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Global Nutraceutical Growth Opportunities

Global Nutraceutical Market - Growth Opportunities, Analysis, Forecast, Global, 2019-2030

Increasing Consumer Awareness and Changing Dietary Habits, Post Pandemic, Drive Future Growth Potential - Nutraceutical Industry, Nutraceutical Ingredients, Nutraceutical Supplements

RELEASE DATE
17-Feb-2023
REGION
Global
Research Code: PDE2-01-00-00-00
SKU: FN00072-GL-MT_27437
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Description

This Frost & Sullivan study covers the ingredients used in nutraceutical formulations and finished nutraceutical products.

A nutraceutical is a food or part of a food, and it provides a physiological benefit and maintains good health. Nutraceuticals are not intended to treat or cure diseases; moreover, they are used for preventive healthcare purposes. The scope of nutraceuticals includes dietary supplements and functional food and beverages. Nutraceutical ingredients are biologically active ingredients used in the production of nutraceuticals or food/dietary supplements. They have a scientifically proven and beneficial effect on health through their participation in metabolic processes. Herbs and botanicals, vitamins and minerals, and specialty ingredients are the most commonly used and recognized categories of nutraceutical ingredients.

The expanding geriatric population and the rising incidence of lifestyle diseases have urged consumers to become conscious of their health, and they now prefer preventive healthcare options, such as nutraceuticals, to stay healthy and avoid high healthcare costs. In addition, rapid urbanization, increasing middle-class income, and thriving eCommerce influence the growth of nutraceuticals and nutraceutical ingredients. The COVID-19 pandemic also raised awareness of immunity and health, which spiked the demand for finished nutraceutical products and certain nutraceutical ingredients. Furthermore, government health authorities are amending existing laws and regulations due to the rising incidence of diseases, thereby emphasizing the need for nutraceuticals as part of the daily recommended nutrient intake.

During the forecast period, Asia-Pacific (APAC) will remain a high-growth market for nutraceuticals and nutraceutical ingredients due to fast-growing economies and increasing consumer awareness. North America and Europe are relatively mature markets and are likely to showcase steady growth.

The analysis considers the impact of the COVID-19 pandemic and other geopolitical situations, such as the Russo-Ukrainian War, China’s environmental policies, the US-China trade conflict, and inflation. The study includes a brief note on the qualitative and quantitative aspects of ingredient type, finished product type, and region, which are the major segmentation types of the global nutraceuticals market.

The study period of this research service is from 2019 to 2030, the base year is 2022, and forecasts are provided up to 2030. Revenue figures and forecasts are based on information received from and validated by ingredient manufacturers and dietary supplement and functional food and beverage manufacturers.

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Nutraceutical Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Segmentation

Segmentation (continued)

Market Definition

Key Competitors

Growth Drivers

Growth Restraints

Forecast Assumptions

Forecast Assumptions (continued)

Value Chain

Impact of the COVID-19 Pandemic on the Nutraceuticals Market

COVID-19-induced Research for Nutraceutical Ingredients

COVID-19-induced Research for Nutraceutical Ingredients (continued)

Consumer Interest amid the Pandemic

Consumer Interest amid the Pandemic (continued)

Additional Impact of the Pandemic on the Nutraceuticals Market

Market Trends—Dietary Supplements

Market Trends—Dietary Supplements (continued)

Market Trends—Functional Food and Beverages

Market Trends—Functional Beverages

Market Trends—Functional Beverages (continued)

Growth Metrics

Revenue Forecast

Revenue Forecast by Ingredients

Revenue Forecast by Region

APAC Revenue Forecast by Countries

Revenue Forecast Analysis by Region

Revenue Forecast Analysis by Region (continued)

Revenue Forecast Analysis by Region (continued)

Competitive Environment

Competitive Product Matrix

Competitive Product Matrix (continued)

Competitive Product Matrix (continued)

Growth Metrics

Overview of Ayurvedic Herbs

Overview of Ayurvedic Herbs (continued)

Overview of Capsaicin

Overview of Cranberry

Overview of Curcumin

Overview of Echinacea

Overview of Elderberry

Overview of Garlic

Overview of Ginger

Overview of Ginkgo Biloba

Overview of Ginseng

Overview of Green Tea

Overview of Homeopathics

Overview of Homeopathics (continued)

Overview of St. John’s Wort

Overview of Valerian

Overview of Other Herbs and Botanical Ingredients

Overview of Other Herbs and Botanical Ingredients (continued)

Revenue Forecast

Revenue Forecast by Ingredients

Revenue Forecast by Ingredients (continued)

Revenue Forecast Analysis by Ingredients

Revenue Forecast Analysis by Ingredients (continued)

Revenue Forecast Analysis by Ingredients (continued)

Growth Metrics

Overview of 5 HTP

Overview of Amino Acids

Overview of Bee Products

Overview of Collagen Peptide

Overview of CoQ10

Overview of Creatine

Overview of DHEA

Overview of Digestive Enzymes

Overview of Glucosamine/Chondroitin

Overview of Hyaluronic Acid

Overview of Melatonin

Overview of MSM

Overview of Omega-3 Fatty Acids

Overview of Probiotics

Overview of Prebiotics

Overview of Protein Ingredients (Dairy and Plant)

