(PharmaNewsWire.Com, June 08, 2017 ) According to the report “Global Nutraceuticals Market", published by Market Data Forecast, the global market is projected to reach USD 271.96 billion by 2021, at a CAGR of 7.20% from 2016 to 2021.
Nutraceuticals are products that provide nutritional benefits in addition to the basic nutritional value present in food. 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. With increasing educational levels, people are gaining awareness regarding the types of food & beverages that help in maintaining a balanced diet and proper health.
The factors impacting the Global Market for Nutraceuticals Market, either positively or negatively are presented in the DROC analysis. The increasing consumer spending on functional food and beverages has been presenting lucrative prospects for the global nutraceuticals market. The rising demand for functional food and dietary supplement from emerging economies will accelerate sales of nutraceuticals. Technological advancements and the growing use of nutraceuticals in many new applications are predicted to propel the global nutraceuticals market in the next few years.
For granular level understanding the Nutraceuticals Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
Basedon geography, the report contains a wide array of countries covering all around the globe. Countries like USA, Canada, U.K., Spain, Germany, Italy, India, China, South Africa, Israel and Brazil are identified as the predominant markets for Nutraceuticals . For more of regional analysis check out the following reports.
Major companies dominating the Nutraceuticals Market are E. I. du Pont de Nemours and Company,General Mills Inc., Cargill, Royal DSM N.V., Groupe Danone S.A. Incorporated, BASF SE, PepsiCo Inc., Aland Nutraceutical Co. Ltd. and Archer Daniels Midland Company.
The Nutraceuticals market study offers the following deliverables:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
• Segment-level analysis on basis of type, application, end-user along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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