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%.
INTRODUCTION
STUDY GOALS AND OBJECTIVES
- To define and measure the global market for nutraceuticals — the functional food, beverage, and supplement (FBS) market
- To measure markets that could be better understood by stakeholders in terms of their own respective sales offerings
- To strategically analyze individual markets in terms of products, ingredients, health applications, technology, geography, and top-selling products
- To identify trends and opportunities in the functional food, beverage, and supplement market for all stakeholders
- To provide quick and easy understanding of the very vast functional food, beverage, and supplement market
- To provide a strategic analysis of the market so as to enable companies to formulate their strategies
- To provide high-level analysis in terms of which products can sell in the mainstreams as blockbusters
Report Highlights
-
The global nutraceuticals market grew to $46.7 billion in 2002, at an AAGR of nearly 7%.
-
2007 nutraceutical sales are projected to reach $74.7 billion at an AAGR of 9.9%.
-
This assumes a world economic recovery in 2003 and an end to price competition.
-
Sales could accelerate with the introduction of a “blockbuster” nutraceutical.
Related Reports
Recent Reports
Processed Meat: Global Markets
This report provides an overview of the global processed meat market, offering detailed insights into its current scenario and future potential. It includes market projections through 2029 and evaluates the market position of key players. The report categorizes the processed meat market based on product type, animal type, distribution channel, and region.
Seaweed Extract: Global Markets
The global market for seaweed extract is expected to grow from $17.5 billion in 2024 and is projected to reach $20.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 3.6% during the forecast period of 2024 to 2029.
Compound Feeds and Additives: Global Markets
The global compound feed and additives market was valued at $508.1 billion in 2023. The market is estimated to grow from $526.6 billion in 2024 to $636.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2029.
Plant-based Meat: Global Markets
The global market for plant-based meat is expected to grow from $8.8 billion in 2023 to $17.1 billion by the end of 2028, at a compound annual growth rate (CAGR) of 14.1% from 2023 through 2028.
Global e-cigarette Market
The report provides an overview of the global e-cigarette markets and analyzes market trends. Using 2022 as the base year, the report estimates market data for 2023 to 2028. The report covers the characteristics of the market, the leading e-cigarettes companies, various trends in end-user preferences and a range of geographic market opportunities.
Top Trending Reports
Electric Vehicles and Fuel Cell Vehicles: Global Markets
The global market for electric vehicles and fuel cell vehicles was valued at $655.9 billion in 2023. The market is expected to grow from $758.0 billion in 2024 to $1.8 trillion by 2029, at a compound annual growth rate (CAGR) of 18.6% from 2024 to 2029.
Artificial Intelligence (AI) in Life Sciences Market
The global market for artificial intelligence (AI) in life sciences products was valued at $8.0 billion in 2023. The market is estimated to grow from $9.8 billion in 2024 to $33.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.9% from 2024 to 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Cell Therapy Biomanufacturing: Global Markets
The global market for cell therapy biomanufacturing is expected to grow from $9.7 billion in 2024 and is projected to reach $16.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.5% during the forecast period of 2024 to 2029.
Sustainable Plastic Packaging: Global Markets
The global market for sustainable plastic packaging was valued at $81.6 billion in 2023. The market is expected to grow from $86.6 billion in 2024 to $122.4 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 7.2% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More