Nutraceuticals Product Market

1. "Nutraceuticals product Market is valued at USD 308.62 Billion in 2021 and expected to reach USD 509.02 Billion by 2028 with the CAGR of 7.41% over the forecast period." Rising trend towards prevalence of chronic diseases like diabetes, cancer, inflammatory and Parkinson's diseases as well as obesity with increasing ageing population are some key factors responsible for the growing demand of Nutraceuticals products market. Scope: Nutraceutical is a combination of two words “nutrition” and “pharmaceutics.” Nutraceuticals products are substances that have many health benefits and used as medicine to improve health, delay the aging process, increase life expectancy, prevent chronic diseases, and support the structure and function of the body. Nutraceuticals have potential nutritional, safety and therapeutic effects and show promising health aids in various complications such as on hard curative disorders related to oxidative stress including allergy, Alzheimer's, cardiovascular, cancer, diabetes, and eye, immune, inflammatory and Parkinson's diseases as well as obesity. According to the NCBI study, the market of the Nutraceuticals products market is expanding exponentially and would reach around USD 250 billion by 2018 globally. Nutraceuticals product includes yogurts and fortified breakfast cereals, vitamins, herbal remedies, and even genetically modified foods and supplements like Green Tea, Omega-3 fatty acids, etc. phytochemicals, functional foods, and nutritional supplements which provide nutritional value as similar to conventional food. Companies: Kraft Heinz Company AOR Archer Daniels Midland Company BASF SE Aneva Nutraceuticals Ltd.

2. The Hain Celestial Group Conagra General Mills Kellogg's Nestle Nature's Bounty Amway Hero Group Barilla Others Segmentation: By Product Type analysis Functional foods cereals bakery products dairy products snacks Others Functional beverages Fortifies juice Energy drinks Sports drink Others Supplementary diets Vitamins and minerals Fatty acids

3. Fiber & Specialty Carbohydrates, Enzymes Proteins Others By Distribution channel Type analysis Conventional Stores Specialty Store Drugstore & Pharmacies By Regional & Country Analysis North America U.S. Canada Europe Germany France U.K. Italy Spain Sweden Netherland Turkey Switzerland Belgium Rest of Europe Asia-Pacific South Korea

4. Japan China India Australia Philippines Singapore Malaysia Thailand Indonesia Rest Of APAC Latin America Mexico Colombia Brazil Argentina Peru Rest of South America Middle East and Africa Saudi Arabia UAE Egypt South Africa Rest Of MEA Market Dynamics: The growing need for nutraceutical products to the diabetic patient, chronic disease, as well as due to surge in both the aging and

5. geriatric population with increasing health awareness is responsible for the growth of self-care nutritional products. Regional Analysis: North America is dominating the nutraceutical product market with the potential rate due to rising awareness among the people about supplementary diets systems for the prevention and cure of diabetes and other chronic ailments for better health. The Asia Pacific is expected to emerge as the fastest-growing regional market due to rapidly increasing patient pool of chronic ailments like diabetes, cancer, inflammatory and Parkinson's diseases and growing need to cure with the help of suitable nutraceuticals and dietary system. Europe is the second-largest region for dominating the growth of nutraceutical products equipment due to rise of NCDs (Non- communicable Diseases) like diabetes, cardiovascular diseases, cancer, chronic diseases. According to WHO, the Europe region accounts to rise of NCDs with around 77% of the disease burden which directly increases the demand for nutraceutical products to prevent prevalence of these diseases.