Nutraceuticals Market Size, Share & Industry Analysis, By Product Type (Functional Foods, Functional Beverages, and Dietary Supplements), Distribution Channel (Supermarkets/ Hypermarkets, Convenience Stores, Online Retail and Others), and Regional Forecast, 2020 -2029 (Includes COVID-19 Business Impact)

                                          
We have updated Nutraceuticals Market with respect to COVID-19 Business Impact.
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This report focuses on the Nutraceuticals market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Nutraceuticals market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Nutraceuticals Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Nutraceuticals Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Nutraceuticals Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Moderately Consolidated Industry Structure in Global Nutraceuticals Market
The global nutraceuticals market is moderately consolidated with few key players such as Amway, Abbott, BASF SE, Danone S.A., and Nestle S.A. operating internationally. These players are focusing on mergers and acquisitions of regional companies to increase the consolidation in the market. The key players are focusing on research and innovation activities to keep up with consumer demands for innovative and sustainable offerings.

The prominent companies are expanding their portfolio with innovative product introductions in the functional food and beverage segment. For instance, in July 2019, Bio-Up Mimetic Technologies, Inc. launched two functional teas, Cholesterol Aid and Cardio Vitality. Both beverages are non-GMO, gluten-free and intended to promote heart health. New players are likewise entering the market to meet the growing demand for more affordable products, as nutraceuticals become mainstream. The arrival of new players in the market is responsible for intensifying competition within the market, which is acting as a positive factor for the growth of this market.

LIST OF KEY COMPANIES PROFILED:

  
Abbott
  
Amway
  
Danone S.A.
  
Nestle S.A.
  
Glanbia Nutritionals
  
Herbalife International of America, Inc.
  
The Archer Daniels Midland Company
  
BASF SE
  
PepsiCo, Inc.
  
General Mills, Inc.

KEY INDUSTRY DEVELOPMENTS:

January 2020 - Harbalife Nutrition launched a new product, Beta Heart, which is specially designed to maintain the cholesterol levels in the blood. The main ingredient of Beta Heart is beta-glucan, which is proven to reduce blood cholesterol levels.

October 2019 - Drink Nutrient, a functional beverage company, launched a new beverage line, Liquid Nutrient, that provides daily 13 essential vitamins in an easy-to-drink, single-serve stick pack. The products are free from artificial ingredients, gluten, GMO and acrylamide.

 

REPORT COVERAGE

The nutraceutical industry is witnessing promising growth owing to the increased consumer awareness about the health benefits of nutrient-enriched diets. Consumers nowadays are becoming increasingly interested in functional foods and beverages due to their positive health effects. Furthermore, the rising per capita income of consumers is encouraging them to invest in wellness products.

An Infographic Representation of Nutraceuticals Market

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The report provides qualitative and quantitative insights on this market. It also offers a detailed analysis on the market size and growth rate for all possible segments in the market. Along with this, the report provides an elaborative analysis of the market dynamics and competitive landscape. Various key insights presented in the report are an overview of related markets, recent industry developments such as mergers & acquisitions, the regulatory scenario in critical countries, and key industry trends.

Report Scope & Segmentation

 Segmentation

By Product Type

  
Functional Foods
  
Functional Beverages
  
Dietary Supplements

By Distribution Channel

  
Supermarkets/Hypermarkets
  
Convenience Stores
  
Online Retail
  
Others

By Region

  
North America (U.S., Canada, and Mexico)
  
Europe (U.K., France, Italy, Spain, Germany, and the Rest of Europe)
  
Asia Pacific (China, India, Japan, Australia, and the Rest of Asia Pacific)
  
South America (Brazil, Argentina, and the Rest of South America)
  
Middle East & Africa (South Africa, UAE, and the Rest of the MEA)