Connect with us
European Gaming Congress 2024

Fintech PR

USD 700 Billion Growth in Nutraceuticals Market Size 2023 – Industry Analysis, Market Trends, Market Growth, Opportunities | Sector Growing at 9.4% CAGR during the Forecast Period 2023 to 2030

Published

on

usd-700-billion-growth-in-nutraceuticals-market-size-2023-–-industry-analysis,-market-trends,-market-growth,-opportunities-|-sector-growing-at-9.4%-cagr-during-the-forecast-period-2023-to-2030

NEW YORK, July 10, 2023 /PRNewswire/ — The global nutraceuticals market size was valued at USD 353 billion in 2022 and is expected to surpass USD 700 billion by 2030, registering a CAGR of 9.4% during the forecast period (2023- 2030), as highlighted in a report published by Facts and Factors.

Report Link with All Related Graphs & Charts: https://www.fnfresearch.com/nutraceuticals-market

Nutraceuticals Market: Overview

Nutraceuticals is a term used to describe a product that is derived from food sources and has additional health benefits in addition to providing food’s essential nutritional value. Food supplements, herbal products, and processed foods such as stews, cereals, and beverages are kept separate. These items are also used as medication and provide protection against chronic diseases.

According to the NCBI, nutraceuticals are used to improve health, slow the ageing process, prevent chronic diseases, and increase life expectancy. According to NIH researchers, nutraceuticals have attracted significant interest in the healthcare industry due to their therapeutic benefits. According to reports, nutraceuticals have been found to be effective against Alzheimer’s, cancer, allergies, diabetes, and Parkinson’s disease.

Get a Free Sample PDF of this Research Report for More Insights with Table of Content, Research Methodology, and Graphs – https://www.fnfresearch.com/sample/nutraceuticals-market

Our Free Sample Report Consists of the Following:

  • 2023 Updated Report Introduction, Overview, and In-depth industry analysis
  • 229+ Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2023 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes an Updated List of tables & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Facts and Factors Methodology

Key Industry Insights & Findings of the Nutraceuticals Market Reports:

  • As per the analysis, the nutraceuticals market share is likely to grow above a CAGR of around 9.4% between 2023 and 2030.
  • The nutraceuticals market size was worth around USD 353 billion in 2022 and is estimated to hit approximately USD 700 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • The global nutraceuticals market is anticipated to record massive growth over the forecast period owing to the humungous consumption of functional foods has translated into a rise in the demand for nutraceuticals.
  • Based on the product, the functional foods segment is predicted to contribute majorly towards the global market share over the forecast timeline.
  • In terms of ingredients, the probiotics segment is projected to record the highest CAGR over 2023-2030.
  • On the basis of application, the weight management & safety segment is slated to dominate the segmental surge over the forecast period.
  • Region-wise, the Asia-Pacific Nutraceuticals market is projected to register the highest CAGR during the assessment period.

Browse Complete Report Here | Nutraceuticals Market Size, Share, Growth Analysis Report By Product (Dietary Supplements, Functional Beverages, and Functional Foods), By Ingredient (Probiotics, Prebiotics, Sweeteners, Vitamins, Whey Proteins, Proteins, Omega-3, Minerals, Marine Ingredients, Lipids & Fatty Acids, Krill, Juices & Concentrates, Isoflavones, Glucosamine, Fruit & Vegetables, Flavors, Fibers, Fats & Oils, Fat Replacers, Essential Oils, Enzymes, Dairy Ingredients, Colostrum, Aloe Vera, Amino Acids, Carotenoids, Carnitine, and Carbohydrates), By Application (Weight Management & Safety, Bone & Joint Health, Energy & Endurance, Heart Health, Digestive Health, Animal Nutrition, Immune System, Women’s Health, and Post-Pregnancy & Reproductive Health), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2023 – 2030

Industry Growth Drivers:

  • Lifestyle-related disease awareness will drive worldwide market trends

Massive consumption of functional foods has resulted in an increase in demand for nutraceuticals, thereby accelerating the global expansion of the nutraceuticals market. The expansion of the global market will be driven by an increase in consumer concentration on health-promoting foods and awareness of lifestyle-related disorders.

