Nutraceutical Supplements Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027
Report Description
The global Nutraceutical Supplements market size is estimated at USD 5,089.4 million in 2020, expanding at a CAGR 4.6% from 2021-2027 to reach 5,999.8 million USD in 2027.
Market Dynamics
The Nutraceutical Supplements industry is predicted to expand significantly over the projected timeframe. The rising incidence of chronic illnesses including diabetes, atherosclerosis, as well as overweight, among several others, can still be related to the rapid expansion of nutritional goods. Furthermore, variables such as the expanding senior demographic as well as the expanding need for alternative medicinal goods are driving the expansion of nutritional supplements. Growing consumer wellness and nutrition consciousness are driving the desire for healthier options, which is leading to increased development.
Supplements have seen increasing interest among individuals having oxidative stress-related clinical reasons such as allergies, heart syndrome, eye disorders, Alzheimer's sickness, overweight, as well as other diseases due to their wide variety of advantages. Given these considerations, the industry is expected to develop at a rapid pace throughout the forecast years. The versatility of preservation choices, the desire for mixed compositions with various advantages, increasing buyer knowledge degrees, educated individuals, as well as the surge in healthcare problems with customers throughout the catastrophic time all raised the global desire for nutritional supplements.
Individuals' increasing medical issues and increased knowledge of nutritional supplements are projected to be the biggest factors in the Asian industry. Furthermore, demographic aging, shifting purchasing habits on medical goods, and shifting habits have aided the expansion of the Asian nutraceutical business. Consumption of dietary vitamins is expected to develop at a favorable pace in India, due to the president's increasing emphasis on improving nutrient assistance initiatives through its medical facilities.
Regional Insights
The anti-aging worries of Europe's older demographic propel the health supplements industry, which is mostly focused in Germany, Italian, England, the as well as Spain. The demand for nutraceutical goods is being driven by growing customer and governmental forces in Europe.
North America is expected to have the foremost position in the industry. The strong rise can be ascribed to rising public knowledge of the health advantages of such goods, as well as its nutritious benefits for illness avoidance and wellness improvement. Nutrients and nutraceuticals can assist enhance wellbeing, lower medical expenses, and promote financial growth.
Segment Insights
The Nutraceutical Supplements industry is divided into four sections: product, forms, sales channel, and customer orientation. Herbal products, as well as proteins & amino pills, are expected to have similar industry sales based on the product. In 2021, these categories will contribute to half of the total sales. The growing desire for organic components has resulted in a huge increase in the market for herbal medicines.
Medications containing nutrients and elements will likely be in the growing market in the future decades. Nutrients and elements additions are the most regularly used nutritional supplements, and their intake is predicted to rise gradually during the projection time.
Competitive Insights
Producers of nutritional supplements are aggressively engaging in R&D operations and customer partnerships, allowing them to support commercial success through item diversity and enhance linkages with scientific organizations. Herbalife Nutrition as well as the Herbalife Nutrition Foundation, for example, established a collaboration with the Asociacion Mexicana de Bancos de Alimentos.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of Nutraceutical Supplements by-product, form, sales channel, consumer orientation region, and Form. In addition, this report introduces the market competition situation among the vendors, and the company profile, besides, market price analysis, and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
- Amway
- Eurofins Scientific Se (Luxembourg)
- Barilla Group
- Conagra Foods
- E.I.D Parry Ltd.
- Freedom Food Group Limited
- General Mills
- Herbalife Ltd.
- Kellogg's
- Kraft Heinz Company
- Matsun Nutrition
- Mead Johnson Nutrition Company
- Natrol Inc.
- Nestlé
- Pfizer Inc.
- Samsung Electronics Co. Ltd.
