The European nutraceuticals market is projected to grow at a CAGR of 7.4% during the forecast period. Nutraceuticals are gaining significant importance in the day to day life of the European consumers. The major factor for the increasing consumption of the European population is the increased prevalence of lifestyle-related diseases across the region. Owing to this, nutraceuticals have become a necessity for consumers.
The European nutraceuticals market is segmented on the basis of product type and distribution channels. Based on the product type, the market is segmented into functional food, functional beverage, and dietary supplements. The functional food segment is projected to hold a significant share in the market owing to the availability and increased awareness about a wide range of functional food in the market.
Based on the distribution channel, the market is segmented into retail & supermarkets and online platform. The online distribution channel tends to exhibit significant growth during the forecast period. Further, the report covers the country-level analysis of the UK, Germany Italy, Spain, France, and the Rest of Europe. Germany is estimated to hold a significant share in the European nutraceuticals market. There is an increasing demand for functional food and beverages in Germany which drives the regional growth of the market.
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European Nutraceuticals Market Segmentation
By Product Type
- Functional Food
- Functional Beverage
- Dietary Supplements
By Distribution Channel
- Retail & Supermarket
- Online Platform
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Regional Analysis
- UK
- Germany
- Italy
- France
- Spain
- Rest of Europe
Company Profiles
- Arkopharma Laboratories SA
- Overview
- Arkopharma in Nutraceuticals Landscape
- Recent Developments
- Amway Corp.
- Bioextra Co. Ltd.
- Danone SA
- Nestle SA
- Koninklijke DSM NV
- MedServa GmbH
- Nutraceuticals Group Europe Ltd.
- Neuraxpharm Group
- Pharma Nord
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