The Global Nutraceutical Products Market size was valued at around USD 591.1 billion in 2024 and is projected to reach USD 912.25 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.50% during the forecast period, i.e., 2025-30. according to MarkNtel Advisors Study.
Global Nutraceutical Products Market Driver:
Transcending burden of lifestyle disorders– The widespread use of processed and junk food is the primary cause of the prevalence of lifestyle disorders like obesity, diabetes, etc. The use of packaged foods and beverages with high-calorie counts together with little to no physical activity has led to such kind of lifestyle crisis. However, the integration of nutraceutical goods into the general population’s everyday routine has been fueled by expanding awareness of leading a healthy lifestyle, rising use of nutritional supplements for immunity building, boosting internal organ functions, etc.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Nutraceutical Products Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Product Type
- Functional Beverages– Market Size & Forecast 2020-2030, USD Million & Million Units
- Sports Drinks
- Dairy & Dairy Alternative Drinks
- Fruit & Vegetable Juices
- Functional Foods– Market Size & Forecast 2020-2030, USD Million & Million Units
- Dietary Supplements– Market Size & Forecast 2020-2030, USD Million & Million Units
- Functional Beverages– Market Size & Forecast 2020-2030, USD Million & Million Units
- By Distribution Channel
- Supermarkets/Hypermarkets– Market Size & Forecast 2020-2030, USD Million & Million Units
- Online Retail
- Specialty Stores– Market Size & Forecast 2020-2030, USD Million & Million Units
- Pharmacies-Market Size & Forecast 2020-2030, USD Million & Million Units
- Others-Market Size & Forecast 2020-2030, USD Million & Million Units
- By End User
- Household– Market Size & Forecast 2020-2030, USD Million & Million Units
- Commercial– Market Size & Forecast 2020-2030, USD Million & Million Units
- By Source
- Probiotics– Market Size & Forecast 2020-2030, USD Million & Million Units
- Prebiotics– Market Size & Forecast 2020-2030, USD Million & Million Units
- Vitamins– Market Size & Forecast 2020-2030, USD Million & Million Units
- Minerals– Market Size & Forecast 2020-2030, USD Million & Million Units
- By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Archer Daniels Midland Company, BASF SE, Cargill, Inc., Danone, DuPont de Nemours, Inc, General Mills Inc., Koninklijke DSM N.V, Nestle S.A., PepsiCo, Inc, Yakult Honsha Co., Ltd, Kellogg Company, Herbalife International of America, Inc, Abbott Laboratories Inc., Mead Johnson Nutrition Co., Omega Protein Corp, Zymes LLC and others. are looking forward to strengthening their market positions.
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Global Nutraceutical Products Industry Recent Development:
2024: BASF launched a new line of sustainable, algae-based omega-3 supplements. This shift towards algae-derived omega-3 oils offers a vegan and potentially more sustainable alternative to traditional fish oil supplements, aligning with growing consumer demand for plant-based and eco-friendly options.
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