- The Hain Celestial Group
- Valensa International
Product Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Vitamins & Mineral
- Protein & Amino Acid
- Herbal
- Prebiotics & Probiotics
Form Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Softgels
- Liquids
- Capsules
- Powder & Granules
- Tablets
Sales Channel Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Health & Beauty Stores
- Online Retailers
- Direct Selling
- Drug Stores
- Convenience Stores
- Modern Trade Channels
Consumer Orientation Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Women
- Kids
- Men
- Unisex
Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)
Table Of Content
1. Nutraceutical Supplements Market Overview
1.1. Product Overview and Scope of Nutraceutical Supplements
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Nutraceutical Supplements Market Size Growth Rate Analysis by Product 2020 VS 2027
1.3.1. Vitamins & Mineral
1.3.2. Protein & Amino Acid
1.3.3. Herbal
1.3.4. Prebiotics & Probiotics
1.4. Global Nutraceutical Supplements Consumption Comparison by Form: 2020 VS 2027
1.4.1. Softgels
1.4.2. Liquids
1.4.3. Capsules
1.4.4. Powder & Granules
1.4.5. Tablets
1.5. Global Nutraceutical Supplements Consumption Comparison by Sales Channel: 2020 VS 2027
1.5.1. Health & Beauty Stores
1.5.2. Online Retailers
1.5.3. Direct Selling
1.5.4. Drug Stores
1.5.5. Convenience Stores
1.5.6. Modern Trade Channels
1.6. Global Nutraceutical Supplements Consumption Comparison by Consumer Orientation: 2020 VS 2027
1.6.1. Women
1.6.2. Kids
1.6.3. Men
1.6.4. Unisex
1.7. Global Nutraceutical Supplements Market Size Estimates and Forecasts by Region: 2020 VS 2027
1.7.1. North America Nutraceutical Supplements Estimates
1.7.2. Europe Nutraceutical Supplements Estimates
1.7.3. China Nutraceutical Supplements Estimates
1.7.4. Japan Nutraceutical Supplements Estimates
2. Market Competition by Manufacturers
2.1. Global Nutraceutical Supplements Revenue Market Share by Manufacturers (2020)
2.2. Nutraceutical Supplements Market Share by Company Product (Tier 1, Tier 2 and Tier 3)
2.3. Global Nutraceutical Supplements Average Price by Manufacturers (2016-2021)
2.4. Manufacturers Nutraceutical Supplements Production Sites, Area Served, Product Types
2.5. Nutraceutical Supplements Market Competitive Situation and Trends
2.5.1. Nutraceutical Supplements Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Nutraceutical Supplements Consumption by Region (2016-2021)
3.1. Global Nutraceutical Supplements Consumption by Region
3.2. Global Nutraceutical Supplements Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Nutraceutical Supplements Consumption Growth Rate (2016-2021)
3.2.3. North America Nutraceutical Supplements Consumption, Price and Gross Margin (2016-2021)
3.2.4. North America Nutraceutical Supplements Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Nutraceutical Supplements Consumption Growth Rate (2016-2021)
3.2.7. Europe Nutraceutical Supplements Consumption, Price and Gross Margin (2016-2021)
3.2.8. Europe Nutraceutical Supplements Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Nutraceutical Supplements Consumption Growth Rate (2016-2021)
3.2.11. Asia Pacific Nutraceutical Supplements Consumption, Price and Gross Margin (2016-2021)
3.2.12. Asia Pacific Nutraceutical Supplements Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Nutraceutical Supplements Consumption Growth Rate (2016-2021)
3.2.15. South America Nutraceutical Supplements Consumption, Price and Gross Margin (2016-2021)
3.2.16. South America Nutraceutical Supplements Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Nutraceutical Supplements Consumption Growth Rate (2016-2021)
3.2.19. Middle East and Africa Nutraceutical Supplements Consumption, Price and Gross Margin (2016-2021)
3.2.20. Middle East and Africa Nutraceutical Supplements Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Nutraceutical Supplements Consumption by Product (2016-2021)
