Market Overview

The Global Nutraceuticals Market was valued at USD 456,964.3 million in 2023 and is expected to reach USD 620,592.6 million by 2031 while growing at a CAGR of 3.9% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global nutraceuticals market growth. Nutraceuticals, a blend of "nutrition" and "pharmaceutical," encompass food or products offering health benefits, including disease prevention and treatment. This term underscores their dual role in providing both nutritional and medicinal advantages.

Increasing emphasis on preventive healthcare and rising health consciousness drive the growth of the nutraceuticals market. However, regulatory challenges, as well as issues with quality control and standardization, may pose obstacles to market expansion.

Furthermore, the global nutraceuticals industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Nutraceuticals Market is segmented among Functional Food, Functional Beverage, and Dietary Supplements, based on product type. In 2023, Functional Food accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Distribution Channel Analysis

The Global Nutraceuticals Market is segmented among Specialty Stores, Supermarkets/Hypermarkets, Convenience Stores, Drug Stores/Pharmacies, Online Retail Stores, and Other Distribution Channels, based on Distribution Channels. In 2023, Drug Stores/Pharmacies accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Nutraceuticals Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are PepsiCo, Inc., General Mills, Inc., Nestlé S.A., Kellogg Company, Herbalife International of America, Inc., Danone S.A., Now Health Group, Inc. (NOW Foods), Alticor Inc (Amway Corporation), Red Bull GmbH, and Abbott Laboratories.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Nutraceuticals Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Nutraceuticals Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Nutraceuticals Market Segmentation, By Product Type

• Global Nutraceuticals Market Share Analysis, By Product Type

• Global Nutraceuticals Market Growth Analysis, By Product Type

• Global Nutraceuticals Market Trends, By Product Type

o Functional Food

Ø Cereal

Ø Bakery and Confectionary

Ø Dairy

Ø Snack

Ø Other Functional Foods

o Functional Beverage

Ø Energy Drink

Ø Sports Drink

Ø Fortified Juice

Ø Dairy and Dairy Alternative Beverage

Ø Other Functional Beverages

o Dietary Supplements

Ø Vitamins

Ø Minerals

Ø Botanicals

Ø Enzyme

Ø Fatty Acids

Ø Proteins

Ø Other Dietary Supplements

6. Global Nutraceuticals Market Segmentation, By Distribution Channel

• Global Nutraceuticals Market Share Analysis, By Distribution Channel

• Global Nutraceuticals Market Growth Analysis, By Distribution Channel

• Global Nutraceuticals Market Trends, By Distribution Channel

o Specialty Stores

o Supermarkets/Hypermarkets

o Convenience Stores

o Drug Stores/Pharmacies

o Online Retail Stores

7. Global Nutraceuticals Market Segmentation, By Region

• Global Nutraceuticals Market Share Analysis, By Region

• Global Nutraceuticals Market Growth Analysis, By Region

• Global Nutraceuticals Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• PepsiCo, Inc.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• General Mills, Inc.

• Nestlé S.A

• Kellogg Company

• Herbalife International of America, Inc.

• Danone S.A.

• Now Health Group, Inc. (NOW Foods)

• Alticor Inc (Amway Corporation)

• Red Bull GmbH

• Abbott Laboratories  

 *Similar analysis will be provided for each company listed above.