Nutraceuticals Market - Global Industry Analysis, Size, Share, Growth and Forecast 2015 – 2021

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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

Nutraceuticals Market to surpass US$278 bn Globally by 2021 Propelled

by Soaring Demand for Functional Foods and Beverages

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Nutraceuticals Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research “Nutraceuticals Market Global Industry Analysis, Size, Share, Growth and Forecast, 2015 - 2021”, global nutraceuticals market was

valued at US$165.62 bn in 2014 and is expected to reach US$278.96 bn by 2021, growing at a CAGR of

7.3% from 2015 to 2021. North America is expected to dominate the global nutraceuticals market in terms

of demand over the forecast period.

Nutraceuticals are products that provide nutritional benefits in addition to the basic nutritional value

present in food. The modern consumers are more health conscious and have better awareness about

nutritional products. Furthermore, consumers use dietary supplements not only as means to meet the

recommended daily intake of nutrients but also as a physical performance booster and disease prevention

option. In addition, there has been a shift in consumer preference from synthetic ingredients to organic

foods and ingredients, which are obtained from non-genetically modified food sources (non-GM) extracts.

Consumers are adopting nutritional products as the key to maintain good health and this in turn is driving

the global nutraceuticals market globally.

Browse the full Nutraceuticals Market - Global Industry Analysis, Size, Share, Growth and

Forecast 2015 - 2021 report...