Nutraceuticals Market Expected to Grow Over $ 180 Billion in 2020-2024 | Main drivers, trends and strategies for a new normal

NEW YORK, September 9, 2021 / PRNewswire / – The “Nutraceuticals Market by Product and Geography – Forecast and Analysis 2020-2024” report has been added to Technavio’s offering. With ISO 9001: 2015 certification, Technavio is proud to partner with more than 100 Fortune 500 companies for over 16 years.

Technavio announced its latest market research report titled Nutraceuticals Market by Product and Geography – Forecast and Analysis 2020-2024

The difference in potential growth for the nutraceuticals market between 2020 and 2024 is $ 180.38 billion. For the exact annual growth variance and annual growth rate, click here.

Key market dynamics:

  • Market engine

  • Market challenges

One of the main drivers of the market is the demand for nutraceuticals with medical benefits. However, factors such as the high cost of nutraceuticals will challenge the growth of the market.

Find out more about the main drivers, trends and additional challenges available with Technavio. Take a look at our FREE sample report now!

The Nutraceuticals market report is segmented by Product (Functional Foods, Functional Drinks, and Dietary Supplements) and Geography (APAC, Europe, AEM, North America, and South America). APAC will be the leading region with 32% market growth during the forecast period. China and Japan are the key markets for nutraceuticals in APAC.

See our sample report for an accurate prediction of the contribution of all segments and regional in-store opportunities.

Companies mentioned with their offers

  • Abbott Laboratories

  • Archer Daniels Midland Co.

  • BASF SE

  • Cargill Inc.

  • Danone SA

  • To access more supplier profiles with their key offers available with Technavio, Click here

Related reports on consumer staples include:

Global black seed oil market – The global black seed oil market is segmented by product (liquid and capsules, capsules and powder) and by geography (APAC, Europe, AEM, North America, and South America).
Download an exclusive free sample report

Global Organic Whey Protein Market – The global organic whey protein market is segmented by application (nutraceutical and food and beverage) and geography (Americas, APAC, and EMEA).
Download an exclusive free sample report

Main topics covered:

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s library of reports. Their client base consists of companies of all sizes, including over 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, in-depth research and expertise. actionable market information to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

Contact
Technavio research
Jesse maida
Communication and Marketing Officer
United States: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

Cision

Cision

View original content to download multimedia: https://www.prnewswire.com/news-releases/nutraceuticals-market-to-grow-over–180-billion-during-2020-2024–key-drivers-trends -and -strategies-for-new-normal – 17-000-technavio-research-reports-301371491.html

SOURCE Technavio

Source link

About Jamie Collins

Jamie Collins

Check Also

$ 29.8 Billion Sports Nutrition Markets in North America to 2027 – Growing Number of Sports Nutrition Initiatives

DUBLIN, September 17, 2021– (BUSINESS WIRE) – The report “North America Sports Nutrition Market 2021-2027” …