The global "Nutraceutical Products Market" was valued at US$ 172.3 billion in 2023 and is projected to reach US$ 272.9 billion by 2030, at a CAGR of 7.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Nutraceutical products are food-derived items that provide health benefits beyond basic nutrition. They include dietary supplements, functional foods, and fortified beverages, often containing vitamins, minerals, herbs, or other bioactive compounds aimed at promoting overall health and preventing disease.
Consumer Demographics
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Age Group: The primary consumers of nutraceutical products are individuals aged 35-54, accounting for about 50% of total sales. Consumers aged 18-34 represent 30% of the market, while those aged 55 and above make up the remaining 20%.
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Gender Distribution: Female consumers dominate the market, representing 60% of total purchases. Male consumers account for 40%, indicating a strong interest in health and wellness among women.
Regional Insights
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North America: The largest market, with a 40% share of global sales, driven by high health awareness, disposable incomes, and a strong retail infrastructure for health products.
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Europe: Accounts for 30% of the market. The demand is fueled by stringent regulatory standards, a high aging population, and a growing preference for preventive healthcare.
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Asia-Pacific: A rapidly growing market, holding 20% of global sales. Increasing health awareness, rising disposable incomes, and rapid urbanization in countries like China and India are key growth drivers.
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Rest of the World: Covers the remaining 10% of the market, with notable growth in emerging markets in Latin America and the Middle East.
Consumer Preferences
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Product Types: Dietary supplements are the most popular, preferred by 50% of consumers. Functional foods and beverages are also significant, making up 30% and 20% of the market, respectively.
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Health Benefits Sought: The primary health benefits consumers seek include immune support (35%), digestive health (25%), heart health (20%), weight management (15%), and bone/joint health (5%).
Purchasing Behavior
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Frequency of Purchase: On average, consumers purchase nutraceutical products every 1-2 months. Approximately 45% of consumers buy these products regularly as part of their health and wellness regimen.
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Retail Channels: Online sales have surged, now representing 50% of total purchases. Brick-and-mortar stores, including health food stores, pharmacies, and supermarkets, account for the remaining 50%.
Technological Trends
- Personalized Nutrition: Personalized nutraceutical products based on genetic profiles and health data are gaining popularity. This segment, though currently niche, is expected to grow significantly as technology advances.
Environmental and Health Concerns
- Clean Label Products: There is a growing demand for clean label nutraceutical products, with 30% of consumers preferring products with natural ingredients, no artificial additives, and transparent labeling.
This report studies the Nutraceutical Products market, covering market size for segment by type (Amino Acids, Peptides and Proteins, Lutein, etc.), by application (Convenience Stores, Drug Stores, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Abbott Laboratories, ADM, Ajinomoto, Amway, Bayer, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Nutraceutical Products from 2018-2023, and provides extensive market forecasts from 2024-2032 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Nutraceutical Products market.
Leading Players of Nutraceutical Products including:
- Abbott Laboratories
- ADM
- Ajinomoto
- Amway
- Bayer
- Beijing Tong Ren Tang
- Blackmores
- Cargill
- Conagra
- DSM
- General Mills
- Glanbia
- Herbalife Nutrition
- INFINITUS
- Kellogg's
- Kemin Industries
- Kraft Heinz Company
- Kyowa Hakko
- Nature?s Bounty
- Nestle
- Nutraceutix
- PERFECT (CHINA)
- Pfizer
- Raisio Group
- Riken Vitamin
- Tate & Lyle
- The Hain Celestial Group
- Usana
- Valensa
- Yakult Honsha
Market split by Type:
- Amino Acids, Peptides and Proteins
- Lutein
- Zeaxanthin
- Minerals
- Polyphenols and Flavonoids
Market split by Application:
- Convenience Stores
- Drug Stores
- Supermarkets
- Online Stores
- Others
Market split by Sales Channel:
- Direct Channel
- Distribution Channel
Market split by Region/Country:
- North America (United States and Canada)
- Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)
- South America (Brazil, Mexico, and Argentina, etc.)
- Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)
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TABLE OF CONTENTS
Table of Contents
Chapter 1 Nutraceutical Products Market Overview
1.1 Nutraceutical Products Definition
1.2 Global Nutraceutical Products Market Size Status and Outlook (2018-2032)
1.3 Global Nutraceutical Products Market Size Comparison by Region (2018-2032)
1.4 Global Nutraceutical Products Market Size Comparison by Type (2018-2032)
1.5 Global Nutraceutical Products Market Size Comparison by Application (2018-2032)
1.6 Global Nutraceutical Products Market Size Comparison by Sales Channel (2018-2032)
1.7 Nutraceutical Products Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Merger/Acquisition/Expansion)
1.7.4 Key Trends in Nutraceutical Products Market
Chapter 2 Nutraceutical Products Market Competition by Player
2.1 Global Nutraceutical Products Sales and Market Share by Player (2021-2023)
2.2 Global Nutraceutical Products Revenue and Market Share by Player (2021-2023)
2.3 Global Nutraceutical Products Average Price by Player (2021-2023)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Nutraceutical Products Market Segment by Type
3.1 Global Nutraceutical Products Market by Type
3.1.1 Amino Acids, Peptides and Proteins
3.1.2 Lutein
3.1.3 Zeaxanthin
3.1.4 Minerals
3.1.5 Polyphenols and Flavonoids
3.2 Global Nutraceutical Products Sales and Market Share by Type (2018-2023)
3.3 Global Nutraceutical Products Revenue and Market Share by Type (2018-2023)
3.4 Global Nutraceutical Products Average Price by Type (2018-2023)
3.5 Conclusion of Segment by Type
Chapter 4 Nutraceutical Products Market Segment by Application
4.1 Global Nutraceutical Products Market by Application
4.1.1 Convenience Stores
4.1.2 Drug Stores
4.1.3 Supermarkets
4.1.4 Online Stores
4.1.5 Others
4.2 Global Nutraceutical Products Revenue and Market Share by Application (2018-2023)
4.3 Conclusion of Segment by Application
Chapter 5 Nutraceutical Products Market Segment by Sales Channel
5.1 Global Nutraceutical Products Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Nutraceutical Products Revenue and Market Share by Sales Channel (2018-2023)
5.3 Conclusion of Segment by Sales Channel
Chapter 6 Nutraceutical Products Market Segment by Region & Country
6.1 Global Nutraceutical Products Market Size and CAGR by Region (2018-2032)
6.2 Global Nutraceutical Products Sales and Market Share by Region (2018-2023)
6.3 Global Nutraceutical Products Revenue and Market Share by Region (2018-2023)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Nutraceutical Products Market Share by Type
6.4.3 North America Nutraceutical Products Market Share by Application
6.4.4 United States
6.4.5 Canada
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Nutraceutical Products Market Share by Type
6.5.3 Europe Nutraceutical Products Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Spain
6.5.9 Russia
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Nutraceutical Products Market Share by Type
6.6.3 Asia-Pacific Nutraceutical Products Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Nutraceutical Products Market Share by Type
6.7.3 South America Nutraceutical Products Market Share by Application
6.7.4 Brazil
6.7.5 Mexico
6.7.6 Argentina
6.7.7 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Nutraceutical Products Market Share by Type
6.8.3 Middle East & Africa Nutraceutical Products Market Share by Application
6.8.4 Turkey
6.8.5 UAE
6.8.6 Saudi Arabia
6.8.7 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Nutraceutical Products Players
7.1 Abbott Laboratories
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 ADM
7.3 Ajinomoto
7.4 Amway
7.5 Bayer
7.6 Beijing Tong Ren Tang
7.7 Blackmores
7.8 Cargill
7.9 Conagra
7.10 DSM
7.11 General Mills
7.12 Glanbia
7.13 Herbalife Nutrition
7.14 INFINITUS
7.15 Kellogg's
7.16 Kemin Industries
7.17 Kraft Heinz Company
7.18 Kyowa Hakko
7.19 Nature?s Bounty
7.20 Nestle
7.21 Nutraceutix
7.22 PERFECT (CHINA)
7.23 Pfizer
7.24 Raisio Group
7.25 Riken Vitamin
7.26 Tate & Lyle
7.27 The Hain Celestial Group
7.28 Usana
7.29 Valensa
7.30 Yakult Honsha
Chapter 8 Upstream and Downstream Analysis of Nutraceutical Products
8.1 Industrial Chain of Nutraceutical Products
8.2 Upstream of Nutraceutical Products
8.3 Downstream of Nutraceutical Products
Chapter 9 Development Trend of Nutraceutical Products (2024-2032)
9.1 Global Nutraceutical Products Market Size (Sales and Revenue) Forecast (2024-2032)
9.2 Global Nutraceutical Products Market Size and CAGR Forecast by Region (2024-2032)
9.3 Global Nutraceutical Products Market Size and CAGR Forecast by Type (2024-2032)
9.4 Global Nutraceutical Products Market Size and CAGR Forecast by Application (2024-2032)
9.5 Global Nutraceutical Products Market Size and CAGR Forecast by Sales Channel (2024-2032)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
LIST OF TABLES & FIGURES
List of Tables and Figures
Figure Nutraceutical Products Example
Figure Global Nutraceutical Products Revenue (Million $) Status and Outlook (2018-2032)
Figure Global Nutraceutical Products Revenue (Million $) Comparison by Region (2018-2032)
