Press Release Description
Global Nutraceuticals Market to Surge at a Healthy CAGR of Around 7.2% During 2025-30
The Global Nutraceuticals Market size was valued at around USD 485 billion in 2024 and is projected to reach USD 885 billion by 2030. The market is also estimated to grow at a CAGR of around 7.2% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The growth is driven by rising consumer inclination toward functional foods, mainly due to their ever-increasing health consciousness. The growing prevalence of chronic illnesses, and the implementation of stringent norms by governments of different countries on food fortification, are other prominent aspects projected to drive the market in the forecast years. Moreover, customization in nutraceuticals is gaining immense popularity worldwide as more & more consumers are becoming aware of their availability & incredible health benefits that promote people's overall health & meet their unmet nutritional needs. Several customers are also expressing great interest in tailored supplements, diet plans, & workout regimes. As a result, the growing consumer need for nutritional supplements that are becoming an increasingly important intervention in predictive & proactive health is likely to spur growth in the Global Nutraceuticals Market over the forecast years.
Furthermore, the swift inclination toward medical nutrition owing to the growing application of dietary supplements in treating cardiovascular diseases & malnutrition is also boding well for the overall market growth. In addition, the rising geriatric population, increasing healthcare costs, & changing lifestyles, coupled with massive investments by well-established industry players in new product developments, are augmenting the size & volume of the industry, further states the research report, “Global Nutraceuticals Market Analysis, 2025.”
Global Nutraceuticals Market Segmentation Analysis
Dietary Supplements Hold a Major Market Share
Based on the product type, the market is further bifurcated into Dietary supplements, Functional food, and Functional beverages. Among all, dietary supplements are projected to lead the market in upcoming years, owing to the growing technological advancements in supplement formulation, including enhanced delivery systems, further boosting efficacy and desirability. Moreover, the players essentially operating in dietary supplements are embarking on the base expansion of their facility to fulfill the rising demand for health-benefiting products. Moreover, probiotics are important in preventive healthcare since they improve the immune system and prevent disease. Therefore, the rising awareness about preventive healthcare is projected to drive market growth in upcoming years.
Asia-Pacific to Lead the Global Nutraceuticals Industry
Asia-Pacific region is expected to lead the global industry growth in upcoming years due to the growing aging population coupled with changing lifestyles and rising prevalence of chronic diseases. Other prominent factors influencing the growth graph are rising disposable income and mounting health awareness. Additionally, the presence of developed countries such as China, considered as the leading country across the region, further expands the industry growth. Besides, the growing awareness associated with improved gut health among consumers ultimately drives the requirement for probiotics.
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including Bayer AG, Vitabiotics Ltd., BASF SE, Torrent Pharmaceuticals Ltd., General Mills Inc., Natrol Inc., dsm-firmenich Nutritional Products AG, Nestlé S.A., Bactolac Pharmaceutical Inc., GlaxoSmithKline plc., Bionova Life Sciences, Pfizer Inc., Amway Corp., Danone S.A., Herbalife Nutrition Ltd., others, are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the regions?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition been shaping up across various regions?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2025-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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