LONDON--(BUSINESS WIRE)--Technavio has been monitoring the nutraceuticals market and it is poised to grow by USD 149.89 billion during 2019-2023, progressing at a CAGR of 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Rising demand for nutraceuticals with medical benefits has been instrumental in driving the growth of the market. However, high cost of nutraceuticals might hamper market growth. Request a free sample report
Nutraceuticals Market 2019-2023: Segmentation
Nutraceuticals Market is segmented as below:
- Functional Food
- Functional Beverage
- Dietary Supplements
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30566
Nutraceuticals Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our nutraceuticals market report covers the following areas:
- Nutraceuticals Market Size
- Nutraceuticals Market Trends
- Nutraceuticals Market Industry Analysis
This study identifies industry developments as one of the prime reasons driving the nutraceuticals market growth during the next few years.
Nutraceuticals Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the nutraceuticals market, including some of the vendors such as Archer Daniels Midland, DANONE, General Mills, Nestlé and PepsiCo. Backed with competitive intelligence and benchmarking, our research reports on the nutraceuticals market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Nutraceuticals Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist nutraceuticals market growth during the next five years
- Estimation of the nutraceuticals market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the nutraceuticals market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of nutraceuticals market vendors
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