NUTRACEUTICALS MARKET 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
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NUTRACEUTICALS MARKET 2018 Nutraceuticals Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
Nutraceuticals which are a combination of nutrients and pharmaceuticals are seeing increased demand due to rising awareness of consumption of nutrient healthy products. Market reports linked to the food, beverage & nutrition sector made available by Market Research Future along with published reports on other sectors have been recently published along with a report on this market. The industry is anticipated to achieve USD 319.6 billion approximately in terms of revenue while expanding at a CAGR of 6.70 percent by 2023.
Upsurge in the level of eating disorders and lifestyle diseases have prompted an increased level of interest in the nutraceutical sector. The benefits of nutraceuticals in improving the overall health and also addressing certain health issues have been instrumental in the growth of the sector. The lack of nutrient rich produce organically due to environmental degradation and reduction of soil quality are a few of the causes that are contributing to the growth of demand for the nutraceutical sector.
NUTRACEUTICALS MARKET 2018
Intended Audience: •
Personal care products manufacturers
Retailers, wholesalers and distributors
Traders, importers and exporters
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NUTRACEUTICALS MARKET 2018 Regional Analysis The industry for nutraceuticals on a global level has been witnessing constant growth throughout the forecast period owing to its high levels of medicinal and nutritional points culminating in rising uses of nutraceuticals in various industries. In terms of value and volume, The North American market is likely to lead the nutraceuticals industry catching the chief portion of 36.69 percent. Similarly, the Asia Pacific region is expected to grow at a rate of 7.82 per cent in the forecast period.
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NUTRACEUTICALS MARKET 2018 Application & Major Players in this Research: Nutraceuticals Market Prominent Players:
Archer-Daniels-Midland Company (U.S.), BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), GlaxoSmithKline Plc (U.K), Abbott Nutrition Manufacturing Inc. (U.S.), DSM Nutritional Products, Inc. (the Netherlands) and Cargill Inc. (U.S.)
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