North america nutraceuticals product market

Nutraceuticals are used in various functional beverages, functional foods, and dietary supplement products.

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Nutraceuticals can be an opportunity for economic growth for many developing countries endowed with rich biodiversity and traditional knowledge of the health effects of certain indigenous plant species. MarketWatch Partner Center. Key strategies adopted by these players include product launches, joint ventures, acquisitions, partnership, expansion, collaboration, and investments. Moreover, the advancing per capita income, which helps in physical fitness and mental well-being, is fueling the growth of this market. The nutraceutical ingredients market is projected to grow at a CAGR of 7. Demand from developing economies, particularly India, China, Brazil, and South Korea, has been rising with increasing focus on health and wellbeing. Nutraceuticals provide health and medicinal benefits and enhance basic nutritive value of food. North America has the highest market share for nutraceutical product market, which is primarily supported by the U.

High birth rate, growing geriatric population, increasing number of premature births, and a surge in the number of people falling prey to malnutrition are factors expected to promote the usage of clinical nutrition products over the forecast period.

Various distribution channels used in nutraceuticals market include direct supply agreements and third-party contracts.

nutraceutical global market pdf

Key Deliverables in the Study Analysis of the North America nutraceutical industry, with region-specific assessments and competition analysis on North American and country scale.

The North America and Asia Pacific nutraceutical market is expected to have a market share of These help maintain gut health, weight, support immune system, beauty-from-within, and heart health.

An increasing number of local and global players are functioning through large distribution networks worldwide. China, India, and Brazil are expected to witness above average growth over the forecast period because of increasing investments by manufacturers.

New nutraceutical products in market

Consumption of these supplements can reduce total and low-density lipoprotein LDL cholesterol content, thus reducing the risk of cardiac diseases. This may fuel the demand for dietary supplements and nutraceuticals over the forecast period. North America enjoyed the highest market share for nutraceutical products at USD Increasing occurrence of chronic diseases and high healthcare costs are expected to boost the demand for nutraceuticals over the forecast period. High birth rate, growing geriatric population, increasing number of premature births, and a surge in the number of people falling prey to malnutrition are factors expected to promote the usage of clinical nutrition products over the forecast period. In addition, the functional beverages market is expected to have a steady growth rate during the forecast period as it has brought a new dimension in the sports drinks, and ready-to-drink segments. This diversification, in conjunction with the increased distribution channels, continues to fuel the consumer demand. The incorporation will help Cargill to expand its business in the Middle East. The global Nutraceutical market is growing majorly on account of growth in dietary supplement segment. To understand key trends, Download Sample Report Functional Beverages Remain the Fastest Growing Segment Functional beverages improve hydration, prevent and help to address health conditions, aid athletic performance, and contribute to the nutritional well-being. Factors such as demand for natural weight loss products and affluence of working population with changing lifestyles and dietary patterns are expected to drive the regional sales of nutraceuticals during the forecast period. Global trends are leaning toward personalized nutrition, wherein nutraceuticals are expected to play a major role. The US is estimated to hold a significant market share in the North American region due to growing health issues among aging population and a growing need for health promoting diet. Nutraceuticals are referred to dietary supplements which majorly includes vitamins and minerals supplement, herbal supplements, and protein supplements.

Over the years, FF fortified and functional beverages have become specific and are tailored according to health benefits, gender, and age.

Manufacturers have also adopted the practice of conducting extensive research to develop innovative products in terms of nutrition content and flavor.

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Latin america nutraceutical product market by Dawid walker