Global Nutraceuticals Market to Expand at 7.3% Cagr from 2015 to 2021 Due to Increasing Health Consciousness Among Consumers

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

Transparency Market Research (TMR) has announced the addition of a new market study on the

nutraceuticals market. The report analyzes the drivers and restraints of the market. The report is titled

“Nutraceuticals Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021.”

As per the findings in the report, the market, which was valued at US$182.60 bn in 2015, will rise to

US$278.96 bn by 2021, exhibiting a CAGR of 7.3% from 2015 through 2021. An increase in the prevalence

of non-communicable chronic diseases and rising healthcare expenditure are expected to drive the global

nutraceuticals market.

Nutraceuticals are products that offer health and nutrition benefits over and above the basic nutrition

value present in food items. Nutraceuticals range from dietary supplements, isolated nutrients, and herbal

products to processed foods and beverages. Nutraceuticals offer lucrative margins to food and beverages

company and also have minimal regulatory requirements involved. Thus, an increasing number of

companies are entering the nutraceuticals market.

Increasing health consciousness among consumers is driving the global nutraceuticals market. The

increasing consumer awareness about the basic nutrition value present in food and growing preference for

nutritious products are driving the global nutraceuticals market. The use of nutraceuticals products...