How are Personalized Nutrition Objectives Stimulating Nutraceutical Supplements Market – Exclusive Study by FactMR

250 Pages Nutraceutical Supplements Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Nutraceutical Supplements. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Nutraceutical Supplements Market across various industries and regions.

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Market Snapshot

According to Fact.MR, the global market for nutraceutical supplements is anticipated to surpass US$ 81 Bn in 2021, expand more than twofold through 2031. The strong growth of nutraceutical products can be attributed to the increasing prevalence of chronic diseases, such as diabetes, cholesterol, and obesity among others.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Nutraceutical Supplements market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Nutraceutical Supplements

This newly published and insightful report sheds light on Market Insights of Nutraceutical Supplements, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Nutraceutical Supplements Market.

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Key Segments Covered

  • Product Type

    • Vitamins & Mineral Nutraceutical Supplements
    • Herbal Nutraceutical Supplements
    • Protein & Amino Acid Nutraceutical Supplements
    • Prebiotics & Probiotics Nutraceutical Supplements
  • Form

    • Nutraceutical Supplement Softgels
    • Nutraceutical Supplement Capsules
    • Nutraceutical Supplement Liquids
    • Nutraceutical Supplement Tablets
    • Nutraceutical Supplement Powder & Granules
  • Consumer Orientation

    • Nutraceutical Supplements for Men
    • Nutraceutical Supplements for Kids
    • Nutraceutical Supplements for Women
    • Unisex Nutraceutical Supplements

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Competitive Landscape

The global nutraceutical supplements market is highly competitive in nature. Leading players are focusing on strengthening their market position and gaining traction in the competitive global market.

  • In January 2020, Kellogg’s announced the launch of a plant-based breakfast cereal designed for kids in a process involving over 1,000 children and 1,500 parents. This approach to product development was taken in order to combat the age-old issue of picky eaters – having children design the product may ensure they enjoy eating it.
  • In April 2021, Nestlé and KKR entered into an agreement in which Nestlé will acquire core brands of The Bountiful Company for USD 5.75 billion. The transaction includes the high-growth brands- Nature’s Bounty®, Solgar®, Osteo Bi-Flex®, and Puritan’s Pride® as well as the company’s U.S private label business. These brands will be integrated into Nestlé Health Science, creating a global leader in vitamins, minerals, and nutritional supplements.

 Key Takeaways from the Market Study

  • Vitamins & mineral nutraceutical supplements to likely to hold 36% revenue
  • Collectively, herbal and protein & amino acid supplements to generate 50% of global demand
  • Preference for nutraceutical softgels high, projected to account for at least 1 out of 4 sales
  • By consumer orientation, unisex supplements to hold 2/5th market share through 2021
  • U.S to dominate the North American market, yielding 30% revenue share
  • 2/5th of the South Asian market demand to be accounted for by India until 2031

“Heightening personalized nutrition regimes amid growing prevalence of sedentary lives is expected to stimulate demand for nutraceutical supplements, spurring large-scale innovations and new product launches,” remarks the Fact.MR analyst.

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Key Question answered in the survey of Nutraceutical Supplements market report:

  • Sales and Demand of Nutraceutical Supplements
  • Growth of Nutraceutical Supplements Market
  • Market Analysis of Nutraceutical Supplements
  • Market Insights of Nutraceutical Supplements
  • Key Drivers Impacting the Nutraceutical Supplements market
  • Which are the Key drivers impacted by Nutraceutical Supplements market
  • Restraints Shaping Market Growth
  • Market Survey of Nutraceutical Supplements

More Valuable Insights on Nutraceutical Supplements Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Nutraceutical Supplements, Sales and Demand of Nutraceutical Supplements, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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