Global Nutraceuticals Market Size study, by Product (Dietary Supplements, Functional Foods, Functional Beverages), by Application (Allergy & Intolerance, Animal Nutrition), and Regional Forecasts 2022-2032

January 2025 | 285 pages | ID: GEF076B996E6EN
Bizwit Research & Consulting LLP

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The Global Nutraceuticals Market is valued at approximately USD 712.97 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 8.40% over the forecast period 2024-2032. Nutraceuticals, derived from 'nutrition' and 'pharmaceutical,' represent a dynamic industry at the crossroads of food and healthcare. These products, ranging from dietary supplements to functional foods and beverages, offer health benefits beyond basic nutrition, addressing specific health concerns or enhancing overall well-being. With a growing focus on preventive healthcare, nutraceuticals have emerged as essential tools in mitigating health risks and enhancing quality of life. The market’s trajectory reflects rising consumer awareness about health and wellness, driven by an aging global population and increasing prevalence of chronic diseases.

The nutraceuticals industry has been propelled by advancements in food technology and evolving consumer preferences. Dietary supplements, as one of the prominent segments, have gained traction among health-conscious consumers seeking natural remedies for immunity boosting, weight management, and enhanced cognitive function. Similarly, functional foods and beverages are reshaping conventional diets, providing consumers with tailored nutrition to meet specific lifestyle needs. For instance, the fortified drinks sector has seen significant growth, with innovations such as plant-based proteins and probiotics becoming integral to health-conscious diets. However, high production costs and stringent regulatory landscapes could present challenges to market expansion during the forecast period.

The regional dynamics of the Global Nutraceuticals Market present diverse opportunities and challenges. North America has been a dominant player, bolstered by robust R&D initiatives and a well-established consumer base that prioritizes health-oriented products. Europe closely follows, with increasing demand for clean-label and organic nutraceutical products. On the other hand, the Asia-Pacific region is poised to exhibit the fastest growth, driven by a burgeoning middle-class population, rapid urbanization, and increasing disposable incomes. Countries such as India and China are witnessing a paradigm shift in dietary patterns, further catalyzing market growth. Latin America and the Middle East & Africa also hold promising potential, with rising health awareness and infrastructure development fostering market penetration.

Major market players included in this report are:
  • Nestlй S.A.
  • Amway Corporation
  • Herbalife Nutrition Ltd.
  • Pfizer Inc.
  • Archer Daniels Midland Company
  • PepsiCo, Inc.
  • Kellogg Company
  • BASF SE
  • DuPont de Nemours, Inc.
  • Abbott Laboratories
  • Glanbia plc
  • Danone S.A.
  • DSM N.V.
  • Bayer AG
  • General Mills, Inc.
The detailed segments and sub-segment of the market are explained below:

By Product:
  • Dietary Supplements
  • Functional Foods
  • Functional Beverages
By Application:
  • Allergy & Intolerance
  • Animal Nutrition
By Region:
  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • RoMEA
Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:
  • Market Estimates & Forecast for 10 years from 2022 to 2032.
  • Annualized revenues and regional-level analysis for each market segment.
  • Detailed analysis of the geographical landscape with country-level analysis of major regions.
  • Competitive landscape with information on major players in the market.
  • Analysis of key business strategies and recommendations on future market approaches.
  • Analysis of the competitive structure of the market.
  • Demand-side and supply-side analysis of the market.
CHAPTER 1. GLOBAL NUTRACEUTICALS MARKET EXECUTIVE SUMMARY

1.1. Global Nutraceuticals Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Product
  1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL NUTRACEUTICALS MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory Frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL NUTRACEUTICALS MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Rising Consumer Awareness about Preventive Healthcare
  3.1.2. Increasing Prevalence of Chronic Diseases
  3.1.3. Technological Advancements in Food Science and Personalization
3.2. Market Challenges
  3.2.1. High Production Costs
  3.2.2. Stringent Regulatory Frameworks
3.3. Market Opportunities
  3.3.1. Emerging Markets in Asia-Pacific
  3.3.2. Rising Demand for Plant-based Nutraceuticals

CHAPTER 4. GLOBAL NUTRACEUTICALS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL NUTRACEUTICALS MARKET SIZE & FORECASTS BY PRODUCT 2022-2032

5.1. Segment Dashboard
5.2. Global Nutraceuticals Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  5.2.1. Dietary Supplements
  5.2.2. Functional Foods
  5.2.3. Functional Beverages

CHAPTER 6. GLOBAL NUTRACEUTICALS MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

6.1. Segment Dashboard
6.2. Global Nutraceuticals Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  6.2.1. Allergy & Intolerance
  6.2.2. Animal Nutrition

