Nutraceuticals Market Trends, Development, Revenue, Demand and Forecast to 2026 | Says MarketReportsWorld.com

Laveta Brigham

The MarketWatch News Department was not involved in the creation of this content. Sep 29, 2020 (The Expresswire) — The globalnutraceuticals marketsize is predicted to reach USD 486.36 billion by 2026, exhibiting a CGAR of 8.14% during the forecast period. The growing demand for functional food and beverage will create […]

The MarketWatch News Department was not involved in the creation of this content.

Sep 29, 2020 (The Expresswire) —
The globalnutraceuticals marketsize is predicted to reach USD 486.36 billion by 2026, exhibiting a CGAR of 8.14% during the forecast period. The growing demand for functional food and beverage will create new opportunities for the nutraceuticals market growth during the forecast period. The surge in product development and innovation activities and rising availability of nutraceutical products will augur well for the market. In addition, the increasing adoption of unique marketing strategies by key players will enable healthy growth of the market in the forthcoming years.

According to the published report, by Fortune Business Insights, titled“Nutraceuticals Market Size, Share and Industry Analysis, By Product Type (Functional Foods, Functional Beverages, and Dietary Supplements), Distribution Channel (Supermarkets/ Hypermarkets, Convenience Stores, Online Retail and Others), and Regional Forecast, 2019 2026”the market size stood at USD 486.36 billion by 2026. The nutraceuticals market report offers informative insights into all the prevailing trends of the nutraceuticals market analysis. It shares a comprehensive summary of all the segments and regions. It provides statistical data on all the recent developments in the market. It is created after extensive research followed by all-encompassing analysis to benefit companies, stakeholders, financers, and potential investors. It is designed with an aim to provide a clear picture of the market size. Moreover, it also includes product launches, acquisitions, collaborations and partnerships, and innovations and industry developments.

Request a Sample Report:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/nutraceuticals-market-102530


Competitive Landscape
:

Launch of Nutrilite Cal Mag D Plus byAmway Indiato Boost Market Prospects

Amway India, India’slargest direct selling FMCGCompany, launched Nutrilite Cal Mag D Plus, an enhanced version of the calcium supplement. The newly introduced calcium supplement offers vital nutrition to support and aid in the development of healthy bones. The Nutrilite Cal Mag D Plus is filled with rich algal source along with calcium carbonate and vitamin D that promotes calcium absorption. The unveiling of the new product by Amway India can be a critical factor in accelerating the nutraceuticals market revenue owing to its nutrients comprisal such as magnesium, manganese, and zinc along with vitamin D for the promotion of healthy bones.

List of the Key Companies in the GlobalNutraceuticals Market Include:

  • Abbott

  • Amway

  • Danone S.A.

  • Nestle S.A.

  • Glanbia Nutritionals

  • Herbalife International of America, Inc.

  • The Archer Daniels Midland Company

  • BASF SE

  • PepsiCo, Inc.

  • General Mills, Inc.


Browse Detailed Research Insights with TOC:

https://www.fortunebusinessinsights.com/nutraceuticals-market-102530

Furthermore, the Senior Research Scientist, at Nutrilite Health Institute, Amway, said in a statement, our current lifestyle which includes less exposure to the sun, irregular eating habits, and junk food preference in the daily diet can lead to a shortfall in essential nutrients required by the body.

Calcium is one of the key micronutrients that is needed to support important functions in the human body that goes beyond just healthy bones and teeth. While food is the best source, a high-quality dietary supplement can help fill the nutrient gap in our modern diet. He Further added, “we have procured plant-based calcium from an algal source and additional vitamin D to promote calcium absorption, as well as added zinc, manganese and magnesium, making Cal Mag D Plus more effective calcium supplement.” In addition, increasing RandD by prominent players for the development of novel products is predicted to benefit the nutraceuticals market in India and others countries.

Regional Analysis

Increasing Health Awareness to Stimulate Growth in Asia Pacific

The market in Asia Pacific is predicted to grow significantly during the forecast period owing to the growing health awareness. The increasing disposable income in countries of Asia Pacific has led to a surge in spending for nutritional products to prevent lifestyle diseases and improve overall health. The market in North America stood at USD 66.71 billion and is likely to witness high growth during the forecast period owing to the prevalence of lifestyle-related conditions such as obesity, diabetics, and cardiovascular diseases in the region.

Detailed Table of Content:

  • Introduction

  • Executive Summary

  • Market Dynamics

  • Key Insights

TOC Continued…!

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https://www.fortunebusinessinsights.com/enquiry/customization/nutraceuticals-market-102530

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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Read Press Release:https://www.fortunebusinessinsights.com/press-release/nutraceuticals-market-9682

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