Transparency Market
Research
Nutraceuticals Market - Global Industry Analysis, Size, Share,
Growth and Forecast 2015 – 2021
Published Date
23-09-2015
87 Page Report
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Press Release
Global Nutraceuticals Market to Expand at 7.3% CAGR from 2015
to 2021 due to Increasing Health Consciousness Among
Consumers
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Nutraceuticals Market
REPORT DESCRIPTION
The extra health benefits provided by the nutraceuticals in addition to the basic nutritional value is giving
a push to the global nutraceuticals market. The broad term ranges from isolated nutrients, herbal products
and processed foods and beverages, and dietary supplements to specific diets.
They can be considered non-specific biological therapies to provide physiological benefits, ailments to the
consumers and relief from numerous chronic diseases. Due to all the aforementioned benefits, a steady
growth has been witnessed during past few years and the trend is expected to continue because of an
increase in consumer spending habits on nutritious and healthy functional food worldwide.
Changing Lifestyles in Developed Countries Fuel the Demand for Nutraceuticals
A rise in the demand for nutraceuticals is propelled by the increasing awareness for nutritional diet in the
developed countries. The U.S.A and Canada, cumulatively, lead the market in 2014 and is anticipated to
grow steadily. In Europe, developed countries such as Germany, France, and the U.K have emerged as the
key nutraceutical market. Factors such as rising health concerns, and increasing consumer awareness to
avoid consuming on synthetic drugs and lead a healthy life are the major contributors to the growth of this
market.
Highest Growth Rate in Global Nutraceutical Market Makes APAC Full of Opportunities...