Nutraceuticals Market Size, Value Demand, Key Player Review and Forecast to 2025

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NUTRACEUTICALS MARKET 2020
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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NUTRACEUTICALS MARKET 2020
Nutraceuticals Market 2020 Industry Survey,
Growth, CompetitiveLandscape and Forecasts to
2023
The worldwide nutraceuticals product market holds
a significant scope for expansion with its
contribution globally set to increase
phenomenally in the next couple of years.
Versatile in nature, nutraceuticals are useful
across various industries, including animal feed
additives, personal care, and pharmaceutical food
beverages. Latest innovations, as well as
findings of function-specific antioxidants, are
poised to offer countless opportunities in the
booming sector. Nutraceutical products are
considered to be a necessity in the modern world.
The markets expected growth in the future is
backed by the mounting demand for preventive
healthcare, along with the surge in medical
treatment. The latter accelerates the demand for
nutraceuticals-containing products, which highly
favors the overall market. But the high
investment required for research and development
(RD) could act as a critical barrier in the
market growth.
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NUTRACEUTICALS MARKET 2020
The worldwide market for nutraceuticals has been
segmented on the basis of ingredients, types and
distribution channel. The types of ingredients
are probiotics, vitamins and minerals, omega-3,
protein and peptides and others. Currently,
vitamins and minerals segment holds the maximum
share of 47.40, as a growing population suffers
from vitamin deficiency. Plus, vitamins possess
various health benefits such as the ability to
prevent various diseases like high cholesterol
levels, eye disorders and heart problems. But it
is the omega-3 segment that will showcase the
fastest growth, which is set to be 8.23. Omega-3
fatty acid is known for being a highly potent
nutraceutical that works against the hardening of
heart arteries, in addition to being used as an
active ingredient across various industries. The
third best growth is anticipated to be of
probiotics. Enquiry of the Report
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NUTRACEUTICALS MARKET 2020
Regional Analysis
Europe, Asia Pacific (APAC), Middle East, and
Africa and North America are the primary markets
for nutraceuticals. With respect to value and
volume, North America is predicted to be the most
lucrative nutraceuticals market with a share of
36.69. Asia Pacific is poised to rise at a rate
of 7.82. The North America markets share was
valued at USD 79.36 billion in 2019, with the
reasons being the prevalence of busy work
schedules and the consumers preference for
functional foods. APACS consumption of
nutraceuticals is anticipated to rise at a rate
of 7.82 in the given period based on the surging
health issues and subsequently increasing health
awareness among consumers.
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NUTRACEUTICALS MARKET 2020
Application Major Players in this Research

• Nutraceuticals Market Prominent Players
• The prominent vendors shaping the worldwide
  Nutraceuticals Market Size include DSM
  Nutritional Products, Inc. (the Netherlands),
  BASF SE (Germany), E. I. du Pont de Nemours and
  Company (U.S.), Abbott Nutrition Manufacturing
  Inc. (U.S.), Archer-Daniels-Midland Company
  (U.S.), Cargill Inc. (U.S.), GlaxoSmithKline Plc
  (U.K), and others.

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