Global Nutraceuticals Market to Expand at 7.3% Cagr from 2015 to 2021 Due to Increasing Health Consciousness Among Consumers

Transparency Market
Research

Nutraceuticals Market - Global Industry Analysis, Size, Share,
Growth and Forecast 2015 – 2021

Published Date
23-09-2015

87 Page Report

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Press Release

Global Nutraceuticals Market to Expand at 7.3% CAGR from 2015
to 2021 due to Increasing Health Consciousness Among
Consumers

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Nutraceuticals Market

REPORT DESCRIPTION

Transparency Market Research (TMR) has announced the addition of a new market study on the
nutraceuticals market. The report analyzes the drivers and restraints of the market. The report is titled
“Nutraceuticals Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021.”
As per the findings in the report, the market, which was valued at US$182.60 bn in 2015, will rise to
US$278.96 bn by 2021, exhibiting a CAGR of 7.3% from 2015 through 2021. An increase in the prevalence
of non-communicable chronic diseases and rising healthcare expenditure are expected to drive the global
nutraceuticals market.
Nutraceuticals are products that offer health and nutrition benefits over and above the basic nutrition
value present in food items. Nutraceuticals range from dietary supplements, isolated nutrients, and herbal
products to processed foods and beverages. Nutraceuticals offer lucrative margins to food and beverages
company and also have minimal regulatory requirements involved. Thus, an increasing number of
companies are entering the nutraceuticals market.
Increasing health consciousness among consumers is driving the global nutraceuticals market. The
increasing consumer awareness about the basic nutrition value present in food and growing preference for
nutritious products are driving the global nutraceuticals market. The use of nutraceuticals products...