The global nutraceutical market size was valued at USD 38.51 billion in 2019 and is expected to grow at a CAGR of 8% over the forecast period. With increasing application in the treatment of cardiovascular diseases and malnutrition, the favorable prospects for medical nutrition have the potential to promote the growth of dietary supplements. Increasing healthcare costs along with a globally growing elderly population are expected to help the global functional food industry grow during the forecast period.
A full report of Nutraceuticals Market available at https://www.orionmarketreports.com/nutraceuticals-market/10972/
Key Players
• PepsiCo Inc
• General Mills Inc.
• Nestle SA
• Kellogg Co.
• Herbalife International of America, Inc.
Nutraceuticals Market Segmentations
By Type
• Functional Food
• Functional Beverages
• Dietary supplements
• Personal Care and Pharmaceuticals
By Application
• General Wellness
• Beauty and Anti-Aging
• Weight Management
• Digestive Health
• Sports and Energy
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
