Market Summary
Research Methodology on Nutraceuticals Market
Introduction
The nutraceuticals market is growing steadily and is expected to grow further in the coming years. It is estimated that the global nutraceuticals market will reach an all-time high revenue by 2030. The increase in demand for nutraceuticals is mainly driven by increasing awareness about the importance of regular nutritional supplement intake, as well as the growing demand for functional foods and beverages, among other factors.
What is a nutraceutical?
It is a combination of nutrition and pharmaceuticals and refers to a food or food product that provides medical benefits and health benefits that go beyond just providing nutrition, vitamins and minerals.
This research methodology explores the following research question, “What are the factors driving the growth of the nutraceuticals market?” to gain insights into the market dynamics of the nutraceuticals sector. The research methodology includes a review of existing secondary sources of information, such as market studies, and also involves interviews and surveys of relevant stakeholders to collect primary information.
Objectives
- To provide an overview of the nutraceuticals market.
- To study the growth drivers and trends in the nutraceuticals market.
- To assess consumer behaviour and preferences when it comes to nutraceuticals.
- To analyse industry experts’ views on the potentials and opportunities of the nutraceuticals market.
Literature Review
The literature review for this research report includes an extensive review of secondary sources such as market studies, reports and journals related to nutraceuticals. This enables the researcher to gain an understanding of the global nutraceuticals market and its dynamics. As part of the research, the researchers also conduct a review of industry experts opinions on the potential and opportunities of the nutraceuticals market.
Research Design
The researchers utilized a combination of qualitative and quantitative research designs to gain insights into the factors driving the growth of the nutraceuticals market. The research involves a combination of surveys, interviews and focus groups, as well as data collection and analysis.
Data Collection Method
The primary data for this research project is collected through interviews and surveys of relevant stakeholders. The interviewees include industry experts, nutraceuticals manufacturers, industry associations, distributors and retailers.
Analysis Method
The collected data is analysed using a combination of techniques such as trend analysis, content analysis, case study analysis and interpretative analysis and the results of the analysis are presented in a report.
Sampling
The sample for this research project includes a sample of 300 customers, 100 experts in the nutraceuticals industry, 20 nutraceuticals manufacturers, 20 industry associations, 20 distributors and 20 retailers.
Timeline
The research project is completed within 12 weeks, with the following timeline:
- Week 1: Developing the research proposal and methodology
- Week 2: Data collection (surveys, interviews, focus groups)
- Week 3: Analyzing collected data
- Week 4: Preparing the report
- Week 5 – 9: Revising the report and presenting results
- Week 10: Finalizing the report
- Week 11: Print and present the report
- Week 12: Follow-up and review
Conclusion
This research methodology will help provide insights into the factors driving the growth of the nutraceuticals market, allowing the researcher to identify opportunities and potentials within the market. The methodology outlined in this research report enables the researchers to collect and analyse the necessary data to answer the research question, ‘what are the factors driving the growth of the nutraceuticals market?’.
Market Size & Forecast
Report Attribute/Metric Source: | Details |
MARKET SIZE 2023 | 187.25(USD Billion) |
MARKET SIZE 2024 | 194.76(USD Billion) |
MARKET SIZE 2035 | 300.0(USD Billion) |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.01% (2025 - 2035) |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
BASE YEAR | 2024 |
MARKET FORECAST PERIOD | 2025 - 2035 |
HISTORICAL DATA | 2019 - 2024 |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | DuPont, Abbott Laboratories, Danone, Amway, Nutraceutical International Corporation, Folex, Nestle, GSK, PepsiCo, DSM, Herbalife, Aloha, Bayer, Archer Daniels Midland, Nature's Bounty |
SEGMENTS COVERED | Product Type, Form, Distribution Channel, End Use, Regional |
KEY MARKET OPPORTUNITIES | Aging population health concerns, Plant-based supplement demand, Personalized nutrition trends, E-commerce growth in health products, Immunity-boosting nutraceuticals expansion |
KEY MARKET DYNAMICS | increasing health awareness, rising disposable incomes, aging population, growing demand for preventive healthcare, expanding e-commerce platforms |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
Major Players
Nutraceuticals Market Segmentation
Nutraceuticals Market By Product Type (USD Billion, 2019-2035)
Vitamins
Minerals
Herbal Products
Probiotics
Others
Nutraceuticals Market By Form (USD Billion, 2019-2035)
Tablets
Capsules
Powders
Liquid
Chewables
Nutraceuticals Market By Distribution Channel (USD Billion, 2019-2035)
Online
Retail
Pharmacies
Supermarkets
Health Stores
Nutraceuticals Market By End Use (USD Billion, 2019-2035)
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
Nutraceuticals Market By Regional (USD Billion, 2019-2035)
North America
Europe
South America
Asia Pacific
Middle East and Africa
Nutraceuticals Market Regional Outlook (USD Billion, 2019-2035)
North America Outlook (USD Billion, 2019-2035)
North America Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
North America Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
North America Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
North America Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
North America Nutraceuticals Market by Regional Type
US
Canada
US Outlook (USD Billion, 2019-2035)
US Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
US Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
US Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
US Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
CANADA Outlook (USD Billion, 2019-2035)
CANADA Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
CANADA Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
CANADA Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
CANADA Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
Europe Outlook (USD Billion, 2019-2035)
Europe Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
Europe Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
Europe Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
Europe Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
Europe Nutraceuticals Market by Regional Type
Germany
UK
France
Russia
Italy
Spain
Rest of Europe
GERMANY Outlook (USD Billion, 2019-2035)
GERMANY Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
GERMANY Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
GERMANY Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
GERMANY Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
UK Outlook (USD Billion, 2019-2035)
UK Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
