Nutraceuticals: Global Markets to 2023
Report Highlights
The global nutraceutical market should reach $336.1 billion by 2023 from $230.9 billion in 2018 at a compound annual growth rate (CAGR) of 7.8%, from 2018 to 2023.
Report Includes
- 60 data tables and 44 additional tables
- A detailed overview of the global market for nutraceuticals and other food processing technologies
- Country specific data and analysis for United States, Canada, Mexico, France, Germany, U.K., Italy, Spain, China, India, Japan, and Australia
- Assess global nutraceutical market based on key product segments such as functional foods, functional beverages and dietary supplements
- Information on recent developments, alliances, joint ventures, and mergers and acquisitions in the global nutraceutical market
- A look at the impact of regulatory, environmental, and legislative issues impacting the global market
- Identification of trends and opportunities in the food, beverage, and supplement (FBS) market for all stakeholders
- Profiles of major market players and their core competencies in the nutraceutical market, including Abbott Laboratories Inc., BASF SE, Cargill Inc., Mead Johnson Nutrition Co., Nestle Nutrition, Omega Protein Corp., and Zymes LLC
Report Scope
This report provides market insights into the global market for nutraceuticals, with specific focus on the U.S., Europe and India and the top ingredients in those countries. It provides an array of information including market size, expected growth rates, market drivers and restraints as well as other trends and developments in the market. This market report organizes information from diverse sources into a cohesive unit that includes a comparison of premium versus mass functional product as well as the nutraceutical value chain and the evolution of functional FBS. Regulations are also covered in the scope of this report. BCC Research analyzed key categories and regions to determine the present and future nutraceutical market status and forecasted market growth from 2017 to 2023.
Analyst Credentials
BCC Publishing Staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration and surgery, among others.
Report Highlights
The global nutraceutical market should reach $285.0 billion by 2021 from $198.7 billion in 2016 at a compound annual growth rate (CAGR) of 7.5%, from 2016 to 2021.
Report Includes
- An overview of the global market for nutraceuticals and related processing technologies.
- Analyses of global market trends, with data from 2015, estimates for 2016, and projections of CAGRs through 2021.
- Discussion on strategic issues like premiumization versus mass market distribution strategies, licensing/partnering agreements, NPD (new product development), product repositioning, niche markets, and other topics.
- Identification of trends and opportunities in the food, beverage, and supplement (FBS) market for all stakeholders.
- Recent developments, alliances, joint ventures, and mergers and acquisitions within the market.
- Profiles and analysis of major market players and their core competencies in the nutraceutical market.
Report Highlights
The global nutraceutical market was valued at $160.6 billion in 2013 and increased to $171.8 billion in 2014. The market is expected to reach $241.1 billion by 2019, a compound annual growth rate (CAGR) of 7% from 2014 to 2019.
Report Includes
- An overview of the global market for nutraceuticals and related processing technologies.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of CAGRs through 2019.
- Discussion on strategic issues like premiumization versus mass market distribution strategies, licensing/partnering agreements, NPD (new product development), product repositioning, niche markets, and other topics.
- Identification of trends and opportunities in the food, beverage, and supplement (FBS) market for all stakeholders.
- Analysis in terms of which products can appeal to the mass and niche markets.
- Comprehensive profiles of major players in the field.
Report Highlights
The global nutraceuticals market is estimated at about $151 billion in 2011. By 2016, it is estimated to reach nearly $207 billion, a projected compound annual growth rate (CAGR) of 6.5% between 2011 and 2016.
Report Highlights
- The global market for nutraceutical products increased from $117.3 billion in 2007 to an estimated $123.9 billion in 2008. It should reach $176.7 billion in 2013, a compound annual growth rate (CAGR) of 7.4%.
- Nutraceutical foods currently have the largest share of the market and were worth $39.9 billion in 2007. This is expected to increase to $40.6 billion in 2008 and $56.7 billion in 2013, for a CAGR of 6.9%.
- Nutraceutical beverages generated $38.4 billion in 2007 and an estimated $42.8 billion in 2008. This segment is expected to dominate the market in 2013 with revenues of $71.3 billion, for a CAGR of 10.8%.
Report Highlights
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The global nutraceuticals market grew to $46.7 billion in 2002, at an AAGR of nearly 7%.
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2007 nutraceutical sales are projected to reach $74.7 billion at an AAGR of 9.9%.
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This assumes a world economic recovery in 2003 and an end to price competition.
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Sales could accelerate with the introduction of a “blockbuster” nutraceutical.