Figure Global Nutraceutical Products Revenue (Million $) Comparison by Type (2018-2032)
Figure Global Nutraceutical Products Revenue (Million $) Comparison by Application (2018-2032)
Figure Global Nutraceutical Products Revenue (Million $) Comparison by Sales Channel (2018-2032)
Table Global Nutraceutical Products Sales by Player (2021-2023)
Table Global Nutraceutical Products Sales Market Share by Player (2021-2023)
Figure Global Nutraceutical Products Sales Market Share by Player in 2023
Table Global Nutraceutical Products Revenue (Million $) by Player (2021-2023)
Table Global Nutraceutical Products Revenue Market Share by Player (2021-2023)
Figure Global Nutraceutical Products Revenue Market Share by Player in 2023
Table Global Nutraceutical Products Average Price by Player (2021-2023)
Figure Global Nutraceutical Products Average Price by Player in 2023
Figure Global Nutraceutical Products Players Competition Situation ? Top 5 Players? Revenue Market Share in 2021
Figure Global Nutraceutical Products Players Competition Trends ? Top 5 Players? Revenue Market Share in 2023
Figure Example of Amino Acids, Peptides and Proteins
Figure Global Amino Acids, Peptides and Proteins Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Lutein
Figure Global Lutein Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Zeaxanthin
Figure Global Zeaxanthin Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Minerals
Figure Global Minerals Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Polyphenols and Flavonoids
Figure Global Polyphenols and Flavonoids Revenue (Million $) and Growth Rate (2018-2023)
Table Global Nutraceutical Products Sales by Type (2018-2023)
Table Global Nutraceutical Products Sales Market Share by Type (2018-2023)
Figure Global Nutraceutical Products Sales Market Share by Type in 2023
Table Global Nutraceutical Products Revenue (Million $) by Type (2018-2023)
Table Global Nutraceutical Products Revenue Market Share by Type (2018-2023)
Figure Global Nutraceutical Products Revenue Market Share by Type in 2023
Table Global Nutraceutical Products Average Price by Type (2018-2023)
Figure Global Nutraceutical Products Average Price by Type in 2023
Table Leading Players of Nutraceutical Products by Type in 2023
Figure Example of Convenience Stores
Figure Global Nutraceutical Products for Convenience Stores Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Drug Stores
Figure Global Nutraceutical Products for Drug Stores Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Supermarkets
Figure Global Nutraceutical Products for Supermarkets Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Online Stores
Figure Global Nutraceutical Products for Online Stores Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Others
Figure Global Nutraceutical Products for Others Revenue (Million $) and Growth Rate (2018-2023)
Table Global Nutraceutical Products Sales by Application (2018-2023)
Table Global Nutraceutical Products Sales Market Share by Application (2018-2023)
Figure Global Nutraceutical Products Sales Market Share by Application in 2023
Table Leading Consumers of Nutraceutical Products by Application in 2023
Figure Example of Direct Channel
Figure Global Nutraceutical Products for Direct Channel Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Distribution Channel
Figure Global Nutraceutical Products for Distribution Channel Revenue (Million $) and Growth Rate (2018-2023)
Table Global Nutraceutical Products Revenue by Sales Channel (2018-2023)
Table Global Nutraceutical Products Revenue Market Share by Sales Channel (2018-2023)
Figure Global Nutraceutical Products Revenue Market Share by Sales Channel in 2023
Table Leading Distributors/Dealers of Nutraceutical Products by Sales Channel in 2023
Table Global Nutraceutical Products Market Size and CAGR by Region (2018-2032)
Table Global Nutraceutical Products Sales by Region (2018-2023)
Table Global Nutraceutical Products Sales Market Share by Region (2018-2023)
Figure Global Nutraceutical Products Sales Market Share by Region in 2023
Table Global Nutraceutical Products Revenue (Million $) by Region (2018-2023)
Table Global Nutraceutical Products Revenue Market Share by Region (2018-2023)
Figure Global Nutraceutical Products Revenue Market Share by Region in 2023
Table North America Nutraceutical Products Sales by Country (2018-2023)
Figure North America Nutraceutical Products Sales Market Share by Country (2018-2023)
Table North America Nutraceutical Products Revenue by Country (2018-2023)
Figure North America Nutraceutical Products Revenue Market Share by Country (2018-2023)
Figure North America Nutraceutical Products Market Share by Type in 2023
Figure North America Nutraceutical Products Market Share by Application in 2023
Figure United States Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure United States Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure Canada Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Canada Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Table Europe Nutraceutical Products Sales by Country (2018-2023)
Figure Europe Nutraceutical Products Sales Market Share by Country (2018-2023)
