Demand for Nutraceuticals Expected to Rise as Consumers Show Growing Inclination toward Natural Ingredients, Says TMR

Transparency Market
Research
Nutraceuticals Market - Global Industry Analysis, Size, Share,
Growth and Forecast 2015 – 2021
Published Date
23-09-2015
87 Page Report
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Demand for Nutraceuticals Expected to Rise as Consumers Show
Growing Inclination toward Natural Ingredients, Says TMR
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Nutraceuticals Market
REPORT DESCRIPTION
Global Nutraceuticals Market: Snapshot
The increasing consumer spending on functional food and beverages has been presenting lucrative
prospects for the global nutraceuticals market. Consumers, especially those across developed nations, are
currently exploring healthier lifestyle choices to curb the incidence of chronic and lifestyle diseases. Such
trends have bolstered demand for dietary supplement not only as means to boost physical performance
but also disease prevention option. Spurred by such factors, Transparency Market Research (TMR) projects
the global nutraceuticals market to rise at a CAGR of 7.3% between 2015 and 2021.
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Besides growth witnessed across developed regions, the market is also poised to see attractive
opportunities in Asia Pacific. The robust healthcare development demonstrated across emerging
economies of the region and increasing disposable income of people will accelerate the nutraceuticals
market in Asia Pacific.
As per TMR, the global nutraceuticals market stood at US$165.62 bn in 2014. Rising at a CAGR of 7.3%
from 2015 to 2021, the market is expected to reach US$278.96 bn, by the end of 2021.
Demand for Functional Food to Surge Considerably due to Rising Interest in Healthier Lifestyle
On the basis of revenue, functional food emerged as the largest product segment in the global
nutraceuticals market. It held a share of over 31% in the market in 2014. In the last couple of years, the
demand for functional food products such as branded wheat flour, fortified food, probiotics, omega fatty
acid fortified food, branded ionized salt, and others has surged considerably. The rising interest among
people to achieve wellness through diet, the increasing aging population, and the skyrocketing healthcare
costs have fuelling demand from the functional food segment.
Besides this, TMR expects the producers of functional beverages to witness attractive opportunities as
well. Demand for functional beverages is expected to be significantly high in countries across Asia as they
prefer dairy-based beverages more. As per TMR, over the next few years demand from the dietary
supplements segment is also expected to increase considerably.
Rising Health Consciousness among Consumers Boosts Demand for Nutraceuticals in North
America
Regionally, North America dominated the global nutraceuticals market in 2014 with a share of over 39.6%
in terms of value. As people in North America become more health conscious, the demand for
nutraceuticals from the region is expected to increase in response. The regional market is also expected to
gain from the persistently rising demand in Canada and the U.S.
Asia Pacific, in the same year, emerged as the second-largest market for nutraceuticals. The rising
demand for functional food and dietary supplement from emerging economies of Asia Pacific will
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accelerate sales of nutraceuticals in the region. The rising preference for health drinks among athletes and
sports person as these drinks help them gain edge in sports, losing weight, and staying healthy will also
augur well for the nutraceuticals market in Asia Pacific.
Furthermore, consumers in India are increasingly opting for nutraceuticals in place of their synthetic
alternatives for the treatment of chronic ailments. These developments will give significant impetus to the
nutraceuticals market in Asia Pacific.
Some of the companies operating in the global nutraceuticals market are Royal DSM N.V., Archer Daniels
Midland Company, BASF SE, Cargill, Incorporated, Groupe Danone S.A., E. I. du Pont de Nemours, Nestle
S.A., and Company, and General Mills, Inc.
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Market Segmentation
1.3 Research Scope
1.3.1 Assumptions
1.4 Research methodology
Chapter 2 Executive Summary
Chapter 3 Global Nutraceuticals Market – Industry Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Rising non-communicable chronic diseases and healthcare expenditure drives the usage of
nutraceuticals
3.2.1.2 Increasing demand for nutritional diet in developed countries
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3.2.1.3 Nutraceuticals acts as an alternative to prescription and OTC drugs
3.2.2 Restraints
3.2.2.1 Increasing nutraceutical product prices hindering the market growth
3.2.2.2 Lack of awareness about nutraceuticals
3.2.3 Opportunities
3.2.3.1 Growing potential in the Asia Pacific market due to highest growth
3.2.3.2 Technological advancement in Nutraceuticals
3.2.3.3 Usage of nutraceuticals across new application areas
3.3 Global Market Attractiveness by Product Type
3.4 Market Positioning of Major Players (%), 2014
Chapter 4 Global Nutraceuticals Market Analysis, by Product Type
4.1 Overview
4.2 Functional Food
4.2.1 Market size and forecast, 2014–2021
4.3 Functional Beverages
4.3.1 Market size and forecast, 2014–2021
4.4 Dietary Supplements
4.4.1 Market size and forecast, 2014–2021
4.5 Personal Care and Pharmaceutical
4.5.1 Market size and forecast, 2014–2021
Chapter 5 Global Nutraceuticals Market Analysis and Forecast, by Geography
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5.1 Introduction
5.2 North America
5.2.1 North America nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.2.1.1 U.S.
5.2.1.1.1 U.S. nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.2.1.2 Canada
5.2.1.2.1 Canada nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.2.1.3 Mexico
5.2.1.3.1 Mexico nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.3 Europe
5.3.1 Europe nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.3.1.1 U.K.
5.3.1.1.1 U.K. nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.3.1.2 Germany
5.3.1.2.1 Germany nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.3.1.3 France
5.3.1.3.1 France nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.3.1.4 Rest of Europe
5.3.1.4.1 Rest of Europe nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.4 Asia Pacific
5.4.1 Asia Pacific nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
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5.4.1.1 India
5.4.1.1.1 India nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.4.1.2 China
5.4.1.2.1 China nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.4.1.3 Japan
5.4.1.3.1 Japan nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.4.1.4 Rest of Asia Pacific
5.4.1.4.1 Rest of Asia Pacific nutraceuticals market size and forecast, 2014 – 2021 (USD
Billion)
5.5 Rest of the World (RoW)
5.5.1 RoW nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.5.1.1 Latin America
5.5.1.1.1 Latin America nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.5.1.2 Middle East
5.5.1.2.1 Middle East nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
5.5.1.3 Africa
5.5.1.3.1 Africa nutraceuticals market size and forecast, 2014 – 2021 (USD Billion)
Chapter 6 Company Profiles
6.1 Cargill, Incorporated
6.2 Archer Daniels Midland Company
6.3 Royal DSM N.V.
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6.4 BASF SE
6.5 Nestle S.A.
6.6 Groupe Danone S.A.
6.7 E. I. du Pont de Nemours and Company
6.8 PepsiCo Inc.
6.9 Aland (Jiangsu) Nutraceutical Co., Ltd.
6.10 General Mills, Inc.
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As per TMR, the global nutraceuticals market stood at US$165.62 bn in 2014. Rising at a CAGR of 7.3% from 2015 to 2021, the market is expected to reach US$278.96 bn, by the end of 2021. Download Free exclusive Sample of this report:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=169