Consumer spending now witnessing a substantial rise in functional food and beverages is offering lucrative scenarios for the global nutraceuticals market. Looking into this profitable opportunity, a new report has been submitted to the vast online repository of Market Research Reports Search Engine (MRRSE), with the title ‘’Nutraceuticals Market (Functional Food ,Dirtey Supplements, Dietry Supplements, personal care And Pharmaceuticals)- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021‘’. The report offers a precise analysis of the most viable parameters in this market such as the market trends, players, and forecasts.
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According to this report, the global nutraceuticals market is estimated grow at a CAGR of 7.3% from 2015 to 2021. Also, the market is anticipated to gain the value of US$ 278.96 Billion by the end of 2021.
Developed nations consumers are presently discovering healthier lifestyles to reduce the prevalence of lifestyle and chronic disorders. Such trends have strengthened demand for a dietary supplement not only as a path to boost physical performance but also as a disease prevention option. The study begins with a clean preface, report description along with elaborate market segmentation. In this section, the research scope, assumptions as well as the research methodology is presented. Readers also get to learn about the executive summary, industry evaluation of the global nutraceuticals market together with a careful introduction about this industry. The study reveals the market dynamics as well as the drivers which are mainly the growing non-communicable chronic diseases. The study also discuses key data about increasing demand for nutritional diet in developed countries and nutraceuticals acting as a substitute to OTC medicines.
In this exclusive report, there are viable guidelines about this market where the more useful parameters such as the restraints and growing nutraceutical product prices are all well-evaluated. The main regions analyzed in this study are North America and Asia-Pacific, where the global market attractiveness in terms of product type and market positioning of major players during 2014 are also introspected thoroughly.
Additionally, the study evaluates the global nutraceuticals market, through the product types such as functional food, functional beverages, and dietary supplements. In this section, the most crucial market size and forecast, considering the period from 2014 to 2021 are also furnished. In the ending section, the research report also offers the study on some of the companies functioning in the global nutraceuticals market such as Royal DSM N.V., Archer Daniels Midland Company, BASF SE, Cargill, Incorporated, Groupe Danone S.A., E. I. du Pont de Nemours, Nestle S.A., and Company, and General Mills, Inc.
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