Nutraceuticals Market is Expected to Reach US$ 809.8 Bn by 2025

Posted by venkatakiran on September 27th, 2019

Global Nutraceuticals Market is Expected to Reach US$ 809.8 Bn by 2025, Surge in R&D for the Development of Newer Products

Analyst Speak:

“The Global Nutraceuticals Market is expected to reach US$ 809.8 Bn by 2025 owing to growth in R&D for the development of newer products”

The global nutraceuticals market is expected to reach US$ 809.8 Bn by 2025. The global nutraceuticals market is driven by the enormous health benefits they provide such as restoring gut flora, reducing gastrointestinal discomfort, relieving constipation, improving immune health and avoiding common cold. Moreover, increased research and development activities going on in the field of nutraceuticals due to its rising popularity and demand among the people. In addition, global nutraceuticals market is expected to grow in the forecast years due to raising prevalence of chronic diseases, increasing health consciousness among the people and growing demands for healthy alternatives with minimal side effects.

Nutraceuticals are largely unregulated, these supplements are the subject of marketing hype than actual clinical testing, and, it is not even known yet whether they provide more benefits than risks for consumers. These factors are hampering the growth of global nutraceuticals market.

Global nutraceuticals market is segmented on the basis of functional food, functional beverages, dietary supplements, and region.

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Probiotics Fortified Food Dominate the Global Nutraceuticals Market

Based on the functional food, global nutraceuticals market is segmented into branded wheat flour, branded ionized salt, probiotics fortified food, omega fatty acid fortified food, and others. Probiotics fortified food dominates the global nutraceuticals market owing to the health benefits associated with the probiotics fortified food. They encourage the gut function and increase overall immunity of the body. They are also used in cosmetics to rejuvenate the skin.