Global Nutraceutical Growth Opportunities 2023: Increasing Consumer Awareness and Changing Dietary Habits, Post Pandemic, Drive Future Growth Potential

News provided by

Mar 14, 2023, 14:45 ET

DUBLIN, March 14, 2023 /PRNewswire/ -- The "Global Nutraceutical Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

This study covers the ingredients used in nutraceutical formulations and finished nutraceutical products.

A nutraceutical is a food or part of a food, and it provides a physiological benefit and maintains good health. Nutraceuticals are not intended to treat or cure diseases; moreover, they are used for preventive healthcare purposes. The scope of nutraceuticals includes dietary supplements and functional food and beverages.

Nutraceutical ingredients are biologically active ingredients used in the production of nutraceuticals or food/dietary supplements. They have a scientifically proven and beneficial effect on health through their participation in metabolic processes. Herbs and botanicals, vitamins and minerals, and specialty ingredients are the most commonly used and recognized categories of nutraceutical ingredients.

The expanding geriatric population and the rising incidence of lifestyle diseases have urged consumers to become conscious of their health, and they now prefer preventive healthcare options, such as nutraceuticals, to stay healthy and avoid high healthcare costs. In addition, rapid urbanization, increasing middle-class income, and thriving eCommerce influence the growth of nutraceuticals and nutraceutical ingredients.

The COVID-19 pandemic also raised awareness of immunity and health, which spiked the demand for finished nutraceutical products and certain nutraceutical ingredients. Furthermore, government health authorities are amending existing laws and regulations due to the rising incidence of diseases, thereby emphasizing the need for nutraceuticals as part of the daily recommended nutrient intake.

During the forecast period, Asia-Pacific (APAC) will remain a high-growth market for nutraceuticals and nutraceutical ingredients due to fast-growing economies and increasing consumer awareness. North America and Europe are relatively mature markets and are likely to showcase steady growth.

The analysis considers the impact of the COVID-19 pandemic and other geopolitical situations, such as the Russo-Ukrainian War, China's environmental policies, the US-China trade conflict, and inflation. The study includes a brief note on the qualitative and quantitative aspects of ingredient type, finished product type, and region, which are the major segmentation types of the global nutraceuticals market.

The study period of this research service is from 2019 to 2030, the base year is 2022, and forecasts are provided up to 2030. Revenue figures and forecasts are based on information received from and validated by ingredient manufacturers and dietary supplement and functional food and beverage manufacturers.

Key Topics Covered:

1 Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8T
The Impact of the Top 3 Strategic Imperatives on the Nutraceutical Industry
Growth Opportunities Fuel the Growth Pipeline EngineT

2 Growth Opportunity Analysis

Scope of Analysis
Segmentation
Market Definition
Key Competitors
Growth Drivers
Growth Restraints
Forecast Assumptions
Value Chain
Impact of the COVID-19 Pandemic on the Nutraceuticals Market
COVID-19-induced Research for Nutraceutical Ingredients
Consumer Interest amid the Pandemic
Additional Impact of the Pandemic on the Nutraceuticals Market
Market Trends - Dietary Supplements
Market Trends - Functional Food and Beverages
Market Trends - Functional Beverages

3 Growth Opportunity Analysis - Nutraceutical Ingredients

Growth Metrics
Revenue Forecast
Revenue Forecast by Ingredients
Revenue Forecast by Region
APAC Revenue Forecast by Countries
Revenue Forecast Analysis by Region
Competitive Environment
Competitive Product Matrix

4 Herbs and Botanical Ingredients

Growth Metrics
Overview of Ayurvedic Herbs
Overview of Capsaicin
Overview of Cranberry
Overview of Curcumin
Overview of Echinacea
Overview of Elderberry
Overview of Garlic
Overview of Ginger
Overview of Ginkgo Biloba
Overview of Ginseng
Overview of Green Tea
Overview of Homeopathics
Overview of St. John's Wort
Overview of Valerian
Overview of Other Herbs and Botanical Ingredients
Revenue Forecast
Revenue Forecast by Ingredients
Revenue Forecast Analysis by Ingredients

5 Specialty Ingredients

Growth Metrics
Overview of 5 HTP
Overview of Amino Acids
Overview of Bee Products
Overview of Collagen Peptide
Overview of CoQ10
Overview of Creatine
Overview of DHEA
Overview of Digestive Enzymes
Overview of Glucosamine/Chondroitin
Overview of Hyaluronic Acid
Overview of Melatonin
Overview of MSM
Overview of Omega-3 Fatty Acids
Overview of Probiotics
Overview of Prebiotics
Overview of Protein Ingredients (Dairy and Plant)
Overview of Psyllium
Overview of SAMe
Revenue Forecast
Revenue Forecast by Ingredients
Revenue Forecast Analysis by Ingredients

6 Vitamins and Minerals

Growth Metrics
Overview of B Vitamins
Overview of Calcium
Overview of Iron
Overview of Lutein and Zeaxanthin
Overview of Magnesium
Overview of Potassium
Overview of Vitamin A
Overview of Vitamin C
Overview of Vitamin D
Overview of Vitamin E
Overview of Vitamin K
Overview of Zinc
Revenue Forecast
Revenue Forecast by Ingredients
Revenue Forecast Analysis by Ingredients

7 Growth Opportunity Analysis - Nutraceuticals (Finished Product)

Growth Metrics
Revenue Forecast
Revenue Forecast by Product Type
Revenue Forecast Analysis by Product Type
Revenue Forecast by Region
APAC Revenue Forecast by Country
Revenue Forecast Analysis by Region
Competitive Environment
Competitive Product Matrix

8 Growth Opportunity Universe

Growth Opportunity 1: Specialty Ingredients Catering to Gut Health, Cognitive Health, and Weight Management/Sports Nutrition
Growth Opportunity 2: Ingredients for Functional Beverages
Growth Opportunity 3: Innovative and Novel Supplement Formats

9 Next Steps

Your Next Steps
List of Exhibits
Legal Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/2u5rbo

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets