Nutraceutical Market Size to Surpass USD 895.76 Billion by 2031, Predicted CAGR of 7.5%| The Insight Partners

The report from The Insight Partners, therefore, provides several stakeholders—including ingredient manufacturers, raw material suppliers, herbal extracts manufacturers, API manufacturers, retailers, distributors, wholesalers, traders, and others—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. The report from The Insight Partners, therefore, provides several stakeholders—including ingredient manufacturers, raw material...

The report from The Insight Partners, therefore, provides several stakeholders—including ingredient manufacturers, raw material suppliers, herbal extracts manufacturers, API manufacturers, retailers, distributors, wholesalers, traders, and others—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.

The List of Companies - Nutraceuticals Market

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Overview of Report Findings

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Market Segmentation

Report Scope

 

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Competitive Strategy and Development

Global Headlines on Nutraceuticals 

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Conclusion

The global nutraceuticals market is growing with significant investments by manufacturers in research and development, partnerships, and collaborations to launch innovative products to tap into unexplored market segments. In February 2022, PepsiCo's Rockstar Energy brand launched a "hemp-infused drink" in the US. The energy drink, branded as "Rockstar Unplugged," contains hemp seed oil, vitamin B complex, spearmint, and lemon balm; moreover, the drink contains no sugar or calories. This product was made available in three flavors: blueberry, passionfruit, and raspberry-cucumber. Similarly, in March 2024, a dairy giant in Japan launched a milk beverage called " Meiji Eye and Sleep W Support," containing 7.5 mg of a functional ingredient—crocetin, which is a carotenoid derived from gardenia fruit and saffron. Owing to its small molecular weight, the drink can be easily absorbed into the body. Thus, the increasing product innovation by key market players worldwide is driving the nutraceuticals market growth.

Further, the increasing number of health-conscious consumers worldwide boosts the demand for nutraceuticals with vegan, organic, and plant-based tags. The burgeoning awareness of the more significant nutritional profiles of plant-based nutraceuticals than their traditional counterparts is expected to propel the demand for plant-based nutraceuticals over the forecast period. These products contain collagen, minerals, antioxidants, and carbohydrates in higher amounts with lower fat content, which appeals to consumers seeking healthier nutraceuticals. To keep up with the growing trend of organic and plant-based products, several companies focus on launching their plant-based nutraceuticals, along with expanding their existing product lines. Thus, plant-based and organic nutraceuticals are emerging as significant nutraceuticals market trends.

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