Increased Consumer Health Awareness Benefits Global Nutraceuticals Market

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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Press Release

Global Nutraceuticals Market to Expand at 7.3% CAGR from 2015

to 2021 due to Increasing Health Consciousness Among

Consumers

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Nutraceuticals Market

REPORT DESCRIPTION

The extra health benefits provided by the nutraceuticals in addition to the basic nutritional value is giving

a push to the global nutraceuticals market. The broad term ranges from isolated nutrients, herbal products

and processed foods and beverages, and dietary supplements to specific diets.

They can be considered non-specific biological therapies to provide physiological benefits, ailments to the

consumers and relief from numerous chronic diseases. Due to all the aforementioned benefits, a steady

growth has been witnessed during past few years and the trend is expected to continue because of an

increase in consumer spending habits on nutritious and healthy functional food worldwide.

Changing Lifestyles in Developed Countries Fuel the Demand for Nutraceuticals

A rise in the demand for nutraceuticals is propelled by the increasing awareness for nutritional diet in the

developed countries. The U.S.A and Canada, cumulatively, lead the market in 2014 and is anticipated to

grow steadily. In Europe, developed countries such as Germany, France, and the U.K have emerged as the

key nutraceutical market. Factors such as rising health concerns, and increasing consumer awareness to

avoid consuming on synthetic drugs and lead a healthy life are the major contributors to the growth of this

market.

Highest Growth Rate in Global Nutraceutical Market Makes APAC Full of Opportunities

While,...