The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Nutraceuticals Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Nutraceuticals Industry (2025-2030):
According to the latest report, The Nutraceuticals Market size was valued at around USD 485 billion in 2024 and is projected to reach USD 885 billion by 2030. The market is also estimated to grow at a CAGR of around 7.2% during the forecast period, i.e., 2025-30. The report demonstrates the prominent factors propelling the exponential growth of the Nutraceuticals industry.
Key Takeaways: Beneficial for Stakeholders and Clients:
- Historical Data: 2020-23
- Base Year: 2024
- Forecast Period: 2025-30
- CAGR – 7.2%
- Market Value in 2024: USD 485 Billion
- Market Value in 2030: USD 885 Billion
What are the major Driver the global Nutraceuticals industry?
Inclination Towards Customized Nutraceuticals – Customization personalization of nutraceuticals is quickly gaining popularity, principally on the back of growing awareness among consumers about the convenient availability health benefits of these elements. Besides, since nutraceuticals are developed to enhance human health meet their unmet nutritional requirements, their demand is elevating substantially and positively influencing the overall market growth. Numerous customers are also expressing interest in tailored products, including supplements, diet plans, workout regimens. Backed by the continuous expansion of the nutraceuticals market due to the mounting need for acceptance of nutritional supplements, it shall make a prominent intervention in predictive proactive health during the forecast period.
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Nutraceuticals Market Segmentation
The Nutraceuticals Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Product Type
- Dietary Supplements
- Proteins Peptides
- Vitamins
- Minerals
- Botanicals Herbals (Ayurveda Extracts, Plant Extracts, Algal Extracts, And Phytochemicals)
- Fibre Specialty Carbohydrates
- Omega Fatty Acids Others
- By Source
- Plant
- Animal
- Microbial
- By Form
- Tablets Capsules
- Gummies Soft Gels
- Powder Liquid
- By Sales Channel
- Offline Store-Based
- Supermarkets Hypermarkets
- Specialty Stores
- Online
- By Region
- North America
- South America
- Europe
- The Middle East Africa
- Asia Pacific
As per the regional aspect, the Nutraceuticals Market is expected to be dominated by North America by capturing the potential market share.
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Top Companies in the Nutraceuticals Market
Bayer AG, Vitabiotics Ltd., BASF SE, Torrent Pharmaceuticals Ltd., General Mills Inc., Natrol Inc., dsm-firmenich Nutritional Products AG, Nestlé S.A., Bactolac Pharmaceutical Inc., GlaxoSmithKline plc., Bionova Life Sciences, Pfizer Inc., Amway Corp., Danone S.A., Herbalife Nutrition Ltd., others
Others Reports:
Global Nutraceuticals Industry Recent Development:
2024: Danone one of the popular brands, STōK Cold Brew, introduced “Cold Brew Energy. STōK Cold Brew Energy is crafted with 195 milligrams of caffeine and enhanced with B vitamins, ginseng, and guarana. Danone targets a clear consumer need with a differentiated "energy coffee" offering.
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