Nutraceutical Products Market Overview To 2027

1. Nutraceutical Products Market To Reach USD 431.1 Billion By 2026

2. Market Summary The major driving factors in nutraceutical products market are growth in the demand for fortified food owing to the increasing health consciousness amongst consumers, increasing incidences of chronic diseases and mandates on food fortification by government organizationsMarket Size – USD 253.0 Billion in 2018, Market Growth - CAGR of 7.1%, Market Trends – Higher costs of fortified products dissuading large-scale usage and adoption is a key restraintAccording to the current analysis of Reports and Data, the global nutraceutical products market was USD 253.0 Billion in 2018 and is projected to grow at a CAGR of 7.1% from 2019 to 2026. A variety of terms have appeared worldwide, such as nutraceuticals, medifoods, vitafoods, functional foods, and the more traditional dietary supplements and fortified foods. However, the term functional foods have become the predominant one even though several organizations have attempted to differentiate this emerging food category. Nutraceutical products are considered as the food or a part of food that delivers nutritional value to the diet. It is also called as a functional food that contains standardized nutrient and pharmaceutical-grade. These supplements act as source for a dietary supplement to the body through diet & works to prevent diseases. With cumulative educational level, people are becoming ready to accept diverse types of food & beverages that have added nutritional supplements. Hence with this change, nutraceutical products are gaining a traction across the world. www.reportsanddata.com

3. The Asia Pacific region is anticipated to be the fastest-growing market during the forecast period with a CAGR of 8.0%. An increasingly hectic pace of life is now becoming commonplace in Asian countries. The strategies of the nutraceutical manufacturing companies must be to invest heavily in advertising to help consumers understand the health benefits. The region with its large population shows significant potential for manufacturers, and the focus is on weight management, which is driving the growth of the nutraceutical products market for weight-loss ingredients. • Further key findings from the report suggest • By product type, functional foods hold an outstanding share of 47.5% in 2018. The snowballing trend of on-the-go snacking and the increasing demand for nutritional food supplements are factors predictable to impel the demand for snacks products containing functional nutraceuticals. • A complex range of regulations applies to nutraceuticals in the EU, depending on the product type. These are mainly overseen by the European Food Safety Authority (EFSA), which also evaluates claims and has a public Register of Nutrition and Health Claims. The EFSA also sets maximum and minimum levels of ingredients to be added to supplements. Between 2008 and 2011 the EFSA evaluated 2,758 food-related general health claims to see if they were supported by scientific evidence. Only around 10 percent of the claims could be substantiated.

4. Market Summary • Key Players: • Kraft Heinz Company (US), The Hain Celestial Group (US), Conagra (US), General Mills (US), Kellogg’s (US), Nestlé (Switzerland), Nature’s Bounty (US), Amway (US), Pfizer Inc. (US), and Freedom Food Group Limited (Australia). are some of the major players in nutraceuticals market. In April 2019, the Nestlé Health Science entered into a strategic partnership with Amazentis (Switzerland); • Segmentation: • Source (Revenue, USD Million; 2019-2026) • Proteins & Amino Acids • Probiotics • Phytochemicals & Plant Extracts • Fibers & Specialty Carbohydrates • Omega-3 Fatty Acids • Vitamins • prebiotics • Carotenoids • Minerals • Others To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/2421 www.reportsanddata.com

5. Market Summary • Products (Revenue, USD Million; 2019-2026) • Food • Beverages • Dietary Supplements • Distribution Channel (Revenue, USD Million; 2019-2026) • Conventional Stores • Pharmacies/Drugstores • Specialty Stores • Regional Outlook (Volume, Kilo Tons; 2019-2026 and Revenue, USD Million; 2019-2026) • North America • Europe • Asia Pacific • Middle East & Africa • Latin America Grab Your Report at an Impressive Discount! Please Click Here : https://www.reportsanddata.com/make-enquiry-form/2421 www.reportsanddata.com

6. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

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