Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
Due to rapid urbanisation and industrialisation, the Asia Pacific region represents a significant share of the nutraceutical products industry. The increasing living standards are surging the demand for nutraceutical products, hence driving the market's growth. With the increasing emphasis on optimal gut health, the demand for nutraceutical products containing probiotics is escalating, fuelling the market's growth. The growing prevalence of various chronic illnesses and the rising healthcare costs in developing countries like India and Indonesia are also aiding the industry's growth. In addition, the rising popularity of e-commerce platforms such as Amazon and Walmart, among others, is increasing the demand for nutraceutical products, which is significantly contributing to the growth of the market.
Nestlé S.A. (OTCMKTS: NSRGY), one of the leading companies in the market, launched milk products for adults under its YIYANG Active brand in December 2020, that consists of unique ingredients to support joint functionality, muscle strength, and mobility. The product, along with physical activity, can increase the mobility of seniors with joint discomfort and thus improve their quality of life. The brand has been clinically proven to boost mobility during ageing, making it the first product with functional food approval to launch in China. The approval also marks the recognition of the excellent scientific works of the company. The product was developed by Nestle R&D and was tested in collaborations between the company and Peking University Third Hospital. The development of such innovative functional food products is surging the demand for nutraceutical products, which is providing impetus to the market's growth.
Market Analysis by Type, Distribution Channel, Source, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global nutraceutical products market include Conagra Brands, Inc., General Mills, Inc., Nestlé S.A., Pfizer Inc., and Freedom Foods Group Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.