Title: Increase in average age of population a potential growth opportunity for Nutraceutical Market.
1Functional Food and Nutraceuticals Market - By
Type (Foods, Beverages, Supplements) Benefits
(Health and Wellness, Disease Prevention,
Fitness, Beauty) Origin Ingredient - Forecast
(2015-2020)
Publish Date 10th October 2014 No of pages
180
Contact Sanjay Matthews sales_at_industryarc.com
1-614-588-8538 (Ext 101)
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- Functional Foods and Nutraceutical, though
lacking a precise definition, refers to food
which provides further biological process and
health edges apart from typical food. The recent
trend has seen an upsurge of such Health Foods
that embrace dietary supplements containing
vitamins, minerals, herbs and others. - The increasing Health Awareness and easily
accessible Nutrition Deficiency merchandise have
created a powerful impact for practical foodstuff
on international Economy. -
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- Market Drivers
- The Functional Foods Market is driven by the
increasing Health aware nature of folks. The
trend of being preventive rather than reactive to
health issues has conjointly spurred on the
market and has augmented the demand of
merchandise that provided further nutrition and
square measure healthy. - The Functional Food has currently swollen and is
gift in nearly all the categories of food
consumed by humans including cereals, nuts,
vegetables, fruits, dairy merchandise,
confectionery items and conjointly from snacks to
non-alcoholic beverages. In todays Nutraceutical
Market it is feasible to induce a Health Food
alternative in any of the higher than classes.
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- Market Segmentation
- The Functional Food Market is metameric into six
main classes, it is divided based on sort,
Benefits, Origin, Ingredients, Consumer and
geographics. The different varieties of practical
Food include food, beverages and supplements.
The market is driven by the benefits these
practical Foods give, which are Health and
upbeat, Disease hindrance, Fitness and Beauty.
All functional food is derived from 2 sources,
either Plants or Animals. - The Market is also classified supported the
Ingredients utilized in the synthesis, they
include Anti-oxidants, Carotenoids, Fatty Acids,
Flavonoids and Minerals among others.
Nutraceutical Products square measure conjointly
classified supported its consumer Adults,
Children and aged. The last classification is
based on geographics, the main regions are
Americas, Asia Pacific, Europe and Rest of the
planet.
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- The U.S. and Japan markets are vital in the
practical Food business followed by Asia Pacific
and European markets. - In 2020, it is predicted that the U.S will still
dominate practical Food Market globally with a
CAGR of eight.7. -
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- Market Growth
- The Functional Food ANd Nutraceutical Market is
calculable to grow at an Annual Average Growth
Rate of concerning eight.5 in the forecast
amount 2015-2020 according the Market Report by
IndustryARC. - The Market Size is predicted to rise from 168
Billion in 2013 to 305.4 Billion in 2020. - The highest growth within the market is being
recorded in the energy drinks, healthy snacks and
breakfast products sectors.
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One factor that accounts for this growth is the
agitated way and ageing population. These factors
are promoting the human dependency on the
practical or Nutraceutical Foods for meeting
Daily organic process needs. The Market is also
expected to check a growth in Asia Pacific and
South yank countries, specifically among the
middle income population. Inquiry Before Buying
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- Key Players
- Different sectors of the practical Food Market
have completely different key players that
dominate the Market. - Red Bull GmbH is world leader in Energy Drinks
having Market Share of more than four-hundredth. - Pepsi Co. and Kellogg Co. are world leaders in
Healthy Snacks. - Groupe Danone and Groupe Lactilas dominate the
Healthy Dairy product. - Yakult Honsha Co. Ltd. is a leader in Probiotic
Drinks sector. - Apart from these companies, other key players in
the market are cola Co., Dean Foods, General
Mills Inc., Kraft Foods and Nestle S.A. The
report on the Functional Food and Nutraceutical
Market by IndustryARC provides a complete list of
Key Players with their Product Portfolios,
Financials and Developments.
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For More Details, Contact Mr. Sanjay
Matthews Sales Manager 1-614-588-8538
(Ext 101) sales_at_industryarc.com
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Contact 1-614-588-8538 (Ext101) / Email
sales_at_industryarc.com