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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

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
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Submitted by:Ivo Smith
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