Nutraceutical Products Market Share, Size & Competitive Landscape Report 2030
Nutraceutical Products Market Size & Insights
The Global Nutraceutical Product Market size was valued at around USD 591.1 billion in 2024 and is projected to reach USD 912.25 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.50% during the forecast period, i.e., 2025-30. The growing inclination of consumers toward functional foods owing to their increasing health consciousness is the primary aspect driving the nutraceutical industry worldwide. Moreover, the mounting global prevalence of chronic illnesses and stringent norms about food fortification by the governments of different countries further accelerate the market.
What are the Key DROs in the Nutraceutical Products Market?
Transcending burden of lifestyle disorders– The widespread use of processed and junk food is the primary cause of the prevalence of lifestyle disorders like obesity, diabetes, etc. The use of packaged foods and beverages with high-calorie counts together with little to no physical activity has led to such kind of lifestyle crisis. However, the integration of nutraceutical goods into the general population's everyday routine has been fueled by expanding awareness of leading a healthy lifestyle, rising use of nutritional supplements for immunity building, boosting internal organ functions, etc.
What are the Key Segments in the Nutraceutical Products Market?
The Nutraceutical Products is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Product Type
Functional Beverages
Sports Drinks
Dairy & Dairy Alternative Drinks
Fruit & Vegetable Juices
Functional Foods
Dietary Supplements
By Distribution Channel
Supermarkets/Hypermarkets
Online Retail
Specialty Stores
Pharmacies
Others
The specialty stores segment is poised to be the fastest-growing channel in the nutraceutical products market during the forecast period, a trend strongly supported by evolving consumer preferences and regional market dynamics.
By End User
Household
Commercial
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By Source
Probiotics
Prebiotics
Vitamins
Minerals
How does geographical analysis highlight in the Nutraceutical Products market?
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Asia-Pacific region is expected to dominate the global nutraceutical products market during the 2025–2030 period.
Who are the Key Players in Nutraceutical Products Market?
Archer Daniels Midland Company.
BASF SE
Cargill, Inc.
Danone
DuPont de Nemours, Inc
General Mills Inc.
Financial Details
Koninklijke DSM N.V.
Nestle S.A.
PepsiCo, Inc.
Yakult Honsha Co., Ltd
Kellogg Company
Herbalife International of America, Inc.
Abbott Laboratories Inc.
Mead Johnson Nutrition Co.
Omega Protein Corp.
Zymes LLC and others.
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Nutraceutical Products Market News
2024: BASF launched a new line of sustainable, algae-based omega-3 supplements. This shift towards algae-derived omega-3 oils offers a vegan and potentially more sustainable alternative to traditional fish oil supplements, aligning with growing consumer demand for plant-based and eco-friendly options.
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Risk Identification: Pinpoint challenges to inform strategic planning.
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