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Gminsights.com add New Report Global Nutraceuticals Market to its research database. The report focuses on global major leading players with information such as company profiles, Growth, product segment, technology segment, end user segment and region.
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Nutraceuticals Market SWOT Analysis of Top Key Player & Forecasts To 2030 © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Market Scenario of Nutraceuticals Market • Global Market Insights recently introduced report on Global Nutraceuticals Market Report is an in-depth study providing complete analysis of the industry for the period 2022 to 2030. It provides complete overview of Global Nutraceuticals industry considering all the major industry trends, market dynamics and competitive scenario. • Based on product, the industry is segregated into functional foods, functional beverages, and dietary supplements. Among these, the dietary supplements category is anticipated to generate USD 256.4 billion by 2030. • The prevalence of a fast-paced lifestyle, unhealthy dietary habits, and a lack of nutrient intake are some of the key parameters driving consumers to add dietary supplements into their day-to-day routine. © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Continue:- • Nutritional deficiencies are one of the major health concerns across all age groups. The World Bank estimates that 9.3 million new cases of acute malnutrition in children will be added by 2022. Meanwhile, the elderly suffer from a lack of adequate nutrition required to sustain daily metabolic functions that are slowed down due to aging. • The demand for value-added foods and supplements is rapidly escalating as consumers are getting more prone to metabolic and chronic illnesses such as diabetes and cardiovascular diseases. • The elderly population is especially at a high risk of contracting novel infectious diseases like COVID-19. According to the Centers for Disease Control and Prevention (CDC), individuals above the age of 65 years accounted for 75% of COVID-19-related deaths in the U.S. © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
360° Industry Analysis • The nutraceuticals market landscape is classified into product, form, condition, and region. • In terms of form, the global nutraceuticals market is bifurcated into liquid, powder, capsules & tablets, and gummies. The powder segment is projected to exhibit a 3.8% CAGR between 2022 and 2030. Aside from the various health benefits, powder-based nutritional products are less prone to microbial contamination. • Moreover, these supplements are an easy mode of drug administration, especially in cases of large doses. These products offer faster absorption and dissolution as compared to solid forms, making them ideal for different consumer needs. • With respect to condition, the nutraceuticals industry is fragmented into diabetes, gastrointestinal health, joint health & inflammation, cold, flu & immunity, skin & hair, and sports, energy, and weight management. Nutraceutical products for joint health and inflammation are expected to witness tremendous demand owing to the surging prevalence of osteoarthritis across the globe. Individuals worldwide with joint pain and arthritis are increasingly adding vitamins and supplements to their daily diet. © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Key Players are • Kellogg’s • Agro Tech • Kraft Heinz • Nestle S.A. • Abbott • PepsiCo • Herbalife International of America Inc. • Amway Corporation • Danone • Nutramax Laboratories Inc. • Zesty Paws • HempFlax Group BV • Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/nutraceuticals-market © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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