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Demand for Nutraceuticals Expected to Rise as Consumers Show Growing Inclination Toward Natural Ingredients, Says Tmr

  • Date Submitted: 08/19/2016 03:15 AM
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Transparency Market

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

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87 Page Report

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Press Release

Demand for Nutraceuticals Expected to Rise as Consumers Show
Growing Inclination toward Natural Ingredients, Says TMR

Transparency Market Research
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Nutraceuticals Market


Global Nutraceuticals Market: Snapshot
The increasing consumer spending on functional food and beverages has been presenting lucrative
prospects for the global nutraceuticals market. Consumers, especially those across developed nations, are
currently exploring healthier lifestyle choices to curb the incidence of chronic and lifestyle diseases. Such
trends have bolstered demand for dietary supplement not only as means to boost physical performance
but also disease prevention option. Spurred by such factors, Transparency Market Research (TMR) projects
the global nutraceuticals market to rise at a CAGR of 7.3% between 2015 and 2021.
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Besides growth witnessed across developed regions, the market is also poised to see attractive
opportunities in Asia Pacific. The robust healthcare development demonstrated across emerging
economies of the region and increasing disposable income of people will accelerate the nutraceuticals
market in Asia Pacific.
As per TMR, the global nutraceuticals market stood at US$165.62 bn in 2014. Rising at a CAGR of 7.3%
from 2015 to 2021, the market is expected to reach US$278.96 bn, by the end of 2021.
Demand for Functional Food to Surge Considerably due to Rising Interest in Healthier Lifestyle
On the basis of revenue, functional food...


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