Nutraceuticals: Global Markets

Report Code: FOD013J

Publish Date: Nov 2024

Publisher: BCC Publishing

Category: Food

Download Report Overview

Single User License: $4650

Member Price: FREE

EXPLORE OFFERS

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The global market for nutraceuticals is expected to grow from $418.2 billion in 2024 and is projected to reach $571.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.4% during the forecast period of 2024 to 2029.

Report Includes

  • 169 data tables and 36 additional tables
  • A detailed overview of the global market for nutraceuticals
  • Analyses of the global market trends, with historic market revenue for 2023, estimates for 2024, and projections of compound annual growth rates (CAGRs) through 2029
  • Discussion of the market potential for nutraceuticals based on key product segments (functional foods, functional beverages and dietary supplements), distribution channel, application, and region
  • Analysis of the industry’s regulatory framework and policies, and product pipeline
  • A discussion of ESG challenges and ESG practices in the nutraceuticals industry
  • A look at recent developments, alliances, joint ventures, and acquisitions in the global nutraceutical market and discussion on legislative issues impacting the global market
  • Coverage of international nutraceutical regulations; notification- and registration-based systems for nutraceutical products, such as Codex Alimentarius (food code), and FOSHU labeling regulation; and the international alliance of dietary food supplement associations
  • Profiles of major market players and their core competencies, including DSM, Nestle, Danone, Ajinomoto Co., Inc., International Flavors & Fragrances Inc., and Herbalife

Report Scope

The report provides market projections for the nutraceuticals market from 2024 through 2029 and analyzes the market shares of leading companies. Based on product type, the market is segmented into functional beverages, functional food and dietary supplements. It is further segmented by application into sports and energy, weight management, general wellness, heart health, gastrointestinal (GI) and digestive health, and other applications. The market is segmented by distribution channels in the following categories: e-commerce, supermarkets, pharmacies, retail stores and other distribution channels. Regional estimates and forecasts include North America, Europe, Asia-Pacific and the Rest of the World.

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $399.0 billion
Market size forecast $571.3 billion
Growth rate CAGR of 6.4% for the forecast period of 2024-2029
Units considered $ Millions
Segments covered Product Type, Application, Distribution Channel, and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World
Countries covered U.S., Canada, Mexico, Germany, France, U.K., Spain, Italy, China, India, Japan, Brazil, South Africa, and UAE
Key Market Drivers
  • Growing Prevalence of Overweight and Obesity.
  • Increasing Demand for Dietary Supplements.
  • Increasing Healthcare Cost
Companies studied
ABBOTTAJINOMOTO CO. INC.
BENEOCARGILL INC.
DANONE S.A.DSM-FIRMENICH
HERBALIFE INTERNATIONAL OF AMERICA INC. HILDUR FUNCTIONA FOODS PVT.LTD
INTERNATIONAL FLAVORS & FRAGRANCES INC.NESTLE
NOVOZYMES A/S
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

The estimated market size of the neutraceuticals market will be $ 571.3 billion by 2029, with a CAGR of 6.4%.
  • Growing Prevalence of Overweight and Obesity
  • Increasing Demand for Dietary Supplements 
  • Increasing Healthcare Cost
The nutraceuticals market is segmented by product type into functional food, functional beverages, and dietary supplements. Based on applications, the market is segmented into sports and energy, weight management, general wellness, heart health, GI and digestive health, and other applications. Based on distribution channels, the market is segmented into e-commerce, super marts, pharmacies, retail stores, and other applications. Regional estimates and forecasts include North America, Europe, Asia-Pacific, and Rest of the World.
The functional beverages segment will continue to dominate the market by the end of 2029.
North America holds the largest market share, driven by the growing demand for health and wellness products and the well-established nutraceutical industry.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Consulting Editor’s Credentials

Dr. Marianna Tcherpakov has more than 10 years of experience as a bench scientist specializing in the areas of biochemistry, cell biology, assay development, antibody and drug manufacturing. She has authored several scientific publications in peer review journals. In the last 10 years, Marianna worked as a business development professional in CRO/CDMO industry. She is familiar with pharmaceutical and biotech landscape, trends and potential future developments in industry.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Nutraceuticals: Global Markets143Free
Chapter- 1: Executive Summary3Free
Chapter- 2: Market Overview6Free
Chapter- 3: Market Dynamics8Free
Chapter- 4: Patent Analysis3Free
Chapter- 5: Market Segmentation Analysis79Free
Chapter- 6: Competitive Intelligence5Free
Chapter- 7: Sustainability in the Nutraceuticals Market: An ESG Perspective4Free
Chapter- 8: Appendix35Free
Published - Dec-2021| Analyst - BCC Publishing| Code - FOD013H

Report Highlights

The global nutraceutical market should grow from $289.8 billion in 2021 to $438.9 billion by 2026, at compound annual growth rate (CAGR) of 8.7% for the period of 2021-2026.

