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Nutraceuticals Market

Nutraceuticals Market Size, Share and Segmentation by Type (Functional Beverage, Functional Food, and Dietary Supplements), by Form (Capsules and Tablets, Liquid, Powder, Others), by Sales Channel (Hypermarkets/Supermarkets, Specialty Stores, Pharmacies, and Online Channels), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/F&B/1998 | June 2022 | Region: Global | 130 Pages

Report Scope & Overview:

The Nutraceuticals Market Size was esteemed at USD 449.7 billion out of 2021 and is supposed to arrive at USD 841.2 billion by 2028, and develop at a CAGR of 9.36% over the forecast period 2022-2028.

Nutraceuticals are items that are arranged under food but on the other hand, are utilized for restorative purposes. They are otherwise called bioceuticals as they are produced using food materials and food removed. There are different sorts of Nutraceutical items accessible in the market that are utilized for various applications. As these items are viewed as food enhancements or added substances, they are unregulated in many regions of the planet. The interest in Nutraceuticals items is expanding quickly. The essential justification for the expansion sought after for nutraceuticals is the rising mindfulness in regards to the medical advantages of the utilization of nutraceuticals and Nutraceuticals supplements.

Nutraceuticals Market Revenue Graph

Furthermore, expansion in support of competitors in sports at public and global levels is supposed to help the interest for utilitarian refreshments. Developing an urbanized populace, expanding spending on the wellbeing-related items, and becoming cardiovascular, constant, and heftiness-connected infections are significantly driving the development of the useful food market. Utilitarian food is rich in wellsprings of omega-unsaturated fat, which assists with keeping up with the weight and controlling blood dissemination in the body.

It is a thorough umbrella term that is utilized to mark any item gained from food beginning with extra wellbeing benefits far beyond the fundamental nutritious worth accessible in food varieties. Nutraceuticals can be viewed as non-exact organic cures used to support general wellbeing, direct signs, and turn away harmful turns of events. The clarification of nutraceuticals and united yield for the most part depends on the beginning. Nutraceuticals can be fragmented on the underpinning of their regular premise, pharmacological conditions, as well as the compound design of the items. Most frequently nutraceuticals are coordinated in the accompanying classes: utilitarian food, dietary enhancements, drugs, and restorative food.

Market Dynamics:

Driving Factors:

  • Shopper mindfulness concerning homegrown items and food is on the ascent.

  • Shoppers are keeping away from compound fixings in their food, well-being food, useful food, proteins, and nutraceutical items.

Restraining Factors:

  • Troubles that producers face during the assembling system.

  • Extremely significant expense.

Opportunities:

  • Up-to-date sorts of nutraceuticals in the types of chewy candies, jams, and delicate gels.

  • They are accessible in a heap of shapes, sizes, flavors, and focuses.

Challenges:

  • The consequence of the extraction of fixings is an exceptionally insignificant measure of the fixing.

Impact of Covid-19:

Right after the COVID-19 pandemic, the interest in dietary enhancements and useful food varieties has taken off. Resistance supporting enhancements have become standard over the last year and this has prompted a huge change in purchasing behaviors and customer conduct. Besides, after the COVID-19 pandemic, preventive medical care estimates, for example, dietary enhancements will turn into a piece of individuals' daily existences. Subsequently, the COVID-19 pandemic across the globe has prepared nutraceuticals to fabricate serious areas of strength for an in the worldwide market.

Market Estimations:

By Type:

By type, the nutraceuticals market is separated into useful drinks, utilitarian food sources, and dietary enhancements. Utilitarian food sources are the most ordinarily devoured kinds of Nutraceuticals items and possess the biggest piece of the pie, while the practical refreshments are supposed to have the most elevated development toward the finish of the figure time frame.

By Form:

Contingent upon the structure, the nutraceuticals market is partitioned into cases and tablets, fluids, powders, and others. Containers and tablets are the most effective accessible land and the most broadly consumed types of nutraceuticals on the lookout and the others Nutraceuticals items are supposed to have the most noteworthy CAGR during the estimated time frame.

By Sales Channel:

By sales channel, the nutraceuticals market is separated into hypermarket/stores, specialty stores, drug stores, and online channels. Drug stores are the most well-known method for the acquisition of Nutraceuticals items and the portion of the internet-based channel is acquiring notoriety and is supposed to have the most elevated development.

