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Global Nutraceuticals Market Research Report, 2027

Global Nutraceuticals Market Research Report, 2027

Actual Market Research 28-06-2022 212 Pages Figures : 138 Tables : 31 Region : Global Category : Food & Beverages Food

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1. Monster Beverage Corporation

2. Nestle SA

3. General mills Inc.

4. Tyson Foods, Inc.

5. Arla Food

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A nutraceuticals is a substance that is either a food or a component of a food that has medicinal or health benefits, such as illness prevention and treatment. There are many types of nutraceuticals products available in the markets that are used for varied applications. These nutraceuticals products contains fortified nutrients like calcium, zinc, CoQ10, omega-3, taurine, and antioxidants that promote consumers' overall health. These nutrients also help to prevent medical problems like heart disease, hypertension, diabetes and allergies. Nutraceuticals are becoming increasingly popular as customers' digestive and immunological systems improve, and their cognitive behavior improves.They also contain naturally occurring compounds like garlic, ginseng, and other herbal goods like phytochemicals produced from plants, in addition to vitamins. Fibers, both soluble and insoluble, are also included. Nutraceuticals sales have been continuously increasing, and this trend is projected to continue as more aggressive marketing initiatives are introduced. According to the research report title “Global Nutraceuticals Market Research Report, 2027”, published by Actual Market Research, The market size was more than $400 billion in 2021. Nutraceuticals boosts energy, relieve anxiety, improve mental clarity, prevent chronic diseases and delay the aging process with overall health benefits. The global nutraceuticals market is mainly categorized into three types i.e. functional food, functional beverages and dietary supplements. Functional food is described as, the food that provides nutrition and medicinal support in order to reduce the risk of diseases. A functional beverage is a liquid food that is promoted to highlight specific product elements or supposedly provide health benefits. Dairy beverages, sports and performance drinks, energy drinks, ready-to-drink teas, "smart" drinks, fortified fruit drinks, plant milks, and enriched water are examples of functional beverages.The functional food segments captured the largest market share in the year 2021. Basically, there are two types of functional foods. The conventional functional foods are natural and are rich in antioxidants, vitamins, minerals and probiotics etc. nutrition factors. On the other hand, to enhance a food's beneficial properties, it has been fortified with additional components such as vitamins, minerals, probiotics, or fibers. Functional foods include nutrient-dense foods like fruits, vegetables, and legumes, as well as fortified meals like juice, eggs, and cereal. By functional beverages type, the energy drinks market has the highest share around 40% in 2021 and it is going to be dominated in the forecast period. The other functional beverages are sports drink, dairy & dairy alternative drinks and fortified juices. The dairy & dairy alternative segments is going to be fastest growing segments in upcoming year. The dietary supplements type includes vitamin & mineral, amino acid or proteins, botanical and probiotics.Self-caring is very common trend nowadays and this factor will boost up the market growth for dietary supplements. The dietary supplements cover a wide range of application like cardiac health, diabetes, bone & joint pain relief, weight-energy management and digestive health. By functional foods type, the market is classified as bakery & cereals, dairy products, meat, fish & eggs, soy products and fats & oils. Among them, the soy products segment is growing with the fastest CAGR in up-coming years. The bakery and cereal industries invest much in developing helpful and nutritional products, thus there are constant advancements. Because of the growing awareness of the nutritional benefits and acceptability of nutraceuticals supplements, the usage of nutraceuticals by athletes and sportsmen is rapidly increasing. The most popular nutraceuticals supplement among athletes is branched-chain amino acids (BCAA). With a large number of participants, the global baked food and cereal market is fragmented.These nutraceuticals products are distribute at different channels like supermarkets &hypermarkets, convenience stores, drug and pharmacies, online retail stores and other distribution channels.Consumers can easily reach any near physical shop, which offer products at reasonable pricing are the reason for convenience stores sales. By region, North America & Asia-pacific covers majority of nutraceuticals market share in 2021, followed by Europe.The USA and Japan are the main contributor to this industry. The rise in healthcare costs, combined with an increasing older population, is said to be the primary driver of the functional food industry's expansion in Japan.South America and Middle East & Africa are also going to have a huge potential in future scenario. Increasing use of nutraceuticals to treat nutritional disease, rising healthcare expenses, and a growth in the worldwide old population are the factors which will push the market growth. Over the years, the high obesity rates in these countries have spurred the market for healthy foods and nutritional supplements. Apart from these, additional rising economies where the trend of nutraceuticals intake is progressively gaining popularity include Venezuela, Colombia, Argentina, and Chile. Covid-19 Impact: The COVID-19 pandemic has mixed impact for the nutraceuticals market. The health awareness and growing demand for immunity boosting supplements resulted in surge the demand for nutraceuticals products.Although the less availability of supply chain and lack of transportation impacted the quarterly growth during 2020. Additionally, many businesses in this area shortened their working hours to allow workers to refill inventory and clean stores overnight. These factors slowed the pace of the functional foods and beverages market's growth. Major Companies present in the market: Herbalife Nutrition, AMWAY Corp., Bayer AG, Pfizer Inc., GlaxoSmithKline plc., Abbott Laboratories, Glanbia plc, Archer Daniels Midland Company, Nu Skin Enterprises, Inc., Nestle SA, Danone SA, General Mills Inc., Tyson Foods, Monster Beverage Corporation, The Coca-Cola Company, Arla Foods amba, Hearthside Food Solutions LLC, PepsiCo Inc., Celsius Holdings Inc., Nutri-Nation Functional Foods Inc Considered in this report • Geography: Global • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Global nutraceuticals market with its value and forecast along with its segments • Region & country wise nutraceuticals market analysis • Application wisenutraceuticals market distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Regions covered in the report • North America (US, Canada, Mexico) • Europe (Germany, UK, France, Italy, Spain,Russia) • Asia-Pacific (China, Japan, India, Australia, South Korea) • Latin America (Brazil, Argentina, Colombia) • Middle-East & Africa (UAE, Saudi Arabia, South Africa) Based on product type of nutraceuticals market in the report: • Dietary Supplements (Vitamin, Minerals, Herbal Supplements, Probiotic, Amino acid/Protein& Others) • Functional Foods (Bakery & Cereals, Dairy Products, Meat, Fish & Eggs, Soy Products,Fats & Oils & Others) • Functional Beverages (Energy Drinks, Sports Drinks, Dairy & Dairy Alternative Drinks, Fortified Juices & Others) Based on Distribution channeltype of nutraceuticalsin the report: • Supermarkets&Hypermarkets • Convenience Stores • Drug and Pharmacies • Online Retail Stores • Other Distribution Channels The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related tofood &beverageindustry, nutrition industry, pharmaceutical industry,government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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