Dublin–(business wire)–“Nutraceuticals Market Size, Share & Trend Analysis Report, By Product (Dietary Supplements, Functional Foods, Functional Beverages), By Regions (North America, Europe, APAC, CSA, MEA), And Segment Forecasts, 2021-2030” report added of ResearchAndMarkets.com Recruitment.
The global nutritional supplement market is expected to reach USD 991.09 billion by 2030. From 2021 he is expected to expand at a CAGR of 9.0% through 2030. India is expected to boost adoption in the health and wellness sector, which in turn will have a significant impact on the industry.
Dietary supplements are products that provide health benefits and additional nutrition to the human body. Composed of fortified nutrients that promote the consumer’s complete health, including taurine, CoQ10, omega-3, calcium, zinc and antioxidants. These nutrients are even more helpful in avoiding medical conditions such as high blood pressure, diabetes, heart disease, and allergies. Demand for is soaring worldwide.
The growing trend among consumers to change their diet is likely to increase the demand for dietary supplements. Consumer belief that inadequate diets lead to increased costs of medicines is expected to boost demand for dietary supplements. is also helpful.
Rising disposable income, increasing consumer awareness of health issues, and rapid urbanization are likely to drive market growth in the projected years. A positive outlook for medical nutrition is expected to drive the demand for the product, owing to the high prevalence of weight management programs in addition to cardiovascular disease.
The rise and evolution of health-conscious diets such as the keto and paleo diets have led food manufacturers to offer products in this direction. Functional foods such as probiotics and omega-3s are often used in yogurt and fish oil to reduce the risk of cardiovascular disease and improve the quality of the gut flora. years to come.
Nutraceutical Market Report Highlights
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In the functional food segment, the prebiotics and probiotics segment is projected to witness significant growth during the forecast period. This is because the majority of food manufacturing companies use probiotics as their main ingredient to provide better nutrition and reduce health problems caused by harmful bacteria.
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Due to growing consumer interest in the relationship between diet and health, vitamins and minerals will account for a large revenue share in 2021. This has increased the demand for the product.
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Within the dietary supplement products segment, vitamins emerged as the largest segment in 2021. This segment is expected to grow significantly in the coming years.
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In terms of products, the functional food segment accounted for the largest revenue share in 2021. Rising healthcare costs, coupled with rising geriatric population worldwide, is expected to boost the growth of the segment during the forecast period.
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Asia-Pacific held the largest revenue share in 2021. Expansion of retail chains in countries such as India, Japan and China has increased the consumption rate of nutritional supplements and functional foods in the region.
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The market is a highly competitive landscape. Major market players dominate the market space, focusing on various strategic initiatives such as mergers and acquisitions, product innovation, and portfolio expansion.
Main topics:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
3. Dietary Supplements Market Variables, Trends and Scope
Chapter 4 Dietary Supplements Market: Product Estimation and Trend Analysis
5. Dietary Supplements Market: Dietary Supplements Quotations and Trend Analysis
Chapter 6 Dietary Supplements Market: Functional Food Analysis, 2021 and 2030
Chapter 7 Dietary Supplements Market: Functional Beverage Analysis, 2021 and 2030
8. Dietary Supplements Market: Regional Forecast and Trend Analysis
9. Dietary Supplements Market: Competitive Analysis
Chapter 10 Company Profile
companies mentioned
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Cargill
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Archer Daniels Midland Company
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dupont
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Nestlé SA
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Danone
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Royal DSM NV
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General Mills
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Inophos
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WR Grace
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Amway Inc.
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AOR Canada
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Arkopharma Laboratories SA
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Bactrack Pharmaceuticals, Inc.
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EID Parry Co., Ltd.
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valenca international
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Nutrition of Matsun
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Mead Johnson Nutrition Company
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Natrol Co., Ltd.
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The Hine Celestial Group
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Herbalife Co., Ltd.
For more information on this report, please visit https://www.researchandmarkets.com/r/4nsm4l.
