Nutraceuticals Market Competitors, Regional Portfolio, and Forecast
Nutraceuticals Market Dyanamics
The global
nutraceuticals market will grow at a CAGR of 7.90% during the forecast period 2022
to 2030. The market for nutraceuticals is set to reach US$407,650.0 million by 2030.
As per market analysts, the global market is anticipated to witness growth
owing to the factors such as growing application of nutraceuticals as well as
the growing demand for dietary additives. However, the market will face
challenges and restraints due to high expenses associated with nutraceuticals
and strict rules imposed by governments during the forecast period 2022 to 2030.
The increasing
awareness about balanced diets in the market will support the growth. As per
nutraceuticals market analysts, the market based companies will face certain
challenges during the forecast period 2022 to 2030. The market research report
provides in-depth analysis of the distribution channel, form, type, and source
segments. The market research report presents factors such as stringent rules
and regulations that could slow down the nutraceuticals market's growth.
Competitive
Landscape
Nutraceuticals has
seen tremendous growth, due to growing geriatric population and the growing
inclination towards a healthy diet. However, regulations imposed by governments
of various countries and unfavorable policies would challenge the companies
active in the market. Furthermore, companies using growth strategies to stay
ahead in the global market are expected to help the market during the forecast
period 2022 to 2030. As the nutraceuticals market report suggests that
the nutraceuticals market revenue will register a CAGR of 7.37% and
reach a US$407,650.0 million by 2030, the market report highlights key areas
market based companies need to focus on. The market research report projects a
long term growth till 2030. Based on the stages of nutraceuticals market’s analysis on the basis of SWOT and Porters’
Five Force Model, the market will rise during the forecast period 2022 to 2030,
however the companies need to move ahead with caution. The market research
report highlights such key areas
Key Player
- Glanbia Plc
- Abbot Laboratories
- Perrigo Company Plc
- Danone SA
- GlaxoSmithKline Plc
- Daflorn Ltd
- Bactolac Pharmaceutical Inc
Which is the
leading segment based on product type in the nutraceuticals market?
Segmentation Opportunities
The nutraceuticals
market share has been segmented into distribution channel, form, type, and
source. Based on the segment which is the distribution channel, the market is
categorized on the basis of store-based and non-store-based. The global market
for nutraceuticals is further segmented based on form into tablets &
softgels, capsules, liquid & gummies, and powder. Furthermore, the market,
on the basis of type, is segmented into omega fatty acids, probiotics, proteins
& peptides, vitamins & minerals, and others. Based on the segment which
is the source, the market is categorized on the basis of animal, plant, and
microbial.
The nutraceuticals market report offers comprehensive study of the nutraceuticals
market segments including distribution channel, form, type, and source. The
analysts have also studied the market's spread across the regional markets
across many of the market’s segments at country levels. The distribution
channel, form, type, and source segments spread across the market along
with the subsegments are studied. The global market for nutraceuticals is
spread across various product and service based segments. The market research
report highlights these key segments and offers forecasts based on primary and
secondary data. The global market research report presents key company profiles
of organizations active across the market for nutraceuticals.
Regional
Overview
The high expenses
associated with nutraceuticals may hinder the nutraceuticals market growth. The
market research report suggests that companies in the nutraceuticals market analysis
could be supported by the growing demand for the treatment of cardiovascular
diseases as well as the rising disposable income during the forecast period.
The market value is set to register growth at a high CAGR owing to these key
factors. The market is spread across North America, Europe, Asia-Pacific, and
other parts of the world. As per market analysts, the market is set to witness
tremendous growth across distribution channel, form, type, and source segments.
The global market’s North American region covers markets across the United
States, Mexico, Canada, and others. Businesses present in the market statistics
are also profiled and their strategies have been presented in detail in the
market research report.
The market across the
European region covers Italy, France, Germany, and the United Kingdom.
Furthermore, the market research report provides details about the APAC region
covering markets from China, India, Australia, Japan, and others. The market outlook
is also active across several other parts of the world. The market report
covers all these key regions including the Middle East, Africa, Brazil, and
others active in the global nutraceuticals market size.
Industry News
BI Nutraceuticals, the
leading producer and retailer of plant-based foods in the United States has
been announced by the Martin Bauer Group. The acquisition provides the US tea,
beverage, food and food industry an extensive portfolio and a multi-faceted
manufacturing powerhouse. Capital expenditure in BI Nutraceuticals will reap
the aid for the Group's plan to promote rapid growth in North America through
local capacity including research & development, formulation and
production.
Contact us:
Market Research Future (part of Wantstats
Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York
10013, United States of America
Comments
Post a Comment