Nutraceutical Products Market Size & Insights

The Global Nutraceutical Product Market size was valued at around USD 591.1 billion in 2024 and is projected to reach USD 912.25 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.50% during the forecast period, i.e., 2025-30. The growing inclination of consumers toward functional foods owing to their increasing health consciousness is the primary aspect driving the nutraceutical industry worldwide. Moreover, the mounting global prevalence of chronic illnesses and stringent norms about food fortification by the governments of different countries further accelerate the market. The development of dietary supplements is anticipated to be sparked by a swift inclination toward medical nutrition owing to the growing applications in treating cardiovascular disease and malnutrition. Other than this, the rising geriatric population, increasing healthcare costs, changing lifestyles, and food innovation have positively influenced industry growth in the past few years. 

What are the Key Driver in the Nutraceutical Products Market?

Transcending burden of lifestyle disorders– The widespread use of processed and junk food is the primary cause of the prevalence of lifestyle disorders like obesity, diabetes, etc. The use of packaged foods and beverages with high-calorie counts together with little to no physical activity has led to such kind of lifestyle crisis. However, the integration of nutraceutical goods into the general population's everyday routine has been fueled by expanding awareness of leading a healthy lifestyle, rising use of nutritional supplements for immunity building, boosting internal organ functions, etc.

What are the Key Segments in the Nutraceutical Products Market?

The Nutraceutical Products is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Product Type

• Functional Beverages
• Sports Drinks
• Dairy & Dairy Alternative Drinks
• Fruit & Vegetable Juices
• Functional Foods
• Dietary Supplements

By Distribution Channel

• Supermarkets/Hypermarkets
• Online Retail
• Specialty Stores
• Pharmacies-Market Size & Forecast 2020-2030, USD Million & Million Units
• Others-Market Size & Forecast 2020-2030, USD Million & Million Units

The specialty stores segment is poised to be the fastest-growing channel in the nutraceutical products market during the forecast period.

By End User

• Household
• Commercial

By Source

• Probiotics
• Prebiotics
• Vitamins
• Minerals

Here, Probiotic products are likely to acquire a sizable market share in the forecast period due to their versatility in treating lifestyle-related diseases.

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How does geographical analysis highlight in the Nutraceutical Products market?

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

Asia-Pacific region is expected to dominate the global nutraceutical products market during the 2025–2030 period.

Who are the Key Players in Nutraceutical Products Market?

• Archer Daniels Midland Company.
• BASF SE
• Cargill, Inc.
• Danone
• DuPont de Nemours, Inc
• General Mills Inc.
• Koninklijke DSM N.V.
• Nestle S.A.
• PepsiCo, Inc.
• Yakult Honsha Co., Ltd
• Kellogg Company
• Herbalife International of America, Inc.
• Abbott Laboratories Inc.
• Mead Johnson Nutrition Co.
• Omega Protein Corp.
• Zymes LLC

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Nutraceutical Products Market News

• 2024: BASF launched a new line of sustainable, algae-based omega-3 supplements. This shift towards algae-derived omega-3 oils offers a vegan and potentially more sustainable alternative to traditional fish oil supplements, aligning with growing consumer demand for plant-based and eco-friendly options.

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• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

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