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As growing emphasis is placed on prevention and effective nutrition globally, the future of nutraceuticals market looks strong and dynamic. Functional food which is known as nutraceuticals, it is a product that contains elements of a food and a medicine and has several additional health benefits in relation to traditional food. This blog is dedicated to the discussion of what is ahead in the nutraceuticals industry, the new trends, technologies, consumersu2019 preferences and other new trends that will lay foundation in the future of this industry.
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The Future of Nutraceuticals Around the Globe Innovations on the Horizon
Introduction As growing emphasis is placed on prevention and effective nutrition globally, the future of nutraceuticals market looks strong and dynamic. Functional food which is known as nutraceuticals, it is a product that contains elements of a food and a medicine and has several additional health benefits in relation to traditional food. This blog is dedicated to the discussion of what is ahead in the nutraceuticals industry, the new trends, technologies, consumers’ preferences and other new trends that will lay foundation in the future of this industry.
Global Nutraceutical Market Stats (Courtesy: foodprocessingindia.gov) Today, the USA, Japan and Europe holds 90% of the world total nutraceutical market. The nutraceutical market grew up to USD 336 billion by 2023 from USD 247 billion in 2019, at a CAGR of 8%. India's Nutraceutical Market Growth The Nutraceutical Industry in India is set to up their rank globally with USD 4-5 billion. They expect it to rise to about USD 18 billion by 2025.
Personalization and Tailored Solutions As the scientific understanding of genetics, microbiomes, and big data in health expands it is opening up possibilities of personalized supplements based on one’s health needs. General health and wellness supplements manufacturers are currently able to draw information on an individual’s genetic make-up, their lifestyle, and diet to produce targeted nutraceuticals to combat specific disorders.
Functional Foods and Beverages The future holds more and new food products to address targeted nutrition, health and dietary needs of individuals for digestive health, immunity and overall cognitive function. Furthermore, the manufacturers of weight management supplements, and many other nutraceuticals will have a crucial role to play to ensure that members of the community obtain nutritional products for fitness training.
Focus on Mental Health and Wellness Mental health is being recognized and products that improve cognition and overall wellbeing in the brain are also becoming popular. Some of the additions which are currently in research about their impacts in controlling stress, anxiety, and mood disorders include, adaptogens, nootropic, and herbal extracts.
The Future of Nutraceuticals in India Nutraceuticals are rapidly emerging as one of the favorite products in India due to growing health consciousness. It is observed today that the Indian consumer, with improved standard of living, enhanced purchasing power and with vastly improved access to information is turning to nutraceuticals as preventive health care products.
Conclusion The future of nutraceuticals is looking very positive and is marked with innovation, sustainability and empowered consumer. In the future, the developments of new technologies will lead to new products for consumers that follow the market being shifted towards health conscious products.
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