Nutraceuticals Market Expected to Reach of US$ 372.2 Billion by 2023
Added: (Wed Apr 17 2019)
Pressbox (Press Release) -
Nutraceuticals are food and beverages which cater to individual nutritional demands and offer health benefits beyond basic nutrition. Nutraceuticals range from fortified products (such as vitamin-fortified juices) to enhanced commodities(such as eggs with higher omega-3 content). These products can be required due to certain health conditions, professional needs or food allergies and intolerances, and can help enhance immunity and digestion, prevent chronic diseases, improve cognitive behaviour, etc.
The new report published by IMARC Group titled, “Nutraceuticals Market Report: COQ10, Probiotics/Prebiotics, Taurine, Omega-3, Green Tea, Antioxidants, Calcium, Lycopene, B-Complex, Dietary Fibre, Collagen, Aloe Vera and Zinc”, finds that the global nutraceuticals market reached a value of US$ 248 Billion in 2017, exhibiting a CAGR of 5.3% during 2010-2017.
Highlights of the Global Nutraceuticals Market:
The shifting consumer preference towards personalised nutrition products remains the major growth driver.
Digestive and immune health products dominated the market, representing the most popular indication type.
The United States is the largest market, accounting for around a fourth of the global share.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/global-nutraceuticals-market/requestsample
The report has examined the global nutraceuticals market on the basis of:
Type:
Personalised Foods
Personalised Beverages
Region:
United States
China
Mexico
Japan
Brazil
United Kingdom
Major Manufacturers:
PepsiCo Inc.
Coca Cola
Otsuka
Yakult Honsha
Danone
GlaxoSmithKline
Cadbury
Morinaga
Nestlé
Kirin Brewery
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