CHAPTER 7. GLOBAL NUTRACEUTICALS MARKET SIZE & FORECASTS BY REGION 2022-2032

7.1. North America Nutraceuticals Market
  7.1.1. U.S. Nutraceuticals Market
    7.1.1.1. Product Breakdown Size & Forecasts, 2022-2032
    7.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
  7.1.2. Canada Nutraceuticals Market
7.2. Europe Nutraceuticals Market
  7.2.1. UK Nutraceuticals Market
  7.2.2. Germany Nutraceuticals Market
  7.2.3. France Nutraceuticals Market
  7.2.4. Spain Nutraceuticals Market
  7.2.5. Italy Nutraceuticals Market
  7.2.6. Rest of Europe Nutraceuticals Market
7.3. Asia-Pacific Nutraceuticals Market
  7.3.1. China Nutraceuticals Market
  7.3.2. India Nutraceuticals Market
  7.3.3. Japan Nutraceuticals Market
  7.3.4. Australia Nutraceuticals Market
  7.3.5. South Korea Nutraceuticals Market
  7.3.6. Rest of Asia-Pacific Nutraceuticals Market
7.4. Latin America Nutraceuticals Market
  7.4.1. Brazil Nutraceuticals Market
  7.4.2. Mexico Nutraceuticals Market
  7.4.3. Rest of Latin America Nutraceuticals Market
7.5. Middle East & Africa Nutraceuticals Market
  7.5.1. Saudi Arabia Nutraceuticals Market
  7.5.2. South Africa Nutraceuticals Market
  7.5.3. Rest of Middle East & Africa Nutraceuticals Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Nestlй S.A.
  8.1.2. Amway Corporation
  8.1.3. Herbalife Nutrition Ltd.
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Nestlй S.A.
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Market Strategies
  8.3.2. Amway Corporation
  8.3.3. Herbalife Nutrition Ltd.
  8.3.4. Pfizer Inc.
  8.3.5. Archer Daniels Midland Company
  8.3.6. PepsiCo, Inc.
  8.3.7. Kellogg Company
  8.3.8. BASF SE
  8.3.9. DuPont de Nemours, Inc.
  8.3.10. Abbott Laboratories
  8.3.11. Glanbia plc
  8.3.12. Danone S.A.
  8.3.13. DSM N.V.
  8.3.14. Bayer AG
  8.3.15. General Mills, Inc.

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Nutraceuticals Market, Report Scope
TABLE 2. Global Nutraceuticals Market Estimates & Forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Nutraceuticals Market Estimates & Forecasts by Product 2022-2032 (USD Billion)
TABLE 4. Global Nutraceuticals Market Estimates & Forecasts by Application 2022-2032 (USD Billion)
TABLE 5. Global Nutraceuticals Market Estimates & Forecasts by Product 2022-2032 (USD Billion)
TABLE 6. Global Nutraceuticals Market Estimates & Forecasts by Application 2022-2032 (USD Billion)
TABLE 7. U.S. Nutraceuticals Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 8. U.S. Nutraceuticals Market Estimates & Forecasts by Product 2022-2032 (USD Billion)
TABLE 9. U.S. Nutraceuticals Market Estimates & Forecasts by Application 2022-2032 (USD Billion)
TABLE 10. Canada Nutraceuticals Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 11. Canada Nutraceuticals Market Estimates & Forecasts by Product 2022-2032 (USD Billion)
TABLE 12. Canada Nutraceuticals Market Estimates & Forecasts by Application 2022-2032 (USD Billion)
TABLE 13. UK Nutraceuticals Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 14. Germany Nutraceuticals Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 15. France Nutraceuticals Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 16. Spain Nutraceuticals Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 17. Italy Nutraceuticals Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 18. Rest of Europe Nutraceuticals Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 19. China Nutraceuticals Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 20. India Nutraceuticals Market Estimates & Forecasts, 2022-2032 (USD Billion)
…..
(This list is not complete; the final report does contain more than 100 tables. The list may be updated in the final deliverable.)

LIST OF FIGURES

FIG 1. Global Nutraceuticals Market, Research Methodology
FIG 2. Global Nutraceuticals Market, Market Estimation Techniques
FIG 3. Global Market Size Estimates & Forecast Methods
FIG 4. Global Nutraceuticals Market, Key Trends 2023
FIG 5. Global Nutraceuticals Market, Growth Prospects 2022-2032
FIG 6. Global Nutraceuticals Market, Porter’s 5 Force Model
FIG 7. Global Nutraceuticals Market, PESTEL Analysis
FIG 8. Global Nutraceuticals Market, Value Chain Analysis
FIG 9. Global Nutraceuticals Market by Segment, 2022 & 2032 (USD Billion)
FIG 10. Global Nutraceuticals Market by Segment, 2022 & 2032 (USD Billion)
FIG 11. Global Nutraceuticals Market by Segment, 2022 & 2032 (USD Billion)
FIG 12. Global Nutraceuticals Market by Segment, 2022 & 2032 (USD Billion)
FIG 13. Global Nutraceuticals Market by Segment, 2022 & 2032 (USD Billion)
FIG 14. Global Nutraceuticals Market, Regional Snapshot 2022 & 2032
FIG 15. North America Nutraceuticals Market 2022 & 2032 (USD Billion)
FIG 16. Europe Nutraceuticals Market 2022 & 2032 (USD Billion)
FIG 17. Asia-Pacific Nutraceuticals Market 2022 & 2032 (USD Billion)
FIG 18. Latin America Nutraceuticals Market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Nutraceuticals Market 2022 & 2032 (USD Billion)
FIG 20. Global Nutraceuticals Market, Company Market Share Analysis (2023)
…..
(This list is not complete; the final report does contain more than 50 figures. The list may be updated in the final deliverable.)


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