Nutraceuticals Market
Nutraceuticals Market - Global Industry Assessment & Forecast
Segments Covered
- By Products Dietary Supplements, Functional Foods, Functional Beverages
- By Dietary Supplement Products Vitamins, Botanicals, Minerals, Proteins & Amino Acids, Fibers & Specialty Carbohydrates, Omega Fatty Acids, Other Dietary Supplement Products
- By Functional Food Products Carotenoids, Dietary Fibers, Fatty Acids, Minerals, Prebiotics & Probiotics, Vitamins, Other Functional Food Products
- By Functional Beverages Product Energy Drinks, Sports Drinks, Functional Juices, Other Functional Beverages Products
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 490.24 Billion |
Revenue 2030: | USD 955.52 Billion |
Revenue CAGR (2023 - 2030): | 8.70% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Nutraceuticals Market Segment Analysis
- Nutraceuticals Products Outlook (Revenue, USD Million, 2018 - 2030)
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Nutraceuticals Dietary Supplement Products Outlook (Revenue, USD Million, 2018 - 2030)
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Nutraceuticals Functional Food Products Outlook (Revenue, USD Million, 2018 - 2030)
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Nutraceuticals Functional Beverages Product Outlook (Revenue, USD Million, 2018 - 2030)
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
-
North America Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
-
North America Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
-
North America Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- U.S.
- U.S. Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- U.S. Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- U.S. Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- U.S. Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- U.S. Nutraceuticals Market, by Products
- Canada
- Canada Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Canada Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Canada Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Canada Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Canada Nutraceuticals Market, by Products
-
Mexico
- Mexico Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Mexico Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Mexico Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Mexico Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Mexico Nutraceuticals Market, by Products
-
North America Nutraceuticals Market, by Products
- Europe
-
Europe Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
-
Europe Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
-
Europe Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
-
Europe Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- U. K.
- U.K. Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- U.K. Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- U.K. Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- U.K. Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- U.K. Nutraceuticals Market, by Products
- France
- France Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- France Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- France Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- France Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- France Nutraceuticals Market, by Products
-
Germany
- Germany Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Germany Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Germany Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Germany Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Germany Nutraceuticals Market, by Products
-
Italy
- Italy Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Italy Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Italy Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Italy Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Italy Nutraceuticals Market, by Products
-
Spain
- Spain Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Spain Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Spain Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Spain Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Spain Nutraceuticals Market, by Products
-
Rest of Europe
- Rest of Europe Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Rest of Europe Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Rest of Europe Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Rest of Europe Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Rest of Europe Nutraceuticals Market, by Products
-
Europe Nutraceuticals Market, by Products
- Asia Pacific
-
Asia Pacific Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
-
Asia Pacific Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
-
Asia Pacific Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
-
Asia Pacific Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- China
- China Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- China Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- China Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- China Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- China Nutraceuticals Market, by Products
- Japan
- Japan Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Japan Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Japan Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Japan Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Japan Nutraceuticals Market, by Products
-
Germany
- Germany Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Germany Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Germany Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Germany Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Germany Nutraceuticals Market, by Products
-
India
- India Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- India Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- India Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- India Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- India Nutraceuticals Market, by Products
-
South Korea
- South Korea Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- South Korea Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- South Korea Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- South Korea Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- South Korea Nutraceuticals Market, by Products
-
South East Asia
- South East Asia Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- South East Asia Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- South East Asia Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- South East Asia Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- South East Asia Nutraceuticals Market, by Products
-
Rest of Asia Pacific
- Rest of Asia Pacific Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Rest of Asia Pacific Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Rest of Asia Pacific Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Rest of Asia Pacific Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Rest of Asia Pacific Nutraceuticals Market, by Products
-
Asia Pacific Nutraceuticals Market, by Products
- Latin America
-
Latin America Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
-
Latin America Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
-
Latin America Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
-
Latin America Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Brazil
- Brazil Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Brazil Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Brazil Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Brazil Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Brazil Nutraceuticals Market, by Products
- Argentina
- Argentina Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Argentina Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Argentina Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Argentina Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Argentina Nutraceuticals Market, by Products
-
Rest of Latin America
- Rest of Latin America Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Rest of Latin America Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Rest of Latin America Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Rest of Latin America Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Rest of Latin America Nutraceuticals Market, by Products
-
Latin America Nutraceuticals Market, by Products
- Middle East & Africa
-
Middle East & Africa Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
-
Middle East & Africa Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
-
Middle East & Africa Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
-
Middle East & Africa Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- GCC Countries
- GCC Countries Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- GCC Countries Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- GCC Countries Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- GCC Countries Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- GCC Countries Nutraceuticals Market, by Products
- South Africa
- South Africa Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- South Africa Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- South Africa Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- South Africa Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- South Africa Nutraceuticals Market, by Products
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Nutraceuticals Market, by Products
- Dietary Supplements
- Functional Foods
- Functional Beverages
- Rest of Middle East & Africa Nutraceuticals Market, by Dietary Supplement Products
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Other Dietary Supplement Products
- Rest of Middle East & Africa Nutraceuticals Market, by Functional Food Products
- Carotenoids
- Dietary Fibers
- Fatty Acids
- Minerals
- Prebiotics & Probiotics
- Vitamins
- Other Functional Food Products
- Rest of Middle East & Africa Nutraceuticals Market, by Functional Beverages Product
- Energy Drinks
- Sports Drinks
- Functional Juices
- Other Functional Beverages Products
- Rest of Middle East & Africa Nutraceuticals Market, by Products
-
Middle East & Africa Nutraceuticals Market, by Products
- North America
FAQ
Frequently Asked Question
What is the global demand for Nutraceuticals in terms of revenue?
-
The global Nutraceuticals valued at USD 490.24 Billion in 2022 and is expected to reach USD 955.52 Billion in 2030 growing at a CAGR of 8.70%.
Which are the prominent players in the market?
-
The prominent players in the market are Cargill Incorporated (U.S.), Archer Daniels Midland Company (U.S.), DuPont (U.S.), Nestle S.A. (Switzerland), Danone (France), Royal DSM N.V (Netherlands), General Mills (U.S.), Innophos (U.S.), WR Grace (U.S.), Amway Corporation (U.S.), AOR Canada (Canada), Arkopharma Laboratories S.A (France), Bactolac Pharmaceuticals Inc (New York), E.I.D Parry Ltd (India), Valensa International (U.S.), Matsun Nutrition (U.S.), Mead Johnson Nutrition Company (U.S.), Natrol Inc (U.S.), The Hain Celestial Group Inc (U.S.), Herbalife Ltd (U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.70% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Nutraceuticals include
- Increase in demand for functional food in developing nations
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Nutraceuticals in 2022.