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Nutraceuticals and Processing Technologies Market - Forecast, 2013 – 2019

  • Date Submitted: 10/30/2015 04:37 AM
  • Flesch-Kincaid Score: 28.5 
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REPORT DESCRIPTION

Nutraceuticals are products that give extra nutritional value to food, and help in prevention and treatment of diseases. The
nutraceuticals market can be classified into functional foods, dietary supplements, medicinal foods, and farmaceuticals. The
market can also be segmented by its usage in body building, diabetes control, pain relief, and weight control. The nutritional
requirement of a person varies according to the age of the individual and hence this industry offers various products according
to demographics.
An increase in obese and diabetic patients on a global scale is the key driving force for the market. The market contributes less
than 10% to the total food industry globally, but good growth opportunities are available if proper business partnership models
are practiced, regulatory frameworks change, and consumer preferences are taken into consideration. The nutraceuticals
market is growing at a fast pace as consumer awareness regarding health and fitness is increasing on a global scale. Some of
the benefits associated with the use of nutraceuticals are
delayed ageing process, prevention and treatment of chronic
diseases, and improved life expectancy. Some factors like the changing lifestyle of the working population, affordability of
medical services and good media penetration is expanding the nutraceuticals market in Asian...

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