Nutraceuticals Market Analysis, Trends, and Scope 2023 to 2031
Nutraceuticals Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 500.77 Billion |
Market Size by 2031 | US$ 895.76 Billion |
Global CAGR (2023 - 2031) | 7.5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Nutraceuticals Market News and Recent Developments
The nutraceuticals market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A recent key development in the nutraceuticals market is mentioned below:
- Nutrartis has launched Cardiosmile, a natural supplement containing plant sterols, in the US market. The liquid sachet format offers a convenient and effective approach to healthy cholesterol management and heart health, suitable for daily routines. (Source: Nutrartis, Newsletter, September 2023)
- FrieslandCampina announced the launch of a new whey protein powder with protein ingredients meant to boost medical nutrition, support athletic performance, and promote gut health. (Source: FrieslandCampina, Company Website, November 2023)
- Glanbia Nutritionals introduced FerriUp, a new whey protein that provides a strong nutrient foundation for active women, a group that may experience depleted iron and energy levels. Glanbia's new FerriUp is a high-quality whey protein produced using their selective transfer membrane system, which concentrates the key nutrient components of whey. (Source: Glanbia Plc, Company Website, October 2022)
Nutraceuticals Market Report Coverage and Deliverables
The " Nutraceuticals Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Nutraceuticals market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Nutraceuticals market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter's Five Forces and SWOT analysis
- Nutraceuticals market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the nutraceuticals market
- Detailed company profiles