Title: Nutraceuticals Market
1Nutraceuticals Market Size and Demand to 2032
Global Nutraceuticals market size was USD 298.46
billion in 2023 and the market is projected to
touch USD 617.84 billion by 2032, at a CAGR of
8.42 during the forecast period
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2Report Description
Nutraceuticals products include dietary
supplements, functional foods, and beverages. The
market is driven by rising health consciousness
among consumers seeking preventative healthcare
solutions. Nutraceuticals offer various benefits
such as improving digestion, boosting immunity,
and promoting overall well-being. The market is
predicted to develop significantly as the
population ages, the prevalence of chronic
diseases increases, and disposable incomes rise.
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3Â Tetra Pak, SIG, Elopak, Greatview, Xinjufeng
Pack, Lamipack, Bihai, Coesia IPI, Likang, ipack,
Skylong, and Jielong Yongfa
Major Key Players
- Some of the major players operating in this
market are - Nestle,
- Danone,
- Pfizer Inc.,
- General Mills Inc.,
- Tyson Foods,
- The Kraft Heinz Company,
- DSM,
- Amway,
- Nature's Bounty, and
- The Hain Celestial Group Inc.
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4Market Segmentation
- By Product Type (Functional Foods (Cereal, Bakery
And Confectionary, Dairy, Snack, and Other), - Functional Beverages (Energy Drinks, Sports
Drinks, Fortified Juice, Dairy and Dairy
Alternative Beverage, And Other)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- latin America
- Middle East
- Africa
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