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Global Nutraceuticals Market to reach USD 830.91billion by 2028.

Global Nutraceuticals Market Size study, by Product (Dietary Supplements, Functional Food, Functional Beverages) and Regional Forecasts 2022-2028

Product Code: HLSDT-22118455
Publish Date: 22-04-2022
Page: 200

Global Nutraceuticals Market is valued at approximately USD 454.54 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.0 % over the forecast period 2022-2028. Nutraceuticals are dietary supplements that contain fibers and minerals. It helps to foster easier bowel movements, provides cleansing to the internal organs, and keeps the body healthy. It includes dietary supplements, functional food, functional beverages etc. The increasing geriatric population has led to the adoption of Nutraceuticals across the forecast period. For Instance: According to the World Bank in 2020, the global geriatric population ages above 65 is increasing rapidly. In 2019 the geriatric population ages above 65 was about 9.102 % of the total population. Whereas, it is increased to approximately 9.321 % of the total population in 2020. Rising awareness towards diseases caused by malnutrition enhances the market growth of nutraceuticals. Also, with the increasing spending towards healthy and nutritious food consumption, the adoption & demand for Nutraceuticals is likely to increase the market growth during the forecast period. However, threat of substitutes impedes the growth of the market over the forecast period of 2022-2028.

The geographical regions considered for the global Nutraceuticals market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is estimated as the significant region across the globe in terms of huge market share due to the growing geriatric population coupled with malnutrition and rising health concerns among consumers etc. China and India are the leading regions due to the rising consumer base. Whereas, Europe is also considered to attain a maximum growth rate during 2022-2028 due to aforesaid factors. Varying lifestyle, increasing urbanization, and increasing disposable income push the market growth in Europe region in the forecast period.

Major market players included in this report are:
Cargill, Incorporated
Archer Daniels Midland Company
DuPont
Nestle S.A.
Danone
Royal DSM N.V.
General Mills
Innophos
WR Grace
Amway Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Dietary Supplements
Functional Food
Functional Beverages
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Nutraceuticals Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028(USD Billion)
1.2.1. Nutraceuticals Market, by Region, 2020-2028(USD Billion)
1.2.2. Nutraceuticals Market, by Product, 2020-2028(USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Nutraceuticals Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Nutraceuticals Market Dynamics
3.1. Nutraceuticals Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Increasing geriatric population
3.1.1.2. Rising awareness towards diseases caused by malnutrition
3.1.2. Market Challenges
3.1.2.1. Threat of substitutes
3.1.3. Market Opportunities
3.1.3.1. Increasing spending towards healthy and nutritious food consumption
Chapter 4. Global Nutraceuticals Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Nutraceuticals Market, by Product
6.1. Market Snapshot
6.2. Global Nutraceuticals Market by Product, Performance – Potential Analysis
6.3. Global Nutraceuticals Market Estimates & Forecasts by Product, 2019-2028(USD Billion)
6.4. Nutraceuticals Market, Sub Segment Analysis
6.4.1. Dietary Supplements
6.4.2. Functional Food
6.4.3. Functional Beverages
Chapter 7. Global Nutraceuticals Market, Regional Analysis
7.1. Nutraceuticals Market, Regional Market Snapshot
7.2. North America Nutraceuticals Market
7.2.1. U.S. Nutraceuticals Market
7.2.1.1. Product breakdown estimates & forecasts, 2019-2028
7.2.2. Canada Nutraceuticals Market
7.3. Europe Nutraceuticals Market Snapshot
7.3.1. U.K. Nutraceuticals Market
7.3.2. Germany Nutraceuticals Market
7.3.3. France Nutraceuticals Market
7.3.4. Spain Nutraceuticals Market
7.3.5. Italy Nutraceuticals Market
7.3.6. Rest of Europe Nutraceuticals Market
7.4. Asia-Pacific Nutraceuticals Market Snapshot
7.4.1. China Nutraceuticals Market
7.4.2. India Nutraceuticals Market
7.4.3. Japan Nutraceuticals Market
7.4.4. Australia Nutraceuticals Market
7.4.5. South Korea Nutraceuticals Market
7.4.6. Rest of Asia Pacific Nutraceuticals Market
7.5. Latin America Nutraceuticals Market Snapshot
7.5.1. Brazil Nutraceuticals Market
7.5.2. Mexico Nutraceuticals Market
7.6. Rest of The World Nutraceuticals Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Cargill, Incorporated
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Archer Daniels Midland Company
8.2.3. DuPont
8.2.4. Nestle S.A.
8.2.5. Danone
8.2.6. Royal DSM N.V.
8.2.7. General Mills
8.2.8. Innophos
8.2.9. WR Grace
8.2.10. Amway Corporation
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
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In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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