Nutraceutical Products Market to Surpass $691.87 Billion by 2030: Meticulous Research
Added: (Tue Sep 05 2023)
Pressbox (Press Release) -
[02-09-2023] - The global Nutraceutical Products Market is on a trajectory to achieve remarkable growth, projected to register a Compound Annual Growth Rate (CAGR) of 7.8% from 2023 to 2030, ultimately reaching a staggering $691.87 billion by 2030. This significant expansion can be attributed to a multitude of factors, including the surging demand for nutrition-enriched products, an increasing appetite for functional beverages, a growing geriatric population coupled with a rise in chronic diseases, and continuous innovations and novel product developments. However, the market may face challenges due to the high cost of nutraceutical products.
Here are the Top 10 Companies Operating in the Nutraceutical Products Market: https://meticulousblog.org/top-10-companies-in-nutraceutical-products-market/
In a comprehensive report, Meticulous Research has identified and profiled the Top 10 Companies Operating in the Nutraceutical Products Market, showcasing their contributions to this dynamic industry:
1. Abbott Laboratories (U.S.): A global healthcare products manufacturer operating through its Nutritionals segment, providing nutraceutical products under various brands.
2. Amway Corporation (U.S.): A leading multilevel marketing company with diverse product offerings including nutraceutical products under its Nutrition segment.
3. Conagra Brands, Inc. (U.S.): A company specializing in processed and packaged foods, offering nutraceutical products through various brands.
4. Danone S.A. (France): Known for dairy and nutritional products, Danone offers a broad portfolio including functional food and beverages.
5. General Mills Inc (U.S.): A consumer foods manufacturer with a wide range of nutritional products under well-known brands.
6. Glanbia plc (Ireland): Engaged in manufacturing nutritious products, Glanbia offers various nutritional items.
7. Herbalife Nutrition, Ltd (U.S.): A company focused on weight management and nutritional products with a diverse product portfolio.
8. International Flavours & Fragrances Inc. (U.S.): Operating in various sectors including health and biosciences, IFF provides nutraceutical products through its segments.
9. Kellogg Company (U.S.): A manufacturer of ready-to-eat cereals and convenience foods, offering nutritional products.
10. Nestlé S.A. (Switzerland): A renowned food products manufacturer, Nestlé offers functional food and beverages through its extensive brand portfolio.
These companies are making significant strides in shaping the future of the nutraceutical products market. For more in-depth information on each company, their financial performance, key products, strategies, and more, refer to Meticulous Research’s comprehensive report.
Top 10 Trailblazing Companies in the Thriving Nutraceutical Products Market : https://meticulousblog.org/top-10-companies-in-nutraceutical-products-market/
The Nutraceutical Products Market is evolving rapidly, presenting ample opportunities for growth and innovation. To stay updated on this market's latest developments and gain a deeper understanding, the Meticulous Research report offers valuable insights, including global market size estimates, market share analysis, revenue figures, and coverage of key trends and challenges.
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