Overview of Psyllium

Overview of SAMe

Revenue Forecast

Revenue Forecast by Ingredients

Revenue Forecast by Ingredients (continued)

Revenue Forecast Analysis by Ingredients

Revenue Forecast Analysis by Ingredients (continued)

Revenue Forecast Analysis by Ingredients (continued)

Revenue Forecast Analysis by Ingredients (continued)

Growth Metrics

Overview of B Vitamins

Overview of B Vitamins (continued)

Overview of Calcium

Overview of Iron

Overview of Lutein and Zeaxanthin

Overview of Magnesium

Overview of Potassium

Overview of Vitamin A

Overview of Vitamin C

Overview of Vitamin D

Overview of Vitamin E

Overview of Vitamin K

Overview of Zinc

Revenue Forecast

Revenue Forecast by Ingredients

Revenue Forecast by Ingredients (continued)

Revenue Forecast Analysis by Ingredients

Revenue Forecast Analysis by Ingredients (continued)

Revenue Forecast Analysis by Ingredients (continued)

Growth Metrics

Revenue Forecast

Revenue Forecast by Product Type

Revenue Forecast Analysis by Product Type

Revenue Forecast Analysis by Product Type (continued)

Revenue Forecast Analysis by Product Type (continued)

Revenue Forecast Analysis by Product Type (continued)

Revenue Forecast Analysis by Product Type (continued)

Revenue Forecast by Region

APAC Revenue Forecast by Country

Revenue Forecast Analysis by Region

Revenue Forecast Analysis by Region (continued)

Revenue Forecast Analysis by Region (continued)

Revenue Forecast Analysis by Region (continued)

Competitive Environment

Competitive Product Matrix

Competitive Product Matrix (continued)

Growth Opportunity 1: Specialty Ingredients Catering to Gut Health, Cognitive Health, and Weight Management/Sports Nutrition

Growth Opportunity 1: Specialty Ingredients Catering to Gut Health, Cognitive Health, and Weight Management/Sports Nutrition (continued)

Growth Opportunity 2: Ingredients for Functional Beverages

Growth Opportunity 2: Ingredients for Functional Beverages (continued)

Growth Opportunity 3: Innovative and Novel Supplement Formats

Growth Opportunity 3: Innovative and Novel Supplement Formats (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

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This Frost & Sullivan study covers the ingredients used in nutraceutical formulations and finished nutraceutical products. A nutraceutical is a food or part of a food, and it provides a physiological benefit and maintains good health. Nutraceuticals are not intended to treat or cure diseases; moreover, they are used for preventive healthcare purposes. The scope of nutraceuticals includes dietary supplements and functional food and beverages. Nutraceutical ingredients are biologically active ingredients used in the production of nutraceuticals or food/dietary supplements. They have a scientifically proven and beneficial effect on health through their participation in metabolic processes. Herbs and botanicals, vitamins and minerals, and specialty ingredients are the most commonly used and recognized categories of nutraceutical ingredients. The expanding geriatric population and the rising incidence of lifestyle diseases have urged consumers to become conscious of their health, and they now prefer preventive healthcare options, such as nutraceuticals, to stay healthy and avoid high healthcare costs. In addition, rapid urbanization, increasing middle-class income, and thriving eCommerce influence the growth of nutraceuticals and nutraceutical ingredients. The COVID-19 pandemic also raised awareness of immunity and health, which spiked the demand for finished nutraceutical products and certain nutraceutical ingredients. Furthermore, government health authorities are amending existing laws and regulations due to the rising incidence of diseases, thereby emphasizing the need for nutraceuticals as part of the daily recommended nutrient intake. During the forecast period, Asia-Pacific (APAC) will remain a high-growth market for nutraceuticals and nutraceutical ingredients due to fast-growing economies and increasing consumer awareness. North America and Europe are relatively mature markets and are likely to showcase steady growth. The analysis considers the impact of the COVID-19 pandemic and other geopolitical situations, such as the Russo-Ukrainian War, China’s environmental policies, the US-China trade conflict, and inflation. The study includes a brief note on the qualitative and quantitative aspects of ingredient type, finished product type, and region, which are the major segmentation types of the global nutraceuticals market. The study period of this research service is from 2019 to 2030, the base year is 2022, and forecasts are provided up to 2030. Revenue figures and forecasts are based on information received from and validated by ingredient manufacturers and dietary supplement and functional food and beverage manufacturers.
More Information
New Title Global Nutraceutical Market - Growth Opportunities, Analysis, Forecast, Global, 2019-2030
New Subtitle Increasing Consumer Awareness and Changing Dietary Habits, Post Pandemic, Drive Future Growth Potential - Nutraceutical Industry, Nutraceutical Ingredients, Nutraceutical Supplements
Author Nimisha Dhomne
Industries Agriculture and Nutrition
No Index No
Is Prebook No
Keyword 1 Global Nutraceutical Market
Keyword 2 Nutraceutical Ingredients Market
Keyword 3 Nutraceuticals Market
Podcast No
WIP Number PDE2-01-00-00-00
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