Latest News- Nutraceuticals Market: Offline is expected to lead the Distribution Channel segment during 2025-2029

The Nutraceuticals Market is being driven by Increasing cost of medical treatment

The Nutraceuticals Market is expected to grow at a CAGR of 10.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 326.4 billion. The nutraceuticals market is experiencing significant innovation and progression, driven by increasing consumer consciousness towards healthy diets and optimal nutrition. Swiss-based Innutrigel is a leading player in this sector, specializing in starch technologies for the sweets, nutraceuticals, and pharmaceutical industries. Employing Low-Temperature Mogul (LTM) technology, Innutrigel produces soft gels for nutraceuticals, providing an alternative delivery form for those who find it challenging to consume tablets and capsules. These soft gels boast superior aesthetics, enhanced taste, and a non-sticky, bouncy texture. Innutrigel's offerings can be customized to cater to specific health requirements, enabling preventative and curative applications. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Distribution Channel
  • Offline
  • Online
• Product
  • Functional food
  • Functional beverages
  • Dietary supplements
• Application
  • Cardiovascular health
  • Diabetes management
  • Digestive and gut health
  • Immunity boosting
  • Others
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing cost of medical treatment
• Rising number of health-conscious consumers
• Rising demand for nutraceuticals with medical benefits

However, the market also witnesses some limitations, which are as follows:

• High cost of nutraceuticals
• Time-consuming manufacturing process of nutraceutical products
• Lack of awareness among aging population

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Market Scope in Nutraceuticals Market Research Report

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Research Analysis Overview

The Nutraceuticals Market encompasses bioactive compounds that enhance nutrient absorption, support gut microbiota, combat oxidative stress, promote cell regeneration, maintain hormonal balance, and improve sleep quality, mental health, sports performance, protein synthesis, muscle recovery, and energy production. Nutrient density is crucial, with options for calorie restriction, food sensitivities, and dietary restrictions. Ethical sourcing, organic farming, and supply chain transparency ensure product safety, while allergen management, shelf life, storage conditions, customer satisfaction, and brand reputation are key considerations.

Market Research Overview

The Nutraceuticals market encompasses vendors engaged in the production and supply of dietary supplements, functional foods, herbal extracts, amino acids, and omega-3 fatty acids. Unlike the global packaged foods and meats market, which primarily focuses on food processing for preservation and shelf life extension, the Nutraceuticals market caters to the demand for health-promoting and therapeutic foods and supplements. Factors driving the growth of this market include the increasing health consciousness among consumers and the proven health benefits associated with the intake of these products. Dietary supplements, for instance, offer essential nutrients that may be lacking in regular diets, while functional foods and herbal extracts provide additional health benefits beyond basic nutrition. Amino acids and omega-3 fatty acids are crucial for various bodily functions, including muscle growth and brain development. The market's growth is further fueled by the increasing prevalence of chronic diseases, such as diabetes and cardiovascular diseases, and the rising demand for natural and organic products.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/