USA Nutraceutical Market to Grow at a CAGR of 7.1% to reach US$ 138,047.1 Mn from 2018 to 2027
The USA nutraceuticals market is accounted to US$ 73,986.0 Mn in 2018 and is expected to grow at a CAGR of 7.1% during the forecast period 2019 – 2027, to account to US$ 138,047.1 Mn by 2027.
Growth in the demand for functional food and beverages owing to increasing health consciousness amongst consumers has bolstered the growth of USA nutraceuticals market
USA Nutraceuticals Market, Revenue and Forecast, 2018
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Market Insights
Growth in the demand for functional food and beverages owing to increasing health consciousness amongst consumers
Nutraceutical ingredients such as vitamins and minerals are added in the functional food and beverages to enhance the nutritional value. Functional foods have a positive effect on health beyond basic nutrition and also promote optimal health. Functional food and beverages are enriched with nutritions that are not provided naturally. The increasing awareness related to the health benefits associated with the consumption of nutraceutical products supplements the growth of the USA nutraceuticals market.
Increasing spectrum of nutraceutical in sport nutrition provides opportunity for the nutraceuticals market growth
Nutrition plays an essential role in an athlete’s performance. Vitamins and minerals are crucial for a variety of activities in the body, such as turning food into energy and keeping bones healthy. Nutraceutical products offers an adequate amount of nutrition required to maintain a healthy lifestyle. This is translating into increasing demand for nutraceutical products in sports nutrition.
Type Insights
The USA nutraceuticals market by type has been categorized in functional food, functional beverages, dietary supplements, personal care and pharmaceuticals. The demand for functional food is rising due to the growing health consciousness among the people. They enhance the performance of body by the introduction of ingredients absent in many food items. People are inclining more towards functional food owing to their medicinal importance, and the nutritional aspects which are bound to expand the nutraceutical market in the coming years.
Application Insights
On the basis of application, the USA Nutraceuticals market has been segmented into general wellness, beauty and anti-aging, weight management, digestive health, sports and energy drinks. Under application segment, general wellness is the leading segment in the USA nutraceuticals market. There has been a favorable growth in the application of nutraceuticals in the healthcare and general wellness sector. Researchers have claimed that the introduction of nutraceuticals has proven to be of significant help in the treatment of disorders like cancer, blood pressure, insomnia, coronary heart disease, depression, cough and cold and other diseases that need special care. The application of nutraceuticals in the form of dietary supplement is also rising due to its growing nutritional and medicinal benefits.
USA Nutraceuticals Market by Application
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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USA Nutraceutical Market: Strategic Insights
USA Nutraceutical Market
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CAGR (2019 - 2027)
7.1%
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Market Size 2018
US$ 73,986.0 Million
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Market Size 2027
US$ 138,047.1 Million
Market Dynamics
GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players
- Abbott
- Amway
- Chobani LLC
- General Mills Inc
- Helion Nutraceuticals LLC
- Herbalife International of America Inc
- Kellogg Co
- Matsun Nutrition
- The Nature s Bounty Co
Regional Overview
- United State
Market Segmentation
Type
- Functional Food
- Functional Beverages
- Dietary Supplements
- Personal Care & Pharmaceuticals
Application
- General Wellness
- Digestive Health
- Weight Management
- Sports and Energy
- Beauty and Anti-Aging
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
USA Nutraceutical Market: Strategic Insights
-
CAGR (2019 - 2027)7.1% -
Market Size 2018
US$ 73,986.0 Million -
Market Size 2027
US$ 138,047.1 Million
Market Dynamics
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
Key Players
- Abbott
- Amway
- Chobani LLC
- General Mills Inc
- Helion Nutraceuticals LLC
- Herbalife International of America Inc
- Kellogg Co
- Matsun Nutrition
- The Nature s Bounty Co
Regional Overview
- United State
Market Segmentation
- Functional Food
- Functional Beverages
- Dietary Supplements
- Personal Care & Pharmaceuticals
- General Wellness
- Digestive Health
- Weight Management
- Sports and Energy
- Beauty and Anti-Aging
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Mergers & acquisition, strategy and business planning and new product development were observed as the most adopted strategies in USA Nutraceuticals market. Few of the recent developments in the USA Nutraceuticals market are listed below:
2019:
Amway India launched new nutraceutical product, DHA yummies under Nutrilite brand2019:
The Nature’s Bounty Co. launched new nutraceutical products, which includes Nature's Bounty® Sleep3 and Nature's Bounty® Elderberry Gummies, and Nature's Bounty® Anxiety & Stress Relief2018:
General Mills, Inc. acquired pet food manufacturer, Blue Buffalo Pet Products, Inc. which helped them to increase its portfolio and market presence2018:
Abbott launched Ensure Max Protein product through which it expanded its nutraceuticals product line.USA NUTRACEUTICALS MARKET SEGMENTATION
By Type
- Functional Food
- Functional Beverages
- Dietary Supplements
- Personal Care and Pharmaceuticals
By Application
- General Wellness
- Beauty and Anti-Aging
- Weight Management
- Digestive Health
- Sports and Energy
Company Profiles
- Abbott
- Amway
- Chobani, LLC
- General Mills, Inc.
- Helion Nutraceuticals, LLC
- Herbalife International of America, Inc.
- Kellogg Co.
- Matsun Nutrition
- The Nature’s Bounty Co.
- Valensa International
USA Nutraceutical Market Report Scope
Report Attribute | Details |
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Market size in 2018 | US$ 73,986.0 Million |
Market Size by 2027 | US$ 138,047.1 Million |
Global CAGR (2019 - 2027) | 7.1% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Type
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Regions and Countries Covered | United State
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Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
The List of Companies
- Abbott
- Amway
- Chobani, LLC
- General Mills, Inc.
- Helion Nutraceuticals, LLC
- Herbalife International of America, Inc.
- Kellogg Co.
- Matsun Nutrition
- The Nature’s Bounty Co.
- Valensa International