UK Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
UK Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
UK Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
FRANCE Outlook (USD Billion, 2019-2035)
FRANCE Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
FRANCE Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
FRANCE Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
FRANCE Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
RUSSIA Outlook (USD Billion, 2019-2035)
RUSSIA Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
RUSSIA Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
RUSSIA Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
RUSSIA Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
ITALY Outlook (USD Billion, 2019-2035)
ITALY Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
ITALY Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
ITALY Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
ITALY Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
SPAIN Outlook (USD Billion, 2019-2035)
SPAIN Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
SPAIN Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
SPAIN Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
SPAIN Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
REST OF EUROPE Outlook (USD Billion, 2019-2035)
REST OF EUROPE Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
REST OF EUROPE Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
REST OF EUROPE Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
REST OF EUROPE Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
APAC Outlook (USD Billion, 2019-2035)
APAC Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
APAC Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
APAC Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
APAC Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
APAC Nutraceuticals Market by Regional Type
China
India
Japan
South Korea
Malaysia
Thailand
Indonesia
Rest of APAC
CHINA Outlook (USD Billion, 2019-2035)
CHINA Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
CHINA Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
CHINA Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
CHINA Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
INDIA Outlook (USD Billion, 2019-2035)
INDIA Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
INDIA Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
INDIA Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
INDIA Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
JAPAN Outlook (USD Billion, 2019-2035)
JAPAN Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
JAPAN Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
JAPAN Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
JAPAN Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
SOUTH KOREA Outlook (USD Billion, 2019-2035)
SOUTH KOREA Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
SOUTH KOREA Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
SOUTH KOREA Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
SOUTH KOREA Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
MALAYSIA Outlook (USD Billion, 2019-2035)
MALAYSIA Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
MALAYSIA Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
MALAYSIA Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
MALAYSIA Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
THAILAND Outlook (USD Billion, 2019-2035)
THAILAND Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
THAILAND Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
THAILAND Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
THAILAND Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
INDONESIA Outlook (USD Billion, 2019-2035)
INDONESIA Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
INDONESIA Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
INDONESIA Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
INDONESIA Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
REST OF APAC Outlook (USD Billion, 2019-2035)
REST OF APAC Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
REST OF APAC Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
REST OF APAC Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
REST OF APAC Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
South America Outlook (USD Billion, 2019-2035)
South America Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
South America Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
South America Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
South America Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
South America Nutraceuticals Market by Regional Type
Brazil
Mexico
Argentina
Rest of South America
BRAZIL Outlook (USD Billion, 2019-2035)
BRAZIL Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
BRAZIL Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
BRAZIL Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
BRAZIL Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
MEXICO Outlook (USD Billion, 2019-2035)
MEXICO Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
MEXICO Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
MEXICO Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
MEXICO Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
ARGENTINA Outlook (USD Billion, 2019-2035)
ARGENTINA Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
ARGENTINA Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
ARGENTINA Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
ARGENTINA Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2035)
REST OF SOUTH AMERICA Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
REST OF SOUTH AMERICA Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
REST OF SOUTH AMERICA Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
REST OF SOUTH AMERICA Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
MEA Outlook (USD Billion, 2019-2035)
MEA Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
MEA Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
MEA Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
MEA Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
MEA Nutraceuticals Market by Regional Type
GCC Countries
South Africa
Rest of MEA
GCC COUNTRIES Outlook (USD Billion, 2019-2035)
GCC COUNTRIES Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
GCC COUNTRIES Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
GCC COUNTRIES Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
GCC COUNTRIES Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
SOUTH AFRICA Outlook (USD Billion, 2019-2035)
SOUTH AFRICA Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
SOUTH AFRICA Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
SOUTH AFRICA Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
SOUTH AFRICA Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
REST OF MEA Outlook (USD Billion, 2019-2035)
REST OF MEA Nutraceuticals Market by Product Type
Vitamins
Minerals
Herbal Products
Probiotics
Others
REST OF MEA Nutraceuticals Market by Form Type
Tablets
Capsules
Powders
Liquid
Chewables
REST OF MEA Nutraceuticals Market by Distribution Channel Type
Online
Retail
Pharmacies
Supermarkets
Health Stores
REST OF MEA Nutraceuticals Market by End Use Type
Fitness and Wellness
Medical
Cosmetic
Food and Beverage
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