30th
October: This
Report Studies the Global Nutraceuticals
Market size, industry status and forecast, competition landscape and growth
opportunity. This Research Report
categorizes the Global Nutraceuticals Industry by Companies, Region,
Application, Type and end-use Industry.
Global Nutraceuticals
Market is expected to grow at a significant CAGR in the upcoming
years as the scope and its applications are increasing across the globe. The
factors that propel the growth of the Nutraceuticals Industry include
increasing demand, rapid urbanization & industrialization, and product
development & technological innovations. In addition, some of the key
factors that impel the market growth include growing awareness regarding
health, changing standard of living, rise in disposable income and increasing
geriatric population.
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On the other hand, risk of ingredients and raw material
contamination may pose a threat to the growth of the market. Nutraceuticals
Market is classified on the basis of product type, ingredients, applications,
end users, distribution channel and geography. This market is segmented by
product type as Functional Food, Dietary Supplements, Functional Beverages, and
others.
Nutraceuticals Industry is categorized by ingredients as Vitamins
and Minerals, Protein and Peptides, Fiber, Probiotics, Omega-3, and others.
This industry is classified on applications as Sports and Energy, General
Wellness, Weight Management, GiAnd Digestive Health, Beauty and Anti-Aging,
Memory And Mental Health, Heart Health, Type 2 Diabetes, and others.
Nutraceuticals Market is categorized by end user as young and old.
Nutraceuticals Industry is segmented by distribution channel as online stores,
specialty stores and others. This market is classified on the basis of
geography as North America, Latin America, Western Europe, Eastern Europe, Asia
Pacific, Japan and Middle East and Africa.
The North American region consists of the U.S., and Canada. Latin
America region consists of Mexico and Brazil. The Western European region
consists of Germany, Italy, France, England and Spain. The Eastern European
region consists of Poland and Russia. Asia Pacific region consists of China,
India, ASEAN, and Australia & New Zealand. The Middle East and African
region consists of GCC, South Africa and North Africa. In case of geographical
region, North America was expected to account a major share in the
Nutraceuticals Market. On the other hand, Asia Pacific market will develop
rapidly owing to rapid industrialization, rise in disposable income and
emerging economies like India and China.
Some of the key players that fuel the growth of the Nutraceuticals
Industry include ADM, GlaxosmithKline, DSM Nutritional Products, Cargill,
Nestle, BASF, Dupont, and others. The other prominent players operating in the
Nutraceuticals Market include Abbott Nutrition, Mission Vivacare, Perrigo,
Bactolac Pharmaceuticals, Danone, Natural Remedies, Bayer, NBTY, Elders Pharmaceuticals,
Nature's Sunshine, Fitlife Brands, Bio Correx, Eternal Lifestyles, and
others. The key players are focusing on
inorganic growth to sustain themselves amidst fierce competition. As such,
mergers, acquisitions, and joint ventures are the need of the hour.
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