Table Europe Nutraceutical Products Revenue by Country (2018-2023)
Figure Europe Nutraceutical Products Revenue Market Share by Country (2018-2023)
Figure Europe Nutraceutical Products Market Share by Type in 2023
Figure Europe Nutraceutical Products Market Share by Application in 2023
Figure Germany Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Germany Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure UK Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure UK Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure France Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure France Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure Italy Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Italy Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure Spain Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Spain Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure Russia Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Russia Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Table Asia-Pacific Nutraceutical Products Sales by Country (2018-2023)
Figure Asia-Pacific Nutraceutical Products Sales Market Share by Country (2018-2023)
Table Asia-Pacific Nutraceutical Products Revenue by Country (2018-2023)
Figure Asia-Pacific Nutraceutical Products Revenue Market Share by Country (2018-2023)
Figure Asia-Pacific Nutraceutical Products Market Share by Type in 2023
Figure Asia-Pacific Nutraceutical Products Market Share by Application in 2023
Figure China Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure China Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure Japan Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Japan Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure Korea Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Korea Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure India Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure India Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure Southeast Asia Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Southeast Asia Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure Australia Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Australia Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Table South America Nutraceutical Products Sales by Country (2018-2023)
Figure South America Nutraceutical Products Sales Market Share by Country (2018-2023)
Table South America Nutraceutical Products Revenue by Country (2018-2023)
Figure South America Nutraceutical Products Revenue Market Share by Country (2018-2023)
Figure South America Nutraceutical Products Market Share by Type in 2023
Figure South America Nutraceutical Products Market Share by Application in 2023
Figure Brazil Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Brazil Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure Mexico Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Mexico Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure Argentina Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Argentina Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure Colombia Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Colombia Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Table Middle East & Africa Nutraceutical Products Sales by Country (2018-2023)
Figure Middle East & Africa Nutraceutical Products Sales Market Share by Country (2018-2023)
Table Middle East & Africa Nutraceutical Products Revenue by Country (2018-2023)
Figure Middle East & Africa Nutraceutical Products Revenue Market Share by Country (2018-2023)
Figure Middle East & Africa Nutraceutical Products Market Share by Type in 2023
Figure Middle East & Africa Nutraceutical Products Market Share by Application in 2023
Figure Turkey Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Turkey Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure UAE Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure UAE Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure Saudi Arabia Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure Saudi Arabia Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Figure South Africa Nutraceutical Products Sales and Growth Rate (2018-2023)
Figure South Africa Nutraceutical Products Revenue (Million $) and Growth Rate (2018-2023)
Table Company Snapshot of Abbott Laboratories
Table Nutraceutical Products Introduction of Abbott Laboratories
Table Nutraceutical Products Sales, Price, Revenue, Gross Margin and Market Share of Abbott Laboratories (2021-2023)
Table Industrial Chain of Nutraceutical Products
Table Leading Consumers of Nutraceutical Products
Figure Global Nutraceutical Products Sales and Growth Rate Forecast (2024-2032)
Figure Global Nutraceutical Products Revenue and Growth Rate Forecast (2024-2032)
Table Global Nutraceutical Products Market Size and CAGR Forecast by Region (2024-2032)
Table Global Nutraceutical Products Market Size and CAGR Forecast by Type (2024-2032)
Table Global Nutraceutical Products Market Size and CAGR Forecast by Application (2024-2032)
Table Global Nutraceutical Products Market Size and CAGR Forecast by Sales Channel (2024-2032)
