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$ XX Billion in 2020. Nutraceuticals refer to a range of functional food products and medicines that are utilized for enhancing the overall health of an individual. They are also deployed in animal feed additives, personal care, pharmaceuticals, and food and beverage (F&B) sectors as an antioxidant to improve the overall immunity, cognitive behavior and digestive systems. Nutraceuticals are a rich source of taurine, calcium, zinc, and omega 3.
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The rising health consciousness amongst consumers is catalyzing the demand for dietary additives in the forms of tablets and capsules for maintaining physical and mental health, which is primarily contributing to the global nutraceuticals market growth. Additionally, manufacturers are consistently innovating their product portfolio to maintain their positions in the market while catering to diversified consumer needs. They are introducing novel modes of delivery of nutraceuticals, such as chewing gum, patches, quick-dissolving strips, soft chews, and gummy bears. This is creating a positive outlook for the market further. Looking forward, IMARC Group expects the nutraceuticals market to exhibit moderate growth during 2021-2026.
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
- Yakult Honsha
- Kirin Brewery
Breakup by Product:
- Personalized Foods
- Bakery Products
- Dairy Products
- Oil & Fats
- Snack Bars
- Other Foods
- Personalized Beverages
- Chocolate Based FP Drinks
- Bottled Water
- Energy Drinks
- Fruit Vegetable Juices
- RTD Tea
- Sports Drinks
Breakup by Indication:
- Digestive and Immune Health
- Energy & Alertness Health
- Heart Health
- Bone & Joint
- Cognitive Health
- Beauty Health
- United States
- United Kingdom
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- 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.
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 pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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