Global Nutraceuticals Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. The factors that propel the growth of the Nutraceuticals Industry include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, some of the key factors that impel the market growth include growing awareness regarding health, changing standard of living, rise in disposable income and increasing geriatric population.
On the other hand, risk of ingredients and raw material contamination may pose a threat to the growth of the market. Nutraceuticals Market is classified on the basis of product type, ingredients, applications, end users, distribution channel and geography. This market is segmented by product type as Functional Food, Dietary Supplements, Functional Beverages, and others.
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Nutraceuticals Industry is categorized by ingredients as Vitamins and Minerals, Protein and Peptides, Fiber, Probiotics, Omega-3, and others. This industry is classified on applications as Sports and Energy, General Wellness, Weight Management, Gi And Digestive Health, Beauty and Anti-Aging, Memory And Mental Health, Heart Health, Type 2 Diabetes, and others.
Nutraceuticals Market is categorized by end user as young and old. Nutraceuticals Industry is segmented by distribution channel as online stores, specialty stores and others. This market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.
The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, and Australia & New Zealand. The Middle East and African region consists of GCC, South Africa and North Africa. In case of geographical region, North America was expected to account a major share in the Nutraceuticals Market. On the other hand, Asia Pacific market will develop rapidly owing to rapid industrialization, rise in disposable income and emerging economies like India and China.
Some of the key players that fuel the growth of the Nutraceuticals Industry include ADM, GlaxosmithKline, DSM Nutritional Products, Cargill, Nestle, BASF, Dupont, and others. The other prominent players operating in the Nutraceuticals Market include Abbott Nutrition, Mission Vivacare, Perrigo, Bactolac Pharmaceuticals, Danone, Natural Remedies, Bayer, NBTY, Elders Pharmaceuticals, Nature’s Sunshine, Fitlife Brands, Bio Correx, Eternal Lifestyles, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
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Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Nutraceuticals in these regions, from 2012 to 2022 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
Global Nutraceuticals market competition by top manufacturers, with production, price, and revenue (value) and market share for each manufacturer; the top players including
• Corbion
• Galactic
• ADM
• Musashino Chemical Laboratory
• Vertec BioSolvents
• Somaiya Group
• Yancheng Hongtai Bioengineering
• Huade Biological Engineering
• Yibang Industry & Commerce
• Henan Kangyuan
• Haijianuo Bioengineer
• Jindan Lactic Acid
• Pianguan Shenxia
• Tianrun Lactic Acid
• Esun
• Weishi Perfume Factory
• Baicheng Biotechnology
On the basis of product, this report displays the production, revenue, price, and market share and growth rate of each type, primarily split into
• D-type
• L-type
• DL-type
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/pharmaceuticals
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Food Industry
• Ink Industry
• Medicine Industry
• Electronic Industry
• Paint Industry
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