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  • Published In : Sep 2022
  • Code : CMI3710
  • Pages : 120
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages
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Nutraceuticals are derived from food sources and are highly enriched with various nutrients that are beneficial for good health. Consumption of these products also reduces the risk of chronic disease and relieves the symptoms of any disease. Nutraceuticals are highly versatile in nature as they are used across various industries such as food & beverages, animal feed additives, pharmaceutical, and personal care. Moreover, they can be classified into functional food, medicinal food, dietary supplements, and pharmaceuticals.

Market Dynamics

The U.S. nutraceuticals market witnessed significant growth from 2020, owing to the growing demand of consumer preference for high-protein diets. Based on product type, the U.S. nutraceuticals market is segmented into functional foods, functional beverages, and dietary supplements. Among these segments, the functional foods segment dominated the U.S. nutraceuticals market in 2021, owing to the growing consumption of plant-based protein such as soy and pea protein. This is in turn is fueling demand for the functional foods enriched with omega fatty acid and herbal supplements. This factor is estimated to drive growth of the U.S. nutraceuticals market during the forecast period.

On the basis of product form, the U.S. nutraceuticals market is bifurcated into the tablets and capsules, powder, liquid and solids/semi-solids. Among these segments, the liquid segment dominated the U.S. nutraceuticals market in 2021, due to the rising demand for the diet beverages among consumers. This factor is estimated to drive growth of the U.S. nutraceuticals market during the forecast period.

Dietary supplements are likely to grow, owing to the high awareness regarding their benefits in overall health and bodily maintenance. Fibers tend to foster easier bowel movements while providing critical cleansing of internal organs, while minerals contribute to higher retention and passage of nutrients into cells and promote blood clotting among other functions. Furthermore, high adoption rates of herbal medicines among individuals across the globe on account of the rising concerns over hazardous effects associated with conventional pharma drugs are expected to expand the market size over the forecast period.

Key features of the study:

  • This report provides an in-depth analysis of the U.S. nutraceuticals market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the U.S. nutraceuticals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include General Mills Inc., The Nature’s Bounty Co. (NBTY), Amway Enterprises, Herbalife International, Inc., Royal DSM NV, Pepsi Co., Groupe Danone, Bayer AG, Abbott Laboratories, and Chobani LLC.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics.
  • The U.S. nutraceuticals market report caters to various stakeholders in this industry including investors, suppliers, U.S. nutraceuticals manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. nutraceuticals market

Detailed Segmentation:

  • U.S. Nutraceuticals Market, By Product Type:
    • Functional Foods
      • Probiotics Fortified Foods
      • Omega Fatty Acid Fortified Foods
      • Branded Iodized salt
      • Branded Wheat Flour
      • Others
    • Functional Beverages
      • Energy Drinks
      • Sport Drinks
      • Fortified Juices
      • Fortified Dairy Beverages
      • Others
    • Dietary Supplements
      • Protein Supplements
      • Vitamins and Minerals
      • Herbal Supplements
      • Others
  • U.S. Nutraceuticals Market, By Product Form :
    • Tablet & Capsules
    • Powder
    • Liquid
    • Solids/Semi-solids
  • Company Profiles
    • General Mills Inc. *
      • Company Overview
      • Product Portfolio
      • Key Strategies
      • Recent Developments
      • Future Plans
    • The Nature’s Bounty Co. (NBTY)
    • Amway Enterprises
    • Herbalife International, Inc.
    • Royal DSM NV
    • Pepsi Co.
    • Groupe Danone
    • Bayer AG
    • Abbott Laboratories
    • Chobani LLC

“*” marked represents similar segmentation in other categories in the respective section

Detailed Segmentation:

  • U.S. Nutraceuticals Market, By Product Type:
    • Functional Foods
      • Probiotics Fortified Foods
      • Omega Fatty Acid Fortified Foods
      • Branded Iodized salt
      • Branded Wheat Flour
      • Others
    • Functional Beverages
      • Energy Drinks
      • Sport Drinks
      • Fortified Juices
      • Fortified Dairy Beverages
      • Others
    • Dietary Supplements
      • Protein Supplements
      • Vitamins and Minerals
      • Herbal Supplements
      • Others
  • U.S. Nutraceuticals Market, By Product Form :
    • Tablet & Capsules
    • Powder
    • Liquid
    • Solids/Semi-solids

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