Press Release

Nutraceuticals are food and beverages which cater to individual nutritional demands and offer health benefits beyond basic nutrition. Nutraceuticals range from fortified products (such as vitamin-fortified juices) to enhanced commodities(such as eggs with higher omega-3 content). These products can be required due to certain health conditions, professional needs or food allergies and intolerances, and can help enhance immunity and digestion, prevent chronic diseases, improve cognitive behaviour, etc.

Highlights of the Global Nutraceuticals Market:

  • The shifting consumer preference towards personalised nutrition products remains the major growth driver.
  • Digestive and immune health products dominated the market, representing the most popular indication type.
  • The United States is the largest market, accounting for around a fourth of the global market.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/global-nutraceuticals-market

The market is currently being driven by a number of growth inducing factors. One of the major factors is the shift towards personalized nutrition which has enabled the manufacturers to provide products that are better suited to the individual health and nutritional requirements of the consumers. Furthermore, the increase in the aging population and the prevalence of lifestyle diseases, particularly in the developed regions, has encouraged the demand for nutraceuticals. Several other factors such asbetter understanding towards fitness, growing health concerns, lifestyle changes,increasing disposable incomes and demand from emerging regions are alsostimulating the global nutraceutical market. New product launches are further projected to strengthen the market growth. Owing to these factors, the market is expected to reach a value of US$ 403 Billion by 2024.

The report has examined the global nutraceuticals market on the basis of:

Type:

  • Personalised Foods
  • Personalised Beverages

Region:

  • United States
  • China
  • Mexico
  • Japan
  • Brazil
  • United Kingdom

Some of the major players operating in the industry include:

  • PepsiCo Inc.
  • Coca Cola
  • Otsuka
  • Yakult Honsha
  • Danone
  • GlaxoSmithKline
  • Cadbury
  • Morinaga
  • Nestlé
  • Kirin Brewery

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/global-nutraceuticals-market/requestsample

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This post was originally published on Stock Markets News

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IMARC Group is a leading market research company that provides market and business research intelligence across the globe. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. We make an effort to fulfill specific and niche requirements of the industry while balancing the quantum of quality with stipulated time and trace major trends at both the domestic and global levels. The information products and services provided by IMARC cover major technological, scientific and economic developments in industrial, pharmaceutical and high technology organizations.