Functional Foods Market to Register a 7% CAGR during 2012-2015

Press Release   •   Jul 27, 2012 16:10 IST

According to a new research report by RNCOS “US Nutraceuticals Market Analysis”, nutraceutical market has evolved as one of the fastest growing industries in the US and remained almost immune even in the tough post recessionary scenarios. The government is also attentive towards the growth of this industry, which is anticipated to further accelerate in the future. In 2011, the US nutraceutical industry is estimated to have posted an amount worth US$ 71.8 Billion and is further likely to grow at a healthy CAGR of around 8% during 2012-2015.

Our report has revealed that the US nutraceutical market is dominated by functional food segment that captured around 57% share in 2010 and was followed by dietary supplements. The US functional food market is largest in the world, representing 35-50% of total global sales. Functional foods are viewed as one option available to Americans seeking cost-effective, preventative approaches to health care and improved health status. With a CAGR of around 7% during 2012-2015, the US functional foods market will continue to dominate the whole industry.

The report, “US Nutraceuticals Market Analysis”, illustrates the current performance of key segments in the US Nutraceuticals market to enumerate vertical sector demand. It further analyzes the opportunity assessment for companies in the US nutraceutical market by covering prudent analysis on consumer behavior and recent industry trends. Moreover, the report investigates into the regulatory environment for nutraceutical products in the US and enumerates key activities that seek to effectively address the monitoring system.

The report is an outcome of an extensive research and prudent analysis of the US nutraceutical market that takes into account almost each industry aspect and facilitates suitable decision making for the investors. It also provides an in-depth analysis of the current status and expected position of the US Nutraceuticals Market and projects the future size of overall market and all the segments during 2012-2015 and covers effective description of key drivers that will propel the growth.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM350.htm

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