(PharmaNewsWire.Com, March 23, 2018 ) Nutraceuticals: New Applications for Probiotics, Genetic Modification and Diet as Products Make Gains in Rx Territory
Summary
The nutraceuticals market is growing and diversifying rapidly. These products are linked by the fact that they are dietary products that have some degree of either purported or clinically evidenced medical benefit. However, the market lacks a clear definition of what constitutes a nutraceutical, with the term covering a spectrum of products from prescription-only medical foods to widely available consumer supplements. Recent research trends have demonstrated a wide array of potential applications for nutraceuticals, ranging from oncology to neurological and neurodevelopmental conditions. Much of the innovation in the field is being carried out by food companies, which are investing heavily in both early and applied R&D with well-defined and evidenced clinical applications, in a manner more typical of pharmaceutical companies.
In contrast, pharmaceutical companies that are involved in this space typically manufacture consumer nutraceuticals. This report provides key industry perspective on the nutraceuticals industry from a large survey of over 150 food and pharmaceutical industry professionals, both within and outside of the nutraceuticals sector. Those involved in the industry were found to mostly believe in the value propositions of nutraceuticals, and expected their company to increase its level of investment in the area. In contrast, for those not involved with nutraceuticals the opposite was generally true. The industry survey showed a strong consensus that China, India and Brazil are the most promising geographies in terms of growth expectations for the nutraceuticals industry. This is partially due to the fact that the Western and Japanese markets, while are still expected to witness grow, are largely saturated, and partially due to the ability of nutraceuticals to treat a diverse array of indications at a low cost. Moreover, as GDP continues to rise in these economies, consumer nutraceuticals will be well positioned to capitalize on the growth in disposable income.
-Understand the current status of the field of therapeutic Nutraceuticals, and the relative clinical and commercial success of currently marketed products. -Assess the pipeline for Nutraceuticals split by therapy area, vector type and intervention type, and stage of development. Additionally, a granular assessment of the pipeline is provided across the four major therapy areas for gene therapy: oncology, central nervous system disorders, ophthalmology, and genetic disorders. -Gain a picture of the current competitive landscape, with a detailed breakdown of companies actively involved in the gene therapy pipeline. -Understand the level of involvement in the landscape on the part of big pharma companies, and the extent to how Nutraceuticals fit into the overall portfolios of companies in this field. -Understand the strategic consolidations landscape in Nutraceuticals across the past decade
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