Market Segmentation:

By Type:

  • Functional Beverage

    • Energy and Sports Drinks

    • Functional Juices

    • Others

  • Functional Food

    • Probiotics

    • Minerals

    • Proteins & Amino Acids

    • Prebiotics, & Dietary Fibers

    • Vitamins

    • Others

  • Dietary Supplement

    • Vitamins

    • Botanicals

    • Minerals

    • Proteins & Amino Acids

    • Fibers & Specialty Carbohydrates

    • Omega Fatty Acids

    • Others

By Form:

  • Capsule and Tablets

  • Liquid

  • Powder

  • Others

By Sales Channel:

  • Hypermarket/Supermarket

  • Specialty Stores

  • Pharmacy

  • Online Channels

Nutraceuticals Market Segment Chart

Regional Analysis

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

In Europe, the nutraceuticals market is driven by maturing worries among the old populace, this market is for the most part moved in France, Italy, Germany the United Kingdom, and Spain. Mounting strain from the customers, as well as administrative experts in Europe, are driving the requirement for nutraceutical items. Western Europe keeps on flourishing in nutraceutical deals principally through the wellbeing proficient drug store-based dispersion. The rising corpulence, cardiovascular illness, and weight sickness are supposed to lead the nutraceutical business in the conjecture period. Likewise, utilitarian filtered water is additionally filling in European nations. Deals were supported areas of strength for by for Coca-Cola's Glacéau Vitamin Water brand, and from expanding utilization during sports and exercise. Thusly, these variables are supposed to expand the utilization of nutraceutical items in European nations.

Key Players:

Archer Daniels Midland Company, BASF SE, Cargill, Inc., Danone, DuPont de Nemours, Inc., General Mills Inc., Koninklijke DSM N.V., Nestle S.A., PepsiCo, Inc., and Yakult Honsha Co., Ltd.

Nutraceuticals Market Report Scope
Report Attributes Details
Market Size in 2021 US$ 449.7 Billion
Market Size by 2028 US$ 841.2  Billion
CAGR CAGR 9.36% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Type (Functional Beverage, Functional Food, and Dietary Supplements)
• by Form (Capsules and Tablets, Liquid, Powder, Others)
• by Sales Channel (Hypermarkets/Supermarkets, Specialty Stores, Pharmacies, and Online Channels)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Archer Daniels Midland Company, BASF SE, Cargill, Inc., Danone, DuPont de Nemours, Inc., General Mills Inc., Koninklijke DSM N.V., Nestle S.A., PepsiCo, Inc., and Yakult Honsha Co., Ltd.
Drivers • Shopper mindfulness concerning homegrown items and food is on the ascent.
Market Restraints • Troubles that producers face during the assembling system.
•Extremely significant expense.


Frequently Asked Questions (FAQ) :

Ans: Type, Form, and Sales Channel segments are covered in the Nutraceuticals Market.

Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.

Ans: Europe has the biggest offer in the Nutraceuticals market.

Ans: Troubles that producers face during the assembling system and The consequence of the extraction of fixings is an exceptionally insignificant measure of the fixing are the restraining factors and challenges faced by the Nutraceuticals market.

Ans: The Global Nutraceuticals Market Size is supposed to develop at a CAGR of 9.36% over the forecast period 2022-2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 Covid 19 Impact Analysis

4.2 Impact of the Ukraine and Russia war

 

5. Value chain analysis

 

6. Porter’s 5 forces model

 

7. PEST analysis

 

8. Global Nutraceuticals Market segmentation, By Type

8.1 Functional Beverage

8.1.1 Energy and Sports Drinks

8.1.2 Functional Juices

8.1.3 Others

8.2 Functional Food

8.2.1 Probiotics

8.2.2 Minerals

8.2.3 Proteins & Amino Acids

8.2.4 Prebiotics, & Dietary Fibers

8.2.5 Vitamins

8.2.6 Others

8.3 Dietary Supplement

8.3.1 Vitamins

8.3.2 Botanicals

8.3.3 Minerals

8.3.4 Proteins & Amino Acids

8.3.5 Fibers & Specialty Carbohydrates

8.3.6 Omega Fatty Acids

8.3.7 Others

 

9. Global Nutraceuticals Market segmentation, By Form

9. 1 Capsule and Tablets

9.2 Liquid

9.3 Powder

9.4 Others

 

10. Global Nutraceuticals Market segmentation, By Sales Channel

10.1 Hypermarket/Supermarket

10.2 Specialty Stores

10.3 Pharmacy

10.4 Online Channels

 

11. Global Nutraceuticals Market, by region/ country

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12. Company profiles

12.1 Archer Daniels Midland Company

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 Swot Analysis

12.1.4 The SNS View

12.2 BASF SE, Cargill, Inc.

12.3 Danone

12.4 DuPont de Nemours, Inc.

12.5 General Mills Inc.

12.6 Koninklijke DSM N.V.

12.7 Nestle S.A.

12.8 PepsiCo, Inc.

12.9 Yakult Honsha Co., Ltd.

 

13. Competitive Landscape

13.1 Competitive Bench Marking

13.2 Market Share Analysis

13.3 Recent Developments

 

14. Conclusion

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Secondary Research

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