In addition, a rise in consumer spending in developed nations and heightened health consciousness will expand the global market’s growth potential. Massive consumption of dietary supplements has shifted consumer preferences towards self-medication and treatment of lifestyle-related maladies, such as malnutrition. In turn, this has provided a solid foundation for global market expansion.

The expansion of the global nutraceuticals market has been greatly influenced by the ageing population, rising healthcare costs, and shifting dietary preferences. Global market demand has been positively impacted by technological advancements in the nutraceuticals industry and the use of artificial intelligence in the field.

Advertisement

Restraints:

  • The global expansion of the nutraceutical industry will be hampered by the escalating cost of ingredients

The expansion of the global nutraceuticals industry will be stymied by the challenges encountered by industry participants during the manufacturing process and the lengthy extraction of ingredients required to produce nutraceuticals. In addition, rising costs of nutraceutical constituents can impede the global expansion of the industry.

Directly Purchase a Copy of The Report with TOC | Quick Delivery Available @ https://www.fnfresearch.com/buynow/su/nutraceuticals-market

Global Nutraceuticals Market: Segmentation

The global market for nutraceuticals is segmented by product, ingredient, application, and region.   

The global nutraceuticals market is segmented by product into dietary supplements, functional beverages, and functional foods. In addition, it is anticipated that the functional foods segment, which accounted for over 40% of the global market share in 2022, will maintain its segmental dominance over the forecast period.

Ingredient-wise, the nutraceuticals industry across the globe is divided into probiotics, prebiotics, sweeteners, vitamins, whey proteins, proteins, omega-3, minerals, marine ingredients, lipids & fatty acids, krill, juices & concentrates, isoflavones, glucosamine, fruit & vegetables, flavours, fibres, fats & oils, fat replacers, essential oils, enzymes, dairy ingredients, colostrum, aloe vera, amino acids, carotenoids, carnitine and carbohydrates segments.

The global nutraceuticals market is segmented by application into weight management & safety, bone & joint health, energy & endurance, heart health, digestive health, animal nutrition, immune system, women’s health, and post-pregnancy & reproductive health.

Recent Developments:

  • In the second quarter of 2022, The Kellogg Company, a U.S.-based food manufacturing firm, launched a new protein snack bar comprising 6 gms of protein and 90 calories. For the record, the snack bar is provided in two delectable flavors, rich chocolaty brownie sundae, and sweet berry vanilla. The move is predicted to boost the growth of the global nutraceuticals industry.
  • In the first half of 2022, PepsiCo, Inc., a U.S.-based food company, introduced a hemp-infused drink in the U.S. Moreover, the energy drink branded as “Rockstar Unplugged”, comprises hemp seed oil, lemon balm, vitamin B, and spearmint. The strategic move will embellish the market growth trends in the U.S.

Have Any Query? Ask Our Experts: https://www.fnfresearch.com/inquiry/nutraceuticals-market

Competitive Players

The report contains qualitative and quantitative research on the global nutraceuticals market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market’s main competitors, as well as information on their competitiveness.

Advertisement

Some of the main players in the global nutraceuticals market include;

  • DSM
  • PepsiCo Inc.
  • Amway
  • Herbalife Nutrition Limited
  • Pfizer Inc.
  • Archer Daniels Midland Company
  • Nestle S.A.
  • The Kraft Heinz Company
  • General Mills
  • The Hain Celestial Group Inc.
  • BASF SE
  • Nature’s Bounty
  • Abbot Industries
  • General Mills Inc.
  • Danone Corporation
  • Glanbia Plc
  • Tyson Foods

Key questions answered in this report:

  • What is the growth rate forecast and market size for Nutraceuticals Market?
  • What are the key driving factors propelling the Nutraceuticals Market forward?
  • What are the most important companies in the Nutraceuticals Market Industry?
  • What segments does the Nutraceuticals Market cover?
  • How can I receive a free copy of the Nutraceuticals Market sample report and company profiles?

