The UK nutraceuticals market is anticipated to grow at a CAGR of 6.8% over the forecast period (2020-2026). The key factors that drive the growth of the market include the awareness related to health, high prevalence of chronic diseases, and easy availability of nutraceuticals. Besides the government regulations also impacts the growth of the UK nutraceuticals industry over the forecast period. In UK, food supplements including nutraceuticals are regulated under food law- Food Safety Act of 1990. Most of the food laws in the UK are similar to the EU and have been included in the country’s law.
Browse the full report description UK Nutraceuticals Market Size, Share & Trends Analysis Report by Product Type (Functional Food, Functional Beverage, and Dietary Supplements), and by Distribution Channel (Retail & Supermarkets and Online Platform) Forecast, 2020-2026 at https://www.omrglobal.com/industry-reports/uk-nutraceuticals-market
In the UK, (similar to the EU) beneficial claims related to the benefits of food supplements for marketing can be made by a company whether it is a specific health claim or a nutrition claim. Further, the consumption of dietary supplements by the people as additional nutrition also positively impacts the market growth. In September 2018, a survey was conducted by the Food Standard Agency on more than 2,000 UK consumers (16+ years). Out of this, 59% of the consumers were taking some kind of vitamin, mineral, or other supplement product at some point during 2018. The Department of Health and Social Care also recommends certain supplements such as vitamins A, C, and D to all children aged 6 months to 5 years which positively affects the market growth.
Market Coverage
Key questions addressed by the report
UK Nutraceuticals Market – Segmentation
By Product Type
By Distribution Channel
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