Nutraceuticals Market - Global Industry Analysis, Size, Share,
Growth and Forecast 2015 – 2021
87 Page Report
Nutraceuticals Market to surpass US$278 bn Globally by 2021 Propelled
by Soaring Demand for Functional Foods and Beverages
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According to a new market report published by Transparency Market Research “Nutraceuticals Market Global Industry Analysis, Size, Share, Growth and Forecast, 2015 - 2021”, global nutraceuticals market was
valued at US$165.62 bn in 2014 and is expected to reach US$278.96 bn by 2021, growing at a CAGR of
7.3% from 2015 to 2021. North America is expected to dominate the global nutraceuticals market in terms
of demand over the forecast period.
Nutraceuticals are products that provide nutritional benefits in addition to the basic nutritional value
present in food. The modern consumers are more health conscious and have better awareness about
nutritional products. Furthermore, consumers use dietary supplements not only as means to meet the
recommended daily intake of nutrients but also as a physical performance booster and disease prevention
option. In addition, there has been a shift in consumer preference from synthetic ingredients to organic
foods and ingredients, which are obtained from non-genetically modified food sources (non-GM) extracts.
Consumers are adopting nutritional products as the key to maintain good health and this in turn is driving
the global nutraceuticals market globally.
Browse the full Nutraceuticals Market - Global Industry Analysis, Size, Share, Growth and
Forecast 2015 - 2021 report...