Report Scope:

Report Attribute

Report Details

Market Size in 2022

USD 353 Billion

Market Forecast in 2030

USD 700 Billion

Growth Rate

CAGR of 9.4%

Base Year

Advertisement

2022

Forecast Years

2023- 2030

Key Companies Covered

DSM, PepsiCo Inc., Amway, Herbalife Nutrition Limited, Pfizer Inc., Archer Daniels Midland Company, Nestle S.A., The Kraft Heinz Company, General Mills, The Hain Celestial Group Inc., BASF SE, Nature’s Bounty, Abbot Industries, General Mills Inc., Danone Corporation, Glanbia Plc, Tyson Foods., and others.

Segments Covered

By Product, Ingredient, Application, and Region

Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

Customization Scope

Advertisement

Avail customized purchase options to meet your exact research needs.

 

Request for Customization on this Report as per your requirements – https://www.fnfresearch.com/customization/nutraceuticals-market

(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)

Regional Analysis:

  • North American nutraceuticals market will lead globally

North America, which accounted for more than 30 percent of the global nutraceuticals market’s revenue in 2022, is anticipated to experience profitable expansion during the forecast period. The expansion of the regional market over 2023-2030 may be influenced by a rise in consumer health concerns and rising awareness of nutraceuticals.

The increase in the geriatric population and consumer expenditure on healthcare products, as well as changes in lifestyles, will contribute to the expansion of regional market trends. A rise in healthcare spending in the United States will drive the expansion of the regional market.

In addition, the Asia-Pacific region is anticipated to register the highest CAGR in the anticipated timeframe for the nutraceuticals industry. A rise in living standards, a rise in per capita income, and an increase in population are factors that are likely to influence the growth of the regional industry.

Global Nutraceuticals Market is segmented as follows:

By Product Segment Analysis

  • Dietary Supplements
  • Functional Beverages
  • Functional Foods

By Ingredient Segment Analysis

  • Probiotics
  • Prebiotics
  • Sweeteners
  • Vitamins
  • Whey Proteins
  • Proteins
  • Omega-3
  • Minerals
  • Marine Ingredients
  • Lipids & Fatty Acids
  • Krill
  • Juices & Concentrates
  • Isoflavones
  • Glucosamine
  • Fruit & Vegetables
  • Flavors
  • Fibers
  • Fats & Oils
  • Fat Replacers
  • Essential Oils
  • Enzymes
  • Dairy Ingredients
  • Colostrum
  • Aloe Vera
  • Amino Acids
  • Carotenoids
  • Carnitine
  • Carbohydrates

By Application Segment Analysis

  • Weight Management & Safety
  • Bone & Joint Health
  • Energy & Endurance
  • Heart Health
  • Digestive Health
  • Animal Nutrition
  • Immune System
  • Women’s Health
  • Post-Pregnancy & Reproductive Health

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
    • Rest of Southeast Asia
  • The Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

 

Browse Other Related Research Reports from Facts & Factors

Advertisement

Browse Through Facts and Factors Coverage of the Global Food & Beverages Industry

Follow Us on – LinkedIn | Twitter | Facebook

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts and Factors
Tel: +1 347 690-0211
USA/Canada Toll-Free No. +44 2032 894158

Email: [email protected]
Web: https://www.fnfresearch.com

Logo – https://mma.prnewswire.com/media/1981423/FnF_Research_Logo.jpg

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/usd-700-billion-growth-in-nutraceuticals-market-size-2023—industry-analysis-market-trends-market-growth-opportunities–sector-growing-at-9-4-cagr-during-the-forecast-period-2023-to-2030–301873048.html

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fintech PR

Apt.Residential Selects Yardi’s Technology to Support BTR Projects

Published

on

apt.residential-selects-yardi’s-technology-to-support-btr-projects

Australian property developer and operator to utilise innovative cloud platform for construction and investment accounting

SYDNEY, Sept. 18, 2024 /PRNewswire/ — Apt.Residential, an owner, developer and operator of residential properties in Australia, has chosen Yardi’s single connected platform to support growth, connect teams and manage capex projects and build.

With Yardi®, Apt.Residential can manage its funds and simplify complex financial processes, mitigate risk and deliver real-time insights into projects. The platform provides more visibility from investor to asset and delivers enhanced and accurate reporting. The company can access live data for costing, expenses, and revenue on all projects, from ground-up development to single-unit improvements and will allow Apt.Residential to grow the volume of units within BTR once they have operational units.

