Increasing demand for preventive health care expected to fuel growth of nutraceuticals market and projected to open new opportunities

Market Outlook

Health is a point of concern for most of the people before consumption of any food or beverage. With the growing awareness regarding health, there is an increase in the number of people that prefer consuming foods that provide health benefits along with nutrients.

Nutraceuticals are food items that possess some kind of medicinal properties along with nutritional value. There is a rapid increase in popularity as well as the demand for nutraceuticals.

Request for Sample https://www.factmr.com/connectus/sample?flag=S&rep_id=2548

Nutraceuticals usually consist of natural ingredients that provide health benefits to the consumers and are not synthesized chemicals for a particular purpose.

The nutraceutical may be used as food additives in order to increase the value of foods or beverages or consumed separately in order to supplement the food. With the increasing popularity and awareness about their benefits, the global nutraceutical market is expected to grow positively during the forecast period.

Growing Awareness Regarding the Benefits of Nutraceuticals

There is a rapid increase in the demand for nutraceuticals due to their nutritional as well as medicinal properties. Rising awareness regarding consumption of healthy food and increasing number of health-conscious people are the major factors expected to drive the growth of the nutraceuticals market.

The increasing demand for preventive health care and rising cost of health care are factors expected to fuel the demand for nutraceuticals. Growing awareness regarding the benefits of nutraceutical is expected fuel the growth of the global nutraceutical market in terms of value as well as volume over the forecast period.

Request Full Report With TOC https://www.factmr.com/connectus/sample?flag=T&rep_id=2548

Global Nutraceutical Market: Segmentation

On the basis of type, the global nutraceutical market has been segmented into:

  • Functional Food
    • Probiotics Fortified Food
    • Omega Fatty Acid Fortified Food
    • Fortified Flour
    • Ionized Salts
    • Others
  • Functional Beverages
    • Vegetable and Fruit Drinks and Juices
    • Non- carbonated Drinks
    • Dairy Drinks
    • Others
  • Dietary Supplements
    • Proteins
    • Vitamins
    • Herbal
    • Others
  • Personal Care

On the basis of form, the global nutraceutical market has been segmented into:

  • Powder
  • Liquid
  • Tablets
  • Capsules
  • Semi-Solid Pills

Global Nutraceutical Market: Key Players

The global nutraceutical market is growing at a robust pace. Examples of some of the key players operating in the global nutraceutical market are Nestle, Cargill, PepsiCo Inc., Amway Enterprises, General Mills, Inc., Herbalife International Inc., Kellogg Co., Marlyn Nutraceuticals, Yakult Honsha Co. Ltd., and Royal DSM.

Opportunities for Market Participants

The nutraceutical market is robustly growing creating many opportunities for market participants. The players operating in the market are focusing on to introduce new and innovative nutraceutical products in order to increase their product portfolio and market presence.

There is a rising demand for natural products and thus manufacturers have opportunities for launching nutraceutical products with natural ingredients and increase their product sale.

There is a rising demand for health supplements from population below age 40, the manufacturers can target a particular group of the population and meet their nutraceutical product requirements.

Click here to Pre Book Report  https://www.factmr.com/checkout/2548/S

There is a growing trend for personalized medicines, launching customized nutraceutical products for a particular age group or certain region can help to boost the market. With increasing opportunities and launch of innovative nutraceutical products, the nutraceutical market is expected to grow positively during the forecast period.

Global Nutraceutical Market: Regional Outlook

The global nutraceutical market can be regionally segmented into North America, Latin America, Asia-Pacific, Europe, and MEA. North America currently dominates the global nutraceutical market and is expected to follow the same trend during the forecast period due to the growing geriatric population looking for health supplements.

The nutraceutical market in Europe, with Germany and France being the major consumers of nutraceutical, is projected to grow at a significant rate during the forecast period. Asia-Pacific is expected to be the fast-growing market due to increasing demand for functional food in China, India, and Japan.

The nutraceutical markets in Latin America and MEA are also expected to witness significant growth due to growing urbanization in South America, Brazil, Mexico, and other countries.

For More Insights: http://www.globenewswire.com/en/news-release/2018/02/15/1348698/0/en/9-Key-Future-Prospects-of-Foodservice-Packaging-Market-for-Forecast-Period-2017-2026.html

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Leave a comment

Your email address will not be published. Required fields are marked *