Nutraceuticals Market - Global Industry Analysis, Size, Share, Growth and Forecast 2015 – 2021
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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 Players to Find Promising Growth
Opportunities in Asia Pacific
Transparency Market Research
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Nutraceuticals Market
REPORT DESCRIPTION
With several consumers looking at nutraceuticals as a means to fortify their daily dietary intake and also as
an alternative to OTC drugs, the outlook for the global nutraceuticals market looks positive. According to a
recent study published by Transparency Market Research, the global nutraceuticals market stood at
US$182.60 bn as of 2015, and will rise to US$278.96 bn by 2021, exhibiting a CAGR of 7.3% from 2015
through 2021. These findings are discussed in detail in the report, titled ‘Nutraceuticals Market - Global
Industry Analysis, Size, Share, Growth and Forecast 2015 - 2021.’
Although consumers are increasingly considering nutraceuticals as a means to boost their preventative
healthcare programs, increasing prices of nutraceuticals will likely hinder the growth of the market globally.
The other restraint likely to be faced by the global nutraceuticals market is a lack of awareness about
these products in several growth markets. TMR’s report also identifies opportunities that can be harnessed
for the growth of the global nutraceuticals market. These include: Technological advancements, the
growing spending power of consumers in Asia Pacific, and new emerging application areas for
nutraceuticals. Nutraceuticals are perceived as a means to ensure optimal gut health, creating a conducive
setting for the growth of the global nutraceuticals market.
Browse full Nutraceuticals Market report...