“We wanted to find the best platform for BTR that would support growth, streamline management of capex projects and handle our complex accounting,” said Michael Hogg, co-founder & head of operations for Apt.Residential. “Yardi’s single integrated platform was the best solution as it ensures our team can connect on one system and not worry about integrations or using multiple platforms.”

“We’re excited to work with Apt.Residential and support its growth as the company expands its BTR projects,” said Neal Gemassmer, vice president and general manager for Yardi. “Our connected platform will help Apt.Residential enhance communication and set them up so they’re ready to operate once development has completed.”

See how Yardi’s end-to-end technology can help drive your digitalisation strategies.

About Apt.Residential
Apt.Residential is a leading vertically integrated owner, developer, and operator of residential properties in Australia backed by global institutional capital. The company develops residential communities where wellbeing and connectedness come first. Its human-centric approach allows Apt.Residential to shape places for people who crave comfort, community, and elevated living. For more information, please visit aptresidential.au.

Advertisement

About Yardi

Celebrating its 40-year anniversary in 2024, Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,500 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.com.au.

Photo – https://mma.prnewswire.com/media/2508843/Yardi_AptResidential.jpg
Logo – https://mma.prnewswire.com/media/737275/Yardi_Logo.jpg

 

 

Cision View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/aptresidential-selects-yardis-technology-to-support-btr-projects-302252015.html

Continue Reading

Fintech PR

NewCo Capital Group Continues Global Expansion as 2024 Milestones Set The Stage for an Ambitious Q4

Published

on

newco-capital-group-continues-global-expansion-as-2024-milestones-set-the-stage-for-an-ambitious-q4

NEW YORK, Sept. 18, 2024 /PRNewswire/ — As Q4 fast approaches, NewCo Capital Group (“NewCo”) and Australia-based Bizcap are finalizing year-end initiatives to strategically position both companies for an ambitious expansion in 2025.

Both companies have celebrated a highly successful 2024, marked by remarkable and accelerated growth. This momentum has been driven by Bizcap’s unique Line of Credit product, NewCo’s introduction of their “Line of Capital” product and the launch of NewCo’s new mobile app. CEO Albert Gahfi emphasized the importance of closing 2024 on a high note to set the stage for future growth. “We’ve had an exceptional year so far, but our focus is on what comes next. We’re building the foundation for 2025 and beyond, ensuring that NewCo and Bizcap are positioned for continued global expansion.”

The plan for Q4 includes deepening their presence in existing markets while making calculated moves into new territories, including Singapore, Germany, and Luxembourg. “There are new opportunities in emerging markets that are currently underserved, where we believe we can make a significant impact. As a result, 2025 promises to be an exciting year for SMB financing globally.”

By reinforcing their operational and technological infrastructure, the companies are preparing to meet the demands of a rapidly evolving global financing landscape. “2024 has been a year of strong growth, but we’re not stopping here,” Gahfi said. “We are focused on delivering innovative financing solutions that not only meet the needs of today but also anticipate the demands of tomorrow. As we head into 2025, we’re ready to expand our reach and provide even more businesses with the capital they need.”

Part of a multinational collaboration, NewCo and Bizcap have successfully deployed over $1.5 billion to over 35,000 businesses worldwide. Gahfi commented, “We’re moving capital faster and more effectively than any other sector and our clients are benefiting from that growth.”

NewCo’s strength lies in its ability to adapt quickly, using a unique mix of proprietary technology, nuanced underwriting, and an experienced risk management team. The companies’ hybrid approach is challenging outdated financing models, making NewCo a preferred partner for SMBs looking for custom capital solutions that truly fit their needs.

“We’re not just growing; we’re leading,” Gahfi added. “As we expand globally, our goal remains the same—helping small businesses scale, create jobs, and thrive.”

With a clear strategy and a relentless focus on delivering value, NewCo Capital Group is primed to deepen its market influence and capitalize on emerging opportunities. As the company prepares for its next wave of market entries, Q4 will serve as a pivotal launchpad for an even more ambitious 2025, setting the stage for continued growth and global leadership.

For more information, visit www.NewCoCapitalGroup.com.