Report Includes

  • 68 data tables and 51 additional tables
  • A detailed overview of the global market for nutraceuticals
  • Estimation of market size and analyses of global market trends, with data from 2020, estimates for 2021 and projections of compound annual growth rates (CAGRs) through 2026
  • Highlights of the market potential for nutraceutical market based on key product segments (such as functional foods, functional beverages, and dietary supplements), ingredient, application, distribution channel, and region
  • Information on recent developments, alliances, joint ventures, and mergers and acquisitions in the global nutraceutical market and discussion on regulatory, environmental, and legislative issues impacting the global market
  • Coverage of international nutraceutical regulations; details of notification and registration-based systems for nutraceutical product such as Codex Alimentarius (food code), and FOSHU labeling regulation; and information on international alliance of dietary food supplement associations
  • Profiles of major market players and their core competencies in the nutraceutical market including Abbott Laboratories, Ajinomoto Co. Inc., BASF, Cargill Inc., Nestle, Omega Protein Corp. (OPC), Pharma Marine, Zymes
Published - Jul-2018| Analyst - BCC Publishing| Code - FOD013G

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
Published - Mar-2017| Analyst - Natraj Pandal| Code - FOD013F

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.
Published - Nov-2014| Analyst - Natraj Pandal| Code - FOD013E

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.
Published - Jul-2011| Analyst - Jackson Highsmith| Code - FOD013D

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.

Published - Oct-2008| Analyst - Sandeep Sugla| Code - FOD013C

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%.
Published - May-2003| Analyst - Andrew McWilliams| Code - FOD013B

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

Global Algae and Seaweed Protein Market

Published - Jun 2023 | Publisher - BCC Publishing | Code - FOD122A

The global market for algae and seaweed protein reached $904.7 million in 2022. The market is estimated to grow from $962.8 million in 2023 to reach $1.3 billion by 2028, at a compound annual growth rate (CAGR) of 6.8% from 2023 through 2028.

Global Collagen Markets: Nutraceuticals, Food and Beverage, Pharmaceutical and Healthcare, Cosmetics and Personal Care

Published - Oct 2022 | Publisher - BCC Publishing | Code - FOD112A

The global collagen market should reach $6.2 billion by 2027 from $4.6 billion in 2022 at a compound annual growth rate (CAGR) of 5.9% for the forecast period of 2022 to 2027.

Probiotics in Food, Beverages, Dietary Supplements and Animal Feed

Published - Aug 2022 | Publisher - BCC Publishing | Code - FOD035H

The global probiotics market should reach $90.7 billion by 2027 from $61.2 billion in 2022 at a compound annual growth rate (CAGR) of 8.2% for the forecast period of 2022 to 2027.

Functional Foods and Beverages: Global Markets

Published - Jun 2022 | Publisher - BCC Publishing | Code - FOD100B

The global market for functional food and beverages should grow from $216.4 billion in 2022 to $324.4 billion by 2027 with a compound annual growth rate (CAGR) of 8.4% for the period of 2022-2027.

Recent Reports

Nutraceuticals: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - FOD013J

The global market for nutraceuticals is expected to grow from $418.2 billion in 2024 and is projected to reach $571.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.4% during the forecast period of 2024 to 2029.

Global Market for Coffee Machines

Published - Oct 2024 | Publisher - Kunal Nagpure | Code - FOD134A

This comprehensive report explores the global coffee machine market, offering detailed insights into its current scenario and future potential. The analysis thoroughly examines market drivers, restraints, challenges, and opportunities, providing stakeholders with a holistic understanding of the industry dynamics.

The Global Market for Food Additives

Published - Oct 2024 | Publisher - BCC Publishing | Code - FOD009H

The global market for food additives is expected to grow from $80.4 billion in 2024 and is projected to reach $106.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.

Processed Meat: Global Markets

Published - Sep 2024 | Publisher - Kunal Nagpure | Code - FOD133A

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

Published - Sep 2024 | Publisher - Kunal Nagpure | Code - FOD099B

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.

Top Trending Reports

AI in Clinical and Molecular Diagnostics Market

Published - Oct 2024 | Publisher - BCC Publishing | Code - BIO261A

The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.

Point-of-Care Diagnostics: Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC043H

The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.

Medical Devices: Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC170F

The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.

CRISPR Technology: Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC258C

The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.

Global Artificial Intelligence (AI) Market: Investments vs Potential

Published - Aug 2024 | Publisher - BCC Publishing | Code - IFT189C

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.

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 More

Custom 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 Now

Scorecard

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 More

Innovation 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
Nutraceuticals: Global Markets
Sample Report