Nutraceutical Products - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Nutraceutical Products Market is accounted for $249.54 billion in 2018 and is expected to reach $551.00 billion by 2027 growing at a CAGR of 9.2% during the forecast period. Increasing ageing population and focus on preventive healthcare, increased cost of healthcare and rapid growth in retail are the major factors driving the market growth. However, the higher cost for fortified food products is restraining market growth.
Nutraceutical item is nourishment or arranged nourishment item that not just dietary enhancements the eating routine anyway likewise helps with treating or forestalling issue (other than iron deficiency), so gives therapeutic focal points. Nutraceuticals are not inspected and synchronized to the degree of pharmaceutical medications.
Based on the type, the food segment is likely to have a huge demand due to increasing trend of on-the-go snacking, the rising demand for nutritional food products and improved quality, texture, nutritive value, and shelf-life of snack products. By geography, the Asia Pacific will have a moneymaking increment during the conjecture length as occupied presence has prompted an expansion inside the utilization of comfort dinners product and quick budgetary development in countries of various districts have prompted a flood sought after for sustained dietary suppers and drink stock in the area.
Some of the key players profiled in the Nutraceutical Products Market include Amway, Conagra, General Mills, Freedom Foods Group Limited, Kraft Heinz Company, Pfizer Inc., Hero Group, The Hain Celestial Group, Nature’s Bounty, Raisio Group, Kellogg's, Nestlé, and Barilla.
• Dietary Supplements
• Personal Care and Pharmaceuticals
• Phytochemicals & Plant Extracts
• Omega-3 Fatty Acids
• Fibers & Specialty Carbohydrates
• Proteins & Amino Acids
• Other Sources
Distribution Channels Covered:
• Drugstores & Pharmacies
• Speciality Stores
• Conventional Stores
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Comprehensive profiling of additional market players (up to 3)
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• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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