Contact:

Advertisement

NewCo Capital Group
Email: [email protected]
Website: www.NewCoCapitalGroup.com

Logo – https://mma.prnewswire.com/media/2489715/NewCo_Capital_Group_and_bizcap_Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/newco-capital-group-continues-global-expansion-as-2024-milestones-set-the-stage-for-an-ambitious-q4-302252281.html

Continue Reading

Fintech PR

Zulu Ecosystems and Severn Trent Water secure Innovate UK funding to pioneer catchment-scale Nature-based Solutions

Published

on

zulu-ecosystems-and-severn-trent-water-secure-innovate-uk-funding-to-pioneer-catchment-scale-nature-based-solutions
  • Partnership aims to develop innovative funding model for nature-based solutions that enhance water resilience in the Idle and Torne catchment, a priority area for environmental improvement
  • Project will aggregate supply and demand for ecosystem services across the 1,200km2 catchment, benefiting both nature and local communities
  • Led by Zulu Ecosystems, the collaboration seeks to accelerate private investment in nature recovery while addressing critical water challenges

LONDON, Sept. 18, 2024 /PRNewswire/ — Zulu Ecosystems and Severn Trent Water have been awarded funding from Innovate UK, the UK’s innovation agency, for a £580,000 project to develop a groundbreaking catchment system operator model for unlocking private investment in nature. The project aims to enhance water resilience and deliver multiple benefits for both nature and local communities in the Idle and Torne River catchment.

The Idle and Torne catchment, identified as a priority catchment by the Environment Agency, faces significant challenges including drought risk, flood vulnerability, and water quality issues. Approximately 60% of water bodies in the catchment currently fail to meet good ecological status. However, the area also presents substantial opportunities for nature recovery, with potential to restore over 5,000 hectares of priority habitats and significantly improve water resources management.

This innovative partnership will leverage Zulu Ecosystems’ cutting-edge natural capital assessment capabilities and Severn Trent Water’s expertise in water management to create a scalable approach for funding and delivering nature-based solutions. The project will focus on interventions such as woodland creation, wetland restoration, and riparian woodland to address the catchment’s pressing environmental challenges. The project will engage local stakeholders, including farmers, landowners, and community groups, to ensure that interventions reflect local needs and knowledge.

Ed Asseily, CEO of Zulu Ecosystems, said:

“This funding from Innovate UK is a game-changer for how we approach local nature recovery and water resilience. By developing a catchment-scale model that aggregates both the supply of and demand for ecosystem services, we can accelerate the flow of private capital into nature-based solutions.”

Severn Trent Water will play a key role as the project’s System Operator, strategically coordinating plans and aligning stakeholder priorities to maximise outcomes for water services and the environment.

Richard Smith, Strategic Asset Planning Manager at Severn Trent Water, commented:

“We’re excited to partner with Zulu Ecosystems on this transformative project. By adopting a system operator approach, we can ensure that investments in nature-based solutions deliver the greatest possible benefits for our customers, local communities, and the environment.”

This project has been funded by Innovate UK as part of the ‘Integrating Finance and Biodiversity for a Nature Positive Future’ programme, a joint initiative between the Natural Environment Research Council (NERC) and Innovate UK. This £7 million programme aims to develop solutions that embed the values of biodiversity into financial decision-making.

By bridging the gap between nature recovery and water resilience, this project has the potential to create a replicable model for sustainable landscape management across the UK. Innovate UK’s support underscores the national significance of developing new approaches to environmental management that can deliver multiple benefits, including improved water security, enhanced biodiversity, climate resilience, and potential new income streams for landowners.

Over the next 9 months, the project team will work closely with local stakeholders to identify priority interventions and develop a portfolio of investable nature-based solutions. The project aims to demonstrate how multi-stakeholder nature-based projects can be developed, funded, and delivered at catchment-scale to address climate adaptation and reverse biodiversity loss. Findings will be published to help scale similar initiatives across the UK and beyond.

Advertisement

For more information, please contact:
[email protected]
[email protected]

View original content:https://www.prnewswire.co.uk/news-releases/zulu-ecosystems-and-severn-trent-water-secure-innovate-uk-funding-to-pioneer-catchment-scale-nature-based-solutions-302252188.html

Continue Reading

Trending