Nutraceutical Market Trends 2024–2030: Functional Foods And Supplements On The Rise

Published: 2025-04-14
Views: 7
Author: pujammr98
Published in: Health & Fitness

Nutraceutical  Market Overview

The size of the nutraceutical market was estimated at USD 437.82 billion in 2023, and it is anticipated that the market would generate roughly USD 621 billion in revenue overall between 2024 and 2030, growing at a compound annual growth rate (CAGR) of 5.12%.

Nutraceutical  Market Scope and Methodology:

The Nutraceutical  market research provides comprehensive information on significant aspects, including those that are expected to drive the industry's growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Nutraceutical  market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Nutraceutical  Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The Nutraceutical  Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

Nutraceutical  Market Regional Insights

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research's geographic analysis makes it possible to comprehend the Nutraceutical  market situations in various nations. The Nutraceutical  market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

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Nutraceutical Market Segmentation

by Source

Probiotics
Proteins & Amino Acids
Phytochemicals & Plant Extracts
Fibers & Specialty Carbohydrates
Omega-3 Fatty Acids
Vitamins
Prebiotics
Carotenoids
Minerals
Others (Glucosamine, Chondroitin, and Polyols)

by Product

Function food
Oils
Biscuits & bars
Baby food
Cereals
Bread
Confectionery
Others
Dietary supplements
Vitamins & Mineral Supplements
Probiotic Supplements
1.CBD supplements
2. CBD Food
3. CBD Beverages
4.CBD Pet
Pet supplements
Nutricosmetics
Protein supplements
Others
Functional beverages
Energy drinks
Sports drink
Others

The market for nutraceuticals encompasses a variety of product categories, including functional beverages, dietary supplements, and functional foods. Due to their extensive use for nutrient deficiencies, preventative healthcare, and health maintenance, dietary supplements—particularly those containing vitamins and minerals—have a substantial market share among these.

by Form

Capsules & Tablets
Liquid
Powder
Gummies
Others

by Distribution Channel

Conventional Stores
Grocery Stores
Mass Merchandisers
Warehouse Clubs
Online Retailers
Specialty Stores
Bakery Stores
Confectionery Stores
Gourmet Stores
Health Centers
Cosmetics Stores

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Nutraceutical Market Key Players

1. Abbot Laboratories
2. Amway Corporation
3. Archer Daniels Midland Company
4. Bactolac Pharmaceutical Inc
5. BASF SE,
6. Cargill
7. Chaitanya Agro Biotech Pvt. Ltd.
8. Danone SA
9. DSM
10. DuPont de Nemours, Inc.,
11. General Mills, Inc.
12. Glanbia Plc
13. GlaxoSmithKline Plc
14. Hain Celestial Group, Inc.
15. HempFlax Group BV.
16. Herbalife International of America, Inc.
17. Kellogg Company
18. Kraft Heinz Company
19. Nature's Bounty
20. Nestle S.A.,
21. PepsiCo, Inc.
22. Perrigo Company Plc
23. Pfizer Inc.
24. Tyson Foods

Key questions answered in the Nutraceutical Market are:

• What is Nutraceutical  ?
• What was the Nutraceutical  market size in 2023?
• What is the growth rate of the Nutraceutical  Market?
• Which are the factors expected to drive the Nutraceutical  market growth?
• What is the CAGR at which the Nutraceutical  market will grow during the forecast period?
• What are the different segments of the Nutraceutical  Market?
• Which is the fastest growing region in the Nutraceutical  market?
• What growth strategies are the players considering to increase their presence in Nutraceutical  ?
• What are the upcoming opportunities and trends for the Nutraceutical  Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Nutraceutical  Market?
• Who are the leading companies and what are their portfolios in Nutraceutical  Market?
• What segments are covered in the Nutraceutical  Market?
• Who are the key players in the Nutraceutical  market?

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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