
Some of the major players operating in the nutraceuticals market include BASF SE, World. Cargill, Incorporated, Royal DSM N.V., Nestle S.A., PepsiCo Inc., Archer Daniels Midland Company Aland (Jiangsu) Nutraceutical Co., Ltd., and General Mills, Inc. The underlying lucrative market opportunities are motivating these players to take strategic initiatives to stay competitive in the market. These companies are trying to expand their presence in the global nutraceuticals market by adopting various strategies such as joint ventures, M&A, partnerships, collaboration, product launch and so forth.
Market Segmentation
The Report Covers
CHAPTER 1. REPORT SUMMARY
1.1. RESEARCH METHODS AND TOOLS
1.2. MARKET BREAKDOWN
1.2.1. BY SEGMENTS
1.2.2. BY GEOGRAPHY
1.2.3. BY STAKEHOLDERS
CHAPTER 2. MARKET OVERVIEW AND INSIGHTS
2.1. DEFINITION
2.2. ANALYST INSIGHT & CURRENT MARKET TRENDS
2.2.1. KEY FINDINGS
2.2.2. RECOMMENDATION
2.2.3. CONCLUSION
2.3. REGULATION
2.3.1. UNITED STATES
2.3.2. EUROPEAN UNION
2.3.3. CHINA
2.3.4. INDIA
2.3.5. REST OF THE WORLD
CHAPTER 3. MARKET DETERMINANT
3.1. MOTIVATORS
3.1.1. RISING LIFE STYLE ORIENTED DISEASES ACROSS THE GLOBE
3.1.2. GROWING NEED TO REPLACE OTC AND PRESCRIBED DRUGS
3.1.3. GLOBAL SHIFT TOWARDS ENERGY SUPPLEMENTS
3.1.4. RISING DISPOSABLE INCOME IN EMERGING ECONOMIES
3.1.5. R&D INVESTMENT IN NUTRACEUTICALS
3.2. RESTRAINT
3.2.1. HIGH COST
3.2.2. LACK OF AWARENESS TO SHIFT FROM TRADITIONAL DRUGS TO NUTRACEUTICALS
3.3. OPPORTUNITY
3.3.1. STRONG PRODUCT PIPELINE WILL BOOST THE MARKET GROWTH IN NEAR FUTURE
3.3.2. GROWING ADOPTION OF NUTRACEUTICAL IN VARIED DOMAIN
3.3.3. EMERGING APAC REGION IS EXPECTED TO CREATE DEMAND FOR NUTRACEUTICAL MARKET
CHAPTER 4. MARKET SEGMENTATION
4.1. GLOBAL NEUTRACEUTICALS MARKET, BY TYPE
4.1.1. PERSONAL CARE
4.1.2. PHARMACEUTICAL
4.1.3. FUNCTIONAL BEVERAGES
4.1.4. FUNCTIONAL FOOD
4.1.5. DIETARY SUPPLEMENTS
CHAPTER 5. COMPETITIVE LANDSCAPE
5.1. KEY STRATEGIES
5.2. KEY COMPANY ANALYSIS
CHAPTER 6. REGIONAL ANALYSIS
6.1. NORTH AMERICA
6.1.1. UNITED STATES
6.1.2. CANADA
6.2. EUROPE
6.2.1. UK
6.2.2. GERMANY
6.2.3. FRANCE
6.2.4. ITALY
6.2.5. SPAIN
6.2.6. REST OF EUROPE
6.3. APAC
6.3.1. INDIA
6.3.2. CHINA
6.3.3. JAPAN
6.3.4. REST OF APAC
6.4. REST OF THE WORLD
CHAPTER 7. COMPANY PROFILES
7.1. ALAND (JIANGSU) NUTRACEUTICAL CO., LTD.
7.2. ARCHER DANIELS MIDLAND COMPANY
7.3. BASF SE
7.4. CARGILL, INCORPORATED
7.5. DIVIS NUTRACEUTICALS
7.6. E. I. DU PONT DE NEMOURS AND COMPANY
7.7. FLUXOME
7.8. GENERAL MILLS, INC.
7.9. GROUPE DANONE S.A.
7.10. MARLYN NUTRACEUTICALS
7.11. MATSUN NUTRITION
7.12. MEDISYN TECHNOLOGIES
7.13. NUTRABELLA
7.14. OMANA GROUP
7.15. PEPSICO INC.
7.16. PROVEXIS
7.17. SMART BALANCE INC.
7.18. SPORT NUTRITION LAB
7.19. ST PAUL BRANDS
7.20. SUANFARMA
LIST OF TABLES
TABLE # 1 GLOBAL NUTRACEUTICALS MARKET RESEARCH AND ANALYSIS, BY PRODUCT TYPE, 2017-2023 ($ MILLION)
TABLE # 2 GLOBAL PERSONAL CARE MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 3 GLOBAL PHARMACEUTICAL MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 4 GLOBAL FUNCTIONAL BEVERAGES MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 5 GLOBAL FUNCTIONAL FOOD MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 6 GLOBAL DIETARY SUPPLEMENT MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
TABLE # 7 NORTH AMERICA NUTRACEUTICALS MARKET RESEARCH AND ANALYSIS, BY PRODUCT TYPE 2017-2023 ($ MILLION)
TABLE # 8 EUROPE NUTRACEUTICALS MARKET RESEARCH AND ANALYSIS, BY PRODUCT TYPE 2017-2023 ($ MILLION)
TABLE # 9 ASIA PACIFIC NUTRACEUTICALS MARKET RESEARCH AND ANALYSIS, BY PRODUCT TYPE 2017-2023 ($ MILLION)
TABLE # 10 REST OF THE WORLD NUTRACEUTICALS MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
LIST OF FIGURES
FIGURE # 1 GLOBAL NUTRACEUTICALS MARKET SHARE BY PRODUCT TYPE, 2017 & 2023 (IN %)
FIGURE # 2 GLOBAL NUTRACEUTICALS MARKET SHARE BY GEOGRAPHY, 2017 & 2023 (IN %)
FIGURE # 3 NORTH AMERICA NUTRACEUTICALS MARKET SHARE, 2017-2023($ MILLION)
FIGURE # 4 UNITED STATES NUTRACEUTICALS MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 5 CANADA NUTRACEUTICALS MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 6 EUROPE NUTRACEUTICALS MARKET SIZE, 2017-2023($ MILLION)
FIGURE # 7 UK NUTRACEUTICALS MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 8 GERMANY NUTRACEUTICALS SIZE, 2017-2023 ($ MILLION)
FIGURE # 9 FRANCE NUTRACEUTICALS SIZE, 2017-2023 ($ MILLION)
FIGURE # 10 ITALY NUTRACEUTICALS SIZE, 2017-2023 ($ MILLION)
FIGURE # 11 ROE NUTRACEUTICALS SIZE, 2017-2023 ($ MILLION)
FIGURE # 12 ASIA PACIFIC NUTRACEUTICALS MARKET SHARE, 2017-2023($ MILLION)
FIGURE # 13 CHINA NUTRACEUTICALS MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 14 INDIA NUTRACEUTICALS MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 15 JAPAN NUTRACEUTICALS MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 16 REST OF ASIA PACIFIC (ROAPAC) NUTRACEUTICALS MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 17 REST OF WORLD (ROW) NUTRACEUTICALS MARKET SHARE, 2017-2023 ($ MILLION)