Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Base Year
Historical Year
Forecast Year
The global nutraceuticals market size reached a value of about USD 525.61 billion in 2023. During the forecast period of 2024-2032, the market is expected to grow at a CAGR of 8.20% to attain a value of USD 1,068.35 billion by 2032.
Nutraceuticals are pharmaceutical alternative products that are derived from food sources. These products are made to provide health benefits and nutritional value while providing protection against chronic diseases. Nutraceuticals are also known as medical foods, phytochemicals, functional foods, and nutritional supplements.
Based on product type, the market can be segmented into functional beverages, functional food, and dietary supplements. Based on the distribution channels, it can be bifurcated into hypermarkets and supermarkets, pharmacies, online, and speciality stores, among others.
Based on forms, the market can be divided into powder, capsule and tablets, and liquid, among others. The regional markets for the nutraceutical market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the nutraceuticals market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
The market, based on product types, can be bifurcated into functional beverages, functional food, and dietary supplements. Among these types, the functional beverage segment is expected to hold the largest market share due to the rising number of health-conscious consumers. The market is also expected to experience significant growth due to consumers shifting from sugar-heavy drinks to low-calorie and functional beverages.
Based on distribution channels, the market divisions include hypermarkets and supermarkets, pharmacies, online, and speciality stores, among others.
The online segment is expected to lead the growth of the market due to the increasing internet network penetration and cost-effectiveness of the business. The distribution channel does not require a warehouse to be maintained by the merchants.
These marketplaces are increasing in popularity due to several factors, such as the availability of a wide variety of products, low-price offers, free shipping, and multiple offers are likely to enhance market growth.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
General Mills Inc. is one of the leading nutraceuticals companies in the food industry. It is headquartered in Minnesota, United States, and has been operating in various fields, including food production, marketing, and consumer packaged goods. The company was founded in 1866 and since then its product portfolio has developed to include many iconic brands, such as Cheerios, Pillsbury, Betty Crocker, Nature Valley, Old El Paso, Blue Buffalo, and Häagen-Dazs, among many others.
Nestle SA is a Swiss multinational conglomerate with a focus on the food and drinks production industry. It is one of the largest publicly owned food companies. The company has been active since 1866, constantly innovating with products to introduce the market to better food, health, and nutritional health solutions.
The company has one of the widest ranges of food and beverages, including coffee, dairy, confectionary, culinary and frozen foods, ice cream, infant nutrition, healthcare nutrition, F&B solutions, and pet care.
Koninklijke DSM N.V. is a multinational corporation, headquartered in Heerlen, Netherlands. The company operates in the field of nutrition, health, and sustainable living. DSM is actively developing innovative solutions for human nutrition, animal nutrition, personal care, aroma, medical devices, green products, and mobility and connectivity.
The company’s specialization lies in sustainability, health, vitamins, animal nutrition, pharmaceuticals, aquaculture, medical nutrition, and baking ingredients.
Other market players include Innophos Holdings, Inc. and W. R. Grace & Co., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Product Type |
|
Breakup by Distribution Channels |
|
Breakup by Form |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The global market for nutraceuticals reached a size of USD 525.61 billion in 2023.
The market is expected to grow at a CAGR of 8.20% during the period 2024-2032.
The market is expected to reach a value of USD 1,068.35 billion in 2032.
The market growth is driven by the growing demand for personalized health supplements and the development of improved products with protective qualities against chronic diseases.
The increasing investment in research and development for innovative products and production procedures is likely to offer new growth opportunities to the market.
The regional markets include North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa.
The products available in the market include functional beverages, functional food, and dietary supplements.
The distribution channels in the market include hypermarkets and supermarkets, pharmacies, online, and speciality stores, among others.
The forms of nutraceuticals available in the market include powder, capsules and tablets, and liquid, among others.
The key players in the market include General Mills Inc., Nestle SA, Koninklijke DSM N.V., Innophos Holdings, Inc., and W. R. Grace & Co., among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124