: New York, United States, 21-July-2020, (Via WiredRelease), (Reports and Data) The global nutraceutical products market was USD 253.0 Billion in 2018 and is projected to grow at a CAGR of 7.1% from 2019 to 2026. A variety of terms have appeared worldwide, such as nutraceuticals, medifoods, vitafoods, functional foods, and the more traditional dietary supplements and fortified foods. However, the term functional foods have become the predominant one even though several organizations have attempted to differentiate this emerging food category.
This report covers the recent COVID-19 incidence and its impact on Nutraceutical Products. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
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Many companies like Kraft Heinz Company (US), The Hain Celestial Group (US), Conagra (US), General Mills (US), Kellogg’s (US), Nestlé (Switzerland), Nature’s Bounty (US), Amway (US), Pfizer Inc. (US), and Freedom Food Group Limited (Australia).
Scope of the Report:
The study finds that how on certain account threats and challenges can act as a roadblock for the business. A thorough evaluation of the Nutraceutical Products market in the light of macro-environment such as social, political, economical as well as technological environment add granularity to the overall research. In addition, the study produces real-time data on vital aspects including sales, profits, gross margin and growth prospects to show how going forward the business will witness a substantial upswing.
Source (Revenue, USD Million; 2019-2026)
Proteins & Amino Acids
Phytochemicals & Plant Extracts
Fibers & Specialty Carbohydrates
Omega-3 Fatty Acids
Products (Revenue, USD Million; 2019-2026)
Food (Snacks, Confectionery, Bakery, DairyInfant Nutrition, Others) Beverages (Beverages, Health Drinks, Energy Drinks, Juices, Dairy and Dairy Alternative Beverage, Others) Dietary Supplements (Vitamins, Fatty Acids, Minerals, Proteins, Botanicals, Enzyme)
Distribution Channel (Revenue, USD Million; 2019-2026)
Conventional Stores (Grocery Stores, Mass Merchandisers, Warehouse, Online retail)
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Get to know the business better:
The global Nutraceutical Products market research is carried out at the different stages of the business lifecycle from the production of a product, cost, launch, application, consumption volume and sale. The research offers valuable insights into the marketplace from the beginning including some sound business plans chalked out by prominent market leaders to establish a strong foothold and expand their products into one that’s better than others.
The research provides answers to the following key questions:
What will be the growth rate and the market size of the Nutraceutical Products industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Nutraceutical Products market across different regions?
Who are the major driving forces expected to decide the fate of the industry worldwide?
Who are the prominent market players making a mark in the Nutraceutical Products market with their winning strategies?
Which industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
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