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Global Nutraceuticals Market 2022
Nutraceutical is defined as a food or part of it that provides the body with medical or health benefits, including the prevention and treatment of a disease. In addition to vitamins, they contain naturally occurring ingredients such as garlic, ginseng and other herbal products such as phytochemicals extracted from plants. The global nutraceuticals market is poised to grow by US$ 175.2 billion during 2022-2028, progressing at a CAGR of 7.1% during the forecast period, according to data and analytics company StrategyHelix.
The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value for nutraceuticals. The global nutraceuticals market is segmented on the basis of product, ingredient, application, distribution channel, and region. By product, the global nutraceuticals market has been segmented into dietary supplements, functional beverages, functional food. In 2021, the functional beverages segment made up the largest share of revenue generated by the nutraceuticals market. Based upon ingredient, the global nutraceuticals market is categorized into fiber, omega-3, phytochemicals, probiotics, protein & peptides, vitamins & minerals. The vitamins & minerals segment was the largest contributor to the global nutraceuticals market in 2021. On the basis of application, the global nutraceuticals market has been segmented into beauty and anti-aging, general wellness, GI (gastrointestinal tract) and digestive health, heart health, sports and energy, weight management, others. The sports and energy segment is estimated to account for the largest share of the global nutraceuticals market. By distribution channel, the global nutraceuticals market has been segmented into e-commerce, pharmacies, retail stores, supermarkets & hypermarkets, others. The supermarkets & hypermarkets segment held the largest share of the global nutraceuticals market in 2021 and is anticipated to hold its share during the forecast period. Geographically, the global nutraceuticals market is segmented into Asia Pacific, Europe, North America, Rest of the World (RoW).
The functional food market is further segmented into bakery, confectionery, dairy non-drinkable, frozen fruits and vegetables, grain and flour, meat, snacks, and others. Among these, the confectionery segment was accounted for the highest revenue generator in 2021. Furthermore, the functional beverages market has been categorized into dairy drinkable, frozen fruits and vegetables (juices), non-carbonated drinks, tea and coffee, and others. The non-carbonated drinks segment captured the largest share of the market in 2021 and is expected to maintain its dominance during the forecast period. The dietary supplements market is further divided into herbal, minerals, vitamin and multi-vitamins, and others. According to the research, the vitamin and multi-vitamins segment had the largest share in the global nutraceuticals market.
The global nutraceuticals market is highly competitive. The report also includes the profiles of leading companies such as Abbott Laboratories, Amway Corporation, Danone S.A., General Mills Inc., GlaxoSmithKline plc, Helion Nutraceuticals LLC, Herbalife Nutrition Ltd., Kellogg Company, Nestle S.A., PepsiCo Inc., Pfizer Inc., Reckitt Benckiser Group PLC, Red Bull GmbH, Suntory Holdings Limited, The Bountiful Company, The Coca-Cola Company.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the nutraceuticals market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Product: dietary supplements, functional beverages, functional food
Ingredient: fiber, omega-3, phytochemicals, probiotics, protein & peptides, vitamins & minerals
Application: beauty and anti-aging, general wellness, GI (gastrointestinal tract) and digestive health, heart health, sports and energy, weight management, others
Distribution channel: e-commerce, pharmacies, retail stores, supermarkets & hypermarkets, others
Region: Asia Pacific, Europe, North America, Rest of the World (RoW)
Years considered: this report covers the period 2018 to 2028
Key Benefits for Stakeholders
– Get a comprehensive picture of the global nutraceuticals market
– Pinpoint growth sectors and trends for investment
Table of Contents
Part 1. Introduction
– Scope of the study
– Study period
– Geographical scope
– Research methodology
Part 2. Nutraceuticals market overview
Part 3. Market breakdown by product
– Dietary supplements
– Functional beverages
– Functional food
Part 4. Market breakdown by ingredient
– Protein & peptides
– Vitamins & minerals
Part 5. Market breakdown by application
– Beauty and anti-aging
– General wellness
– GI (gastrointestinal tract) and digestive health
– Heart health
– Sports and energy
– Weight management
Part 6. Market breakdown by distribution channel
– Retail stores
– Supermarkets & hypermarkets
Part 7. Market breakdown by region
– Asia Pacific
– North America
– Rest of the World (RoW)
Part 8. Key companies
– Abbott Laboratories
– Amway Corporation
– Danone S.A.
– General Mills, Inc.
– GlaxoSmithKline plc
– Helion Nutraceuticals LLC
– Herbalife Nutrition Ltd.
– Kellogg Company
– Nestle S.A.
– PepsiCo, Inc.
– Pfizer Inc.
– Reckitt Benckiser Group PLC
– Red Bull GmbH
– Suntory Holdings Limited
– The Bountiful Company
– The Coca-Cola Company