Thu, 21 Oct 2021

According to IMARC Group's latest report, titled "Nutraceuticals Market Report: COQ10, Probiotics/Prebiotics, Taurine, Omega-3, Green Tea, Antioxidants, Calcium, Lycopene, B-Complex, Dietary Fiber, Collagen, Aloe Vera and Zinc", the global nutraceuticals market reached a value of US$ 285.2 Billion in 2019. Nutraceuticals comprise functional food products, phytochemicals, herbal remedies, and dietary and genetically modified (GMO) supplements fortified with vitamins and other nutrients. They offer nutrition and therapeutic benefits, such as improving health, delaying aging, increasing life expectancy, protecting against chronic diseases, and supporting the structure or function of the body. As a result, they are gaining traction as an alternative to pharmaceuticals for the treatment of oxidative stress-related disorders like obesity, allergies, cancer, diabetes, and Alzheimer's and Parkinson's disease.

Nutraceuticals Market

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The growing prevalence of different medical conditions, along with the rising consumer inclination towards functional consumables that are manufactured using natural ingredients, represents one of the key factors influencing the demand for nutraceuticals. Moreover, the increasing trend of gym culture is catalyzing the demand for protein-based diets and dietary supplements, which is bolstering the market growth. Apart from this, the rising premature aging issues among a significant part of the young population due to hectic schedules and stress, in confluence with the increasing beauty consciousness, are anticipated to influence the market positively. Looking forward, IMARC Group expects the global nutraceuticals market to exhibit moderate growth during 2020-2025.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

  • PepsiCo Inc.
  • Coca Cola
  • Otsuka
  • Yakult Honsha
  • Danone
  • GlaxoSmithKline
  • Cadbury
  • Morinaga
  • Nestle
  • Kirin Brewery

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We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:

  • Market Performance (2014-2019)
  • Market Outlook (2020-2025)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC's information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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