4.1. Global Nutraceutical Supplements Price by Product (2016-2021)
4.2. Global Nutraceutical Supplements Revenue Market Share by Product (2016-2021)
4.2.1. Vitamins & Mineral
4.2.2. Protein & Amino Acid
4.2.3. Herbal
4.2.4. Prebiotics & Probiotics
5. Global Nutraceutical Supplements Consumption by Form (2016-2021)
5.1. Global Nutraceutical Supplements Price by Form (2016-2021)
5.2. Global Nutraceutical Supplements Revenue Market Share by Form (2016-2021)
5.2.1. Softgels
5.2.2. Liquids
5.2.3. Capsules
5.2.4. Powder & Granules
5.2.5. Tablets
6. Global Nutraceutical Supplements Consumption by Sales Channel (2016-2021)
6.1. Global Nutraceutical Supplements Price by Sales Channel (2016-2021)
6.2. Global Nutraceutical Supplements Revenue Market Share by Sales Channel (2016-2021)
6.2.1. Health & Beauty Stores
6.2.2. Online Retailers
6.2.3. Direct Selling
6.2.4. Drug Stores
6.2.5. Convenience Stores
6.2.6. Modern Trade Channels
7. Global Nutraceutical Supplements Consumption by Sales Channel (2016-2021)
7.1. Global Nutraceutical Supplements Price by Sales Channel (2016-2021)
7.2. Global Nutraceutical Supplements Revenue Market Share by Consumer Orientation (2016-2021)
7.2.1. Women
7.2.2. Kids
7.2.3. Men
7.2.4. Unisex
8. Key Companies Profiled
8.1. Amway
8.1.1. Amway Nutraceutical Supplements Corporation Information
8.1.2. Amway Nutraceutical Supplements Product Portfolio
8.1.3. Amway Nutraceutical Supplements Consumption, Price and Gross Margin (2016-2021)
8.1.4. Amway Main Business and Markets Served
8.1.5. Amway Recent Developments/Updates
8.2. Barilla Group
8.3. Conagra Foods
8.4. E.I.D Parry Ltd.
8.5. Freedom Food Group Limited
8.6. General Mills
8.7. Herbalife Ltd.
8.8. Kellogg's
8.9. Kraft Heinz Company
8.10. Matsun Nutrition
8.11. Mead Johnson Nutrition Company
8.12. Natrol Inc.
8.13. Nestlé
8.14. Pfizer Inc.
8.15. Samsung Electronics Co. Ltd.
8.16. The Hain Celestial Group
8.17. Valensa International
9. Marketing Channel, Distributors and Customers
9.1. Marketing Channel
9.2. Nutraceutical Supplements Distributors List
9.3. Nutraceutical Supplements Customers
10. Market Dynamics
10.1. Nutraceutical Supplements Industry Trends
10.2. Nutraceutical Supplements Growth Drivers
10.3. Nutraceutical Supplements Market Challenges
10.4. Nutraceutical Supplements Market Restraints
11. Global Nutraceutical Supplements Consumption and Demand Forecast, by Region (2022-2027)
11.1. Global Forecasted Demand Analysis of Nutraceutical Supplements, by Regions and Country
11.1.1. North America Forecasted Consumption of Nutraceutical Supplements by Country
11.1.2. Europe Market Forecasted Consumption of Nutraceutical Supplements by Country
11.1.3. Asia Pacific Market Forecasted Consumption of Nutraceutical Supplements by Region
11.1.4. Latin America Forecasted Consumption of Nutraceutical Supplements by Country
11.1.5. Middle East and Africa Forecasted Consumption of Nutraceutical Supplements by Country
12. Research Finding and Conclusion
13. Methodology and Data Source
13.1. Methodology/Research Approach
13.1.1. Research Programs/Product
13.1.2. Market Size Estimation
13.1.3. Market Breakdown and Data Triangulation
13.2. Data Source
13.2.1. Secondary Sources
13.2.2. Primary Sources
13.3. Author List
13.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
Enquire Before Purchase
Frequently Asked Questions
Why Choose Market Research Strategy?
We utilize market analysis/information from verified authenticated data sources to scoop accurate research reports
We understand the urgency of our clients and their clients' in the competitive space thus, deliver the report in minimum turnaround
Without further ado, choose us and get instant access to reliable analysis to help you make the right business decisions.
We abide by the information security policy and adheres to keep your private and business information confidential and secure.